FERAGE IMMOBILIA: 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.
FERAGE IMMOBILIA
Largest movements
- Tangible fixed assets -€25,274
down €25,274 (-3.3%), from €757,997 to €732,723
of which Land and buildings: -€23,259
- Cash +€17,837
up €17,837 (+232.0%), from €7,687 to €25,524
mainly Trade debts (+€40,416) and Depreciation (+€31,858)
- Trade debts +€40,416
up €40,416 (+16505.9%), from €245 to €40,661
- Other debts -€33,053
down €33,053 (-7.5%), from €440,618 to €407,564
- Profit (loss) carried forward -€15,568
down €15,568 (-10.3%), from -€151,644 to -€167,212
- Gross operating margin +€11,120
up €11,120 (+55.3%), from €20,107 to €31,227
- Financial charges -€1,012
down €1,012 (-8.1%), from €12,531 to €11,519
- Depreciation +€436
up €436 (+1.4%), from €31,422 to €31,858
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 | €776,307 | €761,170 | -€15,138 | -1.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €757,997 | €732,723 | -€25,274 | -3.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €757,997 | €732,723 | -€25,274 | -3.3% |
| Land and buildings | 22 | €741,865 | €718,606 | -€23,259 | -3.1% |
| Plant, machinery and equipment | 23 | €11,024 | €9,603 | -€1,421 | -12.9% |
| Furniture and vehicles | 24 | €1,825 | €1,491 | -€335 | -18.3% |
| Other tangible fixed assets | 26 | €3,283 | €3,023 | -€260 | -7.9% |
| Current assets | 29/58 | €18,310 | €28,447 | +€10,137 | +55.4% |
| Amounts receivable within one year | 40/41 | €10,154 | €2,441 | -€7,713 | -76.0% |
| Other amounts receivable | 41 | €10,154 | €2,441 | -€7,713 | -76.0% |
| Cash at bank and in hand | 54/58 | €7,687 | €25,524 | +€17,837 | +232.0% |
| Deferred charges and accrued income | 490/1 | €469 | €482 | +€13 | +2.8% |
| Total equity and liabilities | 10/49 | €776,307 | €761,170 | -€15,138 | -1.9% |
| Equity | 10/15 | €324,756 | €309,188 | -€15,568 | -4.8% |
| Contributions | 10/11 | €476,400 | €476,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€151,644 | -€167,212 | -€15,568 | -10.3% |
| Amounts payable | 17/49 | €451,551 | €451,982 | +€431 | +0.1% |
| Amounts payable after more than one year | 17 | €3,120 | - | -€3,120 | |
| Financial debts | 170/4 | €3,120 | - | -€3,120 | |
| Amounts payable within one year | 42/48 | €447,941 | €451,897 | +€3,957 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €6,799 | €3,120 | -€3,679 | -54.1% |
| Trade debts | 44 | €245 | €40,661 | +€40,416 | +16505.9% |
| Suppliers | 440/4 | €245 | €40,661 | +€40,416 | +16505.9% |
| Taxes, remuneration and social security | 45 | €279 | €551 | +€272 | +97.5% |
| Taxes | 450/3 | €279 | €551 | +€272 | +97.5% |
| Other amounts payable | 47/48 | €440,618 | €407,564 | -€33,053 | -7.5% |
| Accrued charges and deferred income | 492/3 | €490 | €84 | -€406 | -82.8% |
| Non-recurring operating income | 76A | - | €4 | +€4 | |
| Remuneration, social security and pensions | 62 | €183 | - | -€183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,422 | €31,858 | +€436 | +1.4% |
| Other operating charges | 640/8 | €3,489 | €3,427 | -€62 | -1.8% |
| Non-recurring operating charges | 66A | €300 | €8 | -€292 | -97.3% |
| Gross operating margin | 9900 | €20,107 | €31,227 | +€11,120 | +55.3% |
| Operating profit (loss) | 9901 | -€15,287 | -€4,066 | +€11,221 | +73.4% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €12,531 | €11,519 | -€1,012 | -8.1% |
| Recurring financial charges | 65 | €12,531 | €11,519 | -€1,012 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,818 | -€15,568 | +€12,250 | +44.0% |
| Profit (loss) for the period | 9904 | -€27,818 | -€15,568 | +€12,250 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,818 | -€15,568 | +€12,250 | +44.0% |
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 7 October 2026 via checked.be.