FERME SIMONS: 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 SIMONS
Largest movements
- Stocks and contracts -€79,436
down €79,436 (-96.4%), from €82,436 to €3,000
- Receivables within one year -€20,516
down €20,516 (-47.3%), from €43,411 to €22,895
of which Trade receivables: -€14,527
- Debts after one year -€40,000
down €40,000 (-2.9%), from €1.4m to €1.3m
- Profit (loss) carried forward -€34,197
down €34,197 (-24.6%), from -€139,142 to -€173,338
- Trade debts -€28,963
down €28,963 (-66.0%), from €43,888 to €14,925
- Gross operating margin +€11,467
up €11,467 (+31.3%), from -€36,653 to -€25,186
- Depreciation +€1,020
up €1,020 (+28.6%), from €3,564 to €4,584
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 | €1,303,330 | €1,203,849 | -€99,481 | -7.6% |
| Fixed assets | 21/28 | €1,165,753 | €1,161,168 | -€4,584 | -0.4% |
| Tangible fixed assets | 22/27 | €1,165,753 | €1,161,168 | -€4,584 | -0.4% |
| Land and buildings | 22 | €1,145,188 | €1,145,188 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,211 | €3,777 | -€1,434 | -27.5% |
| Furniture and vehicles | 24 | €15,353 | €12,203 | -€3,150 | -20.5% |
| Current assets | 29/58 | €137,577 | €42,681 | -€94,896 | -69.0% |
| Stocks and contracts in progress | 3 | €82,436 | €3,000 | -€79,436 | -96.4% |
| Stocks | 30/36 | €82,436 | €3,000 | -€79,436 | -96.4% |
| Amounts receivable within one year | 40/41 | €43,411 | €22,895 | -€20,516 | -47.3% |
| Trade receivables | 40 | €30,218 | €15,691 | -€14,527 | -48.1% |
| Other amounts receivable | 41 | €13,193 | €7,204 | -€5,989 | -45.4% |
| Cash at bank and in hand | 54/58 | €11,730 | €16,786 | +€5,056 | +43.1% |
| Total equity and liabilities | 10/49 | €1,303,330 | €1,203,849 | -€99,481 | -7.6% |
| Equity | 10/15 | -€134,142 | -€168,338 | -€34,197 | -25.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,142 | -€173,338 | -€34,197 | -24.6% |
| Amounts payable | 17/49 | €1,437,472 | €1,372,188 | -€65,284 | -4.5% |
| Amounts payable after more than one year | 17 | €1,363,800 | €1,323,800 | -€40,000 | -2.9% |
| Other amounts payable | 178/9 | €1,363,800 | €1,323,800 | -€40,000 | -2.9% |
| Amounts payable within one year | 42/48 | €73,672 | €48,388 | -€25,284 | -34.3% |
| Trade debts | 44 | €43,888 | €14,925 | -€28,963 | -66.0% |
| Suppliers | 440/4 | €43,888 | €14,925 | -€28,963 | -66.0% |
| Taxes, remuneration and social security | 45 | €1,269 | €1,310 | +€41 | +3.3% |
| Taxes | 450/3 | €1,269 | €1,310 | +€41 | +3.3% |
| Other amounts payable | 47/48 | €28,515 | €32,153 | +€3,638 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,564 | €4,584 | +€1,020 | +28.6% |
| Other operating charges | 640/8 | €3,556 | €3,806 | +€250 | +7.0% |
| Gross operating margin | 9900 | -€36,653 | -€25,186 | +€11,467 | +31.3% |
| Operating profit (loss) | 9901 | -€43,773 | -€33,576 | +€10,197 | +23.3% |
| Financial income | 75/76B | €52 | €0 | -€52 | -99.7% |
| Recurring financial income | 75 | €52 | €0 | -€52 | -99.7% |
| Financial charges | 65/66B | €486 | €430 | -€56 | -11.5% |
| Recurring financial charges | 65 | €486 | €430 | -€56 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,207 | -€34,006 | +€10,201 | +23.1% |
| Income taxes | 67/77 | €150 | €191 | +€41 | +27.5% |
| Profit (loss) for the period | 9904 | -€44,357 | -€34,197 | +€10,160 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,357 | -€34,197 | +€10,160 | +22.9% |
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.