FinVesters: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FinVesters
Largest movements
- Receivables after one year +€100,000
up €100,000 (+465.1%), from €21,500 to €121,500
- Receivables within one year -€4,890
down €4,890 (-62.1%), from €7,876 to €2,987
of which Trade receivables: -€5,185
- Profit (loss) carried forward +€63,092
up €63,092 (+361.3%), from €17,461 to €80,552
- Tax, wage and social debts +€19,541
up €19,541 (+344.9%), from €5,666 to €25,207
- Trade debts +€13,303
up €13,303 (+379.9%), from €3,501 to €16,804
- Gross operating margin +€62,698
up €62,698 (+341.3%), from €18,369 to €81,068
- Taxes +€12,606
up €12,606 (+351.8%), from €3,583 to €16,189
- Financial income +€1,198
new in 2025: €1,198
- Depreciation -€1,118
down €1,118 (-78.8%), from €1,418 to €300
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,707 | €127,991 | +€96,284 | +303.7% |
| Formation expenses | 20 | €1,177 | €877 | -€300 | -25.5% |
| Current assets | 29/58 | €30,530 | €127,114 | +€96,584 | +316.4% |
| Amounts receivable after more than one year | 29 | €21,500 | €121,500 | +€100,000 | +465.1% |
| Trade receivables | 290 | €21,500 | €121,500 | +€100,000 | +465.1% |
| Amounts receivable within one year | 40/41 | €7,876 | €2,987 | -€4,890 | -62.1% |
| Trade receivables | 40 | €7,865 | €2,680 | -€5,185 | -65.9% |
| Other amounts receivable | 41 | €11 | €307 | +€296 | +2651.9% |
| Cash at bank and in hand | 54/58 | €1,154 | €1,429 | +€276 | +23.9% |
| Deferred charges and accrued income | 490/1 | - | €1,198 | +€1,198 | |
| Total equity and liabilities | 10/49 | €31,707 | €127,991 | +€96,284 | +303.7% |
| Equity | 10/15 | €22,461 | €85,552 | +€63,092 | +280.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,461 | €80,552 | +€63,092 | +361.3% |
| Amounts payable | 17/49 | €9,246 | €42,438 | +€33,192 | +359.0% |
| Amounts payable within one year | 42/48 | €9,246 | €42,438 | +€33,192 | +359.0% |
| Trade debts | 44 | €3,501 | €16,804 | +€13,303 | +379.9% |
| Suppliers | 440/4 | €3,501 | €16,804 | +€13,303 | +379.9% |
| Taxes, remuneration and social security | 45 | €5,666 | €25,207 | +€19,541 | +344.9% |
| Taxes | 450/3 | €5,666 | €25,207 | +€19,541 | +344.9% |
| Other amounts payable | 47/48 | €79 | €427 | +€348 | +438.1% |
| Non-recurring operating income | 76A | €1,473 | - | -€1,473 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,418 | €300 | -€1,118 | -78.8% |
| Other operating charges | 640/8 | €879 | €400 | -€479 | -54.5% |
| Gross operating margin | 9900 | €18,369 | €81,068 | +€62,698 | +341.3% |
| Operating profit (loss) | 9901 | €16,072 | €80,368 | +€64,296 | +400.1% |
| Financial income | 75/76B | - | €1,198 | +€1,198 | |
| Recurring financial income | 75 | - | €1,198 | +€1,198 | |
| Financial charges | 65/66B | €1,799 | €2,285 | +€486 | +27.0% |
| Recurring financial charges | 65 | €1,799 | €2,285 | +€486 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | €14,273 | €79,281 | +€65,008 | +455.5% |
| Income taxes | 67/77 | €3,583 | €16,189 | +€12,606 | +351.8% |
| Profit (loss) for the period | 9904 | €10,690 | €63,092 | +€52,402 | +490.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,690 | €63,092 | +€52,402 | +490.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.