Feliceane: 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.
Feliceane
Largest movements
- Receivables within one year -€12,166
down €12,166 (-82.2%), from €14,799 to €2,633
of which Trade receivables: -€11,115
- Tangible fixed assets -€6,422
down €6,422 (-12.1%), from €53,034 to €46,612
of which Land and buildings: -€18,027
- Cash +€4,263
up €4,263 (+20.3%), from €21,012 to €25,275
mainly Depreciation (+€14,296) and Receivables within one year (+€12,166)
- Intangible fixed assets -€4,000
down €4,000 (-16.2%), from €24,667 to €20,667
- Deferred charges and accrued income +€3,561
up €3,561 (+810%), from €439 to €4,000
- Debts after one year -€17,113
down €17,113 (-24.2%), from €70,856 to €53,742
- Profit (loss) carried forward +€8,095
up €8,095 (+246%), from €3,297 to €11,392
- Trade debts -€3,860
down €3,860 (-24.7%), from €15,615 to €11,755
- Gross operating margin -€10,927
down €10,927 (-6.6%), from €165,521 to €154,594
- Other operating charges -€8,723
down €8,723 (-61.9%), from €14,101 to €5,378
- Staff costs -€5,122
down €5,122 (-4.1%), from €125,514 to €120,391
- Depreciation +€4,998
up €4,998 (+53.8%), from €9,298 to €14,296
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 | €123,651 | €109,962 | -€13,689 | -11.1% |
| Fixed assets | 21/28 | €80,159 | €69,737 | -€10,422 | -13.0% |
| Intangible fixed assets | 21 | €24,667 | €20,667 | -€4,000 | -16.2% |
| Tangible fixed assets | 22/27 | €53,034 | €46,612 | -€6,422 | -12.1% |
| Land and buildings | 22 | €18,027 | - | -€18,027 | |
| Plant, machinery and equipment | 23 | €5,747 | €5,597 | -€151 | -2.6% |
| Furniture and vehicles | 24 | €29,260 | €25,286 | -€3,974 | -13.6% |
| Other tangible fixed assets | 26 | - | €15,729 | +€15,729 | |
| Financial fixed assets | 28 | €2,458 | €2,458 | = | 0.0% |
| Current assets | 29/58 | €43,492 | €40,226 | -€3,267 | -7.5% |
| Stocks and contracts in progress | 3 | €7,242 | €8,317 | +€1,075 | +14.8% |
| Stocks | 30/36 | €7,242 | €8,317 | +€1,075 | +14.8% |
| Amounts receivable within one year | 40/41 | €14,799 | €2,633 | -€12,166 | -82.2% |
| Trade receivables | 40 | €11,801 | €685 | -€11,115 | -94.2% |
| Other amounts receivable | 41 | €2,998 | €1,948 | -€1,050 | -35.0% |
| Cash at bank and in hand | 54/58 | €21,012 | €25,275 | +€4,263 | +20.3% |
| Deferred charges and accrued income | 490/1 | €439 | €4,000 | +€3,561 | +810% |
| Total equity and liabilities | 10/49 | €123,651 | €109,962 | -€13,689 | -11.1% |
| Equity | 10/15 | €5,297 | €13,392 | +€8,095 | +153% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,297 | €11,392 | +€8,095 | +246% |
| Amounts payable | 17/49 | €118,354 | €96,570 | -€21,784 | -18.4% |
| Amounts payable after more than one year | 17 | €70,856 | €53,742 | -€17,113 | -24.2% |
| Financial debts | 170/4 | €70,856 | €53,742 | -€17,113 | -24.2% |
| Amounts payable within one year | 42/48 | €47,499 | €42,828 | -€4,671 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €16,512 | €17,113 | +€601 | +3.6% |
| Trade debts | 44 | €15,615 | €11,755 | -€3,860 | -24.7% |
| Suppliers | 440/4 | €15,615 | €11,755 | -€3,860 | -24.7% |
| Taxes, remuneration and social security | 45 | €9,986 | €9,656 | -€330 | -3.3% |
| Taxes | 450/3 | €1,577 | €786 | -€791 | -50.2% |
| Remuneration and social security | 454/9 | €8,408 | €8,870 | +€462 | +5.5% |
| Other amounts payable | 47/48 | €5,386 | €4,304 | -€1,082 | -20.1% |
| Remuneration, social security and pensions | 62 | €125,514 | €120,391 | -€5,122 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,298 | €14,296 | +€4,998 | +53.8% |
| Other operating charges | 640/8 | €14,101 | €5,378 | -€8,723 | -61.9% |
| Gross operating margin | 9900 | €165,521 | €154,594 | -€10,927 | -6.6% |
| Operating profit (loss) | 9901 | €16,608 | €14,529 | -€2,079 | -12.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,400% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,400% |
| Financial charges | 65/66B | €3,391 | €3,478 | +€87 | +2.6% |
| Recurring financial charges | 65 | €3,391 | €3,478 | +€87 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €13,216 | €11,051 | -€2,165 | -16.4% |
| Income taxes | 67/77 | €1,577 | €2,956 | +€1,379 | +87.4% |
| Profit (loss) for the period | 9904 | €11,639 | €8,095 | -€3,544 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,639 | €8,095 | -€3,544 | -30.4% |
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 16 October 2026 via checked.be.