FERME DES COUDRIERS: 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 DES COUDRIERS
Largest movements
- Cash -€62,641
down €62,641 (-90.4%), from €69,263 to €6,622
mainly Trade debts (-€38,664) and Other debts (-€36,195)
- Tangible fixed assets -€46,591
down €46,591 (-17.1%), from €271,928 to €225,337
of which Furniture and vehicles: -€28,610
- Deferred charges and accrued income +€34,302
new in 2025: €34,302
- Receivables within one year +€27,436
up €27,436 (+15.6%), from €175,805 to €203,241
of which Trade receivables: +€27,712
- Profit (loss) carried forward +€39,987
up €39,987 (+55.9%), from €71,481 to €111,468
- Trade debts -€38,664
down €38,664 (-23.8%), from €162,672 to €124,009
- Other debts -€36,195
down €36,195 (-65.9%), from €54,906 to €18,711
- Debts after one year -€27,815
down €27,815 (-23.2%), from €119,865 to €92,050
- Tax, wage and social debts +€19,788
up €19,788 (+121%), from €16,335 to €36,123
of which Taxes: +€17,060
- Gross operating margin +€45,409
up €45,409 (+28.3%), from €160,333 to €205,742
- Staff costs +€23,802
up €23,802 (+39.8%), from €59,851 to €83,653
- Taxes +€13,238
up €13,238 (+217%), from €6,095 to €19,332
- Depreciation -€10,574
down €10,574 (-17.3%), from €61,106 to €50,531
- Other operating charges -€6,367
down €6,367 (-57.4%), from €11,085 to €4,719
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 | €544,172 | €495,315 | -€48,857 | -9.0% |
| Fixed assets | 21/28 | €275,928 | €229,337 | -€46,591 | -16.9% |
| Tangible fixed assets | 22/27 | €271,928 | €225,337 | -€46,591 | -17.1% |
| Land and buildings | 22 | €127,150 | €120,307 | -€6,843 | -5.4% |
| Plant, machinery and equipment | 23 | €98,727 | €87,588 | -€11,138 | -11.3% |
| Furniture and vehicles | 24 | €46,051 | €17,441 | -€28,610 | -62.1% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €268,245 | €265,978 | -€2,267 | -0.8% |
| Stocks and contracts in progress | 3 | €23,177 | €21,813 | -€1,364 | -5.9% |
| Stocks | 30/36 | €23,177 | €21,813 | -€1,364 | -5.9% |
| Amounts receivable within one year | 40/41 | €175,805 | €203,241 | +€27,436 | +15.6% |
| Trade receivables | 40 | €171,739 | €199,451 | +€27,712 | +16.1% |
| Other amounts receivable | 41 | €4,065 | €3,790 | -€276 | -6.8% |
| Cash at bank and in hand | 54/58 | €69,263 | €6,622 | -€62,641 | -90.4% |
| Deferred charges and accrued income | 490/1 | - | €34,302 | +€34,302 | |
| Total equity and liabilities | 10/49 | €544,172 | €495,315 | -€48,857 | -9.0% |
| Equity | 10/15 | €132,086 | €172,073 | +€39,987 | +30.3% |
| Contributions | 10/11 | €55,805 | €55,805 | = | 0.0% |
| Reserves | 13 | €4,800 | €4,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,800 | €4,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,800 | €4,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,481 | €111,468 | +€39,987 | +55.9% |
| Amounts payable | 17/49 | €412,087 | €323,242 | -€88,845 | -21.6% |
| Amounts payable after more than one year | 17 | €119,865 | €92,050 | -€27,815 | -23.2% |
| Financial debts | 170/4 | €119,865 | €92,050 | -€27,815 | -23.2% |
| Amounts payable within one year | 42/48 | €290,524 | €229,494 | -€61,030 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €56,610 | €50,651 | -€5,959 | -10.5% |
| Trade debts | 44 | €162,672 | €124,009 | -€38,664 | -23.8% |
| Suppliers | 440/4 | €162,672 | €124,009 | -€38,664 | -23.8% |
| Taxes, remuneration and social security | 45 | €16,335 | €36,123 | +€19,788 | +121% |
| Taxes | 450/3 | €8,367 | €25,427 | +€17,060 | +204% |
| Remuneration and social security | 454/9 | €7,968 | €10,696 | +€2,728 | +34.2% |
| Other amounts payable | 47/48 | €54,906 | €18,711 | -€36,195 | -65.9% |
| Accrued charges and deferred income | 492/3 | €1,698 | €1,698 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €59,851 | €83,653 | +€23,802 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,106 | €50,531 | -€10,574 | -17.3% |
| Other operating charges | 640/8 | €11,085 | €4,719 | -€6,367 | -57.4% |
| Gross operating margin | 9900 | €160,333 | €205,742 | +€45,409 | +28.3% |
| Operating profit (loss) | 9901 | €28,291 | €66,839 | +€38,548 | +136% |
| Financial income | 75/76B | - | €829 | +€829 | |
| Recurring financial income | 75 | - | €829 | +€829 | |
| Financial charges | 65/66B | €10,828 | €8,348 | -€2,480 | -22.9% |
| Recurring financial charges | 65 | €10,828 | €8,348 | -€2,480 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €17,463 | €59,320 | +€41,857 | +240% |
| Income taxes | 67/77 | €6,095 | €19,332 | +€13,238 | +217% |
| Profit (loss) for the period | 9904 | €11,368 | €39,987 | +€28,620 | +252% |
| Profit (loss) for the period to be appropriated | 9905 | €11,368 | €39,987 | +€28,620 | +252% |
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.