Feraru Group: 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.
Feraru Group
Largest movements
- Cash +€49,871
up €49,871 (+114%), from €43,872 to €93,743
mainly Net result for the year (+€19,953) and Debts after one year (+€16,261)
- Profit (loss) carried forward +€19,953
up €19,953 (+46.5%), from €42,896 to €62,849
- Debts after one year +€16,261
new in 2025: €16,261
- Current portion of long-term debt +€8,078
new in 2025: €8,078
- Tax, wage and social debts +€3,975
up €3,975 (+56.0%), from €7,098 to €11,073
- Trade debts +€2,513
new in 2025: €2,513
- Turnover -€11,176
down €11,176 (-12.2%), from €91,940 to €80,765
- Gross operating margin -€6,364
down €6,364 (-20.1%), from €31,584 to €25,220
- Purchases and services -€4,812
down €4,812 (-8.0%), from €60,357 to €55,545
- Taxes -€3,381
down €3,381 (-46.7%), from €7,242 to €3,861
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 | €70,994 | €121,774 | +€50,780 | +71.5% |
| Fixed assets | 21/28 | €313 | €724 | +€411 | +132% |
| Tangible fixed assets | 22/27 | €313 | €724 | +€411 | +132% |
| Furniture and vehicles | 24 | €313 | €724 | +€411 | +132% |
| Current assets | 29/58 | €70,682 | €121,050 | +€50,368 | +71.3% |
| Amounts receivable within one year | 40/41 | €26,810 | €27,307 | +€497 | +1.9% |
| Trade receivables | 40 | €15,126 | - | -€15,126 | |
| Other amounts receivable | 41 | €11,684 | €27,307 | +€15,623 | +134% |
| Cash at bank and in hand | 54/58 | €43,872 | €93,743 | +€49,871 | +114% |
| Total equity and liabilities | 10/49 | €70,994 | €121,774 | +€50,780 | +71.5% |
| Equity | 10/15 | €63,896 | €83,849 | +€19,953 | +31.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,896 | €62,849 | +€19,953 | +46.5% |
| Amounts payable | 17/49 | €7,098 | €37,925 | +€30,827 | +434% |
| Amounts payable after more than one year | 17 | - | €16,261 | +€16,261 | |
| Financial debts | 170/4 | - | €16,261 | +€16,261 | |
| Amounts payable within one year | 42/48 | €7,098 | €21,664 | +€14,566 | +205% |
| Current portion of amounts payable after more than one year | 42 | - | €8,078 | +€8,078 | |
| Trade debts | 44 | - | €2,513 | +€2,513 | |
| Suppliers | 440/4 | - | €2,513 | +€2,513 | |
| Taxes, remuneration and social security | 45 | €7,098 | €11,073 | +€3,975 | +56.0% |
| Taxes | 450/3 | €7,098 | €11,073 | +€3,975 | +56.0% |
| Turnover | 70 | €91,940 | €80,765 | -€11,176 | -12.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €60,357 | €55,545 | -€4,812 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313 | €675 | +€362 | +116% |
| Other operating charges | 640/8 | €126 | €363 | +€237 | +188% |
| Gross operating margin | 9900 | €31,584 | €25,220 | -€6,364 | -20.1% |
| Operating profit (loss) | 9901 | €31,145 | €24,182 | -€6,963 | -22.4% |
| Financial charges | 65/66B | €128 | €369 | +€240 | +187% |
| Recurring financial charges | 65 | €128 | €369 | +€240 | +187% |
| Profit (loss) for the period before taxes | 9903 | €31,017 | €23,814 | -€7,203 | -23.2% |
| Income taxes | 67/77 | €7,242 | €3,861 | -€3,381 | -46.7% |
| Profit (loss) for the period | 9904 | €23,775 | €19,953 | -€3,822 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,775 | €19,953 | -€3,822 | -16.1% |
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.