FELIS FINANCIAL SERVICES: what changed
What changed
FELIS FINANCIAL SERVICES
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Net result for the year
€511,299
2024 · €402,499+€108,799
Equity
€1.5m
2024 · €1.1m+€418,799
Cash
€1.7m
2024 · €1.4m+€326,473
Balance sheet total
€1.7m
2024 · €1.4m+€296,000
Largest movements
Assets
- Cash +€326,473
up €326,473 (+23.9%), from €1.4m to €1.7m
mainly Net result for the year (+€511,299) and Depreciation (+€22,693)
Equity and liabilities
- Reserves +€225,000
up €225,000 (+39.3%), from €571,860 to €796,860
of which Distributable reserves: +€225,000
- Profit (loss) carried forward +€193,799
up €193,799 (+35.2%), from €550,664 to €744,463
- Other debts -€115,030
down €115,030 (-53.4%), from €215,218 to €100,188
Income statement
- Gross operating margin +€223,640
up €223,640 (+25.7%), from €871,847 to €1.1m
- Taxes +€56,751
up €56,751 (+36.7%), from €154,701 to €211,452
- Staff costs +€50,174
up €50,174 (+16.0%), from €312,623 to €362,796
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.
Result 2024
€402,499
Gross operating margin
+€223,640
Staff costs
-€50,174
Depreciation
-€507
Other operating charges
+€788
Financial income
-€8,173
Financial charges
-€25
Taxes
-€56,751
Result 2025
€511,299
raises the resultlowers the result
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.
From operations
+€418,973
Investment
€0
Financing
-€92,500
Cash 2024
€1.4m
From operations (derived)
+€418,973
Net result for the year
+€511,299
Depreciation
+€22,693
Receivables within one year
+€1,420
Deferred charges and accrued income
+€6,359
Trade debts
-€4,865
Tax, wage and social debts
-€2,903
Other debts
-€115,030
Financing
-€92,500
Contributions, distributions and other
-€92,500
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,420,876 | €1,716,877 | +€296,000 | +20.8% |
| Fixed assets | 21/28 | €36,201 | €13,507 | -€22,693 | -62.7% |
| Intangible fixed assets | 21 | €15,894 | - | -€15,894 | |
| Tangible fixed assets | 22/27 | €20,306 | €13,507 | -€6,799 | -33.5% |
| Furniture and vehicles | 24 | €17,167 | €11,018 | -€6,149 | -35.8% |
| Other tangible fixed assets | 26 | €3,140 | €2,490 | -€650 | -20.7% |
| Current assets | 29/58 | €1,384,676 | €1,703,369 | +€318,693 | +23.0% |
| Amounts receivable within one year | 40/41 | €1,420 | - | -€1,420 | |
| Trade receivables | 40 | €1,420 | - | -€1,420 | |
| Cash at bank and in hand | 54/58 | €1,364,147 | €1,690,620 | +€326,473 | +23.9% |
| Deferred charges and accrued income | 490/1 | €19,109 | €12,749 | -€6,359 | -33.3% |
| Total equity and liabilities | 10/49 | €1,420,876 | €1,716,877 | +€296,000 | +20.8% |
| Equity | 10/15 | €1,128,724 | €1,547,523 | +€418,799 | +37.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €571,860 | €796,860 | +€225,000 | +39.3% |
| 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 | €570,000 | €795,000 | +€225,000 | +39.5% |
| Profit (loss) carried forward | 14 | €550,664 | €744,463 | +€193,799 | +35.2% |
| Amounts payable | 17/49 | €292,152 | €169,354 | -€122,798 | -42.0% |
| Amounts payable within one year | 42/48 | €292,152 | €169,354 | -€122,798 | -42.0% |
| Trade debts | 44 | €6,098 | €1,233 | -€4,865 | -79.8% |
| Suppliers | 440/4 | €6,098 | €1,233 | -€4,865 | -79.8% |
| Taxes, remuneration and social security | 45 | €70,836 | €67,933 | -€2,903 | -4.1% |
| Taxes | 450/3 | €31,258 | €37,721 | +€6,464 | +20.7% |
| Remuneration and social security | 454/9 | €39,579 | €30,212 | -€9,367 | -23.7% |
| Other amounts payable | 47/48 | €215,218 | €100,188 | -€115,030 | -53.4% |
| Remuneration, social security and pensions | 62 | €312,623 | €362,796 | +€50,174 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,186 | €22,693 | +€507 | +2.3% |
| Other operating charges | 640/8 | €5,366 | €4,578 | -€788 | -14.7% |
| Gross operating margin | 9900 | €871,847 | €1,095,487 | +€223,640 | +25.7% |
| Operating profit (loss) | 9901 | €531,672 | €705,419 | +€173,748 | +32.7% |
| Financial income | 75/76B | €26,036 | €17,863 | -€8,173 | -31.4% |
| Recurring financial income | 75 | €26,036 | €17,863 | -€8,173 | -31.4% |
| Non-recurring financial income | 76B | €26,036 | - | -€26,036 | |
| Financial charges | 65/66B | €507 | €532 | +€25 | +4.8% |
| Recurring financial charges | 65 | €507 | €482 | -€26 | -5.0% |
| Non-recurring financial charges | 66B | - | €50 | +€50 | |
| Profit (loss) for the period before taxes | 9903 | €557,200 | €722,750 | +€165,550 | +29.7% |
| Income taxes | 67/77 | €154,701 | €211,452 | +€56,751 | +36.7% |
| Profit (loss) for the period | 9904 | €402,499 | €511,299 | +€108,799 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €402,499 | €511,299 | +€108,799 | +27.0% |
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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 2 November 2026 via checked.be.