Fedustria: 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.
What changed
Fedustria
NACE 94.120, Activities of professional membership organisations
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1.4m
2024 · €3.9m-€5.3m
Equity
€50.8m
2024 · €52.2m-€1.4m
Cash
€476,083
2024 · €16.2m-€15.7m
Balance sheet total
€52.7m
2024 · €53.9m-€1.2m
Largest movements
Assets
- Cash -€15.7m
down €15.7m (-97.1%), from €16.2m to €476,083
mainly Current investments (-€14.4m) and Net result for the year (-€1.4m)
- Current investments +€14.4m
up €14.4m (+48.4%), from €29.7m to €44.0m
Equity and liabilities
- Profit (loss) carried forward -€1.4m
down €1.4m (-36.7%), from €3.9m to €2.5m
Income statement
- Financial income -€4.2m
down €4.2m (-78.3%), from €5.4m to €1.2m
- Financial charges +€822,015
up €822,015, from -€480,729 to €341,286
- Staff costs +€650,584
up €650,584 (+20.3%), from €3.2m to €3.9m
- Goods and materials -€329,559
down €329,559 (-18.3%), from €1.8m to €1.5m
- Services and other goods -€227,496
down €227,496 (-8.0%), from €2.9m to €2.6m
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.
Result 2024
€3.9m
Turnover
-€226,540
Other operating income
-€43,982
Goods and materials
+€329,559
Services and other goods
+€227,496
Staff costs
-€650,584
Depreciation
-€42,771
Other operating charges
+€880
Other operating items
+€118,158
Financial income
-€4.2m
Financial charges
-€822,015
Result 2025
-€1.4m
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.
From operations
-€1.2m
Investment
-€14.6m
Financing
+€63,726
Cash 2024
€16.2m
From operations (derived)
-€1.2m
Net result for the year
-€1.4m
Depreciation
+€68,535
Smaller working-capital items
-€40,412
Trade debts
-€119,282
Tax, wage and social debts
+€202,648
Accrued charges and deferred income
+€96,040
Investment (derived)
-€14.6m
Investment in fixed assets (net)
-€208,460
Current investments
-€14.4m
Financing
+€63,726
Contributions, distributions and other
+€63,726
Cash 2025
€476,083
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,892,460 | €52,703,888 | -€1.2m | -2.2% |
| Fixed assets | 21/28 | €7,014,337 | €7,154,262 | +€139,925 | +2.0% |
| Tangible fixed assets | 22/27 | €263,006 | €402,930 | +€139,924 | +53.2% |
| Land and buildings | 22 | €220,717 | €209,432 | -€11,285 | -5.1% |
| Plant, machinery and equipment | 23 | €30,757 | €182,038 | +€151,281 | +491.9% |
| Furniture and vehicles | 24 | €11,532 | €11,460 | -€72 | -0.6% |
| Financial fixed assets | 28 | €6,751,331 | €6,751,332 | +€1 | 0.0% |
| Affiliated companies | 280/1 | €6,750,816 | €6,750,816 | +€0 | 0.0% |
| Participating interests | 280 | €6,750,816 | €6,750,816 | +€0 | 0.0% |
| Other financial fixed assets | 284/8 | €516 | €516 | +€0 | +0.1% |
| Amounts receivable and cash guarantees | 285/8 | €516 | €516 | +€0 | +0.1% |
| Current assets | 29/58 | €46,878,123 | €45,549,626 | -€1.3m | -2.8% |
| Amounts receivable within one year | 40/41 | €785,474 | €799,257 | +€13,783 | +1.8% |
| Trade receivables | 40 | €611,911 | €589,804 | -€22,107 | -3.6% |
| Other amounts receivable | 41 | €173,563 | €209,453 | +€35,890 | +20.7% |
| Current investments | 50/53 | €29,660,110 | €44,027,294 | +€14.4m | +48.4% |
| Cash at bank and in hand | 54/58 | €16,212,176 | €476,083 | -€15.7m | -97.1% |
| Deferred charges and accrued income | 490/1 | €220,363 | €246,992 | +€26,629 | +12.1% |
| Total equity and liabilities | 10/49 | €53,892,460 | €52,703,888 | -€1.2m | -2.2% |
| Equity | 10/15 | €52,151,499 | €50,783,521 | -€1.4m | -2.6% |
| Contributions | 10/11 | €39,603,464 | €39,667,190 | +€63,726 | +0.2% |
| Capital | 10 | €39,603,464 | €39,667,190 | +€63,726 | +0.2% |
| Reserves | 13 | €8,643,573 | €8,643,573 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €3,904,462 | €2,472,758 | -€1.4m | -36.7% |
| Provisions and deferred taxes | 16 | €57,043 | €57,043 | -€0 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €57,043 | €57,043 | -€0 | 0.0% |
| Major repairs and maintenance | 162 | €57,043 | €57,043 | -€0 | 0.0% |
| Amounts payable | 17/49 | €1,683,918 | €1,863,324 | +€179,406 | +10.7% |
| Amounts payable within one year | 42/48 | €1,064,802 | €1,148,167 | +€83,365 | +7.8% |
| Trade debts | 44 | €336,366 | €217,084 | -€119,282 | -35.5% |
| Suppliers | 440/4 | €336,366 | €217,084 | -€119,282 | -35.5% |
| Taxes, remuneration and social security | 45 | €728,435 | €931,083 | +€202,648 | +27.8% |
| Taxes | 450/3 | €373,769 | €438,470 | +€64,701 | +17.3% |
| Remuneration and social security | 454/9 | €354,667 | €492,613 | +€137,946 | +38.9% |
| Accrued charges and deferred income | 492/3 | €619,117 | €715,157 | +€96,040 | +15.5% |
| Operating income | 70/76A | €6,340,702 | €6,188,338 | -€152,364 | -2.4% |
| Turnover | 70 | €1,737,553 | €1,511,013 | -€226,540 | -13.0% |
| Other operating income | 74 | €141,610 | €97,628 | -€43,982 | -31.1% |
| Operating charges | 60/66A | €8,312,936 | €8,448,356 | +€135,420 | +1.6% |
| Goods for resale, raw materials and consumables | 60 | €1,803,931 | €1,474,372 | -€329,559 | -18.3% |
| Purchases | 600/8 | €1,803,931 | €1,474,372 | -€329,559 | -18.3% |
| Services and other goods | 61 | €2,852,841 | €2,625,345 | -€227,496 | -8.0% |
| Remuneration, social security and pensions | 62 | €3,212,657 | €3,863,241 | +€650,584 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,764 | €68,535 | +€42,771 | +166.0% |
| Other operating charges | 640/8 | €417,743 | €416,863 | -€880 | -0.2% |
| Operating profit (loss) | 9901 | -€1,972,234 | -€2,260,018 | -€287,784 | -14.6% |
| Financial income | 75/76B | €5,395,967 | €1,169,600 | -€4.2m | -78.3% |
| Recurring financial income | 75 | €5,395,967 | €1,169,600 | -€4.2m | -78.3% |
| Income from financial fixed assets | 750 | €5,395,967 | €1,169,600 | -€4.2m | -78.3% |
| Financial charges | 65/66B | -€480,729 | €341,286 | +€822,015 | |
| Recurring financial charges | 65 | -€480,729 | €341,286 | +€822,015 | |
| Debt charges | 650 | €118,722 | €97,038 | -€21,684 | -18.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€599,450 | €244,248 | +€843,698 | |
| Profit (loss) for the period before taxes | 9903 | €3,904,462 | -€1,431,704 | -€5.3m | |
| Profit (loss) for the period | 9904 | €3,904,462 | -€1,431,704 | -€5.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €3,904,462 | -€1,431,704 | -€5.3m |
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 4 October 2026 via checked.be.