F. DE MEE: 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.
F. DE MEE
Largest movements
- Cash +€86,212
up €86,212 (+63.4%), from €135,998 to €222,210
mainly Net result for the year (+€106,838) and Tax, wage and social debts (+€18,901)
- Deferred charges and accrued income +€22,730
new in 2025: €22,730
- Receivables after one year +€6,500
up €6,500 (+162.5%), from €4,000 to €10,500
of which Trade receivables: +€10,500
- Reserves +€106,838
up €106,838 (+102.5%), from €104,210 to €211,048
- Tax, wage and social debts +€18,901
up €18,901 (+91.5%), from €20,652 to €39,553
- Trade debts -€9,950
down €9,950 (-92.5%), from €10,756 to €806
- Gross operating margin +€1,986
up €1,986 (+1.5%), from €134,593 to €136,579
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 | €144,170 | €259,197 | +€115,027 | +79.8% |
| Fixed assets | 21/28 | €4,172 | €3,757 | -€415 | -9.9% |
| Tangible fixed assets | 22/27 | €1,672 | €1,257 | -€415 | -24.8% |
| Plant, machinery and equipment | 23 | €1,672 | €1,257 | -€415 | -24.8% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €139,998 | €255,440 | +€115,442 | +82.5% |
| Amounts receivable after more than one year | 29 | €4,000 | €10,500 | +€6,500 | +162.5% |
| Trade receivables | 290 | - | €10,500 | +€10,500 | |
| Other amounts receivable | 291 | €4,000 | - | -€4,000 | |
| Cash at bank and in hand | 54/58 | €135,998 | €222,210 | +€86,212 | +63.4% |
| Deferred charges and accrued income | 490/1 | - | €22,730 | +€22,730 | |
| Total equity and liabilities | 10/49 | €144,170 | €259,197 | +€115,027 | +79.8% |
| Equity | 10/15 | €111,710 | €218,548 | +€106,838 | +95.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €104,210 | €211,048 | +€106,838 | +102.5% |
| Distributable reserves | 133 | €104,210 | €211,048 | +€106,838 | +102.5% |
| Amounts payable | 17/49 | €32,460 | €40,649 | +€8,189 | +25.2% |
| Amounts payable within one year | 42/48 | €32,460 | €40,649 | +€8,189 | +25.2% |
| Trade debts | 44 | €10,756 | €806 | -€9,950 | -92.5% |
| Suppliers | 440/4 | €10,756 | €806 | -€9,950 | -92.5% |
| Taxes, remuneration and social security | 45 | €20,652 | €39,553 | +€18,901 | +91.5% |
| Taxes | 450/3 | €20,652 | €39,553 | +€18,901 | +91.5% |
| Other amounts payable | 47/48 | €1,052 | €290 | -€762 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €401 | €415 | +€14 | +3.5% |
| Other operating charges | 640/8 | €873 | €465 | -€408 | -46.7% |
| Gross operating margin | 9900 | €134,593 | €136,579 | +€1,986 | +1.5% |
| Operating profit (loss) | 9901 | €133,319 | €135,699 | +€2,380 | +1.8% |
| Financial income | 75/76B | €102 | €964 | +€862 | +845.1% |
| Recurring financial income | 75 | €102 | €964 | +€862 | +845.1% |
| Financial charges | 65/66B | €57 | €43 | -€14 | -24.6% |
| Recurring financial charges | 65 | €57 | €43 | -€14 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €133,364 | €136,620 | +€3,256 | +2.4% |
| Income taxes | 67/77 | €29,154 | €29,782 | +€628 | +2.2% |
| Profit (loss) for the period | 9904 | €104,210 | €106,838 | +€2,628 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €104,210 | €106,838 | +€2,628 | +2.5% |
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 3 October 2026 via checked.be.