FEBEC: 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.
FEBEC
Largest movements
- Tangible fixed assets -€28,617
down €28,617 (-7.3%), from €391,995 to €363,378
of which Land and buildings: -€18,422
- Receivables within one year +€20,379
up €20,379 (+251.7%), from €8,096 to €28,474
of which Trade receivables: +€20,247
- Debts after one year -€19,694
down €19,694 (-16.9%), from €116,667 to €96,974
- Other debts +€5,730
up €5,730 (+2.1%), from €271,959 to €277,689
- Profit (loss) carried forward +€5,163
up €5,163 (+9.3%), from -€55,389 to -€50,227
- Gross operating margin +€31,667
up €31,667 (+155.8%), from €20,326 to €51,993
- Financial charges +€12,975
up €12,975 (+308.8%), from €4,201 to €17,176
- Other operating charges -€2,672
down €2,672 (-72.1%), from €3,708 to €1,036
- Depreciation -€718
down €718 (-2.4%), from €29,335 to €28,617
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 | €403,004 | €394,568 | -€8,436 | -2.1% |
| Fixed assets | 21/28 | €391,995 | €363,378 | -€28,617 | -7.3% |
| Tangible fixed assets | 22/27 | €391,995 | €363,378 | -€28,617 | -7.3% |
| Land and buildings | 22 | €355,619 | €337,197 | -€18,422 | -5.2% |
| Plant, machinery and equipment | 23 | €35,960 | €26,181 | -€9,779 | -27.2% |
| Furniture and vehicles | 24 | €416 | - | -€416 | |
| Current assets | 29/58 | €11,009 | €31,190 | +€20,181 | +183.3% |
| Amounts receivable within one year | 40/41 | €8,096 | €28,474 | +€20,379 | +251.7% |
| Trade receivables | 40 | €7,353 | €27,600 | +€20,247 | +275.3% |
| Other amounts receivable | 41 | €742 | €874 | +€132 | +17.8% |
| Cash at bank and in hand | 54/58 | €2,913 | €2,679 | -€233 | -8.0% |
| Deferred charges and accrued income | 490/1 | - | €36 | +€36 | |
| Total equity and liabilities | 10/49 | €403,004 | €394,568 | -€8,436 | -2.1% |
| Equity | 10/15 | -€4,952 | €211 | +€5,163 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €438 | €438 | = | 0.0% |
| Distributable reserves | 133 | €438 | €438 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,389 | -€50,227 | +€5,163 | +9.3% |
| Amounts payable | 17/49 | €407,956 | €394,357 | -€13,599 | -3.3% |
| Amounts payable after more than one year | 17 | €116,667 | €96,974 | -€19,694 | -16.9% |
| Financial debts | 170/4 | €116,667 | €96,974 | -€19,694 | -16.9% |
| Amounts payable within one year | 42/48 | €291,288 | €297,383 | +€6,095 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €19,152 | €19,694 | +€542 | +2.8% |
| Trade debts | 44 | €176 | - | -€176 | |
| Suppliers | 440/4 | €176 | - | -€176 | |
| Other amounts payable | 47/48 | €271,959 | €277,689 | +€5,730 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,335 | €28,617 | -€718 | -2.4% |
| Other operating charges | 640/8 | €3,708 | €1,036 | -€2,672 | -72.1% |
| Gross operating margin | 9900 | €20,326 | €51,993 | +€31,667 | +155.8% |
| Operating profit (loss) | 9901 | -€12,717 | €22,339 | +€35,056 | |
| Financial charges | 65/66B | €4,201 | €17,176 | +€12,975 | +308.8% |
| Recurring financial charges | 65 | €4,201 | €17,176 | +€12,975 | +308.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,918 | €5,163 | +€22,081 | |
| Profit (loss) for the period | 9904 | -€16,918 | €5,163 | +€22,081 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,918 | €5,163 | +€22,081 |
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 5 October 2026 via checked.be.