FERON EXPERTISE: 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.
FERON EXPERTISE
Largest movements
- Cash -€3,584
down €3,584 (-3.9%), from €91,179 to €87,596
mainly Tax, wage and social debts (-€11,231) and Other debts (-€255)
- Tax, wage and social debts -€11,231
down €11,231 (-70.4%), from €15,962 to €4,731
- Reserves +€7,637
up €7,637 (+10.7%), from €71,535 to €79,171
- Gross operating margin +€8,397
up €8,397 (+218%), from €3,853 to €12,250
- Taxes +€2,448
up €2,448 (+214%), from €1,142 to €3,590
- Other operating charges -€191
down €191 (-16.7%), from €1,144 to €953
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 | €91,753 | €87,905 | -€3,849 | -4.2% |
| Current assets | 29/58 | €91,753 | €87,905 | -€3,849 | -4.2% |
| Amounts receivable within one year | 40/41 | €574 | €309 | -€265 | -46.2% |
| Other amounts receivable | 41 | €574 | €309 | -€265 | -46.2% |
| Cash at bank and in hand | 54/58 | €91,179 | €87,596 | -€3,584 | -3.9% |
| Total equity and liabilities | 10/49 | €91,753 | €87,905 | -€3,849 | -4.2% |
| Equity | 10/15 | €75,535 | €83,171 | +€7,637 | +10.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €71,535 | €79,171 | +€7,637 | +10.7% |
| Distributable reserves | 133 | €71,535 | €79,171 | +€7,637 | +10.7% |
| Amounts payable | 17/49 | €16,219 | €4,733 | -€11,485 | -70.8% |
| Amounts payable within one year | 42/48 | €16,219 | €4,733 | -€11,485 | -70.8% |
| Taxes, remuneration and social security | 45 | €15,962 | €4,731 | -€11,231 | -70.4% |
| Taxes | 450/3 | €15,962 | €4,731 | -€11,231 | -70.4% |
| Other amounts payable | 47/48 | €257 | €2 | -€255 | -99.2% |
| Other operating charges | 640/8 | €1,144 | €953 | -€191 | -16.7% |
| Gross operating margin | 9900 | €3,853 | €12,250 | +€8,397 | +218% |
| Operating profit (loss) | 9901 | €2,710 | €11,297 | +€8,587 | +317% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €2,641 | €11,227 | +€8,586 | +325% |
| Income taxes | 67/77 | €1,142 | €3,590 | +€2,448 | +214% |
| Profit (loss) for the period | 9904 | €1,499 | €7,637 | +€6,138 | +409% |
| Profit (loss) for the period to be appropriated | 9905 | €1,499 | €7,637 | +€6,138 | +409% |
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 14 October 2026 via checked.be.