FERRIMO: 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.
FERRIMO
Largest movements
- Tangible fixed assets +€306,091
up €306,091 (+118.2%), from €258,892 to €564,983
of which Land and buildings: +€306,091
- Cash -€51,850
down €51,850 (-38.9%), from €133,130 to €81,280
mainly Investment in fixed assets (net) (-€324,088) and Net result for the year (-€25,191)
- Current portion of long-term debt +€310,000
new in 2025: €310,000
- Reserves -€25,191
down €25,191 (-16.8%), from €150,189 to €124,998
of which Distributable reserves: -€22,651
- Trade debts -€17,726
down €17,726 (-76.1%), from €23,282 to €5,556
- Debts after one year -€16,435
down €16,435 (-66.9%), from €24,554 to €8,119
of which Other amounts payable: -€24,464
- Accrued charges and deferred income +€10,456
up €10,456 (+394.6%), from €2,650 to €13,107
- Gross operating margin +€19,525
up €19,525, from -€7,395 to €12,130
- Financial charges +€11,913
up €11,913 (+439.3%), from €2,712 to €14,624
- Depreciation +€8,252
up €8,252 (+84.7%), from €9,745 to €17,997
- Other operating charges +€2,270
up €2,270 (+49.2%), from €4,615 to €6,884
- Financial income +€869
up €869 (+511441.2%), from €0 to €870
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 | €431,287 | €691,076 | +€259,790 | +60.2% |
| Fixed assets | 21/28 | €258,892 | €564,983 | +€306,091 | +118.2% |
| Tangible fixed assets | 22/27 | €258,892 | €564,983 | +€306,091 | +118.2% |
| Land and buildings | 22 | €225,725 | €531,816 | +€306,091 | +135.6% |
| Plant, machinery and equipment | 23 | €32,867 | €32,867 | = | 0.0% |
| Furniture and vehicles | 24 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €172,395 | €126,094 | -€46,301 | -26.9% |
| Amounts receivable within one year | 40/41 | - | €6,071 | +€6,071 | |
| Other amounts receivable | 41 | - | €6,071 | +€6,071 | |
| Current investments | 50/53 | €37,348 | €37,348 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €133,130 | €81,280 | -€51,850 | -38.9% |
| Deferred charges and accrued income | 490/1 | €1,918 | €1,395 | -€522 | -27.2% |
| Total equity and liabilities | 10/49 | €431,287 | €691,076 | +€259,790 | +60.2% |
| Equity | 10/15 | €343,546 | €318,355 | -€25,191 | -7.3% |
| Contributions | 10/11 | €193,357 | €193,357 | = | 0.0% |
| Capital | 10 | €193,357 | €193,357 | = | 0.0% |
| Issued capital | 100 | €193,357 | €193,357 | = | 0.0% |
| Reserves | 13 | €150,189 | €124,998 | -€25,191 | -16.8% |
| Non-distributable reserves | 130/1 | €19,336 | €19,336 | = | 0.0% |
| Legal reserve | 130 | €19,336 | €19,336 | = | 0.0% |
| Tax-exempt reserves | 132 | €72,369 | €69,829 | -€2,540 | -3.5% |
| Distributable reserves | 133 | €58,484 | €35,833 | -€22,651 | -38.7% |
| Provisions and deferred taxes | 16 | €37,255 | €35,940 | -€1,315 | -3.5% |
| Deferred taxes | 168 | €37,255 | €35,940 | -€1,315 | -3.5% |
| Amounts payable | 17/49 | €50,485 | €336,781 | +€286,296 | +567.1% |
| Amounts payable after more than one year | 17 | €24,554 | €8,119 | -€16,435 | -66.9% |
| Financial debts | 170/4 | - | €8,029 | +€8,029 | |
| Other amounts payable | 178/9 | €24,554 | €90 | -€24,464 | -99.6% |
| Amounts payable within one year | 42/48 | €23,282 | €315,556 | +€292,274 | +1255.4% |
| Current portion of amounts payable after more than one year | 42 | - | €310,000 | +€310,000 | |
| Trade debts | 44 | €23,282 | €5,556 | -€17,726 | -76.1% |
| Suppliers | 440/4 | €23,282 | €5,556 | -€17,726 | -76.1% |
| Accrued charges and deferred income | 492/3 | €2,650 | €13,107 | +€10,456 | +394.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,745 | €17,997 | +€8,252 | +84.7% |
| Other operating charges | 640/8 | €4,615 | €6,884 | +€2,270 | +49.2% |
| Gross operating margin | 9900 | -€7,395 | €12,130 | +€19,525 | |
| Operating profit (loss) | 9901 | -€21,755 | -€12,751 | +€9,004 | +41.4% |
| Financial income | 75/76B | €0 | €870 | +€869 | +511441.2% |
| Recurring financial income | 75 | €0 | €870 | +€869 | +511441.2% |
| Financial charges | 65/66B | €2,712 | €14,624 | +€11,913 | +439.3% |
| Recurring financial charges | 65 | €2,712 | €14,624 | +€11,913 | +439.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,467 | -€26,506 | -€2,039 | -8.3% |
| Transfer from deferred taxes | 780 | €1,315 | €1,315 | = | 0.0% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +180.0% |
| Profit (loss) for the period | 9904 | -€23,152 | -€25,191 | -€2,039 | -8.8% |
| Transfer from tax-exempt reserves | 789 | €2,540 | €2,540 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,612 | -€22,651 | -€2,039 | -9.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.