FEMENINA: 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.
FEMENINA
Largest movements
- Current investments -€58,222
down €58,222 (-10.8%), from €540,695 to €482,474
- Cash +€57,664
up €57,664 (+285%), from €20,215 to €77,879
mainly Net result for the year (+€135,921) and Current investments (+€58,222)
- Tangible fixed assets +€30,385
up €30,385 (+111%), from €27,262 to €57,647
of which Furniture and vehicles: +€31,819
- Reserves +€49,884
up €49,884 (+9.1%), from €547,723 to €597,607
- Other debts -€9,242
no longer reported in 2025 (was €9,242)
- Gross operating margin -€132,390
down €132,390 (-40.1%), from €330,358 to €197,968
- Taxes -€39,342
down €39,342 (-38.6%), from €101,881 to €62,539
- Financial income +€17,780
up €17,780 (+5,342%), from €333 to €18,113
- Depreciation +€4,046
up €4,046 (+45.2%), from €8,944 to €12,990
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 | €643,980 | €684,629 | +€40,650 | +6.3% |
| Fixed assets | 21/28 | €27,262 | €57,647 | +€30,385 | +111% |
| Tangible fixed assets | 22/27 | €27,262 | €57,647 | +€30,385 | +111% |
| Land and buildings | 22 | €6,068 | €5,022 | -€1,046 | -17.2% |
| Plant, machinery and equipment | 23 | €1,007 | €619 | -€388 | -38.5% |
| Furniture and vehicles | 24 | €20,187 | €52,006 | +€31,819 | +158% |
| Current assets | 29/58 | €616,717 | €626,982 | +€10,264 | +1.7% |
| Amounts receivable within one year | 40/41 | €6,209 | €11,267 | +€5,058 | +81.5% |
| Trade receivables | 40 | - | €573 | +€573 | |
| Other amounts receivable | 41 | €6,209 | €10,694 | +€4,485 | +72.2% |
| Current investments | 50/53 | €540,695 | €482,474 | -€58,222 | -10.8% |
| Cash at bank and in hand | 54/58 | €20,215 | €77,879 | +€57,664 | +285% |
| Deferred charges and accrued income | 490/1 | €49,599 | €55,362 | +€5,763 | +11.6% |
| Total equity and liabilities | 10/49 | €643,980 | €684,629 | +€40,650 | +6.3% |
| Equity | 10/15 | €634,737 | €684,621 | +€49,884 | +7.9% |
| Contributions | 10/11 | €14,425 | €14,425 | = | 0.0% |
| Contributions outside capital | 11 | €14,425 | €14,425 | = | 0.0% |
| Share premium | 1100/10 | €14,425 | €14,425 | = | 0.0% |
| Reserves | 13 | €547,723 | €597,607 | +€49,884 | +9.1% |
| Non-distributable reserves | 130/1 | €547,723 | €597,607 | +€49,884 | +9.1% |
| Reserves not available under the articles | 1311 | €547,723 | €597,607 | +€49,884 | +9.1% |
| Profit (loss) carried forward | 14 | €72,589 | €72,589 | +€0 | 0.0% |
| Amounts payable | 17/49 | €9,242 | €8 | -€9,234 | -99.9% |
| Amounts payable within one year | 42/48 | €9,242 | €8 | -€9,234 | -99.9% |
| Taxes, remuneration and social security | 45 | - | €8 | +€8 | |
| Taxes | 450/3 | - | €8 | +€8 | |
| Other amounts payable | 47/48 | €9,242 | - | -€9,242 | |
| Non-recurring operating income | 76A | €173,650 | - | -€173,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,944 | €12,990 | +€4,046 | +45.2% |
| Other operating charges | 640/8 | €3,356 | €4,440 | +€1,084 | +32.3% |
| Gross operating margin | 9900 | €330,358 | €197,968 | -€132,390 | -40.1% |
| Operating profit (loss) | 9901 | €318,059 | €180,539 | -€137,520 | -43.2% |
| Financial income | 75/76B | €333 | €18,113 | +€17,780 | +5,342% |
| Recurring financial income | 75 | €333 | €18,113 | +€17,780 | +5,342% |
| Financial charges | 65/66B | €542 | €191 | -€352 | -64.9% |
| Recurring financial charges | 65 | €542 | €191 | -€352 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | €317,849 | €198,461 | -€119,388 | -37.6% |
| Income taxes | 67/77 | €101,881 | €62,539 | -€39,342 | -38.6% |
| Profit (loss) for the period | 9904 | €215,968 | €135,921 | -€80,046 | -37.1% |
| Transfer from tax-exempt reserves | 789 | - | €86,038 | +€86,038 | |
| Profit (loss) for the period to be appropriated | 9905 | €215,968 | €221,959 | +€5,991 | +2.8% |
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 30 October 2026 via checked.be.