FELEB-BOUW: 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.
FELEB-BOUW
Largest movements
- Tangible fixed assets -€9,023
down €9,023 (-12.8%), from €70,716 to €61,693
of which Furniture and vehicles: -€7,705
- Receivables within one year -€4,112
down €4,112 (-32.2%), from €12,766 to €8,654
of which Trade receivables: -€5,464
- Stocks and contracts +€4,000
up €4,000 (+114%), from €3,500 to €7,500
- Profit (loss) carried forward +€18,869
up €18,869 (+31.6%), from -€59,663 to -€40,794
- Short-term financial debts -€16,771
down €16,771 (-87.1%), from €19,263 to €2,492
- Other debts -€8,904
down €8,904 (-23.4%), from €37,988 to €29,084
- Current portion of long-term debt -€6,285
down €6,285 (-47.3%), from €13,291 to €7,006
- Debts after one year +€2,468
up €2,468 (+65.1%), from €3,789 to €6,258
- Gross operating margin +€26,521
up €26,521 (+88.1%), from €30,087 to €56,609
- Write-downs +€8,171
new in 2026: €8,171
- Depreciation +€3,657
up €3,657 (+18.2%), from €20,120 to €23,777
- Financial charges -€1,190
down €1,190 (-24.2%), from €4,921 to €3,732
- Other operating charges -€1,096
down €1,096 (-37.0%), from €2,960 to €1,864
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,283 | €80,333 | -€8,951 | -10.0% |
| Fixed assets | 21/28 | €70,716 | €61,693 | -€9,023 | -12.8% |
| Tangible fixed assets | 22/27 | €70,716 | €61,693 | -€9,023 | -12.8% |
| Plant, machinery and equipment | 23 | €41,661 | €40,343 | -€1,318 | -3.2% |
| Furniture and vehicles | 24 | €29,056 | €21,350 | -€7,705 | -26.5% |
| Current assets | 29/58 | €18,567 | €18,639 | +€72 | +0.4% |
| Stocks and contracts in progress | 3 | €3,500 | €7,500 | +€4,000 | +114% |
| Contracts in progress | 37 | €3,500 | €7,500 | +€4,000 | +114% |
| Amounts receivable within one year | 40/41 | €12,766 | €8,654 | -€4,112 | -32.2% |
| Trade receivables | 40 | €10,828 | €5,364 | -€5,464 | -50.5% |
| Other amounts receivable | 41 | €1,938 | €3,290 | +€1,352 | +69.8% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €447 | €798 | +€351 | +78.6% |
| Deferred charges and accrued income | 490/1 | €1,854 | €1,687 | -€167 | -9.0% |
| Total equity and liabilities | 10/49 | €89,283 | €80,333 | -€8,951 | -10.0% |
| Equity | 10/15 | €13,650 | €32,519 | +€18,869 | +138% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €9,314 | €9,314 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,650 | €2,650 | = | 0.0% |
| Distributable reserves | 133 | €6,664 | €6,664 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,663 | -€40,794 | +€18,869 | +31.6% |
| Amounts payable | 17/49 | €75,633 | €47,813 | -€27,820 | -36.8% |
| Amounts payable after more than one year | 17 | €3,789 | €6,258 | +€2,468 | +65.1% |
| Financial debts | 170/4 | €3,789 | €6,258 | +€2,468 | +65.1% |
| Amounts payable within one year | 42/48 | €71,844 | €41,556 | -€30,288 | -42.2% |
| Current portion of amounts payable after more than one year | 42 | €13,291 | €7,006 | -€6,285 | -47.3% |
| Financial debts | 43 | €19,263 | €2,492 | -€16,771 | -87.1% |
| Credit institutions | 430/8 | €19,263 | €2,492 | -€16,771 | -87.1% |
| Trade debts | 44 | €1,014 | €1,029 | +€14 | +1.4% |
| Suppliers | 440/4 | €1,014 | €1,029 | +€14 | +1.4% |
| Taxes, remuneration and social security | 45 | €288 | €1,945 | +€1,657 | +575% |
| Taxes | 450/3 | €288 | €471 | +€183 | +63.7% |
| Remuneration and social security | 454/9 | - | €1,473 | +€1,473 | |
| Other amounts payable | 47/48 | €37,988 | €29,084 | -€8,904 | -23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,120 | €23,777 | +€3,657 | +18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,171 | +€8,171 | |
| Other operating charges | 640/8 | €2,960 | €1,864 | -€1,096 | -37.0% |
| Gross operating margin | 9900 | €30,087 | €56,609 | +€26,521 | +88.1% |
| Operating profit (loss) | 9901 | €7,008 | €22,796 | +€15,788 | +225% |
| Financial income | 75/76B | €176 | €42 | -€134 | -76.0% |
| Recurring financial income | 75 | €176 | €42 | -€134 | -76.0% |
| Financial charges | 65/66B | €4,921 | €3,732 | -€1,190 | -24.2% |
| Recurring financial charges | 65 | €4,921 | €3,732 | -€1,190 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €2,262 | €19,107 | +€16,844 | +745% |
| Income taxes | 67/77 | €227 | €238 | +€11 | +4.8% |
| Profit (loss) for the period | 9904 | €2,036 | €18,869 | +€16,834 | +827% |
| Profit (loss) for the period to be appropriated | 9905 | €2,036 | €18,869 | +€16,834 | +827% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.