Fevic: 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.
Fevic
Largest movements
- Stocks and contracts -€13,600
no longer reported in 2024 (was €13,600)
- Cash -€8,017
down €8,017 (-77.7%), from €10,313 to €2,297
mainly Other debts (-€15,361) and Net result for the year (-€12,007)
- Receivables within one year -€6,897
down €6,897 (-77.4%), from €8,905 to €2,009
of which Trade receivables: -€6,630
- Tangible fixed assets -€5,607
down €5,607 (-37.2%), from €15,092 to €9,484
of which Plant, machinery and equipment: -€4,030
- Deferred charges and accrued income -€3,273
down €3,273 (-37.2%), from €8,798 to €5,525
- Other debts -€15,361
down €15,361 (-62.0%), from €24,795 to €9,433
- Profit (loss) carried forward -€12,007
down €12,007 (-50.9%), from -€23,566 to -€35,573
- Trade debts -€8,571
down €8,571 (-43.7%), from €19,612 to €11,041
- Debts after one year -€3,801
down €3,801 (-71.9%), from €5,288 to €1,486
- Tax, wage and social debts +€1,892
up €1,892 (+9.3%), from €20,350 to €22,241
of which Remuneration and social security: +€1,514
- Gross operating margin +€3,650
up €3,650 (+45.5%), from -€8,021 to -€4,371
- Financial charges +€361
up €361 (+49.3%), from €733 to €1,094
- Other operating charges -€250
down €250 (-21.1%), from €1,184 to €934
- Depreciation -€133
down €133 (-2.3%), from €5,740 to €5,607
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,709 | €19,315 | -€37,394 | -65.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €15,092 | €9,484 | -€5,607 | -37.2% |
| Tangible fixed assets | 22/27 | €15,092 | €9,484 | -€5,607 | -37.2% |
| Plant, machinery and equipment | 23 | €11,125 | €7,095 | -€4,030 | -36.2% |
| Furniture and vehicles | 24 | €1,986 | €701 | -€1,285 | -64.7% |
| Other tangible fixed assets | 26 | €1,980 | €1,688 | -€292 | -14.7% |
| Current assets | 29/58 | €41,617 | €9,830 | -€31,787 | -76.4% |
| Stocks and contracts in progress | 3 | €13,600 | - | -€13,600 | |
| Contracts in progress | 37 | €13,600 | - | -€13,600 | |
| Amounts receivable within one year | 40/41 | €8,905 | €2,009 | -€6,897 | -77.4% |
| Trade receivables | 40 | €6,630 | €0 | -€6,630 | -100.0% |
| Other amounts receivable | 41 | €2,275 | €2,009 | -€266 | -11.7% |
| Cash at bank and in hand | 54/58 | €10,313 | €2,297 | -€8,017 | -77.7% |
| Deferred charges and accrued income | 490/1 | €8,798 | €5,525 | -€3,273 | -37.2% |
| Total equity and liabilities | 10/49 | €56,709 | €19,315 | -€37,394 | -65.9% |
| Equity | 10/15 | -€17,366 | -€29,373 | -€12,007 | -69.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,566 | -€35,573 | -€12,007 | -50.9% |
| Amounts payable | 17/49 | €74,075 | €48,688 | -€25,387 | -34.3% |
| Amounts payable after more than one year | 17 | €5,288 | €1,486 | -€3,801 | -71.9% |
| Financial debts | 170/4 | €5,288 | €1,486 | -€3,801 | -71.9% |
| Amounts payable within one year | 42/48 | €68,787 | €47,201 | -€21,586 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €4,031 | €3,801 | -€230 | -5.7% |
| Trade debts | 44 | €19,612 | €11,041 | -€8,571 | -43.7% |
| Suppliers | 440/4 | €19,612 | €11,041 | -€8,571 | -43.7% |
| Advances received on contracts in progress | 46 | - | €684 | +€684 | |
| Taxes, remuneration and social security | 45 | €20,350 | €22,241 | +€1,892 | +9.3% |
| Taxes | 450/3 | €147 | €525 | +€378 | +257.0% |
| Remuneration and social security | 454/9 | €20,203 | €21,717 | +€1,514 | +7.5% |
| Other amounts payable | 47/48 | €24,795 | €9,433 | -€15,361 | -62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,740 | €5,607 | -€133 | -2.3% |
| Other operating charges | 640/8 | €1,184 | €934 | -€250 | -21.1% |
| Gross operating margin | 9900 | -€8,021 | -€4,371 | +€3,650 | +45.5% |
| Operating profit (loss) | 9901 | -€14,945 | -€10,913 | +€4,032 | +27.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €733 | €1,094 | +€361 | +49.3% |
| Recurring financial charges | 65 | €733 | €1,094 | +€361 | +49.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,677 | -€12,007 | +€3,671 | +23.4% |
| Profit (loss) for the period | 9904 | -€15,677 | -€12,007 | +€3,671 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,677 | -€12,007 | +€3,671 | +23.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.