FEROLI CONSULTANCY: 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.
FEROLI CONSULTANCY
Largest movements
- Cash +€158,596
up €158,596 (+362%), from €43,822 to €202,419
mainly Net result for the year (+€280,525) and Receivables within one year (+€32,400)
- Receivables after one year +€150,500
new in 2025: €150,500
- Receivables within one year -€32,400
down €32,400 (-40.4%), from €80,122 to €47,722
of which Trade receivables: -€34,053
- Reserves +€280,525
up €280,525 (+249%), from €112,762 to €393,287
- Gross operating margin +€221,638
up €221,638 (+150%), from €147,947 to €369,585
- Taxes +€56,600
up €56,600 (+180%), from €31,462 to €88,062
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.
Derived cash bridge
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 | €128,968 | €404,799 | +€275,831 | +214% |
| Fixed assets | 21/28 | €4,929 | €3,895 | -€1,035 | -21.0% |
| Tangible fixed assets | 22/27 | €4,929 | €3,895 | -€1,035 | -21.0% |
| Plant, machinery and equipment | 23 | €1,655 | €1,304 | -€351 | -21.2% |
| Furniture and vehicles | 24 | €3,274 | €2,590 | -€684 | -20.9% |
| Current assets | 29/58 | €124,038 | €400,904 | +€276,866 | +223% |
| Amounts receivable after more than one year | 29 | - | €150,500 | +€150,500 | |
| Other amounts receivable | 291 | - | €150,500 | +€150,500 | |
| Amounts receivable within one year | 40/41 | €80,122 | €47,722 | -€32,400 | -40.4% |
| Trade receivables | 40 | €78,335 | €44,282 | -€34,053 | -43.5% |
| Other amounts receivable | 41 | €1,787 | €3,440 | +€1,653 | +92.5% |
| Cash at bank and in hand | 54/58 | €43,822 | €202,419 | +€158,596 | +362% |
| Deferred charges and accrued income | 490/1 | €94 | €263 | +€169 | +180% |
| Total equity and liabilities | 10/49 | €128,968 | €404,799 | +€275,831 | +214% |
| Equity | 10/15 | €112,882 | €393,407 | +€280,525 | +249% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Reserves | 13 | €112,762 | €393,287 | +€280,525 | +249% |
| Distributable reserves | 133 | €112,762 | €393,287 | +€280,525 | +249% |
| Amounts payable | 17/49 | €16,085 | €11,391 | -€4,694 | -29.2% |
| Amounts payable within one year | 42/48 | €16,085 | €11,391 | -€4,694 | -29.2% |
| Trade debts | 44 | €2,750 | - | -€2,750 | |
| Suppliers | 440/4 | €2,750 | - | -€2,750 | |
| Taxes, remuneration and social security | 45 | €8,571 | €5,191 | -€3,380 | -39.4% |
| Taxes | 450/3 | €5,191 | €5,191 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,380 | - | -€3,380 | |
| Other amounts payable | 47/48 | €4,765 | €6,201 | +€1,435 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,570 | €1,035 | -€2,536 | -71.0% |
| Other operating charges | 640/8 | €106 | €431 | +€326 | +309% |
| Gross operating margin | 9900 | €147,947 | €369,585 | +€221,638 | +150% |
| Operating profit (loss) | 9901 | €144,271 | €368,119 | +€223,848 | +155% |
| Financial income | 75/76B | €1 | €625 | +€624 | +74,305% |
| Recurring financial income | 75 | €1 | €625 | +€624 | +74,305% |
| Financial charges | 65/66B | €48 | €157 | +€109 | +230% |
| Recurring financial charges | 65 | €48 | €157 | +€109 | +230% |
| Profit (loss) for the period before taxes | 9903 | €144,225 | €368,587 | +€224,362 | +156% |
| Income taxes | 67/77 | €31,462 | €88,062 | +€56,600 | +180% |
| Profit (loss) for the period | 9904 | €112,762 | €280,525 | +€167,763 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €112,762 | €280,525 | +€167,763 | +149% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.