Fjäril: 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.
Fjäril
Largest movements
- Tangible fixed assets -€38,484
down €38,484 (-7.1%), from €539,249 to €500,765
of which Land and buildings: -€39,761
- Receivables within one year -€23,165
down €23,165 (-42.7%), from €54,240 to €31,075
- Deferred charges and accrued income +€12,383
new in 2025: €12,383
- Cash -€10,078
down €10,078 (-22.9%), from €43,998 to €33,920
- Debts within one year -€63,509
down €63,509 (-22.7%), from €279,194 to €215,685
of which Trade debts: -€54,824
- Equity +€41,344
up €41,344 (+14.9%), from €278,094 to €319,438
of which Profit (loss) carried forward: +€41,344
- Debts after one year -€37,179
down €37,179 (-46.3%), from €80,324 to €43,144
- Turnover +€187,855
up €187,855 (+16.5%), from €1.1m to €1.3m
- Purchases and services +€169,851
up €169,851 (+107.3%), from €158,344 to €328,195
- Staff costs +€134,146
up €134,146 (+15.4%), from €873,875 to €1.0m
- Depreciation -€37,165
down €37,165 (-52.9%), from €70,300 to €33,135
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €637,612 | €578,267 | -€59,345 | -9.3% |
| Fixed assets | 21/28 | €539,373 | €500,889 | -€38,484 | -7.1% |
| Tangible fixed assets | 22/27 | €539,249 | €500,765 | -€38,484 | -7.1% |
| Land and buildings | 22 | €536,638 | €496,877 | -€39,761 | -7.4% |
| Plant, machinery and equipment | 23 | €2,611 | €3,888 | +€1,277 | +48.9% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €98,238 | €77,378 | -€20,861 | -21.2% |
| Amounts receivable within one year | 40/41 | €54,240 | €31,075 | -€23,165 | -42.7% |
| Other amounts receivable | 41 | €54,240 | €31,075 | -€23,165 | -42.7% |
| Cash at bank and in hand | 54/58 | €43,998 | €33,920 | -€10,078 | -22.9% |
| Deferred charges and accrued income | 490/1 | - | €12,383 | +€12,383 | |
| Total equity and liabilities | 10/49 | €637,612 | €578,267 | -€59,345 | -9.3% |
| Equity | 10/15 | €278,094 | €319,438 | +€41,344 | +14.9% |
| Contributions | 10/11 | - | €670 | +€670 | |
| Capital | 10 | - | €670 | +€670 | |
| Profit (loss) carried forward | 14 | €277,424 | €318,768 | +€41,344 | +14.9% |
| Amounts payable | 17/49 | €359,518 | €258,829 | -€100,688 | -28.0% |
| Amounts payable after more than one year | 17 | €80,324 | €43,144 | -€37,179 | -46.3% |
| Financial debts | 170/4 | €80,324 | €43,144 | -€37,179 | -46.3% |
| Amounts payable within one year | 42/48 | €279,194 | €215,685 | -€63,509 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | €11,629 | +€11,629 | |
| Trade debts | 44 | €78,567 | €23,743 | -€54,824 | -69.8% |
| Suppliers | 440/4 | €78,567 | €23,743 | -€54,824 | -69.8% |
| Taxes, remuneration and social security | 45 | €78,519 | €169,021 | +€90,502 | +115.3% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €78,519 | €169,021 | +€90,502 | +115.3% |
| Turnover | 70 | €1,136,274 | €1,324,130 | +€187,855 | +16.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €158,344 | €328,195 | +€169,851 | +107.3% |
| Remuneration, social security and pensions | 62 | €873,875 | €1,008,022 | +€134,146 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,300 | €33,135 | -€37,165 | -52.9% |
| Other operating charges | 640/8 | €149 | €247 | +€98 | +66.2% |
| Gross operating margin | 9900 | €991,553 | €995,934 | +€4,381 | +0.4% |
| Operating profit (loss) | 9901 | €47,229 | -€45,470 | -€92,699 | |
| Financial charges | 65/66B | €537 | €958 | +€421 | +78.4% |
| Recurring financial charges | 65 | €537 | €958 | +€421 | +78.4% |
| Profit (loss) for the period before taxes | 9903 | €46,692 | -€46,428 | -€93,120 | |
| Profit (loss) for the period | 9904 | €46,692 | -€46,428 | -€93,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,692 | -€46,428 | -€93,120 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.