Féline: 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.
Féline
Largest movements
- Cash +€13,574
up €13,574 (+55.0%), from €24,687 to €38,262
mainly Net result for the year (+€27,762) and Tax, wage and social debts (+€2,510)
- Receivables within one year +€5,325
up €5,325 (+734.3%), from €725 to €6,050
of which Trade receivables: +€6,050
- Reserves +€27,762
up €27,762 (+14.3%), from €194,018 to €221,779
- Other debts -€10,450
down €10,450 (-92.6%), from €11,286 to €836
- Financial income +€9,022
up €9,022, from €0 to €9,022
- Gross operating margin +€4,754
up €4,754 (+17.2%), from €27,712 to €32,466
- Taxes +€4,307
up €4,307 (+61.4%), from €7,018 to €11,325
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 | €260,430 | €279,877 | +€19,447 | +7.5% |
| Fixed assets | 21/28 | €235,018 | €234,413 | -€605 | -0.3% |
| Tangible fixed assets | 22/27 | €10,018 | €9,413 | -€605 | -6.0% |
| Plant, machinery and equipment | 23 | - | €1,391 | +€1,391 | |
| Furniture and vehicles | 24 | €373 | €1,349 | +€976 | +261.7% |
| Other tangible fixed assets | 26 | €7,297 | €6,673 | -€624 | -8.5% |
| Assets under construction and advance payments | 27 | €2,348 | €0 | -€2,348 | -100.0% |
| Financial fixed assets | 28 | €225,000 | €225,000 | = | 0.0% |
| Current assets | 29/58 | €25,412 | €45,464 | +€20,052 | +78.9% |
| Amounts receivable within one year | 40/41 | €725 | €6,050 | +€5,325 | +734.3% |
| Trade receivables | 40 | €0 | €6,050 | +€6,050 | |
| Other amounts receivable | 41 | €725 | €0 | -€725 | -100.0% |
| Cash at bank and in hand | 54/58 | €24,687 | €38,262 | +€13,574 | +55.0% |
| Deferred charges and accrued income | 490/1 | €0 | €1,153 | +€1,153 | |
| Total equity and liabilities | 10/49 | €260,430 | €279,877 | +€19,447 | +7.5% |
| Equity | 10/15 | €244,018 | €271,779 | +€27,762 | +11.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €194,018 | €221,779 | +€27,762 | +14.3% |
| Distributable reserves | 133 | €194,018 | €221,779 | +€27,762 | +14.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,413 | €8,098 | -€8,315 | -50.7% |
| Amounts payable within one year | 42/48 | €16,413 | €8,098 | -€8,315 | -50.7% |
| Trade debts | 44 | €1,745 | €1,370 | -€375 | -21.5% |
| Suppliers | 440/4 | €1,745 | €1,370 | -€375 | -21.5% |
| Taxes, remuneration and social security | 45 | €3,382 | €5,891 | +€2,510 | +74.2% |
| Taxes | 450/3 | €3,382 | €5,891 | +€2,510 | +74.2% |
| Other amounts payable | 47/48 | €11,286 | €836 | -€10,450 | -92.6% |
| Non-recurring operating income | 76A | €8,415 | €377 | -€8,038 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,186 | €1,131 | -€54 | -4.6% |
| Other operating charges | 640/8 | €919 | €902 | -€17 | -1.9% |
| Gross operating margin | 9900 | €27,712 | €32,466 | +€4,754 | +17.2% |
| Operating profit (loss) | 9901 | €25,607 | €30,433 | +€4,826 | +18.8% |
| Financial income | 75/76B | €0 | €9,022 | +€9,022 | |
| Recurring financial income | 75 | €0 | €9,022 | +€9,022 | |
| Financial charges | 65/66B | €357 | €368 | +€11 | +3.2% |
| Recurring financial charges | 65 | €357 | €368 | +€11 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €25,250 | €39,086 | +€13,837 | +54.8% |
| Income taxes | 67/77 | €7,018 | €11,325 | +€4,307 | +61.4% |
| Profit (loss) for the period | 9904 | €18,232 | €27,762 | +€9,530 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,232 | €27,762 | +€9,530 | +52.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.