FEDIPLUS: 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.
FEDIPLUS
Largest movements
- Current investments -€92,076
down €92,076 (-6.7%), from €1.4m to €1.3m
- Cash -€68,567
down €68,567 (-58.0%), from €118,214 to €49,647
- Tangible fixed assets -€27,415
down €27,415 (-7.5%), from €365,664 to €338,249
of which Land and buildings: -€30,245
- Equity -€187,150
down €187,150 (-10.9%), from €1.7m to €1.5m
- Staff costs +€24,905
up €24,905 (+9.9%), from €252,088 to €276,993
- Gross operating margin +€14,856
up €14,856 (+7.9%), from €187,053 to €201,909
- Financial income -€6,463
down €6,463 (-35.5%), from €18,225 to €11,762
- Purchases and services +€5,606
up €5,606 (+9.5%), from €59,281 to €64,887
- Financial charges +€3,743
up €3,743 (+31.1%), from €12,017 to €15,760
of which Financial charges: +€3,677
From the 2022 result to the 2024 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
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 | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,908,560 | €1,708,613 | -€199,947 | -10.5% |
| Fixed assets | 21/28 | €365,664 | €338,249 | -€27,415 | -7.5% |
| Tangible fixed assets | 22/27 | €365,664 | €338,249 | -€27,415 | -7.5% |
| Land and buildings | 22 | €360,112 | €329,867 | -€30,245 | -8.4% |
| Furniture and vehicles | 24 | €3,979 | - | -€3,979 | |
| Other tangible fixed assets | 26 | €1,573 | €8,382 | +€6,809 | +432.9% |
| Current assets | 29/58 | €1,542,896 | €1,370,364 | -€172,532 | -11.2% |
| Amounts receivable within one year | 40/41 | €11,210 | €11,557 | +€347 | +3.1% |
| Trade receivables | 40 | €11,210 | €11,557 | +€347 | +3.1% |
| Current investments | 50/53 | €1,379,044 | €1,286,968 | -€92,076 | -6.7% |
| Cash at bank and in hand | 54/58 | €118,214 | €49,647 | -€68,567 | -58.0% |
| Deferred charges and accrued income | 490/1 | €34,428 | €22,192 | -€12,236 | -35.5% |
| Total equity and liabilities | 10/49 | €1,908,560 | €1,708,613 | -€199,947 | -10.5% |
| Equity | 10/15 | €1,718,750 | €1,531,600 | -€187,150 | -10.9% |
| Contributions | 10/11 | - | €1,634,619 | +€1.6m | |
| Capital | 10 | - | €1,634,619 | +€1.6m | |
| Profit (loss) carried forward | 14 | -€81,832 | -€103,019 | -€21,187 | -25.9% |
| Provisions and deferred taxes | 16 | €168,893 | €157,130 | -€11,763 | -7.0% |
| Provisions for liabilities and charges | 160/5 | €168,893 | €157,130 | -€11,763 | -7.0% |
| Pensions and similar obligations | 160 | €168,893 | - | -€168,893 | |
| Other liabilities and charges | 164/5 | - | €157,130 | +€157,130 | |
| Amounts payable | 17/49 | €20,917 | €19,883 | -€1,034 | -4.9% |
| Amounts payable within one year | 42/48 | €17,372 | €17,084 | -€288 | -1.7% |
| Trade debts | 44 | €17,372 | €17,084 | -€288 | -1.7% |
| Suppliers | 440/4 | €17,372 | €17,084 | -€288 | -1.7% |
| Accrued charges and deferred income | 492/3 | €3,545 | €2,799 | -€746 | -21.0% |
| Membership fees, donations, legacies and grants | 73 | €246,334 | €266,796 | +€20,462 | +8.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €59,281 | €64,887 | +€5,606 | +9.5% |
| Remuneration, social security and pensions | 62 | €252,088 | €276,993 | +€24,905 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,517 | €17,375 | -€2,142 | -11.0% |
| Other operating charges | 640/8 | €3,488 | €6,562 | +€3,074 | +88.1% |
| Gross operating margin | 9900 | €187,053 | €201,909 | +€14,856 | +7.9% |
| Operating profit (loss) | 9901 | -€88,040 | -€99,021 | -€10,981 | -12.5% |
| Financial income | 75/76B | €18,225 | €11,762 | -€6,463 | -35.5% |
| Recurring financial income | 75 | €18,225 | €11,762 | -€6,463 | -35.5% |
| Financial charges | 65/66B | €12,017 | €15,760 | +€3,743 | +31.1% |
| Recurring financial charges | 65 | €12,083 | €15,760 | +€3,677 | +30.4% |
| Non-recurring financial charges | 66B | -€66 | - | +€66 | |
| Profit (loss) for the period before taxes | 9903 | -€81,832 | -€103,019 | -€21,187 | -25.9% |
| Profit (loss) for the period | 9904 | -€81,832 | -€103,019 | -€21,187 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,832 | -€103,019 | -€21,187 | -25.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.