EL FERON: 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.
EL FERON
Largest movements
- Receivables within one year +€63,217
up €63,217 (+1,874%), from €3,374 to €66,590
of which Trade receivables: +€63,204
- Tangible fixed assets +€3,287
up €3,287 (+1,855%), from €177 to €3,464
of which Furniture and vehicles: +€3,336
- Cash -€2,791
down €2,791 (-91.8%), from €3,040 to €249
mainly Receivables within one year (-€63,217) and Net result for the year (-€43,713)
- Trade debts +€111,294
up €111,294 (+4,004%), from €2,779 to €114,073
- Profit (loss) carried forward -€43,713
down €43,713 (-192%), from -€22,825 to -€66,538
- Other debts -€7,963
down €7,963 (-73.0%), from €10,915 to €2,951
- Short-term financial debts +€5,071
new in 2024: €5,071
- Tax, wage and social debts -€1,631
down €1,631 (-17.7%), from €9,207 to €7,577
of which Taxes: -€1,631
- Other operating charges +€26,357
up €26,357 (+1,800%), from €1,464 to €27,821
- Gross operating margin -€14,893
down €14,893, from €348 to -€14,546
- Depreciation +€1,220
up €1,220 (+270%), from €451 to €1,671
- Financial income +€929
up €929 (+2,321,750%), from €0 to €929
- Financial charges -€202
down €202 (-25.1%), from €806 to €604
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,137 | €71,194 | +€63,058 | +775% |
| Fixed assets | 21/28 | €1,067 | €4,354 | +€3,287 | +308% |
| Tangible fixed assets | 22/27 | €177 | €3,464 | +€3,287 | +1,855% |
| Furniture and vehicles | 24 | €129 | €3,464 | +€3,336 | +2,588% |
| Other tangible fixed assets | 26 | €48 | - | -€48 | |
| Financial fixed assets | 28 | €890 | €890 | = | 0.0% |
| Current assets | 29/58 | €7,069 | €66,840 | +€59,771 | +845% |
| Amounts receivable within one year | 40/41 | €3,374 | €66,590 | +€63,217 | +1,874% |
| Trade receivables | 40 | €2,779 | €65,983 | +€63,204 | +2,274% |
| Other amounts receivable | 41 | €595 | €608 | +€13 | +2.2% |
| Cash at bank and in hand | 54/58 | €3,040 | €249 | -€2,791 | -91.8% |
| Deferred charges and accrued income | 490/1 | €655 | - | -€655 | |
| Total equity and liabilities | 10/49 | €8,137 | €71,194 | +€63,058 | +775% |
| Equity | 10/15 | -€14,765 | -€58,478 | -€43,713 | -296% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,825 | -€66,538 | -€43,713 | -192% |
| Amounts payable | 17/49 | €22,901 | €129,672 | +€106,771 | +466% |
| Amounts payable within one year | 42/48 | €22,901 | €129,672 | +€106,771 | +466% |
| Financial debts | 43 | - | €5,071 | +€5,071 | |
| Credit institutions | 430/8 | - | €5,071 | +€5,071 | |
| Trade debts | 44 | €2,779 | €114,073 | +€111,294 | +4,004% |
| Suppliers | 440/4 | €2,779 | €114,073 | +€111,294 | +4,004% |
| Taxes, remuneration and social security | 45 | €9,207 | €7,577 | -€1,631 | -17.7% |
| Taxes | 450/3 | €8,749 | €7,119 | -€1,631 | -18.6% |
| Remuneration and social security | 454/9 | €458 | €458 | = | 0.0% |
| Other amounts payable | 47/48 | €10,915 | €2,951 | -€7,963 | -73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451 | €1,671 | +€1,220 | +270% |
| Other operating charges | 640/8 | €1,464 | €27,821 | +€26,357 | +1,800% |
| Non-recurring operating charges | 66A | €6,381 | - | -€6,381 | |
| Gross operating margin | 9900 | €348 | -€14,546 | -€14,893 | |
| Operating profit (loss) | 9901 | -€7,948 | -€44,038 | -€36,090 | -454% |
| Financial income | 75/76B | €0 | €929 | +€929 | +2,321,750% |
| Recurring financial income | 75 | €0 | €929 | +€929 | +2,321,750% |
| Financial charges | 65/66B | €806 | €604 | -€202 | -25.1% |
| Recurring financial charges | 65 | €806 | €604 | -€202 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,754 | -€43,713 | -€34,959 | -399% |
| Profit (loss) for the period | 9904 | -€8,754 | -€43,713 | -€34,959 | -399% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,754 | -€43,713 | -€34,959 | -399% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.