FARMALIS: 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.
FARMALIS
Largest movements
- Tangible fixed assets +€290,417
up €290,417 (+34.5%), from €841,573 to €1.1m
of which Land and buildings: +€252,808
- Cash +€55,643
up €55,643 (+545.9%), from €10,193 to €65,837
mainly Debts after one year (+€315,201) and Depreciation (+€76,186)
- Receivables within one year -€13,746
down €13,746 (-43.8%), from €31,351 to €17,605
of which Trade receivables: -€13,684
- Debts after one year +€315,201
new in 2025: €315,201
of which Financial debts: +€280,873
- Current portion of long-term debt +€19,746
new in 2025: €19,746
- Profit (loss) carried forward -€19,073
down €19,073 (-13.9%), from -€137,205 to -€156,278
- Trade debts +€12,721
up €12,721 (+123.2%), from €10,328 to €23,048
- Gross operating margin +€45,601
up €45,601 (+179.8%), from €25,364 to €70,966
- Depreciation +€29,454
up €29,454 (+63.0%), from €46,733 to €76,186
- Financial charges +€5,887
up €5,887 (+243.5%), from €2,417 to €8,304
- Other operating charges -€2,006
down €2,006 (-28.8%), from €6,975 to €4,969
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 | €888,217 | €1,219,904 | +€331,687 | +37.3% |
| Fixed assets | 21/28 | €845,183 | €1,131,990 | +€286,807 | +33.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €841,573 | €1,131,990 | +€290,417 | +34.5% |
| Land and buildings | 22 | €839,471 | €1,092,278 | +€252,808 | +30.1% |
| Furniture and vehicles | 24 | €943 | €39,311 | +€38,368 | +4070.4% |
| Other tangible fixed assets | 26 | €1,159 | €400 | -€759 | -65.5% |
| Financial fixed assets | 28 | €3,610 | - | -€3,610 | |
| Current assets | 29/58 | €43,034 | €87,914 | +€44,880 | +104.3% |
| Amounts receivable within one year | 40/41 | €31,351 | €17,605 | -€13,746 | -43.8% |
| Trade receivables | 40 | €31,289 | €17,605 | -€13,684 | -43.7% |
| Other amounts receivable | 41 | €62 | - | -€62 | |
| Cash at bank and in hand | 54/58 | €10,193 | €65,837 | +€55,643 | +545.9% |
| Deferred charges and accrued income | 490/1 | €1,490 | €4,473 | +€2,983 | +200.2% |
| Total equity and liabilities | 10/49 | €888,217 | €1,219,904 | +€331,687 | +37.3% |
| Equity | 10/15 | -€2,648 | -€21,721 | -€19,073 | -720.2% |
| Contributions | 10/11 | €122,325 | €122,325 | = | 0.0% |
| Reserves | 13 | €12,232 | €12,232 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,232 | €12,232 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,232 | €12,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,205 | -€156,278 | -€19,073 | -13.9% |
| Amounts payable | 17/49 | €890,865 | €1,241,625 | +€350,760 | +39.4% |
| Amounts payable after more than one year | 17 | - | €315,201 | +€315,201 | |
| Financial debts | 170/4 | - | €280,873 | +€280,873 | |
| Advances received on contracts in progress | 176 | - | €34,327 | +€34,327 | |
| Amounts payable within one year | 42/48 | €888,266 | €926,424 | +€38,159 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | - | €19,746 | +€19,746 | |
| Trade debts | 44 | €10,328 | €23,048 | +€12,721 | +123.2% |
| Suppliers | 440/4 | €10,328 | €23,048 | +€12,721 | +123.2% |
| Taxes, remuneration and social security | 45 | €9,814 | €7,787 | -€2,027 | -20.7% |
| Taxes | 450/3 | €9,814 | €7,787 | -€2,027 | -20.7% |
| Other amounts payable | 47/48 | €868,125 | €875,843 | +€7,718 | +0.9% |
| Accrued charges and deferred income | 492/3 | €2,599 | - | -€2,599 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,733 | €76,186 | +€29,454 | +63.0% |
| Other operating charges | 640/8 | €6,975 | €4,969 | -€2,006 | -28.8% |
| Gross operating margin | 9900 | €25,364 | €70,966 | +€45,601 | +179.8% |
| Operating profit (loss) | 9901 | -€28,343 | -€10,190 | +€18,154 | +64.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,417 | €8,304 | +€5,887 | +243.5% |
| Recurring financial charges | 65 | €2,417 | €8,304 | +€5,887 | +243.5% |
| Profit (loss) for the period before taxes | 9903 | -€30,760 | -€18,494 | +€12,266 | +39.9% |
| Income taxes | 67/77 | €498 | €579 | +€81 | +16.3% |
| Profit (loss) for the period | 9904 | -€31,257 | -€19,073 | +€12,185 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,257 | -€19,073 | +€12,185 | +39.0% |
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 8 October 2026 via checked.be.