Fedia: 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.
Fedia
Largest movements
- Tangible fixed assets -€6,000
down €6,000 (-66.7%), from €9,000 to €3,000
- Profit (loss) carried forward -€8,100
down €8,100, from €262 to -€7,838
- Trade debts +€2,541
up €2,541 (+136%), from €1,867 to €4,408
- Tax, wage and social debts -€441
down €441 (-50.5%), from €873 to €432
- Gross operating margin -€7,133
no longer reported in 2025 (was €7,133)
- Depreciation -€3,000
down €3,000 (-50.0%), from €6,000 to €3,000
- Other operating charges -€789
no longer reported in 2025 (was €789)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,002 | €3,002 | -€6,000 | -66.7% |
| Fixed assets | 21/28 | €9,000 | €3,000 | -€6,000 | -66.7% |
| Tangible fixed assets | 22/27 | €9,000 | €3,000 | -€6,000 | -66.7% |
| Furniture and vehicles | 24 | €9,000 | €3,000 | -€6,000 | -66.7% |
| Current assets | 29/58 | €2 | €2 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2 | €2 | = | 0.0% |
| Total equity and liabilities | 10/49 | €9,002 | €3,002 | -€6,000 | -66.7% |
| Equity | 10/15 | €6,262 | -€1,838 | -€8,100 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Capital | 10 | €6,000 | €6,000 | = | 0.0% |
| Issued capital | 100 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €262 | -€7,838 | -€8,100 | |
| Amounts payable | 17/49 | €2,740 | €4,840 | +€2,100 | +76.6% |
| Amounts payable within one year | 42/48 | €2,740 | €4,840 | +€2,100 | +76.6% |
| Trade debts | 44 | €1,867 | €4,408 | +€2,541 | +136% |
| Suppliers | 440/4 | €1,867 | €4,408 | +€2,541 | +136% |
| Taxes, remuneration and social security | 45 | €873 | €432 | -€441 | -50.5% |
| Taxes | 450/3 | €873 | €432 | -€441 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,000 | €3,000 | -€3,000 | -50.0% |
| Other operating charges | 640/8 | €789 | - | -€789 | |
| Gross operating margin | 9900 | €7,133 | - | -€7,133 | |
| Operating profit (loss) | 9901 | €345 | -€3,000 | -€3,345 | |
| Financial charges | 65/66B | €11 | - | -€11 | |
| Recurring financial charges | 65 | €11 | - | -€11 | |
| Profit (loss) for the period before taxes | 9903 | €333 | -€3,000 | -€3,333 | |
| Income taxes | 67/77 | €71 | - | -€71 | |
| Profit (loss) for the period | 9904 | €262 | -€3,000 | -€3,262 | |
| Profit (loss) for the period to be appropriated | 9905 | €262 | -€3,000 | -€3,262 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.