FELIROSA: what changed
FELIROSA
Largest movements
- Tangible fixed assets +€100,397
up €100,397 (+31.6%), from €317,978 to €418,375
of which Plant, machinery and equipment: +€139,237
- Receivables within one year -€43,337
down €43,337 (-50.3%), from €86,228 to €42,891
of which Trade receivables: -€41,831
- Other debts +€68,958
up €68,958 (+14.0%), from €491,202 to €560,160
- Debts after one year -€10,186
down €10,186 (-29.7%), from €34,281 to €24,096
of which Financial debts: -€14,044
- Profit (loss) carried forward +€8,241
up €8,241 (+5.3%), from -€156,601 to -€148,360
- Trade debts -€7,621
down €7,621 (-78.9%), from €9,664 to €2,043
- Gross operating margin +€33,252
up €33,252 (+81.5%), from €40,804 to €74,056
- Depreciation +€9,900
up €9,900 (+21.0%), from €47,211 to €57,111
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €412,392 | €471,288 | +€58,895 | +14.3% |
| Fixed assets | 21/28 | €317,978 | €418,375 | +€100,397 | +31.6% |
| Tangible fixed assets | 22/27 | €317,978 | €418,375 | +€100,397 | +31.6% |
| Land and buildings | 22 | €259,220 | €225,130 | -€34,090 | -13.2% |
| Plant, machinery and equipment | 23 | €54,008 | €193,245 | +€139,237 | +258% |
| Furniture and vehicles | 24 | €4,750 | €0 | -€4,750 | -100% |
| Current assets | 29/58 | €94,414 | €52,913 | -€41,501 | -44.0% |
| Amounts receivable within one year | 40/41 | €86,228 | €42,891 | -€43,337 | -50.3% |
| Trade receivables | 40 | €84,142 | €42,311 | -€41,831 | -49.7% |
| Other amounts receivable | 41 | €2,086 | €580 | -€1,506 | -72.2% |
| Cash at bank and in hand | 54/58 | €8,186 | €8,878 | +€692 | +8.4% |
| Deferred charges and accrued income | 490/1 | - | €1,144 | +€1,144 | |
| Total equity and liabilities | 10/49 | €412,392 | €471,288 | +€58,895 | +14.3% |
| Equity | 10/15 | -€138,001 | -€129,760 | +€8,241 | +6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,601 | -€148,360 | +€8,241 | +5.3% |
| Amounts payable | 17/49 | €550,393 | €601,048 | +€50,655 | +9.2% |
| Amounts payable after more than one year | 17 | €34,281 | €24,096 | -€10,186 | -29.7% |
| Financial debts | 170/4 | €34,281 | €20,238 | -€14,044 | -41.0% |
| Other amounts payable | 178/9 | - | €3,858 | +€3,858 | |
| Amounts payable within one year | 42/48 | €516,112 | €576,952 | +€60,840 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €15,246 | €14,286 | -€960 | -6.3% |
| Trade debts | 44 | €9,664 | €2,043 | -€7,621 | -78.9% |
| Suppliers | 440/4 | €9,664 | €2,043 | -€7,621 | -78.9% |
| Taxes, remuneration and social security | 45 | - | €464 | +€464 | |
| Taxes | 450/3 | - | €464 | +€464 | |
| Other amounts payable | 47/48 | €491,202 | €560,160 | +€68,958 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,211 | €57,111 | +€9,900 | +21.0% |
| Other operating charges | 640/8 | €8,841 | €8,649 | -€193 | -2.2% |
| Gross operating margin | 9900 | €40,804 | €74,056 | +€33,252 | +81.5% |
| Operating profit (loss) | 9901 | -€15,248 | €8,296 | +€23,545 | |
| Financial income | 75/76B | - | €718 | +€718 | |
| Recurring financial income | 75 | - | €718 | +€718 | |
| Financial charges | 65/66B | €880 | €773 | -€107 | -12.1% |
| Recurring financial charges | 65 | €880 | €773 | -€107 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,128 | €8,241 | +€24,369 | |
| Profit (loss) for the period | 9904 | -€16,128 | €8,241 | +€24,369 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,128 | €8,241 | +€24,369 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.