MainFin: 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.
MainFin
Largest movements
- Cash -€11,880
down €11,880 (-23.7%), from €50,221 to €38,341
mainly Contributions, distributions and other (-€29,000) and Other debts (-€7,958)
- Deferred charges and accrued income +€3,288
new in 2025: €3,288
- Tangible fixed assets +€2,188
up €2,188 (+18.8%), from €11,630 to €13,818
of which Other tangible fixed assets: +€3,265
- Other debts -€7,958
down €7,958 (-95.3%), from €8,347 to €389
- Short-term financial debts +€1,697
new in 2025: €1,697
- Tax, wage and social debts -€1,616
down €1,616 (-9.4%), from €17,244 to €15,629
of which Taxes: -€3,555
- Trade debts +€1,479
up €1,479 (+84.5%), from €1,751 to €3,230
- Gross operating margin +€17,342
up €17,342 (+52.1%), from €33,309 to €50,651
- Taxes +€4,131
up €4,131 (+59.0%), from €7,001 to €11,132
- Depreciation +€1,685
up €1,685 (+74.8%), from €2,252 to €3,937
- Financial charges -€1,005
down €1,005 (-17.7%), from €5,664 to €4,660
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 | €80,309 | €74,604 | -€5,705 | -7.1% |
| Fixed assets | 21/28 | €11,630 | €13,818 | +€2,188 | +18.8% |
| Tangible fixed assets | 22/27 | €11,630 | €13,818 | +€2,188 | +18.8% |
| Furniture and vehicles | 24 | €4,337 | €3,261 | -€1,076 | -24.8% |
| Other tangible fixed assets | 26 | €7,293 | €10,557 | +€3,265 | +44.8% |
| Current assets | 29/58 | €68,679 | €60,785 | -€7,893 | -11.5% |
| Amounts receivable within one year | 40/41 | €18,458 | €19,156 | +€698 | +3.8% |
| Trade receivables | 40 | €15,730 | €16,157 | +€427 | +2.7% |
| Other amounts receivable | 41 | €2,728 | €2,999 | +€271 | +9.9% |
| Cash at bank and in hand | 54/58 | €50,221 | €38,341 | -€11,880 | -23.7% |
| Deferred charges and accrued income | 490/1 | - | €3,288 | +€3,288 | |
| Total equity and liabilities | 10/49 | €80,309 | €74,604 | -€5,705 | -7.1% |
| Equity | 10/15 | €52,967 | €53,660 | +€693 | +1.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €51,967 | €52,660 | +€693 | +1.3% |
| Distributable reserves | 133 | €51,967 | €52,660 | +€693 | +1.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,342 | €20,944 | -€6,398 | -23.4% |
| Amounts payable within one year | 42/48 | €27,342 | €20,944 | -€6,398 | -23.4% |
| Financial debts | 43 | - | €1,697 | +€1,697 | |
| Credit institutions | 430/8 | - | €1,697 | +€1,697 | |
| Trade debts | 44 | €1,751 | €3,230 | +€1,479 | +84.5% |
| Suppliers | 440/4 | €1,751 | €3,230 | +€1,479 | +84.5% |
| Taxes, remuneration and social security | 45 | €17,244 | €15,629 | -€1,616 | -9.4% |
| Taxes | 450/3 | €17,244 | €13,689 | -€3,555 | -20.6% |
| Remuneration and social security | 454/9 | €0 | €1,940 | +€1,940 | |
| Other amounts payable | 47/48 | €8,347 | €389 | -€7,958 | -95.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,252 | €3,937 | +€1,685 | +74.8% |
| Other operating charges | 640/8 | €1,400 | €1,245 | -€155 | -11.0% |
| Gross operating margin | 9900 | €33,309 | €50,651 | +€17,342 | +52.1% |
| Operating profit (loss) | 9901 | €29,657 | €45,468 | +€15,811 | +53.3% |
| Financial income | 75/76B | €0 | €16 | +€16 | |
| Recurring financial income | 75 | €0 | €16 | +€16 | |
| Financial charges | 65/66B | €5,664 | €4,660 | -€1,005 | -17.7% |
| Recurring financial charges | 65 | €5,664 | €4,660 | -€1,005 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €23,993 | €40,825 | +€16,832 | +70.2% |
| Income taxes | 67/77 | €7,001 | €11,132 | +€4,131 | +59.0% |
| Profit (loss) for the period | 9904 | €16,991 | €29,693 | +€12,701 | +74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,991 | €29,693 | +€12,701 | +74.8% |
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 2 October 2026 via checked.be.