FERIMO: 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.
FERIMO
Largest movements
- Tangible fixed assets +€508,913
up €508,913 (+253.0%), from €201,135 to €710,048
- Financial fixed assets +€54,480
up €54,480 (+33.3%), from €163,800 to €218,280
- Cash -€37,443
down €37,443 (-69.5%), from €53,891 to €16,448
mainly Investment in fixed assets (net) (-€582,050) and Net result for the year (-€4,951)
- Other debts +€531,556
new in 2025: €531,556
- Other operating charges +€68,178
up €68,178 (+17601.5%), from €387 to €68,565
- Taxes -€20,707
no longer reported in 2025 (was €20,707)
- Financial charges +€9,173
up €9,173 (+12154.6%), from €75 to €9,249
- Gross operating margin -€6,681
down €6,681 (-6.8%), from €98,200 to €91,519
- Depreciation +€3,746
up €3,746 (+25.1%), from €14,910 to €18,656
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 | €466,472 | €992,900 | +€526,428 | +112.9% |
| Fixed assets | 21/28 | €364,935 | €928,328 | +€563,393 | +154.4% |
| Tangible fixed assets | 22/27 | €201,135 | €710,048 | +€508,913 | +253.0% |
| Land and buildings | 22 | €201,135 | €710,048 | +€508,913 | +253.0% |
| Financial fixed assets | 28 | €163,800 | €218,280 | +€54,480 | +33.3% |
| Current assets | 29/58 | €101,537 | €64,572 | -€36,965 | -36.4% |
| Amounts receivable within one year | 40/41 | €47,646 | €47,837 | +€191 | +0.4% |
| Trade receivables | 40 | €47,646 | €42,202 | -€5,444 | -11.4% |
| Other amounts receivable | 41 | - | €5,635 | +€5,635 | |
| Cash at bank and in hand | 54/58 | €53,891 | €16,448 | -€37,443 | -69.5% |
| Deferred charges and accrued income | 490/1 | - | €287 | +€287 | |
| Total equity and liabilities | 10/49 | €466,472 | €992,900 | +€526,428 | +112.9% |
| Equity | 10/15 | €441,965 | €437,014 | -€4,951 | -1.1% |
| Contributions | 10/11 | €29,041 | €29,041 | = | 0.0% |
| Capital | 10 | €29,041 | €29,041 | = | 0.0% |
| Issued capital | 100 | €29,041 | €29,041 | = | 0.0% |
| Reserves | 13 | €179,346 | €179,346 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,904 | €2,904 | = | 0.0% |
| Legal reserve | 130 | €2,904 | €2,904 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,180 | €3,180 | = | 0.0% |
| Distributable reserves | 133 | €173,262 | €173,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | €233,578 | €228,627 | -€4,951 | -2.1% |
| Amounts payable | 17/49 | €24,507 | €555,886 | +€531,379 | +2168.3% |
| Amounts payable within one year | 42/48 | €24,507 | €555,886 | +€531,379 | +2168.3% |
| Trade debts | 44 | €3,800 | €3,623 | -€177 | -4.7% |
| Suppliers | 440/4 | €3,800 | €3,623 | -€177 | -4.7% |
| Taxes, remuneration and social security | 45 | €20,707 | €20,707 | = | 0.0% |
| Taxes | 450/3 | €20,707 | €20,707 | = | 0.0% |
| Other amounts payable | 47/48 | - | €531,556 | +€531,556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,910 | €18,656 | +€3,746 | +25.1% |
| Other operating charges | 640/8 | €387 | €68,565 | +€68,178 | +17601.5% |
| Gross operating margin | 9900 | €98,200 | €91,519 | -€6,681 | -6.8% |
| Operating profit (loss) | 9901 | €82,903 | €4,298 | -€78,605 | -94.8% |
| Financial charges | 65/66B | €75 | €9,249 | +€9,173 | +12154.6% |
| Recurring financial charges | 65 | €75 | €9,249 | +€9,173 | +12154.6% |
| Profit (loss) for the period before taxes | 9903 | €82,827 | -€4,951 | -€87,778 | |
| Income taxes | 67/77 | €20,707 | - | -€20,707 | |
| Profit (loss) for the period | 9904 | €62,121 | -€4,951 | -€67,072 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,121 | -€4,951 | -€67,072 |
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 30 September 2026 via checked.be.