Feu Ouvert: 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.
Feu Ouvert
Largest movements
- Cash +€53,342
up €53,342 (+28.3%), from €188,217 to €241,559
mainly Debts within one year (+€57,075) and Depreciation (+€13,928)
- Receivables within one year +€5,209
up €5,209 (+4.5%), from €115,247 to €120,456
- Tangible fixed assets -€4,435
down €4,435 (-10.7%), from €41,453 to €37,019
of which Furniture and vehicles: -€4,647
- Deferred charges and accrued income -€4,094
no longer reported in 2025 (was €4,094)
- Debts within one year +€57,075
up €57,075 (+23.3%), from €244,589 to €301,664
- Investment grants -€7,984
down €7,984 (-24.6%), from €32,452 to €24,468
- Gross operating margin +€43,016
up €43,016 (+4.5%), from €965,320 to €1.0m
- Staff costs +€39,131
up €39,131 (+4.1%), from €957,129 to €996,259
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 | €349,012 | €399,034 | +€50,022 | +14.3% |
| Fixed assets | 21/28 | €41,453 | €37,019 | -€4,435 | -10.7% |
| Tangible fixed assets | 22/27 | €41,453 | €37,019 | -€4,435 | -10.7% |
| Land and buildings | 22 | €18,576 | €18,788 | +€212 | +1.1% |
| Furniture and vehicles | 24 | €22,877 | €18,230 | -€4,647 | -20.3% |
| Current assets | 29/58 | €307,558 | €362,015 | +€54,457 | +17.7% |
| Amounts receivable within one year | 40/41 | €115,247 | €120,456 | +€5,209 | +4.5% |
| Other amounts receivable | 41 | €115,247 | €120,456 | +€5,209 | +4.5% |
| Cash at bank and in hand | 54/58 | €188,217 | €241,559 | +€53,342 | +28.3% |
| Deferred charges and accrued income | 490/1 | €4,094 | - | -€4,094 | |
| Total equity and liabilities | 10/49 | €349,012 | €399,034 | +€50,022 | +14.3% |
| Equity | 10/15 | €98,722 | €91,669 | -€7,053 | -7.1% |
| Contributions | 10/11 | €162,398 | €162,398 | = | 0.0% |
| Capital | 10 | €162,398 | €162,398 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,128 | -€95,197 | +€931 | +1.0% |
| Investment grants | 15 | €32,452 | €24,468 | -€7,984 | -24.6% |
| Amounts payable | 17/49 | €250,289 | €307,364 | +€57,075 | +22.8% |
| Amounts payable within one year | 42/48 | €244,589 | €301,664 | +€57,075 | +23.3% |
| Trade debts | 44 | €3,772 | €4,728 | +€956 | +25.3% |
| Suppliers | 440/4 | €3,772 | €4,728 | +€956 | +25.3% |
| Taxes, remuneration and social security | 45 | €144,639 | €168,575 | +€23,936 | +16.5% |
| Taxes | 450/3 | €21,886 | €31,641 | +€9,755 | +44.6% |
| Remuneration and social security | 454/9 | €122,753 | €136,934 | +€14,180 | +11.6% |
| Accrued charges and deferred income | 492/3 | €5,700 | €5,700 | = | 0.0% |
| Membership fees, donations, legacies and grants | 73 | €1,106,125 | €1,151,545 | +€45,420 | +4.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €144,616 | €146,818 | +€2,202 | +1.5% |
| Remuneration, social security and pensions | 62 | €957,129 | €996,259 | +€39,131 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,200 | €13,928 | +€728 | +5.5% |
| Other operating charges | 640/8 | €278 | €1,175 | +€898 | +323% |
| Non-recurring operating charges | 66A | - | €3,956 | +€3,956 | |
| Gross operating margin | 9900 | €965,320 | €1,008,336 | +€43,016 | +4.5% |
| Operating profit (loss) | 9901 | -€5,286 | -€6,983 | -€1,697 | -32.1% |
| Financial income | 75/76B | €8,109 | €8,051 | -€59 | -0.7% |
| Recurring financial income | 75 | €8,109 | €8,051 | -€59 | -0.7% |
| Financial charges | 65/66B | €132 | €137 | +€5 | +4.0% |
| Recurring financial charges | 65 | €132 | €137 | +€5 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €2,691 | €931 | -€1,761 | -65.4% |
| Profit (loss) for the period | 9904 | €2,691 | €931 | -€1,761 | -65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,691 | €931 | -€1,761 | -65.4% |
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 15 October 2026 via checked.be.