FERME DU SILENCE: what changed
FERME DU SILENCE
Largest movements
- Receivables within one year +€37,903
up €37,903 (+531%), from €7,140 to €45,043
of which Trade receivables: +€40,544
- Tangible fixed assets -€8,299
down €8,299 (-25.8%), from €32,120 to €23,821
of which Furniture and vehicles: -€5,129
- Cash -€2,581
down €2,581 (-5.5%), from €46,842 to €44,261
mainly Receivables within one year (-€37,903) and Contributions, distributions and other (-€13,750)
- Trade debts +€17,685
up €17,685 (+114%), from €15,476 to €33,161
- Other debts +€14,523
up €14,523 (+534%), from €2,722 to €17,245
- Reserves -€13,750
down €13,750 (-26.2%), from €52,390 to €38,640
- Accrued charges and deferred income +€7,424
new in 2025: €7,424
- Depreciation -€3,508
down €3,508 (-28.1%), from €12,485 to €8,977
- Taxes +€1,520
up €1,520 (+94.0%), from €1,617 to €3,137
- Gross operating margin +€1,514
up €1,514 (+12.6%), from €11,988 to €13,502
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 | €112,708 | €138,055 | +€25,348 | +22.5% |
| Fixed assets | 21/28 | €37,529 | €29,530 | -€7,999 | -21.3% |
| Tangible fixed assets | 22/27 | €32,120 | €23,821 | -€8,299 | -25.8% |
| Land and buildings | 22 | €26,445 | €23,275 | -€3,170 | -12.0% |
| Furniture and vehicles | 24 | €5,675 | €546 | -€5,129 | -90.4% |
| Financial fixed assets | 28 | €5,409 | €5,709 | +€300 | +5.5% |
| Current assets | 29/58 | €75,178 | €108,525 | +€33,347 | +44.4% |
| Stocks and contracts in progress | 3 | €20,327 | €19,208 | -€1,119 | -5.5% |
| Stocks | 30/36 | €20,327 | €19,208 | -€1,119 | -5.5% |
| Amounts receivable within one year | 40/41 | €7,140 | €45,043 | +€37,903 | +531% |
| Trade receivables | 40 | €4,122 | €44,666 | +€40,544 | +984% |
| Other amounts receivable | 41 | €3,018 | €377 | -€2,641 | -87.5% |
| Cash at bank and in hand | 54/58 | €46,842 | €44,261 | -€2,581 | -5.5% |
| Deferred charges and accrued income | 490/1 | €870 | €13 | -€857 | -98.5% |
| Total equity and liabilities | 10/49 | €112,708 | €138,055 | +€25,348 | +22.5% |
| Equity | 10/15 | €92,541 | €78,953 | -€13,588 | -14.7% |
| Contributions | 10/11 | €39,400 | €39,400 | = | 0.0% |
| Reserves | 13 | €52,390 | €38,640 | -€13,750 | -26.2% |
| Distributable reserves | 133 | €52,390 | €38,640 | -€13,750 | -26.2% |
| Profit (loss) carried forward | 14 | €751 | €913 | +€162 | +21.6% |
| Amounts payable | 17/49 | €20,167 | €59,103 | +€38,935 | +193% |
| Amounts payable within one year | 42/48 | €20,167 | €51,679 | +€31,511 | +156% |
| Trade debts | 44 | €15,476 | €33,161 | +€17,685 | +114% |
| Suppliers | 440/4 | €15,476 | €33,161 | +€17,685 | +114% |
| Taxes, remuneration and social security | 45 | €1,969 | €1,273 | -€696 | -35.4% |
| Taxes | 450/3 | €1,969 | €1,273 | -€696 | -35.4% |
| Other amounts payable | 47/48 | €2,722 | €17,245 | +€14,523 | +534% |
| Accrued charges and deferred income | 492/3 | - | €7,424 | +€7,424 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,485 | €8,977 | -€3,508 | -28.1% |
| Other operating charges | 640/8 | €1,179 | €1,266 | +€87 | +7.4% |
| Gross operating margin | 9900 | €11,988 | €13,502 | +€1,514 | +12.6% |
| Operating profit (loss) | 9901 | -€1,675 | €3,259 | +€4,934 | |
| Financial income | 75/76B | €160 | €94 | -€65 | -40.9% |
| Recurring financial income | 75 | €160 | €94 | -€65 | -40.9% |
| Financial charges | 65/66B | €150 | €54 | -€96 | -64.1% |
| Recurring financial charges | 65 | €150 | €54 | -€96 | -64.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,666 | €3,299 | +€4,965 | |
| Income taxes | 67/77 | €1,617 | €3,137 | +€1,520 | +94.0% |
| Profit (loss) for the period | 9904 | -€3,283 | €162 | +€3,445 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,283 | €162 | +€3,445 |
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 2 November 2026 via checked.be.