LA METHODE FELICITEE: 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.
LA METHODE FELICITEE
Largest movements
- Intangible fixed assets -€15,376
down €15,376 (-35.7%), from €43,020 to €27,644
- Receivables within one year +€13,580
up €13,580 (+50.5%), from €26,883 to €40,464
of which Trade receivables: +€23,018
- Stocks and contracts +€6,435
up €6,435 (+24.2%), from €26,575 to €33,009
- Tangible fixed assets +€3,680
up €3,680 (+472%), from €780 to €4,460
of which Furniture and vehicles: +€3,775
- Cash +€1,785
up €1,785 (+1,490%), from €120 to €1,905
mainly Depreciation (+€18,080) and Trade debts (+€13,739)
- Trade debts +€13,739
up €13,739 (+54.6%), from €25,150 to €38,888
- Short-term financial debts -€11,295
no longer reported in 2025 (was €11,295)
- Other debts +€4,173
up €4,173 (+194%), from €2,151 to €6,323
- Debts after one year +€3,859
up €3,859 (+26.2%), from €14,736 to €18,595
- Advances received -€1,127
down €1,127 (-12.6%), from €8,961 to €7,834
- Gross operating margin -€62,981
down €62,981 (-69.6%), from €90,498 to €27,517
- Staff costs -€56,091
no longer reported in 2025 (was €56,091)
- Depreciation -€7,541
down €7,541 (-29.4%), from €25,621 to €18,080
- Taxes +€3,664
up €3,664 (+2,174%), from €169 to €3,832
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 | €97,998 | €107,817 | +€9,819 | +10.0% |
| Fixed assets | 21/28 | €43,800 | €32,104 | -€11,696 | -26.7% |
| Intangible fixed assets | 21 | €43,020 | €27,644 | -€15,376 | -35.7% |
| Tangible fixed assets | 22/27 | €780 | €4,460 | +€3,680 | +472% |
| Furniture and vehicles | 24 | €567 | €4,342 | +€3,775 | +665% |
| Other tangible fixed assets | 26 | €213 | €118 | -€95 | -44.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €54,199 | €75,713 | +€21,514 | +39.7% |
| Stocks and contracts in progress | 3 | €26,575 | €33,009 | +€6,435 | +24.2% |
| Stocks | 30/36 | €26,575 | €33,009 | +€6,435 | +24.2% |
| Amounts receivable within one year | 40/41 | €26,883 | €40,464 | +€13,580 | +50.5% |
| Trade receivables | 40 | €14,978 | €37,996 | +€23,018 | +154% |
| Other amounts receivable | 41 | €11,905 | €2,468 | -€9,438 | -79.3% |
| Cash at bank and in hand | 54/58 | €120 | €1,905 | +€1,785 | +1,490% |
| Deferred charges and accrued income | 490/1 | €621 | €335 | -€286 | -46.0% |
| Total equity and liabilities | 10/49 | €97,998 | €107,817 | +€9,819 | +10.0% |
| Equity | 10/15 | €9,627 | €10,342 | +€715 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,427 | €4,142 | +€715 | +20.9% |
| Amounts payable | 17/49 | €88,372 | €97,475 | +€9,104 | +10.3% |
| Amounts payable after more than one year | 17 | €14,736 | €18,595 | +€3,859 | +26.2% |
| Financial debts | 170/4 | €14,736 | €18,595 | +€3,859 | +26.2% |
| Amounts payable within one year | 42/48 | €73,307 | €78,640 | +€5,333 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €20,082 | €20,141 | +€59 | +0.3% |
| Financial debts | 43 | €11,295 | - | -€11,295 | |
| Credit institutions | 430/8 | €11,295 | - | -€11,295 | |
| Trade debts | 44 | €25,150 | €38,888 | +€13,739 | +54.6% |
| Suppliers | 440/4 | €25,150 | €38,888 | +€13,739 | +54.6% |
| Advances received on contracts in progress | 46 | €8,961 | €7,834 | -€1,127 | -12.6% |
| Taxes, remuneration and social security | 45 | €5,669 | €5,453 | -€216 | -3.8% |
| Taxes | 450/3 | €4,049 | €5,453 | +€1,404 | +34.7% |
| Remuneration and social security | 454/9 | €1,620 | - | -€1,620 | |
| Other amounts payable | 47/48 | €2,151 | €6,323 | +€4,173 | +194% |
| Accrued charges and deferred income | 492/3 | €328 | €240 | -€88 | -26.8% |
| Non-recurring operating income | 76A | €257 | - | -€257 | |
| Remuneration, social security and pensions | 62 | €56,091 | - | -€56,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,621 | €18,080 | -€7,541 | -29.4% |
| Other operating charges | 640/8 | €1,012 | €811 | -€202 | -19.9% |
| Non-recurring operating charges | 66A | €2,579 | - | -€2,579 | |
| Gross operating margin | 9900 | €90,498 | €27,517 | -€62,981 | -69.6% |
| Operating profit (loss) | 9901 | €5,195 | €8,627 | +€3,431 | +66.0% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €4,467 | €4,079 | -€388 | -8.7% |
| Recurring financial charges | 65 | €4,467 | €4,079 | -€388 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €731 | €4,547 | +€3,817 | +522% |
| Income taxes | 67/77 | €169 | €3,832 | +€3,664 | +2,174% |
| Profit (loss) for the period | 9904 | €562 | €715 | +€153 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €562 | €715 | +€153 | +27.2% |
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 29 October 2026 via checked.be.