FERNANDO: 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.
FERNANDO
Largest movements
- Cash -€70
down €70 (-74.8%), from €93 to €24
mainly Net result for the year (-€1,540)
- Profit (loss) carried forward -€1,540
down €1,540 (-5.4%), from -€28,408 to -€29,948
- Other debts +€1,470
up €1,470 (+14.8%), from €9,902 to €11,372
- Financial charges -€2,837
down €2,837 (-98.1%), from €2,893 to €56
of which Non-recurring financial charges: -€2,827
- Other operating charges -€382
down €382 (-76.1%), from €502 to €120
- Gross operating margin -€49
down €49 (-3.7%), from -€1,315 to -€1,364
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 | €93 | €24 | -€70 | -74.8% |
| Current assets | 29/58 | €93 | €24 | -€70 | -74.8% |
| Cash at bank and in hand | 54/58 | €93 | €24 | -€70 | -74.8% |
| Total equity and liabilities | 10/49 | €93 | €24 | -€70 | -74.8% |
| Equity | 10/15 | -€9,808 | -€11,348 | -€1,540 | -15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,408 | -€29,948 | -€1,540 | -5.4% |
| Amounts payable | 17/49 | €9,902 | €11,372 | +€1,470 | +14.8% |
| Amounts payable within one year | 42/48 | €9,902 | €11,372 | +€1,470 | +14.8% |
| Other amounts payable | 47/48 | €9,902 | €11,372 | +€1,470 | +14.8% |
| Other operating charges | 640/8 | €502 | €120 | -€382 | -76.1% |
| Gross operating margin | 9900 | -€1,315 | -€1,364 | -€49 | -3.7% |
| Operating profit (loss) | 9901 | -€1,818 | -€1,484 | +€334 | +18.4% |
| Financial charges | 65/66B | €2,893 | €56 | -€2,837 | -98.1% |
| Recurring financial charges | 65 | €66 | €56 | -€10 | -15.4% |
| Non-recurring financial charges | 66B | €2,827 | - | -€2,827 | |
| Profit (loss) for the period before taxes | 9903 | -€4,711 | -€1,540 | +€3,171 | +67.3% |
| Profit (loss) for the period | 9904 | -€4,711 | -€1,540 | +€3,171 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,711 | -€1,540 | +€3,171 | +67.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.