FERME JEAN: 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 JEAN
Largest movements
- Cash +€45,091
up €45,091 (+2,285%), from €1,974 to €47,065
mainly Depreciation (+€65,843) and Other debts (+€35,418)
- Tangible fixed assets +€41,523
up €41,523 (+21.9%), from €189,429 to €230,951
of which Plant, machinery and equipment: +€35,389
- Receivables within one year +€12,723
up €12,723 (+27.8%), from €45,709 to €58,432
of which Trade receivables: +€11,855
- Intangible fixed assets -€7,920
down €7,920 (-25.0%), from €31,680 to €23,760
- Deferred charges and accrued income +€6,918
new in 2025: €6,918
- Other debts +€35,418
up €35,418 (+30.3%), from €116,940 to €152,357
- Current portion of long-term debt +€18,000
up €18,000 (+39.6%), from €45,400 to €63,400
- Trade debts +€16,870
up €16,870 (+21.4%), from €78,863 to €95,733
- Debts after one year +€14,600
up €14,600 (+5.8%), from €253,149 to €267,749
- Accrued charges and deferred income +€6,603
new in 2025: €6,603
- Gross operating margin -€17,658
down €17,658 (-18.4%), from €96,117 to €78,459
- Depreciation +€16,187
up €16,187 (+32.6%), from €49,657 to €65,843
- Taxes -€9,770
down €9,770 (-96.0%), from €10,182 to €412
- Financial charges +€1,083
up €1,083 (+18.3%), from €5,924 to €7,007
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 | €539,342 | €635,801 | +€96,459 | +17.9% |
| Formation expenses | 20 | €1,065 | €819 | -€246 | -23.1% |
| Fixed assets | 21/28 | €221,109 | €254,711 | +€33,603 | +15.2% |
| Intangible fixed assets | 21 | €31,680 | €23,760 | -€7,920 | -25.0% |
| Tangible fixed assets | 22/27 | €189,429 | €230,951 | +€41,523 | +21.9% |
| Plant, machinery and equipment | 23 | €189,429 | €224,818 | +€35,389 | +18.7% |
| Other tangible fixed assets | 26 | - | €6,134 | +€6,134 | |
| Current assets | 29/58 | €317,168 | €380,270 | +€63,103 | +19.9% |
| Stocks and contracts in progress | 3 | €269,485 | €267,855 | -€1,630 | -0.6% |
| Stocks | 30/36 | €269,485 | €267,855 | -€1,630 | -0.6% |
| Amounts receivable within one year | 40/41 | €45,709 | €58,432 | +€12,723 | +27.8% |
| Trade receivables | 40 | €31,298 | €43,152 | +€11,855 | +37.9% |
| Other amounts receivable | 41 | €14,412 | €15,280 | +€869 | +6.0% |
| Cash at bank and in hand | 54/58 | €1,974 | €47,065 | +€45,091 | +2,285% |
| Deferred charges and accrued income | 490/1 | - | €6,918 | +€6,918 | |
| Total equity and liabilities | 10/49 | €539,342 | €635,801 | +€96,459 | +17.9% |
| Equity | 10/15 | €34,388 | €38,511 | +€4,123 | +12.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,388 | €33,511 | +€4,123 | +14.0% |
| Distributable reserves | 133 | €29,388 | €33,511 | +€4,123 | +14.0% |
| Amounts payable | 17/49 | €504,954 | €597,290 | +€92,337 | +18.3% |
| Amounts payable after more than one year | 17 | €253,149 | €267,749 | +€14,600 | +5.8% |
| Financial debts | 170/4 | €253,149 | €267,749 | +€14,600 | +5.8% |
| Amounts payable within one year | 42/48 | €251,805 | €322,939 | +€71,134 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €45,400 | €63,400 | +€18,000 | +39.6% |
| Trade debts | 44 | €78,863 | €95,733 | +€16,870 | +21.4% |
| Suppliers | 440/4 | €78,863 | €95,733 | +€16,870 | +21.4% |
| Taxes, remuneration and social security | 45 | €10,602 | €11,448 | +€846 | +8.0% |
| Taxes | 450/3 | €10,602 | €11,448 | +€846 | +8.0% |
| Other amounts payable | 47/48 | €116,940 | €152,357 | +€35,418 | +30.3% |
| Accrued charges and deferred income | 492/3 | - | €6,603 | +€6,603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,657 | €65,843 | +€16,187 | +32.6% |
| Other operating charges | 640/8 | €965 | €1,078 | +€113 | +11.7% |
| Non-recurring operating charges | 66A | - | €10 | +€10 | |
| Gross operating margin | 9900 | €96,117 | €78,459 | -€17,658 | -18.4% |
| Operating profit (loss) | 9901 | €45,495 | €11,527 | -€33,968 | -74.7% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Non-recurring financial income | 76B | - | €15 | +€15 | |
| Financial charges | 65/66B | €5,924 | €7,007 | +€1,083 | +18.3% |
| Recurring financial charges | 65 | €5,924 | €7,007 | +€1,083 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €39,570 | €4,535 | -€35,035 | -88.5% |
| Income taxes | 67/77 | €10,182 | €412 | -€9,770 | -96.0% |
| Profit (loss) for the period | 9904 | €29,388 | €4,123 | -€25,265 | -86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,388 | €4,123 | -€25,265 | -86.0% |
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 24 October 2026 via checked.be.