FIERION: 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.
FIERION
Largest movements
- Tangible fixed assets -€42,822
down €42,822 (-19.9%), from €215,418 to €172,596
- Receivables within one year +€37,138
up €37,138 (+38.2%), from €97,102 to €134,240
of which Other amounts receivable: +€34,576
- Cash +€22,927
up €22,927 (+127%), from €18,109 to €41,036
mainly Net result for the year (+€80,606) and Depreciation (+€62,513)
- Profit (loss) carried forward +€80,606
up €80,606 (+34.3%), from €235,220 to €315,827
- Other debts -€23,615
down €23,615 (-91.4%), from €25,825 to €2,211
- Debts after one year -€22,280
down €22,280 (-13.4%), from €166,456 to €144,176
of which Financial debts: -€22,280
- Trade debts -€16,866
down €16,866 (-36.7%), from €45,918 to €29,052
- Current portion of long-term debt -€13,570
down €13,570 (-37.9%), from €35,850 to €22,280
- Gross operating margin +€100,360
up €100,360 (+19.2%), from €523,546 to €623,905
- Taxes +€16,959
up €16,959 (+303%), from €5,596 to €22,555
- Staff costs +€16,456
up €16,456 (+3.8%), from €433,071 to €449,527
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 | €580,242 | €594,858 | +€14,616 | +2.5% |
| Fixed assets | 21/28 | €218,528 | €173,206 | -€45,322 | -20.7% |
| Intangible fixed assets | 21 | €3,110 | €610 | -€2,500 | -80.4% |
| Tangible fixed assets | 22/27 | €215,418 | €172,596 | -€42,822 | -19.9% |
| Land and buildings | 22 | €25,253 | €24,571 | -€682 | -2.7% |
| Plant, machinery and equipment | 23 | €64,147 | €51,027 | -€13,120 | -20.5% |
| Furniture and vehicles | 24 | €33,072 | €20,897 | -€12,176 | -36.8% |
| Leasing and similar rights | 25 | €4,460 | €1,359 | -€3,101 | -69.5% |
| Other tangible fixed assets | 26 | €88,486 | €74,742 | -€13,744 | -15.5% |
| Current assets | 29/58 | €361,714 | €421,652 | +€59,938 | +16.6% |
| Amounts receivable after more than one year | 29 | €246,000 | €246,000 | = | 0.0% |
| Other amounts receivable | 291 | €246,000 | €246,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €97,102 | €134,240 | +€37,138 | +38.2% |
| Trade receivables | 40 | €1,926 | €4,488 | +€2,561 | +133% |
| Other amounts receivable | 41 | €95,176 | €129,752 | +€34,576 | +36.3% |
| Cash at bank and in hand | 54/58 | €18,109 | €41,036 | +€22,927 | +127% |
| Deferred charges and accrued income | 490/1 | €503 | €376 | -€127 | -25.2% |
| Total equity and liabilities | 10/49 | €580,242 | €594,858 | +€14,616 | +2.5% |
| Equity | 10/15 | €237,220 | €317,827 | +€80,606 | +34.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,220 | €315,827 | +€80,606 | +34.3% |
| Amounts payable | 17/49 | €343,021 | €277,031 | -€65,990 | -19.2% |
| Amounts payable after more than one year | 17 | €166,456 | €144,176 | -€22,280 | -13.4% |
| Financial debts | 170/4 | €116,456 | €94,176 | -€22,280 | -19.1% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €176,565 | €132,855 | -€43,710 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €35,850 | €22,280 | -€13,570 | -37.9% |
| Trade debts | 44 | €45,918 | €29,052 | -€16,866 | -36.7% |
| Suppliers | 440/4 | €45,918 | €29,052 | -€16,866 | -36.7% |
| Taxes, remuneration and social security | 45 | €68,972 | €79,313 | +€10,341 | +15.0% |
| Taxes | 450/3 | €22,139 | €31,684 | +€9,545 | +43.1% |
| Remuneration and social security | 454/9 | €46,833 | €47,629 | +€796 | +1.7% |
| Other amounts payable | 47/48 | €25,825 | €2,211 | -€23,615 | -91.4% |
| Remuneration, social security and pensions | 62 | €433,071 | €449,527 | +€16,456 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,764 | €62,513 | -€252 | -0.4% |
| Other operating charges | 640/8 | €563 | €3,978 | +€3,415 | +607% |
| Gross operating margin | 9900 | €523,546 | €623,905 | +€100,360 | +19.2% |
| Operating profit (loss) | 9901 | €27,147 | €107,887 | +€80,740 | +297% |
| Financial income | 75/76B | €2,258 | €5,515 | +€3,257 | +144% |
| Recurring financial income | 75 | €2,258 | €5,515 | +€3,257 | +144% |
| Financial charges | 65/66B | €10,644 | €10,241 | -€403 | -3.8% |
| Recurring financial charges | 65 | €10,644 | €10,241 | -€403 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €18,762 | €103,162 | +€84,400 | +450% |
| Income taxes | 67/77 | €5,596 | €22,555 | +€16,959 | +303% |
| Profit (loss) for the period | 9904 | €13,165 | €80,606 | +€67,441 | +512% |
| Profit (loss) for the period to be appropriated | 9905 | €13,165 | €80,606 | +€67,441 | +512% |
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 17 October 2026 via checked.be.