FEMINATAL: what changed
Two fiscal 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.
FEMINATAL
Largest movements
- Tangible fixed assets -€4,302
down €4,302 (-34.6%), from €12,451 to €8,149
of which Plant, machinery and equipment: -€5,298
- Receivables within one year +€1,922
new in 2025: €1,922
of which Trade receivables: +€1,862
- Cash +€791
up €791 (+51.1%), from €1,549 to €2,341
mainly Depreciation (+€7,279) and Trade debts (+€3,855)
- Trade debts +€3,855
up €3,855 (+334.8%), from €1,151 to €5,006
- Short-term financial debts -€3,480
down €3,480 (-13.7%), from €25,430 to €21,950
- Profit (loss) carried forward -€1,320
down €1,320 (-6.8%), from -€19,396 to -€20,716
- Other debts -€362
down €362 (-8.2%), from €4,402 to €4,039
- Tax, wage and social debts -€281
down €281 (-68.0%), from €413 to €132
- Gross operating margin +€12,453
up €12,453, from -€5,648 to €6,805
- Depreciation +€1,166
up €1,166 (+19.1%), from €6,112 to €7,279
- Other operating charges -€619
down €619 (-57.2%), from €1,082 to €463
- Financial charges +€112
up €112 (+65.2%), from €171 to €283
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.
Cash bridge derived
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 | €14,001 | €12,412 | -€1,589 | -11.3% |
| Fixed assets | 21/28 | €12,451 | €8,149 | -€4,302 | -34.6% |
| Tangible fixed assets | 22/27 | €12,451 | €8,149 | -€4,302 | -34.6% |
| Plant, machinery and equipment | 23 | €11,365 | €6,067 | -€5,298 | -46.6% |
| Furniture and vehicles | 24 | €1,087 | €2,082 | +€995 | +91.6% |
| Current assets | 29/58 | €1,549 | €4,263 | +€2,714 | +175.2% |
| Amounts receivable within one year | 40/41 | - | €1,922 | +€1,922 | |
| Trade receivables | 40 | - | €1,862 | +€1,862 | |
| Other amounts receivable | 41 | - | €60 | +€60 | |
| Cash at bank and in hand | 54/58 | €1,549 | €2,341 | +€791 | +51.1% |
| Total equity and liabilities | 10/49 | €14,001 | €12,412 | -€1,589 | -11.3% |
| Equity | 10/15 | -€17,396 | -€18,716 | -€1,320 | -7.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,396 | -€20,716 | -€1,320 | -6.8% |
| Amounts payable | 17/49 | €31,396 | €31,128 | -€269 | -0.9% |
| Amounts payable within one year | 42/48 | €31,396 | €31,128 | -€269 | -0.9% |
| Financial debts | 43 | €25,430 | €21,950 | -€3,480 | -13.7% |
| Other loans | 439 | €25,430 | €21,950 | -€3,480 | -13.7% |
| Trade debts | 44 | €1,151 | €5,006 | +€3,855 | +334.8% |
| Suppliers | 440/4 | €1,151 | €5,006 | +€3,855 | +334.8% |
| Taxes, remuneration and social security | 45 | €413 | €132 | -€281 | -68.0% |
| Taxes | 450/3 | €413 | €132 | -€281 | -68.0% |
| Other amounts payable | 47/48 | €4,402 | €4,039 | -€362 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,112 | €7,279 | +€1,166 | +19.1% |
| Other operating charges | 640/8 | €1,082 | €463 | -€619 | -57.2% |
| Gross operating margin | 9900 | -€5,648 | €6,805 | +€12,453 | |
| Operating profit (loss) | 9901 | -€12,842 | -€937 | +€11,905 | +92.7% |
| Financial charges | 65/66B | €171 | €283 | +€112 | +65.2% |
| Recurring financial charges | 65 | €171 | €283 | +€112 | +65.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,013 | -€1,220 | +€11,793 | +90.6% |
| Income taxes | 67/77 | €160 | €100 | -€60 | -37.5% |
| Profit (loss) for the period | 9904 | -€13,173 | -€1,320 | +€11,853 | +90.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,173 | -€1,320 | +€11,853 | +90.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.