FEKODRI: 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.
FEKODRI
Largest movements
- Tangible fixed assets -€5,052
down €5,052 (-4.6%), from €108,908 to €103,856
of which Land and buildings: -€3,953
- Receivables within one year -€1,807
down €1,807 (-38.1%), from €4,739 to €2,932
- Reserves -€10,189
down €10,189 (-14.9%), from €68,548 to €58,359
- Tax, wage and social debts +€4,372
up €4,372 (+88.6%), from €4,933 to €9,306
of which Taxes: +€4,344
- Trade debts -€1,421
down €1,421 (-17.3%), from €8,193 to €6,772
- Gross operating margin +€7,417
up €7,417 (+35.8%), from €20,737 to €28,154
- Taxes +€3,448
up €3,448 (+418%), from €824 to €4,273
- Depreciation -€1,403
down €1,403 (-21.7%), from €6,455 to €5,052
- Financial charges -€1,230
down €1,230 (-12.7%), from €9,725 to €8,494
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 | €128,711 | €120,633 | -€8,079 | -6.3% |
| Fixed assets | 21/28 | €108,979 | €103,927 | -€5,052 | -4.6% |
| Tangible fixed assets | 22/27 | €108,908 | €103,856 | -€5,052 | -4.6% |
| Land and buildings | 22 | €107,689 | €103,736 | -€3,953 | -3.7% |
| Plant, machinery and equipment | 23 | €1,071 | €120 | -€952 | -88.8% |
| Furniture and vehicles | 24 | €148 | - | -€148 | |
| Financial fixed assets | 28 | €71 | €71 | = | 0.0% |
| Current assets | 29/58 | €19,732 | €16,706 | -€3,026 | -15.3% |
| Amounts receivable within one year | 40/41 | €4,739 | €2,932 | -€1,807 | -38.1% |
| Other amounts receivable | 41 | €4,739 | €2,932 | -€1,807 | -38.1% |
| Cash at bank and in hand | 54/58 | €11,858 | €11,609 | -€249 | -2.1% |
| Deferred charges and accrued income | 490/1 | €3,134 | €2,164 | -€970 | -31.0% |
| Total equity and liabilities | 10/49 | €128,711 | €120,633 | -€8,079 | -6.3% |
| Equity | 10/15 | €74,748 | €64,559 | -€10,189 | -13.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,548 | €58,359 | -€10,189 | -14.9% |
| Distributable reserves | 133 | €68,548 | €58,359 | -€10,189 | -14.9% |
| Amounts payable | 17/49 | €53,963 | €56,074 | +€2,110 | +3.9% |
| Amounts payable within one year | 42/48 | €52,643 | €54,774 | +€2,130 | +4.0% |
| Trade debts | 44 | €8,193 | €6,772 | -€1,421 | -17.3% |
| Suppliers | 440/4 | €8,193 | €6,772 | -€1,421 | -17.3% |
| Taxes, remuneration and social security | 45 | €4,933 | €9,306 | +€4,372 | +88.6% |
| Taxes | 450/3 | €2,361 | €6,705 | +€4,344 | +184% |
| Remuneration and social security | 454/9 | €2,572 | €2,601 | +€29 | +1.1% |
| Other amounts payable | 47/48 | €39,517 | €38,695 | -€821 | -2.1% |
| Accrued charges and deferred income | 492/3 | €1,320 | €1,300 | -€20 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,455 | €5,052 | -€1,403 | -21.7% |
| Other operating charges | 640/8 | €2,118 | €1,862 | -€256 | -12.1% |
| Gross operating margin | 9900 | €20,737 | €28,154 | +€7,417 | +35.8% |
| Operating profit (loss) | 9901 | €12,163 | €21,240 | +€9,076 | +74.6% |
| Financial income | 75/76B | €32 | €66 | +€34 | +106% |
| Recurring financial income | 75 | €32 | €66 | +€34 | +106% |
| Financial charges | 65/66B | €9,725 | €8,494 | -€1,230 | -12.7% |
| Recurring financial charges | 65 | €9,725 | €8,494 | -€1,230 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €2,471 | €12,812 | +€10,341 | +419% |
| Income taxes | 67/77 | €824 | €4,273 | +€3,448 | +418% |
| Profit (loss) for the period | 9904 | €1,646 | €8,539 | +€6,892 | +419% |
| Profit (loss) for the period to be appropriated | 9905 | €1,646 | €8,539 | +€6,892 | +419% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.