FEYFER: 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.
FEYFER
Largest movements
- Stocks and contracts +€1.2m
up €1.2m (+82.4%), from €1.5m to €2.7m
- Cash -€263,479
down €263,479 (-74.8%), from €352,357 to €88,878
mainly Stocks and contracts (-€1.2m) and Investment in fixed assets (net) (-€250,710)
- Financial fixed assets +€250,710
up €250,710 (+33428.0%), from €750 to €251,460
- Receivables within one year -€203,743
down €203,743 (-21.6%), from €944,441 to €740,698
of which Other amounts receivable: -€163,273
- Receivables after one year -€84,152
down €84,152 (-100.0%), from €84,152 to €0
- Advances received +€511,167
new in 2024: €511,167
- Short-term financial debts +€250,508
up €250,508 (+12.0%), from €2.1m to €2.3m
- Trade debts +€162,505
up €162,505 (+1514.6%), from €10,729 to €173,234
- Profit (loss) carried forward -€141,428
down €141,428, from €98,750 to -€42,678
- Other debts +€137,361
up €137,361, from €0 to €137,361
- Other operating charges +€231,220
up €231,220 (+7348.4%), from €3,147 to €234,366
- Gross operating margin +€196,895
up €196,895 (+258.7%), from €76,113 to €273,007
- Financial charges +€98,005
up €98,005 (+119.3%), from €82,120 to €180,125
- Financial income -€29,542
down €29,542 (-99.8%), from €29,598 to €56
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,876,048 | €3,813,708 | +€937,660 | +32.6% |
| Fixed assets | 21/28 | €750 | €251,460 | +€250,710 | +33428.0% |
| Financial fixed assets | 28 | €750 | €251,460 | +€250,710 | +33428.0% |
| Current assets | 29/58 | €2,875,298 | €3,562,248 | +€686,951 | +23.9% |
| Amounts receivable after more than one year | 29 | €84,152 | €0 | -€84,152 | -100.0% |
| Other amounts receivable | 291 | €84,152 | €0 | -€84,152 | -100.0% |
| Stocks and contracts in progress | 3 | €1,492,853 | €2,723,562 | +€1.2m | +82.4% |
| Contracts in progress | 37 | €1,492,853 | €2,723,562 | +€1.2m | +82.4% |
| Amounts receivable within one year | 40/41 | €944,441 | €740,698 | -€203,743 | -21.6% |
| Trade receivables | 40 | €89,684 | €49,214 | -€40,470 | -45.1% |
| Other amounts receivable | 41 | €854,757 | €691,484 | -€163,273 | -19.1% |
| Cash at bank and in hand | 54/58 | €352,357 | €88,878 | -€263,479 | -74.8% |
| Deferred charges and accrued income | 490/1 | €1,495 | €9,110 | +€7,616 | +509.6% |
| Total equity and liabilities | 10/49 | €2,876,048 | €3,813,708 | +€937,660 | +32.6% |
| Equity | 10/15 | €784,527 | €643,100 | -€141,428 | -18.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €623,777 | €623,777 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €617,577 | €617,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,750 | -€42,678 | -€141,428 | |
| Amounts payable | 17/49 | €2,091,520 | €3,170,609 | +€1.1m | +51.6% |
| Amounts payable within one year | 42/48 | €2,091,520 | €3,170,609 | +€1.1m | +51.6% |
| Financial debts | 43 | €2,080,331 | €2,330,839 | +€250,508 | +12.0% |
| Credit institutions | 430/8 | €2,080,331 | €2,330,839 | +€250,508 | +12.0% |
| Trade debts | 44 | €10,729 | €173,234 | +€162,505 | +1514.6% |
| Suppliers | 440/4 | €10,729 | €173,234 | +€162,505 | +1514.6% |
| Advances received on contracts in progress | 46 | - | €511,167 | +€511,167 | |
| Taxes, remuneration and social security | 45 | €461 | €18,008 | +€17,547 | +3806.3% |
| Taxes | 450/3 | €461 | €18,008 | +€17,547 | +3806.3% |
| Other amounts payable | 47/48 | €0 | €137,361 | +€137,361 | |
| Other operating charges | 640/8 | €3,147 | €234,366 | +€231,220 | +7348.4% |
| Gross operating margin | 9900 | €76,113 | €273,007 | +€196,895 | +258.7% |
| Operating profit (loss) | 9901 | €72,966 | €38,641 | -€34,325 | -47.0% |
| Financial income | 75/76B | €29,598 | €56 | -€29,542 | -99.8% |
| Recurring financial income | 75 | €29,598 | €56 | -€29,542 | -99.8% |
| Financial charges | 65/66B | €82,120 | €180,125 | +€98,005 | +119.3% |
| Recurring financial charges | 65 | €82,120 | €180,125 | +€98,005 | +119.3% |
| Profit (loss) for the period before taxes | 9903 | €20,444 | -€141,428 | -€161,872 | |
| Income taxes | 67/77 | €386 | €0 | -€386 | -100.0% |
| Profit (loss) for the period | 9904 | €20,057 | -€141,428 | -€161,485 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,057 | -€141,428 | -€161,485 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.