Fewa: 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.
Fewa
Largest movements
- Cash +€34,319
up €34,319 (+181%), from €19,001 to €53,320
mainly Net result for the year (+€12,755) and Tax, wage and social debts (+€10,207)
- Receivables within one year -€7,421
down €7,421 (-22.5%), from €33,011 to €25,590
of which Trade receivables: -€4,550
- Tangible fixed assets +€5,203
up €5,203 (+1,187%), from €438 to €5,641
of which Furniture and vehicles: +€3,094
- Stocks and contracts -€1,156
down €1,156 (-40.2%), from €2,872 to €1,716
- Profit (loss) carried forward +€12,755
up €12,755, from -€8,882 to €3,873
- Tax, wage and social debts +€10,207
up €10,207 (+39.0%), from €26,152 to €36,358
of which Remuneration and social security: +€5,812
- Trade debts +€9,912
up €9,912 (+76.6%), from €12,933 to €22,845
- Other debts -€2,151
down €2,151 (-69.6%), from €3,092 to €941
- Staff costs +€31,000
up €31,000 (+15.0%), from €207,059 to €238,060
- Gross operating margin +€20,218
up €20,218 (+8.4%), from €241,871 to €262,089
- Taxes +€4,492
up €4,492 (+173%), from €2,600 to €7,092
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 | €60,111 | €90,834 | +€30,723 | +51.1% |
| Fixed assets | 21/28 | €2,938 | €8,141 | +€5,203 | +177% |
| Tangible fixed assets | 22/27 | €438 | €5,641 | +€5,203 | +1,187% |
| Plant, machinery and equipment | 23 | €438 | €2,547 | +€2,109 | +481% |
| Furniture and vehicles | 24 | - | €3,094 | +€3,094 | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €57,172 | €82,693 | +€25,521 | +44.6% |
| Stocks and contracts in progress | 3 | €2,872 | €1,716 | -€1,156 | -40.2% |
| Stocks | 30/36 | €2,872 | €1,716 | -€1,156 | -40.2% |
| Amounts receivable within one year | 40/41 | €33,011 | €25,590 | -€7,421 | -22.5% |
| Trade receivables | 40 | €29,500 | €24,950 | -€4,550 | -15.4% |
| Other amounts receivable | 41 | €3,511 | €640 | -€2,871 | -81.8% |
| Cash at bank and in hand | 54/58 | €19,001 | €53,320 | +€34,319 | +181% |
| Deferred charges and accrued income | 490/1 | €2,289 | €2,067 | -€222 | -9.7% |
| Total equity and liabilities | 10/49 | €60,111 | €90,834 | +€30,723 | +51.1% |
| Equity | 10/15 | €17,935 | €30,690 | +€12,755 | +71.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,617 | €20,617 | = | 0.0% |
| Distributable reserves | 133 | €20,617 | €20,617 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,882 | €3,873 | +€12,755 | |
| Amounts payable | 17/49 | €42,176 | €60,144 | +€17,968 | +42.6% |
| Amounts payable within one year | 42/48 | €42,176 | €60,144 | +€17,968 | +42.6% |
| Trade debts | 44 | €12,933 | €22,845 | +€9,912 | +76.6% |
| Suppliers | 440/4 | €12,933 | €22,845 | +€9,912 | +76.6% |
| Taxes, remuneration and social security | 45 | €26,152 | €36,358 | +€10,207 | +39.0% |
| Taxes | 450/3 | €2,732 | €7,127 | +€4,395 | +161% |
| Remuneration and social security | 454/9 | €23,420 | €29,232 | +€5,812 | +24.8% |
| Other amounts payable | 47/48 | €3,092 | €941 | -€2,151 | -69.6% |
| Remuneration, social security and pensions | 62 | €207,059 | €238,060 | +€31,000 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86 | €1,252 | +€1,166 | +1,362% |
| Other operating charges | 640/8 | €3,750 | €3,094 | -€656 | -17.5% |
| Gross operating margin | 9900 | €241,871 | €262,089 | +€20,218 | +8.4% |
| Operating profit (loss) | 9901 | €30,975 | €19,683 | -€11,292 | -36.5% |
| Financial income | 75/76B | €13 | €181 | +€167 | +1,248% |
| Recurring financial income | 75 | €13 | €181 | +€167 | +1,248% |
| Financial charges | 65/66B | €56 | €16 | -€40 | -71.1% |
| Recurring financial charges | 65 | €56 | €16 | -€40 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | €30,933 | €19,848 | -€11,085 | -35.8% |
| Income taxes | 67/77 | €2,600 | €7,092 | +€4,492 | +173% |
| Profit (loss) for the period | 9904 | €28,333 | €12,755 | -€15,577 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,333 | €12,755 | -€15,577 | -55.0% |
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 24 October 2026 via checked.be.