FEYAERTS: 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.
FEYAERTS
Largest movements
- Receivables within one year -€8,146
down €8,146 (-3.8%), from €213,053 to €204,907
of which Other amounts receivable: -€4,129
- Cash -€4,232
down €4,232 (-99.6%), from €4,248 to €16
mainly Trade debts (-€6,497) and Tax, wage and social debts (-€3,435)
- Trade debts -€6,497
down €6,497 (-67.2%), from €9,673 to €3,176
- Tax, wage and social debts -€3,435
no longer reported in 2024 (was €3,435)
- Gross operating margin -€16,716
down €16,716 (-91.1%), from €18,344 to €1,628
- Taxes -€3,435
no longer reported in 2024 (was €3,435)
- Financial charges -€527
down €527 (-26.8%), from €1,966 to €1,439
- Other operating charges -€387
down €387 (-43.9%), from €880 to €493
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 | €222,210 | €209,523 | -€12,687 | -5.7% |
| Fixed assets | 21/28 | €1,219 | €910 | -€308 | -25.3% |
| Tangible fixed assets | 22/27 | €1,219 | €910 | -€308 | -25.3% |
| Plant, machinery and equipment | 23 | €1,219 | €910 | -€308 | -25.3% |
| Current assets | 29/58 | €220,991 | €208,613 | -€12,378 | -5.6% |
| Amounts receivable within one year | 40/41 | €213,053 | €204,907 | -€8,146 | -3.8% |
| Trade receivables | 40 | €5,231 | €1,214 | -€4,017 | -76.8% |
| Other amounts receivable | 41 | €207,822 | €203,693 | -€4,129 | -2.0% |
| Cash at bank and in hand | 54/58 | €4,248 | €16 | -€4,232 | -99.6% |
| Deferred charges and accrued income | 490/1 | €3,691 | €3,691 | = | 0.0% |
| Total equity and liabilities | 10/49 | €222,210 | €209,523 | -€12,687 | -5.7% |
| Equity | 10/15 | €189,689 | €189,080 | -€610 | -0.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | - | -€6,197 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Uncalled capital | 101 | €12,395 | - | -€12,395 | |
| Reserves | 13 | €171,738 | €171,738 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €169,879 | €169,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,754 | €11,144 | -€610 | -5.2% |
| Provisions and deferred taxes | 16 | €744 | €744 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €744 | €744 | = | 0.0% |
| Environmental obligations | 163 | €744 | €744 | = | 0.0% |
| Amounts payable | 17/49 | €31,777 | €19,700 | -€12,077 | -38.0% |
| Amounts payable within one year | 42/48 | €31,777 | €19,700 | -€12,077 | -38.0% |
| Financial debts | 43 | €18,194 | €16,524 | -€1,669 | -9.2% |
| Credit institutions | 430/8 | €18,194 | €16,524 | -€1,669 | -9.2% |
| Trade debts | 44 | €9,673 | €3,176 | -€6,497 | -67.2% |
| Suppliers | 440/4 | €9,673 | €3,176 | -€6,497 | -67.2% |
| Taxes, remuneration and social security | 45 | €3,435 | - | -€3,435 | |
| Taxes | 450/3 | €3,435 | - | -€3,435 | |
| Other amounts payable | 47/48 | €475 | - | -€475 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €308 | €308 | = | 0.0% |
| Other operating charges | 640/8 | €880 | €493 | -€387 | -43.9% |
| Gross operating margin | 9900 | €18,344 | €1,628 | -€16,716 | -91.1% |
| Operating profit (loss) | 9901 | €17,155 | €826 | -€16,329 | -95.2% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,966 | €1,439 | -€527 | -26.8% |
| Recurring financial charges | 65 | €1,966 | €1,439 | -€527 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €15,189 | -€610 | -€15,799 | |
| Income taxes | 67/77 | €3,435 | - | -€3,435 | |
| Profit (loss) for the period | 9904 | €11,754 | -€610 | -€12,364 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,754 | -€610 | -€12,364 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.