FERME RASSART: what changed
FERME RASSART
Largest movements
- Cash +€17,349
up €17,349 (+48.7%), from €35,641 to €52,991
mainly Depreciation (+€7,352) and Receivables within one year (+€7,185)
- Tangible fixed assets -€7,352
down €7,352 (-24.4%), from €30,071 to €22,719
of which Furniture and vehicles: -€5,598
- Receivables within one year -€7,185
down €7,185 (-36.1%), from €19,930 to €12,745
of which Trade receivables: -€6,157
- Deferred charges and accrued income +€1,639
up €1,639 (+338%), from €485 to €2,124
- Trade debts +€5,587
up €5,587 (+1,670%), from €334 to €5,922
- Advances received +€3,795
new in 2025: €3,795
- Profit (loss) carried forward -€3,602
down €3,602, from €314 to -€3,288
- Gross operating margin -€8,804
down €8,804 (-67.2%), from €13,106 to €4,301
- Depreciation +€2,892
up €2,892 (+64.8%), from €4,460 to €7,352
- Other operating charges -€237
down €237 (-30.9%), from €768 to €531
- Staff costs -€185
no longer reported in 2025 (was €185)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,958 | €99,157 | +€5,199 | +5.5% |
| Fixed assets | 21/28 | €32,567 | €25,215 | -€7,352 | -22.6% |
| Tangible fixed assets | 22/27 | €30,071 | €22,719 | -€7,352 | -24.4% |
| Plant, machinery and equipment | 23 | €3,788 | €2,034 | -€1,754 | -46.3% |
| Furniture and vehicles | 24 | €26,283 | €20,685 | -€5,598 | -21.3% |
| Financial fixed assets | 28 | €2,495 | €2,495 | = | 0.0% |
| Current assets | 29/58 | €61,391 | €73,943 | +€12,551 | +20.4% |
| Stocks and contracts in progress | 3 | €5,335 | €6,083 | +€748 | +14.0% |
| Stocks | 30/36 | €5,335 | €6,083 | +€748 | +14.0% |
| Amounts receivable within one year | 40/41 | €19,930 | €12,745 | -€7,185 | -36.1% |
| Trade receivables | 40 | €18,867 | €12,711 | -€6,157 | -32.6% |
| Other amounts receivable | 41 | €1,063 | €34 | -€1,029 | -96.8% |
| Cash at bank and in hand | 54/58 | €35,641 | €52,991 | +€17,349 | +48.7% |
| Deferred charges and accrued income | 490/1 | €485 | €2,124 | +€1,639 | +338% |
| Total equity and liabilities | 10/49 | €93,958 | €99,157 | +€5,199 | +5.5% |
| Equity | 10/15 | €70,309 | €66,707 | -€3,602 | -5.1% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €42,495 | €42,495 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,727 | €2,727 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,727 | €2,727 | = | 0.0% |
| Distributable reserves | 133 | €39,768 | €39,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | €314 | -€3,288 | -€3,602 | |
| Amounts payable | 17/49 | €23,649 | €32,450 | +€8,801 | +37.2% |
| Amounts payable within one year | 42/48 | €23,649 | €32,450 | +€8,801 | +37.2% |
| Trade debts | 44 | €334 | €5,922 | +€5,587 | +1,670% |
| Suppliers | 440/4 | €334 | €5,922 | +€5,587 | +1,670% |
| Advances received on contracts in progress | 46 | - | €3,795 | +€3,795 | |
| Taxes, remuneration and social security | 45 | €939 | €358 | -€581 | -61.9% |
| Taxes | 450/3 | €939 | €358 | -€581 | -61.9% |
| Other amounts payable | 47/48 | €22,375 | €22,375 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €185 | - | -€185 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,460 | €7,352 | +€2,892 | +64.8% |
| Other operating charges | 640/8 | €768 | €531 | -€237 | -30.9% |
| Gross operating margin | 9900 | €13,106 | €4,301 | -€8,804 | -67.2% |
| Operating profit (loss) | 9901 | €7,692 | -€3,581 | -€11,273 | |
| Financial income | 75/76B | €85 | €33 | -€51 | -60.5% |
| Recurring financial income | 75 | €85 | €33 | -€51 | -60.5% |
| Financial charges | 65/66B | €54 | €54 | +€0 | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €7,723 | -€3,602 | -€11,325 | |
| Profit (loss) for the period | 9904 | €7,723 | -€3,602 | -€11,325 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,723 | -€3,602 | -€11,325 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.