Fébesthoff: 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.
Fébesthoff
Largest movements
- Tangible fixed assets -€18,358
down €18,358 (-25.6%), from €71,698 to €53,340
- Receivables within one year +€4,272
up €4,272 (+150.3%), from €2,842 to €7,114
of which Trade receivables: +€5,864
- Stocks and contracts +€2,276
up €2,276 (+21.5%), from €10,590 to €12,866
of which Stocks: +€2,016
- Profit (loss) carried forward -€13,198
down €13,198 (-96.3%), from -€13,701 to -€26,899
- Debts after one year -€9,266
down €9,266 (-30.9%), from €29,988 to €20,722
- Other debts +€6,490
up €6,490 (+13.5%), from €48,221 to €54,711
- Tax, wage and social debts +€5,477
new in 2025: €5,477
- Contributions +€3,000
new in 2025: €3,000
- Staff costs -€4,367
down €4,367 (-71.6%), from €6,096 to €1,729
- Gross operating margin -€4,239
down €4,239 (-27.9%), from €15,188 to €10,949
- Financial charges -€1,420
down €1,420 (-41.5%), from €3,423 to €2,003
- Depreciation +€1,395
up €1,395 (+9.1%), from €15,323 to €16,718
- Other operating charges -€763
down €763 (-18.6%), from €4,096 to €3,333
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 | €85,208 | €73,380 | -€11,828 | -13.9% |
| Fixed assets | 21/28 | €71,698 | €53,340 | -€18,358 | -25.6% |
| Tangible fixed assets | 22/27 | €71,698 | €53,340 | -€18,358 | -25.6% |
| Land and buildings | 22 | €21,762 | €16,659 | -€5,103 | -23.4% |
| Plant, machinery and equipment | 23 | €15,465 | €10,776 | -€4,689 | -30.3% |
| Furniture and vehicles | 24 | €6,360 | €5,019 | -€1,340 | -21.1% |
| Leasing and similar rights | 25 | €28,112 | €20,886 | -€7,226 | -25.7% |
| Current assets | 29/58 | €13,510 | €20,040 | +€6,530 | +48.3% |
| Stocks and contracts in progress | 3 | €10,590 | €12,866 | +€2,276 | +21.5% |
| Stocks | 30/36 | €5,000 | €7,016 | +€2,016 | +40.3% |
| Contracts in progress | 37 | €5,590 | €5,850 | +€260 | +4.7% |
| Amounts receivable within one year | 40/41 | €2,842 | €7,114 | +€4,272 | +150.3% |
| Trade receivables | 40 | €1,026 | €6,890 | +€5,864 | +571.6% |
| Other amounts receivable | 41 | €1,816 | €224 | -€1,592 | -87.7% |
| Cash at bank and in hand | 54/58 | €78 | €60 | -€18 | -22.7% |
| Total equity and liabilities | 10/49 | €85,208 | €73,380 | -€11,828 | -13.9% |
| Equity | 10/15 | -€13,701 | -€23,899 | -€10,198 | -74.4% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | -€13,701 | -€26,899 | -€13,198 | -96.3% |
| Amounts payable | 17/49 | €98,909 | €97,279 | -€1,630 | -1.6% |
| Amounts payable after more than one year | 17 | €29,988 | €20,722 | -€9,266 | -30.9% |
| Financial debts | 170/4 | €29,988 | €20,722 | -€9,266 | -30.9% |
| Amounts payable within one year | 42/48 | €68,922 | €76,557 | +€7,636 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €8,888 | €9,266 | +€378 | +4.3% |
| Financial debts | 43 | €2,575 | - | -€2,575 | |
| Credit institutions | 430/8 | €2,575 | - | -€2,575 | |
| Trade debts | 44 | €9,238 | €7,104 | -€2,134 | -23.1% |
| Suppliers | 440/4 | €9,238 | €7,104 | -€2,134 | -23.1% |
| Taxes, remuneration and social security | 45 | - | €5,477 | +€5,477 | |
| Taxes | 450/3 | - | €5,477 | +€5,477 | |
| Other amounts payable | 47/48 | €48,221 | €54,711 | +€6,490 | +13.5% |
| Remuneration, social security and pensions | 62 | €6,096 | €1,729 | -€4,367 | -71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,323 | €16,718 | +€1,395 | +9.1% |
| Other operating charges | 640/8 | €4,096 | €3,333 | -€763 | -18.6% |
| Non-recurring operating charges | 66A | - | €440 | +€440 | |
| Gross operating margin | 9900 | €15,188 | €10,949 | -€4,239 | -27.9% |
| Operating profit (loss) | 9901 | -€10,328 | -€11,271 | -€943 | -9.1% |
| Financial income | 75/76B | €49 | €76 | +€27 | +54.3% |
| Recurring financial income | 75 | €49 | €76 | +€27 | +54.3% |
| Financial charges | 65/66B | €3,423 | €2,003 | -€1,420 | -41.5% |
| Recurring financial charges | 65 | €3,423 | €2,003 | -€1,420 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,701 | -€13,198 | +€503 | +3.7% |
| Profit (loss) for the period | 9904 | -€13,701 | -€13,198 | +€503 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,701 | -€13,198 | +€503 | +3.7% |
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 9 October 2026 via checked.be.