Feyen.Ai: 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.
Feyen.Ai
Largest movements
- Cash +€34,239
up €34,239 (+112%), from €30,703 to €64,942
mainly Net result for the year (+€22,826) and Contributions, distributions and other (+€13,998)
- Receivables within one year -€3,869
down €3,869 (-19.1%), from €20,300 to €16,431
- Tangible fixed assets +€2,079
up €2,079 (+7.2%), from €28,881 to €30,960
of which Furniture and vehicles: +€2,396
- Reserves +€22,826
up €22,826 (+48.2%), from €47,396 to €70,222
- Profit (loss) carried forward +€13,998
new in 2025: €13,998
- Current portion of long-term debt -€8,606
no longer reported in 2025 (was €8,606)
- Other debts +€6,311
up €6,311 (+565%), from €1,118 to €7,429
- Tax, wage and social debts -€5,266
down €5,266 (-23.9%), from €22,026 to €16,760
- Depreciation -€11,083
down €11,083 (-48.2%), from €23,002 to €11,919
- Gross operating margin -€9,407
down €9,407 (-15.8%), from €59,426 to €50,019
- Taxes +€4,812
up €4,812 (+50.2%), from €9,592 to €14,404
- Financial charges -€744
down €744 (-66.7%), from €1,115 to €372
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 | €79,884 | €112,359 | +€32,476 | +40.7% |
| Fixed assets | 21/28 | €28,881 | €30,960 | +€2,079 | +7.2% |
| Tangible fixed assets | 22/27 | €28,881 | €30,960 | +€2,079 | +7.2% |
| Plant, machinery and equipment | 23 | €861 | €544 | -€317 | -36.8% |
| Furniture and vehicles | 24 | €28,020 | €30,416 | +€2,396 | +8.6% |
| Current assets | 29/58 | €51,003 | €81,399 | +€30,397 | +59.6% |
| Amounts receivable within one year | 40/41 | €20,300 | €16,431 | -€3,869 | -19.1% |
| Trade receivables | 40 | €20,300 | €16,431 | -€3,869 | -19.1% |
| Cash at bank and in hand | 54/58 | €30,703 | €64,942 | +€34,239 | +112% |
| Deferred charges and accrued income | 490/1 | - | €27 | +€27 | |
| Total equity and liabilities | 10/49 | €79,884 | €112,359 | +€32,476 | +40.7% |
| Equity | 10/15 | €47,396 | €84,220 | +€36,824 | +77.7% |
| Reserves | 13 | €47,396 | €70,222 | +€22,826 | +48.2% |
| Distributable reserves | 133 | €47,396 | €70,222 | +€22,826 | +48.2% |
| Profit (loss) carried forward | 14 | - | €13,998 | +€13,998 | |
| Amounts payable | 17/49 | €32,488 | €28,139 | -€4,349 | -13.4% |
| Amounts payable within one year | 42/48 | €32,488 | €28,139 | -€4,349 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €8,606 | - | -€8,606 | |
| Trade debts | 44 | €738 | €3,949 | +€3,212 | +435% |
| Suppliers | 440/4 | €738 | €3,949 | +€3,212 | +435% |
| Taxes, remuneration and social security | 45 | €22,026 | €16,760 | -€5,266 | -23.9% |
| Taxes | 450/3 | €22,026 | €16,760 | -€5,266 | -23.9% |
| Other amounts payable | 47/48 | €1,118 | €7,429 | +€6,311 | +565% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,002 | €11,919 | -€11,083 | -48.2% |
| Other operating charges | 640/8 | €670 | €497 | -€173 | -25.8% |
| Gross operating margin | 9900 | €59,426 | €50,019 | -€9,407 | -15.8% |
| Operating profit (loss) | 9901 | €35,754 | €37,603 | +€1,849 | +5.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +400% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +400% |
| Financial charges | 65/66B | €1,115 | €372 | -€744 | -66.7% |
| Recurring financial charges | 65 | €1,115 | €372 | -€744 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €34,639 | €37,231 | +€2,592 | +7.5% |
| Income taxes | 67/77 | €9,592 | €14,404 | +€4,812 | +50.2% |
| Profit (loss) for the period | 9904 | €25,046 | €22,826 | -€2,220 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,046 | €22,826 | -€2,220 | -8.9% |
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 26 October 2026 via checked.be.