Felican: 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.
Felican
Largest movements
- Receivables after one year +€35,140
up €35,140 (+251.0%), from €14,000 to €49,140
- Cash -€5,860
down €5,860 (-60.1%), from €9,752 to €3,892
mainly Receivables after one year (-€35,140) and Debts after one year (-€5,257)
- Receivables within one year -€1,809
down €1,809 (-79.3%), from €2,283 to €474
of which Trade receivables: -€1,776
- Tangible fixed assets -€806
down €806 (-45.6%), from €1,766 to €960
- Reserves +€29,697
up €29,697 (+201.6%), from €14,732 to €44,429
- Tax, wage and social debts +€6,332
up €6,332 (+39.0%), from €16,247 to €22,579
- Debts after one year -€5,257
no longer reported in 2025 (was €5,257)
- Current portion of long-term debt -€3,649
down €3,649 (-62.0%), from €5,881 to €2,233
- Advances received -€2,541
no longer reported in 2025 (was €2,541)
- Gross operating margin +€11,984
up €11,984 (+29.4%), from €40,815 to €52,799
- Taxes +€6,968
up €6,968 (+52.8%), from €13,192 to €20,160
- Financial charges -€718
down €718 (-54.9%), from €1,307 to €589
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 | €47,801 | €74,466 | +€26,665 | +55.8% |
| Fixed assets | 21/28 | €21,766 | €20,960 | -€806 | -3.7% |
| Tangible fixed assets | 22/27 | €1,766 | €960 | -€806 | -45.6% |
| Furniture and vehicles | 24 | €1,766 | €960 | -€806 | -45.6% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €26,035 | €53,506 | +€27,471 | +105.5% |
| Amounts receivable after more than one year | 29 | €14,000 | €49,140 | +€35,140 | +251.0% |
| Other amounts receivable | 291 | €14,000 | €49,140 | +€35,140 | +251.0% |
| Amounts receivable within one year | 40/41 | €2,283 | €474 | -€1,809 | -79.3% |
| Trade receivables | 40 | €2,100 | €324 | -€1,776 | -84.6% |
| Other amounts receivable | 41 | €183 | €149 | -€34 | -18.5% |
| Cash at bank and in hand | 54/58 | €9,752 | €3,892 | -€5,860 | -60.1% |
| Total equity and liabilities | 10/49 | €47,801 | €74,466 | +€26,665 | +55.8% |
| Equity | 10/15 | €17,732 | €47,429 | +€29,697 | +167.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,732 | €44,429 | +€29,697 | +201.6% |
| Distributable reserves | 133 | €14,732 | €44,429 | +€29,697 | +201.6% |
| Amounts payable | 17/49 | €30,070 | €27,038 | -€3,032 | -10.1% |
| Amounts payable after more than one year | 17 | €5,257 | - | -€5,257 | |
| Financial debts | 170/4 | €5,257 | - | -€5,257 | |
| Amounts payable within one year | 42/48 | €24,813 | €27,038 | +€2,224 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €5,881 | €2,233 | -€3,649 | -62.0% |
| Trade debts | 44 | - | €2,226 | +€2,226 | |
| Suppliers | 440/4 | - | €2,226 | +€2,226 | |
| Advances received on contracts in progress | 46 | €2,541 | - | -€2,541 | |
| Taxes, remuneration and social security | 45 | €16,247 | €22,579 | +€6,332 | +39.0% |
| Taxes | 450/3 | €16,247 | €22,579 | +€6,332 | +39.0% |
| Other amounts payable | 47/48 | €144 | - | -€144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,227 | €806 | -€422 | -34.3% |
| Other operating charges | 640/8 | €1,371 | €1,548 | +€177 | +12.9% |
| Gross operating margin | 9900 | €40,815 | €52,799 | +€11,984 | +29.4% |
| Operating profit (loss) | 9901 | €38,217 | €50,445 | +€12,228 | +32.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,307 | €589 | -€718 | -54.9% |
| Recurring financial charges | 65 | €1,307 | €589 | -€718 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €36,910 | €49,857 | +€12,946 | +35.1% |
| Income taxes | 67/77 | €13,192 | €20,160 | +€6,968 | +52.8% |
| Profit (loss) for the period | 9904 | €23,719 | €29,697 | +€5,978 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,719 | €29,697 | +€5,978 | +25.2% |
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 11 October 2026 via checked.be.