FEELING & C°: what changed
What changed
FEELING & C°
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€832,779
2024 · €595,173+€237,606
Equity
€20,460
2024 · €2.2m-€2.2m
Cash
€276,970
2024 · €259,546+€17,424
Balance sheet total
€3.8m
2024 · €3.8m+€14,873
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€2.2m
up €2.2m (+270%), from €822,257 to €3.0m
- Profit (loss) carried forward -€2.1m
no longer reported in 2025 (was €2.1m)
- Reserves -€124,300
no longer reported in 2025 (was €124,300)
Income statement
- Gross operating margin +€151,666
up €151,666 (+18.0%), from €841,471 to €993,137
- Financial income +€124,756
up €124,756 (+3,314%), from €3,764 to €128,520
- Taxes +€36,861
up €36,861 (+18.0%), from €204,293 to €241,153
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€595,173
Gross operating margin
+€151,666
Depreciation
-€1,463
Other operating charges
-€527
Financial income
+€124,756
Financial charges
+€35
Taxes
-€36,861
Result 2025
€832,779
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3.1m
Investment
-€10,684
Financing
-€3.0m
Cash 2024
€259,546
From operations (derived)
+€3.1m
Net result for the year
+€832,779
Depreciation
+€17,362
Smaller working-capital items
-€4,534
Other debts
+€2.2m
Investment (derived)
-€10,684
Investment in fixed assets (net)
-€10,684
Financing
-€3.0m
Contributions, distributions and other
-€3.0m
Cash 2025
€276,970
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,772,836 | €3,787,710 | +€14,873 | +0.4% |
| Fixed assets | 21/28 | €3,510,565 | €3,503,887 | -€6,678 | -0.2% |
| Tangible fixed assets | 22/27 | €35,440 | €28,762 | -€6,678 | -18.8% |
| Furniture and vehicles | 24 | €34,162 | €28,034 | -€6,128 | -17.9% |
| Other tangible fixed assets | 26 | €1,278 | €728 | -€550 | -43.0% |
| Financial fixed assets | 28 | €3,475,125 | €3,475,125 | = | 0.0% |
| Current assets | 29/58 | €262,271 | €283,823 | +€21,551 | +8.2% |
| Amounts receivable within one year | 40/41 | €1,836 | €5,303 | +€3,467 | +189% |
| Other amounts receivable | 41 | €1,836 | €5,303 | +€3,467 | +189% |
| Cash at bank and in hand | 54/58 | €259,546 | €276,970 | +€17,424 | +6.7% |
| Deferred charges and accrued income | 490/1 | €889 | €1,550 | +€661 | +74.3% |
| Total equity and liabilities | 10/49 | €3,772,836 | €3,787,710 | +€14,873 | +0.4% |
| Equity | 10/15 | €2,221,674 | €20,460 | -€2.2m | -99.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €124,300 | - | -€124,300 | |
| Distributable reserves | 133 | €124,300 | - | -€124,300 | |
| Profit (loss) carried forward | 14 | €2,076,914 | - | -€2.1m | |
| Amounts payable | 17/49 | €1,551,162 | €3,767,250 | +€2.2m | +143% |
| Amounts payable after more than one year | 17 | €725,000 | €725,000 | = | 0.0% |
| Financial debts | 170/4 | €725,000 | €725,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €826,162 | €3,042,250 | +€2.2m | +268% |
| Trade debts | 44 | €1,736 | €1,329 | -€407 | -23.4% |
| Suppliers | 440/4 | €1,736 | €1,329 | -€407 | -23.4% |
| Taxes, remuneration and social security | 45 | €2,169 | €2,169 | = | 0.0% |
| Taxes | 450/3 | €2,169 | €2,169 | = | 0.0% |
| Other amounts payable | 47/48 | €822,257 | €3,038,751 | +€2.2m | +270% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,900 | €17,362 | +€1,463 | +9.2% |
| Other operating charges | 640/8 | €960 | €1,487 | +€527 | +54.9% |
| Gross operating margin | 9900 | €841,471 | €993,137 | +€151,666 | +18.0% |
| Operating profit (loss) | 9901 | €824,611 | €974,287 | +€149,676 | +18.2% |
| Financial income | 75/76B | €3,764 | €128,520 | +€124,756 | +3,314% |
| Recurring financial income | 75 | €3,764 | €128,520 | +€124,756 | +3,314% |
| Financial charges | 65/66B | €28,909 | €28,875 | -€35 | -0.1% |
| Recurring financial charges | 65 | €28,909 | €28,875 | -€35 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €799,466 | €1,073,933 | +€274,467 | +34.3% |
| Income taxes | 67/77 | €204,293 | €241,153 | +€36,861 | +18.0% |
| Profit (loss) for the period | 9904 | €595,173 | €832,779 | +€237,606 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €595,173 | €832,779 | +€237,606 | +39.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.