Ferme LECOCQ: 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 LECOCQ
Largest movements
- Cash -€80,665
down €80,665 (-70.0%), from €115,221 to €34,556
mainly Investment in fixed assets (net) (-€59,673) and Other debts (-€35,040)
- Tangible fixed assets +€51,459
up €51,459 (+418%), from €12,312 to €63,771
of which Land and buildings: +€35,422
- Receivables within one year +€12,185
up €12,185 (+23.4%), from €52,062 to €64,248
of which Trade receivables: +€13,362
- Other debts -€35,040
down €35,040 (-28.9%), from €121,362 to €86,322
- Debts after one year +€22,750
new in 2025: €22,750
- Trade debts -€19,699
down €19,699 (-89.2%), from €22,073 to €2,374
- Reserves +€8,771
up €8,771 (+33.9%), from €25,875 to €34,646
- Current portion of long-term debt +€7,000
new in 2025: €7,000
- Depreciation +€3,556
up €3,556 (+68.9%), from €5,158 to €8,715
- Taxes -€1,326
down €1,326 (-23.6%), from €5,624 to €4,298
- Gross operating margin +€1,103
up €1,103 (+5.0%), from €22,003 to €23,105
- Financial charges +€676
up €676 (+180%), from €377 to €1,052
- Other operating charges +€287
up €287 (+818%), from €35 to €322
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 | €181,096 | €163,575 | -€17,521 | -9.7% |
| Fixed assets | 21/28 | €13,812 | €64,771 | +€50,959 | +369% |
| Intangible fixed assets | 21 | €1,500 | €1,000 | -€500 | -33.3% |
| Tangible fixed assets | 22/27 | €12,312 | €63,771 | +€51,459 | +418% |
| Land and buildings | 22 | - | €35,422 | +€35,422 | |
| Plant, machinery and equipment | 23 | €8,629 | €23,200 | +€14,571 | +169% |
| Other tangible fixed assets | 26 | €3,684 | €5,150 | +€1,466 | +39.8% |
| Current assets | 29/58 | €167,284 | €98,804 | -€68,480 | -40.9% |
| Amounts receivable within one year | 40/41 | €52,062 | €64,248 | +€12,185 | +23.4% |
| Trade receivables | 40 | €49,907 | €63,268 | +€13,362 | +26.8% |
| Other amounts receivable | 41 | €2,156 | €980 | -€1,176 | -54.6% |
| Cash at bank and in hand | 54/58 | €115,221 | €34,556 | -€80,665 | -70.0% |
| Total equity and liabilities | 10/49 | €181,096 | €163,575 | -€17,521 | -9.7% |
| Equity | 10/15 | €32,075 | €40,846 | +€8,771 | +27.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,875 | €34,646 | +€8,771 | +33.9% |
| Distributable reserves | 133 | €25,875 | €34,646 | +€8,771 | +33.9% |
| Amounts payable | 17/49 | €149,021 | €122,729 | -€26,292 | -17.6% |
| Amounts payable after more than one year | 17 | - | €22,750 | +€22,750 | |
| Financial debts | 170/4 | - | €22,750 | +€22,750 | |
| Amounts payable within one year | 42/48 | €149,021 | €99,979 | -€49,042 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,000 | +€7,000 | |
| Trade debts | 44 | €22,073 | €2,374 | -€19,699 | -89.2% |
| Suppliers | 440/4 | €22,073 | €2,374 | -€19,699 | -89.2% |
| Taxes, remuneration and social security | 45 | €5,586 | €4,283 | -€1,303 | -23.3% |
| Taxes | 450/3 | €5,586 | €4,283 | -€1,303 | -23.3% |
| Other amounts payable | 47/48 | €121,362 | €86,322 | -€35,040 | -28.9% |
| Non-recurring operating income | 76A | €262 | - | -€262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,158 | €8,715 | +€3,556 | +68.9% |
| Other operating charges | 640/8 | €35 | €322 | +€287 | +818% |
| Gross operating margin | 9900 | €22,003 | €23,105 | +€1,103 | +5.0% |
| Operating profit (loss) | 9901 | €16,809 | €14,068 | -€2,741 | -16.3% |
| Financial income | 75/76B | €186 | €53 | -€133 | -71.4% |
| Recurring financial income | 75 | €186 | €53 | -€133 | -71.4% |
| Financial charges | 65/66B | €377 | €1,052 | +€676 | +180% |
| Recurring financial charges | 65 | €377 | €1,052 | +€676 | +180% |
| Profit (loss) for the period before taxes | 9903 | €16,618 | €13,069 | -€3,549 | -21.4% |
| Income taxes | 67/77 | €5,624 | €4,298 | -€1,326 | -23.6% |
| Profit (loss) for the period | 9904 | €10,994 | €8,771 | -€2,223 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,994 | €8,771 | -€2,223 | -20.2% |
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 30 October 2026 via checked.be.