FERROCONSULT: 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.
FERROCONSULT
Largest movements
- Tangible fixed assets -€17,957
down €17,957 (-7.1%), from €253,368 to €235,411
of which Land and buildings: -€16,677
- Cash +€10,496
up €10,496 (+224.3%), from €4,680 to €15,176
mainly Depreciation (+€21,843) and Tax, wage and social debts (+€3,201)
- Reserves -€6,200
down €6,200 (-3.7%), from €168,200 to €162,000
- Other debts -€4,656
down €4,656 (-5.4%), from €86,092 to €81,435
- Tax, wage and social debts +€3,201
new in 2025: €3,201
- Gross operating margin +€5,131
up €5,131 (+29.0%), from €17,718 to €22,849
- Depreciation +€672
up €672 (+3.2%), from €21,171 to €21,843
- Other operating charges +€265
up €265 (+10.6%), from €2,497 to €2,762
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 | €266,110 | €257,280 | -€8,829 | -3.3% |
| Fixed assets | 21/28 | €253,368 | €235,411 | -€17,957 | -7.1% |
| Tangible fixed assets | 22/27 | €253,368 | €235,411 | -€17,957 | -7.1% |
| Land and buildings | 22 | €225,075 | €208,397 | -€16,677 | -7.4% |
| Plant, machinery and equipment | 23 | €21,441 | €21,721 | +€280 | +1.3% |
| Furniture and vehicles | 24 | €6,852 | €5,293 | -€1,560 | -22.8% |
| Current assets | 29/58 | €12,741 | €21,869 | +€9,128 | +71.6% |
| Stocks and contracts in progress | 3 | €880 | - | -€880 | |
| Contracts in progress | 37 | €880 | - | -€880 | |
| Amounts receivable within one year | 40/41 | €7,181 | €6,492 | -€689 | -9.6% |
| Trade receivables | 40 | €4,380 | €6,492 | +€2,113 | +48.2% |
| Other amounts receivable | 41 | €2,802 | - | -€2,802 | |
| Cash at bank and in hand | 54/58 | €4,680 | €15,176 | +€10,496 | +224.3% |
| Deferred charges and accrued income | 490/1 | - | €202 | +€202 | |
| Total equity and liabilities | 10/49 | €266,110 | €257,280 | -€8,829 | -3.3% |
| Equity | 10/15 | €180,018 | €171,922 | -€8,096 | -4.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €168,200 | €162,000 | -€6,200 | -3.7% |
| Distributable reserves | 133 | €168,200 | €162,000 | -€6,200 | -3.7% |
| Profit (loss) carried forward | 14 | -€50,182 | -€52,078 | -€1,896 | -3.8% |
| Amounts payable | 17/49 | €86,092 | €85,358 | -€733 | -0.9% |
| Amounts payable within one year | 42/48 | €86,092 | €85,358 | -€733 | -0.9% |
| Trade debts | 44 | - | €722 | +€722 | |
| Suppliers | 440/4 | - | €722 | +€722 | |
| Taxes, remuneration and social security | 45 | - | €3,201 | +€3,201 | |
| Taxes | 450/3 | - | €3,201 | +€3,201 | |
| Other amounts payable | 47/48 | €86,092 | €81,435 | -€4,656 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,171 | €21,843 | +€672 | +3.2% |
| Other operating charges | 640/8 | €2,497 | €2,762 | +€265 | +10.6% |
| Gross operating margin | 9900 | €17,718 | €22,849 | +€5,131 | +29.0% |
| Operating profit (loss) | 9901 | -€5,950 | -€1,756 | +€4,194 | +70.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €235 | €140 | -€95 | -40.5% |
| Recurring financial charges | 65 | €235 | €140 | -€95 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,185 | -€1,896 | +€4,290 | +69.4% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€6,185 | -€1,896 | +€4,290 | +69.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,185 | -€1,896 | +€4,290 | +69.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.