FEROX SYSTEMS: 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.
FEROX SYSTEMS
Largest movements
- Current investments +€31,500
up €31,500 (+63.6%), from €49,500 to €81,000
- Cash +€17,593
up €17,593 (+62.0%), from €28,377 to €45,970
mainly Other debts (+€98,100) and Net result for the year (+€54,340)
- Receivables within one year +€10,038
up €10,038 (+53.4%), from €18,810 to €28,848
of which Trade receivables: +€5,350
- Tangible fixed assets -€4,316
down €4,316 (-20.1%), from €21,511 to €17,195
of which Furniture and vehicles: -€2,695
- Other debts +€98,100
new in 2025: €98,100
- Reserves -€44,100
down €44,100 (-27.7%), from €159,400 to €115,300
- Gross operating margin +€6,562
up €6,562 (+10.4%), from €63,147 to €69,709
- Taxes -€3,004
down €3,004 (-17.8%), from €16,849 to €13,846
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.
Cash bridge derived
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 | €174,480 | €229,282 | +€54,801 | +31.4% |
| Fixed assets | 21/28 | €21,511 | €17,195 | -€4,316 | -20.1% |
| Tangible fixed assets | 22/27 | €21,511 | €17,195 | -€4,316 | -20.1% |
| Plant, machinery and equipment | 23 | €13,952 | €12,331 | -€1,621 | -11.6% |
| Furniture and vehicles | 24 | €7,559 | €4,864 | -€2,695 | -35.7% |
| Current assets | 29/58 | €152,969 | €212,086 | +€59,118 | +38.6% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,810 | €28,848 | +€10,038 | +53.4% |
| Trade receivables | 40 | €14,938 | €20,288 | +€5,350 | +35.8% |
| Other amounts receivable | 41 | €3,873 | €8,560 | +€4,688 | +121.0% |
| Current investments | 50/53 | €49,500 | €81,000 | +€31,500 | +63.6% |
| Cash at bank and in hand | 54/58 | €28,377 | €45,970 | +€17,593 | +62.0% |
| Deferred charges and accrued income | 490/1 | €6,281 | €6,268 | -€13 | -0.2% |
| Total equity and liabilities | 10/49 | €174,480 | €229,282 | +€54,801 | +31.4% |
| Equity | 10/15 | €164,668 | €120,907 | -€43,760 | -26.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €159,400 | €115,300 | -€44,100 | -27.7% |
| Distributable reserves | 133 | €159,400 | €115,300 | -€44,100 | -27.7% |
| Profit (loss) carried forward | 14 | €268 | €607 | +€340 | +126.9% |
| Amounts payable | 17/49 | €9,813 | €108,374 | +€98,562 | +1004.4% |
| Amounts payable within one year | 42/48 | €9,663 | €107,896 | +€98,233 | +1016.6% |
| Trade debts | 44 | €1,186 | €1,106 | -€80 | -6.7% |
| Suppliers | 440/4 | €1,186 | €1,106 | -€80 | -6.7% |
| Taxes, remuneration and social security | 45 | €8,477 | €8,689 | +€213 | +2.5% |
| Taxes | 450/3 | €8,477 | €8,689 | +€213 | +2.5% |
| Other amounts payable | 47/48 | - | €98,100 | +€98,100 | |
| Accrued charges and deferred income | 492/3 | €150 | €479 | +€329 | +219.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,601 | €4,316 | -€284 | -6.2% |
| Other operating charges | 640/8 | €1,088 | €857 | -€231 | -21.3% |
| Gross operating margin | 9900 | €63,147 | €69,709 | +€6,562 | +10.4% |
| Operating profit (loss) | 9901 | €57,458 | €64,536 | +€7,078 | +12.3% |
| Financial income | 75/76B | €3,035 | €3,705 | +€670 | +22.1% |
| Recurring financial income | 75 | €3,035 | €3,705 | +€670 | +22.1% |
| Financial charges | 65/66B | €55 | €55 | +€1 | +1.6% |
| Recurring financial charges | 65 | €55 | €55 | +€1 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €60,439 | €68,185 | +€7,746 | +12.8% |
| Income taxes | 67/77 | €16,849 | €13,846 | -€3,004 | -17.8% |
| Profit (loss) for the period | 9904 | €43,590 | €54,340 | +€10,750 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,590 | €54,340 | +€10,750 | +24.7% |
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 9 October 2026 via checked.be.