FEDA BV: 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.
FEDA BV
Largest movements
- Cash +€28,296
up €28,296 (+97.8%), from €28,933 to €57,229
mainly Net result for the year (+€36,793) and Receivables within one year (+€5,621)
- Receivables within one year -€5,621
down €5,621 (-15.5%), from €36,195 to €30,574
- Reserves +€36,793
up €36,793 (+179.5%), from €20,502 to €57,295
- Other debts -€9,509
down €9,509 (-23.6%), from €40,349 to €30,839
- Trade debts -€4,919
down €4,919 (-48.7%), from €10,100 to €5,181
- Tax, wage and social debts +€1,601
up €1,601 (+243.9%), from €656 to €2,257
of which Taxes: +€1,568
- Gross operating margin -€9,047
down €9,047 (-15.2%), from €59,330 to €50,283
- Taxes -€1,932
down €1,932 (-14.1%), from €13,656 to €11,724
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 | €75,607 | €99,572 | +€23,966 | +31.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €75,607 | €99,572 | +€23,966 | +31.7% |
| Amounts receivable within one year | 40/41 | €36,195 | €30,574 | -€5,621 | -15.5% |
| Trade receivables | 40 | €36,195 | €30,574 | -€5,621 | -15.5% |
| Current investments | 50/53 | €8,283 | €8,709 | +€427 | +5.2% |
| Cash at bank and in hand | 54/58 | €28,933 | €57,229 | +€28,296 | +97.8% |
| Deferred charges and accrued income | 490/1 | €2,196 | €3,059 | +€864 | +39.3% |
| Total equity and liabilities | 10/49 | €75,607 | €99,572 | +€23,966 | +31.7% |
| Equity | 10/15 | €24,502 | €61,295 | +€36,793 | +150.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €20,502 | €57,295 | +€36,793 | +179.5% |
| Distributable reserves | 133 | €20,502 | €57,295 | +€36,793 | +179.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,105 | €38,278 | -€12,827 | -25.1% |
| Amounts payable within one year | 42/48 | €51,105 | €38,278 | -€12,827 | -25.1% |
| Trade debts | 44 | €10,100 | €5,181 | -€4,919 | -48.7% |
| Suppliers | 440/4 | €10,100 | €5,181 | -€4,919 | -48.7% |
| Taxes, remuneration and social security | 45 | €656 | €2,257 | +€1,601 | +243.9% |
| Taxes | 450/3 | €656 | €2,224 | +€1,568 | +238.9% |
| Remuneration and social security | 454/9 | €0 | €33 | +€33 | |
| Other amounts payable | 47/48 | €40,349 | €30,839 | -€9,509 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174 | €0 | -€174 | -100.0% |
| Other operating charges | 640/8 | €1,063 | €1,504 | +€441 | +41.5% |
| Gross operating margin | 9900 | €59,330 | €50,283 | -€9,047 | -15.2% |
| Operating profit (loss) | 9901 | €58,092 | €48,779 | -€9,313 | -16.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1800.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1800.0% |
| Financial charges | 65/66B | €577 | €262 | -€314 | -54.5% |
| Recurring financial charges | 65 | €577 | €262 | -€314 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | €57,516 | €48,517 | -€8,998 | -15.6% |
| Income taxes | 67/77 | €13,656 | €11,724 | -€1,932 | -14.1% |
| Profit (loss) for the period | 9904 | €43,859 | €36,793 | -€7,066 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,859 | €36,793 | -€7,066 | -16.1% |
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 12 October 2026 via checked.be.