Ferrum Bouw: 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.
Ferrum Bouw
Largest movements
- Current investments +€300,000
up €300,000, from €0 to €300,000
- Cash -€230,112
down €230,112 (-89.6%), from €256,936 to €26,824
mainly Current investments (-€300,000) and Trade debts (-€16,021)
- Receivables within one year -€64,142
down €64,142 (-70.3%), from €91,221 to €27,079
- Profit (loss) carried forward +€27,877
up €27,877 (+25.7%), from €108,678 to €136,554
- Trade debts -€16,021
down €16,021 (-96.3%), from €16,632 to €611
- Tax, wage and social debts -€8,536
down €8,536 (-46.6%), from €18,326 to €9,790
- Gross operating margin -€10,569
down €10,569 (-24.0%), from €44,028 to €33,459
- Financial income +€3,001
up €3,001 (+55.4%), from €5,416 to €8,417
- Taxes -€2,004
down €2,004 (-16.8%), from €11,933 to €9,928
- Depreciation -€719
down €719 (-20.5%), from €3,500 to €2,781
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 | €351,808 | €355,128 | +€3,320 | +0.9% |
| Fixed assets | 21/28 | €2,781 | €0 | -€2,781 | -100% |
| Tangible fixed assets | 22/27 | €2,781 | €0 | -€2,781 | -100% |
| Furniture and vehicles | 24 | €2,781 | €0 | -€2,781 | -100% |
| Current assets | 29/58 | €349,027 | €355,128 | +€6,101 | +1.7% |
| Amounts receivable within one year | 40/41 | €91,221 | €27,079 | -€64,142 | -70.3% |
| Trade receivables | 40 | €91,221 | €27,079 | -€64,142 | -70.3% |
| Current investments | 50/53 | €0 | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €256,936 | €26,824 | -€230,112 | -89.6% |
| Deferred charges and accrued income | 490/1 | €870 | €1,226 | +€355 | +40.8% |
| Total equity and liabilities | 10/49 | €351,808 | €355,128 | +€3,320 | +0.9% |
| Equity | 10/15 | €316,851 | €344,728 | +€27,877 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €189,573 | €189,573 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €36,492 | €36,492 | = | 0.0% |
| Distributable reserves | 133 | €153,081 | €153,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,678 | €136,554 | +€27,877 | +25.7% |
| Amounts payable | 17/49 | €34,957 | €10,401 | -€24,557 | -70.2% |
| Amounts payable within one year | 42/48 | €34,957 | €10,401 | -€24,557 | -70.2% |
| Trade debts | 44 | €16,632 | €611 | -€16,021 | -96.3% |
| Suppliers | 440/4 | €16,632 | €611 | -€16,021 | -96.3% |
| Taxes, remuneration and social security | 45 | €18,326 | €9,790 | -€8,536 | -46.6% |
| Taxes | 450/3 | €18,326 | €9,790 | -€8,536 | -46.6% |
| Non-recurring operating income | 76A | €1,033 | €0 | -€1,033 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,500 | €2,781 | -€719 | -20.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,240 | €1,190 | -€50 | -4.0% |
| Gross operating margin | 9900 | €44,028 | €33,459 | -€10,569 | -24.0% |
| Operating profit (loss) | 9901 | €39,289 | €29,489 | -€9,800 | -24.9% |
| Financial income | 75/76B | €5,416 | €8,417 | +€3,001 | +55.4% |
| Recurring financial income | 75 | €5,416 | €8,417 | +€3,001 | +55.4% |
| Financial charges | 65/66B | €100 | €100 | = | 0.0% |
| Recurring financial charges | 65 | €100 | €100 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €44,605 | €37,805 | -€6,799 | -15.2% |
| Income taxes | 67/77 | €11,933 | €9,928 | -€2,004 | -16.8% |
| Profit (loss) for the period | 9904 | €32,672 | €27,877 | -€4,795 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,672 | €27,877 | -€4,795 | -14.7% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.