FELIAN: 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.
FELIAN
Largest movements
- Receivables within one year +€12,768
up €12,768 (+48.8%), from €26,179 to €38,947
of which Trade receivables: +€18,886
- Deferred charges and accrued income -€11,922
down €11,922 (-86.5%), from €13,777 to €1,855
- Cash -€9,600
down €9,600 (-45.0%), from €21,332 to €11,732
mainly Other debts (-€14,380) and Receivables within one year (-€12,768)
- Trade debts +€15,307
up €15,307 (+288.1%), from €5,313 to €20,620
- Other debts -€14,380
down €14,380 (-37.2%), from €38,650 to €24,270
- Profit (loss) carried forward -€8,575
down €8,575, from €0 to -€8,575
- Tax, wage and social debts +€2,551
up €2,551 (+56.0%), from €4,556 to €7,107
- Current portion of long-term debt -€2,313
down €2,313 (-100.0%), from €2,313 to €0
- Gross operating margin -€11,543
down €11,543, from €8,224 to -€3,319
- Taxes -€1,501
down €1,501 (-90.9%), from €1,651 to €150
- Other operating charges +€1,124
up €1,124 (+209.7%), from €536 to €1,660
- Financial charges +€627
up €627 (+23.6%), from €2,660 to €3,287
- Depreciation -€257
down €257 (-50.0%), from €515 to €257
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,772 | €55,761 | -€9,011 | -13.9% |
| Fixed assets | 21/28 | €3,484 | €3,227 | -€257 | -7.4% |
| Tangible fixed assets | 22/27 | €3,484 | €3,227 | -€257 | -7.4% |
| Plant, machinery and equipment | 23 | €3,484 | €3,227 | -€257 | -7.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €61,288 | €52,534 | -€8,754 | -14.3% |
| Amounts receivable within one year | 40/41 | €26,179 | €38,947 | +€12,768 | +48.8% |
| Trade receivables | 40 | €14,324 | €33,209 | +€18,886 | +131.8% |
| Other amounts receivable | 41 | €11,855 | €5,738 | -€6,117 | -51.6% |
| Cash at bank and in hand | 54/58 | €21,332 | €11,732 | -€9,600 | -45.0% |
| Deferred charges and accrued income | 490/1 | €13,777 | €1,855 | -€11,922 | -86.5% |
| Total equity and liabilities | 10/49 | €64,772 | €55,761 | -€9,011 | -13.9% |
| Equity | 10/15 | €12,339 | €3,764 | -€8,575 | -69.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,339 | €9,339 | = | 0.0% |
| Distributable reserves | 133 | €9,339 | €9,339 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€8,575 | -€8,575 | |
| Amounts payable | 17/49 | €52,433 | €51,997 | -€436 | -0.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €50,833 | €51,997 | +€1,164 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €2,313 | €0 | -€2,313 | -100.0% |
| Trade debts | 44 | €5,313 | €20,620 | +€15,307 | +288.1% |
| Suppliers | 440/4 | €5,313 | €20,620 | +€15,307 | +288.1% |
| Taxes, remuneration and social security | 45 | €4,556 | €7,107 | +€2,551 | +56.0% |
| Taxes | 450/3 | €4,556 | €7,107 | +€2,551 | +56.0% |
| Other amounts payable | 47/48 | €38,650 | €24,270 | -€14,380 | -37.2% |
| Accrued charges and deferred income | 492/3 | €1,600 | €0 | -€1,600 | -100.0% |
| Non-recurring operating income | 76A | €7,956 | €0 | -€7,956 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €515 | €257 | -€257 | -50.0% |
| Other operating charges | 640/8 | €536 | €1,660 | +€1,124 | +209.7% |
| Gross operating margin | 9900 | €8,224 | -€3,319 | -€11,543 | |
| Operating profit (loss) | 9901 | €7,173 | -€5,236 | -€12,409 | |
| Financial income | 75/76B | - | €98 | +€98 | |
| Recurring financial income | 75 | - | €98 | +€98 | |
| Financial charges | 65/66B | €2,660 | €3,287 | +€627 | +23.6% |
| Recurring financial charges | 65 | €2,660 | €3,287 | +€627 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €4,513 | -€8,425 | -€12,939 | |
| Income taxes | 67/77 | €1,651 | €150 | -€1,501 | -90.9% |
| Profit (loss) for the period | 9904 | €2,862 | -€8,575 | -€11,438 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,862 | -€8,575 | -€11,438 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.