FEABY: 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.
FEABY
Largest movements
- Cash +€175,589
up €175,589 (+3,128%), from €5,613 to €181,202
mainly Receivables within one year (+€126,529) and Receivables after one year (+€78,276)
- Receivables within one year -€126,529
down €126,529 (-79.1%), from €159,863 to €33,334
of which Trade receivables: -€135,604
- Receivables after one year -€78,276
down €78,276 (-56.8%), from €137,700 to €59,424
- Tangible fixed assets -€16,980
down €16,980 (-28.4%), from €59,734 to €42,753
of which Furniture and vehicles: -€16,906
- Current investments -€8,800
down €8,800 (-65.6%), from €13,415 to €4,615
- Reserves -€92,090
down €92,090 (-31.3%), from €294,429 to €202,340
- Other debts +€62,116
up €62,116 (+5,781%), from €1,074 to €63,190
- Debts after one year -€17,117
down €17,117 (-43.0%), from €39,811 to €22,694
- Tax, wage and social debts -€11,297
down €11,297 (-47.4%), from €23,859 to €12,562
- Gross operating margin -€40,962
down €40,962 (-29.7%), from €137,689 to €96,727
- Taxes -€8,261
down €8,261 (-33.5%), from €24,638 to €16,377
- Financial income +€3,992
up €3,992 (+406%), from €982 to €4,974
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 | €380,755 | €322,084 | -€58,670 | -15.4% |
| Fixed assets | 21/28 | €59,734 | €42,753 | -€16,980 | -28.4% |
| Tangible fixed assets | 22/27 | €59,734 | €42,753 | -€16,980 | -28.4% |
| Plant, machinery and equipment | 23 | €253 | €178 | -€75 | -29.6% |
| Furniture and vehicles | 24 | €59,481 | €42,575 | -€16,906 | -28.4% |
| Current assets | 29/58 | €321,021 | €279,331 | -€41,690 | -13.0% |
| Amounts receivable after more than one year | 29 | €137,700 | €59,424 | -€78,276 | -56.8% |
| Other amounts receivable | 291 | €137,700 | €59,424 | -€78,276 | -56.8% |
| Amounts receivable within one year | 40/41 | €159,863 | €33,334 | -€126,529 | -79.1% |
| Trade receivables | 40 | €154,307 | €18,703 | -€135,604 | -87.9% |
| Other amounts receivable | 41 | €5,556 | €14,631 | +€9,076 | +163% |
| Current investments | 50/53 | €13,415 | €4,615 | -€8,800 | -65.6% |
| Cash at bank and in hand | 54/58 | €5,613 | €181,202 | +€175,589 | +3,128% |
| Deferred charges and accrued income | 490/1 | €4,430 | €756 | -€3,674 | -82.9% |
| Total equity and liabilities | 10/49 | €380,755 | €322,084 | -€58,670 | -15.4% |
| Equity | 10/15 | €299,429 | €207,340 | -€92,090 | -30.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €294,429 | €202,340 | -€92,090 | -31.3% |
| Distributable reserves | 133 | €294,429 | €202,340 | -€92,090 | -31.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €81,325 | €114,745 | +€33,419 | +41.1% |
| Amounts payable after more than one year | 17 | €39,811 | €22,694 | -€17,117 | -43.0% |
| Financial debts | 170/4 | €39,811 | €22,694 | -€17,117 | -43.0% |
| Amounts payable within one year | 42/48 | €41,514 | €92,051 | +€50,536 | +122% |
| Current portion of amounts payable after more than one year | 42 | €16,473 | €15,310 | -€1,164 | -7.1% |
| Financial debts | 43 | - | €246 | +€246 | |
| Credit institutions | 430/8 | - | €246 | +€246 | |
| Trade debts | 44 | €107 | €743 | +€636 | +592% |
| Suppliers | 440/4 | €107 | €743 | +€636 | +592% |
| Taxes, remuneration and social security | 45 | €23,859 | €12,562 | -€11,297 | -47.4% |
| Taxes | 450/3 | €23,859 | €12,562 | -€11,297 | -47.4% |
| Other amounts payable | 47/48 | €1,074 | €63,190 | +€62,116 | +5,781% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,396 | €18,068 | -€328 | -1.8% |
| Other operating charges | 640/8 | €1,090 | €520 | -€571 | -52.3% |
| Non-recurring operating charges | 66A | - | €885 | +€885 | |
| Gross operating margin | 9900 | €137,689 | €96,727 | -€40,962 | -29.7% |
| Operating profit (loss) | 9901 | €118,202 | €77,254 | -€40,948 | -34.6% |
| Financial income | 75/76B | €982 | €4,974 | +€3,992 | +406% |
| Recurring financial income | 75 | €982 | €4,974 | +€3,992 | +406% |
| Financial charges | 65/66B | €2,457 | €1,864 | -€593 | -24.1% |
| Recurring financial charges | 65 | €2,457 | €1,864 | -€593 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €116,728 | €80,364 | -€36,363 | -31.2% |
| Income taxes | 67/77 | €24,638 | €16,377 | -€8,261 | -33.5% |
| Profit (loss) for the period | 9904 | €92,090 | €63,987 | -€28,103 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €92,090 | €63,987 | -€28,103 | -30.5% |
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 19 October 2026 via checked.be.