FERME DE WARICHET: 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 DE WARICHET
Largest movements
- Cash +€51,993
up €51,993 (+81.2%), from €64,038 to €116,031
mainly Advances received (+€66,266) and Depreciation (+€59,613)
- Receivables within one year +€32,625
up €32,625 (+27.3%), from €119,693 to €152,318
of which Trade receivables: +€30,644
- Advances received +€66,266
new in 2025: €66,266
- Trade debts +€32,801
up €32,801 (+23.6%), from €139,183 to €171,983
- Other debts -€17,663
down €17,663 (-16.6%), from €106,319 to €88,656
- Profit (loss) carried forward +€11,807
up €11,807 (+334%), from €3,531 to €15,338
- Debts after one year -€10,846
down €10,846 (-26.1%), from €41,577 to €30,731
- Gross operating margin +€55,588
up €55,588 (+22.4%), from €247,914 to €303,501
- Staff costs +€19,821
up €19,821 (+9.5%), from €207,561 to €227,382
- Depreciation +€9,003
up €9,003 (+17.8%), from €50,611 to €59,613
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.
Derived cash bridge
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 | €518,883 | €599,540 | +€80,658 | +15.5% |
| Fixed assets | 21/28 | €303,390 | €298,229 | -€5,161 | -1.7% |
| Tangible fixed assets | 22/27 | €303,390 | €298,229 | -€5,161 | -1.7% |
| Plant, machinery and equipment | 23 | €282,093 | €283,005 | +€912 | +0.3% |
| Furniture and vehicles | 24 | €21,297 | €15,224 | -€6,073 | -28.5% |
| Current assets | 29/58 | €215,493 | €301,311 | +€85,819 | +39.8% |
| Stocks and contracts in progress | 3 | €28,146 | €32,962 | +€4,817 | +17.1% |
| Stocks | 30/36 | €28,146 | €32,962 | +€4,817 | +17.1% |
| Amounts receivable within one year | 40/41 | €119,693 | €152,318 | +€32,625 | +27.3% |
| Trade receivables | 40 | €119,693 | €150,336 | +€30,644 | +25.6% |
| Other amounts receivable | 41 | - | €1,982 | +€1,982 | |
| Cash at bank and in hand | 54/58 | €64,038 | €116,031 | +€51,993 | +81.2% |
| Deferred charges and accrued income | 490/1 | €3,616 | - | -€3,616 | |
| Total equity and liabilities | 10/49 | €518,883 | €599,540 | +€80,658 | +15.5% |
| Equity | 10/15 | €158,531 | €170,338 | +€11,807 | +7.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €150,000 | €150,000 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,531 | €15,338 | +€11,807 | +334% |
| Amounts payable | 17/49 | €360,352 | €429,203 | +€68,851 | +19.1% |
| Amounts payable after more than one year | 17 | €41,577 | €30,731 | -€10,846 | -26.1% |
| Financial debts | 170/4 | €41,577 | €30,731 | -€10,846 | -26.1% |
| Amounts payable within one year | 42/48 | €318,774 | €398,471 | +€79,697 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €10,846 | €10,846 | = | 0.0% |
| Trade debts | 44 | €139,183 | €171,983 | +€32,801 | +23.6% |
| Suppliers | 440/4 | €139,183 | €171,983 | +€32,801 | +23.6% |
| Advances received on contracts in progress | 46 | - | €66,266 | +€66,266 | |
| Taxes, remuneration and social security | 45 | €62,426 | €60,719 | -€1,707 | -2.7% |
| Taxes | 450/3 | €16,894 | €12,247 | -€4,648 | -27.5% |
| Remuneration and social security | 454/9 | €45,532 | €48,473 | +€2,941 | +6.5% |
| Other amounts payable | 47/48 | €106,319 | €88,656 | -€17,663 | -16.6% |
| Remuneration, social security and pensions | 62 | €207,561 | €227,382 | +€19,821 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,611 | €59,613 | +€9,003 | +17.8% |
| Other operating charges | 640/8 | €894 | €232 | -€662 | -74.0% |
| Gross operating margin | 9900 | €247,914 | €303,501 | +€55,588 | +22.4% |
| Operating profit (loss) | 9901 | -€11,151 | €16,274 | +€27,426 | |
| Financial income | 75/76B | €332 | €499 | +€167 | +50.3% |
| Recurring financial income | 75 | €332 | €499 | +€167 | +50.3% |
| Financial charges | 65/66B | €1,256 | €3,841 | +€2,585 | +206% |
| Recurring financial charges | 65 | €1,256 | €3,841 | +€2,585 | +206% |
| Profit (loss) for the period before taxes | 9903 | -€12,076 | €12,932 | +€25,008 | |
| Income taxes | 67/77 | €234 | €1,125 | +€891 | +381% |
| Profit (loss) for the period | 9904 | -€12,310 | €11,807 | +€24,117 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,310 | €11,807 | +€24,117 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.