FEMI: 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.
FEMI
Largest movements
- Receivables within one year -€2,415
down €2,415 (-29.3%), from €8,235 to €5,820
of which Trade receivables: -€3,027
- Cash -€1,501
down €1,501 (-99.9%), from €1,502 to €1
mainly Net result for the year (-€7,125)
- Deferred charges and accrued income -€645
down €645 (-100%), from €645 to €0
- Profit (loss) carried forward -€7,125
down €7,125, from €2,266 to -€4,859
- Other debts +€2,314
new in 2023: €2,314
- Tax, wage and social debts +€251
up €251 (+446%), from €56 to €307
- Gross operating margin -€5,657
down €5,657, from €1,882 to -€3,775
- Financial charges +€3,017
up €3,017 (+1,017%), from €297 to €3,314
- Financial income -€549
down €549 (-63.3%), from €868 to €319
- Other operating charges +€254
up €254 (+249%), from €102 to €356
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,382 | €5,821 | -€4,561 | -43.9% |
| Current assets | 29/58 | €10,382 | €5,821 | -€4,561 | -43.9% |
| Amounts receivable within one year | 40/41 | €8,235 | €5,820 | -€2,415 | -29.3% |
| Trade receivables | 40 | €3,027 | €0 | -€3,027 | -100% |
| Other amounts receivable | 41 | €5,208 | €5,820 | +€612 | +11.8% |
| Cash at bank and in hand | 54/58 | €1,502 | €1 | -€1,501 | -99.9% |
| Deferred charges and accrued income | 490/1 | €645 | €0 | -€645 | -100% |
| Total equity and liabilities | 10/49 | €10,382 | €5,821 | -€4,561 | -43.9% |
| Equity | 10/15 | €10,326 | €3,201 | -€7,125 | -69.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,266 | -€4,859 | -€7,125 | |
| Amounts payable | 17/49 | €56 | €2,620 | +€2,564 | +4,562% |
| Amounts payable within one year | 42/48 | €56 | €2,620 | +€2,564 | +4,562% |
| Taxes, remuneration and social security | 45 | €56 | €307 | +€251 | +446% |
| Taxes | 450/3 | €56 | €307 | +€251 | +446% |
| Other amounts payable | 47/48 | - | €2,314 | +€2,314 | |
| Other operating charges | 640/8 | €102 | €356 | +€254 | +249% |
| Gross operating margin | 9900 | €1,882 | -€3,775 | -€5,657 | |
| Operating profit (loss) | 9901 | €1,780 | -€4,131 | -€5,910 | |
| Financial income | 75/76B | €868 | €319 | -€549 | -63.3% |
| Recurring financial income | 75 | €868 | €319 | -€549 | -63.3% |
| Financial charges | 65/66B | €297 | €3,314 | +€3,017 | +1,017% |
| Recurring financial charges | 65 | €297 | €3,314 | +€3,017 | +1,017% |
| Profit (loss) for the period before taxes | 9903 | €2,351 | -€7,125 | -€9,476 | |
| Profit (loss) for the period | 9904 | €2,351 | -€7,125 | -€9,476 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,351 | -€7,125 | -€9,476 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.