proFarm: 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.
proFarm
Largest movements
- Receivables within one year -€153,369
down €153,369 (-29.4%), from €521,333 to €367,964
of which Other amounts receivable: -€83,787
- Cash +€106,427
up €106,427 (+589.2%), from €18,064 to €124,491
mainly Receivables within one year (+€153,369) and Trade debts (+€24,971)
- Tangible fixed assets -€43,243
down €43,243 (-55.6%), from €77,784 to €34,541
of which Furniture and vehicles: -€42,493
- Deferred charges and accrued income +€14,314
up €14,314 (+22.2%), from €64,442 to €78,757
- Intangible fixed assets +€11,218
up €11,218 (+414.2%), from €2,708 to €13,926
- Reserves -€67,772
down €67,772 (-13.3%), from €508,778 to €441,006
of which Distributable reserves: -€67,772
- Trade debts +€24,971
up €24,971 (+37.9%), from €65,830 to €90,801
- Accrued charges and deferred income -€20,283
down €20,283 (-61.3%), from €33,085 to €12,802
- Debts after one year -€9,110
down €9,110 (-33.2%), from €27,453 to €18,343
- Staff costs +€103,979
up €103,979 (+73.7%), from €141,044 to €245,023
- Gross operating margin +€57,802
up €57,802 (+40.0%), from €144,426 to €202,228
- Financial charges +€3,559
up €3,559 (+407.3%), from €874 to €4,433
- Financial income -€2,989
down €2,989 (-26.8%), from €11,157 to €8,169
- Depreciation +€2,449
up €2,449 (+26.1%), from €9,395 to €11,844
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 | €686,006 | €620,509 | -€65,497 | -9.5% |
| Fixed assets | 21/28 | €80,492 | €48,467 | -€32,025 | -39.8% |
| Intangible fixed assets | 21 | €2,708 | €13,926 | +€11,218 | +414.2% |
| Tangible fixed assets | 22/27 | €77,784 | €34,541 | -€43,243 | -55.6% |
| Plant, machinery and equipment | 23 | €1,589 | €839 | -€750 | -47.2% |
| Furniture and vehicles | 24 | €76,194 | €33,702 | -€42,493 | -55.8% |
| Current assets | 29/58 | €605,514 | €572,042 | -€33,472 | -5.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €1,674 | €830 | -€844 | -50.4% |
| Stocks | 30/36 | €1,674 | €830 | -€844 | -50.4% |
| Amounts receivable within one year | 40/41 | €521,333 | €367,964 | -€153,369 | -29.4% |
| Trade receivables | 40 | €292,515 | €222,933 | -€69,582 | -23.8% |
| Other amounts receivable | 41 | €228,818 | €145,031 | -€83,787 | -36.6% |
| Cash at bank and in hand | 54/58 | €18,064 | €124,491 | +€106,427 | +589.2% |
| Deferred charges and accrued income | 490/1 | €64,442 | €78,757 | +€14,314 | +22.2% |
| Total equity and liabilities | 10/49 | €686,006 | €620,509 | -€65,497 | -9.5% |
| Equity | 10/15 | €527,378 | €459,606 | -€67,772 | -12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €508,778 | €441,006 | -€67,772 | -13.3% |
| Non-distributable reserves | 130/1 | €230,000 | €230,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €230,000 | €230,000 | = | 0.0% |
| Distributable reserves | 133 | €278,778 | €211,006 | -€67,772 | -24.3% |
| Amounts payable | 17/49 | €158,628 | €160,903 | +€2,275 | +1.4% |
| Amounts payable after more than one year | 17 | €27,453 | €18,343 | -€9,110 | -33.2% |
| Financial debts | 170/4 | €27,453 | €18,343 | -€9,110 | -33.2% |
| Amounts payable within one year | 42/48 | €98,090 | €129,759 | +€31,669 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €8,808 | €9,110 | +€302 | +3.4% |
| Trade debts | 44 | €65,830 | €90,801 | +€24,971 | +37.9% |
| Suppliers | 440/4 | €65,830 | €90,801 | +€24,971 | +37.9% |
| Taxes, remuneration and social security | 45 | €23,452 | €29,247 | +€5,795 | +24.7% |
| Taxes | 450/3 | €11,904 | €6,564 | -€5,340 | -44.9% |
| Remuneration and social security | 454/9 | €11,549 | €22,683 | +€11,135 | +96.4% |
| Other amounts payable | 47/48 | - | €600 | +€600 | |
| Accrued charges and deferred income | 492/3 | €33,085 | €12,802 | -€20,283 | -61.3% |
| Remuneration, social security and pensions | 62 | €141,044 | €245,023 | +€103,979 | +73.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,395 | €11,844 | +€2,449 | +26.1% |
| Other operating charges | 640/8 | €2,309 | €3,568 | +€1,259 | +54.5% |
| Non-recurring operating charges | 66A | - | €12,366 | +€12,366 | |
| Gross operating margin | 9900 | €144,426 | €202,228 | +€57,802 | +40.0% |
| Operating profit (loss) | 9901 | -€8,322 | -€70,573 | -€62,251 | -748.0% |
| Financial income | 75/76B | €11,157 | €8,169 | -€2,989 | -26.8% |
| Recurring financial income | 75 | €11,157 | €8,169 | -€2,989 | -26.8% |
| Financial charges | 65/66B | €874 | €4,433 | +€3,559 | +407.3% |
| Recurring financial charges | 65 | €874 | €4,433 | +€3,559 | +407.3% |
| Profit (loss) for the period before taxes | 9903 | €1,961 | -€66,837 | -€68,799 | |
| Income taxes | 67/77 | €2,950 | €935 | -€2,015 | -68.3% |
| Profit (loss) for the period | 9904 | -€988 | -€67,772 | -€66,783 | -6756.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€988 | -€67,772 | -€66,783 | -6756.3% |
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 10 October 2026 via checked.be.