POULTRYFARMS: 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.
What changed
POULTRYFARMS
NACE 01.471, Crop and animal production, hunting and related service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€906,037
2024 · €946,615-€40,578
Equity
€2.4m
2024 · €2.4m-€34,431
Cash
€982,649
2024 · €407,243+€575,405
Balance sheet total
€4.7m
2024 · €4.1m+€627,376
Largest movements
Assets
- Cash +€575,405
up €575,405 (+141%), from €407,243 to €982,649
mainly Net result for the year (+€906,037) and Other debts (+€507,822)
- Receivables after one year +€134,000
up €134,000 (+30.0%), from €446,000 to €580,000
- Stocks and contracts -€73,550
down €73,550 (-34.5%), from €213,207 to €139,657
- Receivables within one year -€73,466
down €73,466 (-27.0%), from €271,633 to €198,167
of which Other amounts receivable: -€175,404
- Tangible fixed assets +€55,986
up €55,986 (+3.9%), from €1.4m to €1.5m
of which Plant, machinery and equipment: +€125,486
Equity and liabilities
- Other debts +€507,822
up €507,822 (+128%), from €397,437 to €905,259
- Trade debts +€116,608
up €116,608 (+26.6%), from €437,824 to €554,431
Income statement
- Financial income -€120,765
down €120,765 (-79.1%), from €152,752 to €31,987
- Taxes -€118,352
down €118,352 (-72.5%), from €163,196 to €44,844
- Staff costs +€32,313
up €32,313 (+145%), from €22,247 to €54,560
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.
Result 2024
€946,615
Gross operating margin
+€7,759
Staff costs
-€32,313
Depreciation
-€11,658
Other operating charges
-€655
Financial income
-€120,765
Financial charges
-€1,297
Taxes
+€118,352
Result 2025
€906,037
raises the resultlowers the result
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.
From operations
+€1.8m
Investment
-€314,699
Financing
-€955,039
Cash 2024
€407,243
From operations (derived)
+€1.8m
Net result for the year
+€906,037
Depreciation
+€242,412
Receivables after one year
-€134,000
Stocks and contracts
+€73,550
Receivables within one year
+€73,466
Deferred charges and accrued income
+€7,299
Trade debts
+€116,608
Tax, wage and social debts
+€46,687
Advances received
+€2,768
Other debts
+€507,822
Accrued charges and deferred income
+€2,494
Investment (derived)
-€314,699
Investment in fixed assets (net)
-€298,398
Current investments
-€16,301
Financing
-€955,039
Debts after one year
-€44,873
Current portion of long-term debt
+€30,337
Short-term financial debts
-€35
Contributions, distributions and other
-€940,468
Cash 2025
€982,649
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,082,866 | €4,710,242 | +€627,376 | +15.4% |
| Fixed assets | 21/28 | €1,430,419 | €1,486,405 | +€55,986 | +3.9% |
| Tangible fixed assets | 22/27 | €1,430,419 | €1,486,405 | +€55,986 | +3.9% |
| Land and buildings | 22 | €979,681 | €855,896 | -€123,785 | -12.6% |
| Plant, machinery and equipment | 23 | €352,494 | €477,980 | +€125,486 | +35.6% |
| Furniture and vehicles | 24 | €88,442 | €71,652 | -€16,789 | -19.0% |
| Leasing and similar rights | 25 | - | €56,096 | +€56,096 | |
| Other tangible fixed assets | 26 | €9,803 | €24,780 | +€14,977 | +153% |
| Current assets | 29/58 | €2,652,446 | €3,223,837 | +€571,390 | +21.5% |
| Amounts receivable after more than one year | 29 | €446,000 | €580,000 | +€134,000 | +30.0% |
| Other amounts receivable | 291 | €446,000 | €580,000 | +€134,000 | +30.0% |
| Stocks and contracts in progress | 3 | €213,207 | €139,657 | -€73,550 | -34.5% |
| Stocks | 30/36 | €213,207 | €139,657 | -€73,550 | -34.5% |
| Amounts receivable within one year | 40/41 | €271,633 | €198,167 | -€73,466 | -27.0% |
| Trade receivables | 40 | €84,831 | €186,768 | +€101,937 | +120% |
| Other amounts receivable | 41 | €186,802 | €11,399 | -€175,404 | -93.9% |
| Current investments | 50/53 | €1,298,177 | €1,314,478 | +€16,301 | +1.3% |
| Cash at bank and in hand | 54/58 | €407,243 | €982,649 | +€575,405 | +141% |
| Deferred charges and accrued income | 490/1 | €16,185 | €8,886 | -€7,299 | -45.1% |
| Total equity and liabilities | 10/49 | €4,082,866 | €4,710,242 | +€627,376 | +15.4% |
| Equity | 10/15 | €2,445,307 | €2,410,876 | -€34,431 | -1.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,361,126 | €1,326,696 | -€34,431 | -2.5% |
| Tax-exempt reserves | 132 | €231,550 | €231,550 | = | 0.0% |
| Distributable reserves | 133 | €1,129,576 | €1,095,146 | -€34,431 | -3.0% |
| Profit (loss) carried forward | 14 | €1,034,181 | €1,034,181 | = | 0.0% |
| Amounts payable | 17/49 | €1,637,559 | €2,299,365 | +€661,807 | +40.4% |
| Amounts payable after more than one year | 17 | €577,222 | €532,349 | -€44,873 | -7.8% |
| Financial debts | 170/4 | €577,222 | €532,349 | -€44,873 | -7.8% |
| Amounts payable within one year | 42/48 | €1,059,871 | €1,764,056 | +€704,186 | +66.4% |
| Current portion of amounts payable after more than one year | 42 | €198,360 | €228,697 | +€30,337 | +15.3% |
| Financial debts | 43 | €50 | €15 | -€35 | -69.5% |
| Credit institutions | 430/8 | €50 | €15 | -€35 | -69.5% |
| Trade debts | 44 | €437,824 | €554,431 | +€116,608 | +26.6% |
| Suppliers | 440/4 | €437,824 | €554,431 | +€116,608 | +26.6% |
| Advances received on contracts in progress | 46 | - | €2,768 | +€2,768 | |
| Taxes, remuneration and social security | 45 | €26,200 | €72,886 | +€46,687 | +178% |
| Taxes | 450/3 | €25,143 | €67,648 | +€42,505 | +169% |
| Remuneration and social security | 454/9 | €1,057 | €5,238 | +€4,182 | +396% |
| Other amounts payable | 47/48 | €397,437 | €905,259 | +€507,822 | +128% |
| Accrued charges and deferred income | 492/3 | €466 | €2,960 | +€2,494 | +535% |
| Remuneration, social security and pensions | 62 | €22,247 | €54,560 | +€32,313 | +145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230,754 | €242,412 | +€11,658 | +5.1% |
| Other operating charges | 640/8 | €22,863 | €23,518 | +€655 | +2.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,270,144 | €1,277,903 | +€7,759 | +0.6% |
| Operating profit (loss) | 9901 | €994,280 | €957,412 | -€36,868 | -3.7% |
| Financial income | 75/76B | €152,752 | €31,987 | -€120,765 | -79.1% |
| Recurring financial income | 75 | €152,752 | €31,987 | -€120,765 | -79.1% |
| Financial charges | 65/66B | €37,221 | €38,518 | +€1,297 | +3.5% |
| Recurring financial charges | 65 | €37,221 | €38,518 | +€1,297 | +3.5% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €1,109,811 | €950,881 | -€158,930 | -14.3% |
| Income taxes | 67/77 | €163,196 | €44,844 | -€118,352 | -72.5% |
| Profit (loss) for the period | 9904 | €946,615 | €906,037 | -€40,578 | -4.3% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €231,550 | €0 | -€231,550 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €715,065 | €906,037 | +€190,972 | +26.7% |
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 18 October 2026 via checked.be.