FERME D'ECARGNE: 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.
FERME D'ECARGNE
Largest movements
- Receivables within one year -€6,826
down €6,826 (-1.6%), from €435,272 to €428,446
of which Trade receivables: -€6,851
- Other debts +€14,500
up €14,500 (+19.4%), from €74,600 to €89,100
- Tax, wage and social debts -€11,259
down €11,259 (-98.7%), from €11,409 to €150
- Trade debts -€6,482
down €6,482 (-95.5%), from €6,789 to €307
- Gross operating margin -€54,603
down €54,603 (-98.4%), from €55,468 to €866
- Depreciation -€16,635
no longer reported in 2026 (was €16,635)
- Taxes -€11,259
down €11,259 (-98.7%), from €11,409 to €150
From the 2025 result to the 2026 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
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €636,405 | €626,610 | -€9,795 | -1.5% |
| Fixed assets | 21/28 | €191,824 | €191,824 | = | 0.0% |
| Tangible fixed assets | 22/27 | €191,720 | €191,720 | = | 0.0% |
| Land and buildings | 22 | €191,720 | €191,720 | = | 0.0% |
| Financial fixed assets | 28 | €104 | €104 | = | 0.0% |
| Current assets | 29/58 | €444,581 | €434,787 | -€9,795 | -2.2% |
| Amounts receivable within one year | 40/41 | €435,272 | €428,446 | -€6,826 | -1.6% |
| Trade receivables | 40 | €9,097 | €2,245 | -€6,851 | -75.3% |
| Other amounts receivable | 41 | €426,175 | €426,201 | +€25 | 0.0% |
| Cash at bank and in hand | 54/58 | €9,309 | €6,341 | -€2,969 | -31.9% |
| Total equity and liabilities | 10/49 | €636,405 | €626,610 | -€9,795 | -1.5% |
| Equity | 10/15 | €481,133 | €475,583 | -€5,550 | -1.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €431,018 | €425,018 | -€6,000 | -1.4% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €98,018 | €92,018 | -€6,000 | -6.1% |
| Distributable reserves | 133 | €328,000 | €328,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115 | €565 | +€450 | +392% |
| Amounts payable | 17/49 | €155,273 | €151,028 | -€4,245 | -2.7% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,797 | €89,557 | -€3,240 | -3.5% |
| Trade debts | 44 | €6,789 | €307 | -€6,482 | -95.5% |
| Suppliers | 440/4 | €6,789 | €307 | -€6,482 | -95.5% |
| Taxes, remuneration and social security | 45 | €11,409 | €150 | -€11,259 | -98.7% |
| Taxes | 450/3 | €11,409 | €150 | -€11,259 | -98.7% |
| Other amounts payable | 47/48 | €74,600 | €89,100 | +€14,500 | +19.4% |
| Accrued charges and deferred income | 492/3 | €2,475 | €1,471 | -€1,005 | -40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,635 | - | -€16,635 | |
| Other operating charges | 640/8 | €5,744 | €6,188 | +€444 | +7.7% |
| Gross operating margin | 9900 | €55,468 | €866 | -€54,603 | -98.4% |
| Operating profit (loss) | 9901 | €33,089 | -€5,322 | -€38,411 | |
| Financial charges | 65/66B | €134 | €78 | -€56 | -41.6% |
| Recurring financial charges | 65 | €134 | €78 | -€56 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €32,956 | -€5,400 | -€38,356 | |
| Income taxes | 67/77 | €11,409 | €150 | -€11,259 | -98.7% |
| Profit (loss) for the period | 9904 | €21,547 | -€5,550 | -€27,097 | |
| Transfer from tax-exempt reserves | 789 | €8,911 | €6,000 | -€2,911 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,458 | €450 | -€30,008 | -98.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.