FERME EVRARD: 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 EVRARD
Largest movements
- Tangible fixed assets -€120,806
down €120,806 (-8.3%), from €1.5m to €1.3m
of which Furniture and vehicles: -€101,825
- Cash -€113,083
down €113,083 (-9.2%), from €1.2m to €1.1m
mainly Contributions, distributions and other (-€634,500) and Investment in fixed assets (net) (-€159,538)
- Receivables within one year +€112,005
up €112,005 (+53.5%), from €209,487 to €321,492
of which Trade receivables: +€105,612
- Intangible fixed assets -€67,906
down €67,906 (-6.8%), from €995,777 to €927,871
- Stocks and contracts +€66,949
up €66,949 (+44.1%), from €151,707 to €218,655
- Reserves -€634,204
down €634,204 (-21.5%), from €2.9m to €2.3m
of which Distributable reserves: -€596,500
- Other debts +€527,943
up €527,943 (+208%), from €253,640 to €781,583
- Debts after one year -€153,906
down €153,906 (-35.0%), from €439,704 to €285,797
- Trade debts +€73,995
up €73,995 (+87.0%), from €85,013 to €159,008
- Gross operating margin -€64,200
down €64,200 (-12.6%), from €510,942 to €446,743
- Taxes -€18,508
down €18,508 (-56.2%), from €32,907 to €14,399
- Staff costs +€12,166
up €12,166 (+26.3%), from €46,219 to €58,385
- Other operating charges -€5,590
down €5,590 (-19.6%), from €28,479 to €22,889
- Depreciation -€5,293
down €5,293 (-1.5%), from €353,543 to €348,250
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 | €4,135,924 | €4,003,086 | -€132,838 | -3.2% |
| Fixed assets | 21/28 | €2,506,009 | €2,317,297 | -€188,712 | -7.5% |
| Intangible fixed assets | 21 | €995,777 | €927,871 | -€67,906 | -6.8% |
| Tangible fixed assets | 22/27 | €1,450,230 | €1,329,424 | -€120,806 | -8.3% |
| Land and buildings | 22 | €563,314 | €624,037 | +€60,723 | +10.8% |
| Plant, machinery and equipment | 23 | €462,719 | €389,015 | -€73,704 | -15.9% |
| Furniture and vehicles | 24 | €418,197 | €316,372 | -€101,825 | -24.3% |
| Assets under construction and advance payments | 27 | €6,000 | - | -€6,000 | |
| Financial fixed assets | 28 | €60,002 | €60,002 | = | 0.0% |
| Current assets | 29/58 | €1,629,915 | €1,685,789 | +€55,873 | +3.4% |
| Stocks and contracts in progress | 3 | €151,707 | €218,655 | +€66,949 | +44.1% |
| Stocks | 30/36 | €151,707 | €218,655 | +€66,949 | +44.1% |
| Amounts receivable within one year | 40/41 | €209,487 | €321,492 | +€112,005 | +53.5% |
| Trade receivables | 40 | €165,529 | €271,141 | +€105,612 | +63.8% |
| Other amounts receivable | 41 | €43,958 | €50,351 | +€6,394 | +14.5% |
| Cash at bank and in hand | 54/58 | €1,232,985 | €1,119,902 | -€113,083 | -9.2% |
| Deferred charges and accrued income | 490/1 | €35,737 | €25,739 | -€9,998 | -28.0% |
| Total equity and liabilities | 10/49 | €4,135,924 | €4,003,086 | -€132,838 | -3.2% |
| Equity | 10/15 | €3,148,252 | €2,514,079 | -€634,173 | -20.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €2,945,396 | €2,311,192 | -€634,204 | -21.5% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €142,896 | €105,192 | -€37,704 | -26.4% |
| Distributable reserves | 133 | €2,782,500 | €2,186,000 | -€596,500 | -21.4% |
| Profit (loss) carried forward | 14 | €2,856 | €2,886 | +€30 | +1.1% |
| Provisions and deferred taxes | 16 | €35,132 | €22,564 | -€12,568 | -35.8% |
| Deferred taxes | 168 | €35,132 | €22,564 | -€12,568 | -35.8% |
| Amounts payable | 17/49 | €952,540 | €1,466,443 | +€513,903 | +54.0% |
| Amounts payable after more than one year | 17 | €439,704 | €285,797 | -€153,906 | -35.0% |
| Financial debts | 170/4 | €439,704 | €285,797 | -€153,906 | -35.0% |
| Amounts payable within one year | 42/48 | €511,567 | €1,140,110 | +€628,543 | +123% |
| Current portion of amounts payable after more than one year | 42 | €153,903 | €153,906 | +€3 | 0.0% |
| Trade debts | 44 | €85,013 | €159,008 | +€73,995 | +87.0% |
| Suppliers | 440/4 | €85,013 | €159,008 | +€73,995 | +87.0% |
| Taxes, remuneration and social security | 45 | €19,011 | €45,613 | +€26,602 | +140% |
| Taxes | 450/3 | €13,559 | €43,670 | +€30,111 | +222% |
| Remuneration and social security | 454/9 | €5,452 | €1,943 | -€3,509 | -64.4% |
| Other amounts payable | 47/48 | €253,640 | €781,583 | +€527,943 | +208% |
| Accrued charges and deferred income | 492/3 | €1,269 | €40,536 | +€39,267 | +3,094% |
| Remuneration, social security and pensions | 62 | €46,219 | €58,385 | +€12,166 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €353,543 | €348,250 | -€5,293 | -1.5% |
| Other operating charges | 640/8 | €28,479 | €22,889 | -€5,590 | -19.6% |
| Gross operating margin | 9900 | €510,942 | €446,743 | -€64,200 | -12.6% |
| Operating profit (loss) | 9901 | €82,702 | €17,219 | -€65,483 | -79.2% |
| Financial income | 75/76B | €8,446 | €6,343 | -€2,103 | -24.9% |
| Recurring financial income | 75 | €8,446 | €6,343 | -€2,103 | -24.9% |
| Financial charges | 65/66B | €18,329 | €21,404 | +€3,075 | +16.8% |
| Recurring financial charges | 65 | €18,329 | €21,404 | +€3,075 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €72,819 | €2,158 | -€70,661 | -97.0% |
| Transfer from deferred taxes | 780 | €13,693 | €12,568 | -€1,125 | -8.2% |
| Income taxes | 67/77 | €32,907 | €14,399 | -€18,508 | -56.2% |
| Profit (loss) for the period | 9904 | €53,605 | €327 | -€53,278 | -99.4% |
| Transfer from tax-exempt reserves | 789 | €41,079 | €37,704 | -€3,375 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,683 | €38,030 | -€56,653 | -59.8% |
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 14 October 2026 via checked.be.