FEVACA INTERNATIONAL: 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.
FEVACA INTERNATIONAL
Largest movements
- Receivables within one year +€26,228
up €26,228 (+36.6%), from €71,570 to €97,798
- Trade debts +€34,119
up €34,119 (+35.2%), from €97,048 to €131,167
- Write-downs -€94,846
down €94,846 (-92.6%), from €102,476 to €7,630
- Financial charges +€19,400
up €19,400 (+6822.4%), from €284 to €19,685
- Gross operating margin +€9,228
up €9,228 (+39.5%), from €23,356 to €32,584
- Other operating charges +€1,624
up €1,624 (+23.6%), from €6,893 to €8,518
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 | €617,133 | €648,529 | +€31,396 | +5.1% |
| Fixed assets | 21/28 | €510,022 | €510,022 | = | 0.0% |
| Tangible fixed assets | 22/27 | €510,022 | €510,022 | = | 0.0% |
| Land and buildings | 22 | €510,022 | €510,022 | = | 0.0% |
| Current assets | 29/58 | €107,111 | €138,507 | +€31,396 | +29.3% |
| Amounts receivable after more than one year | 29 | €35,525 | €35,525 | = | 0.0% |
| Other amounts receivable | 291 | €35,525 | €35,525 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €71,570 | €97,798 | +€26,228 | +36.6% |
| Other amounts receivable | 41 | €71,570 | €97,798 | +€26,228 | +36.6% |
| Cash at bank and in hand | 54/58 | €16 | €5,184 | +€5,168 | +32878.1% |
| Total equity and liabilities | 10/49 | €617,133 | €648,529 | +€31,396 | +5.1% |
| Equity | 10/15 | €520,085 | €517,362 | -€2,723 | -0.5% |
| Contributions | 10/11 | €89,242 | €89,242 | = | 0.0% |
| Capital | 10 | €89,242 | €89,242 | = | 0.0% |
| Issued capital | 100 | €89,242 | €89,242 | = | 0.0% |
| Revaluation surpluses | 12 | €510,022 | €510,022 | = | 0.0% |
| Reserves | 13 | €8,924 | €8,924 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,924 | €8,924 | = | 0.0% |
| Legal reserve | 130 | €8,924 | €8,924 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,103 | -€90,826 | -€2,723 | -3.1% |
| Amounts payable | 17/49 | €97,048 | €131,167 | +€34,119 | +35.2% |
| Amounts payable within one year | 42/48 | €97,048 | €131,167 | +€34,119 | +35.2% |
| Trade debts | 44 | €97,048 | €131,167 | +€34,119 | +35.2% |
| Suppliers | 440/4 | €97,048 | €131,167 | +€34,119 | +35.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €102,476 | €7,630 | -€94,846 | -92.6% |
| Other operating charges | 640/8 | €6,893 | €8,518 | +€1,624 | +23.6% |
| Gross operating margin | 9900 | €23,356 | €32,584 | +€9,228 | +39.5% |
| Operating profit (loss) | 9901 | -€86,014 | €16,436 | +€102,451 | |
| Financial income | 75/76B | €525 | €525 | = | 0.0% |
| Recurring financial income | 75 | €525 | €525 | = | 0.0% |
| Financial charges | 65/66B | €284 | €19,685 | +€19,400 | +6822.4% |
| Recurring financial charges | 65 | €284 | €19,685 | +€19,400 | +6822.4% |
| Profit (loss) for the period before taxes | 9903 | -€85,774 | -€2,723 | +€83,050 | +96.8% |
| Profit (loss) for the period | 9904 | -€85,774 | -€2,723 | +€83,050 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,774 | -€2,723 | +€83,050 | +96.8% |
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 11 October 2026 via checked.be.