FIELE: 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.
FIELE
Largest movements
- Receivables within one year +€26,236
up €26,236 (+103%), from €25,361 to €51,597
of which Trade receivables: +€30,771
- Tangible fixed assets +€8,096
up €8,096 (+3.9%), from €209,180 to €217,276
of which Leasing and similar rights: +€12,048
- Reserves +€21,456
up €21,456 (+103%), from €20,820 to €42,276
of which Distributable reserves: +€21,456
- Other debts +€15,424
up €15,424 (+43.5%), from €35,482 to €50,906
- Trade debts -€7,891
down €7,891 (-70.4%), from €11,207 to €3,315
- Debts after one year -€7,012
down €7,012 (-4.3%), from €164,137 to €157,125
- Tax, wage and social debts +€5,912
up €5,912 (+49.5%), from €11,948 to €17,860
of which Taxes: +€6,670
- Gross operating margin +€41,495
up €41,495 (+60.2%), from €68,963 to €110,458
- Staff costs +€15,586
up €15,586 (+48.6%), from €32,087 to €47,673
- Taxes +€8,331
up €8,331 (+276%), from €3,015 to €11,346
- Depreciation +€1,929
up €1,929 (+14.4%), from €13,377 to €15,306
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 | €267,222 | €300,020 | +€32,798 | +12.3% |
| Fixed assets | 21/28 | €209,180 | €217,276 | +€8,096 | +3.9% |
| Tangible fixed assets | 22/27 | €209,180 | €217,276 | +€8,096 | +3.9% |
| Land and buildings | 22 | €170,334 | €173,130 | +€2,796 | +1.6% |
| Plant, machinery and equipment | 23 | €7,034 | €6,974 | -€59 | -0.8% |
| Furniture and vehicles | 24 | €31,812 | €25,123 | -€6,689 | -21.0% |
| Leasing and similar rights | 25 | - | €12,048 | +€12,048 | |
| Current assets | 29/58 | €58,043 | €82,744 | +€24,702 | +42.6% |
| Stocks and contracts in progress | 3 | €5,051 | €2,356 | -€2,695 | -53.4% |
| Stocks | 30/36 | €5,051 | €2,356 | -€2,695 | -53.4% |
| Amounts receivable within one year | 40/41 | €25,361 | €51,597 | +€26,236 | +103% |
| Trade receivables | 40 | €20,826 | €51,597 | +€30,771 | +148% |
| Other amounts receivable | 41 | €4,536 | - | -€4,536 | |
| Cash at bank and in hand | 54/58 | €22,005 | €23,348 | +€1,343 | +6.1% |
| Deferred charges and accrued income | 490/1 | €5,626 | €5,444 | -€182 | -3.2% |
| Total equity and liabilities | 10/49 | €267,222 | €300,020 | +€32,798 | +12.3% |
| Equity | 10/15 | €26,327 | €47,783 | +€21,456 | +81.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,820 | €42,276 | +€21,456 | +103% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,960 | €40,416 | +€21,456 | +113% |
| Profit (loss) carried forward | 14 | -€13,092 | -€13,092 | = | 0.0% |
| Amounts payable | 17/49 | €240,895 | €252,237 | +€11,342 | +4.7% |
| Amounts payable after more than one year | 17 | €164,137 | €157,125 | -€7,012 | -4.3% |
| Financial debts | 170/4 | €164,137 | €157,125 | -€7,012 | -4.3% |
| Amounts payable within one year | 42/48 | €72,755 | €90,751 | +€17,995 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €14,119 | €18,669 | +€4,550 | +32.2% |
| Trade debts | 44 | €11,207 | €3,315 | -€7,891 | -70.4% |
| Suppliers | 440/4 | €11,207 | €3,315 | -€7,891 | -70.4% |
| Taxes, remuneration and social security | 45 | €11,948 | €17,860 | +€5,912 | +49.5% |
| Taxes | 450/3 | €7,925 | €14,595 | +€6,670 | +84.2% |
| Remuneration and social security | 454/9 | €4,023 | €3,265 | -€757 | -18.8% |
| Other amounts payable | 47/48 | €35,482 | €50,906 | +€15,424 | +43.5% |
| Accrued charges and deferred income | 492/3 | €4,003 | €4,361 | +€358 | +8.9% |
| Remuneration, social security and pensions | 62 | €32,087 | €47,673 | +€15,586 | +48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,377 | €15,306 | +€1,929 | +14.4% |
| Other operating charges | 640/8 | €3,083 | €2,882 | -€201 | -6.5% |
| Gross operating margin | 9900 | €68,963 | €110,458 | +€41,495 | +60.2% |
| Operating profit (loss) | 9901 | €20,416 | €44,598 | +€24,182 | +118% |
| Financial income | 75/76B | €59 | €0 | -€59 | -99.2% |
| Recurring financial income | 75 | €59 | €0 | -€59 | -99.2% |
| Financial charges | 65/66B | €12,212 | €11,796 | -€416 | -3.4% |
| Recurring financial charges | 65 | €12,212 | €11,796 | -€416 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €8,262 | €32,802 | +€24,540 | +297% |
| Income taxes | 67/77 | €3,015 | €11,346 | +€8,331 | +276% |
| Profit (loss) for the period | 9904 | €5,247 | €21,456 | +€16,209 | +309% |
| Profit (loss) for the period to be appropriated | 9905 | €5,247 | €21,456 | +€16,209 | +309% |
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 13 October 2026 via checked.be.