Finz: what changed
Two fiscal 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.
What changed
Finz
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€49,402
2024 · €53,052-€3,650
Equity
€176,679
2024 · €127,277+€49,402
Cash
€110,229
2024 · €130,272-€20,043
Balance sheet total
€183,392
2024 · €133,900+€49,491
Largest movements
Assets
- Tangible fixed assets +€67,132
up €67,132 (+1914.5%), from €3,506 to €70,639
of which Furniture and vehicles: +€66,029
- Cash -€20,043
down €20,043 (-15.4%), from €130,272 to €110,229
mainly Investment in fixed assets (net) (-€75,395) and Receivables within one year (-€2,402)
- Receivables within one year +€2,402
up €2,402 (+1969.9%), from €122 to €2,524
of which Other amounts receivable: +€2,402
Equity and liabilities
- Profit (loss) carried forward +€49,402
up €49,402 (+39.8%), from €124,277 to €173,679
Income statement
- Turnover +€134,694
new in 2025: €134,694
- Purchases and services +€75,235
new in 2025: €75,235
- Gross operating margin -€3,686
down €3,686 (-5.0%), from €73,577 to €69,891
- Depreciation +€2,857
up €2,857 (+52.8%), from €5,406 to €8,263
- Taxes -€2,449
down €2,449 (-17.2%), from €14,232 to €11,783
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.
Result 2024
€53,052
Gross operating margin
-€3,686
Depreciation
-€2,857
Other operating charges
+€236
Financial income
+€215
Financial charges
-€7
Taxes
+€2,449
Result 2025
€49,402
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.
From operations
+€55,352
Investment
-€75,395
Financing
€0
Cash 2024
€130,272
From operations (derived)
+€55,352
Net result for the year
+€49,402
Depreciation
+€8,263
Receivables within one year
-€2,402
Trade debts
+€21
Tax, wage and social debts
+€770
Other debts
-€702
Investment (derived)
-€75,395
Investment in fixed assets (net)
-€75,395
Cash 2025
€110,229
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,900 | €183,392 | +€49,491 | +37.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €3,506 | €70,639 | +€67,132 | +1914.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €3,506 | €70,639 | +€67,132 | +1914.5% |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | €202 | €1,305 | +€1,103 | +546.2% |
| Furniture and vehicles | 24 | €3,305 | €69,334 | +€66,029 | +1998.1% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €130,394 | €112,753 | -€17,641 | -13.5% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €122 | €2,524 | +€2,402 | +1969.9% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €122 | €2,524 | +€2,402 | +1969.9% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €130,272 | €110,229 | -€20,043 | -15.4% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €133,900 | €183,392 | +€49,491 | +37.0% |
| Equity | 10/15 | €127,277 | €176,679 | +€49,402 | +38.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | - | €0 | = | |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Own shares acquired | 1312 | - | €0 | = | |
| Financial assistance | 1313 | - | €0 | = | |
| Other | 1319 | - | €0 | = | |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | - | €0 | = | |
| Profit (loss) carried forward | 14 | €124,277 | €173,679 | +€49,402 | +39.8% |
| Investment grants | 15 | - | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Provisions for liabilities and charges | 160/5 | - | €0 | = | |
| Pensions and similar obligations | 160 | - | €0 | = | |
| Taxes | 161 | - | €0 | = | |
| Major repairs and maintenance | 162 | - | €0 | = | |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | - | €0 | = | |
| Deferred taxes | 168 | - | €0 | = | |
| Amounts payable | 17/49 | €6,624 | €6,713 | +€89 | +1.3% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Trade debts | 175 | - | €0 | = | |
| Advances received on contracts in progress | 176 | - | €0 | = | |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €6,624 | €6,713 | +€89 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €150 | €171 | +€21 | +14.2% |
| Suppliers | 440/4 | €150 | €171 | +€21 | +14.2% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €5,771 | €6,541 | +€770 | +13.3% |
| Taxes | 450/3 | €5,771 | €6,541 | +€770 | +13.3% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €702 | €0 | -€702 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | - | €134,694 | +€134,694 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €75,235 | +€75,235 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,406 | €8,263 | +€2,857 | +52.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | €847 | €612 | -€236 | -27.8% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €73,577 | €69,891 | -€3,686 | -5.0% |
| Operating profit (loss) | 9901 | €67,323 | €61,017 | -€6,307 | -9.4% |
| Financial income | 75/76B | - | €215 | +€215 | |
| Recurring financial income | 75 | - | €215 | +€215 | |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €40 | €47 | +€7 | +18.7% |
| Recurring financial charges | 65 | €40 | €47 | +€7 | +18.7% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €67,284 | €61,185 | -€6,099 | -9.1% |
| Transfer from deferred taxes | 780 | - | €0 | = | |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Income taxes | 67/77 | €14,232 | €11,783 | -€2,449 | -17.2% |
| Profit (loss) for the period | 9904 | €53,052 | €49,402 | -€3,650 | -6.9% |
| Transfer from tax-exempt reserves | 789 | - | €0 | = | |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €53,052 | €49,402 | -€3,650 | -6.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.