FEYARDI: 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.
FEYARDI
Largest movements
- Receivables within one year -€20,249
down €20,249 (-32.1%), from €63,118 to €42,868
of which Trade receivables: -€28,088
- Tangible fixed assets -€18,500
down €18,500 (-36.6%), from €50,564 to €32,064
of which Other tangible fixed assets: -€10,456
- Other debts -€22,590
down €22,590 (-51.3%), from €44,049 to €21,458
- Reserves -€9,546
down €9,546 (-6.6%), from €144,917 to €135,371
- Tax, wage and social debts -€4,980
down €4,980 (-26.8%), from €18,566 to €13,587
- Trade debts -€2,485
down €2,485 (-52.1%), from €4,771 to €2,286
- Gross operating margin -€45,550
down €45,550 (-58.2%), from €78,199 to €32,649
- Taxes -€11,616
down €11,616 (-67.6%), from €17,190 to €5,574
- Depreciation -€1,101
down €1,101 (-5.6%), from €19,601 to €18,500
From the 30-12-2024 result to the 30-12-2025 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 30-12-2024 and 30-12-2025 balance sheets and the 30-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-12-2024 | 30-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €212,703 | €173,102 | -€39,601 | -18.6% |
| Fixed assets | 21/28 | €50,564 | €32,064 | -€18,500 | -36.6% |
| Tangible fixed assets | 22/27 | €50,564 | €32,064 | -€18,500 | -36.6% |
| Furniture and vehicles | 24 | €19,635 | €11,592 | -€8,044 | -41.0% |
| Other tangible fixed assets | 26 | €30,929 | €20,473 | -€10,456 | -33.8% |
| Current assets | 29/58 | €162,139 | €141,037 | -€21,101 | -13.0% |
| Amounts receivable after more than one year | 29 | €68,000 | €68,000 | = | 0.0% |
| Other amounts receivable | 291 | €68,000 | €68,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €63,118 | €42,868 | -€20,249 | -32.1% |
| Trade receivables | 40 | €62,366 | €34,278 | -€28,088 | -45.0% |
| Other amounts receivable | 41 | €752 | €8,591 | +€7,839 | +1042.5% |
| Cash at bank and in hand | 54/58 | €30,388 | €29,560 | -€828 | -2.7% |
| Deferred charges and accrued income | 490/1 | €633 | €609 | -€24 | -3.8% |
| Total equity and liabilities | 10/49 | €212,703 | €173,102 | -€39,601 | -18.6% |
| Equity | 10/15 | €145,317 | €135,771 | -€9,546 | -6.6% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €144,917 | €135,371 | -€9,546 | -6.6% |
| Distributable reserves | 133 | €144,917 | €135,371 | -€9,546 | -6.6% |
| Amounts payable | 17/49 | €67,386 | €37,331 | -€30,055 | -44.6% |
| Amounts payable within one year | 42/48 | €67,386 | €37,331 | -€30,055 | -44.6% |
| Trade debts | 44 | €4,771 | €2,286 | -€2,485 | -52.1% |
| Suppliers | 440/4 | €4,771 | €2,286 | -€2,485 | -52.1% |
| Taxes, remuneration and social security | 45 | €18,566 | €13,587 | -€4,980 | -26.8% |
| Taxes | 450/3 | €18,566 | €13,587 | -€4,980 | -26.8% |
| Other amounts payable | 47/48 | €44,049 | €21,458 | -€22,590 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,601 | €18,500 | -€1,101 | -5.6% |
| Other operating charges | 640/8 | €855 | €756 | -€99 | -11.6% |
| Gross operating margin | 9900 | €78,199 | €32,649 | -€45,550 | -58.2% |
| Operating profit (loss) | 9901 | €57,742 | €13,393 | -€44,350 | -76.8% |
| Financial income | 75/76B | €937 | €970 | +€33 | +3.5% |
| Recurring financial income | 75 | €937 | €970 | +€33 | +3.5% |
| Financial charges | 65/66B | €331 | €535 | +€204 | +61.8% |
| Recurring financial charges | 65 | €331 | €535 | +€204 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | €58,349 | €13,828 | -€44,521 | -76.3% |
| Income taxes | 67/77 | €17,190 | €5,574 | -€11,616 | -67.6% |
| Profit (loss) for the period | 9904 | €41,159 | €8,254 | -€32,905 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,159 | €8,254 | -€32,905 | -79.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.