FARMMEAT: 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.
FARMMEAT
Largest movements
- Receivables within one year +€71,214
up €71,214 (+33.7%), from €211,381 to €282,596
of which Trade receivables: +€58,856
- Tangible fixed assets -€18,498
down €18,498 (-31.9%), from €58,002 to €39,504
of which Furniture and vehicles: -€17,806
- Cash -€13,843
down €13,843 (-80.7%), from €17,153 to €3,310
mainly Receivables within one year (-€71,214) and Other debts (-€19,601)
- Reserves +€36,466
up €36,466 (+39.1%), from €93,144 to €129,610
- Trade debts +€25,411
up €25,411 (+18.0%), from €141,447 to €166,857
- Other debts -€19,601
down €19,601 (-96.9%), from €20,223 to €622
- Debts after one year -€8,333
down €8,333 (-92.3%), from €9,028 to €694
- Short-term financial debts +€6,667
up €6,667, from €0 to €6,667
- Gross operating margin -€35,655
down €35,655 (-32.6%), from €109,531 to €73,875
- Taxes -€13,414
down €13,414 (-46.7%), from €28,738 to €15,324
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 | €291,788 | €330,272 | +€38,484 | +13.2% |
| Fixed assets | 21/28 | €58,002 | €39,504 | -€18,498 | -31.9% |
| Tangible fixed assets | 22/27 | €58,002 | €39,504 | -€18,498 | -31.9% |
| Plant, machinery and equipment | 23 | €2,939 | €2,247 | -€692 | -23.5% |
| Furniture and vehicles | 24 | €55,063 | €37,257 | -€17,806 | -32.3% |
| Current assets | 29/58 | €233,786 | €290,768 | +€56,982 | +24.4% |
| Amounts receivable within one year | 40/41 | €211,381 | €282,596 | +€71,214 | +33.7% |
| Trade receivables | 40 | €119,404 | €178,260 | +€58,856 | +49.3% |
| Other amounts receivable | 41 | €91,977 | €104,335 | +€12,358 | +13.4% |
| Cash at bank and in hand | 54/58 | €17,153 | €3,310 | -€13,843 | -80.7% |
| Deferred charges and accrued income | 490/1 | €5,252 | €4,862 | -€390 | -7.4% |
| Total equity and liabilities | 10/49 | €291,788 | €330,272 | +€38,484 | +13.2% |
| Equity | 10/15 | €99,344 | €135,810 | +€36,466 | +36.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €93,144 | €129,610 | +€36,466 | +39.1% |
| Distributable reserves | 133 | €93,144 | €129,610 | +€36,466 | +39.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €192,444 | €194,462 | +€2,018 | +1.0% |
| Amounts payable after more than one year | 17 | €9,028 | €694 | -€8,333 | -92.3% |
| Financial debts | 170/4 | €9,028 | €694 | -€8,333 | -92.3% |
| Amounts payable within one year | 42/48 | €183,416 | €193,768 | +€10,352 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €13,008 | €8,333 | -€4,675 | -35.9% |
| Financial debts | 43 | €0 | €6,667 | +€6,667 | |
| Credit institutions | 430/8 | €0 | €6,667 | +€6,667 | |
| Trade debts | 44 | €141,447 | €166,857 | +€25,411 | +18.0% |
| Suppliers | 440/4 | €141,447 | €166,857 | +€25,411 | +18.0% |
| Taxes, remuneration and social security | 45 | €8,738 | €11,288 | +€2,550 | +29.2% |
| Taxes | 450/3 | €8,738 | €11,288 | +€2,550 | +29.2% |
| Other amounts payable | 47/48 | €20,223 | €622 | -€19,601 | -96.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,579 | €19,233 | -€346 | -1.8% |
| Other operating charges | 640/8 | €2,547 | €1,560 | -€988 | -38.8% |
| Gross operating margin | 9900 | €109,531 | €73,875 | -€35,655 | -32.6% |
| Operating profit (loss) | 9901 | €87,404 | €53,082 | -€34,322 | -39.3% |
| Financial income | 75/76B | €588 | €72 | -€516 | -87.7% |
| Recurring financial income | 75 | €588 | €72 | -€516 | -87.7% |
| Financial charges | 65/66B | €1,182 | €1,364 | +€182 | +15.4% |
| Recurring financial charges | 65 | €1,182 | €1,364 | +€182 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €86,810 | €51,790 | -€35,020 | -40.3% |
| Income taxes | 67/77 | €28,738 | €15,324 | -€13,414 | -46.7% |
| Profit (loss) for the period | 9904 | €58,073 | €36,466 | -€21,607 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,073 | €36,466 | -€21,607 | -37.2% |
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 6 October 2026 via checked.be.