FERNIC & CO: 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.
FERNIC & CO
Largest movements
- Tangible fixed assets -€36,844
no longer reported in 2025 (was €36,844)
- Receivables within one year -€34,330
down €34,330 (-42.7%), from €80,437 to €46,106
of which Other amounts receivable: -€29,536
- Debts after one year -€25,564
no longer reported in 2025 (was €25,564)
- Profit (loss) carried forward -€25,202
down €25,202 (-60.5%), from €41,629 to €16,427
- Current portion of long-term debt -€9,942
no longer reported in 2025 (was €9,942)
- Trade debts -€6,783
down €6,783 (-97.6%), from €6,946 to €163
- Tax, wage and social debts -€4,332
down €4,332 (-45.4%), from €9,536 to €5,204
of which Remuneration and social security: -€3,081
- Turnover -€44,996
down €44,996 (-21.0%), from €214,185 to €169,188
- Purchases and services -€31,645
down €31,645 (-20.5%), from €154,571 to €122,926
- Staff costs +€20,077
up €20,077 (+49.3%), from €40,755 to €60,832
- Gross operating margin -€8,862
down €8,862 (-14.9%), from €59,614 to €50,752
- Financial charges -€2,531
down €2,531 (-43.3%), from €5,841 to €3,310
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 | €121,695 | €50,263 | -€71,432 | -58.7% |
| Fixed assets | 21/28 | €38,072 | €59 | -€38,013 | -99.8% |
| Tangible fixed assets | 22/27 | €36,844 | - | -€36,844 | |
| Other tangible fixed assets | 26 | €36,844 | - | -€36,844 | |
| Financial fixed assets | 28 | €1,228 | €59 | -€1,169 | -95.2% |
| Current assets | 29/58 | €83,623 | €50,204 | -€33,419 | -40.0% |
| Amounts receivable within one year | 40/41 | €80,437 | €46,106 | -€34,330 | -42.7% |
| Trade receivables | 40 | €13,569 | €8,774 | -€4,794 | -35.3% |
| Other amounts receivable | 41 | €66,868 | €37,332 | -€29,536 | -44.2% |
| Current investments | 50/53 | €30 | - | -€30 | |
| Cash at bank and in hand | 54/58 | €3,156 | €4,097 | +€941 | +29.8% |
| Total equity and liabilities | 10/49 | €121,695 | €50,263 | -€71,432 | -58.7% |
| Equity | 10/15 | €65,692 | €40,490 | -€25,202 | -38.4% |
| Contributions | 10/11 | €21,563 | €21,563 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,629 | €16,427 | -€25,202 | -60.5% |
| Amounts payable | 17/49 | €56,002 | €9,773 | -€46,230 | -82.5% |
| Amounts payable after more than one year | 17 | €25,564 | - | -€25,564 | |
| Financial debts | 170/4 | €25,564 | - | -€25,564 | |
| Amounts payable within one year | 42/48 | €26,425 | €5,368 | -€21,057 | -79.7% |
| Current portion of amounts payable after more than one year | 42 | €9,942 | - | -€9,942 | |
| Trade debts | 44 | €6,946 | €163 | -€6,783 | -97.6% |
| Suppliers | 440/4 | €6,946 | €163 | -€6,783 | -97.6% |
| Taxes, remuneration and social security | 45 | €9,536 | €5,204 | -€4,332 | -45.4% |
| Taxes | 450/3 | €3,848 | €2,598 | -€1,250 | -32.5% |
| Remuneration and social security | 454/9 | €5,688 | €2,606 | -€3,081 | -54.2% |
| Accrued charges and deferred income | 492/3 | €4,013 | €4,405 | +€392 | +9.8% |
| Turnover | 70 | €214,185 | €169,188 | -€44,996 | -21.0% |
| Non-recurring operating income | 76A | - | €4,490 | +€4,490 | |
| Goods, raw materials, services and sundry goods | 60/61 | €154,571 | €122,926 | -€31,645 | -20.5% |
| Remuneration, social security and pensions | 62 | €40,755 | €60,832 | +€20,077 | +49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,263 | €3,948 | -€1,316 | -25.0% |
| Other operating charges | 640/8 | €1,561 | €1,104 | -€457 | -29.3% |
| Non-recurring operating charges | 66A | - | €6,581 | +€6,581 | |
| Gross operating margin | 9900 | €59,614 | €50,752 | -€8,862 | -14.9% |
| Operating profit (loss) | 9901 | €12,036 | -€21,712 | -€33,748 | |
| Financial income | 75/76B | €97 | €162 | +€65 | +66.4% |
| Recurring financial income | 75 | €97 | €162 | +€65 | +66.4% |
| Financial charges | 65/66B | €5,841 | €3,310 | -€2,531 | -43.3% |
| Recurring financial charges | 65 | €5,841 | €3,310 | -€2,531 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €6,292 | -€24,860 | -€31,152 | |
| Income taxes | 67/77 | €2,255 | €342 | -€1,913 | -84.8% |
| Profit (loss) for the period | 9904 | €4,037 | -€25,202 | -€29,239 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,037 | -€25,202 | -€29,239 |
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 16 October 2026 via checked.be.