FERNEZ IMMO: 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.
FERNEZ IMMO
Largest movements
- Tangible fixed assets +€22,211
up €22,211 (+3.9%), from €574,619 to €596,830
of which Plant, machinery and equipment: +€14,341
- Receivables within one year +€18,396
up €18,396 (+22.8%), from €80,854 to €99,250
- Deferred charges and accrued income -€11,532
down €11,532 (-90.2%), from €12,789 to €1,257
- Debts after one year -€72,188
down €72,188 (-79.5%), from €90,803 to €18,615
- Profit (loss) carried forward +€39,660
up €39,660 (+9.1%), from €436,911 to €476,571
- Current portion of long-term debt +€29,359
up €29,359 (+10.9%), from €269,301 to €298,660
- Trade debts +€21,069
new in 2025: €21,069
- Gross operating margin +€23,166
up €23,166 (+24.4%), from €94,947 to €118,113
- Financial charges +€6,009
up €6,009 (+286%), from €2,102 to €8,111
- Taxes +€4,796
up €4,796 (+44.1%), from €10,879 to €15,675
- Depreciation -€2,911
down €2,911 (-7.6%), from €38,082 to €35,171
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 | €1,034,397 | €1,066,422 | +€32,025 | +3.1% |
| Fixed assets | 21/28 | €574,619 | €596,830 | +€22,211 | +3.9% |
| Tangible fixed assets | 22/27 | €574,619 | €596,830 | +€22,211 | +3.9% |
| Land and buildings | 22 | €569,252 | €577,806 | +€8,554 | +1.5% |
| Plant, machinery and equipment | 23 | €2,633 | €16,974 | +€14,341 | +545% |
| Furniture and vehicles | 24 | €2,734 | €2,050 | -€684 | -25.0% |
| Current assets | 29/58 | €459,778 | €469,592 | +€9,814 | +2.1% |
| Amounts receivable within one year | 40/41 | €80,854 | €99,250 | +€18,396 | +22.8% |
| Other amounts receivable | 41 | €80,854 | €99,250 | +€18,396 | +22.8% |
| Cash at bank and in hand | 54/58 | €366,135 | €369,085 | +€2,950 | +0.8% |
| Deferred charges and accrued income | 490/1 | €12,789 | €1,257 | -€11,532 | -90.2% |
| Total equity and liabilities | 10/49 | €1,034,397 | €1,066,422 | +€32,025 | +3.1% |
| Equity | 10/15 | €615,242 | €653,886 | +€38,644 | +6.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €147,344 | €146,328 | -€1,016 | -0.7% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €144,245 | €143,229 | -€1,016 | -0.7% |
| Profit (loss) carried forward | 14 | €436,911 | €476,571 | +€39,660 | +9.1% |
| Provisions and deferred taxes | 16 | €48,172 | €47,825 | -€347 | -0.7% |
| Deferred taxes | 168 | €48,172 | €47,825 | -€347 | -0.7% |
| Amounts payable | 17/49 | €370,983 | €364,711 | -€6,272 | -1.7% |
| Amounts payable after more than one year | 17 | €90,803 | €18,615 | -€72,188 | -79.5% |
| Financial debts | 170/4 | €90,803 | €18,615 | -€72,188 | -79.5% |
| Amounts payable within one year | 42/48 | €280,180 | €340,250 | +€60,070 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €269,301 | €298,660 | +€29,359 | +10.9% |
| Trade debts | 44 | - | €21,069 | +€21,069 | |
| Suppliers | 440/4 | - | €21,069 | +€21,069 | |
| Taxes, remuneration and social security | 45 | €10,879 | €20,521 | +€9,642 | +88.6% |
| Taxes | 450/3 | €10,879 | €20,521 | +€9,642 | +88.6% |
| Accrued charges and deferred income | 492/3 | - | €5,846 | +€5,846 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,082 | €35,171 | -€2,911 | -7.6% |
| Other operating charges | 640/8 | €12,618 | €13,493 | +€875 | +6.9% |
| Non-recurring operating charges | 66A | - | €7,365 | +€7,365 | |
| Gross operating margin | 9900 | €94,947 | €118,113 | +€23,166 | +24.4% |
| Operating profit (loss) | 9901 | €44,247 | €62,084 | +€17,837 | +40.3% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €2,102 | €8,111 | +€6,009 | +286% |
| Recurring financial charges | 65 | €2,102 | €8,111 | +€6,009 | +286% |
| Profit (loss) for the period before taxes | 9903 | €42,154 | €53,973 | +€11,819 | +28.0% |
| Transfer from deferred taxes | 780 | €346 | €346 | = | 0.0% |
| Income taxes | 67/77 | €10,879 | €15,675 | +€4,796 | +44.1% |
| Profit (loss) for the period | 9904 | €31,621 | €38,644 | +€7,023 | +22.2% |
| Transfer from tax-exempt reserves | 789 | €1,016 | €1,016 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,637 | €39,660 | +€7,023 | +21.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.