Fer Trade: 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.
Fer Trade
Largest movements
- Cash +€359,151
up €359,151 (+109.3%), from €328,492 to €687,643
mainly Other debts (+€500,000) and Net result for the year (+€424,959)
- Stocks and contracts -€142,768
down €142,768 (-14.4%), from €990,890 to €848,122
- Tangible fixed assets +€114,052
up €114,052 (+48.1%), from €237,344 to €351,396
of which Plant, machinery and equipment: +€60,212
- Receivables within one year +€34,847
up €34,847 (+12.5%), from €278,462 to €313,309
of which Trade receivables: +€41,773
- Other debts +€500,000
up €500,000, from €0 to €500,000
- Debts after one year -€93,138
down €93,138 (-50.2%), from €185,625 to €92,487
- Reserves -€75,041
down €75,041 (-4.9%), from €1.5m to €1.5m
- Tax, wage and social debts +€35,307
up €35,307 (+335.1%), from €10,537 to €45,844
of which Taxes: +€29,980
- Accrued charges and deferred income +€30,572
up €30,572 (+735.3%), from €4,158 to €34,729
- Depreciation -€15,126
down €15,126 (-12.0%), from €125,954 to €110,828
- Staff costs +€12,167
up €12,167 (+12.3%), from €98,999 to €111,166
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 | €1,837,572 | €2,203,150 | +€365,577 | +19.9% |
| Fixed assets | 21/28 | €237,344 | €351,396 | +€114,052 | +48.1% |
| Tangible fixed assets | 22/27 | €237,344 | €351,396 | +€114,052 | +48.1% |
| Plant, machinery and equipment | 23 | €202,346 | €262,558 | +€60,212 | +29.8% |
| Furniture and vehicles | 24 | €17,443 | €73,301 | +€55,858 | +320.2% |
| Other tangible fixed assets | 26 | €17,555 | €15,537 | -€2,018 | -11.5% |
| Current assets | 29/58 | €1,600,228 | €1,851,753 | +€251,525 | +15.7% |
| Stocks and contracts in progress | 3 | €990,890 | €848,122 | -€142,768 | -14.4% |
| Stocks | 30/36 | €990,890 | €848,122 | -€142,768 | -14.4% |
| Amounts receivable within one year | 40/41 | €278,462 | €313,309 | +€34,847 | +12.5% |
| Trade receivables | 40 | €268,611 | €310,384 | +€41,773 | +15.6% |
| Other amounts receivable | 41 | €9,851 | €2,925 | -€6,926 | -70.3% |
| Cash at bank and in hand | 54/58 | €328,492 | €687,643 | +€359,151 | +109.3% |
| Deferred charges and accrued income | 490/1 | €2,385 | €2,680 | +€295 | +12.4% |
| Total equity and liabilities | 10/49 | €1,837,572 | €2,203,150 | +€365,577 | +19.9% |
| Equity | 10/15 | €1,555,795 | €1,480,755 | -€75,041 | -4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,537,195 | €1,462,155 | -€75,041 | -4.9% |
| Distributable reserves | 133 | €1,537,195 | €1,462,155 | -€75,041 | -4.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €281,777 | €722,395 | +€440,618 | +156.4% |
| Amounts payable after more than one year | 17 | €185,625 | €92,487 | -€93,138 | -50.2% |
| Financial debts | 170/4 | €185,625 | €92,487 | -€93,138 | -50.2% |
| Amounts payable within one year | 42/48 | €91,995 | €595,179 | +€503,184 | +547.0% |
| Current portion of amounts payable after more than one year | 42 | €64,774 | €39,000 | -€25,774 | -39.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €16,659 | €10,335 | -€6,323 | -38.0% |
| Suppliers | 440/4 | €16,659 | €10,335 | -€6,323 | -38.0% |
| Advances received on contracts in progress | 46 | €25 | €0 | -€25 | -100.0% |
| Taxes, remuneration and social security | 45 | €10,537 | €45,844 | +€35,307 | +335.1% |
| Taxes | 450/3 | - | €29,980 | +€29,980 | |
| Remuneration and social security | 454/9 | €10,537 | €15,864 | +€5,327 | +50.6% |
| Other amounts payable | 47/48 | €0 | €500,000 | +€500,000 | |
| Accrued charges and deferred income | 492/3 | €4,158 | €34,729 | +€30,572 | +735.3% |
| Remuneration, social security and pensions | 62 | €98,999 | €111,166 | +€12,167 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,954 | €110,828 | -€15,126 | -12.0% |
| Other operating charges | 640/8 | €525 | €493 | -€32 | -6.1% |
| Gross operating margin | 9900 | €787,358 | €782,124 | -€5,235 | -0.7% |
| Operating profit (loss) | 9901 | €561,880 | €559,637 | -€2,244 | -0.4% |
| Financial income | 75/76B | €37 | €49 | +€12 | +33.1% |
| Recurring financial income | 75 | €37 | €49 | +€12 | +33.1% |
| Financial charges | 65/66B | €7,300 | €6,267 | -€1,033 | -14.1% |
| Recurring financial charges | 65 | €7,300 | €6,267 | -€1,033 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €554,617 | €553,418 | -€1,199 | -0.2% |
| Income taxes | 67/77 | €132,029 | €128,459 | -€3,570 | -2.7% |
| Profit (loss) for the period | 9904 | €422,588 | €424,959 | +€2,371 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €422,588 | €424,959 | +€2,371 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.