FERRARIVA: 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.
FERRARIVA
Largest movements
- Receivables within one year +€63,968
up €63,968 (+12,934%), from €495 to €64,462
of which Trade receivables: +€58,260
- Tangible fixed assets +€1,563
up €1,563 (+522%), from €299 to €1,863
- Cash +€1,386
up €1,386 (+21,692%), from €6 to €1,393
mainly Trade debts (+€72,047) and Other debts (+€20,607)
- Trade debts +€72,047
new in 2025: €72,047
- Profit (loss) carried forward -€26,016
down €26,016 (-1,334%), from -€1,950 to -€27,966
- Other debts +€20,607
new in 2025: €20,607
- Gross operating margin -€23,646
down €23,646 (-37,063%), from -€64 to -€23,710
- Other operating charges +€1,357
up €1,357 (+1,349%), from €101 to €1,458
- Depreciation -€355
down €355 (-44.8%), from €791 to €437
- Staff costs +€280
new in 2025: €280
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 | €1,050 | €67,967 | +€66,917 | +6,371% |
| Fixed assets | 21/28 | €549 | €2,113 | +€1,563 | +285% |
| Tangible fixed assets | 22/27 | €299 | €1,863 | +€1,563 | +522% |
| Furniture and vehicles | 24 | €299 | €1,863 | +€1,563 | +522% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €501 | €65,855 | +€65,354 | +13,046% |
| Amounts receivable within one year | 40/41 | €495 | €64,462 | +€63,968 | +12,934% |
| Trade receivables | 40 | - | €58,260 | +€58,260 | |
| Other amounts receivable | 41 | €495 | €6,202 | +€5,707 | +1,154% |
| Cash at bank and in hand | 54/58 | €6 | €1,393 | +€1,386 | +21,692% |
| Total equity and liabilities | 10/49 | €1,050 | €67,967 | +€66,917 | +6,371% |
| Equity | 10/15 | €1,050 | -€24,966 | -€26,016 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,950 | -€27,966 | -€26,016 | -1,334% |
| Amounts payable | 17/49 | - | €92,933 | +€92,933 | |
| Amounts payable within one year | 42/48 | - | €92,933 | +€92,933 | |
| Trade debts | 44 | - | €72,047 | +€72,047 | |
| Suppliers | 440/4 | - | €72,047 | +€72,047 | |
| Taxes, remuneration and social security | 45 | - | €280 | +€280 | |
| Remuneration and social security | 454/9 | - | €280 | +€280 | |
| Other amounts payable | 47/48 | - | €20,607 | +€20,607 | |
| Remuneration, social security and pensions | 62 | - | €280 | +€280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €791 | €437 | -€355 | -44.8% |
| Other operating charges | 640/8 | €101 | €1,458 | +€1,357 | +1,349% |
| Gross operating margin | 9900 | -€64 | -€23,710 | -€23,646 | -37,063% |
| Operating profit (loss) | 9901 | -€956 | -€25,885 | -€24,929 | -2,608% |
| Financial charges | 65/66B | €91 | €132 | +€41 | +45.5% |
| Recurring financial charges | 65 | €91 | €132 | +€41 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,047 | -€26,016 | -€24,970 | -2,386% |
| Profit (loss) for the period | 9904 | -€1,047 | -€26,016 | -€24,970 | -2,386% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,047 | -€26,016 | -€24,970 | -2,386% |
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 24 October 2026 via checked.be.