Feel Heat: 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.
Feel Heat
Largest movements
- Receivables within one year +€54,176
up €54,176 (+420%), from €12,898 to €67,074
of which Trade receivables: +€54,607
- Cash -€7,931
down €7,931 (-79.4%), from €9,988 to €2,057
mainly Receivables within one year (-€54,176) and Other debts (-€2,930)
- Reserves +€21,483
new in 2025: €21,483
- Trade debts +€20,913
up €20,913 (+200%), from €10,457 to €31,370
- Tax, wage and social debts +€8,124
up €8,124 (+296%), from €2,747 to €10,871
- Other debts -€2,930
down €2,930 (-89.2%), from €3,286 to €356
- Accrued charges and deferred income -€1,542
no longer reported in 2025 (was €1,542)
- Gross operating margin +€16,897
up €16,897 (+126%), from €13,438 to €30,335
- Taxes +€6,577
up €6,577 (+306%), from €2,147 to €8,724
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 | €23,129 | €69,175 | +€46,047 | +199% |
| Current assets | 29/58 | €23,129 | €69,175 | +€46,047 | +199% |
| Amounts receivable within one year | 40/41 | €12,898 | €67,074 | +€54,176 | +420% |
| Trade receivables | 40 | €12,351 | €66,958 | +€54,607 | +442% |
| Other amounts receivable | 41 | €548 | €116 | -€432 | -78.8% |
| Cash at bank and in hand | 54/58 | €9,988 | €2,057 | -€7,931 | -79.4% |
| Deferred charges and accrued income | 490/1 | €242 | €44 | -€198 | -81.8% |
| Total equity and liabilities | 10/49 | €23,129 | €69,175 | +€46,047 | +199% |
| Equity | 10/15 | €5,096 | €26,579 | +€21,483 | +422% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €21,483 | +€21,483 | |
| Distributable reserves | 133 | - | €21,483 | +€21,483 | |
| Profit (loss) carried forward | 14 | €3,096 | €3,096 | = | 0.0% |
| Amounts payable | 17/49 | €18,033 | €42,597 | +€24,564 | +136% |
| Amounts payable within one year | 42/48 | €16,490 | €42,597 | +€26,106 | +158% |
| Trade debts | 44 | €10,457 | €31,370 | +€20,913 | +200% |
| Suppliers | 440/4 | €10,457 | €31,370 | +€20,913 | +200% |
| Taxes, remuneration and social security | 45 | €2,747 | €10,871 | +€8,124 | +296% |
| Taxes | 450/3 | €2,747 | €10,871 | +€8,124 | +296% |
| Other amounts payable | 47/48 | €3,286 | €356 | -€2,930 | -89.2% |
| Accrued charges and deferred income | 492/3 | €1,542 | - | -€1,542 | |
| Other operating charges | 640/8 | €95 | - | -€95 | |
| Non-recurring operating charges | 66A | €5,040 | - | -€5,040 | |
| Gross operating margin | 9900 | €13,438 | €30,335 | +€16,897 | +126% |
| Operating profit (loss) | 9901 | €8,303 | €30,335 | +€22,032 | +265% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €244 | €131 | -€113 | -46.2% |
| Recurring financial charges | 65 | €244 | €131 | -€113 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | €8,059 | €30,207 | +€22,147 | +275% |
| Income taxes | 67/77 | €2,147 | €8,724 | +€6,577 | +306% |
| Profit (loss) for the period | 9904 | €5,913 | €21,483 | +€15,570 | +263% |
| Profit (loss) for the period to be appropriated | 9905 | €5,913 | €21,483 | +€15,570 | +263% |
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 29 October 2026 via checked.be.