Ferodex: 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.
Ferodex
Largest movements
- Receivables within one year -€2.4m
down €2.4m (-97.4%), from €2.5m to €64,092
of which Other amounts receivable: -€2.4m
- Financial fixed assets +€1.9m
up €1.9m (+389.1%), from €491,446 to €2.4m
- Cash +€234,447
up €234,447 (+11573.6%), from €2,026 to €236,473
mainly Receivables within one year (+€2.4m) and Net result for the year (+€1.6m)
- Stocks and contracts -€98,787
down €98,787 (-14.5%), from €679,085 to €580,297
- Other debts -€850,000
down €850,000 (-34.7%), from €2.5m to €1.6m
- Tax, wage and social debts +€377,788
up €377,788 (+44.5%), from €848,198 to €1.2m
- Short-term financial debts +€100,000
new in 2024: €100,000
- Financial income -€28,922
down €28,922 (-34.1%), from €84,875 to €55,953
- Gross operating margin -€28,179
down €28,179 (-1.3%), from €2.3m to €2.2m
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.
Cash bridge derived
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 | €3,648,928 | €3,284,412 | -€364,516 | -10.0% |
| Fixed assets | 21/28 | €491,446 | €2,403,479 | +€1.9m | +389.1% |
| Financial fixed assets | 28 | €491,446 | €2,403,479 | +€1.9m | +389.1% |
| Current assets | 29/58 | €3,157,482 | €880,933 | -€2.3m | -72.1% |
| Stocks and contracts in progress | 3 | €679,085 | €580,297 | -€98,787 | -14.5% |
| Stocks | 30/36 | €679,085 | €580,297 | -€98,787 | -14.5% |
| Amounts receivable within one year | 40/41 | €2,469,144 | €64,092 | -€2.4m | -97.4% |
| Trade receivables | 40 | €0 | €22,553 | +€22,553 | |
| Other amounts receivable | 41 | €2,469,144 | €41,540 | -€2.4m | -98.3% |
| Cash at bank and in hand | 54/58 | €2,026 | €236,473 | +€234,447 | +11573.6% |
| Deferred charges and accrued income | 490/1 | €7,227 | €71 | -€7,156 | -99.0% |
| Total equity and liabilities | 10/49 | €3,648,928 | €3,284,412 | -€364,516 | -10.0% |
| Equity | 10/15 | €308,205 | €341,571 | +€33,366 | +10.8% |
| Contributions | 10/11 | €241,696 | €241,696 | = | 0.0% |
| Reserves | 13 | €59,318 | €59,318 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,170 | €0 | -€24,170 | -100.0% |
| Reserves not available under the articles | 1311 | €24,170 | €0 | -€24,170 | -100.0% |
| Distributable reserves | 133 | €35,148 | €59,318 | +€24,170 | +68.8% |
| Profit (loss) carried forward | 14 | €7,192 | €40,557 | +€33,366 | +464.0% |
| Amounts payable | 17/49 | €3,340,722 | €2,942,841 | -€397,881 | -11.9% |
| Amounts payable within one year | 42/48 | €3,340,722 | €2,942,238 | -€398,484 | -11.9% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €42,524 | €16,252 | -€26,272 | -61.8% |
| Suppliers | 440/4 | €42,524 | €16,252 | -€26,272 | -61.8% |
| Taxes, remuneration and social security | 45 | €848,198 | €1,225,986 | +€377,788 | +44.5% |
| Taxes | 450/3 | €848,198 | €1,225,986 | +€377,788 | +44.5% |
| Other amounts payable | 47/48 | €2,450,000 | €1,600,000 | -€850,000 | -34.7% |
| Accrued charges and deferred income | 492/3 | €0 | €603 | +€603 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,000 | €0 | -€5,000 | -100.0% |
| Other operating charges | 640/8 | €28,699 | €15,148 | -€13,552 | -47.2% |
| Non-recurring operating charges | 66A | - | €4,062 | +€4,062 | |
| Gross operating margin | 9900 | €2,251,889 | €2,223,710 | -€28,179 | -1.3% |
| Operating profit (loss) | 9901 | €2,218,190 | €2,204,500 | -€13,690 | -0.6% |
| Financial income | 75/76B | €84,875 | €55,953 | -€28,922 | -34.1% |
| Recurring financial income | 75 | €84,875 | €55,953 | -€28,922 | -34.1% |
| Financial charges | 65/66B | €1,704 | €15,277 | +€13,573 | +796.3% |
| Recurring financial charges | 65 | €1,704 | €15,277 | +€13,573 | +796.3% |
| Profit (loss) for the period before taxes | 9903 | €2,301,360 | €2,245,176 | -€56,184 | -2.4% |
| Income taxes | 67/77 | €614,176 | €611,810 | -€2,365 | -0.4% |
| Profit (loss) for the period | 9904 | €1,687,185 | €1,633,366 | -€53,819 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,687,185 | €1,633,366 | -€53,819 | -3.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.