A la Ferme: 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.
A la Ferme
Largest movements
- Cash -€54,971
down €54,971 (-26.2%), from €209,435 to €154,464
mainly Trade debts (-€22,575) and Tax, wage and social debts (-€22,485)
- Stocks and contracts +€4,221
up €4,221 (+35.5%), from €11,895 to €16,116
- Trade debts -€22,575
down €22,575 (-27.9%), from €80,981 to €58,405
of which Suppliers: -€23,798
- Tax, wage and social debts -€22,485
down €22,485 (-47.8%), from €47,024 to €24,540
of which Taxes: -€17,348
- Profit (loss) carried forward -€6,451
down €6,451 (-41.2%), from €15,669 to €9,218
- Gross operating margin -€46,693
down €46,693 (-21.2%), from €220,104 to €173,411
- Staff costs +€17,023
up €17,023 (+10.4%), from €163,390 to €180,412
- Provisions -€13,378
down €13,378, from €4,065 to -€9,313
- Taxes -€12,481
down €12,481 (-95.0%), from €13,143 to €662
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 | €264,113 | €213,620 | -€50,492 | -19.1% |
| Fixed assets | 21/28 | €14,617 | €12,912 | -€1,705 | -11.7% |
| Tangible fixed assets | 22/27 | €14,417 | €12,712 | -€1,705 | -11.8% |
| Plant, machinery and equipment | 23 | €12,860 | €11,689 | -€1,172 | -9.1% |
| Furniture and vehicles | 24 | €1,557 | €1,023 | -€534 | -34.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €249,495 | €200,708 | -€48,787 | -19.6% |
| Stocks and contracts in progress | 3 | €11,895 | €16,116 | +€4,221 | +35.5% |
| Stocks | 30/36 | €11,895 | €16,116 | +€4,221 | +35.5% |
| Amounts receivable within one year | 40/41 | €11,476 | €12,055 | +€579 | +5.0% |
| Trade receivables | 40 | €3,492 | €3,292 | -€200 | -5.7% |
| Other amounts receivable | 41 | €7,984 | €8,763 | +€779 | +9.8% |
| Cash at bank and in hand | 54/58 | €209,435 | €154,464 | -€54,971 | -26.2% |
| Deferred charges and accrued income | 490/1 | €16,689 | €18,073 | +€1,384 | +8.3% |
| Total equity and liabilities | 10/49 | €264,113 | €213,620 | -€50,492 | -19.1% |
| Equity | 10/15 | €133,600 | €127,149 | -€6,451 | -4.8% |
| Contributions | 10/11 | €39,787 | €39,787 | = | 0.0% |
| Reserves | 13 | €78,144 | €78,144 | = | 0.0% |
| Distributable reserves | 133 | €78,144 | €78,144 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,669 | €9,218 | -€6,451 | -41.2% |
| Amounts payable | 17/49 | €130,513 | €86,471 | -€44,041 | -33.7% |
| Amounts payable within one year | 42/48 | €130,513 | €86,471 | -€44,041 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €2,356 | €2,190 | -€165 | -7.0% |
| Trade debts | 44 | €80,981 | €58,405 | -€22,575 | -27.9% |
| Suppliers | 440/4 | €80,981 | €57,183 | -€23,798 | -29.4% |
| Bills of exchange payable | 441 | - | €1,223 | +€1,223 | |
| Taxes, remuneration and social security | 45 | €47,024 | €24,540 | -€22,485 | -47.8% |
| Taxes | 450/3 | €21,374 | €4,027 | -€17,348 | -81.2% |
| Remuneration and social security | 454/9 | €25,650 | €20,513 | -€5,137 | -20.0% |
| Other amounts payable | 47/48 | €152 | €1,336 | +€1,184 | +780% |
| Non-recurring operating income | 76A | €4,868 | €6,177 | +€1,309 | +26.9% |
| Remuneration, social security and pensions | 62 | €163,390 | €180,412 | +€17,023 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,262 | €4,295 | +€1,033 | +31.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,065 | -€9,313 | -€13,378 | |
| Other operating charges | 640/8 | €1,142 | €1,759 | +€617 | +54.0% |
| Non-recurring operating charges | 66A | €57 | - | -€57 | |
| Gross operating margin | 9900 | €220,104 | €173,411 | -€46,693 | -21.2% |
| Operating profit (loss) | 9901 | €48,188 | -€3,742 | -€51,930 | |
| Financial income | 75/76B | €0 | €165 | +€165 | +1,652,500% |
| Recurring financial income | 75 | €0 | €165 | +€165 | +1,652,500% |
| Financial charges | 65/66B | €132 | €2,212 | +€2,081 | +1,582% |
| Recurring financial charges | 65 | €132 | €2,112 | +€1,981 | +1,506% |
| Non-recurring financial charges | 66B | - | €100 | +€100 | |
| Profit (loss) for the period before taxes | 9903 | €48,056 | -€5,789 | -€53,845 | |
| Income taxes | 67/77 | €13,143 | €662 | -€12,481 | -95.0% |
| Profit (loss) for the period | 9904 | €34,913 | -€6,451 | -€41,364 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,913 | -€6,451 | -€41,364 |
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 14 October 2026 via checked.be.