FERATEAM: 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.
FERATEAM
Largest movements
- Receivables within one year -€38,545
down €38,545 (-42.2%), from €91,406 to €52,861
of which Other amounts receivable: -€46,517
- Profit (loss) carried forward -€77,315
down €77,315 (-100.0%), from €77,315 to €0
- Reserves +€22,219
up €22,219 (+1194.6%), from €1,860 to €24,079
of which Distributable reserves: +€22,219
- Tax, wage and social debts +€15,766
up €15,766 (+573.3%), from €2,750 to €18,516
of which Taxes: +€15,766
- Gross operating margin +€25,452
up €25,452 (+287.1%), from €8,866 to €34,318
- Other operating charges +€16,407
up €16,407 (+3709.2%), from €442 to €16,850
- Write-downs -€13,595
new in 2025: -€13,595
- Taxes +€9,553
up €9,553 (+362.9%), from €2,633 to €12,185
- Financial income +€439
up €439 (+10.4%), from €4,233 to €4,673
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 | €102,811 | €63,802 | -€39,009 | -37.9% |
| Fixed assets | 21/28 | €2,332 | €1,360 | -€972 | -41.7% |
| Tangible fixed assets | 22/27 | €2,332 | €1,360 | -€972 | -41.7% |
| Furniture and vehicles | 24 | €2,332 | €1,360 | -€972 | -41.7% |
| Current assets | 29/58 | €100,479 | €62,442 | -€38,037 | -37.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €91,406 | €52,861 | -€38,545 | -42.2% |
| Trade receivables | 40 | €2,855 | €10,827 | +€7,972 | +279.2% |
| Other amounts receivable | 41 | €88,551 | €42,034 | -€46,517 | -52.5% |
| Cash at bank and in hand | 54/58 | €9,072 | €9,581 | +€508 | +5.6% |
| Total equity and liabilities | 10/49 | €102,811 | €63,802 | -€39,009 | -37.9% |
| Equity | 10/15 | €97,775 | €42,679 | -€55,096 | -56.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €24,079 | +€22,219 | +1194.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €22,219 | +€22,219 | |
| Profit (loss) carried forward | 14 | €77,315 | €0 | -€77,315 | -100.0% |
| Amounts payable | 17/49 | €5,036 | €21,123 | +€16,087 | +319.4% |
| Amounts payable within one year | 42/48 | €3,036 | €19,123 | +€16,087 | +529.8% |
| Trade debts | 44 | €286 | €607 | +€321 | +112.2% |
| Suppliers | 440/4 | €286 | €607 | +€321 | +112.2% |
| Taxes, remuneration and social security | 45 | €2,750 | €18,516 | +€15,766 | +573.3% |
| Taxes | 450/3 | €2,750 | €18,516 | +€15,766 | +573.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €972 | €972 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€13,595 | -€13,595 | |
| Other operating charges | 640/8 | €442 | €16,850 | +€16,407 | +3709.2% |
| Gross operating margin | 9900 | €8,866 | €34,318 | +€25,452 | +287.1% |
| Operating profit (loss) | 9901 | €7,452 | €30,092 | +€22,640 | +303.8% |
| Financial income | 75/76B | €4,233 | €4,673 | +€439 | +10.4% |
| Recurring financial income | 75 | €4,233 | €4,673 | +€439 | +10.4% |
| Financial charges | 65/66B | €343 | €360 | +€17 | +5.0% |
| Recurring financial charges | 65 | €343 | €360 | +€17 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €11,343 | €34,404 | +€23,062 | +203.3% |
| Income taxes | 67/77 | €2,633 | €12,185 | +€9,553 | +362.9% |
| Profit (loss) for the period | 9904 | €8,710 | €22,219 | +€13,509 | +155.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,710 | €22,219 | +€13,509 | +155.1% |
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 9 October 2026 via checked.be.