FERMES DES LOUPS: 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.
FERMES DES LOUPS
Largest movements
- Cash +€53,549
up €53,549 (+20.5%), from €261,325 to €314,874
mainly Net result for the year (+€57,496) and Tax, wage and social debts (+€16,482)
- Deferred charges and accrued income +€13,835
new in 2025: €13,835
- Receivables within one year +€13,121
up €13,121 (+21.3%), from €61,459 to €74,580
of which Trade receivables: +€13,776
- Profit (loss) carried forward +€36,446
up €36,446 (+27.8%), from €131,216 to €167,662
- Reserves +€21,050
up €21,050 (+27.0%), from €77,885 to €98,935
of which Tax-exempt reserves: +€21,050
- Tax, wage and social debts +€16,482
up €16,482 (+62.0%), from €26,597 to €43,080
of which Remuneration and social security: +€9,473
- Trade debts -€8,256
down €8,256 (-17.6%), from €46,977 to €38,721
- Other debts +€7,141
up €7,141 (+8.3%), from €86,513 to €93,654
- Staff costs +€33,534
up €33,534 (+13.2%), from €253,444 to €286,978
- Gross operating margin +€28,778
up €28,778 (+8.2%), from €351,881 to €380,659
- Depreciation +€5,597
up €5,597 (+72.4%), from €7,728 to €13,325
- Financial charges -€5,208
down €5,208 (-61.0%), from €8,538 to €3,330
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 | €389,189 | €467,052 | +€77,863 | +20.0% |
| Fixed assets | 21/28 | €42,608 | €41,966 | -€641 | -1.5% |
| Tangible fixed assets | 22/27 | €42,608 | €41,966 | -€641 | -1.5% |
| Land and buildings | 22 | €1,548 | €1,468 | -€81 | -5.2% |
| Plant, machinery and equipment | 23 | €3,836 | €4,496 | +€660 | +17.2% |
| Furniture and vehicles | 24 | €37,223 | €36,003 | -€1,220 | -3.3% |
| Current assets | 29/58 | €346,582 | €425,086 | +€78,504 | +22.7% |
| Stocks and contracts in progress | 3 | €23,797 | €21,797 | -€2,000 | -8.4% |
| Stocks | 30/36 | €23,797 | €21,797 | -€2,000 | -8.4% |
| Amounts receivable within one year | 40/41 | €61,459 | €74,580 | +€13,121 | +21.3% |
| Trade receivables | 40 | €48,821 | €62,597 | +€13,776 | +28.2% |
| Other amounts receivable | 41 | €12,639 | €11,983 | -€655 | -5.2% |
| Cash at bank and in hand | 54/58 | €261,325 | €314,874 | +€53,549 | +20.5% |
| Deferred charges and accrued income | 490/1 | - | €13,835 | +€13,835 | |
| Total equity and liabilities | 10/49 | €389,189 | €467,052 | +€77,863 | +20.0% |
| Equity | 10/15 | €229,101 | €286,597 | +€57,496 | +25.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €77,885 | €98,935 | +€21,050 | +27.0% |
| Tax-exempt reserves | 132 | €33,680 | €54,730 | +€21,050 | +62.5% |
| Distributable reserves | 133 | €44,205 | €44,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,216 | €167,662 | +€36,446 | +27.8% |
| Amounts payable | 17/49 | €160,088 | €180,455 | +€20,367 | +12.7% |
| Amounts payable within one year | 42/48 | €160,088 | €175,455 | +€15,367 | +9.6% |
| Trade debts | 44 | €46,977 | €38,721 | -€8,256 | -17.6% |
| Suppliers | 440/4 | €46,977 | €38,721 | -€8,256 | -17.6% |
| Taxes, remuneration and social security | 45 | €26,597 | €43,080 | +€16,482 | +62.0% |
| Taxes | 450/3 | €662 | €7,671 | +€7,010 | +1,059% |
| Remuneration and social security | 454/9 | €25,936 | €35,408 | +€9,473 | +36.5% |
| Other amounts payable | 47/48 | €86,513 | €93,654 | +€7,141 | +8.3% |
| Accrued charges and deferred income | 492/3 | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €253,444 | €286,978 | +€33,534 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,728 | €13,325 | +€5,597 | +72.4% |
| Other operating charges | 640/8 | €1,397 | €1,091 | -€306 | -21.9% |
| Gross operating margin | 9900 | €351,881 | €380,659 | +€28,778 | +8.2% |
| Operating profit (loss) | 9901 | €89,313 | €79,266 | -€10,047 | -11.2% |
| Financial income | 75/76B | €1 | €1,096 | +€1,096 | +214,861% |
| Recurring financial income | 75 | €1 | €1,096 | +€1,096 | +214,861% |
| Financial charges | 65/66B | €8,538 | €3,330 | -€5,208 | -61.0% |
| Recurring financial charges | 65 | €8,538 | €3,330 | -€5,208 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €80,775 | €77,032 | -€3,743 | -4.6% |
| Income taxes | 67/77 | €20,807 | €19,536 | -€1,272 | -6.1% |
| Profit (loss) for the period | 9904 | €59,968 | €57,496 | -€2,472 | -4.1% |
| Transfer from tax-exempt reserves | 789 | €44,205 | - | -€44,205 | |
| Transfer to tax-exempt reserves | 689 | - | €21,050 | +€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,173 | €36,446 | -€67,727 | -65.0% |
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 24 October 2026 via checked.be.