FEMOO: 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.
FEMOO
Largest movements
- Current investments +€302,922
new in 2025: €302,922
- Cash -€294,422
down €294,422 (-81.2%), from €362,618 to €68,196
mainly Current investments (-€302,922) and Receivables within one year (-€109,479)
- Receivables within one year +€109,479
up €109,479 (+186%), from €58,851 to €168,330
of which Trade receivables: +€113,132
- Profit (loss) carried forward +€74,026
up €74,026 (+73.4%), from -€100,792 to -€26,766
- Gross operating margin +€114,292
up €114,292 (+94.0%), from €121,559 to €235,851
- Depreciation +€50,098
up €50,098 (+183%), from €27,423 to €77,521
- Financial charges +€31,748
up €31,748 (+229%), from €13,874 to €45,623
- Staff costs +€20,943
up €20,943 (+114%), from €18,386 to €39,328
- Financial income +€4,253
up €4,253, from €0 to €4,253
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 | €1,961,713 | €2,068,992 | +€107,278 | +5.5% |
| Fixed assets | 21/28 | €1,535,913 | €1,527,242 | -€8,671 | -0.6% |
| Tangible fixed assets | 22/27 | €1,535,913 | €1,527,242 | -€8,671 | -0.6% |
| Land and buildings | 22 | €1,474,964 | €1,427,486 | -€47,478 | -3.2% |
| Plant, machinery and equipment | 23 | €985 | €118 | -€868 | -88.1% |
| Furniture and vehicles | 24 | €59,964 | €43,463 | -€16,502 | -27.5% |
| Assets under construction and advance payments | 27 | - | €56,176 | +€56,176 | |
| Current assets | 29/58 | €425,800 | €541,750 | +€115,949 | +27.2% |
| Amounts receivable within one year | 40/41 | €58,851 | €168,330 | +€109,479 | +186% |
| Trade receivables | 40 | €24,140 | €137,271 | +€113,132 | +469% |
| Other amounts receivable | 41 | €34,711 | €31,059 | -€3,652 | -10.5% |
| Current investments | 50/53 | - | €302,922 | +€302,922 | |
| Cash at bank and in hand | 54/58 | €362,618 | €68,196 | -€294,422 | -81.2% |
| Deferred charges and accrued income | 490/1 | €4,332 | €2,301 | -€2,031 | -46.9% |
| Total equity and liabilities | 10/49 | €1,961,713 | €2,068,992 | +€107,278 | +5.5% |
| Equity | 10/15 | €417,808 | €491,834 | +€74,026 | +17.7% |
| Contributions | 10/11 | €518,600 | €518,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€100,792 | -€26,766 | +€74,026 | +73.4% |
| Amounts payable | 17/49 | €1,543,905 | €1,577,158 | +€33,253 | +2.2% |
| Amounts payable after more than one year | 17 | €1,500,000 | €1,500,000 | = | 0.0% |
| Financial debts | 170/4 | €1,500,000 | €1,500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,598 | €41,758 | +€13,160 | +46.0% |
| Trade debts | 44 | €208 | €1,102 | +€893 | +429% |
| Suppliers | 440/4 | €208 | €1,102 | +€893 | +429% |
| Taxes, remuneration and social security | 45 | €18,282 | €24,315 | +€6,033 | +33.0% |
| Taxes | 450/3 | €18,282 | €21,022 | +€2,740 | +15.0% |
| Remuneration and social security | 454/9 | - | €3,293 | +€3,293 | |
| Other amounts payable | 47/48 | €10,107 | €16,341 | +€6,234 | +61.7% |
| Accrued charges and deferred income | 492/3 | €15,308 | €35,400 | +€20,092 | +131% |
| Remuneration, social security and pensions | 62 | €18,386 | €39,328 | +€20,943 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,423 | €77,521 | +€50,098 | +183% |
| Other operating charges | 640/8 | €1,476 | €3,389 | +€1,913 | +130% |
| Non-recurring operating charges | 66A | €178,200 | €0 | -€178,200 | -100% |
| Gross operating margin | 9900 | €121,559 | €235,851 | +€114,292 | +94.0% |
| Operating profit (loss) | 9901 | -€103,926 | €115,612 | +€219,538 | |
| Financial income | 75/76B | €0 | €4,253 | +€4,253 | |
| Recurring financial income | 75 | €0 | €4,253 | +€4,253 | |
| Financial charges | 65/66B | €13,874 | €45,623 | +€31,748 | +229% |
| Recurring financial charges | 65 | €13,874 | €45,623 | +€31,748 | +229% |
| Profit (loss) for the period before taxes | 9903 | -€117,800 | €74,242 | +€192,042 | |
| Income taxes | 67/77 | €289 | €217 | -€72 | -24.9% |
| Profit (loss) for the period | 9904 | -€118,089 | €74,026 | +€192,114 | |
| Profit (loss) for the period to be appropriated | 9905 | -€118,089 | €74,026 | +€192,114 |
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.