FEEDMACHINERY: 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.
FEEDMACHINERY
Largest movements
- Current investments +€308,678
up €308,678 (+618%), from €49,908 to €358,586
- Cash -€176,365
down €176,365 (-36.3%), from €485,355 to €308,990
mainly Current investments (-€308,678) and Contributions, distributions and other (-€137,075)
- Tangible fixed assets -€50,233
down €50,233 (-10.2%), from €494,903 to €444,670
of which Land and buildings: -€32,684
- Receivables within one year -€21,187
down €21,187 (-11.9%), from €177,370 to €156,184
of which Trade receivables: -€27,652
- Other debts +€33,911
up €33,911 (+32.9%), from €103,164 to €137,075
- Reserves +€26,392
up €26,392 (+2.5%), from €1.1m to €1.1m
of which Tax-exempt reserves: +€42,100
- Gross operating margin -€52,179
down €52,179 (-12.8%), from €408,661 to €356,482
- Taxes -€7,870
down €7,870 (-11.0%), from €71,339 to €63,469
- Other operating charges -€5,232
down €5,232 (-40.0%), from €13,071 to €7,839
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 | €1,519,255 | €1,592,625 | +€73,370 | +4.8% |
| Fixed assets | 21/28 | €494,903 | €444,670 | -€50,233 | -10.2% |
| Tangible fixed assets | 22/27 | €494,903 | €444,670 | -€50,233 | -10.2% |
| Land and buildings | 22 | €435,191 | €402,507 | -€32,684 | -7.5% |
| Plant, machinery and equipment | 23 | €33,382 | €19,236 | -€14,145 | -42.4% |
| Furniture and vehicles | 24 | €26,331 | €22,927 | -€3,403 | -12.9% |
| Current assets | 29/58 | €1,024,352 | €1,147,954 | +€123,602 | +12.1% |
| Stocks and contracts in progress | 3 | €311,719 | €324,196 | +€12,477 | +4.0% |
| Stocks | 30/36 | €272,969 | €265,446 | -€7,523 | -2.8% |
| Contracts in progress | 37 | €38,750 | €58,750 | +€20,000 | +51.6% |
| Amounts receivable within one year | 40/41 | €177,370 | €156,184 | -€21,187 | -11.9% |
| Trade receivables | 40 | €175,820 | €148,168 | -€27,652 | -15.7% |
| Other amounts receivable | 41 | €1,550 | €8,016 | +€6,466 | +417% |
| Current investments | 50/53 | €49,908 | €358,586 | +€308,678 | +618% |
| Cash at bank and in hand | 54/58 | €485,355 | €308,990 | -€176,365 | -36.3% |
| Total equity and liabilities | 10/49 | €1,519,255 | €1,592,625 | +€73,370 | +4.8% |
| Equity | 10/15 | €1,121,650 | €1,148,042 | +€26,392 | +2.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,059,650 | €1,086,042 | +€26,392 | +2.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €126,300 | €168,400 | +€42,100 | +33.3% |
| Distributable reserves | 133 | €927,150 | €911,442 | -€15,708 | -1.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €397,606 | €444,583 | +€46,977 | +11.8% |
| Amounts payable after more than one year | 17 | €227,301 | €230,156 | +€2,855 | +1.3% |
| Other amounts payable | 178/9 | €227,301 | €230,156 | +€2,855 | +1.3% |
| Amounts payable within one year | 42/48 | €150,973 | €198,233 | +€47,260 | +31.3% |
| Trade debts | 44 | €27,816 | €40,202 | +€12,386 | +44.5% |
| Suppliers | 440/4 | €27,816 | €40,202 | +€12,386 | +44.5% |
| Advances received on contracts in progress | 46 | €2,500 | €2,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €17,493 | €18,457 | +€963 | +5.5% |
| Taxes | 450/3 | €14,074 | €14,869 | +€795 | +5.7% |
| Remuneration and social security | 454/9 | €3,420 | €3,588 | +€168 | +4.9% |
| Other amounts payable | 47/48 | €103,164 | €137,075 | +€33,911 | +32.9% |
| Accrued charges and deferred income | 492/3 | €19,332 | €16,194 | -€3,138 | -16.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €58,477 | €60,580 | +€2,103 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,723 | €60,952 | -€3,771 | -5.8% |
| Other operating charges | 640/8 | €13,071 | €7,839 | -€5,232 | -40.0% |
| Gross operating margin | 9900 | €408,661 | €356,482 | -€52,179 | -12.8% |
| Operating profit (loss) | 9901 | €272,390 | €227,111 | -€45,279 | -16.6% |
| Financial income | 75/76B | €16,259 | €16,889 | +€630 | +3.9% |
| Recurring financial income | 75 | €16,259 | €16,889 | +€630 | +3.9% |
| Financial charges | 65/66B | €18,804 | €17,064 | -€1,740 | -9.3% |
| Recurring financial charges | 65 | €18,804 | €17,064 | -€1,740 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €269,845 | €226,936 | -€42,909 | -15.9% |
| Income taxes | 67/77 | €71,339 | €63,469 | -€7,870 | -11.0% |
| Profit (loss) for the period | 9904 | €198,506 | €163,467 | -€35,039 | -17.7% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €42,100 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €156,406 | €121,367 | -€35,039 | -22.4% |
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 26 October 2026 via checked.be.