FELIBO: 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.
FELIBO
Largest movements
- Cash -€41,871
down €41,871 (-49.1%), from €85,328 to €43,457
mainly Other debts (-€53,449) and Debts after one year (-€10,390)
- Tangible fixed assets -€19,520
down €19,520 (-28.7%), from €68,123 to €48,603
of which Furniture and vehicles: -€18,712
- Other debts -€53,449
down €53,449 (-75.6%), from €70,662 to €17,213
- Debts after one year -€10,390
down €10,390 (-66.0%), from €15,740 to €5,350
- Reserves +€1,729
up €1,729 (+5.1%), from €34,037 to €35,766
of which Distributable reserves: +€1,729
- Gross operating margin +€1,847
up €1,847 (+8.0%), from €23,102 to €24,949
- Taxes +€551
up €551 (+126%), from €438 to €989
- Financial charges -€387
down €387 (-30.4%), from €1,273 to €886
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 | €154,884 | €92,627 | -€62,257 | -40.2% |
| Fixed assets | 21/28 | €68,123 | €48,603 | -€19,520 | -28.7% |
| Tangible fixed assets | 22/27 | €68,123 | €48,603 | -€19,520 | -28.7% |
| Plant, machinery and equipment | 23 | €1,021 | €788 | -€233 | -22.8% |
| Furniture and vehicles | 24 | €66,527 | €47,815 | -€18,712 | -28.1% |
| Other tangible fixed assets | 26 | €575 | - | -€575 | |
| Current assets | 29/58 | €86,762 | €44,024 | -€42,737 | -49.3% |
| Stocks and contracts in progress | 3 | €347 | - | -€347 | |
| Stocks | 30/36 | €347 | - | -€347 | |
| Amounts receivable within one year | 40/41 | €562 | €11 | -€551 | -98.0% |
| Other amounts receivable | 41 | €562 | €11 | -€551 | -98.0% |
| Cash at bank and in hand | 54/58 | €85,328 | €43,457 | -€41,871 | -49.1% |
| Deferred charges and accrued income | 490/1 | €526 | €556 | +€31 | +5.8% |
| Total equity and liabilities | 10/49 | €154,884 | €92,627 | -€62,257 | -40.2% |
| Equity | 10/15 | €52,637 | €54,366 | +€1,729 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,037 | €35,766 | +€1,729 | +5.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,177 | €33,906 | +€1,729 | +5.4% |
| Amounts payable | 17/49 | €102,248 | €38,262 | -€63,986 | -62.6% |
| Amounts payable after more than one year | 17 | €15,740 | €5,350 | -€10,390 | -66.0% |
| Financial debts | 170/4 | €15,740 | €5,350 | -€10,390 | -66.0% |
| Amounts payable within one year | 42/48 | €86,508 | €32,912 | -€53,596 | -62.0% |
| Current portion of amounts payable after more than one year | 42 | €9,990 | €10,390 | +€400 | +4.0% |
| Trade debts | 44 | €1,712 | €2,148 | +€436 | +25.5% |
| Suppliers | 440/4 | €1,712 | €2,148 | +€436 | +25.5% |
| Taxes, remuneration and social security | 45 | €4,143 | €3,160 | -€983 | -23.7% |
| Taxes | 450/3 | €3,293 | €3,160 | -€133 | -4.0% |
| Remuneration and social security | 454/9 | €850 | - | -€850 | |
| Other amounts payable | 47/48 | €70,662 | €17,213 | -€53,449 | -75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,671 | €20,829 | +€158 | +0.8% |
| Other operating charges | 640/8 | €517 | €533 | +€16 | +3.1% |
| Gross operating margin | 9900 | €23,102 | €24,949 | +€1,847 | +8.0% |
| Operating profit (loss) | 9901 | €1,915 | €3,588 | +€1,672 | +87.3% |
| Financial income | 75/76B | €1 | €16 | +€15 | +1,606% |
| Recurring financial income | 75 | €1 | €16 | +€15 | +1,606% |
| Financial charges | 65/66B | €1,273 | €886 | -€387 | -30.4% |
| Recurring financial charges | 65 | €1,273 | €886 | -€387 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €643 | €2,717 | +€2,075 | +323% |
| Income taxes | 67/77 | €438 | €989 | +€551 | +126% |
| Profit (loss) for the period | 9904 | €204 | €1,729 | +€1,524 | +746% |
| Profit (loss) for the period to be appropriated | 9905 | €204 | €1,729 | +€1,524 | +746% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.