Felix Schön: 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 Schön
Largest movements
- Tangible fixed assets -€28,646
down €28,646 (-4.0%), from €718,642 to €689,996
- Receivables within one year +€14,450
up €14,450 (+122%), from €11,836 to €26,286
of which Trade receivables: +€12,142
- Debts after one year -€32,933
down €32,933 (-5.7%), from €580,653 to €547,720
- Other debts +€30,000
up €30,000, from €0 to €30,000
- Reserves -€15,791
down €15,791 (-72.3%), from €21,847 to €6,056
- Financial charges +€13,603
up €13,603 (+230%), from €5,914 to €19,517
- Gross operating margin +€3,671
up €3,671 (+5.1%), from €71,725 to €75,396
- Taxes -€2,546
down €2,546 (-35.0%), from €7,282 to €4,736
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 | €736,340 | €718,711 | -€17,629 | -2.4% |
| Fixed assets | 21/28 | €718,642 | €689,996 | -€28,646 | -4.0% |
| Tangible fixed assets | 22/27 | €718,642 | €689,996 | -€28,646 | -4.0% |
| Land and buildings | 22 | €718,642 | €689,996 | -€28,646 | -4.0% |
| Current assets | 29/58 | €17,698 | €28,715 | +€11,016 | +62.2% |
| Amounts receivable within one year | 40/41 | €11,836 | €26,286 | +€14,450 | +122% |
| Trade receivables | 40 | €11,192 | €23,334 | +€12,142 | +108% |
| Other amounts receivable | 41 | €644 | €2,953 | +€2,308 | +358% |
| Cash at bank and in hand | 54/58 | €5,862 | €2,428 | -€3,434 | -58.6% |
| Total equity and liabilities | 10/49 | €736,340 | €718,711 | -€17,629 | -2.4% |
| Equity | 10/15 | €121,847 | €106,056 | -€15,791 | -13.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €21,847 | €6,056 | -€15,791 | -72.3% |
| Distributable reserves | 133 | €21,847 | €6,056 | -€15,791 | -72.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €614,493 | €612,655 | -€1,838 | -0.3% |
| Amounts payable after more than one year | 17 | €580,653 | €547,720 | -€32,933 | -5.7% |
| Financial debts | 170/4 | €580,653 | €547,720 | -€32,933 | -5.7% |
| Amounts payable within one year | 42/48 | €32,340 | €63,434 | +€31,094 | +96.1% |
| Current portion of amounts payable after more than one year | 42 | €31,884 | €32,933 | +€1,049 | +3.3% |
| Trade debts | 44 | €457 | €502 | +€45 | +9.9% |
| Suppliers | 440/4 | €457 | €502 | +€45 | +9.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €30,000 | +€30,000 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,646 | €28,646 | = | 0.0% |
| Other operating charges | 640/8 | €8,036 | €8,287 | +€251 | +3.1% |
| Gross operating margin | 9900 | €71,725 | €75,396 | +€3,671 | +5.1% |
| Operating profit (loss) | 9901 | €35,043 | €38,463 | +€3,420 | +9.8% |
| Financial charges | 65/66B | €5,914 | €19,517 | +€13,603 | +230% |
| Recurring financial charges | 65 | €5,914 | €19,517 | +€13,603 | +230% |
| Profit (loss) for the period before taxes | 9903 | €29,129 | €18,946 | -€10,183 | -35.0% |
| Income taxes | 67/77 | €7,282 | €4,736 | -€2,546 | -35.0% |
| Profit (loss) for the period | 9904 | €21,847 | €14,209 | -€7,637 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,847 | €14,209 | -€7,637 | -35.0% |
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.