Ferme Marot: 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 Marot
Largest movements
- Tangible fixed assets -€64,439
down €64,439 (-2.9%), from €2.2m to €2.1m
- Profit (loss) carried forward -€114,864
down €114,864 (-54.2%), from -€211,807 to -€326,671
- Other debts +€94,662
up €94,662 (+7.3%), from €1.3m to €1.4m
- Debts after one year -€46,585
down €46,585 (-4.4%), from €1.0m to €1.0m
- Gross operating margin +€16,242
up €16,242 (+979%), from €1,659 to €17,901
- Depreciation +€15,863
up €15,863 (+21.6%), from €73,523 to €89,386
- Other operating charges +€5,916
up €5,916 (+183%), from €3,235 to €9,151
- Financial charges -€227
down €227 (-0.7%), from €34,529 to €34,302
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 | €2,222,623 | €2,148,433 | -€74,191 | -3.3% |
| Formation expenses | 20 | €752 | €391 | -€361 | -48.0% |
| Fixed assets | 21/28 | €2,186,173 | €2,121,434 | -€64,739 | -3.0% |
| Tangible fixed assets | 22/27 | €2,185,873 | €2,121,434 | -€64,439 | -2.9% |
| Land and buildings | 22 | €2,185,873 | €2,121,434 | -€64,439 | -2.9% |
| Financial fixed assets | 28 | €300 | - | -€300 | |
| Current assets | 29/58 | €35,698 | €26,608 | -€9,091 | -25.5% |
| Amounts receivable within one year | 40/41 | €21,424 | €3,201 | -€18,223 | -85.1% |
| Trade receivables | 40 | €21,424 | €3,123 | -€18,301 | -85.4% |
| Other amounts receivable | 41 | - | €77 | +€77 | |
| Cash at bank and in hand | 54/58 | €13,659 | €22,131 | +€8,472 | +62.0% |
| Deferred charges and accrued income | 490/1 | €615 | €1,276 | +€661 | +107% |
| Total equity and liabilities | 10/49 | €2,222,623 | €2,148,433 | -€74,191 | -3.3% |
| Equity | 10/15 | -€181,807 | -€296,671 | -€114,864 | -63.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,807 | -€326,671 | -€114,864 | -54.2% |
| Amounts payable | 17/49 | €2,404,430 | €2,445,104 | +€40,673 | +1.7% |
| Amounts payable after more than one year | 17 | €1,047,243 | €1,000,658 | -€46,585 | -4.4% |
| Financial debts | 170/4 | €1,047,243 | €1,000,658 | -€46,585 | -4.4% |
| Amounts payable within one year | 42/48 | €1,357,188 | €1,444,446 | +€87,258 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €45,264 | €46,585 | +€1,321 | +2.9% |
| Trade debts | 44 | €5,793 | - | -€5,793 | |
| Suppliers | 440/4 | €5,793 | - | -€5,793 | |
| Taxes, remuneration and social security | 45 | €4,793 | €1,861 | -€2,931 | -61.2% |
| Taxes | 450/3 | €4,793 | €1,861 | -€2,931 | -61.2% |
| Other amounts payable | 47/48 | €1,301,338 | €1,396,000 | +€94,662 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,523 | €89,386 | +€15,863 | +21.6% |
| Other operating charges | 640/8 | €3,235 | €9,151 | +€5,916 | +183% |
| Gross operating margin | 9900 | €1,659 | €17,901 | +€16,242 | +979% |
| Operating profit (loss) | 9901 | -€75,099 | -€80,636 | -€5,537 | -7.4% |
| Financial income | 75/76B | - | €74 | +€74 | |
| Recurring financial income | 75 | - | €74 | +€74 | |
| Financial charges | 65/66B | €34,529 | €34,302 | -€227 | -0.7% |
| Recurring financial charges | 65 | €34,529 | €34,302 | -€227 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€109,628 | -€114,864 | -€5,237 | -4.8% |
| Profit (loss) for the period | 9904 | -€109,628 | -€114,864 | -€5,237 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€109,628 | -€114,864 | -€5,237 | -4.8% |
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 18 October 2026 via checked.be.