FEMA-GROUP: 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.
FEMA-GROUP
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
No income-statement line moved by more than 1% of the activity.
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,386 | €3,386 | = | 0.0% |
| Current assets | 29/58 | €3,386 | €3,386 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,000 | €3,000 | = | 0.0% |
| Other amounts receivable | 41 | €3,000 | €3,000 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €386 | €386 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,386 | €3,386 | = | 0.0% |
| Equity | 10/15 | €3,308 | €3,308 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €308 | €308 | = | 0.0% |
| Non-distributable reserves | 130/1 | €178 | €178 | = | 0.0% |
| Legal reserve | 130 | €178 | €178 | = | 0.0% |
| Distributable reserves | 133 | €130 | €130 | = | 0.0% |
| Amounts payable | 17/49 | €77 | €77 | = | 0.0% |
| Amounts payable within one year | 42/48 | €77 | €77 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €77 | €77 | = | 0.0% |
| Taxes | 450/3 | €77 | €77 | = | 0.0% |
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 7 October 2026 via checked.be.