FERMEDICS: 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.
FERMEDICS
Largest movements
- Stocks and contracts +€238,798
up €238,798 (+97.8%), from €244,132 to €482,930
- Deferred charges and accrued income -€104,117
down €104,117 (-97.0%), from €107,313 to €3,196
- Receivables within one year -€71,616
down €71,616 (-26.8%), from €267,293 to €195,677
of which Trade receivables: -€53,254
- Cash -€41,455
down €41,455 (-27.4%), from €151,430 to €109,975
- Intangible fixed assets +€12,466
up €12,466 (+5.9%), from €210,043 to €222,508
- Debts after one year -€147,330
down €147,330 (-26.8%), from €550,673 to €403,343
- Other debts +€99,998
up €99,998 (+52.0%), from €192,163 to €292,161
- Short-term financial debts +€83,399
up €83,399 (+120%), from €69,279 to €152,677
- Profit (loss) carried forward -€60,586
down €60,586 (-24.9%), from -€243,202 to -€303,788
- Current portion of long-term debt +€35,389
up €35,389 (+58.6%), from €60,378 to €95,767
- Gross operating margin +€163,959
up €163,959 (+405%), from €40,436 to €204,395
- Depreciation +€84,267
up €84,267 (+507%), from €16,610 to €100,878
- Financial charges +€67,949
up €67,949 (+179%), from €37,858 to €105,808
- Other operating charges -€28,626
down €28,626 (-70.1%), from €40,827 to €12,200
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €983,784 | €1,014,726 | +€30,942 | +3.1% |
| Fixed assets | 21/28 | €213,616 | €222,949 | +€9,333 | +4.4% |
| Intangible fixed assets | 21 | €210,043 | €222,508 | +€12,466 | +5.9% |
| Tangible fixed assets | 22/27 | €3,573 | €441 | -€3,133 | -87.7% |
| Plant, machinery and equipment | 23 | €3,573 | €441 | -€3,133 | -87.7% |
| Current assets | 29/58 | €770,168 | €791,777 | +€21,609 | +2.8% |
| Stocks and contracts in progress | 3 | €244,132 | €482,930 | +€238,798 | +97.8% |
| Stocks | 30/36 | €244,132 | €482,930 | +€238,798 | +97.8% |
| Amounts receivable within one year | 40/41 | €267,293 | €195,677 | -€71,616 | -26.8% |
| Trade receivables | 40 | €232,182 | €178,928 | -€53,254 | -22.9% |
| Other amounts receivable | 41 | €35,111 | €16,748 | -€18,363 | -52.3% |
| Cash at bank and in hand | 54/58 | €151,430 | €109,975 | -€41,455 | -27.4% |
| Deferred charges and accrued income | 490/1 | €107,313 | €3,196 | -€104,117 | -97.0% |
| Total equity and liabilities | 10/49 | €983,784 | €1,014,726 | +€30,942 | +3.1% |
| Equity | 10/15 | €75,368 | €14,782 | -€60,586 | -80.4% |
| Contributions | 10/11 | €318,570 | €318,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€243,202 | -€303,788 | -€60,586 | -24.9% |
| Amounts payable | 17/49 | €908,416 | €999,944 | +€91,528 | +10.1% |
| Amounts payable after more than one year | 17 | €550,673 | €403,343 | -€147,330 | -26.8% |
| Financial debts | 170/4 | €550,673 | €403,343 | -€147,330 | -26.8% |
| Amounts payable within one year | 42/48 | €357,743 | €596,601 | +€238,858 | +66.8% |
| Current portion of amounts payable after more than one year | 42 | €60,378 | €95,767 | +€35,389 | +58.6% |
| Financial debts | 43 | €69,279 | €152,677 | +€83,399 | +120% |
| Credit institutions | 430/8 | €69,279 | €152,677 | +€83,399 | +120% |
| Trade debts | 44 | €35,923 | €55,995 | +€20,073 | +55.9% |
| Suppliers | 440/4 | €35,923 | €55,995 | +€20,073 | +55.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €192,163 | €292,161 | +€99,998 | +52.0% |
| Remuneration, social security and pensions | 62 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,610 | €100,878 | +€84,267 | +507% |
| Other operating charges | 640/8 | €40,827 | €12,200 | -€28,626 | -70.1% |
| Non-recurring operating charges | 66A | - | €64,427 | +€64,427 | |
| Gross operating margin | 9900 | €40,436 | €204,395 | +€163,959 | +405% |
| Operating profit (loss) | 9901 | -€17,001 | €26,740 | +€43,741 | |
| Financial income | 75/76B | €20,025 | €18,481 | -€1,544 | -7.7% |
| Recurring financial income | 75 | €20,025 | €18,481 | -€1,544 | -7.7% |
| Financial charges | 65/66B | €37,858 | €105,808 | +€67,949 | +179% |
| Recurring financial charges | 65 | €37,858 | €105,808 | +€67,949 | +179% |
| Profit (loss) for the period before taxes | 9903 | -€34,834 | -€60,586 | -€25,752 | -73.9% |
| Profit (loss) for the period | 9904 | -€34,834 | -€60,586 | -€25,752 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,834 | -€60,586 | -€25,752 | -73.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.