FIREAN: 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.
FIREAN
Largest movements
- Tangible fixed assets -€11,479
down €11,479 (-26.2%), from €43,894 to €32,414
of which Plant, machinery and equipment: -€9,784
- Cash +€9,335
up €9,335 (+23.2%), from €40,189 to €49,524
mainly Debts after one year (+€77,384) and Net result for the year (+€23,861)
- Deferred charges and accrued income -€6,173
down €6,173 (-46.7%), from €13,222 to €7,048
- Receivables within one year +€6,006
up €6,006 (+168.3%), from €3,570 to €9,576
of which Trade receivables: +€4,402
- Stocks and contracts -€2,603
down €2,603 (-4.4%), from €58,754 to €56,151
- Debts after one year +€77,384
up €77,384 (+66.3%), from €116,765 to €194,149
of which Financial debts: +€77,384
- Other debts -€75,178
down €75,178 (-89.4%), from €84,128 to €8,950
- Trade debts -€42,978
down €42,978 (-58.8%), from €73,058 to €30,080
- Profit (loss) carried forward +€23,861
up €23,861 (+10.2%), from -€234,151 to -€210,289
- Current portion of long-term debt +€11,849
up €11,849 (+209.9%), from €5,646 to €17,495
- Gross operating margin +€101,447
up €101,447 (+64.1%), from €158,257 to €259,705
- Staff costs -€4,552
down €4,552 (-2.0%), from €225,901 to €221,348
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 | €169,701 | €164,786 | -€4,915 | -2.9% |
| Fixed assets | 21/28 | €43,944 | €32,414 | -€11,529 | -26.2% |
| Tangible fixed assets | 22/27 | €43,894 | €32,414 | -€11,479 | -26.2% |
| Plant, machinery and equipment | 23 | €41,629 | €31,846 | -€9,784 | -23.5% |
| Furniture and vehicles | 24 | €2,264 | €569 | -€1,696 | -74.9% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €125,757 | €132,372 | +€6,615 | +5.3% |
| Amounts receivable after more than one year | 29 | - | €50 | +€50 | |
| Other amounts receivable | 291 | - | €50 | +€50 | |
| Stocks and contracts in progress | 3 | €58,754 | €56,151 | -€2,603 | -4.4% |
| Stocks | 30/36 | €58,754 | €56,151 | -€2,603 | -4.4% |
| Amounts receivable within one year | 40/41 | €3,570 | €9,576 | +€6,006 | +168.3% |
| Trade receivables | 40 | €3,011 | €7,413 | +€4,402 | +146.2% |
| Other amounts receivable | 41 | €558 | €2,163 | +€1,604 | +287.4% |
| Current investments | 50/53 | €10,023 | €10,023 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,189 | €49,524 | +€9,335 | +23.2% |
| Deferred charges and accrued income | 490/1 | €13,222 | €7,048 | -€6,173 | -46.7% |
| Total equity and liabilities | 10/49 | €169,701 | €164,786 | -€4,915 | -2.9% |
| Equity | 10/15 | -€147,121 | -€123,259 | +€23,861 | +16.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €25,030 | €25,030 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,830 | €18,830 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€234,151 | -€210,289 | +€23,861 | +10.2% |
| Amounts payable | 17/49 | €316,821 | €288,045 | -€28,776 | -9.1% |
| Amounts payable after more than one year | 17 | €116,765 | €194,149 | +€77,384 | +66.3% |
| Financial debts | 170/4 | €111,930 | €189,314 | +€77,384 | +69.1% |
| Other amounts payable | 178/9 | €4,835 | €4,835 | = | 0.0% |
| Amounts payable within one year | 42/48 | €200,057 | €93,897 | -€106,160 | -53.1% |
| Current portion of amounts payable after more than one year | 42 | €5,646 | €17,495 | +€11,849 | +209.9% |
| Trade debts | 44 | €73,058 | €30,080 | -€42,978 | -58.8% |
| Suppliers | 440/4 | €73,058 | €30,080 | -€42,978 | -58.8% |
| Taxes, remuneration and social security | 45 | €37,225 | €37,371 | +€147 | +0.4% |
| Taxes | 450/3 | €4,909 | €6,474 | +€1,565 | +31.9% |
| Remuneration and social security | 454/9 | €32,316 | €30,897 | -€1,418 | -4.4% |
| Other amounts payable | 47/48 | €84,128 | €8,950 | -€75,178 | -89.4% |
| Remuneration, social security and pensions | 62 | €225,901 | €221,348 | -€4,552 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,984 | €11,479 | -€505 | -4.2% |
| Other operating charges | 640/8 | €1,377 | €1,388 | +€11 | +0.8% |
| Gross operating margin | 9900 | €158,257 | €259,705 | +€101,447 | +64.1% |
| Operating profit (loss) | 9901 | -€81,005 | €25,489 | +€106,493 | |
| Financial income | 75/76B | €86 | €380 | +€295 | +344.0% |
| Recurring financial income | 75 | €86 | €380 | +€295 | +344.0% |
| Financial charges | 65/66B | €1,744 | €1,736 | -€8 | -0.5% |
| Recurring financial charges | 65 | €1,744 | €1,736 | -€8 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€82,663 | €24,133 | +€106,796 | |
| Income taxes | 67/77 | €263 | €272 | +€9 | +3.3% |
| Profit (loss) for the period | 9904 | -€82,926 | €23,861 | +€106,788 | |
| Profit (loss) for the period to be appropriated | 9905 | -€82,926 | €23,861 | +€106,788 |
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 12 October 2026 via checked.be.