FELPA: 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.
FELPA
Largest movements
- Cash +€3,921
up €3,921 (+107.6%), from €3,644 to €7,565
mainly Net result for the year (+€24,115) and Depreciation (+€3,721)
- Tangible fixed assets +€717
up €717 (+11.5%), from €6,213 to €6,930
of which Furniture and vehicles: +€1,405
- Profit (loss) carried forward +€24,115
up €24,115 (+53.9%), from -€44,728 to -€20,613
- Other debts -€15,798
down €15,798 (-30.6%), from €51,595 to €35,797
- Trade debts -€3,826
down €3,826 (-29.1%), from €13,149 to €9,323
- Gross operating margin +€5,434
up €5,434 (+24.2%), from €22,465 to €27,899
- Depreciation +€772
up €772 (+26.2%), from €2,949 to €3,721
- Other operating charges -€384
no longer reported in 2025 (was €384)
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.
Cash bridge derived
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 | €25,822 | €30,459 | +€4,638 | +18.0% |
| Fixed assets | 21/28 | €6,213 | €6,930 | +€717 | +11.5% |
| Tangible fixed assets | 22/27 | €6,213 | €6,930 | +€717 | +11.5% |
| Furniture and vehicles | 24 | €5,303 | €6,708 | +€1,405 | +26.5% |
| Other tangible fixed assets | 26 | €910 | €222 | -€688 | -75.6% |
| Current assets | 29/58 | €19,608 | €23,529 | +€3,921 | +20.0% |
| Amounts receivable within one year | 40/41 | €15,965 | €15,965 | = | 0.0% |
| Trade receivables | 40 | €15,965 | €15,965 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,644 | €7,565 | +€3,921 | +107.6% |
| Total equity and liabilities | 10/49 | €25,822 | €30,459 | +€4,638 | +18.0% |
| Equity | 10/15 | -€42,728 | -€18,613 | +€24,115 | +56.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,728 | -€20,613 | +€24,115 | +53.9% |
| Amounts payable | 17/49 | €68,550 | €49,072 | -€19,478 | -28.4% |
| Amounts payable within one year | 42/48 | €68,550 | €49,072 | -€19,478 | -28.4% |
| Trade debts | 44 | €13,149 | €9,323 | -€3,826 | -29.1% |
| Suppliers | 440/4 | €13,149 | €9,323 | -€3,826 | -29.1% |
| Taxes, remuneration and social security | 45 | €3,806 | €3,953 | +€146 | +3.8% |
| Taxes | 450/3 | €3,806 | €3,953 | +€146 | +3.8% |
| Other amounts payable | 47/48 | €51,595 | €35,797 | -€15,798 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,949 | €3,721 | +€772 | +26.2% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €22,465 | €27,899 | +€5,434 | +24.2% |
| Operating profit (loss) | 9901 | €19,132 | €24,178 | +€5,046 | +26.4% |
| Financial charges | 65/66B | €71 | €62 | -€9 | -12.3% |
| Recurring financial charges | 65 | €71 | €62 | -€9 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €19,061 | €24,115 | +€5,055 | +26.5% |
| Profit (loss) for the period | 9904 | €19,061 | €24,115 | +€5,055 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,061 | €24,115 | +€5,055 | +26.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.