FERAINE: what changed
What changed
FERAINE
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€78,984
2024 · €85,127-€6,143
Equity
€249,908
2024 · €250,924-€1,016
Cash
€103,806
2024 · €54,192+€49,614
Balance sheet total
€485,641
2024 · €417,562+€68,080
Largest movements
Assets
- Cash +€49,614
up €49,614 (+91.6%), from €54,192 to €103,806
mainly Net result for the year (+€78,984) and Depreciation (+€32,839)
- Receivables within one year +€40,182
up €40,182 (+18.1%), from €222,569 to €262,751
of which Other amounts receivable: +€24,216
- Tangible fixed assets -€31,769
down €31,769 (-31.4%), from €101,057 to €69,287
of which Plant, machinery and equipment: -€24,104
- Stocks and contracts +€6,576
up €6,576 (+176%), from €3,743 to €10,319
Equity and liabilities
- Other debts +€27,213
up €27,213 (+30.1%), from €90,527 to €117,740
- Advances received +€26,545
new in 2025: €26,545
- Trade debts +€12,576
up €12,576 (+30.4%), from €41,380 to €53,957
- Tax, wage and social debts +€10,720
up €10,720 (+141%), from €7,578 to €18,299
of which Taxes: +€9,058
- Debts after one year -€5,944
down €5,944 (-45.2%), from €13,141 to €7,198
Income statement
- Gross operating margin -€56,843
down €56,843 (-13.8%), from €411,203 to €354,361
- Staff costs -€37,211
down €37,211 (-13.3%), from €279,216 to €242,005
- Depreciation -€8,114
down €8,114 (-19.8%), from €40,953 to €32,839
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€85,127
Gross operating margin
-€56,843
Staff costs
+€37,211
Depreciation
+€8,114
Write-downs
+€3,463
Other operating charges
-€126
Financial income
-€796
Financial charges
-€260
Taxes
+€3,094
Result 2025
€78,984
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€136,426
Investment
-€1,069
Financing
-€85,743
Cash 2024
€54,192
From operations (derived)
+€136,426
Net result for the year
+€78,984
Depreciation
+€32,839
Stocks and contracts
-€6,576
Receivables within one year
-€40,182
Deferred charges and accrued income
-€3,477
Provisions
-€2,317
Trade debts
+€12,576
Tax, wage and social debts
+€10,720
Advances received
+€26,545
Other debts
+€27,213
Accrued charges and deferred income
+€101
Investment (derived)
-€1,069
Investment in fixed assets (net)
-€1,069
Financing
-€85,743
Debts after one year
-€5,944
Current portion of long-term debt
+€201
Contributions, distributions and other
-€80,000
Cash 2025
€103,806
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,562 | €485,641 | +€68,080 | +16.3% |
| Fixed assets | 21/28 | €101,057 | €69,287 | -€31,769 | -31.4% |
| Tangible fixed assets | 22/27 | €101,057 | €69,287 | -€31,769 | -31.4% |
| Land and buildings | 22 | €9,766 | €8,283 | -€1,483 | -15.2% |
| Plant, machinery and equipment | 23 | €69,090 | €44,986 | -€24,104 | -34.9% |
| Furniture and vehicles | 24 | €3,761 | €3,360 | -€400 | -10.6% |
| Leasing and similar rights | 25 | €18,440 | €12,658 | -€5,782 | -31.4% |
| Current assets | 29/58 | €316,505 | €416,354 | +€99,849 | +31.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €3,743 | €10,319 | +€6,576 | +176% |
| Stocks | 30/36 | €3,743 | €10,319 | +€6,576 | +176% |
| Amounts receivable within one year | 40/41 | €222,569 | €262,751 | +€40,182 | +18.1% |
| Trade receivables | 40 | €56,439 | €72,405 | +€15,966 | +28.3% |
| Other amounts receivable | 41 | €166,130 | €190,346 | +€24,216 | +14.6% |
| Current investments | 50/53 | €34,959 | €34,959 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,192 | €103,806 | +€49,614 | +91.6% |
| Deferred charges and accrued income | 490/1 | €1,041 | €4,518 | +€3,477 | +334% |
| Total equity and liabilities | 10/49 | €417,562 | €485,641 | +€68,080 | +16.3% |
| Equity | 10/15 | €250,924 | €249,908 | -€1,016 | -0.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €150,924 | €149,908 | -€1,016 | -0.7% |
| Non-distributable reserves | 130/1 | €22,041 | €22,041 | = | 0.0% |
| Legal reserve | 130 | €22,041 | €22,041 | = | 0.0% |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €22,418 | €15,466 | -€6,952 | -31.0% |
| Distributable reserves | 133 | €106,466 | €112,401 | +€5,936 | +5.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €8,101 | €5,784 | -€2,317 | -28.6% |
| Provisions for liabilities and charges | 160/5 | €629 | €629 | = | 0.0% |
| Other liabilities and charges | 164/5 | €629 | €629 | = | 0.0% |
| Deferred taxes | 168 | €7,473 | €5,155 | -€2,317 | -31.0% |
| Amounts payable | 17/49 | €158,536 | €229,949 | +€71,413 | +45.0% |
| Amounts payable after more than one year | 17 | €13,141 | €7,198 | -€5,944 | -45.2% |
| Financial debts | 170/4 | €13,141 | €7,198 | -€5,944 | -45.2% |
| Amounts payable within one year | 42/48 | €145,228 | €222,484 | +€77,256 | +53.2% |
| Current portion of amounts payable after more than one year | 42 | €5,743 | €5,944 | +€201 | +3.5% |
| Trade debts | 44 | €41,380 | €53,957 | +€12,576 | +30.4% |
| Suppliers | 440/4 | €41,380 | €53,957 | +€12,576 | +30.4% |
| Advances received on contracts in progress | 46 | - | €26,545 | +€26,545 | |
| Taxes, remuneration and social security | 45 | €7,578 | €18,299 | +€10,720 | +141% |
| Taxes | 450/3 | €1,324 | €10,382 | +€9,058 | +684% |
| Remuneration and social security | 454/9 | €6,254 | €7,916 | +€1,662 | +26.6% |
| Other amounts payable | 47/48 | €90,527 | €117,740 | +€27,213 | +30.1% |
| Accrued charges and deferred income | 492/3 | €167 | €268 | +€101 | +60.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €279,216 | €242,005 | -€37,211 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,953 | €32,839 | -€8,114 | -19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,463 | €0 | -€3,463 | -100% |
| Other operating charges | 640/8 | €2,818 | €2,945 | +€126 | +4.5% |
| Gross operating margin | 9900 | €411,203 | €354,361 | -€56,843 | -13.8% |
| Operating profit (loss) | 9901 | €84,754 | €76,573 | -€8,181 | -9.7% |
| Financial income | 75/76B | €8,336 | €7,540 | -€796 | -9.5% |
| Recurring financial income | 75 | €8,336 | €7,540 | -€796 | -9.5% |
| Financial charges | 65/66B | €2,788 | €3,048 | +€260 | +9.3% |
| Recurring financial charges | 65 | €2,788 | €3,048 | +€260 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €90,302 | €81,065 | -€9,237 | -10.2% |
| Transfer from deferred taxes | 780 | €2,317 | €2,317 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €7,492 | €4,398 | -€3,094 | -41.3% |
| Profit (loss) for the period | 9904 | €85,127 | €78,984 | -€6,143 | -7.2% |
| Transfer from tax-exempt reserves | 789 | €6,952 | €6,952 | -€0 | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €92,079 | €85,936 | -€6,143 | -6.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.