FinViCo: 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.
FinViCo
Largest movements
- Cash +€76,346
up €76,346 (+241%), from €31,641 to €107,988
mainly Net result for the year (+€87,975) and Receivables after one year (+€60,136)
- Receivables after one year -€60,136
down €60,136 (-74.2%), from €80,999 to €20,864
- Receivables within one year -€20,754
down €20,754 (-76.7%), from €27,065 to €6,311
- Tangible fixed assets -€5,086
down €5,086 (-3.0%), from €169,297 to €164,211
- Debts after one year -€10,533
down €10,533 (-8.2%), from €128,155 to €117,622
- Trade debts -€4,488
down €4,488 (-76.7%), from €5,854 to €1,366
- Gross operating margin +€26,860
up €26,860 (+29.3%), from €91,528 to €118,388
- Taxes +€5,821
up €5,821 (+32.3%), from €18,001 to €23,822
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.
Derived cash bridge
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 | €309,002 | €299,373 | -€9,630 | -3.1% |
| Fixed assets | 21/28 | €169,297 | €164,211 | -€5,086 | -3.0% |
| Tangible fixed assets | 22/27 | €169,297 | €164,211 | -€5,086 | -3.0% |
| Land and buildings | 22 | €169,297 | €164,211 | -€5,086 | -3.0% |
| Current assets | 29/58 | €139,706 | €135,162 | -€4,544 | -3.3% |
| Amounts receivable after more than one year | 29 | €80,999 | €20,864 | -€60,136 | -74.2% |
| Other amounts receivable | 291 | €80,999 | €20,864 | -€60,136 | -74.2% |
| Amounts receivable within one year | 40/41 | €27,065 | €6,311 | -€20,754 | -76.7% |
| Trade receivables | 40 | €27,065 | €6,311 | -€20,754 | -76.7% |
| Cash at bank and in hand | 54/58 | €31,641 | €107,988 | +€76,346 | +241% |
| Total equity and liabilities | 10/49 | €309,002 | €299,373 | -€9,630 | -3.1% |
| Equity | 10/15 | €143,981 | €144,456 | +€475 | +0.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €137,000 | €137,000 | = | 0.0% |
| Distributable reserves | 133 | €137,000 | €137,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,981 | €2,456 | +€475 | +24.0% |
| Amounts payable | 17/49 | €165,021 | €154,916 | -€10,105 | -6.1% |
| Amounts payable after more than one year | 17 | €128,155 | €117,622 | -€10,533 | -8.2% |
| Financial debts | 170/4 | €128,155 | €117,622 | -€10,533 | -8.2% |
| Amounts payable within one year | 42/48 | €36,866 | €35,254 | -€1,612 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €10,533 | €10,533 | = | 0.0% |
| Trade debts | 44 | €5,854 | €1,366 | -€4,488 | -76.7% |
| Suppliers | 440/4 | €5,854 | €1,366 | -€4,488 | -76.7% |
| Taxes, remuneration and social security | 45 | €20,478 | €23,355 | +€2,876 | +14.0% |
| Taxes | 450/3 | €20,478 | €23,355 | +€2,876 | +14.0% |
| Accrued charges and deferred income | 492/3 | - | €2,040 | +€2,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,086 | €5,086 | = | 0.0% |
| Other operating charges | 640/8 | €778 | €922 | +€143 | +18.4% |
| Gross operating margin | 9900 | €91,528 | €118,388 | +€26,860 | +29.3% |
| Operating profit (loss) | 9901 | €85,663 | €112,380 | +€26,717 | +31.2% |
| Financial income | 75/76B | €3,484 | €2,605 | -€880 | -25.2% |
| Recurring financial income | 75 | €3,484 | €2,605 | -€880 | -25.2% |
| Financial charges | 65/66B | €3,378 | €3,187 | -€190 | -5.6% |
| Recurring financial charges | 65 | €3,378 | €3,187 | -€190 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €85,769 | €111,797 | +€26,027 | +30.3% |
| Income taxes | 67/77 | €18,001 | €23,822 | +€5,821 | +32.3% |
| Profit (loss) for the period | 9904 | €67,768 | €87,975 | +€20,207 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,768 | €87,975 | +€20,207 | +29.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.