FEANOSC: 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.
FEANOSC
Largest movements
- Current investments -€100,000
down €100,000 (-66.7%), from €150,000 to €50,000
- Cash +€43,345
up €43,345 (+90.5%), from €47,883 to €91,227
mainly Current investments (+€100,000) and Net result for the year (+€53,344)
- Reserves -€48,800
down €48,800 (-37.2%), from €131,100 to €82,300
- Other debts -€7,379
down €7,379 (-11.8%), from €62,723 to €55,344
- Tax, wage and social debts -€3,891
down €3,891 (-31.1%), from €12,524 to €8,633
- Trade debts +€2,531
up €2,531 (+1316.1%), from €192 to €2,723
- Taxes -€5,400
down €5,400 (-22.6%), from €23,898 to €18,498
- Financial income -€2,075
down €2,075 (-48.1%), from €4,318 to €2,243
- Gross operating margin +€746
up €746 (+1.1%), from €70,446 to €71,191
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 | €208,878 | €151,453 | -€57,425 | -27.5% |
| Fixed assets | 21/28 | €1,057 | €1,458 | +€401 | +38.0% |
| Tangible fixed assets | 22/27 | €1,057 | €1,458 | +€401 | +38.0% |
| Furniture and vehicles | 24 | €1,057 | - | -€1,057 | |
| Other tangible fixed assets | 26 | - | €1,458 | +€1,458 | |
| Current assets | 29/58 | €207,821 | €149,995 | -€57,826 | -27.8% |
| Amounts receivable within one year | 40/41 | €9,918 | €8,652 | -€1,266 | -12.8% |
| Trade receivables | 40 | €9,918 | €8,652 | -€1,266 | -12.8% |
| Current investments | 50/53 | €150,000 | €50,000 | -€100,000 | -66.7% |
| Cash at bank and in hand | 54/58 | €47,883 | €91,227 | +€43,345 | +90.5% |
| Deferred charges and accrued income | 490/1 | €20 | €116 | +€96 | +480.5% |
| Total equity and liabilities | 10/49 | €208,878 | €151,453 | -€57,425 | -27.5% |
| Equity | 10/15 | €133,439 | €84,300 | -€49,139 | -36.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €131,100 | €82,300 | -€48,800 | -37.2% |
| Distributable reserves | 133 | €131,100 | €82,300 | -€48,800 | -37.2% |
| Profit (loss) carried forward | 14 | €339 | - | -€339 | |
| Amounts payable | 17/49 | €75,439 | €67,153 | -€8,285 | -11.0% |
| Amounts payable within one year | 42/48 | €75,439 | €66,700 | -€8,738 | -11.6% |
| Trade debts | 44 | €192 | €2,723 | +€2,531 | +1316.1% |
| Suppliers | 440/4 | €192 | €2,723 | +€2,531 | +1316.1% |
| Taxes, remuneration and social security | 45 | €12,524 | €8,633 | -€3,891 | -31.1% |
| Taxes | 450/3 | €12,524 | €8,633 | -€3,891 | -31.1% |
| Other amounts payable | 47/48 | €62,723 | €55,344 | -€7,379 | -11.8% |
| Accrued charges and deferred income | 492/3 | - | €453 | +€453 | |
| Remuneration, social security and pensions | 62 | €47 | - | -€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,363 | €1,103 | -€260 | -19.1% |
| Other operating charges | 640/8 | €473 | €400 | -€73 | -15.4% |
| Gross operating margin | 9900 | €70,446 | €71,191 | +€746 | +1.1% |
| Operating profit (loss) | 9901 | €68,563 | €69,688 | +€1,126 | +1.6% |
| Financial income | 75/76B | €4,318 | €2,243 | -€2,075 | -48.1% |
| Recurring financial income | 75 | €4,318 | €2,243 | -€2,075 | -48.1% |
| Financial charges | 65/66B | €87 | €89 | +€2 | +2.2% |
| Recurring financial charges | 65 | €87 | €89 | +€2 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €72,794 | €71,843 | -€951 | -1.3% |
| Income taxes | 67/77 | €23,898 | €18,498 | -€5,400 | -22.6% |
| Profit (loss) for the period | 9904 | €48,896 | €53,344 | +€4,449 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,896 | €53,344 | +€4,449 | +9.1% |
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 1 October 2026 via checked.be.