FEIM CONSTRUCT: what changed
What changed
FEIM CONSTRUCT
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€55,178
2023 · €1,892+€53,286
Equity
€113,328
2023 · €58,150+€55,178
Cash
€56,398
2023 · €24,924+€31,473
Balance sheet total
€195,196
2023 · €68,235+€126,960
Largest movements
Assets
- Tangible fixed assets +€56,081
up €56,081 (+8,100%), from €692 to €56,773
of which Land and buildings: +€40,490
- Receivables within one year +€38,290
up €38,290 (+161%), from €23,797 to €62,088
of which Other amounts receivable: +€36,588
- Cash +€31,473
up €31,473 (+126%), from €24,924 to €56,398
mainly Net result for the year (+€55,178) and Debts after one year (+€30,964)
Equity and liabilities
- Profit (loss) carried forward +€55,178
up €55,178 (+125%), from €43,984 to €99,162
- Debts after one year +€30,964
new in 2024: €30,964
- Tax, wage and social debts +€23,658
up €23,658 (+300%), from €7,898 to €31,556
of which Taxes: +€25,751
- Trade debts +€8,265
up €8,265 (+378%), from €2,188 to €10,453
- Current portion of long-term debt +€8,068
new in 2024: €8,068
Income statement
- Gross operating margin +€84,574
up €84,574 (+156%), from €54,253 to €138,827
- Taxes +€21,562
up €21,562 (+725%), from €2,973 to €24,536
- Staff costs +€9,702
up €9,702 (+22.0%), from €44,167 to €53,869
- Financial charges +€2,090
up €2,090 (+259%), from €805 to €2,895
Change in the result, 2023 to 2024
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 2023
€1,892
Gross operating margin
+€84,574
Staff costs
-€9,702
Depreciation
+€606
Other operating charges
+€117
Financial income
+€1,343
Financial charges
-€2,090
Taxes
-€21,562
Result 2024
€55,178
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€50,058
Investment
-€57,616
Financing
+€39,031
Cash 2023
€24,924
From operations (derived)
+€50,058
Net result for the year
+€55,178
Depreciation
+€1,535
Receivables within one year
-€38,290
Deferred charges and accrued income
-€1,116
Trade debts
+€8,265
Tax, wage and social debts
+€23,658
Other debts
+€828
Investment (derived)
-€57,616
Investment in fixed assets (net)
-€57,616
Financing
+€39,031
Debts after one year
+€30,964
Current portion of long-term debt
+€8,068
Cash 2024
€56,398
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,235 | €195,196 | +€126,960 | +186% |
| Fixed assets | 21/28 | €912 | €56,993 | +€56,081 | +6,147% |
| Tangible fixed assets | 22/27 | €692 | €56,773 | +€56,081 | +8,100% |
| Land and buildings | 22 | - | €40,490 | +€40,490 | |
| Furniture and vehicles | 24 | €692 | €2,373 | +€1,681 | +243% |
| Assets under construction and advance payments | 27 | - | €13,910 | +€13,910 | |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €67,323 | €138,202 | +€70,880 | +105% |
| Amounts receivable after more than one year | 29 | €18,169 | €18,169 | = | 0.0% |
| Other amounts receivable | 291 | €18,169 | €18,169 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,797 | €62,088 | +€38,290 | +161% |
| Trade receivables | 40 | €15,017 | €16,719 | +€1,702 | +11.3% |
| Other amounts receivable | 41 | €8,781 | €45,369 | +€36,588 | +417% |
| Cash at bank and in hand | 54/58 | €24,924 | €56,398 | +€31,473 | +126% |
| Deferred charges and accrued income | 490/1 | €432 | €1,548 | +€1,116 | +259% |
| Total equity and liabilities | 10/49 | €68,235 | €195,196 | +€126,960 | +186% |
| Equity | 10/15 | €58,150 | €113,328 | +€55,178 | +94.9% |
| Contributions | 10/11 | €12,250 | €12,250 | = | 0.0% |
| Reserves | 13 | €1,916 | €1,916 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,916 | - | -€1,916 | |
| Reserves not available under the articles | 1311 | €1,916 | - | -€1,916 | |
| Distributable reserves | 133 | - | €1,916 | +€1,916 | |
| Profit (loss) carried forward | 14 | €43,984 | €99,162 | +€55,178 | +125% |
| Amounts payable | 17/49 | €10,086 | €81,868 | +€71,782 | +712% |
| Amounts payable after more than one year | 17 | - | €30,964 | +€30,964 | |
| Financial debts | 170/4 | - | €30,964 | +€30,964 | |
| Amounts payable within one year | 42/48 | €10,086 | €50,904 | +€40,819 | +405% |
| Current portion of amounts payable after more than one year | 42 | - | €8,068 | +€8,068 | |
| Trade debts | 44 | €2,188 | €10,453 | +€8,265 | +378% |
| Suppliers | 440/4 | €2,188 | €10,453 | +€8,265 | +378% |
| Taxes, remuneration and social security | 45 | €7,898 | €31,556 | +€23,658 | +300% |
| Taxes | 450/3 | €5,805 | €31,556 | +€25,751 | +444% |
| Remuneration and social security | 454/9 | €2,093 | - | -€2,093 | |
| Other amounts payable | 47/48 | - | €828 | +€828 | |
| Remuneration, social security and pensions | 62 | €44,167 | €53,869 | +€9,702 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,142 | €1,535 | -€606 | -28.3% |
| Other operating charges | 640/8 | €2,468 | €2,352 | -€117 | -4.7% |
| Gross operating margin | 9900 | €54,253 | €138,827 | +€84,574 | +156% |
| Operating profit (loss) | 9901 | €5,476 | €81,071 | +€75,595 | +1,381% |
| Financial income | 75/76B | €195 | €1,538 | +€1,343 | +690% |
| Recurring financial income | 75 | €195 | €1,538 | +€1,343 | +690% |
| Financial charges | 65/66B | €805 | €2,895 | +€2,090 | +259% |
| Recurring financial charges | 65 | €805 | €2,895 | +€2,090 | +259% |
| Profit (loss) for the period before taxes | 9903 | €4,865 | €79,714 | +€74,848 | +1,538% |
| Income taxes | 67/77 | €2,973 | €24,536 | +€21,562 | +725% |
| Profit (loss) for the period | 9904 | €1,892 | €55,178 | +€53,286 | +2,816% |
| Profit (loss) for the period to be appropriated | 9905 | €1,892 | €55,178 | +€53,286 | +2,816% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.