FEUTAIRO: 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.
FEUTAIRO
Largest movements
- Tangible fixed assets -€9,984
down €9,984 (-12.3%), from €81,184 to €71,200
of which Furniture and vehicles: -€8,040
- Receivables within one year -€9,899
down €9,899 (-31.6%), from €31,347 to €21,448
of which Other amounts receivable: -€9,951
- Profit (loss) carried forward -€32,212
down €32,212 (-43.6%), from €73,818 to €41,607
- Other debts +€13,427
up €13,427 (+77.5%), from €17,319 to €30,747
- Tax, wage and social debts -€1,186
no longer reported in 2025 (was €1,186)
- Gross operating margin -€9,277
down €9,277, from €4,921 to -€4,356
- Financial income -€918
down €918 (-80.6%), from €1,139 to €221
of which Financial income: -€803
- Other operating charges -€892
down €892 (-55.7%), from €1,602 to €710
- Depreciation +€431
up €431 (+4.5%), from €9,553 to €9,984
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.
Cash bridge derived
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 | €112,992 | €92,933 | -€20,059 | -17.8% |
| Fixed assets | 21/28 | €81,184 | €71,200 | -€9,984 | -12.3% |
| Tangible fixed assets | 22/27 | €81,184 | €71,200 | -€9,984 | -12.3% |
| Land and buildings | 22 | €64,139 | €62,195 | -€1,944 | -3.0% |
| Furniture and vehicles | 24 | €17,045 | €9,005 | -€8,040 | -47.2% |
| Current assets | 29/58 | €31,808 | €21,733 | -€10,075 | -31.7% |
| Amounts receivable within one year | 40/41 | €31,347 | €21,448 | -€9,899 | -31.6% |
| Trade receivables | 40 | - | €52 | +€52 | |
| Other amounts receivable | 41 | €31,347 | €21,396 | -€9,951 | -31.7% |
| Cash at bank and in hand | 54/58 | €461 | €285 | -€176 | -38.1% |
| Total equity and liabilities | 10/49 | €112,992 | €92,933 | -€20,059 | -17.8% |
| Equity | 10/15 | €94,278 | €62,067 | -€32,212 | -34.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,818 | €41,607 | -€32,212 | -43.6% |
| Amounts payable | 17/49 | €18,714 | €30,867 | +€12,153 | +64.9% |
| Amounts payable within one year | 42/48 | €18,537 | €30,802 | +€12,265 | +66.2% |
| Trade debts | 44 | €32 | €56 | +€24 | +75.6% |
| Suppliers | 440/4 | €32 | €56 | +€24 | +75.6% |
| Taxes, remuneration and social security | 45 | €1,186 | - | -€1,186 | |
| Taxes | 450/3 | €1,186 | - | -€1,186 | |
| Other amounts payable | 47/48 | €17,319 | €30,747 | +€13,427 | +77.5% |
| Accrued charges and deferred income | 492/3 | €177 | €64 | -€113 | -63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,553 | €9,984 | +€431 | +4.5% |
| Other operating charges | 640/8 | €1,602 | €710 | -€892 | -55.7% |
| Gross operating margin | 9900 | €4,921 | -€4,356 | -€9,277 | |
| Operating profit (loss) | 9901 | -€6,234 | -€15,050 | -€8,816 | -141.4% |
| Financial income | 75/76B | €1,139 | €221 | -€918 | -80.6% |
| Recurring financial income | 75 | €1,024 | €221 | -€803 | -78.4% |
| Non-recurring financial income | 76B | €115 | - | -€115 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,138 | -€14,874 | -€9,736 | -189.5% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€5,138 | -€14,874 | -€9,736 | -189.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,138 | -€14,874 | -€9,736 | -189.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.