FINVOL SIGMA: 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.
FINVOL SIGMA
Largest movements
- Receivables within one year +€114,190
up €114,190 (+42.2%), from €270,436 to €384,626
- Deferred charges and accrued income -€63,103
down €63,103 (-74.8%), from €84,329 to €21,226
- Other debts +€657,442
up €657,442 (+20.7%), from €3.2m to €3.8m
- Debts after one year -€400,000
down €400,000 (-33.3%), from €1.2m to €800,000
- Profit (loss) carried forward -€102,519
down €102,519 (-15.7%), from -€651,430 to -€753,948
- Trade debts -€83,503
down €83,503 (-70.7%), from €118,173 to €34,671
- Financial charges -€52,595
down €52,595 (-20.9%), from €251,785 to €199,190
- Gross operating margin +€17,893
up €17,893 (+23.9%), from €74,759 to €92,653
- Financial income -€17,172
down €17,172 (-77.0%), from €22,310 to €5,138
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,965,697 | €6,016,784 | +€51,087 | +0.9% |
| Fixed assets | 21/28 | €5,610,932 | €5,610,932 | = | 0.0% |
| Financial fixed assets | 28 | €5,610,932 | €5,610,932 | = | 0.0% |
| Current assets | 29/58 | €354,765 | €405,852 | +€51,087 | +14.4% |
| Amounts receivable within one year | 40/41 | €270,436 | €384,626 | +€114,190 | +42.2% |
| Trade receivables | 40 | €270,436 | €384,626 | +€114,190 | +42.2% |
| Deferred charges and accrued income | 490/1 | €84,329 | €21,226 | -€63,103 | -74.8% |
| Total equity and liabilities | 10/49 | €5,965,697 | €6,016,784 | +€51,087 | +0.9% |
| Equity | 10/15 | €1,416,220 | €1,313,702 | -€102,519 | -7.2% |
| Contributions | 10/11 | €2,061,500 | €2,061,500 | = | 0.0% |
| Capital | 10 | €2,061,500 | €2,061,500 | = | 0.0% |
| Issued capital | 100 | €2,061,500 | €2,061,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€651,430 | -€753,948 | -€102,519 | -15.7% |
| Amounts payable | 17/49 | €4,549,477 | €4,703,082 | +€153,605 | +3.4% |
| Amounts payable after more than one year | 17 | €1,200,000 | €800,000 | -€400,000 | -33.3% |
| Financial debts | 170/4 | €1,200,000 | €800,000 | -€400,000 | -33.3% |
| Amounts payable within one year | 42/48 | €3,291,002 | €3,864,941 | +€573,939 | +17.4% |
| Trade debts | 44 | €118,173 | €34,671 | -€83,503 | -70.7% |
| Suppliers | 440/4 | €118,173 | €34,671 | -€83,503 | -70.7% |
| Other amounts payable | 47/48 | €3,172,829 | €3,830,270 | +€657,442 | +20.7% |
| Accrued charges and deferred income | 492/3 | €58,475 | €38,141 | -€20,333 | -34.8% |
| Non-recurring operating income | 76A | €7,845 | €25,904 | +€18,059 | +230% |
| Other operating charges | 640/8 | €1,193 | €1,119 | -€74 | -6.2% |
| Gross operating margin | 9900 | €74,759 | €92,653 | +€17,893 | +23.9% |
| Operating profit (loss) | 9901 | €73,566 | €91,534 | +€17,967 | +24.4% |
| Financial income | 75/76B | €22,310 | €5,138 | -€17,172 | -77.0% |
| Recurring financial income | 75 | €22,310 | €5,138 | -€17,172 | -77.0% |
| Financial charges | 65/66B | €251,785 | €199,190 | -€52,595 | -20.9% |
| Recurring financial charges | 65 | €251,785 | €199,190 | -€52,595 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€155,909 | -€102,519 | +€53,390 | +34.2% |
| Profit (loss) for the period | 9904 | -€155,909 | -€102,519 | +€53,390 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€155,909 | -€102,519 | +€53,390 | +34.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.