FELIX & PARTNERS: 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 & PARTNERS
Largest movements
- Receivables within one year -€82,884
down €82,884 (-65.2%), from €127,057 to €44,173
of which Other amounts receivable: -€80,564
- Receivables after one year -€12,000
down €12,000 (-21.1%), from €56,998 to €44,998
- Deferred charges and accrued income -€4,391
down €4,391 (-75.4%), from €5,822 to €1,431
- Reserves -€53,517
down €53,517 (-57.9%), from €92,351 to €38,835
of which Distributable reserves: -€53,517
- Other debts -€42,678
down €42,678 (-68.5%), from €62,289 to €19,610
- Tax, wage and social debts -€10,561
down €10,561 (-49.7%), from €21,267 to €10,706
- Short-term financial debts +€4,965
up €4,965 (+162%), from €3,063 to €8,028
- Trade debts +€2,517
up €2,517 (+53.5%), from €4,707 to €7,223
- Gross operating margin +€17,250
up €17,250 (+51.3%), from €33,630 to €50,879
- Taxes +€5,723
up €5,723 (+64.5%), from €8,877 to €14,600
- Financial income -€3,916
down €3,916 (-51.5%), from €7,602 to €3,686
- Financial charges +€1,062
up €1,062 (+74.4%), from €1,427 to €2,490
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,877 | €90,602 | -€99,275 | -52.3% |
| Current assets | 29/58 | €189,877 | €90,602 | -€99,275 | -52.3% |
| Amounts receivable after more than one year | 29 | €56,998 | €44,998 | -€12,000 | -21.1% |
| Other amounts receivable | 291 | €56,998 | €44,998 | -€12,000 | -21.1% |
| Amounts receivable within one year | 40/41 | €127,057 | €44,173 | -€82,884 | -65.2% |
| Trade receivables | 40 | €25,869 | €23,550 | -€2,320 | -9.0% |
| Other amounts receivable | 41 | €101,188 | €20,623 | -€80,564 | -79.6% |
| Deferred charges and accrued income | 490/1 | €5,822 | €1,431 | -€4,391 | -75.4% |
| Total equity and liabilities | 10/49 | €189,877 | €90,602 | -€99,275 | -52.3% |
| Equity | 10/15 | €98,551 | €45,035 | -€53,517 | -54.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,351 | €38,835 | -€53,517 | -57.9% |
| 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 | €90,491 | €36,975 | -€53,517 | -59.1% |
| Amounts payable | 17/49 | €91,326 | €45,568 | -€45,758 | -50.1% |
| Amounts payable within one year | 42/48 | €91,326 | €45,568 | -€45,758 | -50.1% |
| Financial debts | 43 | €3,063 | €8,028 | +€4,965 | +162% |
| Credit institutions | 430/8 | €3,063 | €8,028 | +€4,965 | +162% |
| Trade debts | 44 | €4,707 | €7,223 | +€2,517 | +53.5% |
| Suppliers | 440/4 | €4,707 | €7,223 | +€2,517 | +53.5% |
| Taxes, remuneration and social security | 45 | €21,267 | €10,706 | -€10,561 | -49.7% |
| Taxes | 450/3 | €21,267 | €10,706 | -€10,561 | -49.7% |
| Other amounts payable | 47/48 | €62,289 | €19,610 | -€42,678 | -68.5% |
| Other operating charges | 640/8 | €502 | €501 | -€2 | -0.3% |
| Gross operating margin | 9900 | €33,630 | €50,879 | +€17,250 | +51.3% |
| Operating profit (loss) | 9901 | €33,127 | €50,378 | +€17,251 | +52.1% |
| Financial income | 75/76B | €7,602 | €3,686 | -€3,916 | -51.5% |
| Recurring financial income | 75 | €7,602 | €3,686 | -€3,916 | -51.5% |
| Financial charges | 65/66B | €1,427 | €2,490 | +€1,062 | +74.4% |
| Recurring financial charges | 65 | €1,427 | €2,490 | +€1,062 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | €39,302 | €51,574 | +€12,272 | +31.2% |
| Income taxes | 67/77 | €8,877 | €14,600 | +€5,723 | +64.5% |
| Profit (loss) for the period | 9904 | €30,425 | €36,975 | +€6,549 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,425 | €36,975 | +€6,549 | +21.5% |
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 25 October 2026 via checked.be.