MainFin: what changed
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
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.