FERAKK: 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.
FERAKK
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Tax, wage and social debts +€8,210
up €8,210 (+365.4%), from €2,247 to €10,457
- Profit (loss) carried forward -€6,617
down €6,617, from €6,541 to -€76
- Trade debts -€1,510
down €1,510 (-37.8%), from €3,998 to €2,488
- Gross operating margin -€5,907
down €5,907 (-31.8%), from €18,562 to €12,655
- Other operating charges +€2,167
up €2,167 (+1337.7%), from €162 to €2,329
- Staff costs -€870
down €870 (-7.3%), from €11,859 to €10,989
- Taxes +€516
new in 2025: €516
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,786 | €17,869 | +€83 | +0.5% |
| Fixed assets | 21/28 | €6,000 | €6,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €11,786 | €11,869 | +€83 | +0.7% |
| Amounts receivable within one year | 40/41 | €6,786 | €6,869 | +€83 | +1.2% |
| Trade receivables | 40 | €6,786 | €6,869 | +€83 | +1.2% |
| Cash at bank and in hand | 54/58 | €5,000 | €5,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €17,786 | €17,869 | +€83 | +0.5% |
| Equity | 10/15 | €11,541 | €4,924 | -€6,617 | -57.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,541 | -€76 | -€6,617 | |
| Amounts payable | 17/49 | €6,245 | €12,945 | +€6,700 | +107.3% |
| Amounts payable within one year | 42/48 | €6,245 | €12,945 | +€6,700 | +107.3% |
| Trade debts | 44 | €3,998 | €2,488 | -€1,510 | -37.8% |
| Suppliers | 440/4 | €3,998 | €2,488 | -€1,510 | -37.8% |
| Taxes, remuneration and social security | 45 | €2,247 | €10,457 | +€8,210 | +365.4% |
| Taxes | 450/3 | €2,247 | €10,457 | +€8,210 | +365.4% |
| Remuneration, social security and pensions | 62 | €11,859 | €10,989 | -€870 | -7.3% |
| Other operating charges | 640/8 | €162 | €2,329 | +€2,167 | +1337.7% |
| Gross operating margin | 9900 | €18,562 | €12,655 | -€5,907 | -31.8% |
| Operating profit (loss) | 9901 | €6,541 | -€663 | -€7,204 | |
| Profit (loss) for the period before taxes | 9903 | €6,541 | -€663 | -€7,204 | |
| Income taxes | 67/77 | - | €516 | +€516 | |
| Profit (loss) for the period | 9904 | €6,541 | -€1,179 | -€7,720 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,541 | -€1,179 | -€7,720 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.