FEYAERTS PROPERTIES: 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.
FEYAERTS PROPERTIES
Largest movements
- Tangible fixed assets +€17,929
up €17,929 (+5.1%), from €353,216 to €371,145
of which Land and buildings: +€19,253
- Cash -€16,979
down €16,979 (-46.8%), from €36,242 to €19,263
mainly Investment in fixed assets (net) (-€40,629) and Other debts (-€22,990)
- Other debts -€22,990
down €22,990 (-97.9%), from €23,485 to €495
- Reserves +€17,321
up €17,321 (+13.2%), from €131,572 to €148,893
of which Distributable reserves: +€17,321
- Debts after one year +€6,350
up €6,350 (+4.1%), from €156,100 to €162,450
- Gross operating margin +€7,515
up €7,515 (+14.8%), from €50,709 to €58,224
- Depreciation +€2,774
up €2,774 (+13.9%), from €19,926 to €22,700
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 | €392,180 | €393,131 | +€951 | +0.2% |
| Fixed assets | 21/28 | €353,216 | €371,145 | +€17,929 | +5.1% |
| Tangible fixed assets | 22/27 | €353,216 | €371,145 | +€17,929 | +5.1% |
| Land and buildings | 22 | €350,101 | €369,353 | +€19,253 | +5.5% |
| Plant, machinery and equipment | 23 | €3,116 | €1,791 | -€1,324 | -42.5% |
| Current assets | 29/58 | €38,964 | €21,986 | -€16,978 | -43.6% |
| Amounts receivable within one year | 40/41 | €2,234 | €2,209 | -€25 | -1.1% |
| Other amounts receivable | 41 | €2,234 | €2,209 | -€25 | -1.1% |
| Cash at bank and in hand | 54/58 | €36,242 | €19,263 | -€16,979 | -46.8% |
| Deferred charges and accrued income | 490/1 | €488 | €514 | +€27 | +5.4% |
| Total equity and liabilities | 10/49 | €392,180 | €393,131 | +€951 | +0.2% |
| Equity | 10/15 | €205,940 | €223,261 | +€17,321 | +8.4% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €131,572 | €148,893 | +€17,321 | +13.2% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €124,135 | €141,456 | +€17,321 | +14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €186,240 | €169,870 | -€16,370 | -8.8% |
| Amounts payable after more than one year | 17 | €156,100 | €162,450 | +€6,350 | +4.1% |
| Financial debts | 170/4 | €156,100 | €162,450 | +€6,350 | +4.1% |
| Amounts payable within one year | 42/48 | €23,512 | €523 | -€22,989 | -97.8% |
| Trade debts | 44 | €27 | €28 | +€1 | +3.4% |
| Suppliers | 440/4 | €27 | €28 | +€1 | +3.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €23,485 | €495 | -€22,990 | -97.9% |
| Accrued charges and deferred income | 492/3 | €6,628 | €6,898 | +€269 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,926 | €22,700 | +€2,774 | +13.9% |
| Other operating charges | 640/8 | €4,638 | €4,581 | -€57 | -1.2% |
| Gross operating margin | 9900 | €50,709 | €58,224 | +€7,515 | +14.8% |
| Operating profit (loss) | 9901 | €26,145 | €30,942 | +€4,798 | +18.4% |
| Financial charges | 65/66B | €6,452 | €6,831 | +€379 | +5.9% |
| Recurring financial charges | 65 | €6,452 | €6,831 | +€379 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €19,693 | €24,112 | +€4,419 | +22.4% |
| Income taxes | 67/77 | €6,266 | €6,791 | +€525 | +8.4% |
| Profit (loss) for the period | 9904 | €13,427 | €17,321 | +€3,894 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,427 | €17,321 | +€3,894 | +29.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.