Federleicht: 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.
Federleicht
Largest movements
- Cash -€11,165
down €11,165 (-54.0%), from €20,693 to €9,528
mainly Investment in fixed assets (net) (-€5,082) and Net result for the year (-€4,320)
- Intangible fixed assets +€3,714
new in 2025: €3,714
- Receivables within one year -€1,843
down €1,843 (-50.2%), from €3,675 to €1,832
of which Other amounts receivable: -€2,712
- Stocks and contracts +€1,089
up €1,089 (+23.7%), from €4,596 to €5,685
- Deferred charges and accrued income +€735
up €735 (+271.0%), from €271 to €1,006
- Profit (loss) carried forward -€5,153
down €5,153 (-25.8%), from €19,935 to €14,782
- Tax, wage and social debts -€3,767
down €3,767 (-45.9%), from €8,200 to €4,433
of which Taxes: -€3,770
- Trade debts +€1,059
up €1,059 (+37.0%), from €2,859 to €3,918
- Gross operating margin -€29,219
down €29,219 (-98.4%), from €29,702 to €483
- Taxes -€7,469
down €7,469 (-98.6%), from €7,576 to €106
- Staff costs +€1,986
new in 2025: €1,986
- Depreciation +€1,179
up €1,179 (+158.5%), from €743 to €1,922
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 | €33,776 | €25,753 | -€8,024 | -23.8% |
| Formation expenses | 20 | €660 | - | -€660 | |
| Fixed assets | 21/28 | €3,882 | €7,701 | +€3,820 | +98.4% |
| Intangible fixed assets | 21 | - | €3,714 | +€3,714 | |
| Tangible fixed assets | 22/27 | €3,882 | €3,987 | +€106 | +2.7% |
| Plant, machinery and equipment | 23 | €979 | €1,532 | +€553 | +56.5% |
| Furniture and vehicles | 24 | €2,903 | €2,456 | -€447 | -15.4% |
| Current assets | 29/58 | €29,235 | €18,051 | -€11,184 | -38.3% |
| Stocks and contracts in progress | 3 | €4,596 | €5,685 | +€1,089 | +23.7% |
| Stocks | 30/36 | €4,596 | €5,685 | +€1,089 | +23.7% |
| Amounts receivable within one year | 40/41 | €3,675 | €1,832 | -€1,843 | -50.2% |
| Trade receivables | 40 | €170 | €1,039 | +€869 | +512.2% |
| Other amounts receivable | 41 | €3,505 | €793 | -€2,712 | -77.4% |
| Cash at bank and in hand | 54/58 | €20,693 | €9,528 | -€11,165 | -54.0% |
| Deferred charges and accrued income | 490/1 | €271 | €1,006 | +€735 | +271.0% |
| Total equity and liabilities | 10/49 | €33,776 | €25,753 | -€8,024 | -23.8% |
| Equity | 10/15 | €21,935 | €16,782 | -€5,153 | -23.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,935 | €14,782 | -€5,153 | -25.8% |
| Amounts payable | 17/49 | €11,842 | €8,971 | -€2,871 | -24.2% |
| Amounts payable within one year | 42/48 | €11,842 | €8,971 | -€2,871 | -24.2% |
| Trade debts | 44 | €2,859 | €3,918 | +€1,059 | +37.0% |
| Suppliers | 440/4 | €2,859 | €3,918 | +€1,059 | +37.0% |
| Taxes, remuneration and social security | 45 | €8,200 | €4,433 | -€3,767 | -45.9% |
| Taxes | 450/3 | €8,200 | €4,430 | -€3,770 | -46.0% |
| Remuneration and social security | 454/9 | - | €3 | +€3 | |
| Other amounts payable | 47/48 | €782 | €620 | -€162 | -20.7% |
| Remuneration, social security and pensions | 62 | - | €1,986 | +€1,986 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €743 | €1,922 | +€1,179 | +158.5% |
| Other operating charges | 640/8 | - | €271 | +€271 | |
| Gross operating margin | 9900 | €29,702 | €483 | -€29,219 | -98.4% |
| Operating profit (loss) | 9901 | €28,959 | -€3,696 | -€32,655 | |
| Financial income | 75/76B | €112 | €189 | +€77 | +68.4% |
| Recurring financial income | 75 | €112 | €189 | +€77 | +68.4% |
| Financial charges | 65/66B | €760 | €706 | -€54 | -7.1% |
| Recurring financial charges | 65 | €760 | €706 | -€54 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €28,311 | -€4,213 | -€32,524 | |
| Income taxes | 67/77 | €7,576 | €106 | -€7,469 | -98.6% |
| Profit (loss) for the period | 9904 | €20,735 | -€4,320 | -€25,055 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,735 | -€4,320 | -€25,055 |
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 12 October 2026 via checked.be.