FARMADIL: 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.
FARMADIL
Largest movements
- Cash -€83,775
down €83,775 (-67.9%), from €123,357 to €39,582
mainly Debts after one year (-€277,424) and Contributions, distributions and other (-€100,000)
- Debts after one year -€277,424
down €277,424 (-26.5%), from €1.0m to €770,643
- Reserves +€115,828
up €115,828 (+10.4%), from €1.1m to €1.2m
- Other debts +€103,269
up €103,269 (+24.8%), from €416,746 to €520,014
- Financial income -€19,943
down €19,943 (-16.7%), from €119,657 to €99,714
- Gross operating margin -€10,660
down €10,660 (-4.0%), from €268,644 to €257,984
- Taxes -€5,249
down €5,249 (-7.1%), from €73,654 to €68,405
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.
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 | €3,143,216 | €3,083,253 | -€59,963 | -1.9% |
| Fixed assets | 21/28 | €2,611,700 | €2,609,358 | -€2,342 | -0.1% |
| Tangible fixed assets | 22/27 | €22,338 | €19,996 | -€2,342 | -10.5% |
| Plant, machinery and equipment | 23 | €16,097 | €13,755 | -€2,342 | -14.5% |
| Furniture and vehicles | 24 | €6,241 | €6,241 | = | 0.0% |
| Financial fixed assets | 28 | €2,589,362 | €2,589,362 | = | 0.0% |
| Current assets | 29/58 | €531,516 | €473,895 | -€57,621 | -10.8% |
| Amounts receivable after more than one year | 29 | €190,000 | €190,000 | = | 0.0% |
| Other amounts receivable | 291 | €190,000 | €190,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €218,071 | €244,225 | +€26,154 | +12.0% |
| Trade receivables | 40 | €35,000 | - | -€35,000 | |
| Other amounts receivable | 41 | €183,071 | €244,225 | +€61,154 | +33.4% |
| Cash at bank and in hand | 54/58 | €123,357 | €39,582 | -€83,775 | -67.9% |
| Deferred charges and accrued income | 490/1 | €89 | €89 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,143,216 | €3,083,253 | -€59,963 | -1.9% |
| Equity | 10/15 | €1,430,620 | €1,546,448 | +€115,828 | +8.1% |
| Contributions | 10/11 | €318,500 | €318,500 | = | 0.0% |
| Reserves | 13 | €1,112,120 | €1,227,948 | +€115,828 | +10.4% |
| Distributable reserves | 133 | €1,112,120 | €1,227,948 | +€115,828 | +10.4% |
| Amounts payable | 17/49 | €1,712,596 | €1,536,805 | -€175,791 | -10.3% |
| Amounts payable after more than one year | 17 | €1,048,066 | €770,643 | -€277,424 | -26.5% |
| Financial debts | 170/4 | €1,048,066 | €770,643 | -€277,424 | -26.5% |
| Amounts payable within one year | 42/48 | €650,760 | €747,347 | +€96,587 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €174,293 | €177,424 | +€3,131 | +1.8% |
| Financial debts | 43 | €21,974 | €24,392 | +€2,418 | +11.0% |
| Credit institutions | 430/8 | €21,974 | €24,392 | +€2,418 | +11.0% |
| Trade debts | 44 | €15,862 | €2,646 | -€13,216 | -83.3% |
| Suppliers | 440/4 | €15,862 | €2,646 | -€13,216 | -83.3% |
| Taxes, remuneration and social security | 45 | €21,885 | €22,870 | +€985 | +4.5% |
| Taxes | 450/3 | €21,885 | €22,870 | +€985 | +4.5% |
| Other amounts payable | 47/48 | €416,746 | €520,014 | +€103,269 | +24.8% |
| Accrued charges and deferred income | 492/3 | €13,770 | €18,816 | +€5,046 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,342 | €2,342 | = | 0.0% |
| Other operating charges | 640/8 | €1,053 | €1,201 | +€149 | +14.1% |
| Gross operating margin | 9900 | €268,644 | €257,984 | -€10,660 | -4.0% |
| Operating profit (loss) | 9901 | €265,250 | €254,441 | -€10,809 | -4.1% |
| Financial income | 75/76B | €119,657 | €99,714 | -€19,943 | -16.7% |
| Recurring financial income | 75 | €119,657 | €99,714 | -€19,943 | -16.7% |
| Financial charges | 65/66B | €70,059 | €69,922 | -€136 | -0.2% |
| Recurring financial charges | 65 | €70,059 | €69,922 | -€136 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €314,848 | €284,233 | -€30,615 | -9.7% |
| Income taxes | 67/77 | €73,654 | €68,405 | -€5,249 | -7.1% |
| Profit (loss) for the period | 9904 | €241,195 | €215,828 | -€25,366 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €241,195 | €215,828 | -€25,366 | -10.5% |
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 17 October 2026 via checked.be.