FELETI: 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.
FELETI
Largest movements
- Cash -€20,623
down €20,623 (-19.2%), from €107,626 to €87,003
mainly Contributions, distributions and other (-€141,434) and Trade debts (-€2,010)
- Receivables within one year -€2,592
down €2,592 (-20.4%), from €12,705 to €10,113
of which Trade receivables: -€2,662
- Profit (loss) carried forward -€101,367
down €101,367 (-100.0%), from €101,367 to €0
- Other debts +€78,911
up €78,911 (+5406.6%), from €1,460 to €80,371
- Trade debts -€2,010
down €2,010 (-86.4%), from €2,325 to €315
No income-statement line moved by more than 1% of the activity.
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 | €121,137 | €97,798 | -€23,340 | -19.3% |
| Current assets | 29/58 | €121,137 | €97,798 | -€23,340 | -19.3% |
| Amounts receivable within one year | 40/41 | €12,705 | €10,113 | -€2,592 | -20.4% |
| Trade receivables | 40 | €12,705 | €10,043 | -€2,662 | -21.0% |
| Other amounts receivable | 41 | €0 | €70 | +€70 | |
| Cash at bank and in hand | 54/58 | €107,626 | €87,003 | -€20,623 | -19.2% |
| Deferred charges and accrued income | 490/1 | €806 | €681 | -€125 | -15.5% |
| Total equity and liabilities | 10/49 | €121,137 | €97,798 | -€23,340 | -19.3% |
| Equity | 10/15 | €106,367 | €5,000 | -€101,367 | -95.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,367 | €0 | -€101,367 | -100.0% |
| Amounts payable | 17/49 | €14,770 | €92,798 | +€78,027 | +528.3% |
| Amounts payable within one year | 42/48 | €14,770 | €92,798 | +€78,027 | +528.3% |
| Financial debts | 43 | €0 | €64 | +€64 | |
| Credit institutions | 430/8 | €0 | €64 | +€64 | |
| Trade debts | 44 | €2,325 | €315 | -€2,010 | -86.4% |
| Suppliers | 440/4 | €2,325 | €315 | -€2,010 | -86.4% |
| Taxes, remuneration and social security | 45 | €10,986 | €12,048 | +€1,062 | +9.7% |
| Taxes | 450/3 | €10,986 | €12,048 | +€1,062 | +9.7% |
| Other amounts payable | 47/48 | €1,460 | €80,371 | +€78,911 | +5406.6% |
| Other operating charges | 640/8 | €683 | €831 | +€148 | +21.7% |
| Gross operating margin | 9900 | €53,671 | €53,265 | -€406 | -0.8% |
| Operating profit (loss) | 9901 | €52,988 | €52,434 | -€554 | -1.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €305 | €234 | -€71 | -23.1% |
| Recurring financial charges | 65 | €305 | €234 | -€71 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €52,683 | €52,200 | -€483 | -0.9% |
| Income taxes | 67/77 | €12,022 | €12,133 | +€111 | +0.9% |
| Profit (loss) for the period | 9904 | €40,661 | €40,067 | -€594 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,661 | €40,067 | -€594 | -1.5% |
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 28 September 2026 via checked.be.