FERME PYPE: 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 PYPE
Largest movements
- Receivables within one year +€247,075
up €247,075 (+68.5%), from €360,726 to €607,801
of which Trade receivables: +€246,356
- Stocks and contracts -€85,550
down €85,550 (-16.7%), from €511,044 to €425,494
- Cash +€53,604
up €53,604 (+87.5%), from €61,249 to €114,853
mainly Debts after one year (+€798,334) and Depreciation (+€172,714)
- Tangible fixed assets -€51,979
down €51,979 (-6.0%), from €863,014 to €811,035
- Debts after one year +€798,334
up €798,334 (+154%), from €520,076 to €1.3m
- Other debts -€791,693
down €791,693 (-81.5%), from €971,320 to €179,628
- Profit (loss) carried forward +€133,099
up €133,099 (+89.4%), from €148,813 to €281,912
- Current portion of long-term debt +€64,762
up €64,762 (+73.9%), from €87,678 to €152,440
- Trade debts -€44,363
down €44,363 (-24.2%), from €182,965 to €138,602
- Turnover +€425,870
up €425,870 (+32.4%), from €1.3m to €1.7m
- Purchases and services +€241,382
up €241,382 (+25.7%), from €939,562 to €1.2m
- Gross operating margin +€109,659
up €109,659 (+25.2%), from €435,654 to €545,313
- Taxes +€52,546
new in 2025: €52,546
- Staff costs +€51,582
up €51,582 (+46.7%), from €110,530 to €162,112
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 | €1,994,713 | €2,153,706 | +€158,993 | +8.0% |
| Fixed assets | 21/28 | €1,046,721 | €1,000,172 | -€46,549 | -4.4% |
| Intangible fixed assets | 21 | €84,375 | €84,375 | = | 0.0% |
| Tangible fixed assets | 22/27 | €863,014 | €811,035 | -€51,979 | -6.0% |
| Land and buildings | 22 | - | €7,581 | +€7,581 | |
| Plant, machinery and equipment | 23 | €382,686 | €358,640 | -€24,045 | -6.3% |
| Furniture and vehicles | 24 | €29,016 | €22,695 | -€6,321 | -21.8% |
| Leasing and similar rights | 25 | €406,412 | €380,684 | -€25,728 | -6.3% |
| Other tangible fixed assets | 26 | €44,901 | €41,436 | -€3,465 | -7.7% |
| Financial fixed assets | 28 | €99,331 | €104,761 | +€5,430 | +5.5% |
| Current assets | 29/58 | €947,993 | €1,153,534 | +€205,542 | +21.7% |
| Stocks and contracts in progress | 3 | €511,044 | €425,494 | -€85,550 | -16.7% |
| Stocks | 30/36 | €511,044 | €425,494 | -€85,550 | -16.7% |
| Amounts receivable within one year | 40/41 | €360,726 | €607,801 | +€247,075 | +68.5% |
| Trade receivables | 40 | €352,369 | €598,725 | +€246,356 | +69.9% |
| Other amounts receivable | 41 | €8,357 | €9,076 | +€718 | +8.6% |
| Cash at bank and in hand | 54/58 | €61,249 | €114,853 | +€53,604 | +87.5% |
| Deferred charges and accrued income | 490/1 | €14,974 | €5,387 | -€9,587 | -64.0% |
| Total equity and liabilities | 10/49 | €1,994,713 | €2,153,706 | +€158,993 | +8.0% |
| Equity | 10/15 | €198,813 | €331,912 | +€133,099 | +66.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,813 | €281,912 | +€133,099 | +89.4% |
| Amounts payable | 17/49 | €1,795,901 | €1,821,794 | +€25,893 | +1.4% |
| Amounts payable after more than one year | 17 | €520,076 | €1,318,411 | +€798,334 | +154% |
| Financial debts | 170/4 | €520,076 | €1,318,411 | +€798,334 | +154% |
| Amounts payable within one year | 42/48 | €1,262,244 | €498,301 | -€763,943 | -60.5% |
| Current portion of amounts payable after more than one year | 42 | €87,678 | €152,440 | +€64,762 | +73.9% |
| Trade debts | 44 | €182,965 | €138,602 | -€44,363 | -24.2% |
| Suppliers | 440/4 | €182,965 | €138,602 | -€44,363 | -24.2% |
| Taxes, remuneration and social security | 45 | €20,281 | €27,632 | +€7,351 | +36.2% |
| Taxes | 450/3 | €440 | - | -€440 | |
| Remuneration and social security | 454/9 | €19,841 | €27,632 | +€7,791 | +39.3% |
| Other amounts payable | 47/48 | €971,320 | €179,628 | -€791,693 | -81.5% |
| Accrued charges and deferred income | 492/3 | €13,580 | €5,082 | -€8,498 | -62.6% |
| Turnover | 70 | €1,314,700 | €1,740,569 | +€425,870 | +32.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €939,562 | €1,180,944 | +€241,382 | +25.7% |
| Remuneration, social security and pensions | 62 | €110,530 | €162,112 | +€51,582 | +46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,251 | €172,714 | +€13,463 | +8.5% |
| Other operating charges | 640/8 | €1,456 | €1,770 | +€314 | +21.6% |
| Non-recurring operating charges | 66A | €6,150 | - | -€6,150 | |
| Gross operating margin | 9900 | €435,654 | €545,313 | +€109,659 | +25.2% |
| Operating profit (loss) | 9901 | €158,267 | €208,718 | +€50,451 | +31.9% |
| Financial income | 75/76B | €0 | €190 | +€190 | +46,349% |
| Recurring financial income | 75 | €0 | €190 | +€190 | +46,349% |
| Financial charges | 65/66B | €9,455 | €23,263 | +€13,808 | +146% |
| Recurring financial charges | 65 | €9,455 | €23,263 | +€13,808 | +146% |
| Profit (loss) for the period before taxes | 9903 | €148,813 | €185,645 | +€36,832 | +24.8% |
| Income taxes | 67/77 | - | €52,546 | +€52,546 | |
| Profit (loss) for the period | 9904 | €148,813 | €133,099 | -€15,714 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €148,813 | €133,099 | -€15,714 | -10.6% |
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 23 October 2026 via checked.be.