Feyaerts Renting: 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 Renting
Largest movements
- Tangible fixed assets -€198,972
down €198,972 (-9.0%), from €2.2m to €2.0m
- Receivables within one year -€27,812
down €27,812 (-11.7%), from €237,279 to €209,467
of which Other amounts receivable: -€54,968
- Cash +€25,852
up €25,852 (+340%), from €7,610 to €33,462
mainly Short-term financial debts (+€550,000) and Trade debts (+€285,136)
- Debts after one year -€660,000
down €660,000 (-100%), from €660,000 to €0
- Short-term financial debts +€550,000
new in 2025: €550,000
- Trade debts +€285,136
up €285,136 (+42.1%), from €678,015 to €963,151
- Accrued charges and deferred income -€280,248
down €280,248 (-100%), from €280,248 to €0
- Other debts -€143,323
down €143,323 (-54.9%), from €261,278 to €117,955
- Depreciation +€44,882
up €44,882 (+20.3%), from €221,064 to €265,946
- Gross operating margin +€36,396
up €36,396 (+8.2%), from €442,383 to €478,779
- Financial charges -€28,679
down €28,679 (-40.8%), from €70,324 to €41,645
- Other operating charges -€7,902
down €7,902 (-32.4%), from €24,414 to €16,512
- Taxes +€5,879
up €5,879 (+24.7%), from €23,799 to €29,678
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 | €2,447,223 | €2,246,291 | -€200,932 | -8.2% |
| Fixed assets | 21/28 | €2,202,334 | €2,003,362 | -€198,972 | -9.0% |
| Tangible fixed assets | 22/27 | €2,202,334 | €2,003,362 | -€198,972 | -9.0% |
| Furniture and vehicles | 24 | €2,202,334 | €2,003,362 | -€198,972 | -9.0% |
| Current assets | 29/58 | €244,889 | €242,929 | -€1,960 | -0.8% |
| Amounts receivable within one year | 40/41 | €237,279 | €209,467 | -€27,812 | -11.7% |
| Trade receivables | 40 | €158,632 | €185,788 | +€27,156 | +17.1% |
| Other amounts receivable | 41 | €78,647 | €23,679 | -€54,968 | -69.9% |
| Cash at bank and in hand | 54/58 | €7,610 | €33,462 | +€25,852 | +340% |
| Total equity and liabilities | 10/49 | €2,447,223 | €2,246,291 | -€200,932 | -8.2% |
| Equity | 10/15 | €567,682 | €606,717 | +€39,035 | +6.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €549,090 | €588,125 | +€39,035 | +7.1% |
| Distributable reserves | 133 | €549,090 | €588,125 | +€39,035 | +7.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,879,541 | €1,639,574 | -€239,967 | -12.8% |
| Amounts payable after more than one year | 17 | €660,000 | €0 | -€660,000 | -100% |
| Financial debts | 170/4 | €660,000 | €0 | -€660,000 | -100% |
| Amounts payable within one year | 42/48 | €939,292 | €1,639,574 | +€700,281 | +74.6% |
| Financial debts | 43 | - | €550,000 | +€550,000 | |
| Other loans | 439 | - | €550,000 | +€550,000 | |
| Trade debts | 44 | €678,015 | €963,151 | +€285,136 | +42.1% |
| Suppliers | 440/4 | €678,015 | €963,151 | +€285,136 | +42.1% |
| Taxes, remuneration and social security | 45 | - | €8,468 | +€8,468 | |
| Taxes | 450/3 | - | €8,468 | +€8,468 | |
| Other amounts payable | 47/48 | €261,278 | €117,955 | -€143,323 | -54.9% |
| Accrued charges and deferred income | 492/3 | €280,248 | €0 | -€280,248 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221,064 | €265,946 | +€44,882 | +20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €692 | €0 | -€692 | -100% |
| Other operating charges | 640/8 | €24,414 | €16,512 | -€7,902 | -32.4% |
| Non-recurring operating charges | 66A | €33,436 | €35,962 | +€2,526 | +7.6% |
| Gross operating margin | 9900 | €442,383 | €478,779 | +€36,396 | +8.2% |
| Operating profit (loss) | 9901 | €162,777 | €160,358 | -€2,418 | -1.5% |
| Financial charges | 65/66B | €70,324 | €41,645 | -€28,679 | -40.8% |
| Recurring financial charges | 65 | €70,324 | €41,645 | -€28,679 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €92,452 | €118,713 | +€26,261 | +28.4% |
| Income taxes | 67/77 | €23,799 | €29,678 | +€5,879 | +24.7% |
| Profit (loss) for the period | 9904 | €68,653 | €89,035 | +€20,382 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €68,653 | €89,035 | +€20,382 | +29.7% |
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 25 October 2026 via checked.be.