Houmanfarma: 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.
Houmanfarma
Largest movements
- Tangible fixed assets -€68,662
down €68,662 (-20.3%), from €337,851 to €269,189
of which Land and buildings: -€44,714
- Cash -€18,152
down €18,152 (-35.8%), from €50,775 to €32,623
mainly Other debts (-€77,594) and Trade debts (-€26,241)
- Receivables within one year +€10,587
up €10,587 (+9.5%), from €111,806 to €122,393
of which Trade receivables: +€8,686
- Other debts -€77,594
down €77,594 (-57.4%), from €135,252 to €57,658
- Reserves +€50,810
up €50,810 (+23.3%), from €218,035 to €268,845
of which Distributable reserves: +€50,810
- Trade debts -€26,241
down €26,241 (-10.3%), from €255,227 to €228,986
- Debts after one year -€22,153
down €22,153 (-34.0%), from €65,076 to €42,923
- Current portion of long-term debt -€9,838
down €9,838 (-30.8%), from €31,991 to €22,153
- Gross operating margin -€30,528
down €30,528 (-13.9%), from €219,282 to €188,754
- Staff costs +€5,303
up €5,303 (+15.3%), from €34,707 to €40,010
- Financial charges -€4,555
down €4,555 (-39.3%), from €11,580 to €7,026
- Taxes -€3,806
down €3,806 (-16.5%), from €23,114 to €19,307
- Depreciation +€2,442
up €2,442 (+3.6%), from €68,670 to €71,112
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 | €782,280 | €700,955 | -€81,324 | -10.4% |
| Fixed assets | 21/28 | €341,187 | €269,189 | -€71,998 | -21.1% |
| Tangible fixed assets | 22/27 | €337,851 | €269,189 | -€68,662 | -20.3% |
| Land and buildings | 22 | €221,356 | €176,641 | -€44,714 | -20.2% |
| Plant, machinery and equipment | 23 | €115,308 | €91,954 | -€23,354 | -20.3% |
| Furniture and vehicles | 24 | €1,187 | €593 | -€594 | -50.0% |
| Financial fixed assets | 28 | €3,336 | €0 | -€3,336 | -100.0% |
| Current assets | 29/58 | €441,093 | €431,766 | -€9,326 | -2.1% |
| Stocks and contracts in progress | 3 | €270,384 | €270,384 | = | 0.0% |
| Stocks | 30/36 | €270,384 | €270,384 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €111,806 | €122,393 | +€10,587 | +9.5% |
| Trade receivables | 40 | €100,014 | €108,700 | +€8,686 | +8.7% |
| Other amounts receivable | 41 | €11,792 | €13,693 | +€1,901 | +16.1% |
| Cash at bank and in hand | 54/58 | €50,775 | €32,623 | -€18,152 | -35.8% |
| Deferred charges and accrued income | 490/1 | €8,128 | €6,367 | -€1,761 | -21.7% |
| Total equity and liabilities | 10/49 | €782,280 | €700,955 | -€81,324 | -10.4% |
| Equity | 10/15 | €280,008 | €330,819 | +€50,810 | +18.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €218,035 | €268,845 | +€50,810 | +23.3% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €211,838 | €262,648 | +€50,810 | +24.0% |
| Amounts payable | 17/49 | €502,271 | €370,137 | -€132,135 | -26.3% |
| Amounts payable after more than one year | 17 | €65,076 | €42,923 | -€22,153 | -34.0% |
| Financial debts | 170/4 | €65,076 | €42,923 | -€22,153 | -34.0% |
| Amounts payable within one year | 42/48 | €437,195 | €327,213 | -€109,982 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €31,991 | €22,153 | -€9,838 | -30.8% |
| Trade debts | 44 | €255,227 | €228,986 | -€26,241 | -10.3% |
| Suppliers | 440/4 | €255,227 | €228,986 | -€26,241 | -10.3% |
| Taxes, remuneration and social security | 45 | €14,725 | €18,417 | +€3,691 | +25.1% |
| Taxes | 450/3 | €8,114 | €9,314 | +€1,200 | +14.8% |
| Remuneration and social security | 454/9 | €6,612 | €9,103 | +€2,491 | +37.7% |
| Other amounts payable | 47/48 | €135,252 | €57,658 | -€77,594 | -57.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €34,707 | €40,010 | +€5,303 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,670 | €71,112 | +€2,442 | +3.6% |
| Other operating charges | 640/8 | €412 | €489 | +€77 | +18.7% |
| Gross operating margin | 9900 | €219,282 | €188,754 | -€30,528 | -13.9% |
| Operating profit (loss) | 9901 | €115,494 | €77,143 | -€38,350 | -33.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €11,580 | €7,026 | -€4,555 | -39.3% |
| Recurring financial charges | 65 | €11,580 | €7,026 | -€4,555 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €103,913 | €70,118 | -€33,795 | -32.5% |
| Income taxes | 67/77 | €23,114 | €19,307 | -€3,806 | -16.5% |
| Profit (loss) for the period | 9904 | €80,799 | €50,810 | -€29,989 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €80,799 | €50,810 | -€29,989 | -37.1% |
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 10 October 2026 via checked.be.