FESSIA: 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.
FESSIA
Largest movements
- Tangible fixed assets +€53,951
up €53,951 (+78.8%), from €68,509 to €122,460
of which Furniture and vehicles: +€103,525
- Cash -€24,873
down €24,873 (-13.3%), from €186,475 to €161,602
mainly Investment in fixed assets (net) (-€94,528) and Trade debts (-€26,033)
- Stocks and contracts +€12,000
new in 2025: €12,000
- Profit (loss) carried forward +€45,525
up €45,525 (+32.5%), from €139,919 to €185,444
- Trade debts -€26,033
down €26,033 (-96.2%), from €27,066 to €1,033
- Current portion of long-term debt +€18,956
new in 2025: €18,956
- Debts after one year +€4,516
new in 2025: €4,516
- Gross operating margin +€184,734
new in 2025: €184,734
- Staff costs +€116,410
new in 2025: €116,410
- Depreciation +€40,577
new in 2025: €40,577
- Taxes +€4,745
new in 2025: €4,745
- Financial charges +€2,856
new in 2025: €2,856
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €257,301 | €297,852 | +€40,551 | +15.8% |
| Fixed assets | 21/28 | €68,509 | €122,460 | +€53,951 | +78.8% |
| Tangible fixed assets | 22/27 | €68,509 | €122,460 | +€53,951 | +78.8% |
| Plant, machinery and equipment | 23 | €59,452 | €6,477 | -€52,975 | -89.1% |
| Furniture and vehicles | 24 | €9,057 | €112,582 | +€103,525 | +1143.0% |
| Other tangible fixed assets | 26 | - | €3,401 | +€3,401 | |
| Current assets | 29/58 | €188,792 | €175,392 | -€13,400 | -7.1% |
| Stocks and contracts in progress | 3 | - | €12,000 | +€12,000 | |
| Stocks | 30/36 | - | €12,000 | +€12,000 | |
| Amounts receivable within one year | 40/41 | €2,317 | €760 | -€1,557 | -67.2% |
| Trade receivables | 40 | €2,317 | - | -€2,317 | |
| Other amounts receivable | 41 | - | €760 | +€760 | |
| Cash at bank and in hand | 54/58 | €186,475 | €161,602 | -€24,873 | -13.3% |
| Deferred charges and accrued income | 490/1 | - | €1,030 | +€1,030 | |
| Total equity and liabilities | 10/49 | €257,301 | €297,852 | +€40,551 | +15.8% |
| Equity | 10/15 | €172,961 | €218,486 | +€45,525 | +26.3% |
| Contributions | 10/11 | €24,789 | €24,789 | +€0 | 0.0% |
| Reserves | 13 | €8,253 | €8,253 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | -€0 | 0.0% |
| Distributable reserves | 133 | €5,774 | €5,774 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €139,919 | €185,444 | +€45,525 | +32.5% |
| Amounts payable | 17/49 | €84,340 | €79,366 | -€4,974 | -5.9% |
| Amounts payable after more than one year | 17 | - | €4,516 | +€4,516 | |
| Financial debts | 170/4 | - | €4,516 | +€4,516 | |
| Amounts payable within one year | 42/48 | €84,340 | €74,850 | -€9,490 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | - | €18,956 | +€18,956 | |
| Trade debts | 44 | €27,066 | €1,033 | -€26,033 | -96.2% |
| Suppliers | 440/4 | €27,066 | €1,033 | -€26,033 | -96.2% |
| Taxes, remuneration and social security | 45 | €56,419 | €54,860 | -€1,559 | -2.8% |
| Taxes | 450/3 | €49,879 | €26,711 | -€23,168 | -46.4% |
| Remuneration and social security | 454/9 | €6,540 | €28,149 | +€21,609 | +330.4% |
| Other amounts payable | 47/48 | €855 | - | -€855 | |
| Remuneration, social security and pensions | 62 | - | €116,410 | +€116,410 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €40,577 | +€40,577 | |
| Other operating charges | 640/8 | - | €562 | +€562 | |
| Gross operating margin | 9900 | - | €184,734 | +€184,734 | |
| Operating profit (loss) | 9901 | - | €27,185 | +€27,185 | |
| Financial charges | 65/66B | - | €2,856 | +€2,856 | |
| Recurring financial charges | 65 | - | €2,856 | +€2,856 | |
| Profit (loss) for the period before taxes | 9903 | - | €24,329 | +€24,329 | |
| Income taxes | 67/77 | - | €4,745 | +€4,745 | |
| Profit (loss) for the period | 9904 | - | €19,585 | +€19,585 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €19,585 | +€19,585 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.