FIRENTER: 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.
FIRENTER
Largest movements
- Cash +€36,061
up €36,061 (+1352.7%), from €2,666 to €38,727
mainly Net result for the year (+€77,745) and Depreciation (+€27,666)
- Tangible fixed assets +€30,379
up €30,379 (+62.6%), from €48,568 to €78,947
of which Furniture and vehicles: +€24,816
- Receivables within one year -€17,169
down €17,169 (-39.4%), from €43,622 to €26,453
of which Trade receivables: -€15,370
- Reserves +€77,745
up €77,745 (+1396.2%), from €5,568 to €83,313
of which Tax-exempt reserves: +€56,625
- Short-term financial debts -€21,601
no longer reported in 2025 (was €21,601)
- Provisions +€18,875
new in 2025: €18,875
- Tax, wage and social debts -€13,370
down €13,370 (-93.1%), from €14,368 to €998
- Trade debts -€8,062
down €8,062 (-22.4%), from €35,912 to €27,851
- Gross operating margin +€98,292
up €98,292 (+241.9%), from €40,640 to €138,932
- Financial charges -€13,297
down €13,297 (-84.1%), from €15,815 to €2,518
- Other operating charges +€10,375
up €10,375 (+449.2%), from €2,310 to €12,685
- Depreciation +€7,744
up €7,744 (+38.9%), from €19,922 to €27,666
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 | €94,855 | €144,127 | +€49,272 | +51.9% |
| Fixed assets | 21/28 | €48,568 | €78,947 | +€30,379 | +62.6% |
| Tangible fixed assets | 22/27 | €48,568 | €78,947 | +€30,379 | +62.6% |
| Land and buildings | 22 | €17,130 | €19,356 | +€2,227 | +13.0% |
| Plant, machinery and equipment | 23 | €15,563 | €18,900 | +€3,337 | +21.4% |
| Furniture and vehicles | 24 | €15,875 | €40,691 | +€24,816 | +156.3% |
| Current assets | 29/58 | €46,287 | €65,180 | +€18,892 | +40.8% |
| Amounts receivable within one year | 40/41 | €43,622 | €26,453 | -€17,169 | -39.4% |
| Trade receivables | 40 | €39,575 | €24,205 | -€15,370 | -38.8% |
| Other amounts receivable | 41 | €4,046 | €2,247 | -€1,799 | -44.5% |
| Cash at bank and in hand | 54/58 | €2,666 | €38,727 | +€36,061 | +1352.7% |
| Total equity and liabilities | 10/49 | €94,855 | €144,127 | +€49,272 | +51.9% |
| Equity | 10/15 | €7,568 | €85,313 | +€77,745 | +1027.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,568 | €83,313 | +€77,745 | +1396.2% |
| Tax-exempt reserves | 132 | - | €56,625 | +€56,625 | |
| Distributable reserves | 133 | €5,568 | €26,688 | +€21,120 | +379.3% |
| Provisions and deferred taxes | 16 | - | €18,875 | +€18,875 | |
| Deferred taxes | 168 | - | €18,875 | +€18,875 | |
| Amounts payable | 17/49 | €87,287 | €39,939 | -€47,348 | -54.2% |
| Amounts payable within one year | 42/48 | €87,287 | €39,939 | -€47,348 | -54.2% |
| Financial debts | 43 | €21,601 | - | -€21,601 | |
| Credit institutions | 430/8 | €21,601 | - | -€21,601 | |
| Trade debts | 44 | €35,912 | €27,851 | -€8,062 | -22.4% |
| Suppliers | 440/4 | €35,912 | €27,851 | -€8,062 | -22.4% |
| Taxes, remuneration and social security | 45 | €14,368 | €998 | -€13,370 | -93.1% |
| Taxes | 450/3 | €14,368 | €998 | -€13,370 | -93.1% |
| Other amounts payable | 47/48 | €15,405 | €11,090 | -€4,315 | -28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,922 | €27,666 | +€7,744 | +38.9% |
| Other operating charges | 640/8 | €2,310 | €12,685 | +€10,375 | +449.2% |
| Gross operating margin | 9900 | €40,640 | €138,932 | +€98,292 | +241.9% |
| Operating profit (loss) | 9901 | €18,408 | €98,581 | +€80,173 | +435.5% |
| Financial income | 75/76B | €144 | €1,044 | +€900 | +626.6% |
| Recurring financial income | 75 | €144 | €44 | -€100 | -69.4% |
| Non-recurring financial income | 76B | - | €1,000 | +€1,000 | |
| Financial charges | 65/66B | €15,815 | €2,518 | -€13,297 | -84.1% |
| Recurring financial charges | 65 | €15,815 | €2,518 | -€13,297 | -84.1% |
| Profit (loss) for the period before taxes | 9903 | €2,737 | €97,106 | +€94,370 | +3448.3% |
| Transfer to deferred taxes | 680 | - | €18,875 | +€18,875 | |
| Income taxes | 67/77 | €511 | €487 | -€24 | -4.8% |
| Profit (loss) for the period | 9904 | €2,225 | €77,745 | +€75,519 | +3393.5% |
| Transfer to tax-exempt reserves | 689 | - | €56,625 | +€56,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,225 | €21,120 | +€18,894 | +849.0% |
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.