Ferme de Waulx: 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 Waulx
Largest movements
- Tangible fixed assets +€14,448
up €14,448 (+35.6%), from €40,544 to €54,992
of which Land and buildings: +€20,302
- Cash +€2,648
up €2,648 (+23.5%), from €11,262 to €13,910
mainly Debts after one year (+€79,902) and Accrued charges and deferred income (+€12,306)
- Receivables within one year -€949
down €949 (-3.7%), from €25,544 to €24,595
of which Trade receivables: -€621
- Debts after one year +€79,902
up €79,902 (+59.2%), from €135,000 to €214,902
- Profit (loss) carried forward -€63,768
down €63,768 (-73.7%), from -€86,569 to -€150,337
- Trade debts -€12,760
down €12,760 (-48.4%), from €26,385 to €13,625
- Accrued charges and deferred income +€12,306
new in 2025: €12,306
- Gross operating margin +€27,384
up €27,384 (+33.1%), from -€82,650 to -€55,265
- Depreciation +€4,281
up €4,281 (+140%), from €3,067 to €7,348
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 | €77,816 | €93,497 | +€15,681 | +20.2% |
| Fixed assets | 21/28 | €40,544 | €54,992 | +€14,448 | +35.6% |
| Tangible fixed assets | 22/27 | €40,544 | €54,992 | +€14,448 | +35.6% |
| Land and buildings | 22 | - | €20,302 | +€20,302 | |
| Plant, machinery and equipment | 23 | €40,544 | €34,690 | -€5,854 | -14.4% |
| Current assets | 29/58 | €37,272 | €38,505 | +€1,233 | +3.3% |
| Amounts receivable within one year | 40/41 | €25,544 | €24,595 | -€949 | -3.7% |
| Trade receivables | 40 | €5,317 | €4,696 | -€621 | -11.7% |
| Other amounts receivable | 41 | €20,227 | €19,899 | -€328 | -1.6% |
| Cash at bank and in hand | 54/58 | €11,262 | €13,910 | +€2,648 | +23.5% |
| Deferred charges and accrued income | 490/1 | €466 | - | -€466 | |
| Total equity and liabilities | 10/49 | €77,816 | €93,497 | +€15,681 | +20.2% |
| Equity | 10/15 | -€83,569 | -€147,337 | -€63,768 | -76.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,569 | -€150,337 | -€63,768 | -73.7% |
| Amounts payable | 17/49 | €161,385 | €240,834 | +€79,449 | +49.2% |
| Amounts payable after more than one year | 17 | €135,000 | €214,902 | +€79,902 | +59.2% |
| Other amounts payable | 178/9 | €135,000 | €214,902 | +€79,902 | +59.2% |
| Amounts payable within one year | 42/48 | €26,385 | €13,625 | -€12,760 | -48.4% |
| Trade debts | 44 | €26,385 | €13,625 | -€12,760 | -48.4% |
| Suppliers | 440/4 | €26,385 | €13,625 | -€12,760 | -48.4% |
| Accrued charges and deferred income | 492/3 | - | €12,306 | +€12,306 | |
| Non-recurring operating income | 76A | €9,264 | - | -€9,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,067 | €7,348 | +€4,281 | +140% |
| Other operating charges | 640/8 | €772 | €951 | +€180 | +23.3% |
| Gross operating margin | 9900 | -€82,650 | -€55,265 | +€27,384 | +33.1% |
| Operating profit (loss) | 9901 | -€86,488 | -€63,565 | +€22,923 | +26.5% |
| Financial charges | 65/66B | €81 | €203 | +€123 | +152% |
| Recurring financial charges | 65 | €81 | €203 | +€123 | +152% |
| Profit (loss) for the period before taxes | 9903 | -€86,569 | -€63,768 | +€22,801 | +26.3% |
| Profit (loss) for the period | 9904 | -€86,569 | -€63,768 | +€22,801 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,569 | -€63,768 | +€22,801 | +26.3% |
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 26 October 2026 via checked.be.