FELD-EVENT: what changed
Two fiscal 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.
FELD-EVENT
Largest movements
- Receivables within one year +€40,441
up €40,441 (+110.4%), from €36,619 to €77,060
- Tangible fixed assets -€27,165
down €27,165 (-21.4%), from €127,219 to €100,055
of which Land and buildings: -€19,845
- Cash -€12,913
down €12,913 (-99.6%), from €12,963 to €50
mainly Receivables within one year (-€40,441) and Debts after one year (-€30,764)
- Debts after one year -€30,764
down €30,764 (-37.1%), from €82,913 to €52,149
- Other debts +€27,841
up €27,841 (+1750.8%), from €1,590 to €29,431
- Tax, wage and social debts -€18,858
down €18,858 (-56.4%), from €33,435 to €14,577
- Trade debts +€9,386
up €9,386 (+1272.9%), from €737 to €10,123
- Short-term financial debts +€8,904
new in 2025: €8,904
- Gross operating margin -€36,556
down €36,556 (-49.0%), from €74,584 to €38,028
- Taxes -€8,198
down €8,198 (-75.6%), from €10,851 to €2,652
- Financial charges -€1,058
down €1,058 (-17.6%), from €6,004 to €4,946
- Depreciation -€903
down €903 (-3.2%), from €28,068 to €27,165
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.
Cash bridge derived
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 | €221,801 | €222,165 | +€363 | +0.2% |
| Fixed assets | 21/28 | €172,219 | €145,055 | -€27,165 | -15.8% |
| Tangible fixed assets | 22/27 | €127,219 | €100,055 | -€27,165 | -21.4% |
| Land and buildings | 22 | €105,210 | €85,365 | -€19,845 | -18.9% |
| Plant, machinery and equipment | 23 | €2,334 | €1,815 | -€519 | -22.2% |
| Furniture and vehicles | 24 | €19,675 | €12,874 | -€6,802 | -34.6% |
| Financial fixed assets | 28 | €45,000 | €45,000 | = | 0.0% |
| Current assets | 29/58 | €49,582 | €77,110 | +€27,528 | +55.5% |
| Amounts receivable within one year | 40/41 | €36,619 | €77,060 | +€40,441 | +110.4% |
| Trade receivables | 40 | €36,619 | €77,060 | +€40,441 | +110.4% |
| Cash at bank and in hand | 54/58 | €12,963 | €50 | -€12,913 | -99.6% |
| Total equity and liabilities | 10/49 | €221,801 | €222,165 | +€363 | +0.2% |
| Equity | 10/15 | €73,636 | €76,216 | +€2,580 | +3.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €65,000 | €65,000 | = | 0.0% |
| Distributable reserves | 133 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €576 | €3,156 | +€2,580 | +448.1% |
| Amounts payable | 17/49 | €148,165 | €145,948 | -€2,217 | -1.5% |
| Amounts payable after more than one year | 17 | €82,913 | €52,149 | -€30,764 | -37.1% |
| Financial debts | 170/4 | €82,913 | €52,149 | -€30,764 | -37.1% |
| Amounts payable within one year | 42/48 | €65,252 | €93,799 | +€28,547 | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €29,490 | €30,764 | +€1,274 | +4.3% |
| Financial debts | 43 | - | €8,904 | +€8,904 | |
| Credit institutions | 430/8 | - | €8,904 | +€8,904 | |
| Trade debts | 44 | €737 | €10,123 | +€9,386 | +1272.9% |
| Suppliers | 440/4 | €737 | €10,123 | +€9,386 | +1272.9% |
| Taxes, remuneration and social security | 45 | €33,435 | €14,577 | -€18,858 | -56.4% |
| Taxes | 450/3 | €33,435 | €14,577 | -€18,858 | -56.4% |
| Other amounts payable | 47/48 | €1,590 | €29,431 | +€27,841 | +1750.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,068 | €27,165 | -€903 | -3.2% |
| Other operating charges | 640/8 | €240 | €684 | +€445 | +185.3% |
| Gross operating margin | 9900 | €74,584 | €38,028 | -€36,556 | -49.0% |
| Operating profit (loss) | 9901 | €46,276 | €10,179 | -€36,098 | -78.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,004 | €4,946 | -€1,058 | -17.6% |
| Recurring financial charges | 65 | €6,004 | €4,946 | -€1,058 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €40,272 | €5,233 | -€35,040 | -87.0% |
| Income taxes | 67/77 | €10,851 | €2,652 | -€8,198 | -75.6% |
| Profit (loss) for the period | 9904 | €29,422 | €2,580 | -€26,841 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,422 | €2,580 | -€26,841 | -91.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.