Fierens: 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.
Fierens
Largest movements
- Receivables within one year +€26,060
up €26,060 (+31.0%), from €84,055 to €110,115
of which Other amounts receivable: +€30,062
- Cash -€23,655
down €23,655 (-46.0%), from €51,398 to €27,743
mainly Investment in fixed assets (net) (-€48,784) and Contributions, distributions and other (-€38,486)
- Tangible fixed assets +€17,009
up €17,009 (+3.2%), from €531,058 to €548,067
of which Furniture and vehicles: +€42,135
- Other debts +€35,984
new in 2025: €35,984
- Reserves -€19,443
down €19,443 (-3.4%), from €573,425 to €553,982
- Depreciation -€4,520
down €4,520 (-12.4%), from €36,473 to €31,954
- Gross operating margin +€3,238
up €3,238 (+5.5%), from €59,069 to €62,307
- Other operating charges +€913
up €913 (+25.1%), from €3,640 to €4,554
- Taxes +€674
up €674 (+47.8%), from €1,410 to €2,084
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 | €768,036 | €789,046 | +€21,010 | +2.7% |
| Fixed assets | 21/28 | €531,625 | €548,455 | +€16,831 | +3.2% |
| Intangible fixed assets | 21 | €432 | €253 | -€179 | -41.4% |
| Tangible fixed assets | 22/27 | €531,058 | €548,067 | +€17,009 | +3.2% |
| Land and buildings | 22 | €513,802 | €490,704 | -€23,097 | -4.5% |
| Plant, machinery and equipment | 23 | €9,859 | €7,830 | -€2,028 | -20.6% |
| Furniture and vehicles | 24 | €7,398 | €49,533 | +€42,135 | +570% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €236,411 | €240,591 | +€4,180 | +1.8% |
| Stocks and contracts in progress | 3 | €97,897 | €99,564 | +€1,666 | +1.7% |
| Stocks | 30/36 | €97,897 | €99,564 | +€1,666 | +1.7% |
| Amounts receivable within one year | 40/41 | €84,055 | €110,115 | +€26,060 | +31.0% |
| Trade receivables | 40 | €15,343 | €11,340 | -€4,002 | -26.1% |
| Other amounts receivable | 41 | €68,712 | €98,775 | +€30,062 | +43.8% |
| Cash at bank and in hand | 54/58 | €51,398 | €27,743 | -€23,655 | -46.0% |
| Deferred charges and accrued income | 490/1 | €3,061 | €3,169 | +€108 | +3.5% |
| Total equity and liabilities | 10/49 | €768,036 | €789,046 | +€21,010 | +2.7% |
| Equity | 10/15 | €579,630 | €560,187 | -€19,443 | -3.4% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €573,425 | €553,982 | -€19,443 | -3.4% |
| Distributable reserves | 133 | €573,425 | €553,982 | -€19,443 | -3.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €188,406 | €228,859 | +€40,453 | +21.5% |
| Amounts payable after more than one year | 17 | €159,825 | €157,120 | -€2,705 | -1.7% |
| Financial debts | 170/4 | €159,825 | €157,120 | -€2,705 | -1.7% |
| Amounts payable within one year | 42/48 | €28,581 | €70,923 | +€42,343 | +148% |
| Current portion of amounts payable after more than one year | 42 | €17,869 | €24,278 | +€6,408 | +35.9% |
| Trade debts | 44 | €7,995 | €5,668 | -€2,327 | -29.1% |
| Suppliers | 440/4 | €7,995 | €5,668 | -€2,327 | -29.1% |
| Taxes, remuneration and social security | 45 | €2,716 | €4,993 | +€2,277 | +83.8% |
| Taxes | 450/3 | €2,716 | €4,993 | +€2,277 | +83.8% |
| Other amounts payable | 47/48 | - | €35,984 | +€35,984 | |
| Accrued charges and deferred income | 492/3 | - | €816 | +€816 | |
| Remuneration, social security and pensions | 62 | €390 | €390 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,473 | €31,954 | -€4,520 | -12.4% |
| Other operating charges | 640/8 | €3,640 | €4,554 | +€913 | +25.1% |
| Non-recurring operating charges | 66A | €99 | €0 | -€99 | -100% |
| Gross operating margin | 9900 | €59,069 | €62,307 | +€3,238 | +5.5% |
| Operating profit (loss) | 9901 | €18,466 | €25,410 | +€6,944 | +37.6% |
| Financial income | 75/76B | €1 | €1 | +€0 | +5.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +5.0% |
| Financial charges | 65/66B | €4,352 | €4,285 | -€67 | -1.5% |
| Recurring financial charges | 65 | €4,352 | €4,285 | -€67 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €14,116 | €21,126 | +€7,011 | +49.7% |
| Income taxes | 67/77 | €1,410 | €2,084 | +€674 | +47.8% |
| Profit (loss) for the period | 9904 | €12,706 | €19,043 | +€6,337 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,706 | €19,043 | +€6,337 | +49.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.