Feroco: 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.
Feroco
Largest movements
- Receivables within one year -€8,168
down €8,168 (-14.7%), from €55,628 to €47,460
- Cash +€1,450
up €1,450 (+112.2%), from €1,292 to €2,742
mainly Receivables within one year (+€8,168) and Trade debts (+€1,048)
- Reserves -€4,181
down €4,181 (-4.3%), from €96,335 to €92,153
- Tax, wage and social debts -€3,995
down €3,995 (-100.0%), from €3,995 to €0
- Gross operating margin +€646
up €646 (+16.6%), from -€3,895 to -€3,248
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 | €106,714 | €99,996 | -€6,718 | -6.3% |
| Fixed assets | 21/28 | €9,916 | €9,916 | = | 0.0% |
| Tangible fixed assets | 22/27 | €9,916 | €9,916 | = | 0.0% |
| Land and buildings | 22 | €9,916 | €9,916 | = | 0.0% |
| Current assets | 29/58 | €96,798 | €90,080 | -€6,718 | -6.9% |
| Amounts receivable after more than one year | 29 | €39,879 | €39,879 | = | 0.0% |
| Other amounts receivable | 291 | €39,879 | €39,879 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,628 | €47,460 | -€8,168 | -14.7% |
| Trade receivables | 40 | €55,628 | €47,460 | -€8,168 | -14.7% |
| Cash at bank and in hand | 54/58 | €1,292 | €2,742 | +€1,450 | +112.2% |
| Total equity and liabilities | 10/49 | €106,714 | €99,996 | -€6,718 | -6.3% |
| Equity | 10/15 | €102,532 | €98,351 | -€4,181 | -4.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €96,335 | €92,153 | -€4,181 | -4.3% |
| Distributable reserves | 133 | €96,335 | €92,153 | -€4,181 | -4.3% |
| Amounts payable | 17/49 | €4,182 | €1,645 | -€2,536 | -60.7% |
| Amounts payable within one year | 42/48 | €4,182 | €1,235 | -€2,947 | -70.5% |
| Trade debts | 44 | €187 | €1,235 | +€1,048 | +561.3% |
| Suppliers | 440/4 | €187 | €1,235 | +€1,048 | +561.3% |
| Taxes, remuneration and social security | 45 | €3,995 | €0 | -€3,995 | -100.0% |
| Taxes | 450/3 | €3,995 | €0 | -€3,995 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Other operating charges | 640/8 | €896 | €933 | +€38 | +4.2% |
| Gross operating margin | 9900 | -€3,895 | -€3,248 | +€646 | +16.6% |
| Operating profit (loss) | 9901 | -€4,790 | -€4,181 | +€609 | +12.7% |
| Financial charges | 65/66B | €0 | - | = | |
| Recurring financial charges | 65 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€4,790 | -€4,181 | +€609 | +12.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,790 | -€4,181 | +€609 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,790 | -€4,181 | +€609 | +12.7% |
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 3 October 2026 via checked.be.