COUNTRY ESTATES: what changed
COUNTRY ESTATES
Largest movements
- Receivables within one year +€101,982
up €101,982 (+442%), from €23,087 to €125,070
of which Trade receivables: +€100,576
- Cash -€7,267
down €7,267 (-31.5%), from €23,102 to €15,835
mainly Receivables within one year (-€101,982) and Net result for the year (-€17,331)
- Deferred charges and accrued income +€3,721
up €3,721 (+714%), from €521 to €4,242
- Trade debts +€96,912
up €96,912 (+1,983%), from €4,886 to €101,798
- Tax, wage and social debts +€17,494
up €17,494 (+683%), from €2,563 to €20,057
- Profit (loss) carried forward -€17,331
down €17,331 (-82.4%), from €21,023 to €3,692
- Gross operating margin -€24,594
down €24,594, from €10,309 to -€14,285
- Taxes -€2,508
down €2,508, from €2,508 to -€0
- Write-downs -€1,100
no longer reported in 2025 (was €1,100)
- Depreciation -€1,094
down €1,094 (-44.7%), from €2,450 to €1,356
- Financial charges -€632
down €632 (-29.5%), from €2,144 to €1,511
of which Non-recurring financial charges: -€1,918
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,066 | €145,147 | +€97,081 | +202% |
| Fixed assets | 21/28 | €1,356 | - | -€1,356 | |
| Tangible fixed assets | 22/27 | €1,356 | - | -€1,356 | |
| Other tangible fixed assets | 26 | €1,356 | - | -€1,356 | |
| Current assets | 29/58 | €46,710 | €145,147 | +€98,437 | +211% |
| Amounts receivable within one year | 40/41 | €23,087 | €125,070 | +€101,982 | +442% |
| Trade receivables | 40 | €20,124 | €120,701 | +€100,576 | +500% |
| Other amounts receivable | 41 | €2,963 | €4,369 | +€1,406 | +47.5% |
| Cash at bank and in hand | 54/58 | €23,102 | €15,835 | -€7,267 | -31.5% |
| Deferred charges and accrued income | 490/1 | €521 | €4,242 | +€3,721 | +714% |
| Total equity and liabilities | 10/49 | €48,066 | €145,147 | +€97,081 | +202% |
| Equity | 10/15 | €40,423 | €23,092 | -€17,331 | -42.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €800 | €800 | = | 0.0% |
| Distributable reserves | 133 | €800 | €800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,023 | €3,692 | -€17,331 | -82.4% |
| Amounts payable | 17/49 | €7,643 | €122,055 | +€114,412 | +1,497% |
| Amounts payable within one year | 42/48 | €7,449 | €121,855 | +€114,406 | +1,536% |
| Trade debts | 44 | €4,886 | €101,798 | +€96,912 | +1,983% |
| Suppliers | 440/4 | €4,886 | €101,798 | +€96,912 | +1,983% |
| Taxes, remuneration and social security | 45 | €2,563 | €20,057 | +€17,494 | +683% |
| Taxes | 450/3 | €2,563 | €20,057 | +€17,494 | +683% |
| Accrued charges and deferred income | 492/3 | €194 | €200 | +€6 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,450 | €1,356 | -€1,094 | -44.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,100 | - | -€1,100 | |
| Other operating charges | 640/8 | €404 | €394 | -€11 | -2.6% |
| Gross operating margin | 9900 | €10,309 | -€14,285 | -€24,594 | |
| Operating profit (loss) | 9901 | €6,355 | -€16,034 | -€22,389 | |
| Financial income | 75/76B | €96 | €214 | +€118 | +122% |
| Recurring financial income | 75 | €96 | €214 | +€118 | +122% |
| Financial charges | 65/66B | €2,144 | €1,511 | -€632 | -29.5% |
| Recurring financial charges | 65 | €226 | €1,511 | +€1,286 | +569% |
| Non-recurring financial charges | 66B | €1,918 | - | -€1,918 | |
| Profit (loss) for the period before taxes | 9903 | €4,307 | -€17,332 | -€21,639 | |
| Income taxes | 67/77 | €2,508 | -€0 | -€2,508 | |
| Profit (loss) for the period | 9904 | €1,800 | -€17,331 | -€19,131 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,800 | -€17,331 | -€19,131 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.