FELTRANS: 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.
FELTRANS
Largest movements
- Receivables within one year -€15,961
down €15,961 (-19.5%), from €81,767 to €65,806
of which Trade receivables: -€15,516
- Cash +€9,004
up €9,004 (+105%), from €8,614 to €17,619
mainly Receivables within one year (+€15,961) and Net result for the year (+€12,000)
- Trade debts -€22,219
down €22,219 (-79.0%), from €28,119 to €5,900
- Reserves +€11,000
up €11,000 (+26.2%), from €42,060 to €53,060
- Tax, wage and social debts +€1,932
up €1,932 (+19.7%), from €9,803 to €11,736
of which Taxes: +€2,043
- Profit (loss) carried forward +€1,000
up €1,000 (+87.6%), from €1,141 to €2,141
- Gross operating margin +€16,661
up €16,661 (+25.4%), from €65,540 to €82,201
- Other operating charges +€14,564
up €14,564 (+898%), from €1,621 to €16,185
- Staff costs -€4,368
down €4,368 (-8.9%), from €48,927 to €44,559
- Taxes -€1,261
down €1,261 (-17.0%), from €7,430 to €6,170
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 | €97,199 | €89,685 | -€7,514 | -7.7% |
| Fixed assets | 21/28 | €6,818 | €6,261 | -€557 | -8.2% |
| Tangible fixed assets | 22/27 | €2,903 | €2,346 | -€557 | -19.2% |
| Plant, machinery and equipment | 23 | - | €1,155 | +€1,155 | |
| Furniture and vehicles | 24 | €2,903 | €1,191 | -€1,712 | -59.0% |
| Financial fixed assets | 28 | €3,915 | €3,915 | = | 0.0% |
| Current assets | 29/58 | €90,381 | €83,424 | -€6,957 | -7.7% |
| Amounts receivable within one year | 40/41 | €81,767 | €65,806 | -€15,961 | -19.5% |
| Trade receivables | 40 | €69,316 | €53,800 | -€15,516 | -22.4% |
| Other amounts receivable | 41 | €12,451 | €12,005 | -€446 | -3.6% |
| Cash at bank and in hand | 54/58 | €8,614 | €17,619 | +€9,004 | +105% |
| Total equity and liabilities | 10/49 | €97,199 | €89,685 | -€7,514 | -7.7% |
| Equity | 10/15 | €55,601 | €67,601 | +€12,000 | +21.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €42,060 | €53,060 | +€11,000 | +26.2% |
| Distributable reserves | 133 | €42,060 | €53,060 | +€11,000 | +26.2% |
| Profit (loss) carried forward | 14 | €1,141 | €2,141 | +€1,000 | +87.6% |
| Amounts payable | 17/49 | €41,598 | €22,084 | -€19,514 | -46.9% |
| Amounts payable within one year | 42/48 | €41,598 | €22,084 | -€19,514 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | €3,676 | €3,530 | -€145 | -3.9% |
| Financial debts | 43 | €0 | €918 | +€918 | |
| Credit institutions | 430/8 | €0 | €918 | +€918 | |
| Trade debts | 44 | €28,119 | €5,900 | -€22,219 | -79.0% |
| Suppliers | 440/4 | €28,119 | €5,900 | -€22,219 | -79.0% |
| Taxes, remuneration and social security | 45 | €9,803 | €11,736 | +€1,932 | +19.7% |
| Taxes | 450/3 | €4,825 | €6,869 | +€2,043 | +42.3% |
| Remuneration and social security | 454/9 | €4,978 | €4,867 | -€111 | -2.2% |
| Remuneration, social security and pensions | 62 | €48,927 | €44,559 | -€4,368 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,499 | €2,524 | +€25 | +1.0% |
| Other operating charges | 640/8 | €1,621 | €16,185 | +€14,564 | +898% |
| Gross operating margin | 9900 | €65,540 | €82,201 | +€16,661 | +25.4% |
| Operating profit (loss) | 9901 | €12,493 | €18,934 | +€6,440 | +51.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,498 | €764 | -€734 | -49.0% |
| Recurring financial charges | 65 | €1,498 | €764 | -€734 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €10,995 | €18,169 | +€7,174 | +65.2% |
| Income taxes | 67/77 | €7,430 | €6,170 | -€1,261 | -17.0% |
| Profit (loss) for the period | 9904 | €3,565 | €12,000 | +€8,435 | +237% |
| Profit (loss) for the period to be appropriated | 9905 | €3,565 | €12,000 | +€8,435 | +237% |
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 15 October 2026 via checked.be.