FERAS: 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.
FERAS
Largest movements
- Cash +€1,376
up €1,376 (+123.6%), from €1,113 to €2,489
mainly Net result for the year (+€1,538)
- Profit (loss) carried forward +€1,538
up €1,538 (+8.7%), from -€17,692 to -€16,154
- Trade debts -€163
down €163 (-79.1%), from €206 to €43
- Taxes -€1,440
no longer reported in 2025 (was €1,440)
- Gross operating margin -€208
down €208 (-11.8%), from €1,763 to €1,555
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 | €1,113 | €2,489 | +€1,376 | +123.6% |
| Current assets | 29/58 | €1,113 | €2,489 | +€1,376 | +123.6% |
| Cash at bank and in hand | 54/58 | €1,113 | €2,489 | +€1,376 | +123.6% |
| Total equity and liabilities | 10/49 | €1,113 | €2,489 | +€1,376 | +123.6% |
| Equity | 10/15 | €908 | €2,446 | +€1,538 | +169.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,692 | -€16,154 | +€1,538 | +8.7% |
| Amounts payable | 17/49 | €206 | €43 | -€163 | -79.1% |
| Amounts payable within one year | 42/48 | €206 | €43 | -€163 | -79.1% |
| Trade debts | 44 | €206 | €43 | -€163 | -79.1% |
| Suppliers | 440/4 | €206 | €43 | -€163 | -79.1% |
| Gross operating margin | 9900 | €1,763 | €1,555 | -€208 | -11.8% |
| Operating profit (loss) | 9901 | €1,763 | €1,555 | -€208 | -11.8% |
| Financial charges | 65/66B | €15 | €17 | +€2 | +10.0% |
| Recurring financial charges | 65 | €15 | €17 | +€2 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €1,748 | €1,538 | -€209 | -12.0% |
| Income taxes | 67/77 | €1,440 | - | -€1,440 | |
| Profit (loss) for the period | 9904 | €308 | €1,538 | +€1,231 | +400.2% |
| Profit (loss) for the period to be appropriated | 9905 | €308 | €1,538 | +€1,231 | +400.2% |
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 1 October 2026 via checked.be.