FEMAT LOCATION: what changed
What changed
FEMAT LOCATION
NACE 77.223, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€172,029
2024 · €200,132-€28,103
Equity
€1.2m
2024 · €1.0m+€172,029
Cash
€142,788
2024 · €78,454+€64,335
Balance sheet total
€1.8m
2024 · €1.9m-€73,284
Largest movements
Assets
- Tangible fixed assets -€109,426
down €109,426 (-7.2%), from €1.5m to €1.4m
- Cash +€64,335
up €64,335 (+82.0%), from €78,454 to €142,788
mainly Net result for the year (+€172,029) and Depreciation (+€151,941)
- Receivables within one year -€21,429
down €21,429 (-7.6%), from €281,778 to €260,350
of which Trade receivables: -€15,887
Equity and liabilities
- Reserves +€172,029
up €172,029 (+19.9%), from €864,215 to €1.0m
of which Distributable reserves: +€184,083
- Current portion of long-term debt -€85,582
down €85,582 (-52.8%), from €162,200 to €76,618
- Debts after one year -€81,362
down €81,362 (-26.1%), from €311,786 to €230,424
- Other debts -€74,744
down €74,744 (-41.3%), from €180,966 to €106,223
Income statement
- Staff costs +€56,882
up €56,882 (+15.6%), from €364,091 to €420,973
- Depreciation -€34,430
down €34,430 (-18.5%), from €186,372 to €151,941
- Financial charges -€12,017
down €12,017 (-33.8%), from €35,504 to €23,487
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.
Result 2024
€200,132
Gross operating margin
+€5,431
Staff costs
-€56,882
Depreciation
+€34,430
Other operating charges
-€7,294
Financial income
-€6,181
Financial charges
+€12,017
Taxes
-€2,419
Deferred taxes and other
-€7,205
Result 2025
€172,029
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€267,030
Investment
-€35,751
Financing
-€166,944
Cash 2024
€78,454
From operations (derived)
+€267,030
Net result for the year
+€172,029
Depreciation
+€151,941
Receivables within one year
+€21,429
Provisions
-€5,063
Trade debts
+€6,734
Tax, wage and social debts
-€5,297
Other debts
-€74,744
Investment (derived)
-€35,751
Investment in fixed assets (net)
-€35,751
Financing
-€166,944
Debts after one year
-€81,362
Current portion of long-term debt
-€85,582
Cash 2025
€142,788
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,877,510 | €1,804,226 | -€73,284 | -3.9% |
| Fixed assets | 21/28 | €1,517,278 | €1,401,088 | -€116,190 | -7.7% |
| Tangible fixed assets | 22/27 | €1,510,333 | €1,400,908 | -€109,426 | -7.2% |
| Land and buildings | 22 | €1,049,913 | €1,012,342 | -€37,571 | -3.6% |
| Plant, machinery and equipment | 23 | €93,440 | €77,757 | -€15,683 | -16.8% |
| Furniture and vehicles | 24 | €184,024 | €167,162 | -€16,862 | -9.2% |
| Leasing and similar rights | 25 | €182,957 | €143,647 | -€39,309 | -21.5% |
| Financial fixed assets | 28 | €6,944 | €180 | -€6,764 | -97.4% |
| Current assets | 29/58 | €360,232 | €403,138 | +€42,906 | +11.9% |
| Amounts receivable within one year | 40/41 | €281,778 | €260,350 | -€21,429 | -7.6% |
| Trade receivables | 40 | €261,380 | €245,493 | -€15,887 | -6.1% |
| Other amounts receivable | 41 | €20,398 | €14,857 | -€5,542 | -27.2% |
| Cash at bank and in hand | 54/58 | €78,454 | €142,788 | +€64,335 | +82.0% |
| Total equity and liabilities | 10/49 | €1,877,510 | €1,804,226 | -€73,284 | -3.9% |
| Equity | 10/15 | €1,022,807 | €1,194,836 | +€172,029 | +16.8% |
| Contributions | 10/11 | €158,592 | €158,592 | = | 0.0% |
| Capital | 10 | €157,184 | €157,184 | = | 0.0% |
| Issued capital | 100 | €157,184 | €157,184 | = | 0.0% |
| Contributions outside capital | 11 | €1,408 | €1,408 | = | 0.0% |
| Share premium | 1100/10 | €1,408 | €1,408 | = | 0.0% |
| Reserves | 13 | €864,215 | €1,036,244 | +€172,029 | +19.9% |
| Non-distributable reserves | 130/1 | €15,718 | €15,718 | = | 0.0% |
| Legal reserve | 130 | €15,718 | €15,718 | = | 0.0% |
| Tax-exempt reserves | 132 | €173,543 | €161,489 | -€12,054 | -6.9% |
| Distributable reserves | 133 | €674,953 | €859,036 | +€184,083 | +27.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €19,445 | €14,382 | -€5,063 | -26.0% |
| Deferred taxes | 168 | €19,445 | €14,382 | -€5,063 | -26.0% |
| Amounts payable | 17/49 | €835,258 | €595,008 | -€240,250 | -28.8% |
| Amounts payable after more than one year | 17 | €311,786 | €230,424 | -€81,362 | -26.1% |
| Financial debts | 170/4 | €311,786 | €230,424 | -€81,362 | -26.1% |
| Amounts payable within one year | 42/48 | €523,471 | €364,584 | -€158,888 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €162,200 | €76,618 | -€85,582 | -52.8% |
| Trade debts | 44 | €104,934 | €111,668 | +€6,734 | +6.4% |
| Suppliers | 440/4 | €104,934 | €111,668 | +€6,734 | +6.4% |
| Taxes, remuneration and social security | 45 | €75,371 | €70,075 | -€5,297 | -7.0% |
| Taxes | 450/3 | €27,533 | €24,778 | -€2,755 | -10.0% |
| Remuneration and social security | 454/9 | €47,838 | €45,296 | -€2,542 | -5.3% |
| Other amounts payable | 47/48 | €180,966 | €106,223 | -€74,744 | -41.3% |
| Remuneration, social security and pensions | 62 | €364,091 | €420,973 | +€56,882 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,372 | €151,941 | -€34,430 | -18.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €18,043 | €25,337 | +€7,294 | +40.4% |
| Gross operating margin | 9900 | €817,944 | €823,376 | +€5,431 | +0.7% |
| Operating profit (loss) | 9901 | €249,439 | €225,124 | -€24,315 | -9.7% |
| Financial income | 75/76B | €34,380 | €28,199 | -€6,181 | -18.0% |
| Recurring financial income | 75 | €34,380 | €28,199 | -€6,181 | -18.0% |
| Financial charges | 65/66B | €35,504 | €23,487 | -€12,017 | -33.8% |
| Recurring financial charges | 65 | €35,504 | €23,487 | -€12,017 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €248,315 | €229,837 | -€18,479 | -7.4% |
| Transfer from deferred taxes | 780 | €12,268 | €5,063 | -€7,205 | -58.7% |
| Income taxes | 67/77 | €60,452 | €62,870 | +€2,419 | +4.0% |
| Profit (loss) for the period | 9904 | €200,132 | €172,029 | -€28,103 | -14.0% |
| Transfer from tax-exempt reserves | 789 | €29,207 | €12,054 | -€17,153 | -58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €229,339 | €184,083 | -€45,256 | -19.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.