FARMA SPRUYT: 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
FARMA SPRUYT
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€223
2024 · €71,923-€72,145
Equity
€1.0m
2024 · €1.0m-€223
Cash
€44,074
2024 · €12,345+€31,728
Balance sheet total
€1.2m
2024 · €1.3m-€18,963
Largest movements
Assets
- Cash +€31,728
up €31,728 (+257%), from €12,345 to €44,074
mainly Receivables within one year (+€28,384) and Depreciation (+€25,727)
- Receivables within one year -€28,384
down €28,384 (-10.6%), from €267,659 to €239,275
- Tangible fixed assets -€25,727
down €25,727 (-7.8%), from €330,269 to €304,542
of which Land and buildings: -€14,711
Equity and liabilities
- Debts after one year -€17,578
down €17,578 (-37.9%), from €46,421 to €28,843
- Trade debts +€13,100
up €13,100 (+2,183%), from €600 to €13,700
Income statement
- Gross operating margin -€124,871
down €124,871 (-41.0%), from €304,538 to €179,667
- Taxes -€54,909
down €54,909 (-88.8%), from €61,828 to €6,919
- Staff costs +€5,393
up €5,393 (+3.9%), from €140,011 to €145,405
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.
Result 2024
€71,923
Gross operating margin
-€124,871
Staff costs
-€5,393
Depreciation
+€1,653
Other operating charges
+€146
Financial income
+€478
Financial charges
+€934
Taxes
+€54,909
Result 2025
-€223
raises the resultlowers the result
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.
From operations
+€52,798
Investment
€0
Financing
-€21,069
Cash 2024
€12,345
From operations (derived)
+€52,798
Net result for the year
-€223
Depreciation
+€25,727
Receivables within one year
+€28,384
Deferred charges and accrued income
-€3,419
Provisions
-€4,174
Trade debts
+€13,100
Tax, wage and social debts
-€7,223
Accrued charges and deferred income
+€626
Financing
-€21,069
Debts after one year
-€17,578
Current portion of long-term debt
-€3,444
Short-term financial debts
-€48
Cash 2025
€44,074
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,253,381 | €1,234,417 | -€18,963 | -1.5% |
| Fixed assets | 21/28 | €963,507 | €937,780 | -€25,727 | -2.7% |
| Tangible fixed assets | 22/27 | €330,269 | €304,542 | -€25,727 | -7.8% |
| Land and buildings | 22 | €310,380 | €295,669 | -€14,711 | -4.7% |
| Plant, machinery and equipment | 23 | €5,521 | €4,966 | -€555 | -10.1% |
| Furniture and vehicles | 24 | €14,368 | €3,908 | -€10,461 | -72.8% |
| Financial fixed assets | 28 | €633,238 | €633,238 | = | 0.0% |
| Current assets | 29/58 | €289,874 | €296,637 | +€6,764 | +2.3% |
| Amounts receivable within one year | 40/41 | €267,659 | €239,275 | -€28,384 | -10.6% |
| Other amounts receivable | 41 | €267,659 | €239,275 | -€28,384 | -10.6% |
| Current investments | 50/53 | €6,869 | €6,869 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,345 | €44,074 | +€31,728 | +257% |
| Deferred charges and accrued income | 490/1 | €3,000 | €6,420 | +€3,419 | +114% |
| Total equity and liabilities | 10/49 | €1,253,381 | €1,234,417 | -€18,963 | -1.5% |
| Equity | 10/15 | €1,039,180 | €1,038,957 | -€223 | 0.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €977,206 | €976,983 | -€223 | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €134,344 | €126,237 | -€8,106 | -6.0% |
| Distributable reserves | 133 | €836,665 | €844,549 | +€7,883 | +0.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €69,176 | €65,003 | -€4,174 | -6.0% |
| Provisions for liabilities and charges | 160/5 | €69,176 | €65,003 | -€4,174 | -6.0% |
| Taxes | 161 | €69,176 | €65,003 | -€4,174 | -6.0% |
| Amounts payable | 17/49 | €145,025 | €130,458 | -€14,567 | -10.0% |
| Amounts payable after more than one year | 17 | €46,421 | €28,843 | -€17,578 | -37.9% |
| Financial debts | 170/4 | €46,421 | €28,843 | -€17,578 | -37.9% |
| Amounts payable within one year | 42/48 | €97,979 | €100,365 | +€2,386 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €21,022 | €17,578 | -€3,444 | -16.4% |
| Financial debts | 43 | €7,175 | €7,127 | -€48 | -0.7% |
| Credit institutions | 430/8 | €7,175 | €7,127 | -€48 | -0.7% |
| Trade debts | 44 | €600 | €13,700 | +€13,100 | +2,183% |
| Suppliers | 440/4 | €600 | €13,700 | +€13,100 | +2,183% |
| Taxes, remuneration and social security | 45 | €69,183 | €61,960 | -€7,223 | -10.4% |
| Taxes | 450/3 | €39,097 | €34,157 | -€4,940 | -12.6% |
| Remuneration and social security | 454/9 | €30,086 | €27,803 | -€2,283 | -7.6% |
| Accrued charges and deferred income | 492/3 | €624 | €1,250 | +€626 | +100% |
| Remuneration, social security and pensions | 62 | €140,011 | €145,405 | +€5,393 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,380 | €25,727 | -€1,653 | -6.0% |
| Other operating charges | 640/8 | €3,764 | €3,618 | -€146 | -3.9% |
| Gross operating margin | 9900 | €304,538 | €179,667 | -€124,871 | -41.0% |
| Operating profit (loss) | 9901 | €133,383 | €4,917 | -€128,466 | -96.3% |
| Financial income | 75/76B | €19 | €496 | +€478 | +2,543% |
| Recurring financial income | 75 | €19 | €496 | +€478 | +2,543% |
| Financial charges | 65/66B | €3,825 | €2,891 | -€934 | -24.4% |
| Recurring financial charges | 65 | €3,825 | €2,891 | -€934 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €129,577 | €2,522 | -€127,054 | -98.1% |
| Transfer from deferred taxes | 780 | €4,174 | €4,174 | = | 0.0% |
| Income taxes | 67/77 | €61,828 | €6,919 | -€54,909 | -88.8% |
| Profit (loss) for the period | 9904 | €71,923 | -€223 | -€72,145 | |
| Transfer from tax-exempt reserves | 789 | €8,106 | €8,106 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,029 | €7,883 | -€72,145 | -90.1% |
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.