FERA CONSULTING: 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.
FERA CONSULTING
Largest movements
- Cash -€450,277
down €450,277 (-88.6%), from €508,084 to €57,807
mainly Contributions, distributions and other (-€272,300) and Receivables after one year (-€246,000)
- Receivables after one year +€246,000
new in 2025: €246,000
- Tangible fixed assets -€31,118
down €31,118 (-12.6%), from €247,047 to €215,929
of which Land and buildings: -€27,014
- Deferred charges and accrued income -€13,615
down €13,615 (-92.5%), from €14,721 to €1,106
- Receivables within one year -€12,507
down €12,507 (-24.0%), from €52,195 to €39,689
of which Trade receivables: -€11,750
- Reserves -€272,300
down €272,300 (-47.9%), from €568,399 to €296,099
of which Distributable reserves: -€272,300
- Other debts +€27,913
up €27,913 (+143%), from €19,587 to €47,500
- Gross operating margin -€68,092
down €68,092 (-79.0%), from €86,217 to €18,125
- Taxes -€15,436
down €15,436 (-98.7%), from €15,647 to €211
- Financial income +€7,288
up €7,288 (+24,294,733%), from €0 to €7,288
- Other operating charges -€2,077
down €2,077 (-35.7%), from €5,823 to €3,746
- Depreciation -€1,237
down €1,237 (-4.2%), from €29,125 to €27,888
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 | €943,347 | €682,582 | -€260,766 | -27.6% |
| Fixed assets | 21/28 | €247,047 | €215,929 | -€31,118 | -12.6% |
| Tangible fixed assets | 22/27 | €247,047 | €215,929 | -€31,118 | -12.6% |
| Land and buildings | 22 | €235,237 | €208,223 | -€27,014 | -11.5% |
| Plant, machinery and equipment | 23 | - | €948 | +€948 | |
| Furniture and vehicles | 24 | €9,796 | €6,131 | -€3,665 | -37.4% |
| Other tangible fixed assets | 26 | €2,014 | €627 | -€1,387 | -68.9% |
| Current assets | 29/58 | €696,301 | €466,653 | -€229,648 | -33.0% |
| Amounts receivable after more than one year | 29 | - | €246,000 | +€246,000 | |
| Other amounts receivable | 291 | - | €246,000 | +€246,000 | |
| Amounts receivable within one year | 40/41 | €52,195 | €39,689 | -€12,507 | -24.0% |
| Trade receivables | 40 | €37,829 | €26,079 | -€11,750 | -31.1% |
| Other amounts receivable | 41 | €14,366 | €13,609 | -€757 | -5.3% |
| Current investments | 50/53 | €121,300 | €122,051 | +€751 | +0.6% |
| Cash at bank and in hand | 54/58 | €508,084 | €57,807 | -€450,277 | -88.6% |
| Deferred charges and accrued income | 490/1 | €14,721 | €1,106 | -€13,615 | -92.5% |
| Total equity and liabilities | 10/49 | €943,347 | €682,582 | -€260,766 | -27.6% |
| Equity | 10/15 | €907,474 | €628,065 | -€279,409 | -30.8% |
| Contributions | 10/11 | €58,200 | €58,200 | = | 0.0% |
| Reserves | 13 | €568,399 | €296,099 | -€272,300 | -47.9% |
| Non-distributable reserves | 130/1 | €5,820 | €5,820 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,820 | €5,820 | = | 0.0% |
| Distributable reserves | 133 | €562,579 | €290,279 | -€272,300 | -48.4% |
| Profit (loss) carried forward | 14 | €280,876 | €273,767 | -€7,109 | -2.5% |
| Amounts payable | 17/49 | €35,873 | €54,516 | +€18,643 | +52.0% |
| Amounts payable within one year | 42/48 | €35,873 | €54,516 | +€18,643 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €20 | €0 | -€20 | -100% |
| Credit institutions | 430/8 | €20 | €0 | -€20 | -100% |
| Trade debts | 44 | €9,225 | €934 | -€8,291 | -89.9% |
| Suppliers | 440/4 | €9,225 | €934 | -€8,291 | -89.9% |
| Taxes, remuneration and social security | 45 | €7,041 | €6,082 | -€959 | -13.6% |
| Taxes | 450/3 | €7,041 | €6,082 | -€959 | -13.6% |
| Other amounts payable | 47/48 | €19,587 | €47,500 | +€27,913 | +143% |
| Non-recurring operating income | 76A | - | €2,700 | +€2,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,125 | €27,888 | -€1,237 | -4.2% |
| Other operating charges | 640/8 | €5,823 | €3,746 | -€2,077 | -35.7% |
| Non-recurring operating charges | 66A | - | €569 | +€569 | |
| Gross operating margin | 9900 | €86,217 | €18,125 | -€68,092 | -79.0% |
| Operating profit (loss) | 9901 | €51,269 | -€14,078 | -€65,348 | |
| Financial income | 75/76B | €0 | €7,288 | +€7,288 | +24,294,733% |
| Recurring financial income | 75 | €0 | €7,288 | +€7,288 | +24,294,733% |
| Financial charges | 65/66B | €723 | €108 | -€615 | -85.1% |
| Recurring financial charges | 65 | €723 | €108 | -€615 | -85.1% |
| Profit (loss) for the period before taxes | 9903 | €50,546 | -€6,898 | -€57,444 | |
| Income taxes | 67/77 | €15,647 | €211 | -€15,436 | -98.7% |
| Profit (loss) for the period | 9904 | €34,899 | -€7,109 | -€42,008 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,899 | -€7,109 | -€42,008 |
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 19 October 2026 via checked.be.