Kantoor Finlo: 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.
Kantoor Finlo
Largest movements
- Cash -€196,262
down €196,262 (-91.3%), from €215,045 to €18,783
mainly Current investments (-€165,000) and Investment in fixed assets (net) (-€85,651)
- Current investments +€165,000
up €165,000, from €0 to €165,000
- Tangible fixed assets +€63,122
up €63,122 (+46.3%), from €136,377 to €199,499
of which Other tangible fixed assets: +€62,265
- Intangible fixed assets -€20,983
down €20,983 (-12.6%), from €166,195 to €145,212
- Receivables within one year +€19,580
up €19,580 (+32.8%), from €59,624 to €79,204
of which Other amounts receivable: +€21,674
- Reserves +€69,610
up €69,610 (+19.1%), from €363,864 to €433,474
of which Distributable reserves: +€69,610
- Current portion of long-term debt -€28,688
down €28,688 (-63.3%), from €45,349 to €16,660
- Debts after one year -€16,660
down €16,660 (-49.2%), from €33,887 to €17,227
- Trade debts +€7,519
up €7,519 (+166%), from €4,532 to €12,051
- Gross operating margin -€66,809
down €66,809 (-19.4%), from €343,807 to €276,998
- Taxes -€25,955
down €25,955 (-53.2%), from €48,828 to €22,872
- Staff costs +€24,051
up €24,051 (+20.7%), from €116,133 to €140,184
- Depreciation +€19,168
up €19,168 (+78.7%), from €24,344 to €43,512
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 | €579,502 | €609,403 | +€29,901 | +5.2% |
| Fixed assets | 21/28 | €302,572 | €344,711 | +€42,140 | +13.9% |
| Intangible fixed assets | 21 | €166,195 | €145,212 | -€20,983 | -12.6% |
| Tangible fixed assets | 22/27 | €136,377 | €199,499 | +€63,122 | +46.3% |
| Plant, machinery and equipment | 23 | €366 | €183 | -€183 | -50.0% |
| Furniture and vehicles | 24 | €493 | €1,533 | +€1,040 | +211% |
| Other tangible fixed assets | 26 | €135,518 | €197,783 | +€62,265 | +45.9% |
| Current assets | 29/58 | €276,930 | €264,691 | -€12,239 | -4.4% |
| Amounts receivable within one year | 40/41 | €59,624 | €79,204 | +€19,580 | +32.8% |
| Trade receivables | 40 | €58,359 | €56,264 | -€2,095 | -3.6% |
| Other amounts receivable | 41 | €1,265 | €22,940 | +€21,674 | +1,713% |
| Current investments | 50/53 | €0 | €165,000 | +€165,000 | |
| Cash at bank and in hand | 54/58 | €215,045 | €18,783 | -€196,262 | -91.3% |
| Deferred charges and accrued income | 490/1 | €2,261 | €1,705 | -€556 | -24.6% |
| Total equity and liabilities | 10/49 | €579,502 | €609,403 | +€29,901 | +5.2% |
| Equity | 10/15 | €425,864 | €495,474 | +€69,610 | +16.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €363,864 | €433,474 | +€69,610 | +19.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €357,664 | €427,274 | +€69,610 | +19.5% |
| Amounts payable | 17/49 | €153,638 | €113,929 | -€39,709 | -25.8% |
| Amounts payable after more than one year | 17 | €33,887 | €17,227 | -€16,660 | -49.2% |
| Financial debts | 170/4 | €33,887 | €17,227 | -€16,660 | -49.2% |
| Amounts payable within one year | 42/48 | €90,725 | €66,875 | -€23,850 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €45,349 | €16,660 | -€28,688 | -63.3% |
| Financial debts | 43 | €15,187 | €15,154 | -€33 | -0.2% |
| Credit institutions | 430/8 | €15,187 | €15,154 | -€33 | -0.2% |
| Trade debts | 44 | €4,532 | €12,051 | +€7,519 | +166% |
| Suppliers | 440/4 | €4,532 | €12,051 | +€7,519 | +166% |
| Taxes, remuneration and social security | 45 | €25,040 | €22,902 | -€2,138 | -8.5% |
| Taxes | 450/3 | €9,858 | €339 | -€9,519 | -96.6% |
| Remuneration and social security | 454/9 | €15,182 | €22,563 | +€7,381 | +48.6% |
| Other amounts payable | 47/48 | €617 | €108 | -€510 | -82.6% |
| Accrued charges and deferred income | 492/3 | €29,026 | €29,827 | +€801 | +2.8% |
| Remuneration, social security and pensions | 62 | €116,133 | €140,184 | +€24,051 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,344 | €43,512 | +€19,168 | +78.7% |
| Other operating charges | 640/8 | €753 | €619 | -€134 | -17.8% |
| Gross operating margin | 9900 | €343,807 | €276,998 | -€66,809 | -19.4% |
| Operating profit (loss) | 9901 | €202,578 | €92,684 | -€109,894 | -54.2% |
| Financial income | 75/76B | €3,097 | €2,706 | -€391 | -12.6% |
| Recurring financial income | 75 | €3,097 | €2,706 | -€391 | -12.6% |
| Financial charges | 65/66B | €2,490 | €2,908 | +€418 | +16.8% |
| Recurring financial charges | 65 | €2,490 | €2,908 | +€418 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €203,185 | €92,482 | -€110,703 | -54.5% |
| Income taxes | 67/77 | €48,828 | €22,872 | -€25,955 | -53.2% |
| Profit (loss) for the period | 9904 | €154,358 | €69,610 | -€84,748 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €154,358 | €69,610 | -€84,748 | -54.9% |
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 1 November 2026 via checked.be.