FEEL I.T.: 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 I.T.
Largest movements
- Receivables within one year +€11,713
up €11,713 (+55.8%), from €20,992 to €32,705
of which Other amounts receivable: +€14,396
- Tangible fixed assets +€4,419
up €4,419 (+157%), from €2,819 to €7,238
- Cash -€3,916
down €3,916 (-22.1%), from €17,728 to €13,812
mainly Receivables within one year (-€11,713) and Investment in fixed assets (net) (-€7,282)
- Reserves +€12,125
up €12,125 (+48.6%), from €24,945 to €37,070
- Other debts +€818
up €818 (+14.5%), from €5,633 to €6,451
- Trade debts -€641
down €641 (-25.5%), from €2,509 to €1,868
- Gross operating margin +€6,784
up €6,784 (+28.3%), from €23,944 to €30,728
- Taxes +€2,032
up €2,032 (+33.1%), from €6,142 to €8,175
- Depreciation +€1,405
up €1,405 (+96.3%), from €1,459 to €2,863
- Financial charges -€395
down €395 (-18.6%), from €2,121 to €1,726
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 | €44,121 | €56,609 | +€12,488 | +28.3% |
| Fixed assets | 21/28 | €3,119 | €7,538 | +€4,419 | +142% |
| Tangible fixed assets | 22/27 | €2,819 | €7,238 | +€4,419 | +157% |
| Furniture and vehicles | 24 | €2,819 | €7,238 | +€4,419 | +157% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €41,002 | €49,072 | +€8,070 | +19.7% |
| Amounts receivable within one year | 40/41 | €20,992 | €32,705 | +€11,713 | +55.8% |
| Trade receivables | 40 | €14,991 | €12,308 | -€2,683 | -17.9% |
| Other amounts receivable | 41 | €6,001 | €20,397 | +€14,396 | +240% |
| Cash at bank and in hand | 54/58 | €17,728 | €13,812 | -€3,916 | -22.1% |
| Deferred charges and accrued income | 490/1 | €2,282 | €2,554 | +€272 | +11.9% |
| Total equity and liabilities | 10/49 | €44,121 | €56,609 | +€12,488 | +28.3% |
| Equity | 10/15 | €31,145 | €43,270 | +€12,125 | +38.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,945 | €37,070 | +€12,125 | +48.6% |
| Distributable reserves | 133 | €24,945 | €37,070 | +€12,125 | +48.6% |
| Amounts payable | 17/49 | €12,976 | €13,340 | +€364 | +2.8% |
| Amounts payable within one year | 42/48 | €12,945 | €13,091 | +€146 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €2,199 | €2,228 | +€29 | +1.3% |
| Financial debts | 43 | €1,003 | €943 | -€60 | -6.0% |
| Credit institutions | 430/8 | €1,003 | €943 | -€60 | -6.0% |
| Trade debts | 44 | €2,509 | €1,868 | -€641 | -25.5% |
| Suppliers | 440/4 | €2,509 | €1,868 | -€641 | -25.5% |
| Taxes, remuneration and social security | 45 | €1,600 | €1,600 | = | 0.0% |
| Taxes | 450/3 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €5,633 | €6,451 | +€818 | +14.5% |
| Accrued charges and deferred income | 492/3 | €32 | €249 | +€217 | +687% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,459 | €2,863 | +€1,405 | +96.3% |
| Gross operating margin | 9900 | €23,944 | €30,728 | +€6,784 | +28.3% |
| Operating profit (loss) | 9901 | €22,485 | €27,865 | +€5,379 | +23.9% |
| Financial income | 75/76B | €343 | €612 | +€269 | +78.4% |
| Recurring financial income | 75 | €343 | €612 | +€269 | +78.4% |
| Financial charges | 65/66B | €2,121 | €1,726 | -€395 | -18.6% |
| Recurring financial charges | 65 | €2,121 | €1,726 | -€395 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €20,707 | €26,750 | +€6,043 | +29.2% |
| Income taxes | 67/77 | €6,142 | €8,175 | +€2,032 | +33.1% |
| Profit (loss) for the period | 9904 | €14,565 | €18,576 | +€4,011 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,565 | €18,576 | +€4,011 | +27.5% |
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 19 October 2026 via checked.be.