Feed-Experts: 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.
Feed-Experts
Largest movements
- Receivables within one year +€47,938
up €47,938 (+809%), from €5,927 to €53,865
of which Trade receivables: +€45,935
- Cash -€6,321
down €6,321 (-78.8%), from €8,026 to €1,705
mainly Receivables within one year (-€47,938) and Current portion of long-term debt (-€1,929)
- Tangible fixed assets -€5,872
down €5,872 (-44.2%), from €13,277 to €7,406
- Deferred charges and accrued income +€855
new in 2025: €855
- Accrued charges and deferred income +€15,000
new in 2025: €15,000
- Trade debts +€13,546
up €13,546 (+262%), from €5,166 to €18,712
- Profit (loss) carried forward +€9,986
up €9,986 (+72.3%), from €13,818 to €23,804
- Current portion of long-term debt -€1,929
no longer reported in 2025 (was €1,929)
- Gross operating margin -€3,854
down €3,854 (-14.5%), from €26,501 to €22,647
- Other operating charges -€855
down €855 (-57.7%), from €1,481 to €626
- Depreciation -€562
down €562 (-7.7%), from €7,319 to €6,757
- Financial charges -€501
down €501 (-49.7%), from €1,009 to €508
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 | €27,350 | €63,950 | +€36,600 | +134% |
| Fixed assets | 21/28 | €13,397 | €7,526 | -€5,872 | -43.8% |
| Tangible fixed assets | 22/27 | €13,277 | €7,406 | -€5,872 | -44.2% |
| Furniture and vehicles | 24 | €13,277 | €7,406 | -€5,872 | -44.2% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €13,953 | €56,425 | +€42,472 | +304% |
| Amounts receivable within one year | 40/41 | €5,927 | €53,865 | +€47,938 | +809% |
| Trade receivables | 40 | €1,164 | €47,099 | +€45,935 | +3,946% |
| Other amounts receivable | 41 | €4,763 | €6,766 | +€2,003 | +42.1% |
| Cash at bank and in hand | 54/58 | €8,026 | €1,705 | -€6,321 | -78.8% |
| Deferred charges and accrued income | 490/1 | - | €855 | +€855 | |
| Total equity and liabilities | 10/49 | €27,350 | €63,950 | +€36,600 | +134% |
| Equity | 10/15 | €20,018 | €30,004 | +€9,986 | +49.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,818 | €23,804 | +€9,986 | +72.3% |
| Amounts payable | 17/49 | €7,332 | €33,946 | +€26,614 | +363% |
| Amounts payable within one year | 42/48 | €7,332 | €18,946 | +€11,614 | +158% |
| Current portion of amounts payable after more than one year | 42 | €1,929 | - | -€1,929 | |
| Trade debts | 44 | €5,166 | €18,712 | +€13,546 | +262% |
| Suppliers | 440/4 | €5,166 | €18,712 | +€13,546 | +262% |
| Other amounts payable | 47/48 | €237 | €234 | -€3 | -1.3% |
| Accrued charges and deferred income | 492/3 | - | €15,000 | +€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,319 | €6,757 | -€562 | -7.7% |
| Other operating charges | 640/8 | €1,481 | €626 | -€855 | -57.7% |
| Gross operating margin | 9900 | €26,501 | €22,647 | -€3,854 | -14.5% |
| Operating profit (loss) | 9901 | €17,701 | €15,263 | -€2,438 | -13.8% |
| Financial income | 75/76B | €92 | - | -€92 | |
| Recurring financial income | 75 | €92 | - | -€92 | |
| Financial charges | 65/66B | €1,009 | €508 | -€501 | -49.7% |
| Recurring financial charges | 65 | €1,009 | €508 | -€501 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €16,784 | €14,756 | -€2,028 | -12.1% |
| Income taxes | 67/77 | €4,746 | €4,770 | +€24 | +0.5% |
| Profit (loss) for the period | 9904 | €12,038 | €9,986 | -€2,052 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,038 | €9,986 | -€2,052 | -17.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.