Femantra: what changed
Femantra
Largest movements
- Receivables after one year -€200,000
down €200,000 (-100%), from €200,000 to €0
- Receivables within one year -€123,223
down €123,223 (-34.4%), from €357,800 to €234,577
of which Trade receivables: -€181,500
- Cash +€117,824
up €117,824 (+51.1%), from €230,398 to €348,222
mainly Receivables after one year (+€200,000) and Receivables within one year (+€123,223)
- Tangible fixed assets -€14,671
down €14,671 (-57.6%), from €25,490 to €10,819
of which Furniture and vehicles: -€8,082
- Debts after one year -€311,046
down €311,046 (-67.7%), from €459,443 to €148,397
- Reserves +€68,868
up €68,868 (+10.3%), from €670,350 to €739,218
- Tax, wage and social debts +€21,377
up €21,377 (+93.5%), from €22,854 to €44,231
- Financial income -€7,515
down €7,515 (-56.8%), from €13,232 to €5,717
- Gross operating margin +€5,060
up €5,060 (+4.4%), from €114,933 to €119,994
- Taxes -€1,693
down €1,693 (-4.6%), from €36,489 to €34,796
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,397,783 | €1,177,741 | -€220,041 | -15.7% |
| Fixed assets | 21/28 | €607,714 | €593,043 | -€14,671 | -2.4% |
| Tangible fixed assets | 22/27 | €25,490 | €10,819 | -€14,671 | -57.6% |
| Land and buildings | 22 | €12,605 | €6,689 | -€5,916 | -46.9% |
| Plant, machinery and equipment | 23 | €1,206 | €532 | -€674 | -55.9% |
| Furniture and vehicles | 24 | €11,679 | €3,598 | -€8,082 | -69.2% |
| Financial fixed assets | 28 | €582,224 | €582,224 | = | 0.0% |
| Current assets | 29/58 | €790,068 | €584,698 | -€205,370 | -26.0% |
| Amounts receivable after more than one year | 29 | €200,000 | €0 | -€200,000 | -100% |
| Other amounts receivable | 291 | €200,000 | €0 | -€200,000 | -100% |
| Amounts receivable within one year | 40/41 | €357,800 | €234,577 | -€123,223 | -34.4% |
| Trade receivables | 40 | €217,800 | €36,300 | -€181,500 | -83.3% |
| Other amounts receivable | 41 | €140,000 | €198,277 | +€58,277 | +41.6% |
| Cash at bank and in hand | 54/58 | €230,398 | €348,222 | +€117,824 | +51.1% |
| Deferred charges and accrued income | 490/1 | €1,870 | €1,899 | +€29 | +1.6% |
| Total equity and liabilities | 10/49 | €1,397,783 | €1,177,741 | -€220,041 | -15.7% |
| Equity | 10/15 | €875,197 | €944,065 | +€68,868 | +7.9% |
| Contributions | 10/11 | €204,847 | €204,847 | = | 0.0% |
| Reserves | 13 | €670,350 | €739,218 | +€68,868 | +10.3% |
| Distributable reserves | 133 | €670,350 | €739,218 | +€68,868 | +10.3% |
| Amounts payable | 17/49 | €522,585 | €233,676 | -€288,910 | -55.3% |
| Amounts payable after more than one year | 17 | €459,443 | €148,397 | -€311,046 | -67.7% |
| Financial debts | 170/4 | €459,443 | €148,397 | -€311,046 | -67.7% |
| Amounts payable within one year | 42/48 | €63,142 | €85,279 | +€22,136 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €38,227 | €36,046 | -€2,182 | -5.7% |
| Trade debts | 44 | €1,909 | €5,002 | +€3,093 | +162% |
| Suppliers | 440/4 | €1,909 | €5,002 | +€3,093 | +162% |
| Taxes, remuneration and social security | 45 | €22,854 | €44,231 | +€21,377 | +93.5% |
| Taxes | 450/3 | €22,854 | €44,231 | +€21,377 | +93.5% |
| Other amounts payable | 47/48 | €152 | €0 | -€152 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,646 | €14,671 | +€26 | +0.2% |
| Other operating charges | 640/8 | €1,847 | €1,595 | -€253 | -13.7% |
| Gross operating margin | 9900 | €114,933 | €119,994 | +€5,060 | +4.4% |
| Operating profit (loss) | 9901 | €98,440 | €103,727 | +€5,287 | +5.4% |
| Financial income | 75/76B | €13,232 | €5,717 | -€7,515 | -56.8% |
| Recurring financial income | 75 | €13,232 | €5,717 | -€7,515 | -56.8% |
| Financial charges | 65/66B | €6,624 | €5,780 | -€844 | -12.7% |
| Recurring financial charges | 65 | €6,624 | €5,780 | -€844 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €105,048 | €103,664 | -€1,384 | -1.3% |
| Income taxes | 67/77 | €36,489 | €34,796 | -€1,693 | -4.6% |
| Profit (loss) for the period | 9904 | €68,559 | €68,868 | +€309 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,559 | €68,868 | +€309 | +0.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.