PRECISION FARRIERS: 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.
PRECISION FARRIERS
Largest movements
- Receivables within one year +€5,397
up €5,397 (+67.3%), from €8,023 to €13,421
of which Trade receivables: +€6,553
- Tangible fixed assets -€3,215
down €3,215 (-33.5%), from €9,610 to €6,395
of which Furniture and vehicles: -€1,632
- Cash -€403
down €403 (-8.4%), from €4,806 to €4,402
mainly Receivables within one year (-€5,397) and Net result for the year (-€1,390)
- Trade debts +€3,087
up €3,087 (+180.7%), from €1,709 to €4,796
- Profit (loss) carried forward -€1,390
down €1,390 (-19.2%), from €7,253 to €5,864
- Accrued charges and deferred income -€574
down €574 (-100.0%), from €574 to €0
- Tax, wage and social debts +€472
new in 2025: €472
- Gross operating margin -€2,763
down €2,763 (-54.0%), from €5,120 to €2,357
- Write-downs -€485
down €485 (-100.0%), from €485 to €0
- Other operating charges -€308
down €308 (-27.7%), from €1,115 to €807
- Financial income +€247
up €247 (+196.8%), from €125 to €372
- Depreciation -€243
down €243 (-7.0%), from €3,458 to €3,215
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 | €23,186 | €24,915 | +€1,728 | +7.5% |
| Fixed assets | 21/28 | €9,610 | €6,395 | -€3,215 | -33.5% |
| Tangible fixed assets | 22/27 | €9,610 | €6,395 | -€3,215 | -33.5% |
| Plant, machinery and equipment | 23 | €3,485 | €1,902 | -€1,583 | -45.4% |
| Furniture and vehicles | 24 | €6,124 | €4,492 | -€1,632 | -26.6% |
| Current assets | 29/58 | €13,577 | €18,520 | +€4,943 | +36.4% |
| Amounts receivable within one year | 40/41 | €8,023 | €13,421 | +€5,397 | +67.3% |
| Trade receivables | 40 | €6,868 | €13,421 | +€6,553 | +95.4% |
| Other amounts receivable | 41 | €1,155 | €0 | -€1,155 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,806 | €4,402 | -€403 | -8.4% |
| Deferred charges and accrued income | 490/1 | €748 | €697 | -€51 | -6.8% |
| Total equity and liabilities | 10/49 | €23,186 | €24,915 | +€1,728 | +7.5% |
| Equity | 10/15 | €13,453 | €12,064 | -€1,390 | -10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,253 | €5,864 | -€1,390 | -19.2% |
| Amounts payable | 17/49 | €9,733 | €12,851 | +€3,118 | +32.0% |
| Amounts payable within one year | 42/48 | €9,159 | €12,851 | +€3,692 | +40.3% |
| Trade debts | 44 | €1,709 | €4,796 | +€3,087 | +180.7% |
| Suppliers | 440/4 | €1,709 | €4,796 | +€3,087 | +180.7% |
| Taxes, remuneration and social security | 45 | - | €472 | +€472 | |
| Taxes | 450/3 | - | €472 | +€472 | |
| Other amounts payable | 47/48 | €7,450 | €7,583 | +€133 | +1.8% |
| Accrued charges and deferred income | 492/3 | €574 | €0 | -€574 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,458 | €3,215 | -€243 | -7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €485 | €0 | -€485 | -100.0% |
| Other operating charges | 640/8 | €1,115 | €807 | -€308 | -27.7% |
| Gross operating margin | 9900 | €5,120 | €2,357 | -€2,763 | -54.0% |
| Operating profit (loss) | 9901 | €62 | -€1,665 | -€1,727 | |
| Financial income | 75/76B | €125 | €372 | +€247 | +196.8% |
| Recurring financial income | 75 | €125 | €372 | +€247 | +196.8% |
| Financial charges | 65/66B | €107 | €97 | -€10 | -9.1% |
| Recurring financial charges | 65 | €107 | €97 | -€10 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €81 | -€1,390 | -€1,470 | |
| Profit (loss) for the period | 9904 | €81 | -€1,390 | -€1,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €81 | -€1,390 | -€1,470 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.