FEBANI: 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.
FEBANI
Largest movements
- Cash +€133,369
up €133,369 (+31.8%), from €419,302 to €552,671
mainly Receivables within one year (+€108,754) and Current investments (+€86,506)
- Receivables within one year -€108,754
down €108,754 (-51.3%), from €211,950 to €103,196
of which Trade receivables: -€114,950
- Current investments -€86,506
down €86,506 (-6.5%), from €1.3m to €1.3m
- Tangible fixed assets -€72,395
down €72,395 (-3.9%), from €1.9m to €1.8m
- Accrued charges and deferred income -€125,367
down €125,367 (-48.6%), from €257,803 to €132,436
- Gross operating margin -€31,001
down €31,001 (-31.9%), from €97,088 to €66,087
- Taxes -€13,058
down €13,058 (-74.1%), from €17,629 to €4,571
- Financial income -€7,577
down €7,577 (-17.6%), from €42,986 to €35,409
- Other operating charges +€3,621
up €3,621 (+37.0%), from €9,779 to €13,400
- Financial charges -€1,689
down €1,689 (-51.2%), from €3,297 to €1,608
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 | €3,904,449 | €3,761,892 | -€142,557 | -3.7% |
| Fixed assets | 21/28 | €1,875,863 | €1,803,467 | -€72,395 | -3.9% |
| Tangible fixed assets | 22/27 | €1,875,863 | €1,803,467 | -€72,395 | -3.9% |
| Land and buildings | 22 | €1,875,863 | €1,803,467 | -€72,395 | -3.9% |
| Current assets | 29/58 | €2,028,587 | €1,958,425 | -€70,162 | -3.5% |
| Amounts receivable within one year | 40/41 | €211,950 | €103,196 | -€108,754 | -51.3% |
| Trade receivables | 40 | €211,950 | €97,000 | -€114,950 | -54.2% |
| Other amounts receivable | 41 | - | €6,196 | +€6,196 | |
| Current investments | 50/53 | €1,340,101 | €1,253,594 | -€86,506 | -6.5% |
| Cash at bank and in hand | 54/58 | €419,302 | €552,671 | +€133,369 | +31.8% |
| Deferred charges and accrued income | 490/1 | €57,234 | €48,963 | -€8,270 | -14.5% |
| Total equity and liabilities | 10/49 | €3,904,449 | €3,761,892 | -€142,557 | -3.7% |
| Equity | 10/15 | €3,217,684 | €3,227,206 | +€9,522 | +0.3% |
| Contributions | 10/11 | €2,875,000 | €2,875,000 | = | 0.0% |
| Reserves | 13 | €342,684 | €352,206 | +€9,522 | +2.8% |
| Non-distributable reserves | 130/1 | €225,700 | €225,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €225,700 | €225,700 | = | 0.0% |
| Distributable reserves | 133 | €116,984 | €126,506 | +€9,522 | +8.1% |
| Amounts payable | 17/49 | €686,765 | €534,686 | -€152,079 | -22.1% |
| Amounts payable after more than one year | 17 | €172,934 | €168,433 | -€4,501 | -2.6% |
| Financial debts | 170/4 | €4,501 | - | -€4,501 | |
| Other amounts payable | 178/9 | €168,433 | €168,433 | = | 0.0% |
| Amounts payable within one year | 42/48 | €256,029 | €233,817 | -€22,212 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €20,291 | €4,501 | -€15,790 | -77.8% |
| Trade debts | 44 | €21,785 | €27,033 | +€5,248 | +24.1% |
| Suppliers | 440/4 | €21,785 | €27,033 | +€5,248 | +24.1% |
| Taxes, remuneration and social security | 45 | €11,670 | - | -€11,670 | |
| Taxes | 450/3 | €11,670 | - | -€11,670 | |
| Other amounts payable | 47/48 | €202,283 | €202,283 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €257,803 | €132,436 | -€125,367 | -48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,362 | €72,395 | +€33 | 0.0% |
| Other operating charges | 640/8 | €9,779 | €13,400 | +€3,621 | +37.0% |
| Gross operating margin | 9900 | €97,088 | €66,087 | -€31,001 | -31.9% |
| Operating profit (loss) | 9901 | €14,947 | -€19,709 | -€34,656 | |
| Financial income | 75/76B | €42,986 | €35,409 | -€7,577 | -17.6% |
| Recurring financial income | 75 | €42,986 | €35,409 | -€7,577 | -17.6% |
| Financial charges | 65/66B | €3,297 | €1,608 | -€1,689 | -51.2% |
| Recurring financial charges | 65 | €3,297 | €1,608 | -€1,689 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €54,636 | €14,093 | -€40,543 | -74.2% |
| Income taxes | 67/77 | €17,629 | €4,571 | -€13,058 | -74.1% |
| Profit (loss) for the period | 9904 | €37,008 | €9,522 | -€27,486 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,008 | €9,522 | -€27,486 | -74.3% |
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 16 October 2026 via checked.be.