FEARIMMO: 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.
FEARIMMO
Largest movements
- Receivables within one year +€198,239
new in 2025: €198,239
- Tangible fixed assets -€177,958
down €177,958 (-3.0%), from €6.0m to €5.8m
of which Land and buildings: -€178,008
- Cash -€161,635
down €161,635 (-95.2%), from €169,822 to €8,187
mainly Receivables within one year (-€198,239) and Net result for the year (-€132,193)
- Profit (loss) carried forward -€132,193
down €132,193 (-37.1%), from -€356,653 to -€488,846
- Financial charges +€58,704
up €58,704 (+75.5%), from €77,722 to €136,427
- Gross operating margin -€15,053
down €15,053 (-6.1%), from €245,350 to €230,297
- Financial income +€5,273
new in 2025: €5,273
- Other operating charges -€3,489
down €3,489 (-6.3%), from €55,537 to €52,048
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 | €6,153,682 | €6,009,504 | -€144,178 | -2.3% |
| Fixed assets | 21/28 | €5,975,997 | €5,798,039 | -€177,958 | -3.0% |
| Tangible fixed assets | 22/27 | €5,975,997 | €5,798,039 | -€177,958 | -3.0% |
| Land and buildings | 22 | €5,972,318 | €5,794,309 | -€178,008 | -3.0% |
| Furniture and vehicles | 24 | €3,679 | €3,730 | +€51 | +1.4% |
| Current assets | 29/58 | €177,685 | €211,465 | +€33,779 | +19.0% |
| Amounts receivable within one year | 40/41 | - | €198,239 | +€198,239 | |
| Other amounts receivable | 41 | - | €198,239 | +€198,239 | |
| Cash at bank and in hand | 54/58 | €169,822 | €8,187 | -€161,635 | -95.2% |
| Deferred charges and accrued income | 490/1 | €7,863 | €5,038 | -€2,825 | -35.9% |
| Total equity and liabilities | 10/49 | €6,153,682 | €6,009,504 | -€144,178 | -2.3% |
| Equity | 10/15 | €2,608,347 | €2,476,154 | -€132,193 | -5.1% |
| Contributions | 10/11 | €2,965,000 | €2,965,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€356,653 | -€488,846 | -€132,193 | -37.1% |
| Amounts payable | 17/49 | €3,545,335 | €3,533,350 | -€11,985 | -0.3% |
| Amounts payable after more than one year | 17 | €3,500,260 | €3,500,260 | = | 0.0% |
| Financial debts | 170/4 | €3,500,000 | €3,500,000 | = | 0.0% |
| Other amounts payable | 178/9 | €260 | €260 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,559 | €33,023 | -€5,536 | -14.4% |
| Trade debts | 44 | €32,559 | €33,023 | +€464 | +1.4% |
| Suppliers | 440/4 | €32,559 | €33,023 | +€464 | +1.4% |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Accrued charges and deferred income | 492/3 | €6,517 | €67 | -€6,450 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,983 | €179,287 | +€1,304 | +0.7% |
| Other operating charges | 640/8 | €55,537 | €52,048 | -€3,489 | -6.3% |
| Gross operating margin | 9900 | €245,350 | €230,297 | -€15,053 | -6.1% |
| Operating profit (loss) | 9901 | €11,829 | -€1,039 | -€12,868 | |
| Financial income | 75/76B | - | €5,273 | +€5,273 | |
| Recurring financial income | 75 | - | €5,273 | +€5,273 | |
| Financial charges | 65/66B | €77,722 | €136,427 | +€58,704 | +75.5% |
| Recurring financial charges | 65 | €77,722 | €136,427 | +€58,704 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | -€65,893 | -€132,193 | -€66,300 | -100.6% |
| Profit (loss) for the period | 9904 | -€65,893 | -€132,193 | -€66,300 | -100.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,893 | -€132,193 | -€66,300 | -100.6% |
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 12 October 2026 via checked.be.