FEEMAT: 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.
FEEMAT
Largest movements
- Financial fixed assets -€157,200
down €157,200 (-46.4%), from €338,600 to €181,400
- Other debts -€78,557
down €78,557 (-94.9%), from €82,754 to €4,197
- Reserves -€48,049
down €48,049 (-20.4%), from €235,422 to €187,373
of which Distributable reserves: -€48,049
- Contributions -€18,600
down €18,600 (-100%), from €18,600 to €0
- Current portion of long-term debt -€8,940
down €8,940 (-100%), from €8,940 to €0
- Tax, wage and social debts -€4,209
down €4,209 (-85.8%), from €4,907 to €698
- Financial charges +€28,288
up €28,288 (+1,691%), from €1,673 to €29,961
- Financial income -€20,100
down €20,100 (-37.2%), from €54,100 to €34,000
- Taxes -€3,682
down €3,682 (-75.0%), from €4,907 to €1,225
- Gross operating margin +€1,303
up €1,303 (+63.5%), from €2,054 to €3,357
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.
Derived cash bridge
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 | €351,001 | €192,672 | -€158,328 | -45.1% |
| Fixed assets | 21/28 | €338,600 | €181,400 | -€157,200 | -46.4% |
| Financial fixed assets | 28 | €338,600 | €181,400 | -€157,200 | -46.4% |
| Current assets | 29/58 | €12,401 | €11,272 | -€1,128 | -9.1% |
| Amounts receivable within one year | 40/41 | €10,043 | €10,484 | +€441 | +4.4% |
| Trade receivables | 40 | - | €484 | +€484 | |
| Other amounts receivable | 41 | €10,043 | €10,000 | -€43 | -0.4% |
| Cash at bank and in hand | 54/58 | €2,357 | €788 | -€1,569 | -66.6% |
| Total equity and liabilities | 10/49 | €351,001 | €192,672 | -€158,328 | -45.1% |
| Equity | 10/15 | €254,022 | €187,373 | -€66,649 | -26.2% |
| Contributions | 10/11 | €18,600 | €0 | -€18,600 | -100% |
| Reserves | 13 | €235,422 | €187,373 | -€48,049 | -20.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €235,422 | €187,373 | -€48,049 | -20.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €96,978 | €5,299 | -€91,679 | -94.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €96,722 | €5,035 | -€91,686 | -94.8% |
| Current portion of amounts payable after more than one year | 42 | €8,940 | €0 | -€8,940 | -100% |
| Trade debts | 44 | €121 | €140 | +€19 | +16.0% |
| Suppliers | 440/4 | €121 | €140 | +€19 | +16.0% |
| Taxes, remuneration and social security | 45 | €4,907 | €698 | -€4,209 | -85.8% |
| Taxes | 450/3 | €4,907 | €698 | -€4,209 | -85.8% |
| Other amounts payable | 47/48 | €82,754 | €4,197 | -€78,557 | -94.9% |
| Accrued charges and deferred income | 492/3 | €257 | €264 | +€7 | +2.8% |
| Other operating charges | 640/8 | €506 | €521 | +€14 | +2.8% |
| Gross operating margin | 9900 | €2,054 | €3,357 | +€1,303 | +63.5% |
| Operating profit (loss) | 9901 | €1,547 | €2,836 | +€1,289 | +83.3% |
| Financial income | 75/76B | €54,100 | €34,000 | -€20,100 | -37.2% |
| Recurring financial income | 75 | €54,100 | €34,000 | -€20,100 | -37.2% |
| Financial charges | 65/66B | €1,673 | €29,961 | +€28,288 | +1,691% |
| Recurring financial charges | 65 | €1,673 | €29,961 | +€28,288 | +1,691% |
| Profit (loss) for the period before taxes | 9903 | €53,974 | €6,876 | -€47,099 | -87.3% |
| Income taxes | 67/77 | €4,907 | €1,225 | -€3,682 | -75.0% |
| Profit (loss) for the period | 9904 | €49,068 | €5,651 | -€43,417 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,068 | €5,651 | -€43,417 | -88.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.