FEROKILL: 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.
FEROKILL
Largest movements
- Tangible fixed assets +€264,831
up €264,831 (+115.6%), from €229,094 to €493,925
of which Furniture and vehicles: +€163,670
- Cash +€110,650
up €110,650 (+36.6%), from €302,707 to €413,358
mainly Net result for the year (+€264,167) and Other debts (+€192,395)
- Receivables within one year +€69,415
up €69,415 (+14.7%), from €472,657 to €542,071
of which Other amounts receivable: +€41,111
- Stocks and contracts -€23,335
down €23,335 (-18.6%), from €125,407 to €102,072
- Other debts +€192,395
new in 2024: €192,395
- Profit (loss) carried forward +€74,167
up €74,167 (+14.7%), from -€505,213 to -€431,046
- Current portion of long-term debt +€38,964
up €38,964 (+65.8%), from €59,202 to €98,166
- Tax, wage and social debts +€35,759
up €35,759 (+11.5%), from €311,933 to €347,692
of which Remuneration and social security: +€100,891
- Accrued charges and deferred income +€34,809
up €34,809 (+22.4%), from €155,688 to €190,497
- Gross operating margin +€515,082
up €515,082 (+36.0%), from €1.4m to €1.9m
- Staff costs +€365,396
up €365,396 (+32.6%), from €1.1m to €1.5m
- Depreciation +€51,315
up €51,315 (+132.1%), from €38,855 to €90,170
- Taxes +€44,570
up €44,570 (+1243.9%), from €3,583 to €48,154
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 | €1,166,285 | €1,584,203 | +€417,918 | +35.8% |
| Fixed assets | 21/28 | €245,659 | €507,047 | +€261,388 | +106.4% |
| Intangible fixed assets | 21 | €12,166 | €8,983 | -€3,182 | -26.2% |
| Tangible fixed assets | 22/27 | €229,094 | €493,925 | +€264,831 | +115.6% |
| Plant, machinery and equipment | 23 | €1,158 | €918 | -€240 | -20.7% |
| Furniture and vehicles | 24 | €86,934 | €250,604 | +€163,670 | +188.3% |
| Leasing and similar rights | 25 | €141,002 | €242,403 | +€101,401 | +71.9% |
| Financial fixed assets | 28 | €4,400 | €4,139 | -€261 | -5.9% |
| Current assets | 29/58 | €920,626 | €1,077,156 | +€156,530 | +17.0% |
| Stocks and contracts in progress | 3 | €125,407 | €102,072 | -€23,335 | -18.6% |
| Stocks | 30/36 | €125,407 | €102,072 | -€23,335 | -18.6% |
| Amounts receivable within one year | 40/41 | €472,657 | €542,071 | +€69,415 | +14.7% |
| Trade receivables | 40 | €376,711 | €405,015 | +€28,304 | +7.5% |
| Other amounts receivable | 41 | €95,946 | €137,057 | +€41,111 | +42.8% |
| Cash at bank and in hand | 54/58 | €302,707 | €413,358 | +€110,650 | +36.6% |
| Deferred charges and accrued income | 490/1 | €19,855 | €19,655 | -€200 | -1.0% |
| Total equity and liabilities | 10/49 | €1,166,285 | €1,584,203 | +€417,918 | +35.8% |
| Equity | 10/15 | €399,787 | €473,954 | +€74,167 | +18.6% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€505,213 | -€431,046 | +€74,167 | +14.7% |
| Amounts payable | 17/49 | €766,498 | €1,110,249 | +€343,751 | +44.8% |
| Amounts payable after more than one year | 17 | €136,517 | €166,626 | +€30,109 | +22.1% |
| Financial debts | 170/4 | €136,517 | €166,626 | +€30,109 | +22.1% |
| Amounts payable within one year | 42/48 | €474,292 | €753,125 | +€278,833 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €59,202 | €98,166 | +€38,964 | +65.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €103,158 | €114,872 | +€11,714 | +11.4% |
| Suppliers | 440/4 | €103,158 | €114,872 | +€11,714 | +11.4% |
| Taxes, remuneration and social security | 45 | €311,933 | €347,692 | +€35,759 | +11.5% |
| Taxes | 450/3 | €115,759 | €50,627 | -€65,132 | -56.3% |
| Remuneration and social security | 454/9 | €196,174 | €297,065 | +€100,891 | +51.4% |
| Other amounts payable | 47/48 | - | €192,395 | +€192,395 | |
| Accrued charges and deferred income | 492/3 | €155,688 | €190,497 | +€34,809 | +22.4% |
| Non-recurring operating income | 76A | €0 | €7,636 | +€7,636 | |
| Remuneration, social security and pensions | 62 | €1,122,041 | €1,487,437 | +€365,396 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,855 | €90,170 | +€51,315 | +132.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €203 | €14,738 | +€14,535 | +7174.7% |
| Other operating charges | 640/8 | €15,078 | €27,844 | +€12,767 | +84.7% |
| Non-recurring operating charges | 66A | €1,987 | €550 | -€1,436 | -72.3% |
| Gross operating margin | 9900 | €1,432,029 | €1,947,112 | +€515,082 | +36.0% |
| Operating profit (loss) | 9901 | €253,867 | €326,372 | +€72,505 | +28.6% |
| Financial income | 75/76B | €3,472 | €7,888 | +€4,416 | +127.2% |
| Recurring financial income | 75 | €3,472 | €7,888 | +€4,416 | +127.2% |
| Financial charges | 65/66B | €16,646 | €21,939 | +€5,293 | +31.8% |
| Recurring financial charges | 65 | €16,646 | €21,939 | +€5,293 | +31.8% |
| Profit (loss) for the period before taxes | 9903 | €240,693 | €312,321 | +€71,628 | +29.8% |
| Income taxes | 67/77 | €3,583 | €48,154 | +€44,570 | +1243.9% |
| Profit (loss) for the period | 9904 | €237,109 | €264,167 | +€27,058 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €237,109 | €264,167 | +€27,058 | +11.4% |
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 3 October 2026 via checked.be.