FELIX EVENTS: 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 EVENTS
Largest movements
- Receivables within one year +€16,500
up €16,500 (+16.4%), from €100,398 to €116,899
of which Trade receivables: +€26,575
- Cash -€7,503
down €7,503 (-69.4%), from €10,808 to €3,306
mainly Net result for the year (-€46,844) and Receivables within one year (-€16,500)
- Intangible fixed assets -€6,332
down €6,332 (-11.3%), from €55,914 to €49,582
- Other debts +€66,167
up €66,167 (+121%), from €54,686 to €120,854
- Profit (loss) carried forward -€46,844
down €46,844 (-496%), from -€9,436 to -€56,280
- Trade debts +€15,126
up €15,126 (+21.9%), from €68,988 to €84,114
- Current portion of long-term debt -€14,658
down €14,658 (-57.7%), from €25,410 to €10,752
- Accrued charges and deferred income -€10,113
down €10,113 (-71.4%), from €14,163 to €4,050
- Gross operating margin +€45,344
up €45,344 (+56.8%), from -€79,794 to -€34,450
- Financial income -€8,804
down €8,804 (-99.3%), from €8,865 to €61
- Depreciation -€2,881
down €2,881 (-31.3%), from €9,213 to €6,332
- Financial charges +€2,332
up €2,332 (+72.3%), from €3,227 to €5,560
- Staff costs -€1,193
down €1,193 (-100%), from €1,193 to €0
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 | €168,621 | €169,786 | +€1,165 | +0.7% |
| Fixed assets | 21/28 | €55,914 | €49,582 | -€6,332 | -11.3% |
| Intangible fixed assets | 21 | €55,914 | €49,582 | -€6,332 | -11.3% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €112,707 | €120,204 | +€7,498 | +6.7% |
| Amounts receivable within one year | 40/41 | €100,398 | €116,899 | +€16,500 | +16.4% |
| Trade receivables | 40 | €70,186 | €96,760 | +€26,575 | +37.9% |
| Other amounts receivable | 41 | €30,213 | €20,138 | -€10,074 | -33.3% |
| Cash at bank and in hand | 54/58 | €10,808 | €3,306 | -€7,503 | -69.4% |
| Deferred charges and accrued income | 490/1 | €1,500 | €0 | -€1,500 | -100% |
| Total equity and liabilities | 10/49 | €168,621 | €169,786 | +€1,165 | +0.7% |
| Equity | 10/15 | -€3,236 | -€50,080 | -€46,844 | -1,447% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€9,436 | -€56,280 | -€46,844 | -496% |
| Amounts payable | 17/49 | €171,857 | €219,867 | +€48,009 | +27.9% |
| Amounts payable after more than one year | 17 | €8,610 | €0 | -€8,610 | -100% |
| Financial debts | 170/4 | €8,610 | €0 | -€8,610 | -100% |
| Amounts payable within one year | 42/48 | €149,084 | €215,817 | +€66,733 | +44.8% |
| Current portion of amounts payable after more than one year | 42 | €25,410 | €10,752 | -€14,658 | -57.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €68,988 | €84,114 | +€15,126 | +21.9% |
| Suppliers | 440/4 | €68,988 | €84,114 | +€15,126 | +21.9% |
| Taxes, remuneration and social security | 45 | €0 | €97 | +€97 | |
| Taxes | 450/3 | €0 | €97 | +€97 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €54,686 | €120,854 | +€66,167 | +121% |
| Accrued charges and deferred income | 492/3 | €14,163 | €4,050 | -€10,113 | -71.4% |
| Remuneration, social security and pensions | 62 | €1,193 | €0 | -€1,193 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,213 | €6,332 | -€2,881 | -31.3% |
| Other operating charges | 640/8 | €691 | €563 | -€128 | -18.5% |
| Non-recurring operating charges | 66A | €76,624 | €0 | -€76,624 | -100% |
| Gross operating margin | 9900 | -€79,794 | -€34,450 | +€45,344 | +56.8% |
| Operating profit (loss) | 9901 | -€167,514 | -€41,346 | +€126,169 | +75.3% |
| Financial income | 75/76B | €8,865 | €61 | -€8,804 | -99.3% |
| Recurring financial income | 75 | €8,865 | €61 | -€8,804 | -99.3% |
| Financial charges | 65/66B | €3,227 | €5,560 | +€2,332 | +72.3% |
| Recurring financial charges | 65 | €3,227 | €5,560 | +€2,332 | +72.3% |
| Profit (loss) for the period before taxes | 9903 | -€161,877 | -€46,844 | +€115,033 | +71.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€161,877 | -€46,844 | +€115,033 | +71.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€161,877 | -€46,844 | +€115,033 | +71.1% |
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 21 October 2026 via checked.be.