Felias: 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.
Felias
Largest movements
- Cash +€16,439
up €16,439 (+120%), from €13,725 to €30,164
mainly Net result for the year (+€23,412) and Tax, wage and social debts (+€5,412)
- Profit (loss) carried forward +€23,412
up €23,412 (+32.3%), from -€72,409 to -€48,997
- Other debts -€12,528
down €12,528 (-83.5%), from €15,003 to €2,475
- Tax, wage and social debts +€5,412
up €5,412 (+450%), from €1,202 to €6,615
- Gross operating margin +€24,226
up €24,226 (+2,107%), from €1,150 to €25,377
- Depreciation -€1,680
down €1,680 (-91.0%), from €1,846 to €166
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 | €13,926 | €30,212 | +€16,287 | +117% |
| Fixed assets | 21/28 | €166 | €0 | -€166 | -100% |
| Intangible fixed assets | 21 | €166 | €0 | -€166 | -100% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €13,760 | €30,212 | +€16,453 | +120% |
| Amounts receivable within one year | 40/41 | €0 | €11 | +€11 | |
| Other amounts receivable | 41 | €0 | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €13,725 | €30,164 | +€16,439 | +120% |
| Deferred charges and accrued income | 490/1 | €35 | €38 | +€3 | +10.0% |
| Total equity and liabilities | 10/49 | €13,926 | €30,212 | +€16,287 | +117% |
| Equity | 10/15 | -€2,409 | €21,003 | +€23,412 | |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,409 | -€48,997 | +€23,412 | +32.3% |
| Amounts payable | 17/49 | €16,334 | €9,209 | -€7,125 | -43.6% |
| Amounts payable within one year | 42/48 | €16,334 | €9,209 | -€7,125 | -43.6% |
| Trade debts | 44 | €129 | €119 | -€10 | -7.4% |
| Suppliers | 440/4 | €129 | €119 | -€10 | -7.4% |
| Taxes, remuneration and social security | 45 | €1,202 | €6,615 | +€5,412 | +450% |
| Taxes | 450/3 | €1,202 | €6,615 | +€5,412 | +450% |
| Other amounts payable | 47/48 | €15,003 | €2,475 | -€12,528 | -83.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,846 | €166 | -€1,680 | -91.0% |
| Other operating charges | 640/8 | €603 | €626 | +€24 | +3.9% |
| Gross operating margin | 9900 | €1,150 | €25,377 | +€24,226 | +2,107% |
| Operating profit (loss) | 9901 | -€1,298 | €24,584 | +€25,883 | |
| Financial charges | 65/66B | €1,191 | €1,173 | -€18 | -1.5% |
| Recurring financial charges | 65 | €1,191 | €1,173 | -€18 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,489 | €23,412 | +€25,901 | |
| Profit (loss) for the period | 9904 | -€2,489 | €23,412 | +€25,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,489 | €23,412 | +€25,901 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.