FELKE: what changed
What changed
FELKE
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€86,189
2024 · €22,827-€109,016
Equity
€145,174
2024 · €231,362-€86,189
Cash
€185,253
2024 · €115,199+€70,053
Balance sheet total
€613,513
2024 · €692,797-€79,284
Largest movements
Assets
- Receivables within one year -€122,830
down €122,830 (-36.5%), from €336,493 to €213,662
of which Trade receivables: -€115,575
- Cash +€70,053
up €70,053 (+60.8%), from €115,199 to €185,253
mainly Receivables within one year (+€122,830) and Stocks and contracts (+€21,063)
- Stocks and contracts -€21,063
down €21,063 (-10.1%), from €208,937 to €187,874
of which Contracts in progress: -€15,000
Equity and liabilities
- Profit (loss) carried forward -€86,189
new in 2025: -€86,189
- Trade debts +€12,184
up €12,184 (+4.3%), from €284,886 to €297,070
Income statement
- Gross operating margin -€151,104
down €151,104 (-32.9%), from €459,663 to €308,559
- Staff costs -€52,656
down €52,656 (-12.7%), from €414,834 to €362,178
- Other operating charges +€7,488
up €7,488 (+166%), from €4,516 to €12,005
- Write-downs +€4,652
new in 2025: €4,652
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.
Result 2024
€22,827
Gross operating margin
-€151,104
Staff costs
+€52,656
Depreciation
+€2,567
Write-downs
-€4,652
Other operating charges
-€7,488
Financial income
+€781
Financial charges
-€1,776
Result 2025
-€86,189
raises the resultlowers the result
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.
From operations
+€70,053
Investment
€0
Financing
€0
Cash 2024
€115,199
From operations (derived)
+€70,053
Net result for the year
-€86,189
Depreciation
+€7,088
Stocks and contracts
+€21,063
Receivables within one year
+€122,830
Deferred charges and accrued income
-€1,644
Trade debts
+€12,184
Tax, wage and social debts
-€5,203
Other debts
-€375
Accrued charges and deferred income
+€298
Cash 2025
€185,253
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €692,797 | €613,513 | -€79,284 | -11.4% |
| Fixed assets | 21/28 | €23,919 | €16,831 | -€7,088 | -29.6% |
| Intangible fixed assets | 21 | €1,965 | €171 | -€1,794 | -91.3% |
| Tangible fixed assets | 22/27 | €9,354 | €4,060 | -€5,294 | -56.6% |
| Plant, machinery and equipment | 23 | €7,177 | €3,499 | -€3,678 | -51.2% |
| Furniture and vehicles | 24 | €1,658 | €301 | -€1,356 | -81.8% |
| Other tangible fixed assets | 26 | €520 | €260 | -€260 | -50.0% |
| Financial fixed assets | 28 | €12,600 | €12,600 | = | 0.0% |
| Current assets | 29/58 | €668,878 | €596,682 | -€72,196 | -10.8% |
| Stocks and contracts in progress | 3 | €208,937 | €187,874 | -€21,063 | -10.1% |
| Stocks | 30/36 | €193,937 | €187,874 | -€6,063 | -3.1% |
| Contracts in progress | 37 | €15,000 | €0 | -€15,000 | -100% |
| Amounts receivable within one year | 40/41 | €336,493 | €213,662 | -€122,830 | -36.5% |
| Trade receivables | 40 | €319,621 | €204,046 | -€115,575 | -36.2% |
| Other amounts receivable | 41 | €16,871 | €9,617 | -€7,255 | -43.0% |
| Cash at bank and in hand | 54/58 | €115,199 | €185,253 | +€70,053 | +60.8% |
| Deferred charges and accrued income | 490/1 | €8,249 | €9,893 | +€1,644 | +19.9% |
| Total equity and liabilities | 10/49 | €692,797 | €613,513 | -€79,284 | -11.4% |
| Equity | 10/15 | €231,362 | €145,174 | -€86,189 | -37.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,762 | €212,762 | = | 0.0% |
| Distributable reserves | 133 | €212,762 | €212,762 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€86,189 | -€86,189 | |
| Amounts payable | 17/49 | €461,434 | €468,339 | +€6,905 | +1.5% |
| Amounts payable within one year | 42/48 | €456,797 | €463,404 | +€6,607 | +1.4% |
| Financial debts | 43 | €130,000 | €130,000 | = | 0.0% |
| Credit institutions | 430/8 | €130,000 | €130,000 | = | 0.0% |
| Trade debts | 44 | €284,886 | €297,070 | +€12,184 | +4.3% |
| Suppliers | 440/4 | €284,886 | €297,070 | +€12,184 | +4.3% |
| Taxes, remuneration and social security | 45 | €41,537 | €36,334 | -€5,203 | -12.5% |
| Taxes | 450/3 | €4,239 | €4,738 | +€499 | +11.8% |
| Remuneration and social security | 454/9 | €37,298 | €31,596 | -€5,701 | -15.3% |
| Other amounts payable | 47/48 | €375 | €0 | -€375 | -100% |
| Accrued charges and deferred income | 492/3 | €4,637 | €4,935 | +€298 | +6.4% |
| Remuneration, social security and pensions | 62 | €414,834 | €362,178 | -€52,656 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,654 | €7,088 | -€2,567 | -26.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,652 | +€4,652 | |
| Other operating charges | 640/8 | €4,516 | €12,005 | +€7,488 | +166% |
| Gross operating margin | 9900 | €459,663 | €308,559 | -€151,104 | -32.9% |
| Operating profit (loss) | 9901 | €30,658 | -€77,363 | -€108,022 | |
| Financial income | 75/76B | €90 | €872 | +€781 | +866% |
| Recurring financial income | 75 | €90 | €872 | +€781 | +866% |
| Financial charges | 65/66B | €7,921 | €9,697 | +€1,776 | +22.4% |
| Recurring financial charges | 65 | €7,921 | €9,697 | +€1,776 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €22,827 | -€86,189 | -€109,016 | |
| Profit (loss) for the period | 9904 | €22,827 | -€86,189 | -€109,016 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,827 | -€86,189 | -€109,016 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.