FERDY DAMES: 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.
FERDY DAMES
Largest movements
- Cash +€1,255
up €1,255 (+29.3%), from €4,287 to €5,542
mainly Depreciation (+€950) and Net result for the year (+€401)
- Reserves +€22,235
up €22,235 (+142.8%), from €15,573 to €37,808
of which Distributable reserves: +€22,235
- Profit (loss) carried forward -€21,834
no longer reported in 2025 (was €21,834)
- Gross operating margin -€11,043
down €11,043 (-81.8%), from €13,493 to €2,450
- Taxes -€2,307
down €2,307 (-91.2%), from €2,529 to €223
- Other operating charges +€176
up €176 (+51.4%), from €343 to €520
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 | €108,406 | €109,251 | +€845 | +0.8% |
| Fixed assets | 21/28 | €17,064 | €16,114 | -€950 | -5.6% |
| Tangible fixed assets | 22/27 | €17,064 | €16,114 | -€950 | -5.6% |
| Land and buildings | 22 | €15,980 | €15,367 | -€613 | -3.8% |
| Plant, machinery and equipment | 23 | €1,084 | €747 | -€337 | -31.1% |
| Current assets | 29/58 | €91,342 | €93,137 | +€1,795 | +2.0% |
| Amounts receivable within one year | 40/41 | €86,188 | €86,688 | +€501 | +0.6% |
| Trade receivables | 40 | - | €97 | +€97 | |
| Other amounts receivable | 41 | €86,188 | €86,592 | +€404 | +0.5% |
| Cash at bank and in hand | 54/58 | €4,287 | €5,542 | +€1,255 | +29.3% |
| Deferred charges and accrued income | 490/1 | €867 | €907 | +€39 | +4.5% |
| Total equity and liabilities | 10/49 | €108,406 | €109,251 | +€845 | +0.8% |
| Equity | 10/15 | €99,407 | €99,808 | +€401 | +0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €15,573 | €37,808 | +€22,235 | +142.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €9,373 | €31,608 | +€22,235 | +237.2% |
| Profit (loss) carried forward | 14 | €21,834 | - | -€21,834 | |
| Amounts payable | 17/49 | €8,999 | €9,443 | +€444 | +4.9% |
| Amounts payable within one year | 42/48 | €2,846 | €3,204 | +€358 | +12.6% |
| Trade debts | 44 | €109 | €455 | +€346 | +317.8% |
| Suppliers | 440/4 | €109 | €455 | +€346 | +317.8% |
| Taxes, remuneration and social security | 45 | €2,737 | €2,749 | +€12 | +0.4% |
| Taxes | 450/3 | €2,737 | €2,749 | +€12 | +0.4% |
| Accrued charges and deferred income | 492/3 | €6,152 | €6,238 | +€86 | +1.4% |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €950 | €950 | = | 0.0% |
| Other operating charges | 640/8 | €343 | €520 | +€176 | +51.4% |
| Gross operating margin | 9900 | €13,493 | €2,450 | -€11,043 | -81.8% |
| Operating profit (loss) | 9901 | €12,200 | €980 | -€11,219 | -92.0% |
| Financial income | 75/76B | €6 | €5 | -€0 | -5.1% |
| Recurring financial income | 75 | €6 | €5 | -€0 | -5.1% |
| Financial charges | 65/66B | €303 | €362 | +€59 | +19.5% |
| Recurring financial charges | 65 | €303 | €362 | +€59 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €11,902 | €624 | -€11,279 | -94.8% |
| Income taxes | 67/77 | €2,529 | €223 | -€2,307 | -91.2% |
| Profit (loss) for the period | 9904 | €9,373 | €401 | -€8,972 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,373 | €401 | -€8,972 | -95.7% |
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.