FEGHALIDENTAL: 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.
FEGHALIDENTAL
Largest movements
- Receivables within one year +€30,714
up €30,714 (+707%), from €4,343 to €35,057
- Cash -€1,626
down €1,626 (-1.4%), from €113,023 to €111,397
mainly Contributions, distributions and other (-€190,771) and Receivables within one year (-€30,714)
- Other debts +€128,545
up €128,545 (+48,579%), from €265 to €128,810
- Reserves -€104,822
no longer reported in 2025 (was €104,822)
- Tax, wage and social debts +€2,970
up €2,970 (+25.8%), from €11,491 to €14,461
- Gross operating margin +€58,696
up €58,696 (+110%), from €53,346 to €112,042
- Taxes +€13,470
up €13,470 (+117%), from €11,491 to €24,961
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 | €120,612 | €148,719 | +€28,107 | +23.3% |
| Fixed assets | 21/28 | €3,246 | €2,159 | -€1,086 | -33.5% |
| Tangible fixed assets | 22/27 | €3,246 | €2,159 | -€1,086 | -33.5% |
| Furniture and vehicles | 24 | €3,246 | €2,159 | -€1,086 | -33.5% |
| Current assets | 29/58 | €117,366 | €146,560 | +€29,194 | +24.9% |
| Amounts receivable within one year | 40/41 | €4,343 | €35,057 | +€30,714 | +707% |
| Trade receivables | 40 | €4,343 | €35,057 | +€30,714 | +707% |
| Cash at bank and in hand | 54/58 | €113,023 | €111,397 | -€1,626 | -1.4% |
| Deferred charges and accrued income | 490/1 | - | €106 | +€106 | |
| Total equity and liabilities | 10/49 | €120,612 | €148,719 | +€28,107 | +23.3% |
| Equity | 10/15 | €108,822 | €4,000 | -€104,822 | -96.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €104,822 | - | -€104,822 | |
| Distributable reserves | 133 | €104,822 | - | -€104,822 | |
| Amounts payable | 17/49 | €11,790 | €144,719 | +€132,929 | +1,127% |
| Amounts payable within one year | 42/48 | €11,790 | €144,719 | +€132,929 | +1,127% |
| Trade debts | 44 | €34 | €1,449 | +€1,415 | +4,160% |
| Suppliers | 440/4 | €34 | €1,449 | +€1,415 | +4,160% |
| Taxes, remuneration and social security | 45 | €11,491 | €14,461 | +€2,970 | +25.8% |
| Taxes | 450/3 | €11,491 | €14,461 | +€2,970 | +25.8% |
| Other amounts payable | 47/48 | €265 | €128,810 | +€128,545 | +48,579% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,054 | €1,086 | +€32 | +3.0% |
| Gross operating margin | 9900 | €53,346 | €112,042 | +€58,696 | +110% |
| Operating profit (loss) | 9901 | €52,291 | €110,955 | +€58,664 | +112% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €45 | €45 | -€0 | -0.5% |
| Recurring financial charges | 65 | €45 | €45 | -€0 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €52,246 | €110,910 | +€58,664 | +112% |
| Income taxes | 67/77 | €11,491 | €24,961 | +€13,470 | +117% |
| Profit (loss) for the period | 9904 | €40,755 | €85,949 | +€45,194 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €40,755 | €85,949 | +€45,194 | +111% |
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 15 October 2026 via checked.be.