FE TECHNICS: 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.
FE TECHNICS
Largest movements
- Tangible fixed assets +€36,791
up €36,791 (+668.8%), from €5,501 to €42,292
of which Plant, machinery and equipment: +€20,296
- Cash +€9,264
up €9,264 (+87.0%), from €10,642 to €19,906
mainly Debts after one year (+€13,572) and Net result for the year (+€11,732)
- Debts after one year +€13,572
new in 2025: €13,572
- Reserves +€11,732
up €11,732 (+45.9%), from €25,582 to €37,314
- Trade debts +€7,872
new in 2025: €7,872
- Current portion of long-term debt +€7,387
up €7,387 (+1463.2%), from €505 to €7,892
- Tax, wage and social debts +€6,046
up €6,046 (+277.6%), from €2,178 to €8,223
of which Remuneration and social security: +€4,010
- Gross operating margin +€7,366
up €7,366 (+39.0%), from €18,894 to €26,260
- Depreciation +€4,554
up €4,554 (+277.2%), from €1,643 to €6,197
- Taxes +€1,546
up €1,546 (+40.8%), from €3,787 to €5,332
- Other operating charges +€577
up €577 (+49.5%), from €1,165 to €1,742
- Financial charges +€541
up €541 (+59.6%), from €909 to €1,450
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 | €39,431 | €84,874 | +€45,443 | +115.2% |
| Fixed assets | 21/28 | €5,556 | €42,357 | +€36,801 | +662.4% |
| Tangible fixed assets | 22/27 | €5,501 | €42,292 | +€36,791 | +668.8% |
| Plant, machinery and equipment | 23 | €2,027 | €22,323 | +€20,296 | +1001.4% |
| Furniture and vehicles | 24 | - | €17,530 | +€17,530 | |
| Other tangible fixed assets | 26 | €3,474 | €2,439 | -€1,035 | -29.8% |
| Financial fixed assets | 28 | €55 | €65 | +€10 | +17.9% |
| Current assets | 29/58 | €33,875 | €42,517 | +€8,642 | +25.5% |
| Amounts receivable within one year | 40/41 | €22,144 | €21,951 | -€194 | -0.9% |
| Trade receivables | 40 | €12,725 | €20,342 | +€7,617 | +59.9% |
| Other amounts receivable | 41 | €9,419 | €1,609 | -€7,810 | -82.9% |
| Cash at bank and in hand | 54/58 | €10,642 | €19,906 | +€9,264 | +87.0% |
| Deferred charges and accrued income | 490/1 | €1,088 | €660 | -€429 | -39.4% |
| Total equity and liabilities | 10/49 | €39,431 | €84,874 | +€45,443 | +115.2% |
| Equity | 10/15 | €35,582 | €47,314 | +€11,732 | +33.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €25,582 | €37,314 | +€11,732 | +45.9% |
| Distributable reserves | 133 | €25,582 | €37,314 | +€11,732 | +45.9% |
| Amounts payable | 17/49 | €3,849 | €37,559 | +€33,711 | +875.9% |
| Amounts payable after more than one year | 17 | - | €13,572 | +€13,572 | |
| Financial debts | 170/4 | - | €13,572 | +€13,572 | |
| Amounts payable within one year | 42/48 | €3,849 | €23,987 | +€20,138 | +523.3% |
| Current portion of amounts payable after more than one year | 42 | €505 | €7,892 | +€7,387 | +1463.2% |
| Trade debts | 44 | - | €7,872 | +€7,872 | |
| Suppliers | 440/4 | - | €7,872 | +€7,872 | |
| Taxes, remuneration and social security | 45 | €2,178 | €8,223 | +€6,046 | +277.6% |
| Taxes | 450/3 | €2,087 | €4,123 | +€2,036 | +97.6% |
| Remuneration and social security | 454/9 | €91 | €4,100 | +€4,010 | +4423.9% |
| Other amounts payable | 47/48 | €1,166 | - | -€1,166 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,643 | €6,197 | +€4,554 | +277.2% |
| Other operating charges | 640/8 | €1,165 | €1,742 | +€577 | +49.5% |
| Non-recurring operating charges | 66A | €2,872 | - | -€2,872 | |
| Gross operating margin | 9900 | €18,894 | €26,260 | +€7,366 | +39.0% |
| Operating profit (loss) | 9901 | €13,214 | €18,322 | +€5,108 | +38.7% |
| Financial income | 75/76B | €506 | €193 | -€313 | -61.8% |
| Recurring financial income | 75 | €506 | €193 | -€313 | -61.8% |
| Financial charges | 65/66B | €909 | €1,450 | +€541 | +59.6% |
| Recurring financial charges | 65 | €909 | €1,450 | +€541 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | €12,811 | €17,065 | +€4,254 | +33.2% |
| Income taxes | 67/77 | €3,787 | €5,332 | +€1,546 | +40.8% |
| Profit (loss) for the period | 9904 | €9,024 | €11,732 | +€2,708 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,024 | €11,732 | +€2,708 | +30.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.