FERME DE PALISSADE: what changed
FERME DE PALISSADE
Largest movements
- Cash +€115,388
up €115,388 (+488%), from €23,642 to €139,030
mainly Trade debts (+€88,117) and Depreciation (+€79,531)
- Tangible fixed assets -€72,965
down €72,965 (-12.5%), from €581,746 to €508,781
of which Land and buildings: -€40,428
- Receivables within one year -€41,243
down €41,243 (-67.9%), from €60,730 to €19,487
of which Trade receivables: -€47,415
- Stocks and contracts +€27,424
up €27,424 (+40.5%), from €67,720 to €95,144
- Trade debts +€88,117
up €88,117 (+207%), from €42,561 to €130,678
- Profit (loss) carried forward -€81,096
down €81,096 (-46.5%), from €174,498 to €93,402
- Debts after one year -€65,556
down €65,556 (-14.0%), from €468,452 to €402,896
- Other debts +€64,600
up €64,600 (+1,900%), from €3,400 to €68,000
- Current portion of long-term debt +€16,967
up €16,967 (+52.2%), from €32,500 to €49,467
- Turnover +€533,776
new in 2025: €533,776
- Purchases and services +€298,286
up €298,286 (+736%), from €40,509 to €338,795
- Gross operating margin +€23,231
up €23,231 (+13.5%), from €171,750 to €194,981
- Depreciation +€8,658
up €8,658 (+12.2%), from €70,873 to €79,531
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €733,838 | €762,442 | +€28,604 | +3.9% |
| Fixed assets | 21/28 | €581,746 | €508,781 | -€72,965 | -12.5% |
| Tangible fixed assets | 22/27 | €581,746 | €508,781 | -€72,965 | -12.5% |
| Land and buildings | 22 | €496,333 | €455,905 | -€40,428 | -8.1% |
| Plant, machinery and equipment | 23 | €43,052 | €21,759 | -€21,293 | -49.5% |
| Furniture and vehicles | 24 | €42,361 | €31,117 | -€11,244 | -26.5% |
| Current assets | 29/58 | €152,092 | €253,661 | +€101,569 | +66.8% |
| Stocks and contracts in progress | 3 | €67,720 | €95,144 | +€27,424 | +40.5% |
| Stocks | 30/36 | €67,720 | €95,144 | +€27,424 | +40.5% |
| Amounts receivable within one year | 40/41 | €60,730 | €19,487 | -€41,243 | -67.9% |
| Trade receivables | 40 | €60,730 | €13,315 | -€47,415 | -78.1% |
| Other amounts receivable | 41 | - | €6,172 | +€6,172 | |
| Cash at bank and in hand | 54/58 | €23,642 | €139,030 | +€115,388 | +488% |
| Total equity and liabilities | 10/49 | €733,838 | €762,442 | +€28,604 | +3.9% |
| Equity | 10/15 | €180,498 | €99,402 | -€81,096 | -44.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,498 | €93,402 | -€81,096 | -46.5% |
| Amounts payable | 17/49 | €553,340 | €663,041 | +€109,701 | +19.8% |
| Amounts payable after more than one year | 17 | €468,452 | €402,896 | -€65,556 | -14.0% |
| Financial debts | 170/4 | €468,452 | €402,896 | -€65,556 | -14.0% |
| Amounts payable within one year | 42/48 | €84,888 | €260,145 | +€175,257 | +206% |
| Current portion of amounts payable after more than one year | 42 | €32,500 | €49,467 | +€16,967 | +52.2% |
| Trade debts | 44 | €42,561 | €130,678 | +€88,117 | +207% |
| Suppliers | 440/4 | €42,561 | €130,678 | +€88,117 | +207% |
| Taxes, remuneration and social security | 45 | €6,427 | €12,000 | +€5,573 | +86.7% |
| Taxes | 450/3 | €6,427 | €12,000 | +€5,573 | +86.7% |
| Other amounts payable | 47/48 | €3,400 | €68,000 | +€64,600 | +1,900% |
| Turnover | 70 | - | €533,776 | +€533,776 | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,509 | €338,795 | +€298,286 | +736% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,873 | €79,531 | +€8,658 | +12.2% |
| Other operating charges | 640/8 | €2,221 | €2,322 | +€101 | +4.5% |
| Gross operating margin | 9900 | €171,750 | €194,981 | +€23,231 | +13.5% |
| Operating profit (loss) | 9901 | €98,656 | €113,129 | +€14,473 | +14.7% |
| Financial charges | 65/66B | €6,401 | €6,798 | +€397 | +6.2% |
| Recurring financial charges | 65 | €6,401 | €6,798 | +€397 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €92,255 | €106,331 | +€14,076 | +15.3% |
| Income taxes | 67/77 | €28,818 | €27,426 | -€1,392 | -4.8% |
| Profit (loss) for the period | 9904 | €63,437 | €78,905 | +€15,468 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €63,437 | €78,905 | +€15,468 | +24.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.