FERME DU HALLET: 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.
What changed
FERME DU HALLET
NACE 01.500, Mixed farming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€171,172
2024 · -€355,632+€184,460
Equity
-€1.0m
2024 · -€841,890-€171,172
Cash
€14,822
2024 · €14,921-€100
Balance sheet total
€7.0m
2024 · €6.8m+€120,266
Largest movements
Assets
- Tangible fixed assets +€237,685
up €237,685 (+3.6%), from €6.6m to €6.8m
of which Land and buildings: +€365,610
- Stocks and contracts -€77,717
down €77,717 (-73.5%), from €105,688 to €27,971
Equity and liabilities
- Debts after one year +€276,000
up €276,000 (+3.6%), from €7.7m to €7.9m
- Profit (loss) carried forward -€171,172
down €171,172 (-18.4%), from -€928,790 to -€1.1m
Income statement
- Purchases and services -€218,483
no longer reported in 2025 (was €218,483)
- Other operating charges -€170,000
down €170,000 (-93.6%), from €181,641 to €11,642
- Gross operating margin -€107,670
down €107,670 (-71.1%), from €151,489 to €43,820
- Write-downs -€81,000
down €81,000, from €40,500 to -€40,500
- Depreciation -€44,220
down €44,220 (-18.0%), from €246,032 to €201,812
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.
Result 2024
-€355,632
Gross operating margin
-€107,670
Staff costs
-€2,825
Depreciation
+€44,220
Write-downs
+€81,000
Other operating charges
+€170,000
Other operating items
+€5
Financial charges
-€269
Result 2025
-€171,172
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€163,397
Investment
-€439,497
Financing
+€276,000
Cash 2024
€14,921
From operations (derived)
+€163,397
Net result for the year
-€171,172
Depreciation
+€201,812
Stocks and contracts
+€77,717
Receivables within one year
+€43,628
Deferred charges and accrued income
-€4,026
Trade debts
+€13,076
Tax, wage and social debts
+€2,350
Accrued charges and deferred income
+€12
Investment (derived)
-€439,497
Investment in fixed assets (net)
-€439,497
Financing
+€276,000
Debts after one year
+€276,000
Cash 2025
€14,822
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,836,839 | €6,957,106 | +€120,266 | +1.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €6,586,737 | €6,824,422 | +€237,685 | +3.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,586,542 | €6,824,227 | +€237,685 | +3.6% |
| Land and buildings | 22 | €6,319,278 | €6,684,888 | +€365,610 | +5.8% |
| Plant, machinery and equipment | 23 | €89,731 | €33,547 | -€56,184 | -62.6% |
| Furniture and vehicles | 24 | €156,601 | €87,265 | -€69,336 | -44.3% |
| Other tangible fixed assets | 26 | €20,932 | €18,527 | -€2,405 | -11.5% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €250,102 | €132,683 | -€117,419 | -46.9% |
| Stocks and contracts in progress | 3 | €105,688 | €27,971 | -€77,717 | -73.5% |
| Stocks | 30/36 | €105,688 | €27,971 | -€77,717 | -73.5% |
| Amounts receivable within one year | 40/41 | €77,438 | €33,810 | -€43,628 | -56.3% |
| Trade receivables | 40 | €70,128 | €33,770 | -€36,359 | -51.8% |
| Other amounts receivable | 41 | €7,310 | €40 | -€7,270 | -99.5% |
| Cash at bank and in hand | 54/58 | €14,921 | €14,822 | -€100 | -0.7% |
| Deferred charges and accrued income | 490/1 | €52,055 | €56,081 | +€4,026 | +7.7% |
| Total equity and liabilities | 10/49 | €6,836,839 | €6,957,106 | +€120,266 | +1.8% |
| Equity | 10/15 | -€841,890 | -€1,013,061 | -€171,172 | -20.3% |
| Contributions | 10/11 | €79,000 | €79,000 | = | 0.0% |
| Reserves | 13 | €7,900 | €7,900 | = | 0.0% |
| Distributable reserves | 133 | €7,900 | €7,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€928,790 | -€1,099,961 | -€171,172 | -18.4% |
| Amounts payable | 17/49 | €7,678,729 | €7,970,167 | +€291,438 | +3.8% |
| Amounts payable after more than one year | 17 | €7,655,000 | €7,931,000 | +€276,000 | +3.6% |
| Other amounts payable | 178/9 | €7,655,000 | €7,931,000 | +€276,000 | +3.6% |
| Amounts payable within one year | 42/48 | €23,705 | €39,130 | +€15,426 | +65.1% |
| Trade debts | 44 | €21,995 | €35,071 | +€13,076 | +59.4% |
| Suppliers | 440/4 | €21,995 | €35,071 | +€13,076 | +59.4% |
| Taxes, remuneration and social security | 45 | €1,709 | €4,059 | +€2,350 | +138% |
| Taxes | 450/3 | €0 | €1,947 | +€1,947 | |
| Remuneration and social security | 454/9 | €1,709 | €2,112 | +€403 | +23.6% |
| Accrued charges and deferred income | 492/3 | €24 | €36 | +€12 | +50.6% |
| Turnover | 70 | €33,638 | - | -€33,638 | |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Goods, raw materials, services and sundry goods | 60/61 | €218,483 | - | -€218,483 | |
| Remuneration, social security and pensions | 62 | €38,761 | €41,586 | +€2,825 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246,032 | €201,812 | -€44,220 | -18.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,500 | -€40,500 | -€81,000 | |
| Other operating charges | 640/8 | €181,641 | €11,642 | -€170,000 | -93.6% |
| Non-recurring operating charges | 66A | €5 | €0 | -€5 | -99.8% |
| Gross operating margin | 9900 | €151,489 | €43,820 | -€107,670 | -71.1% |
| Operating profit (loss) | 9901 | -€355,449 | -€170,720 | +€184,730 | +52.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €183 | €452 | +€269 | +147% |
| Recurring financial charges | 65 | €183 | €452 | +€269 | +147% |
| Profit (loss) for the period before taxes | 9903 | -€355,632 | -€171,172 | +€184,460 | +51.9% |
| Profit (loss) for the period | 9904 | -€355,632 | -€171,172 | +€184,460 | +51.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€355,632 | -€171,172 | +€184,460 | +51.9% |
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.