FARMAX GLOBAL: 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.
FARMAX GLOBAL
Largest movements
- Receivables within one year -€17,730
down €17,730 (-17.3%), from €102,382 to €84,653
of which Other amounts receivable: -€13,599
- Stocks and contracts -€3,415
no longer reported in 2025 (was €3,415)
- Deferred charges and accrued income +€1,894
new in 2025: €1,894
- Short-term financial debts -€64,033
down €64,033 (-70.1%), from €91,341 to €27,308
- Profit (loss) carried forward +€28,976
up €28,976 (+30.2%), from -€95,818 to -€66,842
- Tax, wage and social debts +€9,380
new in 2025: €9,380
- Trade debts +€5,017
up €5,017 (+16.2%), from €30,959 to €35,977
- Other debts +€1,409
up €1,409 (+2.5%), from €57,324 to €58,733
- Gross operating margin +€48,003
up €48,003 (+1,302%), from €3,686 to €51,690
- Taxes +€7,211
new in 2025: €7,211
- Financial charges +€6,756
up €6,756 (+77.2%), from €8,746 to €15,503
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,797 | €86,547 | -€19,250 | -18.2% |
| Current assets | 29/58 | €105,797 | €86,547 | -€19,250 | -18.2% |
| Stocks and contracts in progress | 3 | €3,415 | - | -€3,415 | |
| Stocks | 30/36 | €3,415 | - | -€3,415 | |
| Amounts receivable within one year | 40/41 | €102,382 | €84,653 | -€17,730 | -17.3% |
| Trade receivables | 40 | €88,783 | €84,653 | -€4,130 | -4.7% |
| Other amounts receivable | 41 | €13,599 | - | -€13,599 | |
| Deferred charges and accrued income | 490/1 | - | €1,894 | +€1,894 | |
| Total equity and liabilities | 10/49 | €105,797 | €86,547 | -€19,250 | -18.2% |
| Equity | 10/15 | -€73,827 | -€44,851 | +€28,976 | +39.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,991 | €1,991 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,991 | €1,991 | = | 0.0% |
| Legal reserve | 130 | €1,991 | €1,991 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,818 | -€66,842 | +€28,976 | +30.2% |
| Amounts payable | 17/49 | €179,624 | €131,398 | -€48,226 | -26.8% |
| Amounts payable within one year | 42/48 | €179,624 | €131,398 | -€48,226 | -26.8% |
| Financial debts | 43 | €91,341 | €27,308 | -€64,033 | -70.1% |
| Credit institutions | 430/8 | €91,341 | €27,308 | -€64,033 | -70.1% |
| Trade debts | 44 | €30,959 | €35,977 | +€5,017 | +16.2% |
| Suppliers | 440/4 | €30,959 | €35,977 | +€5,017 | +16.2% |
| Taxes, remuneration and social security | 45 | - | €9,380 | +€9,380 | |
| Taxes | 450/3 | - | €9,380 | +€9,380 | |
| Other amounts payable | 47/48 | €57,324 | €58,733 | +€1,409 | +2.5% |
| Gross operating margin | 9900 | €3,686 | €51,690 | +€48,003 | +1,302% |
| Operating profit (loss) | 9901 | €3,686 | €51,690 | +€48,003 | +1,302% |
| Financial charges | 65/66B | €8,746 | €15,503 | +€6,756 | +77.2% |
| Recurring financial charges | 65 | €8,746 | €15,503 | +€6,756 | +77.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,060 | €36,187 | +€41,247 | |
| Income taxes | 67/77 | - | €7,211 | +€7,211 | |
| Profit (loss) for the period | 9904 | -€5,060 | €28,976 | +€34,036 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,060 | €28,976 | +€34,036 |
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 29 October 2026 via checked.be.