FERME DU FRASNOY: 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 DU FRASNOY
Largest movements
- Stocks and contracts -€174,000
no longer reported in 2025 (was €174,000)
- Tangible fixed assets -€81,279
down €81,279 (-31.9%), from €254,398 to €173,119
of which Furniture and vehicles: -€49,801
- Receivables within one year +€9,143
up €9,143 (+41.4%), from €22,082 to €31,225
of which Other amounts receivable: +€26,740
- Other debts -€139,065
down €139,065 (-12.4%), from €1.1m to €983,709
- Profit (loss) carried forward -€109,828
down €109,828 (-15.6%), from -€703,213 to -€813,041
- Gross operating margin -€36,034
down €36,034 (-213%), from -€16,932 to -€52,965
- Depreciation -€20,723
down €20,723 (-34.9%), from €59,451 to €38,729
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 | €454,381 | €209,884 | -€244,496 | -53.8% |
| Fixed assets | 21/28 | €254,973 | €173,694 | -€81,279 | -31.9% |
| Tangible fixed assets | 22/27 | €254,398 | €173,119 | -€81,279 | -31.9% |
| Land and buildings | 22 | €116,074 | €104,635 | -€11,438 | -9.9% |
| Plant, machinery and equipment | 23 | €69,495 | €49,455 | -€20,040 | -28.8% |
| Furniture and vehicles | 24 | €68,829 | €19,029 | -€49,801 | -72.4% |
| Financial fixed assets | 28 | €575 | €575 | = | 0.0% |
| Current assets | 29/58 | €199,408 | €36,190 | -€163,218 | -81.9% |
| Stocks and contracts in progress | 3 | €174,000 | - | -€174,000 | |
| Stocks | 30/36 | €174,000 | - | -€174,000 | |
| Amounts receivable within one year | 40/41 | €22,082 | €31,225 | +€9,143 | +41.4% |
| Trade receivables | 40 | €18,602 | €1,005 | -€17,597 | -94.6% |
| Other amounts receivable | 41 | €3,480 | €30,220 | +€26,740 | +768% |
| Cash at bank and in hand | 54/58 | €597 | €2,610 | +€2,013 | +337% |
| Deferred charges and accrued income | 490/1 | €2,728 | €2,356 | -€373 | -13.7% |
| Total equity and liabilities | 10/49 | €454,381 | €209,884 | -€244,496 | -53.8% |
| Equity | 10/15 | -€669,463 | -€779,291 | -€109,828 | -16.4% |
| Contributions | 10/11 | €31,750 | €31,750 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€703,213 | -€813,041 | -€109,828 | -15.6% |
| Amounts payable | 17/49 | €1,123,844 | €989,175 | -€134,669 | -12.0% |
| Amounts payable within one year | 42/48 | €1,123,844 | €989,175 | -€134,669 | -12.0% |
| Trade debts | 44 | €40 | €3,578 | +€3,539 | +8,931% |
| Suppliers | 440/4 | €40 | €3,578 | +€3,539 | +8,931% |
| Taxes, remuneration and social security | 45 | €1,030 | €1,888 | +€858 | +83.3% |
| Remuneration and social security | 454/9 | €1,030 | €1,888 | +€858 | +83.3% |
| Other amounts payable | 47/48 | €1,122,774 | €983,709 | -€139,065 | -12.4% |
| Non-recurring operating income | 76A | - | €27,450 | +€27,450 | |
| Remuneration, social security and pensions | 62 | €15,872 | €15,970 | +€98 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,451 | €38,729 | -€20,723 | -34.9% |
| Other operating charges | 640/8 | €1,718 | €1,720 | +€2 | +0.1% |
| Gross operating margin | 9900 | -€16,932 | -€52,965 | -€36,034 | -213% |
| Operating profit (loss) | 9901 | -€93,973 | -€109,384 | -€15,411 | -16.4% |
| Financial charges | 65/66B | €622 | €443 | -€179 | -28.8% |
| Recurring financial charges | 65 | €622 | €443 | -€179 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | -€94,595 | -€109,828 | -€15,232 | -16.1% |
| Profit (loss) for the period | 9904 | -€94,595 | -€109,828 | -€15,232 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€94,595 | -€109,828 | -€15,232 | -16.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.