FEREASTRA: 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.
FEREASTRA
Largest movements
- Receivables within one year -€8,544
down €8,544 (-64.9%), from €13,156 to €4,613
of which Trade receivables: -€12,312
- Cash +€5,033
up €5,033 (+130,058%), from €4 to €5,037
mainly Receivables within one year (+€8,544) and Trade debts (+€3,577)
- Tangible fixed assets +€464
up €464 (+37.1%), from €1,251 to €1,715
of which Furniture and vehicles: +€951
- Trade debts +€3,577
up €3,577 (+8.2%), from €43,815 to €47,392
- Profit (loss) carried forward -€3,553
down €3,553 (-5.9%), from -€60,491 to -€64,044
- Accrued charges and deferred income -€1,870
no longer reported in 2025 (was €1,870)
- Other debts -€1,590
down €1,590 (-6.3%), from €25,098 to €23,509
- Contributions +€1,000
up €1,000 (+6.2%), from €16,200 to €17,200
- Gross operating margin +€31,227
up €31,227, from -€22,997 to €8,230
- Other operating charges +€8,691
up €8,691 (+580%), from €1,499 to €10,189
- Depreciation -€3,021
down €3,021 (-74.1%), from €4,076 to €1,056
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 | €29,341 | €26,295 | -€3,047 | -10.4% |
| Fixed assets | 21/28 | €1,251 | €1,715 | +€464 | +37.1% |
| Tangible fixed assets | 22/27 | €1,251 | €1,715 | +€464 | +37.1% |
| Plant, machinery and equipment | 23 | €728 | €240 | -€488 | -67.0% |
| Furniture and vehicles | 24 | €523 | €1,474 | +€951 | +182% |
| Current assets | 29/58 | €28,090 | €24,580 | -€3,510 | -12.5% |
| Stocks and contracts in progress | 3 | €14,930 | €14,930 | = | 0.0% |
| Stocks | 30/36 | €14,930 | €14,930 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,156 | €4,613 | -€8,544 | -64.9% |
| Trade receivables | 40 | €12,812 | €500 | -€12,312 | -96.1% |
| Other amounts receivable | 41 | €344 | €4,113 | +€3,768 | +1,094% |
| Cash at bank and in hand | 54/58 | €4 | €5,037 | +€5,033 | +130,058% |
| Total equity and liabilities | 10/49 | €29,341 | €26,295 | -€3,047 | -10.4% |
| Equity | 10/15 | -€42,431 | -€44,984 | -€2,553 | -6.0% |
| Contributions | 10/11 | €16,200 | €17,200 | +€1,000 | +6.2% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€60,491 | -€64,044 | -€3,553 | -5.9% |
| Amounts payable | 17/49 | €71,772 | €71,278 | -€494 | -0.7% |
| Amounts payable within one year | 42/48 | €69,902 | €71,278 | +€1,376 | +2.0% |
| Trade debts | 44 | €43,815 | €47,392 | +€3,577 | +8.2% |
| Suppliers | 440/4 | €43,815 | €47,392 | +€3,577 | +8.2% |
| Taxes, remuneration and social security | 45 | €989 | €378 | -€611 | -61.8% |
| Taxes | 450/3 | €989 | €378 | -€611 | -61.8% |
| Other amounts payable | 47/48 | €25,098 | €23,509 | -€1,590 | -6.3% |
| Accrued charges and deferred income | 492/3 | €1,870 | - | -€1,870 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,076 | €1,056 | -€3,021 | -74.1% |
| Other operating charges | 640/8 | €1,499 | €10,189 | +€8,691 | +580% |
| Gross operating margin | 9900 | -€22,997 | €8,230 | +€31,227 | |
| Operating profit (loss) | 9901 | -€28,572 | -€3,015 | +€25,557 | +89.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €151 | €160 | +€9 | +6.0% |
| Recurring financial charges | 65 | €151 | €160 | +€9 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,723 | -€3,175 | +€25,549 | +88.9% |
| Income taxes | 67/77 | €371 | €378 | +€7 | +1.8% |
| Profit (loss) for the period | 9904 | -€29,095 | -€3,553 | +€25,542 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,095 | -€3,553 | +€25,542 | +87.8% |
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 21 October 2026 via checked.be.