FYNF: 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.
FYNF
Largest movements
- Current investments +€770,894
up €770,894 (+34.9%), from €2.2m to €3.0m
- Financial fixed assets +€105,000
up €105,000 (+67.7%), from €155,000 to €260,000
- Reserves +€4.7m
up €4.7m (+4731.0%), from €99,134 to €4.8m
of which Distributable reserves: +€3.9m
- Profit (loss) carried forward -€4.6m
down €4.6m (-100.0%), from €4.6m to €0
- Debts after one year +€754,158
up €754,158 (+173.6%), from €434,520 to €1.2m
- Financial income +€13,755
up €13,755 (+27.4%), from €50,284 to €64,039
- Gross operating margin +€11,355
up €11,355 (+189.8%), from €5,981 to €17,336
- Other operating charges -€3,556
down €3,556 (-69.4%), from €5,121 to €1,565
- Taxes +€3,321
new in 2025: €3,321
- Financial charges -€557
down €557 (-4.3%), from €13,084 to €12,527
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 | €5,837,099 | €6,644,009 | +€806,909 | +13.8% |
| Fixed assets | 21/28 | €683,814 | €774,933 | +€91,119 | +13.3% |
| Tangible fixed assets | 22/27 | €528,814 | €514,933 | -€13,881 | -2.6% |
| Land and buildings | 22 | €528,814 | €514,933 | -€13,881 | -2.6% |
| Financial fixed assets | 28 | €155,000 | €260,000 | +€105,000 | +67.7% |
| Current assets | 29/58 | €5,153,286 | €5,869,076 | +€715,790 | +13.9% |
| Amounts receivable after more than one year | 29 | €2,841,650 | €2,841,650 | = | 0.0% |
| Trade receivables | 290 | €2,841,650 | €2,841,650 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,200 | €10,751 | -€9,449 | -46.8% |
| Other amounts receivable | 41 | €20,200 | €10,751 | -€9,449 | -46.8% |
| Current investments | 50/53 | €2,205,962 | €2,976,857 | +€770,894 | +34.9% |
| Cash at bank and in hand | 54/58 | €72,651 | €26,996 | -€45,655 | -62.8% |
| Deferred charges and accrued income | 490/1 | €12,822 | €12,822 | = | 0.0% |
| Total equity and liabilities | 10/49 | €5,837,099 | €6,644,009 | +€806,909 | +13.8% |
| Equity | 10/15 | €5,382,252 | €5,432,334 | +€50,082 | +0.9% |
| Contributions | 10/11 | €643,189 | €643,189 | = | 0.0% |
| Reserves | 13 | €99,134 | €4,789,145 | +€4.7m | +4731.0% |
| Non-distributable reserves | 130/1 | - | €775,000 | +€775,000 | |
| Own shares acquired | 1312 | - | €775,000 | +€775,000 | |
| Distributable reserves | 133 | €99,134 | €4,014,145 | +€3.9m | +3949.2% |
| Profit (loss) carried forward | 14 | €4,639,929 | €0 | -€4.6m | -100.0% |
| Amounts payable | 17/49 | €454,847 | €1,211,675 | +€756,828 | +166.4% |
| Amounts payable after more than one year | 17 | €434,520 | €1,188,677 | +€754,158 | +173.6% |
| Financial debts | 170/4 | €434,520 | €1,188,677 | +€754,158 | +173.6% |
| Amounts payable within one year | 42/48 | €20,327 | €22,997 | +€2,670 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €20,277 | €20,842 | +€565 | +2.8% |
| Trade debts | 44 | €50 | €0 | -€50 | -100.0% |
| Suppliers | 440/4 | €50 | €0 | -€50 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €2,155 | +€2,155 | |
| Taxes | 450/3 | - | €2,155 | +€2,155 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,881 | €13,881 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,121 | €1,565 | -€3,556 | -69.4% |
| Gross operating margin | 9900 | €5,981 | €17,336 | +€11,355 | +189.8% |
| Operating profit (loss) | 9901 | -€13,021 | €1,890 | +€14,911 | |
| Financial income | 75/76B | €50,284 | €64,039 | +€13,755 | +27.4% |
| Recurring financial income | 75 | €50,284 | €64,039 | +€13,755 | +27.4% |
| Financial charges | 65/66B | €13,084 | €12,527 | -€557 | -4.3% |
| Recurring financial charges | 65 | €13,084 | €12,527 | -€557 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €24,180 | €53,403 | +€29,223 | +120.9% |
| Income taxes | 67/77 | - | €3,321 | +€3,321 | |
| Profit (loss) for the period | 9904 | €24,180 | €50,082 | +€25,902 | +107.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,180 | €50,082 | +€25,902 | +107.1% |
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 28 September 2026 via checked.be.