MOULIN & FERME BARE: 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.
MOULIN & FERME BARE
Largest movements
- Cash +€259,245
up €259,245 (+51.4%), from €504,854 to €764,099
mainly Net result for the year (+€175,369) and Other debts (+€166,779)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Tangible fixed assets -€25,436
down €25,436 (-9.2%), from €277,987 to €252,551
of which Plant, machinery and equipment: -€74,511
- Stocks and contracts -€17,865
down €17,865 (-9.6%), from €186,950 to €169,085
- Other debts +€166,779
up €166,779 (+110%), from €152,159 to €318,938
- Tax, wage and social debts -€64,492
down €64,492 (-45.2%), from €142,727 to €78,235
of which Remuneration and social security: -€55,854
- Profit (loss) carried forward -€24,631
down €24,631 (-4.0%), from €612,984 to €588,353
- Gross operating margin +€7,710
up €7,710 (+2.4%), from €319,495 to €327,205
- Taxes +€6,537
up €6,537 (+11.6%), from €56,515 to €63,053
- Financial income +€4,342
up €4,342 (+1,408%), from €308 to €4,650
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 | €1,422,772 | €1,495,673 | +€72,901 | +5.1% |
| Fixed assets | 21/28 | €279,162 | €253,551 | -€25,611 | -9.2% |
| Tangible fixed assets | 22/27 | €277,987 | €252,551 | -€25,436 | -9.2% |
| Plant, machinery and equipment | 23 | €269,733 | €195,222 | -€74,511 | -27.6% |
| Furniture and vehicles | 24 | €8,254 | €57,329 | +€49,074 | +595% |
| Financial fixed assets | 28 | €1,175 | €1,000 | -€175 | -14.9% |
| Current assets | 29/58 | €1,143,610 | €1,242,122 | +€98,512 | +8.6% |
| Stocks and contracts in progress | 3 | €186,950 | €169,085 | -€17,865 | -9.6% |
| Stocks | 30/36 | €186,950 | €169,085 | -€17,865 | -9.6% |
| Amounts receivable within one year | 40/41 | €301,568 | €305,874 | +€4,306 | +1.4% |
| Trade receivables | 40 | €301,568 | €305,874 | +€4,306 | +1.4% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €504,854 | €764,099 | +€259,245 | +51.4% |
| Deferred charges and accrued income | 490/1 | €238 | €3,064 | +€2,826 | +1,188% |
| Total equity and liabilities | 10/49 | €1,422,772 | €1,495,673 | +€72,901 | +5.1% |
| Equity | 10/15 | €632,984 | €608,353 | -€24,631 | -3.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €612,984 | €588,353 | -€24,631 | -4.0% |
| Amounts payable | 17/49 | €789,788 | €887,320 | +€97,532 | +12.3% |
| Amounts payable after more than one year | 17 | €60,000 | €61,942 | +€1,942 | +3.2% |
| Financial debts | 170/4 | €60,000 | €61,942 | +€1,942 | +3.2% |
| Amounts payable within one year | 42/48 | €729,788 | €825,378 | +€95,590 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €25,722 | +€5,722 | +28.6% |
| Trade debts | 44 | €414,902 | €402,482 | -€12,420 | -3.0% |
| Suppliers | 440/4 | €414,902 | €402,482 | -€12,420 | -3.0% |
| Taxes, remuneration and social security | 45 | €142,727 | €78,235 | -€64,492 | -45.2% |
| Taxes | 450/3 | €86,873 | €78,235 | -€8,638 | -9.9% |
| Remuneration and social security | 454/9 | €55,854 | - | -€55,854 | |
| Other amounts payable | 47/48 | €152,159 | €318,938 | +€166,779 | +110% |
| Remuneration, social security and pensions | 62 | €1,313 | - | -€1,313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,062 | €90,632 | +€1,570 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €860 | - | -€860 | |
| Other operating charges | 640/8 | €516 | €307 | -€209 | -40.5% |
| Gross operating margin | 9900 | €319,495 | €327,205 | +€7,710 | +2.4% |
| Operating profit (loss) | 9901 | €227,744 | €236,266 | +€8,522 | +3.7% |
| Financial income | 75/76B | €308 | €4,650 | +€4,342 | +1,408% |
| Recurring financial income | 75 | €308 | €4,650 | +€4,342 | +1,408% |
| Financial charges | 65/66B | €1,340 | €2,495 | +€1,155 | +86.2% |
| Recurring financial charges | 65 | €1,340 | €2,495 | +€1,155 | +86.2% |
| Profit (loss) for the period before taxes | 9903 | €226,713 | €238,422 | +€11,709 | +5.2% |
| Income taxes | 67/77 | €56,515 | €63,053 | +€6,537 | +11.6% |
| Profit (loss) for the period | 9904 | €170,197 | €175,369 | +€5,171 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €170,197 | €175,369 | +€5,171 | +3.0% |
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.