FE COMPANY: 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.
FE COMPANY
Largest movements
- Tangible fixed assets -€12,249
down €12,249 (-23.6%), from €51,902 to €39,654
of which Furniture and vehicles: -€11,214
- Receivables within one year -€6,927
down €6,927 (-25.2%), from €27,512 to €20,585
of which Trade receivables: -€8,618
- Deferred charges and accrued income -€4,816
down €4,816 (-23.6%), from €20,383 to €15,567
- Profit (loss) carried forward -€16,986
down €16,986 (-135%), from -€12,558 to -€29,544
- Debts after one year -€8,055
down €8,055 (-24.8%), from €32,506 to €24,451
- Tax, wage and social debts -€3,048
down €3,048 (-34.7%), from €8,779 to €5,731
- Trade debts +€2,486
up €2,486 (+176%), from €1,409 to €3,895
- Gross operating margin -€21,285
down €21,285 (-85.8%), from €24,807 to €3,522
- Other operating charges -€4,137
down €4,137 (-58.8%), from €7,032 to €2,895
- Depreciation +€4,057
up €4,057 (+49.5%), from €8,192 to €12,249
- Taxes -€3,177
down €3,177 (-82.5%), from €3,852 to €675
- Financial charges +€2,210
up €2,210 (+89.1%), from €2,480 to €4,690
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 | €102,857 | €77,842 | -€25,015 | -24.3% |
| Fixed assets | 21/28 | €51,902 | €39,654 | -€12,249 | -23.6% |
| Tangible fixed assets | 22/27 | €51,902 | €39,654 | -€12,249 | -23.6% |
| Plant, machinery and equipment | 23 | €7,903 | €6,868 | -€1,035 | -13.1% |
| Furniture and vehicles | 24 | €43,999 | €32,785 | -€11,214 | -25.5% |
| Current assets | 29/58 | €50,954 | €38,188 | -€12,766 | -25.1% |
| Amounts receivable within one year | 40/41 | €27,512 | €20,585 | -€6,927 | -25.2% |
| Trade receivables | 40 | €27,378 | €18,761 | -€8,618 | -31.5% |
| Other amounts receivable | 41 | €134 | €1,825 | +€1,691 | +1,258% |
| Cash at bank and in hand | 54/58 | €3,059 | €2,035 | -€1,024 | -33.5% |
| Deferred charges and accrued income | 490/1 | €20,383 | €15,567 | -€4,816 | -23.6% |
| Total equity and liabilities | 10/49 | €102,857 | €77,842 | -€25,015 | -24.3% |
| Equity | 10/15 | €22,672 | €5,686 | -€16,986 | -74.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,630 | €16,630 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,770 | €14,770 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,558 | -€29,544 | -€16,986 | -135% |
| Amounts payable | 17/49 | €80,185 | €72,156 | -€8,029 | -10.0% |
| Amounts payable after more than one year | 17 | €32,506 | €24,451 | -€8,055 | -24.8% |
| Financial debts | 170/4 | €32,506 | €24,451 | -€8,055 | -24.8% |
| Amounts payable within one year | 42/48 | €47,325 | €47,705 | +€379 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €7,644 | €8,055 | +€410 | +5.4% |
| Trade debts | 44 | €1,409 | €3,895 | +€2,486 | +176% |
| Suppliers | 440/4 | €1,409 | €3,895 | +€2,486 | +176% |
| Taxes, remuneration and social security | 45 | €8,779 | €5,731 | -€3,048 | -34.7% |
| Taxes | 450/3 | €8,779 | €5,731 | -€3,048 | -34.7% |
| Other amounts payable | 47/48 | €29,493 | €30,023 | +€530 | +1.8% |
| Accrued charges and deferred income | 492/3 | €353 | - | -€353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,192 | €12,249 | +€4,057 | +49.5% |
| Other operating charges | 640/8 | €7,032 | €2,895 | -€4,137 | -58.8% |
| Gross operating margin | 9900 | €24,807 | €3,522 | -€21,285 | -85.8% |
| Operating profit (loss) | 9901 | €9,584 | -€11,622 | -€21,206 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,480 | €4,690 | +€2,210 | +89.1% |
| Recurring financial charges | 65 | €2,480 | €4,690 | +€2,210 | +89.1% |
| Profit (loss) for the period before taxes | 9903 | €7,104 | -€16,311 | -€23,415 | |
| Income taxes | 67/77 | €3,852 | €675 | -€3,177 | -82.5% |
| Profit (loss) for the period | 9904 | €3,252 | -€16,986 | -€20,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,252 | -€16,986 | -€20,238 |
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 17 October 2026 via checked.be.