Fémalu: 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.
Fémalu
Largest movements
- Cash +€11,935
up €11,935 (+803%), from €1,486 to €13,421
mainly Receivables within one year (+€7,039) and Net result for the year (+€3,438)
- Receivables within one year -€7,039
down €7,039 (-78.0%), from €9,023 to €1,984
of which Trade receivables: -€7,275
- Tangible fixed assets -€348
down €348 (-30.5%), from €1,138 to €791
- Deferred charges and accrued income -€205
no longer reported in 2025 (was €205)
- Reserves +€3,438
up €3,438 (+72.8%), from €4,723 to €8,161
- Tax, wage and social debts +€1,835
up €1,835 (+128%), from €1,434 to €3,269
- Trade debts -€511
down €511 (-60.1%), from €850 to €339
- Other debts -€418
down €418 (-49.5%), from €845 to €427
- Gross operating margin +€2,712
up €2,712 (+43.2%), from €6,275 to €8,987
- Taxes +€1,835
up €1,835 (+128%), from €1,434 to €3,269
- Other operating charges +€998
new in 2025: €998
- Financial charges +€927
up €927 (+10,543%), from €9 to €935
- Depreciation +€278
up €278 (+401%), from €69 to €348
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 | €11,852 | €16,195 | +€4,344 | +36.6% |
| Fixed assets | 21/28 | €1,138 | €791 | -€348 | -30.5% |
| Tangible fixed assets | 22/27 | €1,138 | €791 | -€348 | -30.5% |
| Furniture and vehicles | 24 | €1,138 | €791 | -€348 | -30.5% |
| Current assets | 29/58 | €10,713 | €15,405 | +€4,691 | +43.8% |
| Amounts receivable within one year | 40/41 | €9,023 | €1,984 | -€7,039 | -78.0% |
| Trade receivables | 40 | €7,728 | €452 | -€7,275 | -94.1% |
| Other amounts receivable | 41 | €1,295 | €1,531 | +€236 | +18.2% |
| Cash at bank and in hand | 54/58 | €1,486 | €13,421 | +€11,935 | +803% |
| Deferred charges and accrued income | 490/1 | €205 | - | -€205 | |
| Total equity and liabilities | 10/49 | €11,852 | €16,195 | +€4,344 | +36.6% |
| Equity | 10/15 | €8,723 | €12,161 | +€3,438 | +39.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €4,723 | €8,161 | +€3,438 | +72.8% |
| Distributable reserves | 133 | €4,723 | €8,161 | +€3,438 | +72.8% |
| Amounts payable | 17/49 | €3,129 | €4,034 | +€906 | +29.0% |
| Amounts payable within one year | 42/48 | €3,129 | €4,034 | +€906 | +29.0% |
| Trade debts | 44 | €850 | €339 | -€511 | -60.1% |
| Suppliers | 440/4 | €850 | €339 | -€511 | -60.1% |
| Taxes, remuneration and social security | 45 | €1,434 | €3,269 | +€1,835 | +128% |
| Taxes | 450/3 | €1,434 | €3,269 | +€1,835 | +128% |
| Other amounts payable | 47/48 | €845 | €427 | -€418 | -49.5% |
| Remuneration, social security and pensions | 62 | €40 | - | -€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69 | €348 | +€278 | +401% |
| Other operating charges | 640/8 | - | €998 | +€998 | |
| Gross operating margin | 9900 | €6,275 | €8,987 | +€2,712 | +43.2% |
| Operating profit (loss) | 9901 | €6,166 | €7,641 | +€1,475 | +23.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €9 | €935 | +€927 | +10,543% |
| Recurring financial charges | 65 | €9 | €935 | +€927 | +10,543% |
| Profit (loss) for the period before taxes | 9903 | €6,157 | €6,706 | +€549 | +8.9% |
| Income taxes | 67/77 | €1,434 | €3,269 | +€1,835 | +128% |
| Profit (loss) for the period | 9904 | €4,723 | €3,438 | -€1,286 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,723 | €3,438 | -€1,286 | -27.2% |
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 19 October 2026 via checked.be.