b(u)yFeryn@be: what changed
b(u)yFeryn@be
Largest movements
- Tangible fixed assets -€13,046
down €13,046 (-42.4%), from €30,793 to €17,747
of which Furniture and vehicles: -€12,782
- Cash +€7,183
up €7,183 (+17.9%), from €40,236 to €47,419
mainly Depreciation (+€11,644) and Investment in fixed assets (net) (+€1,402)
- Receivables within one year -€1,042
down €1,042 (-4.6%), from €22,441 to €21,399
of which Other amounts receivable: -€1,757
- Profit (loss) carried forward -€6,583
down €6,583 (-15.7%), from -€41,819 to -€48,402
- Gross operating margin +€29,255
up €29,255, from -€22,485 to €6,770
- Depreciation -€6,417
down €6,417 (-35.5%), from €18,062 to €11,644
- Taxes +€948
up €948 (+337%), from €281 to €1,229
- Other operating charges -€514
down €514 (-59.9%), from €858 to €344
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,605 | €86,701 | -€6,904 | -7.4% |
| Fixed assets | 21/28 | €30,793 | €17,747 | -€13,046 | -42.4% |
| Tangible fixed assets | 22/27 | €30,793 | €17,747 | -€13,046 | -42.4% |
| Plant, machinery and equipment | 23 | €567 | €303 | -€264 | -46.6% |
| Furniture and vehicles | 24 | €30,226 | €17,444 | -€12,782 | -42.3% |
| Current assets | 29/58 | €62,812 | €68,954 | +€6,142 | +9.8% |
| Amounts receivable within one year | 40/41 | €22,441 | €21,399 | -€1,042 | -4.6% |
| Trade receivables | 40 | €20,557 | €21,271 | +€714 | +3.5% |
| Other amounts receivable | 41 | €1,885 | €128 | -€1,757 | -93.2% |
| Cash at bank and in hand | 54/58 | €40,236 | €47,419 | +€7,183 | +17.9% |
| Deferred charges and accrued income | 490/1 | €134 | €135 | +€1 | +0.7% |
| Total equity and liabilities | 10/49 | €93,605 | €86,701 | -€6,904 | -7.4% |
| Equity | 10/15 | €89,863 | €83,280 | -€6,583 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,082 | €113,082 | = | 0.0% |
| Distributable reserves | 133 | €113,082 | €113,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,819 | -€48,402 | -€6,583 | -15.7% |
| Amounts payable | 17/49 | €3,742 | €3,420 | -€322 | -8.6% |
| Amounts payable within one year | 42/48 | €3,742 | €3,420 | -€322 | -8.6% |
| Trade debts | 44 | €953 | €74 | -€879 | -92.2% |
| Suppliers | 440/4 | €953 | €74 | -€879 | -92.2% |
| Taxes, remuneration and social security | 45 | €281 | €219 | -€63 | -22.3% |
| Taxes | 450/3 | €281 | €219 | -€63 | -22.3% |
| Other amounts payable | 47/48 | €2,507 | €3,128 | +€620 | +24.7% |
| Non-recurring operating income | 76A | - | €14,604 | +€14,604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,062 | €11,644 | -€6,417 | -35.5% |
| Other operating charges | 640/8 | €858 | €344 | -€514 | -59.9% |
| Gross operating margin | 9900 | -€22,485 | €6,770 | +€29,255 | |
| Operating profit (loss) | 9901 | -€41,405 | -€5,219 | +€36,186 | +87.4% |
| Financial charges | 65/66B | €133 | €134 | +€1 | +1.0% |
| Recurring financial charges | 65 | €133 | €134 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€41,538 | -€5,353 | +€36,184 | +87.1% |
| Income taxes | 67/77 | €281 | €1,229 | +€948 | +337% |
| Profit (loss) for the period | 9904 | -€41,819 | -€6,583 | +€35,236 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,819 | -€6,583 | +€35,236 | +84.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.