FERNEL-DIS: 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.
FERNEL-DIS
Largest movements
- Tangible fixed assets +€2.0m
up €2.0m (+138.5%), from €1.4m to €3.4m
of which Plant, machinery and equipment: +€1.5m
- Receivables within one year +€538,469
up €538,469 (+247.8%), from €217,257 to €755,726
of which Other amounts receivable: +€464,141
- Stocks and contracts +€385,902
up €385,902 (+145.3%), from €265,593 to €651,495
- Cash +€143,643
up €143,643 (+12.1%), from €1.2m to €1.3m
mainly Debts after one year (+€1.9m) and Trade debts (+€1.1m)
- Debts after one year +€1.9m
up €1.9m (+1827.3%), from €106,473 to €2.1m
- Trade debts +€1.1m
up €1.1m (+115.0%), from €973,741 to €2.1m
- Current portion of long-term debt +€171,378
up €171,378 (+542.9%), from €31,568 to €202,946
- Other debts -€100,000
down €100,000 (-25.0%), from €400,000 to €300,000
- Gross operating margin -€193,791
down €193,791 (-8.9%), from €2.2m to €2.0m
- Taxes -€68,596
down €68,596 (-43.1%), from €159,198 to €90,602
- Depreciation +€64,499
up €64,499 (+21.0%), from €306,594 to €371,092
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 | €3,101,777 | €6,134,536 | +€3.0m | +97.8% |
| Fixed assets | 21/28 | €1,416,840 | €3,377,865 | +€2.0m | +138.4% |
| Tangible fixed assets | 22/27 | €1,416,177 | €3,377,402 | +€2.0m | +138.5% |
| Land and buildings | 22 | €790,163 | €1,255,860 | +€465,697 | +58.9% |
| Plant, machinery and equipment | 23 | €588,611 | €2,047,932 | +€1.5m | +247.9% |
| Furniture and vehicles | 24 | €37,403 | €73,610 | +€36,206 | +96.8% |
| Financial fixed assets | 28 | €663 | €463 | -€200 | -30.2% |
| Current assets | 29/58 | €1,684,937 | €2,756,672 | +€1.1m | +63.6% |
| Stocks and contracts in progress | 3 | €265,593 | €651,495 | +€385,902 | +145.3% |
| Stocks | 30/36 | €265,593 | €651,495 | +€385,902 | +145.3% |
| Amounts receivable within one year | 40/41 | €217,257 | €755,726 | +€538,469 | +247.8% |
| Trade receivables | 40 | €217,158 | €291,486 | +€74,328 | +34.2% |
| Other amounts receivable | 41 | €99 | €464,240 | +€464,141 | +470397.4% |
| Cash at bank and in hand | 54/58 | €1,187,329 | €1,330,973 | +€143,643 | +12.1% |
| Deferred charges and accrued income | 490/1 | €14,758 | €18,478 | +€3,720 | +25.2% |
| Total equity and liabilities | 10/49 | €3,101,777 | €6,134,536 | +€3.0m | +97.8% |
| Equity | 10/15 | €1,317,551 | €1,264,100 | -€53,451 | -4.1% |
| Contributions | 10/11 | €84,400 | €84,400 | = | 0.0% |
| Reserves | 13 | €22,085 | €22,085 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,085 | €22,085 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,085 | €22,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,211,066 | €1,157,615 | -€53,451 | -4.4% |
| Amounts payable | 17/49 | €1,784,226 | €4,870,436 | +€3.1m | +173.0% |
| Amounts payable after more than one year | 17 | €106,473 | €2,052,006 | +€1.9m | +1827.3% |
| Financial debts | 170/4 | €106,473 | €2,052,006 | +€1.9m | +1827.3% |
| Amounts payable within one year | 42/48 | €1,562,753 | €2,726,430 | +€1.2m | +74.5% |
| Current portion of amounts payable after more than one year | 42 | €31,568 | €202,946 | +€171,378 | +542.9% |
| Trade debts | 44 | €973,741 | €2,093,571 | +€1.1m | +115.0% |
| Suppliers | 440/4 | €973,741 | €2,093,571 | +€1.1m | +115.0% |
| Taxes, remuneration and social security | 45 | €157,444 | €129,913 | -€27,531 | -17.5% |
| Taxes | 450/3 | €46,081 | €280 | -€45,801 | -99.4% |
| Remuneration and social security | 454/9 | €111,363 | €129,633 | +€18,270 | +16.4% |
| Other amounts payable | 47/48 | €400,000 | €300,000 | -€100,000 | -25.0% |
| Accrued charges and deferred income | 492/3 | €115,000 | €92,000 | -€23,000 | -20.0% |
| Non-recurring operating income | 76A | - | €13,800 | +€13,800 | |
| Remuneration, social security and pensions | 62 | €1,205,417 | €1,218,197 | +€12,780 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306,594 | €371,092 | +€64,499 | +21.0% |
| Other operating charges | 640/8 | €24,037 | €25,943 | +€1,906 | +7.9% |
| Gross operating margin | 9900 | €2,186,298 | €1,992,507 | -€193,791 | -8.9% |
| Operating profit (loss) | 9901 | €650,250 | €377,274 | -€272,976 | -42.0% |
| Financial income | 75/76B | €900 | €3,631 | +€2,730 | +303.3% |
| Recurring financial income | 75 | €900 | €3,631 | +€2,730 | +303.3% |
| Financial charges | 65/66B | €31,414 | €43,753 | +€12,339 | +39.3% |
| Recurring financial charges | 65 | €31,414 | €42,852 | +€11,438 | +36.4% |
| Non-recurring financial charges | 66B | - | €902 | +€902 | |
| Profit (loss) for the period before taxes | 9903 | €619,736 | €337,151 | -€282,585 | -45.6% |
| Income taxes | 67/77 | €159,198 | €90,602 | -€68,596 | -43.1% |
| Profit (loss) for the period | 9904 | €460,538 | €246,549 | -€213,989 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €460,538 | €246,549 | -€213,989 | -46.5% |
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 6 October 2026 via checked.be.