FERME MARCEL RIGO: 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 MARCEL RIGO
Largest movements
- Receivables within one year +€39,882
up €39,882 (+88.6%), from €45,034 to €84,916
of which Trade receivables: +€42,282
- Cash +€31,251
up €31,251 (+28.8%), from €108,593 to €139,844
mainly Trade debts (+€39,904) and Depreciation (+€22,945)
- Tangible fixed assets -€22,945
down €22,945 (-7.3%), from €315,202 to €292,257
of which Land and buildings: -€18,868
- Trade debts +€39,904
up €39,904 (+122%), from €32,808 to €72,713
- Other debts +€8,117
up €8,117 (+64.6%), from €12,566 to €20,683
- Financial income +€4,255
up €4,255 (+540%), from €787 to €5,042
of which Non-recurring financial income: +€4,017
- Gross operating margin -€3,423
down €3,423 (-14.2%), from €24,149 to €20,726
- Other operating charges +€330
up €330 (+10.3%), from €3,194 to €3,524
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 | €511,371 | €558,043 | +€46,672 | +9.1% |
| Fixed assets | 21/28 | €320,719 | €297,774 | -€22,945 | -7.2% |
| Tangible fixed assets | 22/27 | €315,202 | €292,257 | -€22,945 | -7.3% |
| Land and buildings | 22 | €300,058 | €281,190 | -€18,868 | -6.3% |
| Plant, machinery and equipment | 23 | €1,048 | €786 | -€262 | -25.0% |
| Furniture and vehicles | 24 | €14,096 | €10,281 | -€3,815 | -27.1% |
| Financial fixed assets | 28 | €5,517 | €5,517 | = | 0.0% |
| Current assets | 29/58 | €190,652 | €260,269 | +€69,617 | +36.5% |
| Stocks and contracts in progress | 3 | €32,200 | €32,200 | = | 0.0% |
| Stocks | 30/36 | €32,200 | €32,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,034 | €84,916 | +€39,882 | +88.6% |
| Trade receivables | 40 | €23,366 | €65,648 | +€42,282 | +181% |
| Other amounts receivable | 41 | €21,668 | €19,268 | -€2,399 | -11.1% |
| Cash at bank and in hand | 54/58 | €108,593 | €139,844 | +€31,251 | +28.8% |
| Deferred charges and accrued income | 490/1 | €4,824 | €3,309 | -€1,516 | -31.4% |
| Total equity and liabilities | 10/49 | €511,371 | €558,043 | +€46,672 | +9.1% |
| Equity | 10/15 | €15,989 | €14,647 | -€1,342 | -8.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €13,982 | €13,982 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €7,782 | €7,782 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,992 | -€61,334 | -€1,342 | -2.2% |
| Amounts payable | 17/49 | €495,381 | €543,395 | +€48,014 | +9.7% |
| Amounts payable after more than one year | 17 | €450,000 | €450,000 | = | 0.0% |
| Other amounts payable | 178/9 | €450,000 | €450,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,381 | €93,395 | +€48,014 | +106% |
| Trade debts | 44 | €32,808 | €72,713 | +€39,904 | +122% |
| Suppliers | 440/4 | €32,808 | €72,713 | +€39,904 | +122% |
| Taxes, remuneration and social security | 45 | €7 | - | -€7 | |
| Taxes | 450/3 | €7 | - | -€7 | |
| Other amounts payable | 47/48 | €12,566 | €20,683 | +€8,117 | +64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,945 | €22,945 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,194 | €3,524 | +€330 | +10.3% |
| Gross operating margin | 9900 | €24,149 | €20,726 | -€3,423 | -14.2% |
| Operating profit (loss) | 9901 | -€1,990 | -€5,743 | -€3,753 | -189% |
| Financial income | 75/76B | €787 | €5,042 | +€4,255 | +540% |
| Recurring financial income | 75 | €787 | €1,026 | +€238 | +30.3% |
| Non-recurring financial income | 76B | - | €4,017 | +€4,017 | |
| Financial charges | 65/66B | €439 | €591 | +€153 | +34.8% |
| Recurring financial charges | 65 | €439 | €591 | +€153 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,642 | -€1,292 | +€350 | +21.3% |
| Income taxes | 67/77 | €236 | €50 | -€186 | -78.9% |
| Profit (loss) for the period | 9904 | -€1,878 | -€1,342 | +€536 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,878 | -€1,342 | +€536 | +28.5% |
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.