FEBI BENELUX: 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.
FEBI BENELUX
Largest movements
- Cash -€1.0m
down €1.0m (-62.6%), from €1.6m to €610,817
mainly Contributions, distributions and other (-€1.7m) and Investment in fixed assets (net) (-€18,979)
- Tangible fixed assets -€54,305
down €54,305 (-26.2%), from €207,488 to €153,183
of which Furniture and vehicles: -€51,980
- Reserves -€1.5m
down €1.5m (-91.4%), from €1.7m to €145,942
of which Distributable reserves: -€1.5m
- Trade debts +€448,655
up €448,655 (+41.4%), from €1.1m to €1.5m
- Gross operating margin -€603,297
down €603,297 (-28.5%), from €2.1m to €1.5m
- Taxes -€163,098
down €163,098 (-70.9%), from €229,946 to €66,848
- Staff costs +€54,230
up €54,230 (+4.6%), from €1.2m to €1.2m
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 | €3,017,642 | €1,953,889 | -€1.1m | -35.3% |
| Fixed assets | 21/28 | €227,188 | €184,443 | -€42,745 | -18.8% |
| Tangible fixed assets | 22/27 | €207,488 | €153,183 | -€54,305 | -26.2% |
| Plant, machinery and equipment | 23 | €11,447 | €11,544 | +€97 | +0.8% |
| Furniture and vehicles | 24 | €179,658 | €127,677 | -€51,980 | -28.9% |
| Other tangible fixed assets | 26 | €16,383 | €13,961 | -€2,422 | -14.8% |
| Financial fixed assets | 28 | €19,700 | €31,260 | +€11,560 | +58.7% |
| Current assets | 29/58 | €2,790,454 | €1,769,447 | -€1.0m | -36.6% |
| Amounts receivable within one year | 40/41 | €1,110,828 | €1,099,729 | -€11,099 | -1.0% |
| Trade receivables | 40 | €911,779 | €747,780 | -€163,998 | -18.0% |
| Other amounts receivable | 41 | €199,049 | €351,949 | +€152,899 | +76.8% |
| Cash at bank and in hand | 54/58 | €1,632,792 | €610,817 | -€1.0m | -62.6% |
| Deferred charges and accrued income | 490/1 | €46,834 | €58,901 | +€12,067 | +25.8% |
| Total equity and liabilities | 10/49 | €3,017,642 | €1,953,889 | -€1.1m | -35.3% |
| Equity | 10/15 | €1,750,500 | €207,942 | -€1.5m | -88.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,688,500 | €145,942 | -€1.5m | -91.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,682,300 | €139,742 | -€1.5m | -91.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,267,142 | €1,745,947 | +€478,806 | +37.8% |
| Amounts payable within one year | 42/48 | €1,261,432 | €1,739,211 | +€477,780 | +37.9% |
| Trade debts | 44 | €1,084,921 | €1,533,577 | +€448,655 | +41.4% |
| Suppliers | 440/4 | €1,084,921 | €1,533,577 | +€448,655 | +41.4% |
| Taxes, remuneration and social security | 45 | €176,510 | €205,635 | +€29,124 | +16.5% |
| Taxes | 450/3 | €401 | €8,774 | +€8,374 | +2,090% |
| Remuneration and social security | 454/9 | €176,110 | €196,860 | +€20,751 | +11.8% |
| Accrued charges and deferred income | 492/3 | €5,710 | €6,736 | +€1,026 | +18.0% |
| Non-recurring operating income | 76A | €3,306 | €0 | -€3,306 | -100% |
| Remuneration, social security and pensions | 62 | €1,180,785 | €1,235,015 | +€54,230 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,750 | €61,723 | -€2,027 | -3.2% |
| Other operating charges | 640/8 | €7,884 | €12,964 | +€5,080 | +64.4% |
| Gross operating margin | 9900 | €2,117,096 | €1,513,798 | -€603,297 | -28.5% |
| Operating profit (loss) | 9901 | €864,676 | €204,096 | -€660,580 | -76.4% |
| Financial income | 75/76B | €6,611 | €6,897 | +€286 | +4.3% |
| Recurring financial income | 75 | €6,611 | €6,897 | +€286 | +4.3% |
| Financial charges | 65/66B | €4,269 | €4,402 | +€133 | +3.1% |
| Recurring financial charges | 65 | €4,269 | €4,402 | +€133 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €867,018 | €206,591 | -€660,427 | -76.2% |
| Income taxes | 67/77 | €229,946 | €66,848 | -€163,098 | -70.9% |
| Profit (loss) for the period | 9904 | €637,072 | €139,742 | -€497,330 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €637,072 | €139,742 | -€497,330 | -78.1% |
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 30 October 2026 via checked.be.