Ferrowood Design: 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.
Ferrowood Design
Largest movements
- Receivables within one year +€22,573
up €22,573 (+26.5%), from €85,193 to €107,766
of which Trade receivables: +€20,657
- Financial fixed assets -€3,184
down €3,184 (-87.0%), from €3,660 to €476
- Intangible fixed assets -€2,500
down €2,500 (-33.3%), from €7,500 to €5,000
- Stocks and contracts -€2,168
down €2,168 (-40.4%), from €5,373 to €3,205
- Reserves +€12,707
up €12,707 (+20.8%), from €61,217 to €73,924
of which Distributable reserves: +€12,707
- Trade debts +€8,861
up €8,861 (+123.3%), from €7,188 to €16,049
- Tax, wage and social debts -€8,231
down €8,231 (-72.0%), from €11,433 to €3,202
of which Taxes: -€8,154
- Accrued charges and deferred income +€1,920
up €1,920 (+20.0%), from €9,600 to €11,520
- Gross operating margin +€25,110
up €25,110, from -€9,060 to €16,050
- Other operating charges +€727
up €727 (+65.6%), from €1,109 to €1,836
- Financial income +€449
up €449 (+8.5%), from €5,304 to €5,753
- Financial charges -€231
down €231 (-15.6%), from €1,483 to €1,252
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,243 | €125,447 | +€14,204 | +12.8% |
| Fixed assets | 21/28 | €15,762 | €9,403 | -€6,359 | -40.3% |
| Intangible fixed assets | 21 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Tangible fixed assets | 22/27 | €4,602 | €3,926 | -€675 | -14.7% |
| Plant, machinery and equipment | 23 | €809 | €1,375 | +€566 | +70.0% |
| Furniture and vehicles | 24 | €3,793 | €2,552 | -€1,241 | -32.7% |
| Financial fixed assets | 28 | €3,660 | €476 | -€3,184 | -87.0% |
| Current assets | 29/58 | €95,482 | €116,045 | +€20,563 | +21.5% |
| Stocks and contracts in progress | 3 | €5,373 | €3,205 | -€2,168 | -40.4% |
| Stocks | 30/36 | €5,373 | €3,205 | -€2,168 | -40.4% |
| Amounts receivable within one year | 40/41 | €85,193 | €107,766 | +€22,573 | +26.5% |
| Trade receivables | 40 | €8,033 | €28,690 | +€20,657 | +257.2% |
| Other amounts receivable | 41 | €77,160 | €79,076 | +€1,916 | +2.5% |
| Deferred charges and accrued income | 490/1 | €4,916 | €5,073 | +€158 | +3.2% |
| Total equity and liabilities | 10/49 | €111,243 | €125,447 | +€14,204 | +12.8% |
| Equity | 10/15 | €73,617 | €86,324 | +€12,707 | +17.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €61,217 | €73,924 | +€12,707 | +20.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €61,217 | €73,924 | +€12,707 | +20.8% |
| Amounts payable | 17/49 | €37,626 | €39,123 | +€1,497 | +4.0% |
| Amounts payable within one year | 42/48 | €28,026 | €27,603 | -€423 | -1.5% |
| Financial debts | 43 | €9,405 | €8,353 | -€1,053 | -11.2% |
| Credit institutions | 430/8 | €9,405 | €8,353 | -€1,053 | -11.2% |
| Trade debts | 44 | €7,188 | €16,049 | +€8,861 | +123.3% |
| Suppliers | 440/4 | €7,188 | €16,049 | +€8,861 | +123.3% |
| Taxes, remuneration and social security | 45 | €11,433 | €3,202 | -€8,231 | -72.0% |
| Taxes | 450/3 | €11,356 | €3,202 | -€8,154 | -71.8% |
| Remuneration and social security | 454/9 | €77 | €0 | -€77 | -100.0% |
| Accrued charges and deferred income | 492/3 | €9,600 | €11,520 | +€1,920 | +20.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,862 | €5,923 | +€61 | +1.0% |
| Other operating charges | 640/8 | €1,109 | €1,836 | +€727 | +65.6% |
| Gross operating margin | 9900 | -€9,060 | €16,050 | +€25,110 | |
| Operating profit (loss) | 9901 | -€16,031 | €8,291 | +€24,322 | |
| Financial income | 75/76B | €5,304 | €5,753 | +€449 | +8.5% |
| Recurring financial income | 75 | €5,304 | €5,753 | +€449 | +8.5% |
| Financial charges | 65/66B | €1,483 | €1,252 | -€231 | -15.6% |
| Recurring financial charges | 65 | €1,483 | €1,252 | -€231 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,211 | €12,791 | +€25,002 | |
| Income taxes | 67/77 | €0 | €84 | +€84 | |
| Profit (loss) for the period | 9904 | -€12,211 | €12,707 | +€24,918 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,211 | €12,707 | +€24,918 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.