NIEDO FARM: what changed
NIEDO FARM
Largest movements
- Deferred charges and accrued income +€24,685
up €24,685 (+1,462%), from €1,688 to €26,374
- Receivables within one year -€19,100
down €19,100 (-86.8%), from €21,997 to €2,897
of which Trade receivables: -€19,676
- Stocks and contracts +€10,350
up €10,350 (+63.2%), from €16,380 to €26,730
- Cash -€5,101
down €5,101 (-10.6%), from €48,226 to €43,125
mainly Deferred charges and accrued income (-€24,685) and Trade debts (-€18,879)
- Trade debts -€18,879
down €18,879 (-95.7%), from €19,735 to €856
- Advances received +€16,056
up €16,056 (+1,531%), from €1,049 to €17,104
- Debts after one year +€5,305
new in 2025: €5,305
- Profit (loss) carried forward +€4,079
up €4,079 (+4,349%), from €94 to €4,173
- Current portion of long-term debt +€2,747
new in 2025: €2,747
- Gross operating margin +€19,931
up €19,931, from -€2,523 to €17,408
- Depreciation +€2,803
up €2,803 (+28.5%), from €9,824 to €12,626
- Financial charges +€347
up €347 (+5,836%), from €6 to €353
- Other operating charges -€235
down €235 (-26.5%), from €885 to €650
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,347 | €150,055 | +€10,708 | +7.7% |
| Fixed assets | 21/28 | €51,056 | €50,929 | -€126 | -0.2% |
| Tangible fixed assets | 22/27 | €51,056 | €50,929 | -€126 | -0.2% |
| Land and buildings | 22 | €1,050 | €1,050 | = | 0.0% |
| Plant, machinery and equipment | 23 | €39,121 | €41,264 | +€2,144 | +5.5% |
| Furniture and vehicles | 24 | €10,885 | €8,615 | -€2,270 | -20.9% |
| Current assets | 29/58 | €88,291 | €99,125 | +€10,834 | +12.3% |
| Stocks and contracts in progress | 3 | €16,380 | €26,730 | +€10,350 | +63.2% |
| Stocks | 30/36 | €16,380 | €26,730 | +€10,350 | +63.2% |
| Amounts receivable within one year | 40/41 | €21,997 | €2,897 | -€19,100 | -86.8% |
| Trade receivables | 40 | €20,613 | €937 | -€19,676 | -95.5% |
| Other amounts receivable | 41 | €1,384 | €1,960 | +€577 | +41.7% |
| Cash at bank and in hand | 54/58 | €48,226 | €43,125 | -€5,101 | -10.6% |
| Deferred charges and accrued income | 490/1 | €1,688 | €26,374 | +€24,685 | +1,462% |
| Total equity and liabilities | 10/49 | €139,347 | €150,055 | +€10,708 | +7.7% |
| Equity | 10/15 | €81,624 | €85,703 | +€4,079 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,930 | €62,930 | = | 0.0% |
| Distributable reserves | 133 | €62,930 | €62,930 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94 | €4,173 | +€4,079 | +4,349% |
| Amounts payable | 17/49 | €57,723 | €64,352 | +€6,629 | +11.5% |
| Amounts payable after more than one year | 17 | - | €5,305 | +€5,305 | |
| Financial debts | 170/4 | - | €5,305 | +€5,305 | |
| Amounts payable within one year | 42/48 | €57,723 | €57,647 | -€76 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | - | €2,747 | +€2,747 | |
| Trade debts | 44 | €19,735 | €856 | -€18,879 | -95.7% |
| Suppliers | 440/4 | €19,735 | €856 | -€18,879 | -95.7% |
| Advances received on contracts in progress | 46 | €1,049 | €17,104 | +€16,056 | +1,531% |
| Other amounts payable | 47/48 | €36,939 | €36,939 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,400 | +€1,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,824 | €12,626 | +€2,803 | +28.5% |
| Other operating charges | 640/8 | €885 | €650 | -€235 | -26.5% |
| Gross operating margin | 9900 | -€2,523 | €17,408 | +€19,931 | |
| Operating profit (loss) | 9901 | -€13,231 | €4,132 | +€17,363 | |
| Financial income | 75/76B | €340 | €367 | +€27 | +7.8% |
| Recurring financial income | 75 | €340 | €367 | +€27 | +7.8% |
| Financial charges | 65/66B | €6 | €353 | +€347 | +5,836% |
| Recurring financial charges | 65 | €6 | €353 | +€347 | +5,836% |
| Profit (loss) for the period before taxes | 9903 | -€12,897 | €4,146 | +€17,043 | |
| Income taxes | 67/77 | €68 | €67 | -€1 | -1.7% |
| Profit (loss) for the period | 9904 | -€12,965 | €4,079 | +€17,044 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,965 | €4,079 | +€17,044 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.