FEBJ: 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.
FEBJ
Largest movements
- Financial fixed assets +€40,745
up €40,745 (+22.7%), from €179,133 to €219,878
- Cash +€3,327
up €3,327 (+92.7%), from €3,588 to €6,915
mainly Accrued charges and deferred income (+€46,064) and Contributions, distributions and other (+€40,745)
- Other debts -€56,064
no longer reported in 2025 (was €56,064)
- Accrued charges and deferred income +€46,064
new in 2025: €46,064
- Revaluation surpluses +€40,745
new in 2025: €40,745
- Reserves +€15,000
up €15,000 (+16.3%), from €91,860 to €106,860
of which Distributable reserves: +€15,000
- Profit (loss) carried forward -€2,466
down €2,466 (-73.9%), from €3,337 to €871
- Gross operating margin -€1,315
down €1,315 (-6.9%), from €18,997 to €17,682
- Turnover -€1,240
down €1,240 (-6.5%), from €19,200 to €17,960
- Taxes -€710
down €710 (-13.5%), from €5,239 to €4,529
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 | €182,721 | €226,793 | +€44,072 | +24.1% |
| Fixed assets | 21/28 | €179,133 | €219,878 | +€40,745 | +22.7% |
| Financial fixed assets | 28 | €179,133 | €219,878 | +€40,745 | +22.7% |
| Current assets | 29/58 | €3,588 | €6,915 | +€3,327 | +92.7% |
| Cash at bank and in hand | 54/58 | €3,588 | €6,915 | +€3,327 | +92.7% |
| Total equity and liabilities | 10/49 | €182,721 | €226,793 | +€44,072 | +24.1% |
| Equity | 10/15 | €113,797 | €167,076 | +€53,279 | +46.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €40,745 | +€40,745 | |
| Reserves | 13 | €91,860 | €106,860 | +€15,000 | +16.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €105,000 | +€15,000 | +16.7% |
| Profit (loss) carried forward | 14 | €3,337 | €871 | -€2,466 | -73.9% |
| Amounts payable | 17/49 | €68,924 | €59,717 | -€9,207 | -13.4% |
| Amounts payable within one year | 42/48 | €68,924 | €13,653 | -€55,271 | -80.2% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €12,860 | €13,253 | +€393 | +3.1% |
| Taxes | 450/3 | €12,860 | €13,253 | +€393 | +3.1% |
| Other amounts payable | 47/48 | €56,064 | - | -€56,064 | |
| Accrued charges and deferred income | 492/3 | - | €46,064 | +€46,064 | |
| Turnover | 70 | €19,200 | €17,960 | -€1,240 | -6.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €203 | €278 | +€75 | +36.7% |
| Other operating charges | 640/8 | €387 | €465 | +€78 | +20.2% |
| Gross operating margin | 9900 | €18,997 | €17,682 | -€1,315 | -6.9% |
| Operating profit (loss) | 9901 | €18,609 | €17,217 | -€1,393 | -7.5% |
| Financial charges | 65/66B | €153 | €153 | = | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €18,456 | €17,063 | -€1,393 | -7.5% |
| Income taxes | 67/77 | €5,239 | €4,529 | -€710 | -13.5% |
| Profit (loss) for the period | 9904 | €13,217 | €12,534 | -€683 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,217 | €12,534 | -€683 | -5.2% |
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 7 October 2026 via checked.be.