FERRIA: 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.
FERRIA
Largest movements
- Tangible fixed assets +€45,264
up €45,264 (+220%), from €20,559 to €65,823
of which Leasing and similar rights: +€49,122
- Cash -€8,188
down €8,188 (-52.0%), from €15,746 to €7,558
mainly Investment in fixed assets (net) (-€56,512) and Deferred charges and accrued income (-€1,811)
- Deferred charges and accrued income +€1,811
new in 2025: €1,811
- Debts after one year +€30,161
new in 2025: €30,161
- Current portion of long-term debt +€8,231
new in 2025: €8,231
- Profit (loss) carried forward +€873
up €873 (+29.9%), from €2,915 to €3,787
- Gross operating margin -€8,164
down €8,164 (-35.7%), from €22,888 to €14,724
- Depreciation +€6,316
up €6,316 (+128%), from €4,932 to €11,247
- Other operating charges -€1,877
down €1,877 (-67.3%), from €2,789 to €912
- Financial charges +€1,068
up €1,068 (+1,380%), from €77 to €1,145
- Taxes -€582
down €582 (-52.1%), from €1,118 to €536
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 | €36,364 | €75,983 | +€39,619 | +109% |
| Fixed assets | 21/28 | €20,559 | €65,823 | +€45,264 | +220% |
| Tangible fixed assets | 22/27 | €20,559 | €65,823 | +€45,264 | +220% |
| Plant, machinery and equipment | 23 | €17,577 | €15,233 | -€2,344 | -13.3% |
| Furniture and vehicles | 24 | €2,982 | €1,468 | -€1,514 | -50.8% |
| Leasing and similar rights | 25 | - | €49,122 | +€49,122 | |
| Current assets | 29/58 | €15,805 | €10,160 | -€5,645 | -35.7% |
| Amounts receivable within one year | 40/41 | €59 | €791 | +€732 | +1,243% |
| Trade receivables | 40 | - | €510 | +€510 | |
| Other amounts receivable | 41 | €59 | €281 | +€222 | +377% |
| Cash at bank and in hand | 54/58 | €15,746 | €7,558 | -€8,188 | -52.0% |
| Deferred charges and accrued income | 490/1 | - | €1,811 | +€1,811 | |
| Total equity and liabilities | 10/49 | €36,364 | €75,983 | +€39,619 | +109% |
| Equity | 10/15 | €30,192 | €31,110 | +€919 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,677 | €8,723 | +€46 | +0.5% |
| Non-distributable reserves | 130/1 | €1,332 | €1,378 | +€46 | +3.4% |
| Reserves not available under the articles | 1311 | €1,332 | €1,378 | +€46 | +3.4% |
| Distributable reserves | 133 | €7,346 | €7,346 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,915 | €3,787 | +€873 | +29.9% |
| Amounts payable | 17/49 | €6,172 | €44,872 | +€38,700 | +627% |
| Amounts payable after more than one year | 17 | - | €30,161 | +€30,161 | |
| Financial debts | 170/4 | - | €30,161 | +€30,161 | |
| Amounts payable within one year | 42/48 | €5,506 | €13,644 | +€8,138 | +148% |
| Current portion of amounts payable after more than one year | 42 | - | €8,231 | +€8,231 | |
| Trade debts | 44 | €3,860 | €3,630 | -€230 | -6.0% |
| Suppliers | 440/4 | €3,860 | €3,630 | -€230 | -6.0% |
| Taxes, remuneration and social security | 45 | €1,267 | €1,667 | +€401 | +31.6% |
| Taxes | 450/3 | €1,267 | €1,667 | +€401 | +31.6% |
| Other amounts payable | 47/48 | €380 | €117 | -€263 | -69.3% |
| Accrued charges and deferred income | 492/3 | €666 | €1,067 | +€401 | +60.3% |
| Non-recurring operating income | 76A | - | €8,667 | +€8,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,932 | €11,247 | +€6,316 | +128% |
| Other operating charges | 640/8 | €2,789 | €912 | -€1,877 | -67.3% |
| Gross operating margin | 9900 | €22,888 | €14,724 | -€8,164 | -35.7% |
| Operating profit (loss) | 9901 | €15,168 | €2,565 | -€12,603 | -83.1% |
| Financial income | 75/76B | €30 | €34 | +€4 | +13.9% |
| Recurring financial income | 75 | €30 | €34 | +€4 | +13.9% |
| Financial charges | 65/66B | €77 | €1,145 | +€1,068 | +1,380% |
| Recurring financial charges | 65 | €77 | €1,145 | +€1,068 | +1,380% |
| Profit (loss) for the period before taxes | 9903 | €15,121 | €1,454 | -€13,666 | -90.4% |
| Income taxes | 67/77 | €1,118 | €536 | -€582 | -52.1% |
| Profit (loss) for the period | 9904 | €14,003 | €919 | -€13,084 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,003 | €919 | -€13,084 | -93.4% |
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 18 October 2026 via checked.be.