FER-DESIGN: what changed
Two fiscal 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.
FER-DESIGN
Largest movements
- Cash +€4,635
up €4,635 (+1355.3%), from €342 to €4,977
mainly Net result for the year (+€8,122) and Receivables within one year (+€2,247)
- Receivables within one year -€2,247
down €2,247 (-36.8%), from €6,098 to €3,851
of which Trade receivables: -€3,524
- Stocks and contracts +€1,840
up €1,840 (+100.3%), from €1,835 to €3,675
- Profit (loss) carried forward +€8,122
up €8,122 (+206.5%), from €3,933 to €12,055
- Trade debts -€2,747
down €2,747 (-70.1%), from €3,920 to €1,173
- Other debts -€1,000
down €1,000 (-25.0%), from €4,000 to €3,000
- Gross operating margin +€7,755
up €7,755 (+259.8%), from €2,985 to €10,740
- Taxes +€887
new in 2025: €887
- Depreciation +€573
up €573 (+57.3%), from €1,000 to €1,573
- Other operating charges -€200
no longer reported in 2025 (was €200)
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 | €16,853 | €21,228 | +€4,375 | +26.0% |
| Fixed assets | 21/28 | €8,578 | €8,725 | +€147 | +1.7% |
| Tangible fixed assets | 22/27 | €1,000 | €1,147 | +€147 | +14.7% |
| Furniture and vehicles | 24 | €1,000 | €1,147 | +€147 | +14.7% |
| Financial fixed assets | 28 | €7,578 | €7,578 | = | 0.0% |
| Current assets | 29/58 | €8,275 | €12,503 | +€4,228 | +51.1% |
| Stocks and contracts in progress | 3 | €1,835 | €3,675 | +€1,840 | +100.3% |
| Stocks | 30/36 | €1,835 | €3,675 | +€1,840 | +100.3% |
| Amounts receivable within one year | 40/41 | €6,098 | €3,851 | -€2,247 | -36.8% |
| Trade receivables | 40 | €3,524 | - | -€3,524 | |
| Other amounts receivable | 41 | €2,574 | €3,851 | +€1,277 | +49.6% |
| Cash at bank and in hand | 54/58 | €342 | €4,977 | +€4,635 | +1355.3% |
| Total equity and liabilities | 10/49 | €16,853 | €21,228 | +€4,375 | +26.0% |
| Equity | 10/15 | €8,933 | €17,055 | +€8,122 | +90.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €15,000 | - | -€15,000 | |
| Uncalled capital | 101 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | €3,933 | €12,055 | +€8,122 | +206.5% |
| Amounts payable | 17/49 | €7,920 | €4,173 | -€3,747 | -47.3% |
| Amounts payable within one year | 42/48 | €7,920 | €4,173 | -€3,747 | -47.3% |
| Trade debts | 44 | €3,920 | €1,173 | -€2,747 | -70.1% |
| Suppliers | 440/4 | €3,920 | €1,173 | -€2,747 | -70.1% |
| Other amounts payable | 47/48 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,573 | +€573 | +57.3% |
| Other operating charges | 640/8 | €200 | - | -€200 | |
| Gross operating margin | 9900 | €2,985 | €10,740 | +€7,755 | +259.8% |
| Operating profit (loss) | 9901 | €1,785 | €9,167 | +€7,382 | +413.6% |
| Financial income | 75/76B | €5 | €8 | +€3 | +60.0% |
| Recurring financial income | 75 | €5 | €8 | +€3 | +60.0% |
| Financial charges | 65/66B | €163 | €166 | +€3 | +1.8% |
| Recurring financial charges | 65 | €163 | €166 | +€3 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €1,627 | €9,009 | +€7,382 | +453.7% |
| Income taxes | 67/77 | - | €887 | +€887 | |
| Profit (loss) for the period | 9904 | €1,627 | €8,122 | +€6,495 | +399.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,627 | €8,122 | +€6,495 | +399.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.