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Farm For Good: 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.

What changed

Farm For Good

BE 0803.924.518
NACE 10.111, Manufacture of food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€568,925
2024 · -€607,210+€38,284
Equity
€2.5m
2024 · €1.9m+€584,178
Cash
€886,776
2024 · €612,708+€274,068
Balance sheet total
€2.8m
2024 · €1.9m+€840,509

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€1.1m

    up €1.1m (+610%), from €185,963 to €1.3m

    of which Other amounts receivable: +€1.0m

  • Current investments -€948,000

    down €948,000 (-100%), from €948,000 to €0

  • Stocks and contracts +€284,487

    up €284,487 (+387%), from €73,450 to €357,937

  • Cash +€274,068

    up €274,068 (+44.7%), from €612,708 to €886,776

    mainly Contributions, distributions and other (+€1.2m) and Current investments (+€948,000)

  • Intangible fixed assets +€83,278

    up €83,278 (+720%), from €11,570 to €94,848

Equity and liabilities
  • Investment grants +€711,103

    new in 2025: €711,103

  • Profit (loss) carried forward -€568,925

    down €568,925 (-93.7%), from -€607,210 to -€1.2m

  • Contributions +€442,000

    up €442,000 (+17.8%), from €2.5m to €2.9m

  • Other debts +€114,028

    up €114,028 (+51,788%), from €220 to €114,248

  • Trade debts +€92,591

    up €92,591 (+159%), from €58,089 to €150,680

Income statement
  • Financial income +€221,066

    up €221,066 (+13,864%), from €1,595 to €222,660

  • Staff costs +€150,668

    up €150,668 (+140%), from €107,275 to €257,944

  • Depreciation +€15,783

    up €15,783 (+290%), from €5,443 to €21,226

  • Financial charges +€12,115

    up €12,115 (+114%), from €10,641 to €22,756

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€607,210
Gross operating margin -€2,903
Staff costs -€150,668
Depreciation -€15,783
Other operating charges -€868
Financial income +€221,066
Financial charges -€12,115
Taxes -€443
Result 2025 -€568,925
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€1.7m
Investment +€831,698
Financing +€1.2m
Cash 2024 €612,708
Net result for the year -€568,925
Depreciation +€21,226
Stocks and contracts -€284,487
Receivables within one year -€1.1m
Trade debts +€92,591
Tax, wage and social debts +€49,713
Other debts +€114,028
Investment in fixed assets (net) -€116,302
Current investments +€948,000
Contributions, distributions and other +€1.2m
Cash 2025 €886,776
brings cash intakes cash out
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,941,823 €2,782,332 +€840,509 +43.3%
Fixed assets 21/28 €91,702 €186,779 +€95,076 +104%
Intangible fixed assets 21 €11,570 €94,848 +€83,278 +720%
Tangible fixed assets 22/27 €79,800 €85,896 +€6,096 +7.6%
Plant, machinery and equipment 23 €37,514 €51,249 +€13,735 +36.6%
Furniture and vehicles 24 €42,287 €34,647 -€7,639 -18.1%
Financial fixed assets 28 €332 €6,034 +€5,702 +1,717%
Current assets 29/58 €1,850,121 €2,595,554 +€745,433 +40.3%
Stocks and contracts in progress 3 €73,450 €357,937 +€284,487 +387%
Stocks 30/36 €73,450 €357,937 +€284,487 +387%
Amounts receivable within one year 40/41 €185,963 €1,320,840 +€1.1m +610%
Trade receivables 40 €156,347 €276,160 +€119,813 +76.6%
Other amounts receivable 41 €29,616 €1,044,680 +€1.0m +3,427%
Current investments 50/53 €948,000 €0 -€948,000 -100%
Cash at bank and in hand 54/58 €612,708 €886,776 +€274,068 +44.7%
Deferred charges and accrued income 490/1 €30,000 €30,000 = 0.0%
Total equity and liabilities 10/49 €1,941,823 €2,782,332 +€840,509 +43.3%
Equity 10/15 €1,874,806 €2,458,984 +€584,178 +31.2%
Contributions 10/11 €2,482,016 €2,924,016 +€442,000 +17.8%
Profit (loss) carried forward 14 -€607,210 -€1,176,135 -€568,925 -93.7%
Investment grants 15 - €711,103 +€711,103
Amounts payable 17/49 €67,017 €323,348 +€256,331 +382%
Amounts payable within one year 42/48 €67,017 €323,348 +€256,331 +382%
Trade debts 44 €58,089 €150,680 +€92,591 +159%
Suppliers 440/4 €58,089 €150,680 +€92,591 +159%
Taxes, remuneration and social security 45 €8,708 €58,420 +€49,713 +571%
Taxes 450/3 €169 €5,550 +€5,381 +3,191%
Remuneration and social security 454/9 €8,539 €52,870 +€44,331 +519%
Other amounts payable 47/48 €220 €114,248 +€114,028 +51,788%
Remuneration, social security and pensions 62 €107,275 €257,944 +€150,668 +140%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,443 €21,226 +€15,783 +290%
Other operating charges 640/8 €2,108 €2,977 +€868 +41.2%
Gross operating margin 9900 -€482,977 -€485,880 -€2,903 -0.6%
Operating profit (loss) 9901 -€597,803 -€768,026 -€170,223 -28.5%
Financial income 75/76B €1,595 €222,660 +€221,066 +13,864%
Recurring financial income 75 €1,595 €222,660 +€221,066 +13,864%
Financial charges 65/66B €10,641 €22,756 +€12,115 +114%
Recurring financial charges 65 €10,641 €22,756 +€12,115 +114%
Profit (loss) for the period before taxes 9903 -€606,849 -€568,122 +€38,727 +6.4%
Income taxes 67/77 €360 €803 +€443 +123%
Profit (loss) for the period 9904 -€607,210 -€568,925 +€38,284 +6.3%
Profit (loss) for the period to be appropriated 9905 -€607,210 -€568,925 +€38,284 +6.3%

Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.