FERME SIMON: 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.
FERME SIMON
Largest movements
- Tangible fixed assets +€97,491
up €97,491 (+14.6%), from €669,463 to €766,954
of which Plant, machinery and equipment: +€115,283
- Cash +€69,934
up €69,934 (+28.1%), from €249,250 to €319,185
mainly Net result for the year (+€217,780) and Depreciation (+€147,835)
- Stocks and contracts +€61,464
up €61,464 (+70.6%), from €87,058 to €148,522
- Profit (loss) carried forward +€217,780
up €217,780 (+71.3%), from €305,260 to €523,040
- Tax, wage and social debts +€43,354
up €43,354 (+145.6%), from €29,771 to €73,124
of which Taxes: +€33,330
- Debts after one year -€42,451
down €42,451 (-14.3%), from €296,140 to €253,690
- Other debts +€27,278
up €27,278 (+8.9%), from €307,705 to €334,983
- Trade debts -€18,356
down €18,356 (-56.7%), from €32,402 to €14,046
- Gross operating margin +€227,204
up €227,204 (+56.5%), from €402,069 to €629,273
- Staff costs +€55,555
up €55,555 (+50.5%), from €110,064 to €165,619
- Taxes +€37,139
up €37,139 (+143.3%), from €25,922 to €63,061
- Depreciation +€11,928
up €11,928 (+8.8%), from €135,907 to €147,835
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 | €1,049,939 | €1,281,838 | +€231,899 | +22.1% |
| Fixed assets | 21/28 | €670,191 | €768,865 | +€98,674 | +14.7% |
| Intangible fixed assets | 21 | €365 | €73 | -€292 | -80.0% |
| Tangible fixed assets | 22/27 | €669,463 | €766,954 | +€97,491 | +14.6% |
| Land and buildings | 22 | €406,302 | €427,442 | +€21,140 | +5.2% |
| Plant, machinery and equipment | 23 | €186,587 | €301,870 | +€115,283 | +61.8% |
| Furniture and vehicles | 24 | €74,376 | €36,141 | -€38,234 | -51.4% |
| Assets under construction and advance payments | 27 | €2,198 | €1,500 | -€698 | -31.8% |
| Financial fixed assets | 28 | €363 | €1,838 | +€1,475 | +406.3% |
| Current assets | 29/58 | €379,748 | €512,973 | +€133,225 | +35.1% |
| Stocks and contracts in progress | 3 | €87,058 | €148,522 | +€61,464 | +70.6% |
| Stocks | 30/36 | €87,058 | €148,522 | +€61,464 | +70.6% |
| Amounts receivable within one year | 40/41 | €42,615 | €43,975 | +€1,359 | +3.2% |
| Trade receivables | 40 | €15,986 | €43,975 | +€27,988 | +175.1% |
| Other amounts receivable | 41 | €26,629 | €0 | -€26,629 | -100.0% |
| Cash at bank and in hand | 54/58 | €249,250 | €319,185 | +€69,934 | +28.1% |
| Deferred charges and accrued income | 490/1 | €825 | €1,292 | +€467 | +56.7% |
| Total equity and liabilities | 10/49 | €1,049,939 | €1,281,838 | +€231,899 | +22.1% |
| Equity | 10/15 | €323,810 | €541,590 | +€217,780 | +67.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €305,260 | €523,040 | +€217,780 | +71.3% |
| Amounts payable | 17/49 | €726,129 | €740,248 | +€14,119 | +1.9% |
| Amounts payable after more than one year | 17 | €296,140 | €253,690 | -€42,451 | -14.3% |
| Financial debts | 170/4 | €296,140 | €253,690 | -€42,451 | -14.3% |
| Amounts payable within one year | 42/48 | €412,979 | €464,604 | +€51,625 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €43,102 | €42,451 | -€651 | -1.5% |
| Trade debts | 44 | €32,402 | €14,046 | -€18,356 | -56.7% |
| Suppliers | 440/4 | €32,402 | €14,046 | -€18,356 | -56.7% |
| Taxes, remuneration and social security | 45 | €29,771 | €73,124 | +€43,354 | +145.6% |
| Taxes | 450/3 | €4,931 | €38,261 | +€33,330 | +675.9% |
| Remuneration and social security | 454/9 | €24,840 | €34,863 | +€10,024 | +40.4% |
| Other amounts payable | 47/48 | €307,705 | €334,983 | +€27,278 | +8.9% |
| Accrued charges and deferred income | 492/3 | €17,010 | €21,955 | +€4,945 | +29.1% |
| Remuneration, social security and pensions | 62 | €110,064 | €165,619 | +€55,555 | +50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,907 | €147,835 | +€11,928 | +8.8% |
| Other operating charges | 640/8 | €2,536 | €4,649 | +€2,113 | +83.3% |
| Gross operating margin | 9900 | €402,069 | €629,273 | +€227,204 | +56.5% |
| Operating profit (loss) | 9901 | €153,562 | €311,170 | +€157,608 | +102.6% |
| Financial income | 75/76B | €6 | €105 | +€99 | +1683.2% |
| Recurring financial income | 75 | €6 | €105 | +€99 | +1683.2% |
| Financial charges | 65/66B | €25,123 | €30,434 | +€5,311 | +21.1% |
| Recurring financial charges | 65 | €25,123 | €30,434 | +€5,311 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €128,445 | €280,841 | +€152,397 | +118.6% |
| Income taxes | 67/77 | €25,922 | €63,061 | +€37,139 | +143.3% |
| Profit (loss) for the period | 9904 | €102,523 | €217,780 | +€115,257 | +112.4% |
| Profit (loss) for the period to be appropriated | 9905 | €102,523 | €217,780 | +€115,257 | +112.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.