FERNANDES SERVICES: 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.
FERNANDES SERVICES
Largest movements
- Cash +€16,521
up €16,521 (+62.7%), from €26,332 to €42,853
mainly Receivables within one year (+€9,533) and Net result for the year (+€7,881)
- Receivables within one year -€9,533
down €9,533 (-91.7%), from €10,398 to €864
of which Trade receivables: -€9,185
- Profit (loss) carried forward +€7,881
up €7,881 (+31.0%), from €25,401 to €33,282
- Tax, wage and social debts +€4,519
up €4,519 (+251%), from €1,800 to €6,319
of which Taxes: +€2,719
- Trade debts -€3,004
down €3,004 (-88.4%), from €3,399 to €395
- Other debts -€2,996
down €2,996 (-52.1%), from €5,755 to €2,759
- Taxes +€4,892
new in 2025: €4,892
- Gross operating margin +€2,043
up €2,043 (+18.0%), from €11,342 to €13,385
- Depreciation -€1,019
down €1,019 (-74.0%), from €1,377 to €359
- Other operating charges +€148
new in 2025: €148
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 | €37,355 | €43,755 | +€6,400 | +17.1% |
| Fixed assets | 21/28 | €359 | - | -€359 | |
| Tangible fixed assets | 22/27 | €359 | - | -€359 | |
| Furniture and vehicles | 24 | €359 | - | -€359 | |
| Current assets | 29/58 | €36,996 | €43,755 | +€6,759 | +18.3% |
| Amounts receivable within one year | 40/41 | €10,398 | €864 | -€9,533 | -91.7% |
| Trade receivables | 40 | €9,558 | €373 | -€9,185 | -96.1% |
| Other amounts receivable | 41 | €840 | €492 | -€348 | -41.5% |
| Cash at bank and in hand | 54/58 | €26,332 | €42,853 | +€16,521 | +62.7% |
| Deferred charges and accrued income | 490/1 | €266 | €37 | -€229 | -86.0% |
| Total equity and liabilities | 10/49 | €37,355 | €43,755 | +€6,400 | +17.1% |
| Equity | 10/15 | €26,401 | €34,282 | +€7,881 | +29.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,401 | €33,282 | +€7,881 | +31.0% |
| Amounts payable | 17/49 | €10,954 | €9,473 | -€1,481 | -13.5% |
| Amounts payable within one year | 42/48 | €10,954 | €9,473 | -€1,481 | -13.5% |
| Trade debts | 44 | €3,399 | €395 | -€3,004 | -88.4% |
| Suppliers | 440/4 | €3,399 | €395 | -€3,004 | -88.4% |
| Taxes, remuneration and social security | 45 | €1,800 | €6,319 | +€4,519 | +251% |
| Taxes | 450/3 | - | €2,719 | +€2,719 | |
| Remuneration and social security | 454/9 | €1,800 | €3,600 | +€1,800 | +100% |
| Other amounts payable | 47/48 | €5,755 | €2,759 | -€2,996 | -52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,377 | €359 | -€1,019 | -74.0% |
| Other operating charges | 640/8 | - | €148 | +€148 | |
| Gross operating margin | 9900 | €11,342 | €13,385 | +€2,043 | +18.0% |
| Operating profit (loss) | 9901 | €9,965 | €12,878 | +€2,913 | +29.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €104 | €104 | = | 0.0% |
| Recurring financial charges | 65 | €104 | €104 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €9,860 | €12,773 | +€2,913 | +29.5% |
| Income taxes | 67/77 | - | €4,892 | +€4,892 | |
| Profit (loss) for the period | 9904 | €9,860 | €7,881 | -€1,979 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,860 | €7,881 | -€1,979 | -20.1% |
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 14 October 2026 via checked.be.