Ferotact: 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.
Ferotact
Largest movements
- Tangible fixed assets +€40,676
up €40,676 (+6.6%), from €613,280 to €653,955
of which Land and buildings: +€58,406
- Cash -€27,294
down €27,294 (-66.4%), from €41,108 to €13,814
mainly Investment in fixed assets (net) (-€74,924) and Debts after one year (-€46,652)
- Other debts +€73,106
up €73,106 (+51.8%), from €141,204 to €214,310
- Debts after one year -€46,652
down €46,652 (-13.4%), from €348,604 to €301,953
- Current portion of long-term debt -€8,264
down €8,264 (-19.5%), from €42,359 to €34,095
- Gross operating margin -€13,607
down €13,607 (-18.1%), from €75,311 to €61,704
- Depreciation -€5,754
down €5,754 (-14.4%), from €40,003 to €34,248
- Financial charges +€2,157
up €2,157 (+9.9%), from €21,758 to €23,916
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 | €656,911 | €671,672 | +€14,761 | +2.2% |
| Fixed assets | 21/28 | €613,280 | €653,955 | +€40,676 | +6.6% |
| Tangible fixed assets | 22/27 | €613,280 | €653,955 | +€40,676 | +6.6% |
| Land and buildings | 22 | €582,242 | €640,648 | +€58,406 | +10.0% |
| Plant, machinery and equipment | 23 | €5,925 | €4,936 | -€988 | -16.7% |
| Leasing and similar rights | 25 | €25,113 | €8,371 | -€16,742 | -66.7% |
| Current assets | 29/58 | €43,632 | €17,717 | -€25,915 | -59.4% |
| Amounts receivable within one year | 40/41 | - | €1,692 | +€1,692 | |
| Other amounts receivable | 41 | - | €1,692 | +€1,692 | |
| Cash at bank and in hand | 54/58 | €41,108 | €13,814 | -€27,294 | -66.4% |
| Deferred charges and accrued income | 490/1 | €2,524 | €2,211 | -€313 | -12.4% |
| Total equity and liabilities | 10/49 | €656,911 | €671,672 | +€14,761 | +2.2% |
| Equity | 10/15 | €100,055 | €100,148 | +€93 | +0.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55 | €148 | +€93 | +169% |
| Amounts payable | 17/49 | €556,856 | €571,524 | +€14,668 | +2.6% |
| Amounts payable after more than one year | 17 | €348,604 | €301,953 | -€46,652 | -13.4% |
| Financial debts | 170/4 | €348,604 | €301,953 | -€46,652 | -13.4% |
| Amounts payable within one year | 42/48 | €200,232 | €262,460 | +€62,227 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | €42,359 | €34,095 | -€8,264 | -19.5% |
| Trade debts | 44 | €1,156 | €321 | -€835 | -72.2% |
| Suppliers | 440/4 | €1,156 | €321 | -€835 | -72.2% |
| Taxes, remuneration and social security | 45 | €15,513 | €13,734 | -€1,780 | -11.5% |
| Taxes | 450/3 | €15,513 | €13,734 | -€1,780 | -11.5% |
| Other amounts payable | 47/48 | €141,204 | €214,310 | +€73,106 | +51.8% |
| Accrued charges and deferred income | 492/3 | €8,020 | €7,112 | -€908 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,003 | €34,248 | -€5,754 | -14.4% |
| Other operating charges | 640/8 | €3,268 | €3,210 | -€58 | -1.8% |
| Gross operating margin | 9900 | €75,311 | €61,704 | -€13,607 | -18.1% |
| Operating profit (loss) | 9901 | €32,040 | €24,246 | -€7,794 | -24.3% |
| Financial income | 75/76B | €0 | €70 | +€70 | +703,700% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Non-recurring financial income | 76B | - | €70 | +€70 | |
| Financial charges | 65/66B | €21,758 | €23,916 | +€2,157 | +9.9% |
| Recurring financial charges | 65 | €21,758 | €23,916 | +€2,157 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €10,282 | €401 | -€9,881 | -96.1% |
| Income taxes | 67/77 | €565 | €308 | -€257 | -45.5% |
| Profit (loss) for the period | 9904 | €9,717 | €93 | -€9,624 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,717 | €93 | -€9,624 | -99.0% |
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 20 October 2026 via checked.be.