FERIRON: 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.
FERIRON
Largest movements
- Tangible fixed assets -€152,778
down €152,778 (-96.2%), from €158,778 to €6,000
of which Land and buildings: -€150,778
- Receivables within one year +€32,368
up €32,368 (+415%), from €7,799 to €40,167
of which Other amounts receivable: +€28,568
- Stocks and contracts -€9,087
down €9,087 (-96.5%), from €9,417 to €330
- Deferred charges and accrued income -€2,744
no longer reported in 2025 (was €2,744)
- Cash +€2,316
new in 2025: €2,316
mainly Investment in fixed assets (net) (+€150,778) and Net result for the year (+€21,321)
- Debts after one year -€95,629
no longer reported in 2025 (was €95,629)
- Reserves +€59,546
new in 2025: €59,546
- Other debts -€40,424
no longer reported in 2025 (was €40,424)
- Profit (loss) carried forward -€38,225
down €38,225, from €12,536 to -€25,689
- Current portion of long-term debt -€9,331
no longer reported in 2025 (was €9,331)
- Depreciation -€12,744
down €12,744 (-86.4%), from €14,744 to €2,000
- Gross operating margin +€5,272
up €5,272 (+22.8%), from €23,081 to €28,353
- Taxes -€1,159
down €1,159 (-80.8%), from €1,434 to €275
- Other operating charges -€856
down €856 (-19.2%), from €4,462 to €3,606
- Financial income +€771
new in 2025: €771
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 | €178,739 | €48,813 | -€129,926 | -72.7% |
| Fixed assets | 21/28 | €158,778 | €6,000 | -€152,778 | -96.2% |
| Tangible fixed assets | 22/27 | €158,778 | €6,000 | -€152,778 | -96.2% |
| Land and buildings | 22 | €150,778 | - | -€150,778 | |
| Furniture and vehicles | 24 | €8,000 | €6,000 | -€2,000 | -25.0% |
| Current assets | 29/58 | €19,960 | €42,813 | +€22,853 | +114% |
| Stocks and contracts in progress | 3 | €9,417 | €330 | -€9,087 | -96.5% |
| Stocks | 30/36 | €9,417 | €330 | -€9,087 | -96.5% |
| Amounts receivable within one year | 40/41 | €7,799 | €40,167 | +€32,368 | +415% |
| Trade receivables | 40 | €500 | €4,300 | +€3,800 | +760% |
| Other amounts receivable | 41 | €7,299 | €35,867 | +€28,568 | +391% |
| Cash at bank and in hand | 54/58 | - | €2,316 | +€2,316 | |
| Deferred charges and accrued income | 490/1 | €2,744 | - | -€2,744 | |
| Total equity and liabilities | 10/49 | €178,739 | €48,813 | -€129,926 | -72.7% |
| Equity | 10/15 | €18,736 | €40,057 | +€21,321 | +114% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €59,546 | +€59,546 | |
| Tax-exempt reserves | 132 | - | €59,546 | +€59,546 | |
| Profit (loss) carried forward | 14 | €12,536 | -€25,689 | -€38,225 | |
| Amounts payable | 17/49 | €160,003 | €8,756 | -€151,246 | -94.5% |
| Amounts payable after more than one year | 17 | €95,629 | - | -€95,629 | |
| Financial debts | 170/4 | €95,629 | - | -€95,629 | |
| Amounts payable within one year | 42/48 | €64,373 | €8,756 | -€55,617 | -86.4% |
| Current portion of amounts payable after more than one year | 42 | €9,331 | - | -€9,331 | |
| Financial debts | 43 | €31 | - | -€31 | |
| Credit institutions | 430/8 | €31 | - | -€31 | |
| Trade debts | 44 | €11,952 | €5,847 | -€6,106 | -51.1% |
| Suppliers | 440/4 | €11,952 | €5,847 | -€6,106 | -51.1% |
| Taxes, remuneration and social security | 45 | €2,634 | €2,909 | +€275 | +10.5% |
| Taxes | 450/3 | €2,634 | €2,909 | +€275 | +10.5% |
| Other amounts payable | 47/48 | €40,424 | - | -€40,424 | |
| Non-recurring operating income | 76A | - | €59,546 | +€59,546 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,744 | €2,000 | -€12,744 | -86.4% |
| Other operating charges | 640/8 | €4,462 | €3,606 | -€856 | -19.2% |
| Gross operating margin | 9900 | €23,081 | €28,353 | +€5,272 | +22.8% |
| Operating profit (loss) | 9901 | €3,875 | €22,747 | +€18,872 | +487% |
| Financial income | 75/76B | - | €771 | +€771 | |
| Recurring financial income | 75 | - | €771 | +€771 | |
| Financial charges | 65/66B | €1,540 | €1,922 | +€381 | +24.8% |
| Recurring financial charges | 65 | €1,540 | €1,922 | +€381 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €2,335 | €21,596 | +€19,261 | +825% |
| Income taxes | 67/77 | €1,434 | €275 | -€1,159 | -80.8% |
| Profit (loss) for the period | 9904 | €901 | €21,321 | +€20,420 | +2,267% |
| Transfer to tax-exempt reserves | 689 | - | €59,546 | +€59,546 | |
| Profit (loss) for the period to be appropriated | 9905 | €901 | -€38,225 | -€39,126 |
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 13 October 2026 via checked.be.