Fermion IN-sight: 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.
Fermion IN-sight
Largest movements
- Cash +€65,146
up €65,146 (+162%), from €40,337 to €105,483
mainly Net result for the year (+€175,912) and Current investments (+€56,003)
- Current investments -€56,003
no longer reported in 2025 (was €56,003)
- Tangible fixed assets -€14,730
down €14,730 (-48.7%), from €30,271 to €15,541
of which Furniture and vehicles: -€14,306
- Debts after one year -€11,250
down €11,250 (-85.6%), from €13,137 to €1,887
- Trade debts +€3,824
new in 2025: €3,824
- Tax, wage and social debts +€3,447
up €3,447 (+78.5%), from €4,393 to €7,840
- Other debts -€2,286
down €2,286 (-1.3%), from €178,197 to €175,912
- Gross operating margin +€15,292
up €15,292 (+6.7%), from €226,677 to €241,968
- Taxes +€4,113
up €4,113 (+8.3%), from €49,295 to €53,409
- Financial income -€3,504
down €3,504 (-59.8%), from €5,863 to €2,359
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 | €208,859 | €202,712 | -€6,147 | -2.9% |
| Fixed assets | 21/28 | €30,271 | €15,541 | -€14,730 | -48.7% |
| Tangible fixed assets | 22/27 | €30,271 | €15,541 | -€14,730 | -48.7% |
| Plant, machinery and equipment | 23 | €889 | €464 | -€424 | -47.7% |
| Furniture and vehicles | 24 | €29,382 | €15,077 | -€14,306 | -48.7% |
| Current assets | 29/58 | €178,588 | €187,171 | +€8,583 | +4.8% |
| Amounts receivable within one year | 40/41 | €78,897 | €78,151 | -€746 | -0.9% |
| Trade receivables | 40 | €78,897 | €76,171 | -€2,726 | -3.5% |
| Other amounts receivable | 41 | - | €1,980 | +€1,980 | |
| Current investments | 50/53 | €56,003 | - | -€56,003 | |
| Cash at bank and in hand | 54/58 | €40,337 | €105,483 | +€65,146 | +162% |
| Deferred charges and accrued income | 490/1 | €3,350 | €3,537 | +€186 | +5.6% |
| Total equity and liabilities | 10/49 | €208,859 | €202,712 | -€6,147 | -2.9% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €206,859 | €200,712 | -€6,147 | -3.0% |
| Amounts payable after more than one year | 17 | €13,137 | €1,887 | -€11,250 | -85.6% |
| Financial debts | 170/4 | €13,137 | €1,887 | -€11,250 | -85.6% |
| Amounts payable within one year | 42/48 | €193,723 | €198,826 | +€5,103 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €11,132 | €11,250 | +€118 | +1.1% |
| Trade debts | 44 | - | €3,824 | +€3,824 | |
| Suppliers | 440/4 | - | €3,824 | +€3,824 | |
| Taxes, remuneration and social security | 45 | €4,393 | €7,840 | +€3,447 | +78.5% |
| Taxes | 450/3 | €4,393 | €7,840 | +€3,447 | +78.5% |
| Other amounts payable | 47/48 | €178,197 | €175,912 | -€2,286 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,248 | €14,730 | -€519 | -3.4% |
| Other operating charges | 640/8 | €98 | - | -€98 | |
| Gross operating margin | 9900 | €226,677 | €241,968 | +€15,292 | +6.7% |
| Operating profit (loss) | 9901 | €211,331 | €227,239 | +€15,908 | +7.5% |
| Financial income | 75/76B | €5,863 | €2,359 | -€3,504 | -59.8% |
| Recurring financial income | 75 | €5,863 | €2,359 | -€3,504 | -59.8% |
| Financial charges | 65/66B | €524 | €277 | -€247 | -47.1% |
| Recurring financial charges | 65 | €524 | €277 | -€247 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €216,669 | €229,321 | +€12,651 | +5.8% |
| Income taxes | 67/77 | €49,295 | €53,409 | +€4,113 | +8.3% |
| Profit (loss) for the period | 9904 | €167,374 | €175,912 | +€8,538 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €167,374 | €175,912 | +€8,538 | +5.1% |
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 25 October 2026 via checked.be.