FERBECO CONSTRUCT: 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.
FERBECO CONSTRUCT
Largest movements
- Receivables within one year +€584,371
up €584,371 (+43.3%), from €1.4m to €1.9m
of which Trade receivables: +€557,506
- Cash -€291,846
down €291,846 (-53.6%), from €544,994 to €253,149
mainly Contributions, distributions and other (-€1.3m) and Receivables within one year (-€584,371)
- Tangible fixed assets +€97,918
up €97,918 (+22.1%), from €443,028 to €540,946
of which Plant, machinery and equipment: +€105,774
- Trade debts +€460,288
up €460,288 (+194.0%), from €237,246 to €697,534
- Reserves -€174,129
down €174,129 (-61.2%), from €284,460 to €110,332
- Other debts +€69,450
up €69,450 (+5.6%), from €1.3m to €1.3m
- Current portion of long-term debt +€31,003
up €31,003 (+27.0%), from €114,940 to €145,943
- Tax, wage and social debts -€27,725
down €27,725 (-19.4%), from €142,776 to €115,051
of which Remuneration and social security: -€39,735
- Financial income -€295,403
down €295,403 (-22.7%), from €1.3m to €1.0m
- Depreciation +€111,106
up €111,106 (+54.6%), from €203,576 to €314,682
- Gross operating margin -€103,487
down €103,487 (-4.4%), from €2.4m to €2.3m
- Staff costs -€93,406
down €93,406 (-5.2%), from €1.8m to €1.7m
- Taxes -€30,833
down €30,833 (-36.9%), from €83,509 to €52,676
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 | €2,382,073 | €2,754,394 | +€372,320 | +15.6% |
| Fixed assets | 21/28 | €468,957 | €566,146 | +€97,189 | +20.7% |
| Tangible fixed assets | 22/27 | €443,028 | €540,946 | +€97,918 | +22.1% |
| Plant, machinery and equipment | 23 | €272,469 | €378,243 | +€105,774 | +38.8% |
| Furniture and vehicles | 24 | €106,598 | €96,242 | -€10,356 | -9.7% |
| Leasing and similar rights | 25 | €13,491 | €2,407 | -€11,084 | -82.2% |
| Other tangible fixed assets | 26 | €50,470 | €64,054 | +€13,585 | +26.9% |
| Financial fixed assets | 28 | €25,929 | €25,200 | -€729 | -2.8% |
| Current assets | 29/58 | €1,913,116 | €2,188,247 | +€275,132 | +14.4% |
| Amounts receivable within one year | 40/41 | €1,350,728 | €1,935,099 | +€584,371 | +43.3% |
| Trade receivables | 40 | €1,303,919 | €1,861,425 | +€557,506 | +42.8% |
| Other amounts receivable | 41 | €46,808 | €73,674 | +€26,865 | +57.4% |
| Cash at bank and in hand | 54/58 | €544,994 | €253,149 | -€291,846 | -53.6% |
| Deferred charges and accrued income | 490/1 | €17,394 | - | -€17,394 | |
| Total equity and liabilities | 10/49 | €2,382,073 | €2,754,394 | +€372,320 | +15.6% |
| Equity | 10/15 | €364,460 | €190,332 | -€174,129 | -47.8% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €284,460 | €110,332 | -€174,129 | -61.2% |
| Distributable reserves | 133 | €284,460 | €110,332 | -€174,129 | -61.2% |
| Amounts payable | 17/49 | €2,017,613 | €2,564,062 | +€546,449 | +27.1% |
| Amounts payable after more than one year | 17 | €272,651 | €286,084 | +€13,433 | +4.9% |
| Financial debts | 170/4 | €272,651 | €286,084 | +€13,433 | +4.9% |
| Amounts payable within one year | 42/48 | €1,744,962 | €2,277,978 | +€533,016 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €114,940 | €145,943 | +€31,003 | +27.0% |
| Trade debts | 44 | €237,246 | €697,534 | +€460,288 | +194.0% |
| Suppliers | 440/4 | €237,246 | €697,534 | +€460,288 | +194.0% |
| Taxes, remuneration and social security | 45 | €142,776 | €115,051 | -€27,725 | -19.4% |
| Taxes | 450/3 | €53,202 | €65,213 | +€12,011 | +22.6% |
| Remuneration and social security | 454/9 | €89,574 | €49,838 | -€39,735 | -44.4% |
| Other amounts payable | 47/48 | €1,250,000 | €1,319,450 | +€69,450 | +5.6% |
| Remuneration, social security and pensions | 62 | €1,790,549 | €1,697,143 | -€93,406 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,576 | €314,682 | +€111,106 | +54.6% |
| Other operating charges | 640/8 | €20,134 | €16,176 | -€3,957 | -19.7% |
| Gross operating margin | 9900 | €2,356,506 | €2,253,019 | -€103,487 | -4.4% |
| Operating profit (loss) | 9901 | €342,247 | €225,017 | -€117,230 | -34.3% |
| Financial income | 75/76B | €1,301,678 | €1,006,275 | -€295,403 | -22.7% |
| Recurring financial income | 75 | €1,301,678 | €1,006,275 | -€295,403 | -22.7% |
| Financial charges | 65/66B | €26,801 | €33,294 | +€6,493 | +24.2% |
| Recurring financial charges | 65 | €26,801 | €33,294 | +€6,493 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €1,617,123 | €1,197,997 | -€419,126 | -25.9% |
| Income taxes | 67/77 | €83,509 | €52,676 | -€30,833 | -36.9% |
| Profit (loss) for the period | 9904 | €1,533,614 | €1,145,321 | -€388,293 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,533,614 | €1,145,321 | -€388,293 | -25.3% |
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 30 September 2026 via checked.be.