FELANTO: 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.
FELANTO
Largest movements
- Stocks and contracts +€2,914
up €2,914 (+3.8%), from €76,032 to €78,946
- Other debts +€4,000
up €4,000 (+10.7%), from €37,261 to €41,261
- Trade debts -€2,538
down €2,538 (-74.1%), from €3,425 to €887
- Tax, wage and social debts +€1,648
up €1,648 (+79.8%), from €2,066 to €3,715
of which Taxes: +€1,690
- Gross operating margin -€5,969
down €5,969 (-40.3%), from €14,829 to €8,860
- Staff costs -€531
down €531 (-6.8%), from €7,848 to €7,317
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 | €84,266 | €87,380 | +€3,114 | +3.7% |
| Fixed assets | 21/28 | €2,925 | €2,925 | = | 0.0% |
| Financial fixed assets | 28 | €2,925 | €2,925 | = | 0.0% |
| Current assets | 29/58 | €81,341 | €84,455 | +€3,114 | +3.8% |
| Stocks and contracts in progress | 3 | €76,032 | €78,946 | +€2,914 | +3.8% |
| Stocks | 30/36 | €76,032 | €78,946 | +€2,914 | +3.8% |
| Amounts receivable within one year | 40/41 | €1,795 | €1,319 | -€476 | -26.5% |
| Trade receivables | 40 | €1,795 | €1,319 | -€476 | -26.5% |
| Cash at bank and in hand | 54/58 | €3,515 | €4,191 | +€676 | +19.2% |
| Total equity and liabilities | 10/49 | €84,266 | €87,380 | +€3,114 | +3.7% |
| Equity | 10/15 | €41,514 | €41,518 | +€4 | 0.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,904 | €8,904 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €7,045 | €7,045 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,018 | €14,022 | +€4 | 0.0% |
| Amounts payable | 17/49 | €42,752 | €45,863 | +€3,111 | +7.3% |
| Amounts payable within one year | 42/48 | €42,752 | €45,863 | +€3,111 | +7.3% |
| Trade debts | 44 | €3,425 | €887 | -€2,538 | -74.1% |
| Suppliers | 440/4 | €3,425 | €887 | -€2,538 | -74.1% |
| Taxes, remuneration and social security | 45 | €2,066 | €3,715 | +€1,648 | +79.8% |
| Taxes | 450/3 | €780 | €2,470 | +€1,690 | +217% |
| Remuneration and social security | 454/9 | €1,286 | €1,245 | -€42 | -3.2% |
| Other amounts payable | 47/48 | €37,261 | €41,261 | +€4,000 | +10.7% |
| Remuneration, social security and pensions | 62 | €7,848 | €7,317 | -€531 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €14,829 | €8,860 | -€5,969 | -40.3% |
| Operating profit (loss) | 9901 | €6,482 | €1,030 | -€5,452 | -84.1% |
| Financial charges | 65/66B | €1,103 | €1,026 | -€77 | -7.0% |
| Recurring financial charges | 65 | €1,103 | €1,026 | -€77 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €5,378 | €4 | -€5,375 | -99.9% |
| Profit (loss) for the period | 9904 | €5,378 | €4 | -€5,375 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,378 | €4 | -€5,375 | -99.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.