FEMMACO: 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.
FEMMACO
Largest movements
- Receivables within one year -€8,508
down €8,508 (-16.9%), from €50,361 to €41,853
of which Trade receivables: -€9,849
- Tangible fixed assets +€6,307
up €6,307 (+41.9%), from €15,066 to €21,374
of which Other tangible fixed assets: +€4,487
- Deferred charges and accrued income -€1,472
no longer reported in 2025 (was €1,472)
- Debts after one year -€6,264
down €6,264 (-48.8%), from €12,840 to €6,576
- Trade debts -€2,459
down €2,459 (-56.9%), from €4,319 to €1,859
- Profit (loss) carried forward +€2,027
up €2,027 (+16.4%), from -€12,330 to -€10,304
- Other debts +€1,786
up €1,786 (+5.1%), from €34,958 to €36,745
- Depreciation +€549
up €549 (+7.4%), from €7,393 to €7,941
- Taxes +€437
up €437 (+34.9%), from €1,253 to €1,690
- Gross operating margin +€389
up €389 (+3.1%), from €12,699 to €13,087
- Financial charges -€210
down €210 (-16.0%), from €1,317 to €1,107
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 | €68,059 | €64,041 | -€4,018 | -5.9% |
| Fixed assets | 21/28 | €15,066 | €21,374 | +€6,307 | +41.9% |
| Tangible fixed assets | 22/27 | €15,066 | €21,374 | +€6,307 | +41.9% |
| Land and buildings | 22 | €259 | €115 | -€144 | -55.6% |
| Plant, machinery and equipment | 23 | €1,454 | €985 | -€470 | -32.3% |
| Furniture and vehicles | 24 | €13,353 | €15,788 | +€2,434 | +18.2% |
| Other tangible fixed assets | 26 | - | €4,487 | +€4,487 | |
| Current assets | 29/58 | €52,993 | €42,668 | -€10,325 | -19.5% |
| Amounts receivable within one year | 40/41 | €50,361 | €41,853 | -€8,508 | -16.9% |
| Trade receivables | 40 | €22,100 | €12,251 | -€9,849 | -44.6% |
| Other amounts receivable | 41 | €28,261 | €29,602 | +€1,341 | +4.7% |
| Cash at bank and in hand | 54/58 | €1,160 | €815 | -€345 | -29.8% |
| Deferred charges and accrued income | 490/1 | €1,472 | - | -€1,472 | |
| Total equity and liabilities | 10/49 | €68,059 | €64,041 | -€4,018 | -5.9% |
| Equity | 10/15 | €70 | €2,096 | +€2,027 | +2,905% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,330 | -€10,304 | +€2,027 | +16.4% |
| Amounts payable | 17/49 | €67,990 | €61,945 | -€6,045 | -8.9% |
| Amounts payable after more than one year | 17 | €12,840 | €6,576 | -€6,264 | -48.8% |
| Financial debts | 170/4 | €12,840 | €6,576 | -€6,264 | -48.8% |
| Amounts payable within one year | 42/48 | €55,150 | €55,369 | +€219 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €6,819 | €7,110 | +€291 | +4.3% |
| Trade debts | 44 | €4,319 | €1,859 | -€2,459 | -56.9% |
| Suppliers | 440/4 | €4,319 | €1,859 | -€2,459 | -56.9% |
| Taxes, remuneration and social security | 45 | €9,054 | €9,655 | +€601 | +6.6% |
| Taxes | 450/3 | €5,074 | €5,675 | +€601 | +11.8% |
| Remuneration and social security | 454/9 | €3,980 | €3,980 | = | 0.0% |
| Other amounts payable | 47/48 | €34,958 | €36,745 | +€1,786 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,393 | €7,941 | +€549 | +7.4% |
| Other operating charges | 640/8 | €1,410 | €1,414 | +€4 | +0.3% |
| Gross operating margin | 9900 | €12,699 | €13,087 | +€389 | +3.1% |
| Operating profit (loss) | 9901 | €3,896 | €3,732 | -€164 | -4.2% |
| Financial income | 75/76B | €1,052 | €1,091 | +€40 | +3.8% |
| Recurring financial income | 75 | €1,052 | €1,091 | +€40 | +3.8% |
| Financial charges | 65/66B | €1,317 | €1,107 | -€210 | -16.0% |
| Recurring financial charges | 65 | €1,317 | €1,107 | -€210 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €3,630 | €3,716 | +€86 | +2.4% |
| Income taxes | 67/77 | €1,253 | €1,690 | +€437 | +34.9% |
| Profit (loss) for the period | 9904 | €2,377 | €2,027 | -€351 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,377 | €2,027 | -€351 | -14.7% |
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 17 October 2026 via checked.be.