Groupe Ferrian: 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.
Groupe Ferrian
Largest movements
- Receivables within one year -€8,342
down €8,342 (-7.9%), from €104,958 to €96,616
of which Other amounts receivable: -€91,481
- Tangible fixed assets -€6,887
down €6,887 (-70.0%), from €9,833 to €2,946
- Intangible fixed assets -€3,829
down €3,829 (-69.0%), from €5,550 to €1,722
- Cash +€1,240
up €1,240 (+1,669%), from €74 to €1,314
mainly Net result for the year (+€16,823) and Depreciation (+€10,716)
- Profit (loss) carried forward +€16,823
up €16,823 (+47.3%), from €35,565 to €52,388
- Tax, wage and social debts -€14,696
down €14,696 (-50.1%), from €29,339 to €14,643
of which Taxes: -€15,114
- Trade debts -€13,709
down €13,709 (-37.1%), from €36,997 to €23,289
- Debts after one year -€4,749
down €4,749 (-100%), from €4,749 to €0
- Current portion of long-term debt -€1,320
down €1,320 (-21.7%), from €6,069 to €4,749
- Gross operating margin +€43,088
up €43,088 (+825%), from €5,221 to €48,309
- Staff costs -€15,729
down €15,729 (-61.1%), from €25,733 to €10,004
- Taxes +€2,663
up €2,663 (+224%), from €1,186 to €3,849
- Other operating charges -€1,821
down €1,821 (-30.4%), from €5,994 to €4,173
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 | €121,208 | €103,584 | -€17,624 | -14.5% |
| Fixed assets | 21/28 | €15,883 | €5,167 | -€10,716 | -67.5% |
| Intangible fixed assets | 21 | €5,550 | €1,722 | -€3,829 | -69.0% |
| Tangible fixed assets | 22/27 | €9,833 | €2,946 | -€6,887 | -70.0% |
| Furniture and vehicles | 24 | €9,833 | €2,946 | -€6,887 | -70.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €105,325 | €98,417 | -€6,908 | -6.6% |
| Amounts receivable within one year | 40/41 | €104,958 | €96,616 | -€8,342 | -7.9% |
| Trade receivables | 40 | €8,632 | €91,772 | +€83,140 | +963% |
| Other amounts receivable | 41 | €96,326 | €4,845 | -€91,481 | -95.0% |
| Cash at bank and in hand | 54/58 | €74 | €1,314 | +€1,240 | +1,669% |
| Deferred charges and accrued income | 490/1 | €293 | €487 | +€194 | +66.3% |
| Total equity and liabilities | 10/49 | €121,208 | €103,584 | -€17,624 | -14.5% |
| Equity | 10/15 | €41,765 | €58,588 | +€16,823 | +40.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,565 | €52,388 | +€16,823 | +47.3% |
| Amounts payable | 17/49 | €79,443 | €44,996 | -€34,447 | -43.4% |
| Amounts payable after more than one year | 17 | €4,749 | €0 | -€4,749 | -100% |
| Financial debts | 170/4 | €4,749 | €0 | -€4,749 | -100% |
| Amounts payable within one year | 42/48 | €74,155 | €44,458 | -€29,698 | -40.0% |
| Current portion of amounts payable after more than one year | 42 | €6,069 | €4,749 | -€1,320 | -21.7% |
| Financial debts | 43 | €1,750 | €1,777 | +€27 | +1.5% |
| Credit institutions | 430/8 | €1,750 | €1,777 | +€27 | +1.5% |
| Trade debts | 44 | €36,997 | €23,289 | -€13,709 | -37.1% |
| Suppliers | 440/4 | €36,997 | €23,289 | -€13,709 | -37.1% |
| Taxes, remuneration and social security | 45 | €29,339 | €14,643 | -€14,696 | -50.1% |
| Taxes | 450/3 | €27,872 | €12,757 | -€15,114 | -54.2% |
| Remuneration and social security | 454/9 | €1,468 | €1,886 | +€418 | +28.5% |
| Accrued charges and deferred income | 492/3 | €539 | €539 | = | 0.0% |
| Non-recurring operating income | 76A | €413 | €0 | -€413 | -100% |
| Remuneration, social security and pensions | 62 | €25,733 | €10,004 | -€15,729 | -61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,716 | €10,716 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,994 | €4,173 | -€1,821 | -30.4% |
| Gross operating margin | 9900 | €5,221 | €48,309 | +€43,088 | +825% |
| Operating profit (loss) | 9901 | -€37,221 | €23,416 | +€60,637 | |
| Financial income | 75/76B | €11 | €86 | +€75 | +711% |
| Recurring financial income | 75 | €11 | €86 | +€75 | +711% |
| Financial charges | 65/66B | €3,213 | €2,830 | -€383 | -11.9% |
| Recurring financial charges | 65 | €3,213 | €2,830 | -€383 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€40,424 | €20,672 | +€61,096 | |
| Income taxes | 67/77 | €1,186 | €3,849 | +€2,663 | +224% |
| Profit (loss) for the period | 9904 | -€41,610 | €16,823 | +€58,433 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,610 | €16,823 | +€58,433 |
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 28 October 2026 via checked.be.