Fejo: 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.
Fejo
Largest movements
- Current investments -€100,000
down €100,000 (-98.4%), from €101,651 to €1,651
- Cash +€43,268
up €43,268 (+38.0%), from €113,800 to €157,068
mainly Current investments (+€100,000) and Net result for the year (+€29,177)
- Tangible fixed assets +€10,484
up €10,484 (+31.5%), from €33,302 to €43,786
of which Furniture and vehicles: +€10,015
- Other debts -€55,579
down €55,579 (-25.5%), from €218,125 to €162,545
- Trade debts +€8,374
up €8,374 (+1095.2%), from €765 to €9,139
- Gross operating margin -€28,047
down €28,047 (-33.8%), from €83,019 to €54,971
- Taxes -€5,783
down €5,783 (-34.6%), from €16,735 to €10,951
- Financial income +€972
up €972 (+124.7%), from €779 to €1,751
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 | €250,251 | €203,078 | -€47,173 | -18.9% |
| Fixed assets | 21/28 | €33,302 | €43,786 | +€10,484 | +31.5% |
| Tangible fixed assets | 22/27 | €33,302 | €43,786 | +€10,484 | +31.5% |
| Furniture and vehicles | 24 | €33,302 | €43,316 | +€10,015 | +30.1% |
| Other tangible fixed assets | 26 | - | €469 | +€469 | |
| Current assets | 29/58 | €216,949 | €159,293 | -€57,657 | -26.6% |
| Amounts receivable within one year | 40/41 | €1,499 | €574 | -€925 | -61.7% |
| Other amounts receivable | 41 | €1,499 | €574 | -€925 | -61.7% |
| Current investments | 50/53 | €101,651 | €1,651 | -€100,000 | -98.4% |
| Cash at bank and in hand | 54/58 | €113,800 | €157,068 | +€43,268 | +38.0% |
| Total equity and liabilities | 10/49 | €250,251 | €203,078 | -€47,173 | -18.9% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €231,651 | €184,478 | -€47,173 | -20.4% |
| Amounts payable within one year | 42/48 | €231,651 | €184,478 | -€47,173 | -20.4% |
| Trade debts | 44 | €765 | €9,139 | +€8,374 | +1095.2% |
| Suppliers | 440/4 | €765 | €9,139 | +€8,374 | +1095.2% |
| Taxes, remuneration and social security | 45 | €12,762 | €12,794 | +€32 | +0.3% |
| Taxes | 450/3 | €12,762 | €12,794 | +€32 | +0.3% |
| Other amounts payable | 47/48 | €218,125 | €162,545 | -€55,579 | -25.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,579 | €13,651 | +€73 | +0.5% |
| Other operating charges | 640/8 | €1,936 | €1,638 | -€297 | -15.4% |
| Non-recurring operating charges | 66A | €0 | €1,262 | +€1,262 | |
| Gross operating margin | 9900 | €83,019 | €54,971 | -€28,047 | -33.8% |
| Operating profit (loss) | 9901 | €67,505 | €38,420 | -€29,085 | -43.1% |
| Financial income | 75/76B | €779 | €1,751 | +€972 | +124.7% |
| Recurring financial income | 75 | €779 | €1,751 | +€972 | +124.7% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.6% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €68,245 | €40,128 | -€28,117 | -41.2% |
| Income taxes | 67/77 | €16,735 | €10,951 | -€5,783 | -34.6% |
| Profit (loss) for the period | 9904 | €51,511 | €29,177 | -€22,334 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,511 | €29,177 | -€22,334 | -43.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.