Ferrum Vastgoed: 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 Vastgoed
Largest movements
- Tangible fixed assets +€30,845
up €30,845 (+2.6%), from €1.2m to €1.2m
of which Plant, machinery and equipment: +€30,845
- Receivables within one year -€18,875
down €18,875 (-43.0%), from €43,875 to €25,000
- Cash -€17,546
down €17,546 (-81.7%), from €21,483 to €3,937
mainly Investment in fixed assets (net) (-€262,950) and Debts after one year (-€95,007)
- Debts after one year -€95,007
down €95,007 (-20.7%), from €458,191 to €363,184
- Advances received +€50,329
up €50,329 (+17.8%), from €282,003 to €332,332
- Tax, wage and social debts +€22,431
up €22,431 (+95.7%), from €23,444 to €45,875
of which Taxes: +€22,450
- Profit (loss) carried forward +€15,245
up €15,245 (+4.3%), from €356,876 to €372,122
- Depreciation +€138,551
up €138,551 (+148%), from €93,554 to €232,105
- Gross operating margin +€95,316
up €95,316 (+39.4%), from €241,894 to €337,210
- Taxes -€16,632
down €16,632 (-83.1%), from €20,008 to €3,375
- Financial income -€7,704
down €7,704 (-79.4%), from €9,704 to €2,000
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 | €1,234,717 | €1,229,174 | -€5,543 | -0.4% |
| Fixed assets | 21/28 | €1,167,543 | €1,198,389 | +€30,845 | +2.6% |
| Tangible fixed assets | 22/27 | €1,167,543 | €1,198,389 | +€30,845 | +2.6% |
| Land and buildings | 22 | €279,337 | €279,337 | = | 0.0% |
| Plant, machinery and equipment | 23 | €476,106 | €506,952 | +€30,845 | +6.5% |
| Other tangible fixed assets | 26 | €412,100 | €412,100 | = | 0.0% |
| Current assets | 29/58 | €67,173 | €30,785 | -€36,388 | -54.2% |
| Amounts receivable within one year | 40/41 | €43,875 | €25,000 | -€18,875 | -43.0% |
| Other amounts receivable | 41 | €43,875 | €25,000 | -€18,875 | -43.0% |
| Cash at bank and in hand | 54/58 | €21,483 | €3,937 | -€17,546 | -81.7% |
| Deferred charges and accrued income | 490/1 | €1,815 | €1,848 | +€33 | +1.8% |
| Total equity and liabilities | 10/49 | €1,234,717 | €1,229,174 | -€5,543 | -0.4% |
| Equity | 10/15 | €377,336 | €392,582 | +€15,245 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €356,876 | €372,122 | +€15,245 | +4.3% |
| Amounts payable | 17/49 | €857,380 | €836,592 | -€20,788 | -2.4% |
| Amounts payable after more than one year | 17 | €458,191 | €363,184 | -€95,007 | -20.7% |
| Financial debts | 170/4 | €458,191 | €363,184 | -€95,007 | -20.7% |
| Amounts payable within one year | 42/48 | €399,189 | €473,408 | +€74,218 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €93,561 | €95,007 | +€1,445 | +1.5% |
| Trade debts | 44 | €180 | €194 | +€13 | +7.4% |
| Suppliers | 440/4 | €180 | €194 | +€13 | +7.4% |
| Advances received on contracts in progress | 46 | €282,003 | €332,332 | +€50,329 | +17.8% |
| Taxes, remuneration and social security | 45 | €23,444 | €45,875 | +€22,431 | +95.7% |
| Taxes | 450/3 | €5,139 | €27,589 | +€22,450 | +437% |
| Remuneration and social security | 454/9 | €18,305 | €18,286 | -€20 | -0.1% |
| Non-recurring operating income | 76A | €22,500 | €3,713 | -€18,787 | -83.5% |
| Remuneration, social security and pensions | 62 | €76,349 | €78,979 | +€2,629 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,554 | €232,105 | +€138,551 | +148% |
| Other operating charges | 640/8 | €1,022 | €1,030 | +€7 | +0.7% |
| Gross operating margin | 9900 | €241,894 | €337,210 | +€95,316 | +39.4% |
| Operating profit (loss) | 9901 | €70,969 | €25,097 | -€45,872 | -64.6% |
| Financial income | 75/76B | €9,704 | €2,000 | -€7,704 | -79.4% |
| Recurring financial income | 75 | €9,704 | €2,000 | -€7,704 | -79.4% |
| Financial charges | 65/66B | €9,850 | €8,476 | -€1,373 | -13.9% |
| Recurring financial charges | 65 | €9,850 | €8,476 | -€1,373 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €70,824 | €18,621 | -€52,203 | -73.7% |
| Income taxes | 67/77 | €20,008 | €3,375 | -€16,632 | -83.1% |
| Profit (loss) for the period | 9904 | €50,816 | €15,245 | -€35,571 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,816 | €15,245 | -€35,571 | -70.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.