FEMA Leisure: 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.
FEMA Leisure
Largest movements
- Receivables within one year -€7,377
down €7,377 (-52.3%), from €14,111 to €6,734
of which Trade receivables: -€8,954
- Stocks and contracts -€2,277
down €2,277 (-41.8%), from €5,445 to €3,169
- Tangible fixed assets -€600
down €600 (-24.0%), from €2,500 to €1,900
- Cash -€593
down €593 (-36.0%), from €1,650 to €1,057
mainly Net result for the year (-€23,415) and Tax, wage and social debts (-€305)
- Profit (loss) carried forward -€23,415
down €23,415 (-57.7%), from -€40,571 to -€63,986
- Other debts +€11,493
up €11,493 (+23.8%), from €48,351 to €59,844
- Trade debts +€1,486
up €1,486 (+56.4%), from €2,634 to €4,119
- Tax, wage and social debts -€305
down €305 (-51.0%), from €597 to €293
- Advances received -€249
down €249 (-5.3%), from €4,696 to €4,447
- Gross operating margin +€18,335
up €18,335 (+45.3%), from -€40,454 to -€22,118
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 | €23,707 | €12,859 | -€10,848 | -45.8% |
| Fixed assets | 21/28 | €2,500 | €1,900 | -€600 | -24.0% |
| Tangible fixed assets | 22/27 | €2,500 | €1,900 | -€600 | -24.0% |
| Plant, machinery and equipment | 23 | €2,500 | €1,900 | -€600 | -24.0% |
| Current assets | 29/58 | €21,207 | €10,959 | -€10,248 | -48.3% |
| Stocks and contracts in progress | 3 | €5,445 | €3,169 | -€2,277 | -41.8% |
| Stocks | 30/36 | €5,445 | €3,169 | -€2,277 | -41.8% |
| Amounts receivable within one year | 40/41 | €14,111 | €6,734 | -€7,377 | -52.3% |
| Trade receivables | 40 | €14,001 | €5,047 | -€8,954 | -64.0% |
| Other amounts receivable | 41 | €111 | €1,687 | +€1,576 | +1,426% |
| Cash at bank and in hand | 54/58 | €1,650 | €1,057 | -€593 | -36.0% |
| Total equity and liabilities | 10/49 | €23,707 | €12,859 | -€10,848 | -45.8% |
| Equity | 10/15 | -€32,571 | -€55,986 | -€23,415 | -71.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,571 | -€63,986 | -€23,415 | -57.7% |
| Amounts payable | 17/49 | €56,278 | €68,845 | +€12,568 | +22.3% |
| Amounts payable within one year | 42/48 | €56,278 | €68,703 | +€12,426 | +22.1% |
| Trade debts | 44 | €2,634 | €4,119 | +€1,486 | +56.4% |
| Suppliers | 440/4 | €2,634 | €4,119 | +€1,486 | +56.4% |
| Advances received on contracts in progress | 46 | €4,696 | €4,447 | -€249 | -5.3% |
| Taxes, remuneration and social security | 45 | €597 | €293 | -€305 | -51.0% |
| Taxes | 450/3 | €597 | €293 | -€305 | -51.0% |
| Other amounts payable | 47/48 | €48,351 | €59,844 | +€11,493 | +23.8% |
| Accrued charges and deferred income | 492/3 | - | €142 | +€142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €600 | +€100 | +20.0% |
| Other operating charges | 640/8 | €462 | €529 | +€67 | +14.5% |
| Gross operating margin | 9900 | -€40,454 | -€22,118 | +€18,335 | +45.3% |
| Operating profit (loss) | 9901 | -€41,415 | -€23,247 | +€18,168 | +43.9% |
| Financial income | 75/76B | €127 | €20 | -€107 | -84.2% |
| Recurring financial income | 75 | €127 | €20 | -€107 | -84.2% |
| Financial charges | 65/66B | €129 | €188 | +€59 | +45.7% |
| Recurring financial charges | 65 | €129 | €188 | +€59 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | -€41,417 | -€23,415 | +€18,002 | +43.5% |
| Profit (loss) for the period | 9904 | -€41,417 | -€23,415 | +€18,002 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,417 | -€23,415 | +€18,002 | +43.5% |
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 1 November 2026 via checked.be.