Ferme Doguet: what changed
Ferme Doguet
Largest movements
- Stocks and contracts +€27,207
up €27,207 (+28.1%), from €96,702 to €123,909
- Tangible fixed assets -€18,232
down €18,232 (-20.1%), from €90,814 to €72,581
of which Plant, machinery and equipment: -€9,925
- Cash +€12,090
up €12,090 (+19.2%), from €62,876 to €74,966
mainly Depreciation (+€18,232) and Net result for the year (+€16,568)
- Receivables within one year +€9,807
up €9,807 (+23.7%), from €41,404 to €51,211
of which Trade receivables: +€16,868
- Reserves +€16,500
up €16,500 (+26.1%), from €63,200 to €79,700
- Trade debts +€11,549
up €11,549 (+72.1%), from €16,021 to €27,569
- Other debts +€10,769
up €10,769 (+7.5%), from €143,869 to €154,638
- Debts after one year -€10,068
down €10,068 (-53.5%), from €18,809 to €8,741
- Accrued charges and deferred income -€5,859
down €5,859 (-29.9%), from €19,622 to €13,762
- Depreciation +€5,949
up €5,949 (+48.4%), from €12,283 to €18,232
- Gross operating margin -€3,356
down €3,356 (-7.1%), from €47,405 to €44,049
- Other operating charges -€2,873
down €2,873 (-80.4%), from €3,572 to €699
- Taxes -€2,186
down €2,186 (-21.8%), from €10,022 to €7,835
- Financial charges +€776
up €776 (+188%), from €412 to €1,188
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 | €301,210 | €330,408 | +€29,198 | +9.7% |
| Fixed assets | 21/28 | €98,555 | €80,322 | -€18,232 | -18.5% |
| Tangible fixed assets | 22/27 | €90,814 | €72,581 | -€18,232 | -20.1% |
| Land and buildings | 22 | €27,378 | €24,598 | -€2,780 | -10.2% |
| Plant, machinery and equipment | 23 | €43,047 | €33,122 | -€9,925 | -23.1% |
| Furniture and vehicles | 24 | €20,388 | €14,861 | -€5,528 | -27.1% |
| Financial fixed assets | 28 | €7,741 | €7,741 | = | 0.0% |
| Current assets | 29/58 | €202,656 | €250,086 | +€47,430 | +23.4% |
| Stocks and contracts in progress | 3 | €96,702 | €123,909 | +€27,207 | +28.1% |
| Stocks | 30/36 | €96,702 | €123,909 | +€27,207 | +28.1% |
| Amounts receivable within one year | 40/41 | €41,404 | €51,211 | +€9,807 | +23.7% |
| Trade receivables | 40 | €34,328 | €51,196 | +€16,868 | +49.1% |
| Other amounts receivable | 41 | €7,076 | €15 | -€7,061 | -99.8% |
| Cash at bank and in hand | 54/58 | €62,876 | €74,966 | +€12,090 | +19.2% |
| Deferred charges and accrued income | 490/1 | €1,674 | - | -€1,674 | |
| Total equity and liabilities | 10/49 | €301,210 | €330,408 | +€29,198 | +9.7% |
| Equity | 10/15 | €91,013 | €107,580 | +€16,568 | +18.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €63,200 | €79,700 | +€16,500 | +26.1% |
| Distributable reserves | 133 | €63,200 | €79,700 | +€16,500 | +26.1% |
| Profit (loss) carried forward | 14 | €12,813 | €12,880 | +€68 | +0.5% |
| Amounts payable | 17/49 | €210,198 | €222,828 | +€12,630 | +6.0% |
| Amounts payable after more than one year | 17 | €18,809 | €8,741 | -€10,068 | -53.5% |
| Financial debts | 170/4 | €18,809 | €8,741 | -€10,068 | -53.5% |
| Amounts payable within one year | 42/48 | €171,767 | €200,325 | +€28,558 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €9,628 | €10,068 | +€440 | +4.6% |
| Trade debts | 44 | €16,021 | €27,569 | +€11,549 | +72.1% |
| Suppliers | 440/4 | €16,021 | €27,569 | +€11,549 | +72.1% |
| Taxes, remuneration and social security | 45 | €2,250 | €8,050 | +€5,800 | +258% |
| Taxes | 450/3 | €750 | €5,050 | +€4,300 | +573% |
| Remuneration and social security | 454/9 | €1,500 | €3,000 | +€1,500 | +100% |
| Other amounts payable | 47/48 | €143,869 | €154,638 | +€10,769 | +7.5% |
| Accrued charges and deferred income | 492/3 | €19,622 | €13,762 | -€5,859 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,283 | €18,232 | +€5,949 | +48.4% |
| Other operating charges | 640/8 | €3,572 | €699 | -€2,873 | -80.4% |
| Gross operating margin | 9900 | €47,405 | €44,049 | -€3,356 | -7.1% |
| Operating profit (loss) | 9901 | €31,550 | €25,117 | -€6,432 | -20.4% |
| Financial income | 75/76B | €188 | €474 | +€286 | +152% |
| Recurring financial income | 75 | €188 | €474 | +€286 | +152% |
| Financial charges | 65/66B | €412 | €1,188 | +€776 | +188% |
| Recurring financial charges | 65 | €412 | €1,188 | +€776 | +188% |
| Profit (loss) for the period before taxes | 9903 | €31,325 | €24,403 | -€6,923 | -22.1% |
| Income taxes | 67/77 | €10,022 | €7,835 | -€2,186 | -21.8% |
| Profit (loss) for the period | 9904 | €21,304 | €16,568 | -€4,736 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,304 | €16,568 | -€4,736 | -22.2% |
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 4 November 2026 via checked.be.