FEHICO: 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.
FEHICO
Largest movements
- Cash -€6,803
down €6,803 (-71.9%), from €9,459 to €2,656
mainly Tax, wage and social debts (-€5,200) and Net result for the year (-€2,871)
- Receivables within one year +€2,078
up €2,078 (+44.5%), from €4,669 to €6,747
of which Other amounts receivable: +€3,553
- Tangible fixed assets -€1,307
down €1,307 (-30.6%), from €4,274 to €2,967
- Deferred charges and accrued income +€699
up €699 (+69.0%), from €1,013 to €1,711
- Tax, wage and social debts -€5,200
down €5,200 (-37.7%), from €13,790 to €8,591
of which Taxes: -€3,475
- Profit (loss) carried forward -€2,871
down €2,871, from €2,040 to -€831
- Trade debts +€2,737
up €2,737 (+172.7%), from €1,585 to €4,322
- Gross operating margin -€10,297
down €10,297 (-87.9%), from €11,717 to €1,420
- Taxes -€2,886
down €2,886 (-91.7%), from €3,146 to €260
- Other operating charges -€1,121
down €1,121 (-46.9%), from €2,388 to €1,267
- Financial charges +€1,075
up €1,075 (+146.8%), from €733 to €1,808
- Depreciation +€599
up €599 (+84.6%), from €708 to €1,307
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 | €19,415 | €14,081 | -€5,334 | -27.5% |
| Fixed assets | 21/28 | €4,274 | €2,967 | -€1,307 | -30.6% |
| Tangible fixed assets | 22/27 | €4,274 | €2,967 | -€1,307 | -30.6% |
| Plant, machinery and equipment | 23 | €4,274 | €2,967 | -€1,307 | -30.6% |
| Current assets | 29/58 | €15,141 | €11,114 | -€4,027 | -26.6% |
| Amounts receivable within one year | 40/41 | €4,669 | €6,747 | +€2,078 | +44.5% |
| Trade receivables | 40 | €1,475 | - | -€1,475 | |
| Other amounts receivable | 41 | €3,194 | €6,747 | +€3,553 | +111.2% |
| Cash at bank and in hand | 54/58 | €9,459 | €2,656 | -€6,803 | -71.9% |
| Deferred charges and accrued income | 490/1 | €1,013 | €1,711 | +€699 | +69.0% |
| Total equity and liabilities | 10/49 | €19,415 | €14,081 | -€5,334 | -27.5% |
| Equity | 10/15 | €4,040 | €1,169 | -€2,871 | -71.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,040 | -€831 | -€2,871 | |
| Amounts payable | 17/49 | €15,375 | €12,912 | -€2,463 | -16.0% |
| Amounts payable within one year | 42/48 | €15,375 | €12,912 | -€2,463 | -16.0% |
| Trade debts | 44 | €1,585 | €4,322 | +€2,737 | +172.7% |
| Suppliers | 440/4 | €1,585 | €4,322 | +€2,737 | +172.7% |
| Taxes, remuneration and social security | 45 | €13,790 | €8,591 | -€5,200 | -37.7% |
| Taxes | 450/3 | €12,065 | €8,591 | -€3,475 | -28.8% |
| Remuneration and social security | 454/9 | €1,725 | - | -€1,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €708 | €1,307 | +€599 | +84.6% |
| Other operating charges | 640/8 | €2,388 | €1,267 | -€1,121 | -46.9% |
| Gross operating margin | 9900 | €11,717 | €1,420 | -€10,297 | -87.9% |
| Operating profit (loss) | 9901 | €8,622 | -€1,154 | -€9,775 | |
| Financial income | 75/76B | €170 | €351 | +€181 | +106.1% |
| Recurring financial income | 75 | €170 | €351 | +€181 | +106.1% |
| Financial charges | 65/66B | €733 | €1,808 | +€1,075 | +146.8% |
| Recurring financial charges | 65 | €733 | €1,808 | +€1,075 | +146.8% |
| Profit (loss) for the period before taxes | 9903 | €8,059 | -€2,611 | -€10,670 | |
| Income taxes | 67/77 | €3,146 | €260 | -€2,886 | -91.7% |
| Profit (loss) for the period | 9904 | €4,913 | -€2,871 | -€7,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,913 | -€2,871 | -€7,784 |
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 6 October 2026 via checked.be.