Ferme Fransen: 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 Fransen
Largest movements
- Cash +€59,250
up €59,250 (+220%), from €26,887 to €86,138
mainly Other debts (+€27,878) and Deferred charges and accrued income (+€19,210)
- Deferred charges and accrued income -€19,210
down €19,210 (-94.0%), from €20,440 to €1,230
- Tangible fixed assets +€8,900
up €8,900 (+47.0%), from €18,955 to €27,855
of which Other tangible fixed assets: +€13,005
- Receivables within one year +€5,798
up €5,798 (+164%), from €3,535 to €9,333
of which Trade receivables: +€6,071
- Other debts +€27,878
up €27,878 (+58.6%), from €47,591 to €75,470
- Trade debts +€18,323
up €18,323 (+184%), from €9,975 to €28,298
- Reserves +€5,007
up €5,007 (+53.3%), from €9,402 to €14,409
- Tax, wage and social debts +€2,148
up €2,148 (+930%), from €231 to €2,379
- Profit (loss) carried forward +€1,382
no longer reported in 2025 (was -€1,382)
- Staff costs -€13,301
down €13,301 (-40.4%), from €32,900 to €19,599
- Gross operating margin -€4,148
down €4,148 (-9.9%), from €41,737 to €37,590
- Taxes +€2,140
up €2,140 (+927%), from €231 to €2,371
- Depreciation -€987
down €987 (-10.7%), from €9,260 to €8,273
- Financial income +€441
new in 2025: €441
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 | €69,818 | €124,556 | +€54,738 | +78.4% |
| Fixed assets | 21/28 | €18,955 | €27,855 | +€8,900 | +47.0% |
| Tangible fixed assets | 22/27 | €18,955 | €27,855 | +€8,900 | +47.0% |
| Plant, machinery and equipment | 23 | €8,927 | €7,667 | -€1,260 | -14.1% |
| Furniture and vehicles | 24 | €4,005 | €1,160 | -€2,845 | -71.0% |
| Other tangible fixed assets | 26 | €6,023 | €19,028 | +€13,005 | +216% |
| Current assets | 29/58 | €50,863 | €96,701 | +€45,839 | +90.1% |
| Amounts receivable within one year | 40/41 | €3,535 | €9,333 | +€5,798 | +164% |
| Trade receivables | 40 | - | €6,071 | +€6,071 | |
| Other amounts receivable | 41 | €3,535 | €3,262 | -€273 | -7.7% |
| Cash at bank and in hand | 54/58 | €26,887 | €86,138 | +€59,250 | +220% |
| Deferred charges and accrued income | 490/1 | €20,440 | €1,230 | -€19,210 | -94.0% |
| Total equity and liabilities | 10/49 | €69,818 | €124,556 | +€54,738 | +78.4% |
| Equity | 10/15 | €12,020 | €18,409 | +€6,389 | +53.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €9,402 | €14,409 | +€5,007 | +53.3% |
| Distributable reserves | 133 | €9,402 | €14,409 | +€5,007 | +53.3% |
| Profit (loss) carried forward | 14 | -€1,382 | - | +€1,382 | |
| Amounts payable | 17/49 | €57,798 | €106,147 | +€48,349 | +83.7% |
| Amounts payable within one year | 42/48 | €57,798 | €106,147 | +€48,349 | +83.7% |
| Trade debts | 44 | €9,975 | €28,298 | +€18,323 | +184% |
| Suppliers | 440/4 | €9,975 | €28,298 | +€18,323 | +184% |
| Taxes, remuneration and social security | 45 | €231 | €2,379 | +€2,148 | +930% |
| Taxes | 450/3 | €231 | €2,379 | +€2,148 | +930% |
| Other amounts payable | 47/48 | €47,591 | €75,470 | +€27,878 | +58.6% |
| Remuneration, social security and pensions | 62 | €32,900 | €19,599 | -€13,301 | -40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,260 | €8,273 | -€987 | -10.7% |
| Other operating charges | 640/8 | €666 | €1,052 | +€385 | +57.9% |
| Gross operating margin | 9900 | €41,737 | €37,590 | -€4,148 | -9.9% |
| Operating profit (loss) | 9901 | -€1,089 | €8,666 | +€9,755 | |
| Financial income | 75/76B | - | €441 | +€441 | |
| Recurring financial income | 75 | - | €441 | +€441 | |
| Financial charges | 65/66B | €62 | €347 | +€285 | +459% |
| Recurring financial charges | 65 | €62 | €347 | +€285 | +459% |
| Profit (loss) for the period before taxes | 9903 | -€1,151 | €8,760 | +€9,911 | |
| Income taxes | 67/77 | €231 | €2,371 | +€2,140 | +927% |
| Profit (loss) for the period | 9904 | -€1,382 | €6,389 | +€7,771 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,382 | €6,389 | +€7,771 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.