FERME LIGOT: 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 LIGOT
Largest movements
- Receivables within one year +€36,177
up €36,177 (+68.5%), from €52,841 to €89,019
of which Other amounts receivable: +€43,289
- Cash +€14,549
up €14,549 (+107%), from €13,625 to €28,174
mainly Net result for the year (+€38,683) and Stocks and contracts (+€8,010)
- Stocks and contracts -€8,010
down €8,010 (-100%), from €8,010 to €0
- Deferred charges and accrued income -€1,569
down €1,569 (-95.0%), from €1,651 to €82
- Profit (loss) carried forward +€38,683
up €38,683 (+63.8%), from -€60,650 to -€21,967
- Other debts +€3,192
up €3,192 (+4.1%), from €78,820 to €82,012
- Purchases and services -€62,162
no longer reported in 2025 (was €62,162)
- Turnover -€49,536
no longer reported in 2025 (was €49,536)
- Gross operating margin +€32,443
up €32,443 (+393%), from €8,246 to €40,689
- Financial income +€1,777
up €1,777 (+179%), from €991 to €2,768
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 | €76,128 | €117,275 | +€41,147 | +54.0% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €76,128 | €117,275 | +€41,147 | +54.0% |
| Stocks and contracts in progress | 3 | €8,010 | €0 | -€8,010 | -100% |
| Stocks | 30/36 | €8,010 | €0 | -€8,010 | -100% |
| Amounts receivable within one year | 40/41 | €52,841 | €89,019 | +€36,177 | +68.5% |
| Trade receivables | 40 | €18,821 | €11,709 | -€7,112 | -37.8% |
| Other amounts receivable | 41 | €34,020 | €77,310 | +€43,289 | +127% |
| Cash at bank and in hand | 54/58 | €13,625 | €28,174 | +€14,549 | +107% |
| Deferred charges and accrued income | 490/1 | €1,651 | €82 | -€1,569 | -95.0% |
| Total equity and liabilities | 10/49 | €76,128 | €117,275 | +€41,147 | +54.0% |
| Equity | 10/15 | -€41,678 | -€2,995 | +€38,683 | +92.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €373 | €373 | = | 0.0% |
| Non-distributable reserves | 130/1 | €373 | €373 | = | 0.0% |
| Reserves not available under the articles | 1311 | €373 | €373 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,650 | -€21,967 | +€38,683 | +63.8% |
| Amounts payable | 17/49 | €117,805 | €120,270 | +€2,464 | +2.1% |
| Amounts payable within one year | 42/48 | €117,805 | €120,270 | +€2,464 | +2.1% |
| Trade debts | 44 | €38,502 | €38,257 | -€244 | -0.6% |
| Suppliers | 440/4 | €38,502 | €38,257 | -€244 | -0.6% |
| Taxes, remuneration and social security | 45 | €484 | €0 | -€484 | -100% |
| Taxes | 450/3 | €484 | €0 | -€484 | -100% |
| Other amounts payable | 47/48 | €78,820 | €82,012 | +€3,192 | +4.1% |
| Turnover | 70 | €49,536 | - | -€49,536 | |
| Goods, raw materials, services and sundry goods | 60/61 | €62,162 | - | -€62,162 | |
| Other operating charges | 640/8 | €0 | €0 | = | |
| Gross operating margin | 9900 | €8,246 | €40,689 | +€32,443 | +393% |
| Operating profit (loss) | 9901 | €8,246 | €40,689 | +€32,443 | +393% |
| Financial income | 75/76B | €991 | €2,768 | +€1,777 | +179% |
| Recurring financial income | 75 | €991 | €2,768 | +€1,777 | +179% |
| Financial charges | 65/66B | €4,931 | €4,774 | -€157 | -3.2% |
| Recurring financial charges | 65 | €4,931 | €4,774 | -€157 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €4,306 | €38,683 | +€34,377 | +798% |
| Profit (loss) for the period | 9904 | €4,306 | €38,683 | +€34,377 | +798% |
| Profit (loss) for the period to be appropriated | 9905 | €4,306 | €38,683 | +€34,377 | +798% |
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 26 October 2026 via checked.be.