C.E. FARMA: 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.
C.E. FARMA
Largest movements
- Tangible fixed assets +€115,828
up €115,828 (+28.7%), from €403,307 to €519,136
of which Land and buildings: +€118,175
- Receivables within one year -€59,527
down €59,527 (-7.2%), from €827,770 to €768,244
of which Other amounts receivable: -€81,444
- Reserves +€68,611
up €68,611 (+6.2%), from €1.1m to €1.2m
- Staff costs -€43,915
down €43,915 (-12.9%), from €340,950 to €297,035
- Financial income -€6,791
down €6,791 (-26.0%), from €26,103 to €19,312
- Depreciation +€6,464
up €6,464 (+39.8%), from €16,244 to €22,708
- Taxes +€6,445
up €6,445 (+35.6%), from €18,119 to €24,564
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.
Cash bridge derived
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 | €1,388,342 | €1,451,254 | +€62,912 | +4.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €403,391 | €519,220 | +€115,828 | +28.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €403,307 | €519,136 | +€115,828 | +28.7% |
| Land and buildings | 22 | €366,628 | €484,803 | +€118,175 | +32.2% |
| Plant, machinery and equipment | 23 | €30,160 | €26,094 | -€4,066 | -13.5% |
| Furniture and vehicles | 24 | €6,519 | €8,238 | +€1,719 | +26.4% |
| Financial fixed assets | 28 | €84 | €84 | = | 0.0% |
| Current assets | 29/58 | €984,950 | €932,034 | -€52,916 | -5.4% |
| Stocks and contracts in progress | 3 | €149,459 | €156,106 | +€6,647 | +4.4% |
| Stocks | 30/36 | €149,459 | €156,106 | +€6,647 | +4.4% |
| Amounts receivable within one year | 40/41 | €827,770 | €768,244 | -€59,527 | -7.2% |
| Trade receivables | 40 | €148,408 | €170,325 | +€21,917 | +14.8% |
| Other amounts receivable | 41 | €679,362 | €597,919 | -€81,444 | -12.0% |
| Cash at bank and in hand | 54/58 | €7,721 | €7,685 | -€36 | -0.5% |
| Total equity and liabilities | 10/49 | €1,388,342 | €1,451,254 | +€62,912 | +4.5% |
| Equity | 10/15 | €1,160,314 | €1,228,926 | +€68,611 | +5.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,098,314 | €1,166,926 | +€68,611 | +6.2% |
| Distributable reserves | 133 | €1,098,314 | €1,166,926 | +€68,611 | +6.2% |
| Amounts payable | 17/49 | €228,027 | €222,328 | -€5,699 | -2.5% |
| Amounts payable within one year | 42/48 | €228,027 | €222,328 | -€5,699 | -2.5% |
| Trade debts | 44 | €184,793 | €183,276 | -€1,518 | -0.8% |
| Suppliers | 440/4 | €184,793 | €183,276 | -€1,518 | -0.8% |
| Taxes, remuneration and social security | 45 | €43,234 | €39,053 | -€4,181 | -9.7% |
| Taxes | 450/3 | €291 | €4,564 | +€4,273 | +1470.8% |
| Remuneration and social security | 454/9 | €42,943 | €34,489 | -€8,454 | -19.7% |
| Non-recurring operating income | 76A | €3,157 | - | -€3,157 | |
| Remuneration, social security and pensions | 62 | €340,950 | €297,035 | -€43,915 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,244 | €22,708 | +€6,464 | +39.8% |
| Other operating charges | 640/8 | €5,719 | €6,402 | +€683 | +12.0% |
| Gross operating margin | 9900 | €403,497 | €400,672 | -€2,825 | -0.7% |
| Operating profit (loss) | 9901 | €40,583 | €74,527 | +€33,944 | +83.6% |
| Financial income | 75/76B | €26,103 | €19,312 | -€6,791 | -26.0% |
| Recurring financial income | 75 | €26,103 | €19,312 | -€6,791 | -26.0% |
| Financial charges | 65/66B | €563 | €664 | +€101 | +18.0% |
| Recurring financial charges | 65 | €563 | €664 | +€101 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €66,124 | €93,175 | +€27,052 | +40.9% |
| Income taxes | 67/77 | €18,119 | €24,564 | +€6,445 | +35.6% |
| Profit (loss) for the period | 9904 | €48,004 | €68,611 | +€20,607 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,004 | €68,611 | +€20,607 | +42.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.