FARMAFLEX: 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.
FARMAFLEX
Largest movements
- Tangible fixed assets -€34,204
down €34,204 (-25.1%), from €136,124 to €101,920
of which Land and buildings: -€33,973
- Receivables within one year +€23,291
up €23,291 (+12.2%), from €190,979 to €214,271
- Cash -€20,137
down €20,137 (-69.1%), from €29,143 to €9,005
mainly Receivables within one year (-€23,291) and Debts after one year (-€18,040)
- Stocks and contracts +€13,123
up €13,123 (+7.3%), from €178,841 to €191,964
- Debts after one year -€18,040
down €18,040 (-4.8%), from €372,400 to €354,360
of which Financial debts: -€40,956
- Gross operating margin -€12,361
down €12,361 (-29.0%), from €42,624 to €30,263
- Financial income +€2,339
up €2,339 (+25.3%), from €9,259 to €11,599
- Financial charges -€562
down €562 (-16.9%), from €3,325 to €2,763
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 | €566,190 | €549,186 | -€17,004 | -3.0% |
| Fixed assets | 21/28 | €166,124 | €131,920 | -€34,204 | -20.6% |
| Tangible fixed assets | 22/27 | €136,124 | €101,920 | -€34,204 | -25.1% |
| Land and buildings | 22 | €135,893 | €101,920 | -€33,973 | -25.0% |
| Furniture and vehicles | 24 | €231 | - | -€231 | |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €400,066 | €417,266 | +€17,200 | +4.3% |
| Stocks and contracts in progress | 3 | €178,841 | €191,964 | +€13,123 | +7.3% |
| Stocks | 30/36 | €178,841 | €191,964 | +€13,123 | +7.3% |
| Amounts receivable within one year | 40/41 | €190,979 | €214,271 | +€23,291 | +12.2% |
| Other amounts receivable | 41 | €190,979 | €214,271 | +€23,291 | +12.2% |
| Cash at bank and in hand | 54/58 | €29,143 | €9,005 | -€20,137 | -69.1% |
| Deferred charges and accrued income | 490/1 | €1,103 | €2,025 | +€922 | +83.6% |
| Total equity and liabilities | 10/49 | €566,190 | €549,186 | -€17,004 | -3.0% |
| Equity | 10/15 | €150,613 | €151,191 | +€578 | +0.4% |
| Contributions | 10/11 | €128,905 | €128,905 | = | 0.0% |
| Reserves | 13 | €21,708 | €22,286 | +€578 | +2.7% |
| Distributable reserves | 133 | €21,708 | €22,286 | +€578 | +2.7% |
| Amounts payable | 17/49 | €415,577 | €397,995 | -€17,582 | -4.2% |
| Amounts payable after more than one year | 17 | €372,400 | €354,360 | -€18,040 | -4.8% |
| Financial debts | 170/4 | €163,727 | €122,771 | -€40,956 | -25.0% |
| Other amounts payable | 178/9 | €208,674 | €231,589 | +€22,916 | +11.0% |
| Amounts payable within one year | 42/48 | €40,811 | €43,635 | +€2,823 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €40,388 | €40,956 | +€568 | +1.4% |
| Trade debts | 44 | €195 | €2,449 | +€2,254 | +1,156% |
| Suppliers | 440/4 | €195 | €2,449 | +€2,254 | +1,156% |
| Taxes, remuneration and social security | 45 | €228 | €230 | +€2 | +0.9% |
| Taxes | 450/3 | €228 | €230 | +€2 | +0.9% |
| Accrued charges and deferred income | 492/3 | €2,365 | - | -€2,365 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,510 | €34,204 | -€306 | -0.9% |
| Other operating charges | 640/8 | €4,007 | €4,078 | +€71 | +1.8% |
| Gross operating margin | 9900 | €42,624 | €30,263 | -€12,361 | -29.0% |
| Operating profit (loss) | 9901 | €4,107 | -€8,020 | -€12,127 | |
| Financial income | 75/76B | €9,259 | €11,599 | +€2,339 | +25.3% |
| Recurring financial income | 75 | €9,259 | €11,599 | +€2,339 | +25.3% |
| Financial charges | 65/66B | €3,325 | €2,763 | -€562 | -16.9% |
| Recurring financial charges | 65 | €3,325 | €2,763 | -€562 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €10,041 | €816 | -€9,225 | -91.9% |
| Income taxes | 67/77 | €230 | €238 | +€8 | +3.5% |
| Profit (loss) for the period | 9904 | €9,811 | €578 | -€9,233 | -94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,811 | €578 | -€9,233 | -94.1% |
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 18 October 2026 via checked.be.