Oldtimerfarm: what changed
Two fiscal 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.
Oldtimerfarm
Largest movements
- Cash -€139,356
down €139,356 (-24.0%), from €581,542 to €442,186
mainly Trade debts (-€293,350) and Investment in fixed assets (net) (-€164,902)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Tangible fixed assets -€81,061
down €81,061 (-3.0%), from €2.7m to €2.7m
of which Other tangible fixed assets: -€95,299
- Trade debts -€293,350
down €293,350 (-15.5%), from €1.9m to €1.6m
- Short-term financial debts +€243,736
up €243,736 (+805.9%), from €30,243 to €273,980
- Advances received -€137,700
down €137,700 (-39.2%), from €350,850 to €213,150
- Other debts +€98,373
up €98,373 (+546.5%), from €18,000 to €116,373
- Debts after one year -€83,806
down €83,806 (-4.5%), from €1.8m to €1.8m
of which Financial debts: -€138,865
- Gross operating margin -€218,073
down €218,073 (-19.3%), from €1.1m to €910,967
- Staff costs -€135,532
down €135,532 (-19.0%), from €711,591 to €576,058
- Depreciation -€79,493
down €79,493 (-25.0%), from €318,157 to €238,663
- Taxes +€14,978
up €14,978 (+7883.9%), from €190 to €15,168
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 | €5,119,488 | €4,849,496 | -€269,993 | -5.3% |
| Fixed assets | 21/28 | €2,783,243 | €2,709,481 | -€73,761 | -2.7% |
| Intangible fixed assets | 21 | €36,871 | €44,171 | +€7,300 | +19.8% |
| Tangible fixed assets | 22/27 | €2,746,237 | €2,665,175 | -€81,061 | -3.0% |
| Land and buildings | 22 | €476,893 | €482,234 | +€5,341 | +1.1% |
| Plant, machinery and equipment | 23 | €83,207 | €60,870 | -€22,337 | -26.8% |
| Furniture and vehicles | 24 | €93,005 | €139,847 | +€46,842 | +50.4% |
| Leasing and similar rights | 25 | €15,608 | €0 | -€15,608 | -100.0% |
| Other tangible fixed assets | 26 | €2,077,523 | €1,982,225 | -€95,299 | -4.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €2,336,246 | €2,140,014 | -€196,232 | -8.4% |
| Stocks and contracts in progress | 3 | €1,339,632 | €1,357,452 | +€17,820 | +1.3% |
| Stocks | 30/36 | €1,339,632 | €1,357,452 | +€17,820 | +1.3% |
| Amounts receivable within one year | 40/41 | €305,991 | €332,559 | +€26,569 | +8.7% |
| Trade receivables | 40 | €289,491 | €322,060 | +€32,569 | +11.3% |
| Other amounts receivable | 41 | €16,500 | €10,499 | -€6,001 | -36.4% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €581,542 | €442,186 | -€139,356 | -24.0% |
| Deferred charges and accrued income | 490/1 | €9,081 | €7,817 | -€1,264 | -13.9% |
| Total equity and liabilities | 10/49 | €5,119,488 | €4,849,496 | -€269,993 | -5.3% |
| Equity | 10/15 | €498,838 | €536,924 | +€38,087 | +7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €478,838 | €516,924 | +€38,087 | +8.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €460,088 | €498,174 | +€38,087 | +8.3% |
| Amounts payable | 17/49 | €4,620,651 | €4,312,571 | -€308,080 | -6.7% |
| Amounts payable after more than one year | 17 | €1,843,283 | €1,759,477 | -€83,806 | -4.5% |
| Financial debts | 170/4 | €1,133,659 | €994,794 | -€138,865 | -12.2% |
| Other amounts payable | 178/9 | €709,625 | €764,683 | +€55,058 | +7.8% |
| Amounts payable within one year | 42/48 | €2,777,368 | €2,553,094 | -€224,273 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €249,765 | €193,240 | -€56,524 | -22.6% |
| Financial debts | 43 | €30,243 | €273,980 | +€243,736 | +805.9% |
| Credit institutions | 430/8 | €30,243 | €273,980 | +€243,736 | +805.9% |
| Trade debts | 44 | €1,896,500 | €1,603,149 | -€293,350 | -15.5% |
| Suppliers | 440/4 | €1,896,500 | €1,603,149 | -€293,350 | -15.5% |
| Advances received on contracts in progress | 46 | €350,850 | €213,150 | -€137,700 | -39.2% |
| Taxes, remuneration and social security | 45 | €232,010 | €153,202 | -€78,808 | -34.0% |
| Taxes | 450/3 | €158,098 | €93,249 | -€64,849 | -41.0% |
| Remuneration and social security | 454/9 | €73,911 | €59,952 | -€13,959 | -18.9% |
| Other amounts payable | 47/48 | €18,000 | €116,373 | +€98,373 | +546.5% |
| Remuneration, social security and pensions | 62 | €711,591 | €576,058 | -€135,532 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318,157 | €238,663 | -€79,493 | -25.0% |
| Other operating charges | 640/8 | €13,638 | €18,539 | +€4,900 | +35.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,129,040 | €910,967 | -€218,073 | -19.3% |
| Operating profit (loss) | 9901 | €85,654 | €77,707 | -€7,947 | -9.3% |
| Financial income | 75/76B | €533 | €2,248 | +€1,715 | +321.8% |
| Recurring financial income | 75 | €533 | €2,248 | +€1,715 | +321.8% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €31,014 | €26,701 | -€4,314 | -13.9% |
| Recurring financial charges | 65 | €31,014 | €26,701 | -€4,314 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €55,173 | €53,255 | -€1,918 | -3.5% |
| Income taxes | 67/77 | €190 | €15,168 | +€14,978 | +7883.9% |
| Profit (loss) for the period | 9904 | €54,983 | €38,087 | -€16,896 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,983 | €38,087 | -€16,896 | -30.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.