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Feye Solutions: 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.

What changed

Feye Solutions

BE 0723.696.115
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€53,944
2024 · €12,056+€41,888
Equity
€105,376
2024 · €82,481+€22,894
Cash
€167,460
2024 · €42,625+€124,835
Balance sheet total
€193,395
2024 · €116,509+€76,886

Largest movements

2024 to 2025
Assets
  • Cash +€124,835

    up €124,835 (+292.9%), from €42,625 to €167,460

    mainly Net result for the year (+€53,944) and Receivables within one year (+€37,661)

  • Receivables within one year -€37,661

    down €37,661 (-68.3%), from €55,122 to €17,461

    of which Trade receivables: -€35,339

  • Tangible fixed assets -€11,166

    down €11,166 (-64.9%), from €17,216 to €6,051

    of which Leasing and similar rights: -€16,797

Equity and liabilities
  • Debts after one year +€18,423

    up €18,423 (+384.4%), from €4,793 to €23,216

  • Other debts +€16,762

    up €16,762 (+117.3%), from €14,288 to €31,050

  • Profit (loss) carried forward +€12,000

    up €12,000 (+18.8%), from €63,881 to €75,881

  • Tax, wage and social debts +€11,787

    up €11,787 (+392.2%), from €3,005 to €14,792

  • Reserves +€10,894

    new in 2025: €10,894

Income statement
  • Gross operating margin +€42,209

    up €42,209 (+128.1%), from €32,954 to €75,164

  • Depreciation -€13,858

    down €13,858 (-97.1%), from €14,277 to €419

  • Taxes +€11,593

    up €11,593 (+318.7%), from €3,638 to €15,231

  • Financial charges +€2,048

    up €2,048 (+337.7%), from €607 to €2,655

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €12,056
Gross operating margin +€42,209
Depreciation +€13,858
Other operating charges -€538
Financial charges -€2,048
Taxes -€11,593
Result 2025 €53,944

Cash bridge derived

cash 2024 to 2025

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.

From operations +€122,193
Investment +€10,747
Financing -€8,104
Cash 2024 €42,625
Net result for the year +€53,944
Depreciation +€419
Receivables within one year +€37,661
Deferred charges and accrued income -€877
Trade debts +€2,497
Tax, wage and social debts +€11,787
Other debts +€16,762
Investment in fixed assets (net) +€10,747
Debts after one year +€18,423
Current portion of long-term debt +€4,523
Contributions, distributions and other -€31,050
Cash 2025 €167,460
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €116,509 €193,395 +€76,886 +66.0%
Fixed assets 21/28 €17,216 €6,051 -€11,166 -64.9%
Tangible fixed assets 22/27 €17,216 €6,051 -€11,166 -64.9%
Furniture and vehicles 24 €420 €6,051 +€5,631 +1341.4%
Leasing and similar rights 25 €16,797 €0 -€16,797 -100.0%
Current assets 29/58 €99,293 €187,345 +€88,052 +88.7%
Amounts receivable within one year 40/41 €55,122 €17,461 -€37,661 -68.3%
Trade receivables 40 €51,060 €15,721 -€35,339 -69.2%
Other amounts receivable 41 €4,062 €1,741 -€2,322 -57.2%
Cash at bank and in hand 54/58 €42,625 €167,460 +€124,835 +292.9%
Deferred charges and accrued income 490/1 €1,546 €2,423 +€877 +56.8%
Total equity and liabilities 10/49 €116,509 €193,395 +€76,886 +66.0%
Equity 10/15 €82,481 €105,376 +€22,894 +27.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 - €10,894 +€10,894
Distributable reserves 133 - €10,894 +€10,894
Profit (loss) carried forward 14 €63,881 €75,881 +€12,000 +18.8%
Amounts payable 17/49 €34,028 €88,020 +€53,992 +158.7%
Amounts payable after more than one year 17 €4,793 €23,216 +€18,423 +384.4%
Financial debts 170/4 €4,793 €23,216 +€18,423 +384.4%
Amounts payable within one year 42/48 €29,235 €64,804 +€35,569 +121.7%
Current portion of amounts payable after more than one year 42 €11,834 €16,356 +€4,523 +38.2%
Trade debts 44 €109 €2,606 +€2,497 +2299.2%
Suppliers 440/4 €109 €2,606 +€2,497 +2299.2%
Taxes, remuneration and social security 45 €3,005 €14,792 +€11,787 +392.2%
Taxes 450/3 €3,005 €14,792 +€11,787 +392.2%
Other amounts payable 47/48 €14,288 €31,050 +€16,762 +117.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,277 €419 -€13,858 -97.1%
Other operating charges 640/8 €2,377 €2,915 +€538 +22.7%
Gross operating margin 9900 €32,954 €75,164 +€42,209 +128.1%
Operating profit (loss) 9901 €16,301 €71,829 +€55,529 +340.6%
Financial charges 65/66B €607 €2,655 +€2,048 +337.7%
Recurring financial charges 65 €607 €2,655 +€2,048 +337.7%
Profit (loss) for the period before taxes 9903 €15,694 €69,175 +€53,481 +340.8%
Income taxes 67/77 €3,638 €15,231 +€11,593 +318.7%
Profit (loss) for the period 9904 €12,056 €53,944 +€41,888 +347.4%
Profit (loss) for the period to be appropriated 9905 €12,056 €53,944 +€41,888 +347.4%

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 12 October 2026 via checked.be.