FENNID: 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.
FENNID
Largest movements
- Cash +€5,859
up €5,859 (+15.9%), from €36,910 to €42,769
mainly Net result for the year (+€3,693) and Other debts (+€1,976)
- Receivables within one year +€1,948
up €1,948 (+10.0%), from €19,476 to €21,424
- Tangible fixed assets -€1,486
down €1,486 (-62.3%), from €2,386 to €899
of which Furniture and vehicles: -€1,078
- Profit (loss) carried forward +€3,693
up €3,693 (+6.1%), from -€60,497 to -€56,804
- Other debts +€1,976
up €1,976 (+13.3%), from €14,808 to €16,785
- Trade debts +€1,502
up €1,502 (+260.3%), from €577 to €2,079
- Tax, wage and social debts -€752
down €752 (-57.7%), from €1,303 to €551
- Gross operating margin -€2,329
down €2,329 (-24.9%), from €9,369 to €7,041
- Depreciation -€280
down €280 (-15.9%), from €1,767 to €1,486
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 | €58,771 | €65,204 | +€6,433 | +10.9% |
| Fixed assets | 21/28 | €2,386 | €899 | -€1,486 | -62.3% |
| Tangible fixed assets | 22/27 | €2,386 | €899 | -€1,486 | -62.3% |
| Land and buildings | 22 | €409 | - | -€409 | |
| Furniture and vehicles | 24 | €1,977 | €899 | -€1,078 | -54.5% |
| Current assets | 29/58 | €56,385 | €64,305 | +€7,919 | +14.0% |
| Amounts receivable within one year | 40/41 | €19,476 | €21,424 | +€1,948 | +10.0% |
| Trade receivables | 40 | €19,476 | €21,424 | +€1,948 | +10.0% |
| Cash at bank and in hand | 54/58 | €36,910 | €42,769 | +€5,859 | +15.9% |
| Deferred charges and accrued income | 490/1 | - | €112 | +€112 | |
| Total equity and liabilities | 10/49 | €58,771 | €65,204 | +€6,433 | +10.9% |
| Equity | 10/15 | €40,963 | €44,656 | +€3,693 | +9.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €89,060 | €89,060 | = | 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% |
| Distributable reserves | 133 | €87,200 | €87,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,497 | -€56,804 | +€3,693 | +6.1% |
| Amounts payable | 17/49 | €17,808 | €20,548 | +€2,740 | +15.4% |
| Amounts payable within one year | 42/48 | €16,688 | €19,415 | +€2,727 | +16.3% |
| Trade debts | 44 | €577 | €2,079 | +€1,502 | +260.3% |
| Suppliers | 440/4 | €577 | €2,079 | +€1,502 | +260.3% |
| Taxes, remuneration and social security | 45 | €1,303 | €551 | -€752 | -57.7% |
| Taxes | 450/3 | €1,303 | €551 | -€752 | -57.7% |
| Other amounts payable | 47/48 | €14,808 | €16,785 | +€1,976 | +13.3% |
| Accrued charges and deferred income | 492/3 | €1,120 | €1,133 | +€13 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,767 | €1,486 | -€280 | -15.9% |
| Other operating charges | 640/8 | €328 | €333 | +€5 | +1.6% |
| Gross operating margin | 9900 | €9,369 | €7,041 | -€2,329 | -24.9% |
| Operating profit (loss) | 9901 | €7,275 | €5,221 | -€2,054 | -28.2% |
| Financial income | 75/76B | €45 | €11 | -€34 | -76.2% |
| Recurring financial income | 75 | €45 | €11 | -€34 | -76.2% |
| Financial charges | 65/66B | €1,308 | €1,335 | +€27 | +2.1% |
| Recurring financial charges | 65 | €1,308 | €1,335 | +€27 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €6,011 | €3,897 | -€2,115 | -35.2% |
| Income taxes | 67/77 | €196 | €204 | +€8 | +3.8% |
| Profit (loss) for the period | 9904 | €5,815 | €3,693 | -€2,122 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,815 | €3,693 | -€2,122 | -36.5% |
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 10 October 2026 via checked.be.