FERME FRISON: 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 FRISON
Largest movements
- Stocks and contracts +€18,058
up €18,058 (+21.2%), from €85,073 to €103,130
- Receivables within one year -€3,538
down €3,538 (-5.3%), from €66,641 to €63,103
of which Trade receivables: -€5,291
- Other debts -€84,454
down €84,454 (-43.1%), from €195,946 to €111,492
- Debts after one year +€65,240
up €65,240 (+214%), from €30,457 to €95,697
- Profit (loss) carried forward +€35,245
up €35,245, from -€34,367 to €878
- Gross operating margin -€18,516
down €18,516 (-23.6%), from €78,486 to €59,970
- Staff costs -€2,367
no longer reported in 2025 (was €2,367)
- Depreciation -€2,154
down €2,154 (-9.7%), from €22,236 to €20,082
- Other operating charges -€1,273
down €1,273 (-29.8%), from €4,275 to €3,002
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 | €289,099 | €305,698 | +€16,598 | +5.7% |
| Fixed assets | 21/28 | €129,255 | €130,033 | +€778 | +0.6% |
| Tangible fixed assets | 22/27 | €111,258 | €110,036 | -€1,222 | -1.1% |
| Land and buildings | 22 | €89,137 | €88,191 | -€947 | -1.1% |
| Plant, machinery and equipment | 23 | €15,393 | €11,803 | -€3,590 | -23.3% |
| Furniture and vehicles | 24 | €6,471 | €9,871 | +€3,400 | +52.5% |
| Other tangible fixed assets | 26 | €257 | €171 | -€86 | -33.3% |
| Financial fixed assets | 28 | €17,996 | €19,996 | +€2,000 | +11.1% |
| Current assets | 29/58 | €159,845 | €175,665 | +€15,820 | +9.9% |
| Stocks and contracts in progress | 3 | €85,073 | €103,130 | +€18,058 | +21.2% |
| Stocks | 30/36 | €85,073 | €103,130 | +€18,058 | +21.2% |
| Amounts receivable within one year | 40/41 | €66,641 | €63,103 | -€3,538 | -5.3% |
| Trade receivables | 40 | €66,611 | €61,320 | -€5,291 | -7.9% |
| Other amounts receivable | 41 | €30 | €1,783 | +€1,753 | +5,842% |
| Cash at bank and in hand | 54/58 | €5,950 | €6,627 | +€676 | +11.4% |
| Deferred charges and accrued income | 490/1 | €2,181 | €2,805 | +€624 | +28.6% |
| Total equity and liabilities | 10/49 | €289,099 | €305,698 | +€16,598 | +5.7% |
| Equity | 10/15 | -€16,599 | €18,646 | +€35,245 | |
| Contributions | 10/11 | €17,768 | €17,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,367 | €878 | +€35,245 | |
| Amounts payable | 17/49 | €305,699 | €287,052 | -€18,647 | -6.1% |
| Amounts payable after more than one year | 17 | €30,457 | €95,697 | +€65,240 | +214% |
| Financial debts | 170/4 | €30,457 | €95,697 | +€65,240 | +214% |
| Amounts payable within one year | 42/48 | €275,242 | €191,355 | -€83,887 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €16,450 | €16,493 | +€43 | +0.3% |
| Trade debts | 44 | €60,886 | €62,191 | +€1,305 | +2.1% |
| Suppliers | 440/4 | €60,886 | €62,191 | +€1,305 | +2.1% |
| Taxes, remuneration and social security | 45 | €1,960 | €1,179 | -€781 | -39.8% |
| Taxes | 450/3 | €1,960 | €1,179 | -€781 | -39.8% |
| Other amounts payable | 47/48 | €195,946 | €111,492 | -€84,454 | -43.1% |
| Remuneration, social security and pensions | 62 | €2,367 | - | -€2,367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,236 | €20,082 | -€2,154 | -9.7% |
| Other operating charges | 640/8 | €4,275 | €3,002 | -€1,273 | -29.8% |
| Gross operating margin | 9900 | €78,486 | €59,970 | -€18,516 | -23.6% |
| Operating profit (loss) | 9901 | €49,608 | €36,886 | -€12,722 | -25.6% |
| Financial income | 75/76B | €113 | €94 | -€19 | -16.7% |
| Recurring financial income | 75 | €113 | €94 | -€19 | -16.7% |
| Financial charges | 65/66B | €1,350 | €1,735 | +€385 | +28.5% |
| Recurring financial charges | 65 | €1,350 | €1,735 | +€385 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €48,371 | €35,245 | -€13,126 | -27.1% |
| Profit (loss) for the period | 9904 | €48,371 | €35,245 | -€13,126 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,371 | €35,245 | -€13,126 | -27.1% |
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.