FERRAWAL: what changed
Two fiscal 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.
FERRAWAL
Largest movements
- Receivables within one year +€23,700
up €23,700 (+272.1%), from €8,710 to €32,410
of which Trade receivables: +€26,316
- Tangible fixed assets +€12,291
new in 2023: €12,291
- Cash +€3,848
up €3,848 (+3357.8%), from €115 to €3,963
mainly Other debts (+€76,131) and Trade debts (+€370)
- Other debts +€76,131
up €76,131 (+169.9%), from €44,818 to €120,949
- Profit (loss) carried forward -€36,661
down €36,661 (-66.8%), from -€54,878 to -€91,539
- Purchases and services +€18,480
up €18,480 (+46.7%), from €39,538 to €58,018
- Turnover +€11,063
up €11,063 (+103.5%), from €10,685 to €21,748
- Gross operating margin -€7,421
down €7,421 (-25.7%), from -€28,853 to -€36,274
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,824 | €48,664 | +€39,840 | +451.5% |
| Fixed assets | 21/28 | - | €12,291 | +€12,291 | |
| Tangible fixed assets | 22/27 | - | €12,291 | +€12,291 | |
| Furniture and vehicles | 24 | - | €12,291 | +€12,291 | |
| Current assets | 29/58 | €8,824 | €36,373 | +€27,549 | +312.2% |
| Amounts receivable within one year | 40/41 | €8,710 | €32,410 | +€23,700 | +272.1% |
| Trade receivables | 40 | €2,605 | €28,921 | +€26,316 | +1010.2% |
| Other amounts receivable | 41 | €6,105 | €3,489 | -€2,616 | -42.8% |
| Cash at bank and in hand | 54/58 | €115 | €3,963 | +€3,848 | +3357.8% |
| Total equity and liabilities | 10/49 | €8,824 | €48,664 | +€39,840 | +451.5% |
| Equity | 10/15 | -€35,994 | -€72,655 | -€36,661 | -101.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €284 | €284 | -€0 | -0.2% |
| Non-distributable reserves | 130/1 | €284 | €284 | -€0 | -0.2% |
| Legal reserve | 130 | €284 | €284 | -€0 | -0.2% |
| Profit (loss) carried forward | 14 | -€54,878 | -€91,539 | -€36,661 | -66.8% |
| Amounts payable | 17/49 | €44,818 | €121,319 | +€76,501 | +170.7% |
| Amounts payable within one year | 42/48 | €44,818 | €121,319 | +€76,501 | +170.7% |
| Trade debts | 44 | - | €370 | +€370 | |
| Suppliers | 440/4 | - | €370 | +€370 | |
| Other amounts payable | 47/48 | €44,818 | €120,949 | +€76,131 | +169.9% |
| Turnover | 70 | €10,685 | €21,748 | +€11,063 | +103.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,538 | €58,018 | +€18,480 | +46.7% |
| Gross operating margin | 9900 | -€28,853 | -€36,274 | -€7,421 | -25.7% |
| Operating profit (loss) | 9901 | -€28,853 | -€36,274 | -€7,421 | -25.7% |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €99 | €437 | +€338 | +341.4% |
| Recurring financial charges | 65 | €99 | €437 | +€338 | +341.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,952 | -€36,661 | -€7,709 | -26.6% |
| Profit (loss) for the period | 9904 | -€28,952 | -€36,661 | -€7,709 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,952 | -€36,661 | -€7,709 | -26.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.