FEBE: 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.
FEBE
Largest movements
- Cash +€25,549
up €25,549 (+82.4%), from €31,023 to €56,572
mainly Receivables within one year (+€21,150) and Depreciation (+€14,830)
- Receivables within one year -€21,150
down €21,150 (-35.9%), from €58,945 to €37,795
of which Trade receivables: -€19,808
- Tangible fixed assets -€5,081
down €5,081 (-2.2%), from €231,288 to €226,207
of which Land and buildings: -€2,919
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€22,655
down €22,655 (-51.5%), from €43,954 to €21,300
- Taxes -€7,416
down €7,416 (-85.8%), from €8,643 to €1,226
- Financial charges +€789
up €789 (+92.6%), from €852 to €1,640
- Depreciation -€749
down €749 (-4.8%), from €15,579 to €14,830
- Other operating charges -€486
down €486 (-19.5%), from €2,487 to €2,001
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.
Cash bridge derived
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 | €323,397 | €321,666 | -€1,732 | -0.5% |
| Fixed assets | 21/28 | €231,288 | €226,207 | -€5,081 | -2.2% |
| Tangible fixed assets | 22/27 | €231,288 | €226,207 | -€5,081 | -2.2% |
| Land and buildings | 22 | €192,812 | €189,893 | -€2,919 | -1.5% |
| Plant, machinery and equipment | 23 | €23,532 | €23,041 | -€491 | -2.1% |
| Furniture and vehicles | 24 | €14,945 | €13,273 | -€1,671 | -11.2% |
| Current assets | 29/58 | €92,109 | €95,459 | +€3,350 | +3.6% |
| Amounts receivable within one year | 40/41 | €58,945 | €37,795 | -€21,150 | -35.9% |
| Trade receivables | 40 | €53,945 | €34,137 | -€19,808 | -36.7% |
| Other amounts receivable | 41 | €5,000 | €3,658 | -€1,342 | -26.8% |
| Cash at bank and in hand | 54/58 | €31,023 | €56,572 | +€25,549 | +82.4% |
| Deferred charges and accrued income | 490/1 | €2,141 | €1,091 | -€1,050 | -49.0% |
| Total equity and liabilities | 10/49 | €323,397 | €321,666 | -€1,732 | -0.5% |
| Equity | 10/15 | €219,870 | €221,472 | +€1,602 | +0.7% |
| Contributions | 10/11 | €148,000 | €148,000 | = | 0.0% |
| Reserves | 13 | €16,475 | €18,077 | +€1,602 | +9.7% |
| Distributable reserves | 133 | €16,475 | €18,077 | +€1,602 | +9.7% |
| Profit (loss) carried forward | 14 | €55,396 | €55,396 | = | 0.0% |
| Provisions and deferred taxes | 16 | €2,803 | €2,803 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,803 | €2,803 | = | 0.0% |
| Environmental obligations | 163 | €2,803 | €2,803 | = | 0.0% |
| Amounts payable | 17/49 | €100,724 | €97,390 | -€3,334 | -3.3% |
| Amounts payable within one year | 42/48 | €100,592 | €97,390 | -€3,201 | -3.2% |
| Trade debts | 44 | €1,180 | €461 | -€719 | -60.9% |
| Suppliers | 440/4 | €1,180 | €461 | -€719 | -60.9% |
| Other amounts payable | 47/48 | €99,412 | €96,929 | -€2,483 | -2.5% |
| Accrued charges and deferred income | 492/3 | €132 | - | -€132 | |
| Non-recurring operating income | 76A | €11,760 | - | -€11,760 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,579 | €14,830 | -€749 | -4.8% |
| Other operating charges | 640/8 | €2,487 | €2,001 | -€486 | -19.5% |
| Gross operating margin | 9900 | €43,954 | €21,300 | -€22,655 | -51.5% |
| Operating profit (loss) | 9901 | €25,889 | €4,469 | -€21,420 | -82.7% |
| Financial income | 75/76B | €80 | - | -€80 | |
| Recurring financial income | 75 | €80 | - | -€80 | |
| Financial charges | 65/66B | €852 | €1,640 | +€789 | +92.6% |
| Recurring financial charges | 65 | €852 | €1,640 | +€789 | +92.6% |
| Profit (loss) for the period before taxes | 9903 | €25,117 | €2,828 | -€22,289 | -88.7% |
| Income taxes | 67/77 | €8,643 | €1,226 | -€7,416 | -85.8% |
| Profit (loss) for the period | 9904 | €16,475 | €1,602 | -€14,872 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,475 | €1,602 | -€14,872 | -90.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.