Feys & Partners: 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.
Feys & Partners
Largest movements
- Receivables within one year +€42,013
up €42,013 (+28.9%), from €145,400 to €187,413
of which Other amounts receivable: +€33,772
- Deferred charges and accrued income +€29,202
up €29,202 (+39.1%), from €74,638 to €103,839
- Tangible fixed assets -€22,802
down €22,802 (-4.2%), from €547,559 to €524,757
of which Land and buildings: -€17,823
- Profit (loss) carried forward +€130,582
up €130,582 (+349%), from €37,377 to €167,959
- Debts after one year -€88,939
down €88,939 (-30.5%), from €291,439 to €202,500
- Trade debts +€53,364
up €53,364 (+49.8%), from €107,121 to €160,485
- Other debts -€45,875
down €45,875 (-37.0%), from €123,960 to €78,085
- Tax, wage and social debts -€27,500
down €27,500 (-19.4%), from €141,744 to €114,245
of which Remuneration and social security: -€21,465
- Gross operating margin +€156,981
up €156,981 (+19.4%), from €808,813 to €965,795
- Staff costs +€69,090
up €69,090 (+12.6%), from €547,479 to €616,570
- Taxes +€27,629
up €27,629 (+81.8%), from €33,766 to €61,395
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 | €970,337 | €1,020,725 | +€50,388 | +5.2% |
| Fixed assets | 21/28 | €548,109 | €525,163 | -€22,946 | -4.2% |
| Intangible fixed assets | 21 | €549 | €405 | -€144 | -26.2% |
| Tangible fixed assets | 22/27 | €547,559 | €524,757 | -€22,802 | -4.2% |
| Land and buildings | 22 | €409,171 | €391,348 | -€17,823 | -4.4% |
| Plant, machinery and equipment | 23 | €125,757 | €129,464 | +€3,707 | +2.9% |
| Furniture and vehicles | 24 | €12,631 | €3,944 | -€8,687 | -68.8% |
| Current assets | 29/58 | €422,229 | €495,563 | +€73,334 | +17.4% |
| Amounts receivable within one year | 40/41 | €145,400 | €187,413 | +€42,013 | +28.9% |
| Trade receivables | 40 | €134,165 | €142,407 | +€8,241 | +6.1% |
| Other amounts receivable | 41 | €11,234 | €45,006 | +€33,772 | +301% |
| Cash at bank and in hand | 54/58 | €202,191 | €204,311 | +€2,120 | +1.0% |
| Deferred charges and accrued income | 490/1 | €74,638 | €103,839 | +€29,202 | +39.1% |
| Total equity and liabilities | 10/49 | €970,337 | €1,020,725 | +€50,388 | +5.2% |
| Equity | 10/15 | €242,485 | €368,842 | +€126,357 | +52.1% |
| Contributions | 10/11 | €53,300 | €53,300 | = | 0.0% |
| Reserves | 13 | €151,808 | €147,583 | -€4,225 | -2.8% |
| Tax-exempt reserves | 132 | €46,478 | €42,253 | -€4,225 | -9.1% |
| Distributable reserves | 133 | €105,330 | €105,330 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,377 | €167,959 | +€130,582 | +349% |
| Provisions and deferred taxes | 16 | €15,476 | €14,069 | -€1,407 | -9.1% |
| Deferred taxes | 168 | €15,476 | €14,069 | -€1,407 | -9.1% |
| Amounts payable | 17/49 | €712,376 | €637,814 | -€74,562 | -10.5% |
| Amounts payable after more than one year | 17 | €291,439 | €202,500 | -€88,939 | -30.5% |
| Financial debts | 170/4 | €291,439 | €202,500 | -€88,939 | -30.5% |
| Amounts payable within one year | 42/48 | €419,617 | €435,314 | +€15,698 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €17,088 | €30,000 | +€12,912 | +75.6% |
| Financial debts | 43 | €29,703 | €52,499 | +€22,796 | +76.7% |
| Credit institutions | 430/8 | €29,703 | €52,499 | +€22,796 | +76.7% |
| Trade debts | 44 | €107,121 | €160,485 | +€53,364 | +49.8% |
| Suppliers | 440/4 | €107,121 | €160,485 | +€53,364 | +49.8% |
| Taxes, remuneration and social security | 45 | €141,744 | €114,245 | -€27,500 | -19.4% |
| Taxes | 450/3 | €51,748 | €45,714 | -€6,034 | -11.7% |
| Remuneration and social security | 454/9 | €89,996 | €68,531 | -€21,465 | -23.9% |
| Other amounts payable | 47/48 | €123,960 | €78,085 | -€45,875 | -37.0% |
| Accrued charges and deferred income | 492/3 | €1,320 | €0 | -€1,320 | -100% |
| Remuneration, social security and pensions | 62 | €547,479 | €616,570 | +€69,090 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,612 | €59,586 | -€2,027 | -3.3% |
| Other operating charges | 640/8 | €9,890 | €8,197 | -€1,693 | -17.1% |
| Gross operating margin | 9900 | €808,813 | €965,795 | +€156,981 | +19.4% |
| Operating profit (loss) | 9901 | €189,831 | €281,442 | +€91,611 | +48.3% |
| Financial income | 75/76B | - | €78 | +€78 | |
| Recurring financial income | 75 | - | €78 | +€78 | |
| Financial charges | 65/66B | €14,251 | €20,450 | +€6,199 | +43.5% |
| Recurring financial charges | 65 | €14,251 | €20,450 | +€6,199 | +43.5% |
| Profit (loss) for the period before taxes | 9903 | €175,581 | €261,070 | +€85,489 | +48.7% |
| Transfer from deferred taxes | 780 | €1,407 | €1,407 | = | 0.0% |
| Income taxes | 67/77 | €33,766 | €61,395 | +€27,629 | +81.8% |
| Profit (loss) for the period | 9904 | €143,222 | €201,082 | +€57,860 | +40.4% |
| Transfer from tax-exempt reserves | 789 | €4,225 | €4,225 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €147,447 | €205,307 | +€57,860 | +39.2% |
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 18 October 2026 via checked.be.