FERFA SERVICES: 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.
FERFA SERVICES
Largest movements
- Tangible fixed assets -€9,525
down €9,525 (-27.0%), from €35,280 to €25,755
of which Furniture and vehicles: -€7,900
- Cash +€4,097
up €4,097 (+625.9%), from €655 to €4,752
mainly Depreciation (+€9,525) and Deferred charges and accrued income (+€900)
- Deferred charges and accrued income -€900
no longer reported in 2025 (was €900)
- Tax, wage and social debts -€2,680
down €2,680 (-52.4%), from €5,116 to €2,436
of which Remuneration and social security: -€2,130
- Other debts -€1,348
down €1,348 (-4.2%), from €31,911 to €30,562
- Trade debts -€1,166
down €1,166 (-44.7%), from €2,608 to €1,442
- Accrued charges and deferred income -€600
no longer reported in 2025 (was €600)
- Profit (loss) carried forward -€487
down €487 (-0.7%), from -€73,714 to -€74,201
- Staff costs -€5,524
down €5,524 (-25.7%), from €21,508 to €15,984
- Gross operating margin +€2,533
up €2,533 (+10.3%), from €24,504 to €27,037
- Other operating charges +€1,031
up €1,031 (+114.7%), from €899 to €1,929
- Financial charges -€315
down €315 (-78.7%), from €400 to €85
- Financial income -€288
no longer reported in 2025 (was €288)
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 | €37,200 | €30,919 | -€6,281 | -16.9% |
| Fixed assets | 21/28 | €35,280 | €25,755 | -€9,525 | -27.0% |
| Tangible fixed assets | 22/27 | €35,280 | €25,755 | -€9,525 | -27.0% |
| Land and buildings | 22 | €5,922 | €4,696 | -€1,226 | -20.7% |
| Plant, machinery and equipment | 23 | €1,161 | €763 | -€399 | -34.3% |
| Furniture and vehicles | 24 | €28,197 | €20,297 | -€7,900 | -28.0% |
| Current assets | 29/58 | €1,920 | €5,164 | +€3,244 | +168.9% |
| Amounts receivable within one year | 40/41 | €366 | €413 | +€47 | +12.9% |
| Trade receivables | 40 | €366 | €413 | +€47 | +12.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €655 | €4,752 | +€4,097 | +625.9% |
| Deferred charges and accrued income | 490/1 | €900 | - | -€900 | |
| Total equity and liabilities | 10/49 | €37,200 | €30,919 | -€6,281 | -16.9% |
| Equity | 10/15 | -€65,034 | -€65,521 | -€487 | -0.7% |
| Contributions | 10/11 | €8,680 | €8,680 | = | 0.0% |
| Outside capital | 11 | - | €8,680 | +€8,680 | |
| Other | 1109/19 | - | €8,680 | +€8,680 | |
| Profit (loss) carried forward | 14 | -€73,714 | -€74,201 | -€487 | -0.7% |
| Amounts payable | 17/49 | €102,235 | €96,440 | -€5,794 | -5.7% |
| Amounts payable after more than one year | 17 | €62,000 | €62,000 | = | 0.0% |
| Other amounts payable | 178/9 | €62,000 | €62,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €39,635 | €34,440 | -€5,194 | -13.1% |
| Trade debts | 44 | €2,608 | €1,442 | -€1,166 | -44.7% |
| Suppliers | 440/4 | €2,608 | €1,442 | -€1,166 | -44.7% |
| Taxes, remuneration and social security | 45 | €5,116 | €2,436 | -€2,680 | -52.4% |
| Taxes | 450/3 | €1,077 | €527 | -€550 | -51.1% |
| Remuneration and social security | 454/9 | €4,039 | €1,909 | -€2,130 | -52.7% |
| Other amounts payable | 47/48 | €31,911 | €30,562 | -€1,348 | -4.2% |
| Accrued charges and deferred income | 492/3 | €600 | - | -€600 | |
| Remuneration, social security and pensions | 62 | €21,508 | €15,984 | -€5,524 | -25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,265 | €9,525 | +€260 | +2.8% |
| Other operating charges | 640/8 | €899 | €1,929 | +€1,031 | +114.7% |
| Gross operating margin | 9900 | €24,504 | €27,037 | +€2,533 | +10.3% |
| Operating profit (loss) | 9901 | -€7,167 | -€402 | +€6,765 | +94.4% |
| Financial income | 75/76B | €288 | - | -€288 | |
| Recurring financial income | 75 | €288 | - | -€288 | |
| Financial charges | 65/66B | €400 | €85 | -€315 | -78.7% |
| Recurring financial charges | 65 | €400 | €85 | -€315 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,279 | -€487 | +€6,792 | +93.3% |
| Income taxes | 67/77 | €189 | - | -€189 | |
| Profit (loss) for the period | 9904 | -€7,468 | -€487 | +€6,981 | +93.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,468 | -€487 | +€6,981 | +93.5% |
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.