FERME BLAISE: 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.
FERME BLAISE
Largest movements
- Receivables within one year -€7,808
down €7,808 (-73.8%), from €10,577 to €2,769
of which Trade receivables: -€10,183
- Stocks and contracts -€4,274
down €4,274 (-49.6%), from €8,611 to €4,337
- Tangible fixed assets -€2,247
down €2,247 (-36.5%), from €6,159 to €3,912
of which Furniture and vehicles: -€4,949
- Cash +€2,193
up €2,193 (+10.9%), from €20,078 to €22,271
mainly Receivables within one year (+€7,808) and Other debts (+€7,339)
- Profit (loss) carried forward -€12,436
down €12,436 (-52.7%), from -€23,585 to -€36,021
- Other debts +€7,339
up €7,339 (+20.6%), from €35,598 to €42,937
- Accrued charges and deferred income -€3,928
no longer reported in 2025 (was €3,928)
- Debts after one year -€2,345
no longer reported in 2025 (was €2,345)
- Gross operating margin -€17,804
down €17,804, from €8,512 to -€9,292
- Depreciation -€9,200
down €9,200 (-80.4%), from €11,447 to €2,247
- Other operating charges -€222
down €222 (-32.5%), from €684 to €462
- Financial charges -€107
down €107 (-19.7%), from €542 to €435
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 | €46,158 | €34,363 | -€11,795 | -25.6% |
| Fixed assets | 21/28 | €6,159 | €3,912 | -€2,247 | -36.5% |
| Tangible fixed assets | 22/27 | €6,159 | €3,912 | -€2,247 | -36.5% |
| Plant, machinery and equipment | 23 | €1,060 | €3,762 | +€2,702 | +254.9% |
| Furniture and vehicles | 24 | €5,099 | €150 | -€4,949 | -97.1% |
| Current assets | 29/58 | €39,999 | €30,451 | -€9,548 | -23.9% |
| Stocks and contracts in progress | 3 | €8,611 | €4,337 | -€4,274 | -49.6% |
| Stocks | 30/36 | €8,611 | €4,337 | -€4,274 | -49.6% |
| Amounts receivable within one year | 40/41 | €10,577 | €2,769 | -€7,808 | -73.8% |
| Trade receivables | 40 | €10,183 | - | -€10,183 | |
| Other amounts receivable | 41 | €394 | €2,769 | +€2,375 | +602.8% |
| Cash at bank and in hand | 54/58 | €20,078 | €22,271 | +€2,193 | +10.9% |
| Deferred charges and accrued income | 490/1 | €733 | €1,074 | +€341 | +46.5% |
| Total equity and liabilities | 10/49 | €46,158 | €34,363 | -€11,795 | -25.6% |
| Equity | 10/15 | -€3,125 | -€15,561 | -€12,436 | -398.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,585 | -€36,021 | -€12,436 | -52.7% |
| Amounts payable | 17/49 | €49,283 | €49,924 | +€641 | +1.3% |
| Amounts payable after more than one year | 17 | €2,345 | - | -€2,345 | |
| Financial debts | 170/4 | €2,345 | - | -€2,345 | |
| Amounts payable within one year | 42/48 | €43,010 | €49,924 | +€6,914 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €2,687 | €2,345 | -€342 | -12.7% |
| Trade debts | 44 | €4,725 | €4,642 | -€83 | -1.8% |
| Suppliers | 440/4 | €4,725 | €4,642 | -€83 | -1.8% |
| Other amounts payable | 47/48 | €35,598 | €42,937 | +€7,339 | +20.6% |
| Accrued charges and deferred income | 492/3 | €3,928 | - | -€3,928 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,447 | €2,247 | -€9,200 | -80.4% |
| Other operating charges | 640/8 | €684 | €462 | -€222 | -32.5% |
| Gross operating margin | 9900 | €8,512 | -€9,292 | -€17,804 | |
| Operating profit (loss) | 9901 | -€3,619 | -€12,001 | -€8,382 | -231.6% |
| Financial charges | 65/66B | €542 | €435 | -€107 | -19.7% |
| Recurring financial charges | 65 | €542 | €435 | -€107 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,161 | -€12,436 | -€8,275 | -198.9% |
| Profit (loss) for the period | 9904 | -€4,161 | -€12,436 | -€8,275 | -198.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,161 | -€12,436 | -€8,275 | -198.9% |
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.