FEROC: 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.
FEROC
Largest movements
- Stocks and contracts +€1.2m
new in 2024: €1.2m
- Receivables after one year -€68,362
no longer reported in 2024 (was €68,362)
- Receivables within one year +€14,504
up €14,504 (+93.6%), from €15,501 to €30,004
of which Trade receivables: +€11,918
- Trade debts +€871,342
up €871,342 (+5,607%), from €15,540 to €886,882
- Reserves +€226,556
up €226,556 (+305%), from €74,333 to €300,888
- Tax, wage and social debts +€25,150
up €25,150 (+345%), from €7,295 to €32,445
- Gross operating margin +€282,827
up €282,827 (+29,454%), from €960 to €283,788
- Financial charges +€49,262
up €49,262 (+2,409%), from €2,045 to €51,307
- Taxes +€32,214
up €32,214, from -€263 to €31,951
- Financial income +€25,474
up €25,474 (+658%), from €3,873 to €29,346
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,167 | €1,222,215 | +€1.1m | +1,132% |
| Fixed assets | 21/28 | €7,800 | €8,922 | +€1,122 | +14.4% |
| Tangible fixed assets | 22/27 | €5,800 | €6,922 | +€1,122 | +19.3% |
| Plant, machinery and equipment | 23 | €3,856 | €5,221 | +€1,365 | +35.4% |
| Furniture and vehicles | 24 | €1,944 | €1,701 | -€243 | -12.5% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €91,368 | €1,213,293 | +€1.1m | +1,228% |
| Amounts receivable after more than one year | 29 | €68,362 | - | -€68,362 | |
| Trade receivables | 290 | €68,362 | - | -€68,362 | |
| Stocks and contracts in progress | 3 | - | €1,181,036 | +€1.2m | |
| Stocks | 30/36 | - | €1,181,036 | +€1.2m | |
| Amounts receivable within one year | 40/41 | €15,501 | €30,004 | +€14,504 | +93.6% |
| Trade receivables | 40 | €9,358 | €21,276 | +€11,918 | +127% |
| Other amounts receivable | 41 | €6,143 | €8,728 | +€2,585 | +42.1% |
| Cash at bank and in hand | 54/58 | €4,500 | €1,088 | -€3,412 | -75.8% |
| Deferred charges and accrued income | 490/1 | €3,005 | €1,166 | -€1,840 | -61.2% |
| Total equity and liabilities | 10/49 | €99,167 | €1,222,215 | +€1.1m | +1,132% |
| Equity | 10/15 | €76,333 | €302,888 | +€226,556 | +297% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €74,333 | €300,888 | +€226,556 | +305% |
| Non-distributable reserves | 130/1 | €74,333 | €300,888 | +€226,556 | +305% |
| Reserves not available under the articles | 1311 | €74,333 | €300,888 | +€226,556 | +305% |
| Amounts payable | 17/49 | €22,835 | €919,327 | +€896,492 | +3,926% |
| Amounts payable within one year | 42/48 | €22,835 | €919,327 | +€896,492 | +3,926% |
| Trade debts | 44 | €15,540 | €886,882 | +€871,342 | +5,607% |
| Suppliers | 440/4 | €15,540 | €886,882 | +€871,342 | +5,607% |
| Taxes, remuneration and social security | 45 | €7,295 | €32,445 | +€25,150 | +345% |
| Taxes | 450/3 | €7,295 | €32,445 | +€25,150 | +345% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,333 | €2,165 | +€832 | +62.4% |
| Other operating charges | 640/8 | €159 | €1,156 | +€997 | +627% |
| Gross operating margin | 9900 | €960 | €283,788 | +€282,827 | +29,454% |
| Operating profit (loss) | 9901 | -€532 | €280,467 | +€280,999 | |
| Financial income | 75/76B | €3,873 | €29,346 | +€25,474 | +658% |
| Recurring financial income | 75 | €3,873 | €29,346 | +€25,474 | +658% |
| Financial charges | 65/66B | €2,045 | €51,307 | +€49,262 | +2,409% |
| Recurring financial charges | 65 | €2,045 | €51,307 | +€49,262 | +2,409% |
| Profit (loss) for the period before taxes | 9903 | €1,296 | €258,506 | +€257,211 | +19,854% |
| Income taxes | 67/77 | -€263 | €31,951 | +€32,214 | |
| Profit (loss) for the period | 9904 | €1,558 | €226,556 | +€224,997 | +14,439% |
| Profit (loss) for the period to be appropriated | 9905 | €1,558 | €226,556 | +€224,997 | +14,439% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.