FERME MELON DAVID: what changed
Two fiscal 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 MELON DAVID
NACE 01.500, Mixed farming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€34,472
2024 · -€33,710-€762
Equity
€398,526
2024 · €432,999-€34,472
Cash
€355
2024 · -+€355
Balance sheet total
€3.7m
2024 · €3.8m-€16,895
Largest movements
Assets
- Receivables within one year +€147,546
up €147,546 (+27.7%), from €532,694 to €680,240
of which Trade receivables: +€145,395
- Tangible fixed assets -€83,481
down €83,481 (-4.2%), from €2.0m to €1.9m
- Stocks and contracts -€53,119
down €53,119 (-8.7%), from €614,087 to €560,968
Equity and liabilities
- Trade debts +€150,900
up €150,900 (+37.4%), from €403,778 to €554,678
- Debts after one year -€125,879
down €125,879 (-4.9%), from €2.6m to €2.5m
Income statement
- Gross operating margin -€34,490
down €34,490 (-18.0%), from €192,051 to €157,562
- Financial charges -€23,578
down €23,578 (-27.3%), from €86,448 to €62,869
- Other operating charges -€9,793
down €9,793 (-48.4%), from €20,222 to €10,430
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
-€33,710
Gross operating margin
-€34,490
Depreciation
+€582
Other operating charges
+€9,793
Financial income
-€227
Financial charges
+€23,578
Taxes
+€2
Result 2025
-€34,472
Cash bridge derived
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
+€154,914
Investment
€0
Financing
-€154,559
Cash 2024
€0
From operations (derived)
+€154,914
Net result for the year
-€34,472
Depreciation
+€120,217
Stocks and contracts
+€53,119
Receivables within one year
-€147,546
Deferred charges and accrued income
-€8,540
Provisions
-€1,037
Trade debts
+€150,900
Tax, wage and social debts
-€13,295
Advances received
+€8,755
Other debts
+€27,744
Accrued charges and deferred income
-€930
Financing
-€154,559
Debts after one year
-€125,879
Current portion of long-term debt
-€28,680
Cash 2025
€355
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,764,085 | €3,747,190 | -€16,895 | -0.4% |
| Fixed assets | 21/28 | €2,605,703 | €2,485,486 | -€120,217 | -4.6% |
| Intangible fixed assets | 21 | €639,269 | €602,533 | -€36,736 | -5.7% |
| Tangible fixed assets | 22/27 | €1,966,434 | €1,882,953 | -€83,481 | -4.2% |
| Land and buildings | 22 | €1,772,999 | €1,754,999 | -€18,000 | -1.0% |
| Plant, machinery and equipment | 23 | €38,992 | €8,811 | -€30,181 | -77.4% |
| Furniture and vehicles | 24 | €154,443 | €119,143 | -€35,300 | -22.9% |
| Current assets | 29/58 | €1,158,382 | €1,261,704 | +€103,322 | +8.9% |
| Stocks and contracts in progress | 3 | €614,087 | €560,968 | -€53,119 | -8.7% |
| Stocks | 30/36 | €614,087 | €560,968 | -€53,119 | -8.7% |
| Amounts receivable within one year | 40/41 | €532,694 | €680,240 | +€147,546 | +27.7% |
| Trade receivables | 40 | €525,931 | €671,326 | +€145,395 | +27.6% |
| Other amounts receivable | 41 | €6,764 | €8,915 | +€2,151 | +31.8% |
| Cash at bank and in hand | 54/58 | - | €355 | +€355 | |
| Deferred charges and accrued income | 490/1 | €11,601 | €20,141 | +€8,540 | +73.6% |
| Total equity and liabilities | 10/49 | €3,764,085 | €3,747,190 | -€16,895 | -0.4% |
| Equity | 10/15 | €432,999 | €398,526 | -€34,472 | -8.0% |
| Contributions | 10/11 | €131,123 | €131,123 | = | 0.0% |
| Reserves | 13 | €175,989 | €172,879 | -€3,110 | -1.8% |
| Non-distributable reserves | 130/1 | €6,850 | €6,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,850 | €6,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €150,245 | €147,136 | -€3,110 | -2.1% |
| Distributable reserves | 133 | €18,894 | €18,894 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,887 | €94,524 | -€31,362 | -24.9% |
| Provisions and deferred taxes | 16 | €50,082 | €49,045 | -€1,037 | -2.1% |
| Deferred taxes | 168 | €50,082 | €49,045 | -€1,037 | -2.1% |
| Amounts payable | 17/49 | €3,281,005 | €3,299,618 | +€18,614 | +0.6% |
| Amounts payable after more than one year | 17 | €2,579,932 | €2,454,054 | -€125,879 | -4.9% |
| Financial debts | 170/4 | €2,579,932 | €2,454,054 | -€125,879 | -4.9% |
| Amounts payable within one year | 42/48 | €697,260 | €842,683 | +€145,423 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €211,348 | €182,668 | -€28,680 | -13.6% |
| Trade debts | 44 | €403,778 | €554,678 | +€150,900 | +37.4% |
| Suppliers | 440/4 | €403,778 | €554,678 | +€150,900 | +37.4% |
| Advances received on contracts in progress | 46 | €33,495 | €42,250 | +€8,755 | +26.1% |
| Taxes, remuneration and social security | 45 | €31,298 | €18,003 | -€13,295 | -42.5% |
| Taxes | 450/3 | €27,998 | €14,703 | -€13,295 | -47.5% |
| Remuneration and social security | 454/9 | €3,300 | €3,300 | = | 0.0% |
| Other amounts payable | 47/48 | €17,340 | €45,084 | +€27,744 | +160.0% |
| Accrued charges and deferred income | 492/3 | €3,812 | €2,882 | -€930 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,799 | €120,217 | -€582 | -0.5% |
| Other operating charges | 640/8 | €20,222 | €10,430 | -€9,793 | -48.4% |
| Gross operating margin | 9900 | €192,051 | €157,562 | -€34,490 | -18.0% |
| Operating profit (loss) | 9901 | €51,030 | €26,915 | -€24,115 | -47.3% |
| Financial income | 75/76B | €729 | €502 | -€227 | -31.1% |
| Recurring financial income | 75 | €729 | €502 | -€227 | -31.1% |
| Financial charges | 65/66B | €86,448 | €62,869 | -€23,578 | -27.3% |
| Recurring financial charges | 65 | €86,448 | €62,869 | -€23,578 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | -€34,689 | -€35,453 | -€764 | -2.2% |
| Transfer from deferred taxes | 780 | €1,037 | €1,037 | = | 0.0% |
| Income taxes | 67/77 | €58 | €56 | -€2 | -2.8% |
| Profit (loss) for the period | 9904 | -€33,710 | -€34,472 | -€762 | -2.3% |
| Transfer from tax-exempt reserves | 789 | €3,110 | €3,110 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,600 | -€31,362 | -€762 | -2.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.