FEYS SIMON: 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.
FEYS SIMON
Largest movements
- Stocks and contracts +€78,005
up €78,005 (+168.1%), from €46,400 to €124,405
- Receivables within one year +€67,461
up €67,461 (+79.4%), from €84,937 to €152,398
of which Trade receivables: +€67,457
- Cash +€36,514
up €36,514 (+21.0%), from €174,098 to €210,612
mainly Net result for the year (+€135,019) and Trade debts (+€63,216)
- Tangible fixed assets +€12,876
up €12,876 (+2.4%), from €538,646 to €551,522
of which Land and buildings: +€15,535
- Profit (loss) carried forward +€135,019
up €135,019 (+96.1%), from €140,512 to €275,530
- Trade debts +€63,216
up €63,216 (+37.3%), from €169,370 to €232,585
- Tax, wage and social debts +€51,005
up €51,005 (+131.5%), from €38,780 to €89,785
of which Taxes: +€43,818
- Debts after one year -€34,959
down €34,959 (-9.7%), from €361,028 to €326,068
- Other debts -€30,934
down €30,934 (-34.3%), from €90,165 to €59,231
- Gross operating margin +€90,746
up €90,746 (+45.2%), from €200,662 to €291,408
- Taxes +€18,998
up €18,998 (+106.3%), from €17,871 to €36,869
- Staff costs +€13,807
up €13,807 (+35.8%), from €38,584 to €52,391
- Depreciation +€12,464
up €12,464 (+31.4%), from €39,668 to €52,132
- Financial income +€5,175
up €5,175 (+356.5%), from €1,451 to €6,626
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
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 | €853,009 | €1,046,797 | +€193,787 | +22.7% |
| Fixed assets | 21/28 | €538,646 | €551,522 | +€12,876 | +2.4% |
| Tangible fixed assets | 22/27 | €538,646 | €551,522 | +€12,876 | +2.4% |
| Land and buildings | 22 | €470,771 | €486,306 | +€15,535 | +3.3% |
| Plant, machinery and equipment | 23 | €29,133 | €33,861 | +€4,728 | +16.2% |
| Furniture and vehicles | 24 | €38,742 | €31,355 | -€7,387 | -19.1% |
| Current assets | 29/58 | €314,364 | €495,275 | +€180,911 | +57.5% |
| Stocks and contracts in progress | 3 | €46,400 | €124,405 | +€78,005 | +168.1% |
| Stocks | 30/36 | €46,400 | €124,405 | +€78,005 | +168.1% |
| Amounts receivable within one year | 40/41 | €84,937 | €152,398 | +€67,461 | +79.4% |
| Trade receivables | 40 | €84,937 | €152,394 | +€67,457 | +79.4% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €174,098 | €210,612 | +€36,514 | +21.0% |
| Deferred charges and accrued income | 490/1 | €8,929 | €7,860 | -€1,069 | -12.0% |
| Total equity and liabilities | 10/49 | €853,009 | €1,046,797 | +€193,787 | +22.7% |
| Equity | 10/15 | €150,512 | €285,530 | +€135,019 | +89.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,512 | €275,530 | +€135,019 | +96.1% |
| Amounts payable | 17/49 | €702,497 | €761,266 | +€58,769 | +8.4% |
| Amounts payable after more than one year | 17 | €361,028 | €326,068 | -€34,959 | -9.7% |
| Financial debts | 170/4 | €361,028 | €326,068 | -€34,959 | -9.7% |
| Amounts payable within one year | 42/48 | €341,380 | €434,852 | +€93,472 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €43,066 | €53,251 | +€10,185 | +23.6% |
| Trade debts | 44 | €169,370 | €232,585 | +€63,216 | +37.3% |
| Suppliers | 440/4 | €169,370 | €232,585 | +€63,216 | +37.3% |
| Taxes, remuneration and social security | 45 | €38,780 | €89,785 | +€51,005 | +131.5% |
| Taxes | 450/3 | €30,433 | €74,251 | +€43,818 | +144.0% |
| Remuneration and social security | 454/9 | €8,347 | €15,534 | +€7,187 | +86.1% |
| Other amounts payable | 47/48 | €90,165 | €59,231 | -€30,934 | -34.3% |
| Accrued charges and deferred income | 492/3 | €90 | €346 | +€256 | +284.4% |
| Remuneration, social security and pensions | 62 | €38,584 | €52,391 | +€13,807 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,668 | €52,132 | +€12,464 | +31.4% |
| Other operating charges | 640/8 | €567 | €1,399 | +€832 | +146.8% |
| Gross operating margin | 9900 | €200,662 | €291,408 | +€90,746 | +45.2% |
| Operating profit (loss) | 9901 | €121,843 | €185,486 | +€63,643 | +52.2% |
| Financial income | 75/76B | €1,451 | €6,626 | +€5,175 | +356.5% |
| Recurring financial income | 75 | €1,451 | €6,626 | +€5,175 | +356.5% |
| Financial charges | 65/66B | €17,959 | €20,224 | +€2,266 | +12.6% |
| Recurring financial charges | 65 | €17,959 | €20,224 | +€2,266 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €105,336 | €171,888 | +€66,551 | +63.2% |
| Income taxes | 67/77 | €17,871 | €36,869 | +€18,998 | +106.3% |
| Profit (loss) for the period | 9904 | €87,466 | €135,019 | +€47,553 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €87,466 | €135,019 | +€47,553 | +54.4% |
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 3 October 2026 via checked.be.