Finvisor: 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.
Finvisor
Largest movements
- Cash +€34,927
up €34,927 (+466%), from €7,500 to €42,427
mainly Other debts (+€70,194) and Net result for the year (+€65,799)
- Receivables within one year +€28,156
up €28,156 (+270%), from €10,414 to €38,570
of which Trade receivables: +€29,570
- Deferred charges and accrued income -€4,141
down €4,141 (-83.7%), from €4,945 to €804
- Other debts +€70,194
up €70,194 (+12,116%), from €579 to €70,773
- Reserves -€38,500
down €38,500 (-100%), from €38,500 to €0
- Profit (loss) carried forward +€34,572
up €34,572, from -€34,572 to €0
- Advances received -€10,890
down €10,890 (-100%), from €10,890 to €0
- Tax, wage and social debts +€10,031
up €10,031 (+3,855%), from €260 to €10,291
of which Taxes: +€10,031
- Gross operating margin +€112,751
up €112,751, from -€32,619 to €80,132
- Taxes +€13,128
up €13,128 (+5,046%), from €260 to €13,389
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 | €26,264 | €84,541 | +€58,276 | +222% |
| Fixed assets | 21/28 | €3,405 | €2,740 | -€665 | -19.5% |
| Tangible fixed assets | 22/27 | €3,405 | €2,740 | -€665 | -19.5% |
| Plant, machinery and equipment | 23 | €2,790 | €2,253 | -€537 | -19.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €615 | €487 | -€128 | -20.8% |
| Current assets | 29/58 | €22,859 | €81,801 | +€58,942 | +258% |
| Amounts receivable within one year | 40/41 | €10,414 | €38,570 | +€28,156 | +270% |
| Trade receivables | 40 | €9,000 | €38,570 | +€29,570 | +329% |
| Other amounts receivable | 41 | €1,414 | €0 | -€1,414 | -100% |
| Cash at bank and in hand | 54/58 | €7,500 | €42,427 | +€34,927 | +466% |
| Deferred charges and accrued income | 490/1 | €4,945 | €804 | -€4,141 | -83.7% |
| Total equity and liabilities | 10/49 | €26,264 | €84,541 | +€58,276 | +222% |
| Equity | 10/15 | €4,928 | €1,000 | -€3,928 | -79.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €38,500 | €0 | -€38,500 | -100% |
| Distributable reserves | 133 | €38,500 | €0 | -€38,500 | -100% |
| Profit (loss) carried forward | 14 | -€34,572 | €0 | +€34,572 | |
| Amounts payable | 17/49 | €21,336 | €83,541 | +€62,204 | +292% |
| Amounts payable within one year | 42/48 | €21,336 | €83,541 | +€62,204 | +292% |
| Trade debts | 44 | €9,607 | €2,477 | -€7,130 | -74.2% |
| Suppliers | 440/4 | €9,607 | €2,477 | -€7,130 | -74.2% |
| Advances received on contracts in progress | 46 | €10,890 | €0 | -€10,890 | -100% |
| Taxes, remuneration and social security | 45 | €260 | €10,291 | +€10,031 | +3,855% |
| Taxes | 450/3 | €260 | €10,291 | +€10,031 | +3,855% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €579 | €70,773 | +€70,194 | +12,116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €761 | €665 | -€96 | -12.6% |
| Other operating charges | 640/8 | €858 | €1,004 | +€146 | +17.0% |
| Gross operating margin | 9900 | -€32,619 | €80,132 | +€112,751 | |
| Operating profit (loss) | 9901 | -€34,238 | €78,463 | +€112,701 | |
| Financial income | 75/76B | €263 | €1,000 | +€737 | +280% |
| Recurring financial income | 75 | €263 | €1,000 | +€737 | +280% |
| Financial charges | 65/66B | €337 | €276 | -€61 | -18.2% |
| Recurring financial charges | 65 | €337 | €276 | -€61 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,312 | €79,188 | +€113,500 | |
| Income taxes | 67/77 | €260 | €13,389 | +€13,128 | +5,046% |
| Profit (loss) for the period | 9904 | -€34,572 | €65,799 | +€100,371 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,572 | €65,799 | +€100,371 |
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 28 October 2026 via checked.be.