FARMALIEN: what changed
Two fiscal 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.
FARMALIEN
Largest movements
- Receivables within one year -€28,834
down €28,834 (-59.7%), from €48,296 to €19,463
of which Trade receivables: -€33,722
- Reserves +€47,120
up €47,120 (+27.6%), from €170,626 to €217,746
- Debts after one year -€46,667
down €46,667 (-9.1%), from €511,703 to €465,036
- Trade debts -€35,881
down €35,881 (-94.7%), from €37,907 to €2,026
- Gross operating margin -€8,273
down €8,273 (-9.3%), from €88,520 to €80,247
- Taxes -€1,381
down €1,381 (-5.4%), from €25,478 to €24,097
- Financial charges -€1,135
down €1,135 (-11.5%), from €9,867 to €8,732
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.
Cash bridge derived
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 | €871,104 | €834,309 | -€36,795 | -4.2% |
| Fixed assets | 21/28 | €797,787 | €797,277 | -€510 | -0.1% |
| Tangible fixed assets | 22/27 | €1,320 | €810 | -€510 | -38.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €811 | €432 | -€380 | -46.8% |
| Other tangible fixed assets | 26 | €509 | €379 | -€130 | -25.6% |
| Financial fixed assets | 28 | €796,467 | €796,467 | = | 0.0% |
| Current assets | 29/58 | €73,317 | €37,032 | -€36,285 | -49.5% |
| Amounts receivable within one year | 40/41 | €48,296 | €19,463 | -€28,834 | -59.7% |
| Trade receivables | 40 | €33,771 | €49 | -€33,722 | -99.9% |
| Other amounts receivable | 41 | €14,525 | €19,413 | +€4,888 | +33.7% |
| Cash at bank and in hand | 54/58 | €24,280 | €17,016 | -€7,265 | -29.9% |
| Deferred charges and accrued income | 490/1 | €741 | €554 | -€187 | -25.2% |
| Total equity and liabilities | 10/49 | €871,104 | €834,309 | -€36,795 | -4.2% |
| Equity | 10/15 | €189,226 | €236,346 | +€47,120 | +24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170,626 | €217,746 | +€47,120 | +27.6% |
| Distributable reserves | 133 | €170,626 | €217,746 | +€47,120 | +27.6% |
| Amounts payable | 17/49 | €681,878 | €597,963 | -€83,915 | -12.3% |
| Amounts payable after more than one year | 17 | €511,703 | €465,036 | -€46,667 | -9.1% |
| Financial debts | 170/4 | €511,703 | €465,036 | -€46,667 | -9.1% |
| Amounts payable within one year | 42/48 | €170,175 | €132,926 | -€37,248 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €52,000 | €52,000 | = | 0.0% |
| Trade debts | 44 | €37,907 | €2,026 | -€35,881 | -94.7% |
| Suppliers | 440/4 | €37,907 | €2,026 | -€35,881 | -94.7% |
| Taxes, remuneration and social security | 45 | €19,285 | €17,918 | -€1,367 | -7.1% |
| Taxes | 450/3 | €17,285 | €17,918 | +€633 | +3.7% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €60,983 | €60,983 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €728 | €510 | -€218 | -30.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €235 | +€235 | |
| Other operating charges | 640/8 | €887 | €400 | -€487 | -54.9% |
| Gross operating margin | 9900 | €88,520 | €80,247 | -€8,273 | -9.3% |
| Operating profit (loss) | 9901 | €86,905 | €79,103 | -€7,802 | -9.0% |
| Financial income | 75/76B | €0 | €846 | +€846 | |
| Recurring financial income | 75 | €0 | €846 | +€846 | |
| Financial charges | 65/66B | €9,867 | €8,732 | -€1,135 | -11.5% |
| Recurring financial charges | 65 | €9,867 | €8,732 | -€1,135 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €77,037 | €71,217 | -€5,821 | -7.6% |
| Income taxes | 67/77 | €25,478 | €24,097 | -€1,381 | -5.4% |
| Profit (loss) for the period | 9904 | €51,560 | €47,120 | -€4,440 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,560 | €47,120 | -€4,440 | -8.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.