Ferme du Hesbain: 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 Hesbain
Largest movements
- Cash -€117,416
down €117,416 (-75.2%), from €156,207 to €38,791
mainly Other debts (-€94,095) and Accrued charges and deferred income (-€66,448)
- Stocks and contracts +€55,230
up €55,230 (+165%), from €33,375 to €88,605
- Receivables within one year -€51,935
down €51,935 (-20.2%), from €256,528 to €204,593
of which Trade receivables: -€51,955
- Reserves +€200,000
new in 2025: €200,000
- Profit (loss) carried forward -€94,325
down €94,325 (-96.5%), from €97,721 to €3,396
- Other debts -€94,095
down €94,095 (-68.7%), from €136,919 to €42,823
- Accrued charges and deferred income -€66,448
no longer reported in 2025 (was €66,448)
- Trade debts -€55,908
down €55,908 (-47.8%), from €116,966 to €61,058
- Depreciation -€14,517
down €14,517 (-64.2%), from €22,610 to €8,093
- Financial charges +€3,984
up €3,984 (+1,594%), from €250 to €4,234
- Taxes +€3,377
up €3,377 (+10.4%), from €32,580 to €35,956
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 | €585,733 | €463,518 | -€122,215 | -20.9% |
| Fixed assets | 21/28 | €139,623 | €131,529 | -€8,093 | -5.8% |
| Intangible fixed assets | 21 | €125,352 | €120,658 | -€4,693 | -3.7% |
| Tangible fixed assets | 22/27 | €14,271 | €10,871 | -€3,400 | -23.8% |
| Plant, machinery and equipment | 23 | €5,876 | €4,476 | -€1,400 | -23.8% |
| Furniture and vehicles | 24 | €8,395 | €6,395 | -€2,000 | -23.8% |
| Current assets | 29/58 | €446,110 | €331,989 | -€114,122 | -25.6% |
| Stocks and contracts in progress | 3 | €33,375 | €88,605 | +€55,230 | +165% |
| Stocks | 30/36 | €33,375 | €88,605 | +€55,230 | +165% |
| Amounts receivable within one year | 40/41 | €256,528 | €204,593 | -€51,935 | -20.2% |
| Trade receivables | 40 | €256,528 | €204,573 | -€51,955 | -20.3% |
| Other amounts receivable | 41 | - | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €156,207 | €38,791 | -€117,416 | -75.2% |
| Total equity and liabilities | 10/49 | €585,733 | €463,518 | -€122,215 | -20.9% |
| Equity | 10/15 | €112,721 | €218,396 | +€105,675 | +93.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €200,000 | +€200,000 | |
| Distributable reserves | 133 | - | €200,000 | +€200,000 | |
| Profit (loss) carried forward | 14 | €97,721 | €3,396 | -€94,325 | -96.5% |
| Amounts payable | 17/49 | €473,013 | €245,123 | -€227,890 | -48.2% |
| Amounts payable after more than one year | 17 | €94,011 | €71,676 | -€22,335 | -23.8% |
| Financial debts | 170/4 | €94,011 | €71,676 | -€22,335 | -23.8% |
| Amounts payable within one year | 42/48 | €312,553 | €173,447 | -€139,106 | -44.5% |
| Current portion of amounts payable after more than one year | 42 | €21,599 | €22,335 | +€736 | +3.4% |
| Trade debts | 44 | €116,966 | €61,058 | -€55,908 | -47.8% |
| Suppliers | 440/4 | €116,966 | €61,058 | -€55,908 | -47.8% |
| Taxes, remuneration and social security | 45 | €37,069 | €47,230 | +€10,161 | +27.4% |
| Taxes | 450/3 | €37,069 | €47,230 | +€10,161 | +27.4% |
| Other amounts payable | 47/48 | €136,919 | €42,823 | -€94,095 | -68.7% |
| Accrued charges and deferred income | 492/3 | €66,448 | - | -€66,448 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,610 | €8,093 | -€14,517 | -64.2% |
| Other operating charges | 640/8 | €813 | €1,113 | +€300 | +36.9% |
| Gross operating margin | 9900 | €153,923 | €154,792 | +€870 | +0.6% |
| Operating profit (loss) | 9901 | €130,500 | €145,587 | +€15,087 | +11.6% |
| Financial income | 75/76B | €50 | €279 | +€229 | +454% |
| Recurring financial income | 75 | €50 | €279 | +€229 | +454% |
| Financial charges | 65/66B | €250 | €4,234 | +€3,984 | +1,594% |
| Recurring financial charges | 65 | €250 | €4,234 | +€3,984 | +1,594% |
| Profit (loss) for the period before taxes | 9903 | €130,300 | €141,631 | +€11,331 | +8.7% |
| Income taxes | 67/77 | €32,580 | €35,956 | +€3,377 | +10.4% |
| Profit (loss) for the period | 9904 | €97,721 | €105,675 | +€7,955 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €97,721 | €105,675 | +€7,955 | +8.1% |
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 28 October 2026 via checked.be.