FEYEN SERVICES: 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.
FEYEN SERVICES
Largest movements
- Tangible fixed assets -€135,045
down €135,045 (-35.1%), from €384,417 to €249,373
of which Leasing and similar rights: -€88,154
- Receivables within one year -€44,447
down €44,447 (-59.4%), from €74,780 to €30,333
of which Other amounts receivable: -€25,606
- Stocks and contracts -€10,557
down €10,557 (-24.6%), from €43,001 to €32,444
- Debts after one year -€96,156
down €96,156 (-41.6%), from €231,384 to €135,228
- Profit (loss) carried forward -€79,246
down €79,246, from €12,653 to -€66,593
- Current portion of long-term debt -€19,049
down €19,049 (-16.5%), from €115,205 to €96,156
- Trade debts -€5,927
down €5,927 (-5.3%), from €112,891 to €106,963
- Gross operating margin -€19,903
down €19,903 (-19.9%), from €100,163 to €80,260
- Staff costs -€11,148
down €11,148, from €11,058 to -€90
- Depreciation +€7,418
up €7,418 (+5.6%), from €131,614 to €139,031
- Other operating charges -€1,894
down €1,894 (-45.1%), from €4,202 to €2,308
- Financial charges -€1,218
down €1,218 (-6.3%), from €19,215 to €17,997
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €504,453 | €314,281 | -€190,173 | -37.7% |
| Fixed assets | 21/28 | €384,417 | €249,373 | -€135,045 | -35.1% |
| Tangible fixed assets | 22/27 | €384,417 | €249,373 | -€135,045 | -35.1% |
| Land and buildings | 22 | €2,288 | €893 | -€1,394 | -60.9% |
| Plant, machinery and equipment | 23 | €95,147 | €58,541 | -€36,607 | -38.5% |
| Furniture and vehicles | 24 | €17,679 | €8,790 | -€8,889 | -50.3% |
| Leasing and similar rights | 25 | €269,303 | €181,149 | -€88,154 | -32.7% |
| Current assets | 29/58 | €120,036 | €64,908 | -€55,128 | -45.9% |
| Stocks and contracts in progress | 3 | €43,001 | €32,444 | -€10,557 | -24.6% |
| Stocks | 30/36 | €43,001 | €32,444 | -€10,557 | -24.6% |
| Amounts receivable within one year | 40/41 | €74,780 | €30,333 | -€44,447 | -59.4% |
| Trade receivables | 40 | €47,522 | €28,681 | -€18,841 | -39.6% |
| Other amounts receivable | 41 | €27,258 | €1,653 | -€25,606 | -93.9% |
| Deferred charges and accrued income | 490/1 | €2,254 | €2,131 | -€124 | -5.5% |
| Total equity and liabilities | 10/49 | €504,453 | €314,281 | -€190,173 | -37.7% |
| Equity | 10/15 | €16,653 | -€62,593 | -€79,246 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,653 | -€66,593 | -€79,246 | |
| Amounts payable | 17/49 | €487,800 | €376,874 | -€110,926 | -22.7% |
| Amounts payable after more than one year | 17 | €231,384 | €135,228 | -€96,156 | -41.6% |
| Financial debts | 170/4 | €231,384 | €135,228 | -€96,156 | -41.6% |
| Amounts payable within one year | 42/48 | €256,415 | €239,912 | -€16,503 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €115,205 | €96,156 | -€19,049 | -16.5% |
| Financial debts | 43 | €23,368 | €26,666 | +€3,298 | +14.1% |
| Credit institutions | 430/8 | €23,368 | €26,666 | +€3,298 | +14.1% |
| Trade debts | 44 | €112,891 | €106,963 | -€5,927 | -5.3% |
| Suppliers | 440/4 | €112,891 | €106,963 | -€5,927 | -5.3% |
| Taxes, remuneration and social security | 45 | €4,952 | €6,693 | +€1,742 | +35.2% |
| Taxes | 450/3 | €4,162 | €2,193 | -€1,969 | -47.3% |
| Remuneration and social security | 454/9 | €789 | €4,500 | +€3,711 | +470.2% |
| Other amounts payable | 47/48 | - | €3,433 | +€3,433 | |
| Accrued charges and deferred income | 492/3 | - | €1,733 | +€1,733 | |
| Non-recurring operating income | 76A | €1,990 | €16,638 | +€14,648 | +736.1% |
| Remuneration, social security and pensions | 62 | €11,058 | -€90 | -€11,148 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,614 | €139,031 | +€7,418 | +5.6% |
| Other operating charges | 640/8 | €4,202 | €2,308 | -€1,894 | -45.1% |
| Gross operating margin | 9900 | €100,163 | €80,260 | -€19,903 | -19.9% |
| Operating profit (loss) | 9901 | -€46,710 | -€60,989 | -€14,279 | -30.6% |
| Financial income | 75/76B | €72 | €7 | -€64 | -89.6% |
| Recurring financial income | 75 | €72 | €7 | -€64 | -89.6% |
| Financial charges | 65/66B | €19,215 | €17,997 | -€1,218 | -6.3% |
| Recurring financial charges | 65 | €19,215 | €17,997 | -€1,218 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€65,854 | -€78,979 | -€13,125 | -19.9% |
| Income taxes | 67/77 | €328 | €267 | -€60 | -18.4% |
| Profit (loss) for the period | 9904 | -€66,181 | -€79,246 | -€13,065 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,181 | -€79,246 | -€13,065 | -19.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.