FEVius: 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.
FEVius
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash +€31,996
up €31,996 (+23.8%), from €134,190 to €166,186
mainly Net result for the year (+€282,399) and Other debts (+€221,184)
- Tangible fixed assets -€11,143
down €11,143 (-23.6%), from €47,219 to €36,076
- Other debts +€221,184
up €221,184 (+280.8%), from €78,775 to €299,960
- Reserves -€52,601
down €52,601 (-61.3%), from €85,838 to €33,237
- Financial income +€15,864
up €15,864 (+6.4%), from €247,808 to €263,673
- Gross operating margin -€14,201
down €14,201 (-25.1%), from €56,642 to €42,441
- Depreciation +€2,649
up €2,649 (+31.2%), from €8,494 to €11,143
- Taxes -€2,251
down €2,251 (-26.5%), from €8,487 to €6,237
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 | €192,571 | €361,348 | +€168,777 | +87.6% |
| Fixed assets | 21/28 | €52,469 | €41,326 | -€11,143 | -21.2% |
| Tangible fixed assets | 22/27 | €47,219 | €36,076 | -€11,143 | -23.6% |
| Furniture and vehicles | 24 | €47,219 | €36,076 | -€11,143 | -23.6% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €140,102 | €320,021 | +€179,919 | +128.4% |
| Amounts receivable within one year | 40/41 | €4,013 | €1,763 | -€2,249 | -56.1% |
| Other amounts receivable | 41 | €4,013 | €1,763 | -€2,249 | -56.1% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €134,190 | €166,186 | +€31,996 | +23.8% |
| Deferred charges and accrued income | 490/1 | €1,899 | €2,072 | +€173 | +9.1% |
| Total equity and liabilities | 10/49 | €192,571 | €361,348 | +€168,777 | +87.6% |
| Equity | 10/15 | €104,388 | €51,787 | -€52,601 | -50.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €85,838 | €33,237 | -€52,601 | -61.3% |
| Distributable reserves | 133 | €85,838 | €33,237 | -€52,601 | -61.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €88,183 | €309,561 | +€221,378 | +251.0% |
| Amounts payable within one year | 42/48 | €87,183 | €308,561 | +€221,378 | +253.9% |
| Trade debts | 44 | €0 | €502 | +€502 | |
| Suppliers | 440/4 | €0 | €502 | +€502 | |
| Taxes, remuneration and social security | 45 | €8,408 | €8,099 | -€308 | -3.7% |
| Taxes | 450/3 | €5,503 | €5,194 | -€308 | -5.6% |
| Remuneration and social security | 454/9 | €2,905 | €2,905 | = | 0.0% |
| Other amounts payable | 47/48 | €78,775 | €299,960 | +€221,184 | +280.8% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | €11,500 | €0 | -€11,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,494 | €11,143 | +€2,649 | +31.2% |
| Other operating charges | 640/8 | €555 | €686 | +€131 | +23.5% |
| Gross operating margin | 9900 | €56,642 | €42,441 | -€14,201 | -25.1% |
| Operating profit (loss) | 9901 | €47,593 | €30,613 | -€16,981 | -35.7% |
| Financial income | 75/76B | €247,808 | €263,673 | +€15,864 | +6.4% |
| Recurring financial income | 75 | €247,808 | €263,673 | +€15,864 | +6.4% |
| Financial charges | 65/66B | €5,760 | €5,650 | -€111 | -1.9% |
| Recurring financial charges | 65 | €5,760 | €5,650 | -€111 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €289,642 | €288,636 | -€1,006 | -0.3% |
| Income taxes | 67/77 | €8,487 | €6,237 | -€2,251 | -26.5% |
| Profit (loss) for the period | 9904 | €281,154 | €282,399 | +€1,245 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €281,154 | €282,399 | +€1,245 | +0.4% |
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 29 September 2026 via checked.be.