FEMINCK: 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.
FEMINCK
Largest movements
- Cash +€108,142
up €108,142 (+31.1%), from €347,333 to €455,475
mainly Net result for the year (+€178,116) and Other debts (+€89,396)
- Receivables within one year +€26,789
up €26,789 (+16.6%), from €161,841 to €188,630
of which Other amounts receivable: +€64,693
- Tangible fixed assets +€17,526
up €17,526 (+2.6%), from €672,502 to €690,028
of which Furniture and vehicles: +€64,445
- Other debts +€89,396
up €89,396 (+89.5%), from €99,891 to €189,287
- Reserves +€84,016
up €84,016 (+11.8%), from €710,438 to €794,453
of which Distributable reserves: +€84,016
- Short-term financial debts -€50,000
down €50,000 (-100%), from €50,000 to €0
- Debts after one year -€21,682
down €21,682 (-6.3%), from €342,571 to €320,889
- Financial income +€22,457
up €22,457 (+279%), from €8,035 to €30,492
- Depreciation -€17,581
down €17,581 (-16.6%), from €105,595 to €88,014
- Taxes +€17,094
up €17,094 (+27.2%), from €62,812 to €79,906
- Gross operating margin +€16,494
up €16,494 (+2.9%), from €562,476 to €578,969
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 | €1,420,161 | €1,563,456 | +€143,295 | +10.1% |
| Fixed assets | 21/28 | €673,754 | €690,489 | +€16,735 | +2.5% |
| Intangible fixed assets | 21 | €1,047 | €256 | -€791 | -75.6% |
| Tangible fixed assets | 22/27 | €672,502 | €690,028 | +€17,526 | +2.6% |
| Land and buildings | 22 | €483,036 | €443,337 | -€39,699 | -8.2% |
| Plant, machinery and equipment | 23 | €12,226 | €10,138 | -€2,087 | -17.1% |
| Furniture and vehicles | 24 | €167,033 | €231,477 | +€64,445 | +38.6% |
| Other tangible fixed assets | 26 | €10,208 | €5,075 | -€5,133 | -50.3% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €746,407 | €872,967 | +€126,560 | +17.0% |
| Stocks and contracts in progress | 3 | €227,866 | €220,219 | -€7,646 | -3.4% |
| Stocks | 30/36 | €227,866 | €220,219 | -€7,646 | -3.4% |
| Amounts receivable within one year | 40/41 | €161,841 | €188,630 | +€26,789 | +16.6% |
| Trade receivables | 40 | €158,827 | €120,923 | -€37,904 | -23.9% |
| Other amounts receivable | 41 | €3,013 | €67,706 | +€64,693 | +2,147% |
| Cash at bank and in hand | 54/58 | €347,333 | €455,475 | +€108,142 | +31.1% |
| Deferred charges and accrued income | 490/1 | €9,368 | €8,643 | -€724 | -7.7% |
| Total equity and liabilities | 10/49 | €1,420,161 | €1,563,456 | +€143,295 | +10.1% |
| Equity | 10/15 | €729,038 | €813,053 | +€84,016 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €710,438 | €794,453 | +€84,016 | +11.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €710,438 | €794,453 | +€84,016 | +11.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €691,124 | €750,403 | +€59,279 | +8.6% |
| Amounts payable after more than one year | 17 | €342,571 | €320,889 | -€21,682 | -6.3% |
| Financial debts | 170/4 | €342,571 | €320,889 | -€21,682 | -6.3% |
| Amounts payable within one year | 42/48 | €337,148 | €419,872 | +€82,725 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €104,153 | €119,634 | +€15,481 | +14.9% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €23,892 | €37,933 | +€14,041 | +58.8% |
| Suppliers | 440/4 | €23,892 | €37,933 | +€14,041 | +58.8% |
| Taxes, remuneration and social security | 45 | €59,211 | €73,018 | +€13,807 | +23.3% |
| Taxes | 450/3 | €49,931 | €60,941 | +€11,011 | +22.1% |
| Remuneration and social security | 454/9 | €9,280 | €12,077 | +€2,797 | +30.1% |
| Other amounts payable | 47/48 | €99,891 | €189,287 | +€89,396 | +89.5% |
| Accrued charges and deferred income | 492/3 | €11,405 | €9,641 | -€1,764 | -15.5% |
| Non-recurring operating income | 76A | €0 | €7,131 | +€7,131 | |
| Remuneration, social security and pensions | 62 | €170,321 | €170,297 | -€23 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,595 | €88,014 | -€17,581 | -16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €895 | €0 | -€895 | -100% |
| Other operating charges | 640/8 | €11,052 | €11,223 | +€171 | +1.5% |
| Non-recurring operating charges | 66A | €31,915 | €23,875 | -€8,040 | -25.2% |
| Gross operating margin | 9900 | €562,476 | €578,969 | +€16,494 | +2.9% |
| Operating profit (loss) | 9901 | €242,698 | €285,560 | +€42,862 | +17.7% |
| Financial income | 75/76B | €8,035 | €30,492 | +€22,457 | +279% |
| Recurring financial income | 75 | €8,035 | €30,492 | +€22,457 | +279% |
| Financial charges | 65/66B | €53,651 | €58,029 | +€4,378 | +8.2% |
| Recurring financial charges | 65 | €53,651 | €58,029 | +€4,378 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €197,082 | €258,022 | +€60,941 | +30.9% |
| Income taxes | 67/77 | €62,812 | €79,906 | +€17,094 | +27.2% |
| Profit (loss) for the period | 9904 | €134,270 | €178,116 | +€43,846 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €134,270 | €178,116 | +€43,846 | +32.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.