FERME DE TARGNON: what changed
What changed
FERME DE TARGNON
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
filed annual accounts (NBB)
Net result for the year
€8,430
2024 · €12,251-€3,822
Equity
€51,369
2024 · €66,939-€15,570
Cash
€35,483
2024 · €56,943-€21,460
Balance sheet total
€61,188
2024 · €86,533-€25,344
Largest movements
Assets
- Cash -€21,460
down €21,460 (-37.7%), from €56,943 to €35,483
mainly Contributions, distributions and other (-€24,000) and Trade debts (-€8,658)
- Receivables within one year -€4,190
down €4,190 (-42.6%), from €9,836 to €5,645
of which Trade receivables: -€6,493
Equity and liabilities
- Reserves -€15,000
down €15,000 (-32.6%), from €46,000 to €31,000
- Trade debts -€8,658
down €8,658 (-76.5%), from €11,322 to €2,664
Income statement
- Gross operating margin -€2,137
down €2,137 (-11.9%), from €17,945 to €15,808
- Taxes +€1,673
up €1,673 (+1,199%), from €140 to €1,813
- Staff costs +€384
up €384 (+9.9%), from €3,861 to €4,245
- Depreciation -€349
down €349 (-14.8%), from €2,363 to €2,014
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.
Result 2024
€12,251
Gross operating margin
-€2,137
Staff costs
-€384
Depreciation
+€349
Other operating charges
-€19
Other operating items
+€38
Financial income
-€2
Financial charges
+€7
Taxes
-€1,673
Result 2025
€8,430
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€4,606
Investment
-€2,066
Financing
-€24,000
Cash 2024
€56,943
From operations (derived)
+€4,606
Net result for the year
+€8,430
Depreciation
+€2,014
Stocks and contracts
-€211
Receivables within one year
+€4,190
Deferred charges and accrued income
-€43
Trade debts
-€8,658
Tax, wage and social debts
-€77
Other debts
-€802
Accrued charges and deferred income
-€237
Investment (derived)
-€2,066
Investment in fixed assets (net)
-€2,066
Financing
-€24,000
Contributions, distributions and other
-€24,000
Cash 2025
€35,483
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,533 | €61,188 | -€25,344 | -29.3% |
| Fixed assets | 21/28 | €1,974 | €2,026 | +€52 | +2.6% |
| Tangible fixed assets | 22/27 | €1,879 | €1,931 | +€52 | +2.8% |
| Plant, machinery and equipment | 23 | €546 | €1,931 | +€1,386 | +254% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €1,334 | €0 | -€1,334 | -100% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €84,558 | €59,162 | -€25,396 | -30.0% |
| Stocks and contracts in progress | 3 | €17,593 | €17,804 | +€211 | +1.2% |
| Stocks | 30/36 | €17,593 | €17,804 | +€211 | +1.2% |
| Amounts receivable within one year | 40/41 | €9,836 | €5,645 | -€4,190 | -42.6% |
| Trade receivables | 40 | €9,076 | €2,582 | -€6,493 | -71.5% |
| Other amounts receivable | 41 | €760 | €3,063 | +€2,303 | +303% |
| Cash at bank and in hand | 54/58 | €56,943 | €35,483 | -€21,460 | -37.7% |
| Deferred charges and accrued income | 490/1 | €186 | €230 | +€43 | +23.3% |
| Total equity and liabilities | 10/49 | €86,533 | €61,188 | -€25,344 | -29.3% |
| Equity | 10/15 | €66,939 | €51,369 | -€15,570 | -23.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €46,000 | €31,000 | -€15,000 | -32.6% |
| Distributable reserves | 133 | €46,000 | €31,000 | -€15,000 | -32.6% |
| Profit (loss) carried forward | 14 | €939 | €369 | -€570 | -60.7% |
| Amounts payable | 17/49 | €19,594 | €9,820 | -€9,774 | -49.9% |
| Amounts payable within one year | 42/48 | €19,290 | €9,753 | -€9,538 | -49.4% |
| Trade debts | 44 | €11,322 | €2,664 | -€8,658 | -76.5% |
| Suppliers | 440/4 | €11,322 | €2,664 | -€8,658 | -76.5% |
| Taxes, remuneration and social security | 45 | €3,304 | €3,227 | -€77 | -2.3% |
| Taxes | 450/3 | €3,225 | €3,142 | -€83 | -2.6% |
| Remuneration and social security | 454/9 | €79 | €85 | +€6 | +7.5% |
| Other amounts payable | 47/48 | €4,664 | €3,862 | -€802 | -17.2% |
| Accrued charges and deferred income | 492/3 | €304 | €67 | -€237 | -77.9% |
| Remuneration, social security and pensions | 62 | €3,861 | €4,245 | +€384 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,363 | €2,014 | -€349 | -14.8% |
| Other operating charges | 640/8 | €489 | €508 | +€19 | +3.9% |
| Non-recurring operating charges | 66A | €38 | - | -€38 | |
| Gross operating margin | 9900 | €17,945 | €15,808 | -€2,137 | -11.9% |
| Operating profit (loss) | 9901 | €11,195 | €9,042 | -€2,153 | -19.2% |
| Financial income | 75/76B | €1,341 | €1,339 | -€2 | -0.2% |
| Recurring financial income | 75 | €1,341 | €1,339 | -€2 | -0.2% |
| Financial charges | 65/66B | €145 | €138 | -€7 | -4.7% |
| Recurring financial charges | 65 | €145 | €138 | -€7 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €12,391 | €10,242 | -€2,148 | -17.3% |
| Income taxes | 67/77 | €140 | €1,813 | +€1,673 | +1,199% |
| Profit (loss) for the period | 9904 | €12,251 | €8,430 | -€3,822 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,251 | €8,430 | -€3,822 | -31.2% |
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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 8 November 2026 via checked.be.