FERME JOLY: 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.
What changed
FERME JOLY
NACE 01.500, Mixed farming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,106
2024 · -€1,763+€7,869
Equity
€80,338
2024 · €75,844+€4,494
Cash
€7,727
2024 · €8,711-€983
Balance sheet total
€1.1m
2024 · €1.5m-€360,921
Largest movements
Assets
- Receivables within one year -€347,548
no longer reported in 2025 (was €347,548)
Equity and liabilities
- Short-term financial debts -€576,391
down €576,391 (-51.6%), from €1.1m to €540,013
of which Other loans: -€516,470
- Trade debts +€151,641
up €151,641 (+66.6%), from €227,578 to €379,219
- Advances received +€64,730
new in 2025: €64,730
Income statement
- Purchases and services -€41,448
down €41,448 (-8.1%), from €510,551 to €469,103
- Turnover -€36,815
down €36,815 (-6.2%), from €592,061 to €555,246
- Financial income +€18,839
up €18,839 (+573%), from €3,286 to €22,125
- Depreciation +€12,305
up €12,305 (+23.7%), from €51,927 to €64,232
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.
Result 2024
-€1,763
Gross operating margin
+€4,633
Staff costs
-€790
Depreciation
-€12,305
Other operating charges
-€176
Financial income
+€18,839
Financial charges
-€2,332
Result 2025
€6,106
raises the resultlowers the result
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.
From operations
+€644,578
Investment
-€62,164
Financing
-€583,397
Cash 2024
€8,711
From operations (derived)
+€644,578
Net result for the year
+€6,106
Depreciation
+€64,232
Stocks and contracts
+€10,322
Receivables within one year
+€347,548
Trade debts
+€151,641
Advances received
+€64,730
Investment (derived)
-€62,164
Investment in fixed assets (net)
-€62,164
Financing
-€583,397
Current portion of long-term debt
-€5,395
Short-term financial debts
-€576,391
Contributions, distributions and other
-€1,612
Cash 2025
€7,727
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,486,678 | €1,125,758 | -€360,921 | -24.3% |
| Fixed assets | 21/28 | €943,504 | €941,437 | -€2,068 | -0.2% |
| Tangible fixed assets | 22/27 | €943,504 | €941,437 | -€2,068 | -0.2% |
| Land and buildings | 22 | €17,400 | €17,400 | = | 0.0% |
| Other tangible fixed assets | 26 | €926,104 | €924,037 | -€2,068 | -0.2% |
| Current assets | 29/58 | €543,174 | €184,321 | -€358,853 | -66.1% |
| Stocks and contracts in progress | 3 | €186,915 | €176,593 | -€10,322 | -5.5% |
| Stocks | 30/36 | - | €176,593 | +€176,593 | |
| Contracts in progress | 37 | €186,915 | - | -€186,915 | |
| Amounts receivable within one year | 40/41 | €347,548 | - | -€347,548 | |
| Trade receivables | 40 | €347,548 | - | -€347,548 | |
| Cash at bank and in hand | 54/58 | €8,711 | €7,727 | -€983 | -11.3% |
| Total equity and liabilities | 10/49 | €1,486,678 | €1,125,758 | -€360,921 | -24.3% |
| Equity | 10/15 | €75,844 | €80,338 | +€4,494 | +5.9% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Capital | 10 | €31,000 | €31,000 | = | 0.0% |
| Issued capital | 100 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €41,976 | €47,722 | +€5,746 | +13.7% |
| Non-distributable reserves | 130/1 | €41,976 | €47,722 | +€5,746 | +13.7% |
| Legal reserve | 130 | €40,484 | €40,484 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,492 | €7,238 | +€5,746 | +385% |
| Profit (loss) carried forward | 14 | €2,868 | €1,616 | -€1,252 | -43.6% |
| Amounts payable | 17/49 | €1,410,834 | €1,045,419 | -€365,415 | -25.9% |
| Amounts payable within one year | 42/48 | €1,410,834 | €1,045,419 | -€365,415 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €66,852 | €61,457 | -€5,395 | -8.1% |
| Financial debts | 43 | €1,116,404 | €540,013 | -€576,391 | -51.6% |
| Credit institutions | 430/8 | €599,934 | €540,013 | -€59,920 | -10.0% |
| Other loans | 439 | €516,470 | - | -€516,470 | |
| Trade debts | 44 | €227,578 | €379,219 | +€151,641 | +66.6% |
| Suppliers | 440/4 | €227,578 | €379,219 | +€151,641 | +66.6% |
| Advances received on contracts in progress | 46 | - | €64,730 | +€64,730 | |
| Turnover | 70 | €592,061 | €555,246 | -€36,815 | -6.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €510,551 | €469,103 | -€41,448 | -8.1% |
| Remuneration, social security and pensions | 62 | €14,354 | €15,145 | +€790 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,927 | €64,232 | +€12,305 | +23.7% |
| Other operating charges | 640/8 | €3,936 | €4,112 | +€176 | +4.5% |
| Gross operating margin | 9900 | €81,510 | €86,143 | +€4,633 | +5.7% |
| Operating profit (loss) | 9901 | €11,293 | €2,654 | -€8,639 | -76.5% |
| Financial income | 75/76B | €3,286 | €22,125 | +€18,839 | +573% |
| Recurring financial income | 75 | €3,286 | €22,125 | +€18,839 | +573% |
| Financial charges | 65/66B | €16,341 | €18,673 | +€2,332 | +14.3% |
| Recurring financial charges | 65 | €16,341 | €18,673 | +€2,332 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,763 | €6,106 | +€7,869 | |
| Profit (loss) for the period | 9904 | -€1,763 | €6,106 | +€7,869 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,763 | €6,106 | +€7,869 |
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 17 October 2026 via checked.be.