FERME RENSER: 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 RENSER
Largest movements
- Cash +€31,436
up €31,436 (+58.3%), from €53,888 to €85,323
mainly Stocks and contracts (+€18,591) and Net result for the year (+€15,378)
- Stocks and contracts -€18,591
down €18,591 (-45.8%), from €40,548 to €21,957
- Receivables within one year -€9,691
down €9,691 (-29.9%), from €32,430 to €22,739
of which Other amounts receivable: -€21,235
- Other debts -€26,296
down €26,296 (-91.0%), from €28,911 to €2,615
- Reserves +€15,000
up €15,000 (+15.0%), from €99,900 to €114,900
of which Distributable reserves: +€15,000
- Advances received +€11,970
up €11,970 (+951.2%), from €1,258 to €13,229
- Gross operating margin +€23,295
up €23,295 (+360.0%), from €6,470 to €29,765
- Taxes +€6,879
up €6,879 (+683.2%), from €1,007 to €7,886
- Other operating charges +€716
up €716 (+44.8%), from €1,597 to €2,313
- Financial charges +€409
up €409 (+127.8%), from €320 to €730
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €676,386 | €677,410 | +€1,025 | +0.2% |
| Fixed assets | 21/28 | €541,277 | €541,112 | -€165 | 0.0% |
| Tangible fixed assets | 22/27 | €535,652 | €535,487 | -€165 | 0.0% |
| Land and buildings | 22 | €535,363 | €535,363 | = | 0.0% |
| Furniture and vehicles | 24 | €289 | €124 | -€165 | -57.1% |
| Financial fixed assets | 28 | €5,625 | €5,625 | = | 0.0% |
| Current assets | 29/58 | €135,109 | €136,299 | +€1,190 | +0.9% |
| Stocks and contracts in progress | 3 | €40,548 | €21,957 | -€18,591 | -45.8% |
| Stocks | 30/36 | €40,548 | €21,957 | -€18,591 | -45.8% |
| Amounts receivable within one year | 40/41 | €32,430 | €22,739 | -€9,691 | -29.9% |
| Trade receivables | 40 | €11,195 | €22,739 | +€11,544 | +103.1% |
| Other amounts receivable | 41 | €21,235 | - | -€21,235 | |
| Cash at bank and in hand | 54/58 | €53,888 | €85,323 | +€31,436 | +58.3% |
| Deferred charges and accrued income | 490/1 | €8,244 | €6,279 | -€1,964 | -23.8% |
| Total equity and liabilities | 10/49 | €676,386 | €677,410 | +€1,025 | +0.2% |
| Equity | 10/15 | €609,129 | €624,507 | +€15,378 | +2.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €359,069 | €359,069 | = | 0.0% |
| Reserves | 13 | €99,900 | €114,900 | +€15,000 | +15.0% |
| Non-distributable reserves | 130/1 | €12,900 | €12,900 | = | 0.0% |
| Legal reserve | 130 | €12,900 | €12,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €100,000 | +€15,000 | +17.6% |
| Profit (loss) carried forward | 14 | €88,660 | €89,038 | +€378 | +0.4% |
| Amounts payable | 17/49 | €67,256 | €52,903 | -€14,353 | -21.3% |
| Amounts payable after more than one year | 17 | €15,200 | €11,400 | -€3,800 | -25.0% |
| Financial debts | 170/4 | €15,200 | €11,400 | -€3,800 | -25.0% |
| Amounts payable within one year | 42/48 | €43,033 | €32,037 | -€10,997 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €3,800 | €3,800 | = | 0.0% |
| Trade debts | 44 | €4,717 | €2,462 | -€2,255 | -47.8% |
| Suppliers | 440/4 | €4,717 | €2,462 | -€2,255 | -47.8% |
| Advances received on contracts in progress | 46 | €1,258 | €13,229 | +€11,970 | +951.2% |
| Taxes, remuneration and social security | 45 | €4,346 | €9,931 | +€5,584 | +128.5% |
| Taxes | 450/3 | €2,846 | €8,431 | +€5,584 | +196.2% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €28,911 | €2,615 | -€26,296 | -91.0% |
| Accrued charges and deferred income | 492/3 | €9,023 | €9,466 | +€443 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241 | €165 | -€76 | -31.4% |
| Other operating charges | 640/8 | €1,597 | €2,313 | +€716 | +44.8% |
| Non-recurring operating charges | 66A | - | €3,500 | +€3,500 | |
| Gross operating margin | 9900 | €6,470 | €29,765 | +€23,295 | +360.0% |
| Operating profit (loss) | 9901 | €4,633 | €23,788 | +€19,155 | +413.5% |
| Financial income | 75/76B | €349 | €206 | -€144 | -41.1% |
| Recurring financial income | 75 | €349 | €206 | -€144 | -41.1% |
| Financial charges | 65/66B | €320 | €730 | +€409 | +127.8% |
| Recurring financial charges | 65 | €320 | €730 | +€409 | +127.8% |
| Profit (loss) for the period before taxes | 9903 | €4,662 | €23,264 | +€18,602 | +399.0% |
| Income taxes | 67/77 | €1,007 | €7,886 | +€6,879 | +683.2% |
| Profit (loss) for the period | 9904 | €3,655 | €15,378 | +€11,723 | +320.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,655 | €15,378 | +€11,723 | +320.7% |
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 9 October 2026 via checked.be.