Ferm IT: 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.
Ferm IT
Largest movements
- Receivables within one year +€21,719
up €21,719 (+243.7%), from €8,914 to €30,632
of which Other amounts receivable: +€14,846
- Cash +€12,860
up €12,860 (+33.8%), from €38,039 to €50,899
mainly Net result for the year (+€38,825) and Depreciation (+€1,663)
- Tangible fixed assets +€2,616
up €2,616 (+121.2%), from €2,159 to €4,774
of which Plant, machinery and equipment: +€2,017
- Reserves +€77,727
new in 2025: €77,727
- Profit (loss) carried forward -€40,778
no longer reported in 2025 (was €40,778)
- Tax, wage and social debts +€1,172
up €1,172 (+20.3%), from €5,785 to €6,957
- Trade debts -€892
down €892 (-90.9%), from €981 to €89
- Gross operating margin +€5,929
up €5,929 (+13.0%), from €45,622 to €51,551
- Taxes +€1,423
up €1,423 (+15.8%), from €9,026 to €10,450
- Depreciation +€1,305
up €1,305 (+364.6%), from €358 to €1,663
- Financial charges -€1,087
down €1,087 (-42.9%), from €2,537 to €1,449
- Other operating charges -€1,008
down €1,008 (-94.2%), from €1,070 to €62
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 | €50,044 | €87,274 | +€37,230 | +74.4% |
| Fixed assets | 21/28 | €2,159 | €4,774 | +€2,616 | +121.2% |
| Tangible fixed assets | 22/27 | €2,159 | €4,774 | +€2,616 | +121.2% |
| Plant, machinery and equipment | 23 | €1,026 | €3,043 | +€2,017 | +196.6% |
| Furniture and vehicles | 24 | €1,133 | €1,731 | +€599 | +52.9% |
| Current assets | 29/58 | €47,885 | €82,500 | +€34,615 | +72.3% |
| Amounts receivable within one year | 40/41 | €8,914 | €30,632 | +€21,719 | +243.7% |
| Trade receivables | 40 | €6,752 | €13,625 | +€6,873 | +101.8% |
| Other amounts receivable | 41 | €2,162 | €17,008 | +€14,846 | +686.7% |
| Cash at bank and in hand | 54/58 | €38,039 | €50,899 | +€12,860 | +33.8% |
| Deferred charges and accrued income | 490/1 | €933 | €969 | +€36 | +3.8% |
| Total equity and liabilities | 10/49 | €50,044 | €87,274 | +€37,230 | +74.4% |
| Equity | 10/15 | €43,278 | €80,227 | +€36,950 | +85.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €77,727 | +€77,727 | |
| Distributable reserves | 133 | - | €77,727 | +€77,727 | |
| Profit (loss) carried forward | 14 | €40,778 | - | -€40,778 | |
| Amounts payable | 17/49 | €6,766 | €7,047 | +€280 | +4.1% |
| Amounts payable within one year | 42/48 | €6,766 | €7,047 | +€280 | +4.1% |
| Trade debts | 44 | €981 | €89 | -€892 | -90.9% |
| Suppliers | 440/4 | €981 | €89 | -€892 | -90.9% |
| Taxes, remuneration and social security | 45 | €5,785 | €6,957 | +€1,172 | +20.3% |
| Taxes | 450/3 | €5,785 | €6,957 | +€1,172 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €1,663 | +€1,305 | +364.6% |
| Other operating charges | 640/8 | €1,070 | €62 | -€1,008 | -94.2% |
| Gross operating margin | 9900 | €45,622 | €51,551 | +€5,929 | +13.0% |
| Operating profit (loss) | 9901 | €44,194 | €49,826 | +€5,632 | +12.7% |
| Financial income | 75/76B | €63 | €897 | +€834 | +1321.9% |
| Recurring financial income | 75 | €63 | €897 | +€834 | +1321.9% |
| Financial charges | 65/66B | €2,537 | €1,449 | -€1,087 | -42.9% |
| Recurring financial charges | 65 | €2,537 | €1,449 | -€1,087 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €41,721 | €49,274 | +€7,554 | +18.1% |
| Income taxes | 67/77 | €9,026 | €10,450 | +€1,423 | +15.8% |
| Profit (loss) for the period | 9904 | €32,694 | €38,825 | +€6,130 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,694 | €38,825 | +€6,130 | +18.8% |
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 30 September 2026 via checked.be.