FEAT CONSULT: 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.
FEAT CONSULT
Largest movements
- Cash +€15,708
up €15,708 (+53.0%), from €29,620 to €45,328
mainly Other debts (+€141,195) and Trade debts (+€11,319)
- Receivables within one year +€12,712
up €12,712 (+31.7%), from €40,052 to €52,765
of which Trade receivables: +€16,633
- Other debts +€141,195
up €141,195 (+568%), from €24,870 to €166,065
- Reserves -€107,000
down €107,000 (-100%), from €107,000 to €0
- Debts after one year -€16,066
down €16,066 (-8.0%), from €201,651 to €185,585
- Trade debts +€11,319
up €11,319 (+186%), from €6,087 to €17,406
- Tax, wage and social debts -€4,588
down €4,588 (-98.8%), from €4,644 to €56
of which Taxes: -€4,300
- Gross operating margin -€14,555
down €14,555 (-17.6%), from €82,743 to €68,189
- Financial charges +€4,708
up €4,708 (+10.2%), from €46,365 to €51,072
- Depreciation -€4,417
down €4,417 (-54.5%), from €8,105 to €3,688
- Taxes -€3,739
down €3,739 (-55.1%), from €6,790 to €3,051
- Other operating charges +€2,412
up €2,412 (+86.2%), from €2,799 to €5,211
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 | €379,880 | €405,494 | +€25,614 | +6.7% |
| Fixed assets | 21/28 | €309,143 | €306,239 | -€2,904 | -0.9% |
| Tangible fixed assets | 22/27 | €309,143 | €306,239 | -€2,904 | -0.9% |
| Furniture and vehicles | 24 | €1,116 | €898 | -€218 | -19.6% |
| Other tangible fixed assets | 26 | €308,027 | €305,342 | -€2,685 | -0.9% |
| Current assets | 29/58 | €70,738 | €99,255 | +€28,518 | +40.3% |
| Amounts receivable within one year | 40/41 | €40,052 | €52,765 | +€12,712 | +31.7% |
| Trade receivables | 40 | €24,057 | €40,691 | +€16,633 | +69.1% |
| Other amounts receivable | 41 | €15,995 | €12,074 | -€3,921 | -24.5% |
| Cash at bank and in hand | 54/58 | €29,620 | €45,328 | +€15,708 | +53.0% |
| Deferred charges and accrued income | 490/1 | €1,065 | €1,162 | +€97 | +9.1% |
| Total equity and liabilities | 10/49 | €379,880 | €405,494 | +€25,614 | +6.7% |
| Equity | 10/15 | €125,600 | €18,600 | -€107,000 | -85.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,000 | €0 | -€107,000 | -100% |
| Distributable reserves | 133 | €107,000 | €0 | -€107,000 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €254,280 | €386,894 | +€132,614 | +52.2% |
| Amounts payable after more than one year | 17 | €201,651 | €185,585 | -€16,066 | -8.0% |
| Financial debts | 170/4 | €201,651 | €185,585 | -€16,066 | -8.0% |
| Amounts payable within one year | 42/48 | €52,604 | €200,916 | +€148,312 | +282% |
| Current portion of amounts payable after more than one year | 42 | €17,003 | €17,389 | +€387 | +2.3% |
| Trade debts | 44 | €6,087 | €17,406 | +€11,319 | +186% |
| Suppliers | 440/4 | €6,087 | €17,406 | +€11,319 | +186% |
| Taxes, remuneration and social security | 45 | €4,644 | €56 | -€4,588 | -98.8% |
| Taxes | 450/3 | €4,300 | €0 | -€4,300 | -100% |
| Remuneration and social security | 454/9 | €344 | €56 | -€288 | -83.7% |
| Other amounts payable | 47/48 | €24,870 | €166,065 | +€141,195 | +568% |
| Accrued charges and deferred income | 492/3 | €25 | €393 | +€368 | +1,469% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,105 | €3,688 | -€4,417 | -54.5% |
| Other operating charges | 640/8 | €2,799 | €5,211 | +€2,412 | +86.2% |
| Gross operating margin | 9900 | €82,743 | €68,189 | -€14,555 | -17.6% |
| Operating profit (loss) | 9901 | €71,840 | €59,290 | -€12,550 | -17.5% |
| Financial income | 75/76B | €25 | €180 | +€154 | +609% |
| Recurring financial income | 75 | €25 | €180 | +€154 | +609% |
| Financial charges | 65/66B | €46,365 | €51,072 | +€4,708 | +10.2% |
| Recurring financial charges | 65 | €46,365 | €51,072 | +€4,708 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €25,500 | €8,397 | -€17,103 | -67.1% |
| Income taxes | 67/77 | €6,790 | €3,051 | -€3,739 | -55.1% |
| Profit (loss) for the period | 9904 | €18,711 | €5,346 | -€13,364 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,711 | €5,346 | -€13,364 | -71.4% |
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 14 October 2026 via checked.be.