Feruti: 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.
Feruti
Largest movements
- Receivables within one year +€12,969
up €12,969 (+13.6%), from €95,173 to €108,142
of which Other amounts receivable: +€12,849
- Cash +€1,734
up €1,734 (+27.6%), from €6,274 to €8,008
mainly Net result for the year (+€8,424) and Tax, wage and social debts (+€5,735)
- Reserves +€8,400
up €8,400 (+14.0%), from €59,960 to €68,360
- Tax, wage and social debts +€5,735
up €5,735 (+42.1%), from €13,610 to €19,345
of which Remuneration and social security: +€3,227
- Gross operating margin -€11,453
down €11,453 (-34.3%), from €33,436 to €21,983
- Taxes -€4,109
down €4,109 (-47.6%), from €8,627 to €4,518
- Financial charges +€706
up €706 (+13.0%), from €5,426 to €6,132
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 | €128,430 | €143,427 | +€14,997 | +11.7% |
| Fixed assets | 21/28 | €739 | €820 | +€80 | +10.9% |
| Tangible fixed assets | 22/27 | €739 | €820 | +€80 | +10.9% |
| Furniture and vehicles | 24 | €739 | €820 | +€80 | +10.9% |
| Current assets | 29/58 | €127,690 | €142,607 | +€14,917 | +11.7% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €95,173 | €108,142 | +€12,969 | +13.6% |
| Trade receivables | 40 | €13,299 | €13,418 | +€119 | +0.9% |
| Other amounts receivable | 41 | €81,875 | €94,724 | +€12,849 | +15.7% |
| Cash at bank and in hand | 54/58 | €6,274 | €8,008 | +€1,734 | +27.6% |
| Deferred charges and accrued income | 490/1 | €1,243 | €1,457 | +€214 | +17.2% |
| Total equity and liabilities | 10/49 | €128,430 | €143,427 | +€14,997 | +11.7% |
| Equity | 10/15 | €114,820 | €123,244 | +€8,424 | +7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €59,960 | €68,360 | +€8,400 | +14.0% |
| Distributable reserves | 133 | €59,960 | €68,360 | +€8,400 | +14.0% |
| Profit (loss) carried forward | 14 | €48,660 | €48,684 | +€24 | 0.0% |
| Amounts payable | 17/49 | €13,610 | €20,183 | +€6,573 | +48.3% |
| Amounts payable within one year | 42/48 | €13,610 | €20,183 | +€6,573 | +48.3% |
| Trade debts | 44 | - | €838 | +€838 | |
| Suppliers | 440/4 | - | €838 | +€838 | |
| Taxes, remuneration and social security | 45 | €13,610 | €19,345 | +€5,735 | +42.1% |
| Taxes | 450/3 | €13,610 | €16,118 | +€2,508 | +18.4% |
| Remuneration and social security | 454/9 | - | €3,227 | +€3,227 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €640 | €633 | -€7 | -1.2% |
| Other operating charges | 640/8 | €1,864 | €1,651 | -€213 | -11.4% |
| Non-recurring operating charges | 66A | - | €625 | +€625 | |
| Gross operating margin | 9900 | €33,436 | €21,983 | -€11,453 | -34.3% |
| Operating profit (loss) | 9901 | €30,932 | €19,074 | -€11,858 | -38.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,426 | €6,132 | +€706 | +13.0% |
| Recurring financial charges | 65 | €5,426 | €6,132 | +€706 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €25,507 | €12,942 | -€12,564 | -49.3% |
| Income taxes | 67/77 | €8,627 | €4,518 | -€4,109 | -47.6% |
| Profit (loss) for the period | 9904 | €16,880 | €8,424 | -€8,455 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,880 | €8,424 | -€8,455 | -50.1% |
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 17 October 2026 via checked.be.