Felix Construction: 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.
Felix Construction
Largest movements
- Receivables within one year +€38,767
up €38,767 (+31.1%), from €124,610 to €163,376
of which Other amounts receivable: +€26,255
- Cash -€20,836
down €20,836 (-100.0%), from €20,836 to €0
mainly Receivables within one year (-€38,767) and Investment in fixed assets (net) (-€25,471)
- Tangible fixed assets +€4,712
up €4,712 (+10.6%), from €44,458 to €49,170
of which Furniture and vehicles: +€7,140
- Trade debts +€28,011
up €28,011 (+4812.3%), from €582 to €28,593
- Debts after one year +€18,391
up €18,391 (+68.2%), from €26,970 to €45,361
- Tax, wage and social debts -€17,659
down €17,659 (-38.4%), from €45,999 to €28,340
of which Remuneration and social security: -€12,000
- Other debts -€17,000
down €17,000 (-68.0%), from €25,000 to €8,000
- Profit (loss) carried forward +€8,868
up €8,868 (+19.2%), from €46,189 to €55,056
- Gross operating margin -€47,935
down €47,935 (-51.4%), from €93,216 to €45,281
- Taxes -€6,700
down €6,700 (-60.9%), from €11,000 to €4,300
- Other operating charges +€1,810
up €1,810 (+55.5%), from €3,263 to €5,073
- Financial income +€960
up €960 (+34.1%), from €2,812 to €3,772
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 | €190,435 | €213,078 | +€22,642 | +11.9% |
| Fixed assets | 21/28 | €44,990 | €49,701 | +€4,712 | +10.5% |
| Tangible fixed assets | 22/27 | €44,458 | €49,170 | +€4,712 | +10.6% |
| Land and buildings | 22 | - | €1,719 | +€1,719 | |
| Plant, machinery and equipment | 23 | €3,543 | €617 | -€2,926 | -82.6% |
| Furniture and vehicles | 24 | €33,536 | €40,676 | +€7,140 | +21.3% |
| Other tangible fixed assets | 26 | €7,379 | €6,158 | -€1,222 | -16.6% |
| Financial fixed assets | 28 | €531 | €531 | = | 0.0% |
| Current assets | 29/58 | €145,446 | €163,376 | +€17,931 | +12.3% |
| Amounts receivable within one year | 40/41 | €124,610 | €163,376 | +€38,767 | +31.1% |
| Trade receivables | 40 | €75,386 | €87,897 | +€12,511 | +16.6% |
| Other amounts receivable | 41 | €49,224 | €75,479 | +€26,255 | +53.3% |
| Cash at bank and in hand | 54/58 | €20,836 | €0 | -€20,836 | -100.0% |
| Total equity and liabilities | 10/49 | €190,435 | €213,078 | +€22,642 | +11.9% |
| Equity | 10/15 | €90,339 | €99,206 | +€8,868 | +9.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,750 | €31,750 | = | 0.0% |
| 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 | €29,890 | €29,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,189 | €55,056 | +€8,868 | +19.2% |
| Amounts payable | 17/49 | €100,096 | €113,871 | +€13,775 | +13.8% |
| Amounts payable after more than one year | 17 | €26,970 | €45,361 | +€18,391 | +68.2% |
| Financial debts | 170/4 | €26,970 | €45,361 | +€18,391 | +68.2% |
| Amounts payable within one year | 42/48 | €73,126 | €68,510 | -€4,616 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €1,546 | €1,609 | +€64 | +4.1% |
| Financial debts | 43 | - | €1,968 | +€1,968 | |
| Credit institutions | 430/8 | - | €1,968 | +€1,968 | |
| Trade debts | 44 | €582 | €28,593 | +€28,011 | +4812.3% |
| Suppliers | 440/4 | €582 | €28,593 | +€28,011 | +4812.3% |
| Taxes, remuneration and social security | 45 | €45,999 | €28,340 | -€17,659 | -38.4% |
| Taxes | 450/3 | €33,999 | €28,340 | -€5,659 | -16.6% |
| Remuneration and social security | 454/9 | €12,000 | - | -€12,000 | |
| Other amounts payable | 47/48 | €25,000 | €8,000 | -€17,000 | -68.0% |
| Remuneration, social security and pensions | 62 | €109 | - | -€109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,309 | €20,760 | +€451 | +2.2% |
| Other operating charges | 640/8 | €3,263 | €5,073 | +€1,810 | +55.5% |
| Non-recurring operating charges | 66A | - | €49 | +€49 | |
| Gross operating margin | 9900 | €93,216 | €45,281 | -€47,935 | -51.4% |
| Operating profit (loss) | 9901 | €69,535 | €19,399 | -€50,136 | -72.1% |
| Financial income | 75/76B | €2,812 | €3,772 | +€960 | +34.1% |
| Recurring financial income | 75 | €2,812 | €3,772 | +€960 | +34.1% |
| Financial charges | 65/66B | €2,006 | €2,003 | -€3 | -0.1% |
| Recurring financial charges | 65 | €2,006 | €2,003 | -€3 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €70,341 | €21,168 | -€49,173 | -69.9% |
| Income taxes | 67/77 | €11,000 | €4,300 | -€6,700 | -60.9% |
| Profit (loss) for the period | 9904 | €59,341 | €16,868 | -€42,473 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,341 | €16,868 | -€42,473 | -71.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.