Felix Wash: what changed
Felix Wash
Largest movements
- Cash +€45,302
up €45,302 (+152%), from €29,835 to €75,137
mainly Net result for the year (+€34,889) and Tax, wage and social debts (+€28,402)
- Receivables within one year +€31,029
up €31,029 (+390%), from €7,951 to €38,980
- Tangible fixed assets +€4,058
up €4,058 (+16.9%), from €24,075 to €28,133
of which Furniture and vehicles: +€3,114
- Deferred charges and accrued income +€1,482
up €1,482 (+67.9%), from €2,182 to €3,664
- Profit (loss) carried forward +€34,889
up €34,889 (+371%), from €9,401 to €44,290
- Tax, wage and social debts +€28,402
up €28,402 (+407%), from €6,983 to €35,385
of which Taxes: +€18,425
- Other debts +€7,987
up €7,987 (+56.9%), from €14,043 to €22,030
- Trade debts +€6,999
up €6,999 (+334%), from €2,095 to €9,094
- Current portion of long-term debt +€4,515
up €4,515 (+49.8%), from €9,059 to €13,574
- Gross operating margin +€70,583
up €70,583 (+303%), from €23,278 to €93,861
- Staff costs +€35,004
new in 2025: €35,004
- Taxes +€6,443
up €6,443 (+248%), from €2,603 to €9,046
- Depreciation +€2,886
up €2,886 (+33.0%), from €8,755 to €11,641
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,043 | €145,913 | +€81,870 | +128% |
| Fixed assets | 21/28 | €24,075 | €28,133 | +€4,058 | +16.9% |
| Tangible fixed assets | 22/27 | €24,075 | €28,133 | +€4,058 | +16.9% |
| Plant, machinery and equipment | 23 | - | €944 | +€944 | |
| Furniture and vehicles | 24 | €24,075 | €27,189 | +€3,114 | +12.9% |
| Current assets | 29/58 | €39,968 | €117,780 | +€77,812 | +195% |
| Amounts receivable within one year | 40/41 | €7,951 | €38,980 | +€31,029 | +390% |
| Trade receivables | 40 | €7,951 | €38,980 | +€31,029 | +390% |
| Cash at bank and in hand | 54/58 | €29,835 | €75,137 | +€45,302 | +152% |
| Deferred charges and accrued income | 490/1 | €2,182 | €3,664 | +€1,482 | +67.9% |
| Total equity and liabilities | 10/49 | €64,043 | €145,913 | +€81,870 | +128% |
| Equity | 10/15 | €14,401 | €49,290 | +€34,889 | +242% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,401 | €44,290 | +€34,889 | +371% |
| Amounts payable | 17/49 | €49,642 | €96,623 | +€46,981 | +94.6% |
| Amounts payable after more than one year | 17 | €17,462 | €16,541 | -€921 | -5.3% |
| Financial debts | 170/4 | €17,462 | €16,541 | -€921 | -5.3% |
| Amounts payable within one year | 42/48 | €32,180 | €80,082 | +€47,902 | +149% |
| Current portion of amounts payable after more than one year | 42 | €9,059 | €13,574 | +€4,515 | +49.8% |
| Trade debts | 44 | €2,095 | €9,094 | +€6,999 | +334% |
| Suppliers | 440/4 | €2,095 | €9,094 | +€6,999 | +334% |
| Taxes, remuneration and social security | 45 | €6,983 | €35,385 | +€28,402 | +407% |
| Taxes | 450/3 | €6,983 | €25,408 | +€18,425 | +264% |
| Remuneration and social security | 454/9 | - | €9,976 | +€9,976 | |
| Other amounts payable | 47/48 | €14,043 | €22,030 | +€7,987 | +56.9% |
| Remuneration, social security and pensions | 62 | - | €35,004 | +€35,004 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,755 | €11,641 | +€2,886 | +33.0% |
| Other operating charges | 640/8 | €523 | €938 | +€415 | +79.3% |
| Non-recurring operating charges | 66A | €323 | - | -€323 | |
| Gross operating margin | 9900 | €23,278 | €93,861 | +€70,583 | +303% |
| Operating profit (loss) | 9901 | €13,677 | €46,278 | +€32,601 | +238% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,673 | €2,345 | +€672 | +40.2% |
| Recurring financial charges | 65 | €1,673 | €2,345 | +€672 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | €12,004 | €43,935 | +€31,931 | +266% |
| Income taxes | 67/77 | €2,603 | €9,046 | +€6,443 | +248% |
| Profit (loss) for the period | 9904 | €9,401 | €34,889 | +€25,488 | +271% |
| Profit (loss) for the period to be appropriated | 9905 | €9,401 | €34,889 | +€25,488 | +271% |
Next steps
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 7 November 2026 via checked.be.