R&B FARMA: 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.
R&B FARMA
Largest movements
- Cash +€59,126
up €59,126 (+60.6%), from €97,507 to €156,633
mainly Net result for the year (+€92,414) and Tax, wage and social debts (+€23,324)
- Current investments +€30,629
up €30,629 (+77.6%), from €39,490 to €70,119
- Receivables after one year +€15,000
up €15,000 (+50.0%), from €30,000 to €45,000
of which Trade receivables: +€45,000
- Tangible fixed assets -€14,204
down €14,204 (-15.3%), from €92,650 to €78,446
of which Land and buildings: -€14,000
- Deferred charges and accrued income -€7,005
down €7,005 (-37.5%), from €18,672 to €11,667
- Reserves +€75,814
up €75,814 (+34.3%), from €220,937 to €296,751
- Trade debts -€36,707
down €36,707 (-28.8%), from €127,552 to €90,845
- Tax, wage and social debts +€23,324
up €23,324 (+139%), from €16,827 to €40,151
of which Taxes: +€19,124
- Current portion of long-term debt +€17,228
up €17,228 (+131%), from €13,103 to €30,331
- Other debts +€15,605
up €15,605 (+105%), from €14,805 to €30,410
- Gross operating margin +€34,257
up €34,257 (+24.5%), from €139,883 to €174,140
- Financial charges +€19,005
up €19,005 (+284%), from €6,700 to €25,704
- Taxes +€5,347
up €5,347 (+16.0%), from €33,463 to €38,810
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,888 | €521,346 | +€75,457 | +16.9% |
| Fixed assets | 21/28 | €95,150 | €80,946 | -€14,204 | -14.9% |
| Tangible fixed assets | 22/27 | €92,650 | €78,446 | -€14,204 | -15.3% |
| Land and buildings | 22 | €82,147 | €68,147 | -€14,000 | -17.0% |
| Plant, machinery and equipment | 23 | €3,599 | €4,411 | +€812 | +22.6% |
| Furniture and vehicles | 24 | €4,404 | €3,388 | -€1,016 | -23.1% |
| Other tangible fixed assets | 26 | €2,500 | €2,500 | = | 0.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €350,738 | €440,400 | +€89,661 | +25.6% |
| Amounts receivable after more than one year | 29 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Trade receivables | 290 | - | €45,000 | +€45,000 | |
| Other amounts receivable | 291 | €30,000 | - | -€30,000 | |
| Stocks and contracts in progress | 3 | €79,337 | €75,871 | -€3,466 | -4.4% |
| Stocks | 30/36 | €79,337 | €75,871 | -€3,466 | -4.4% |
| Amounts receivable within one year | 40/41 | €85,732 | €81,110 | -€4,622 | -5.4% |
| Trade receivables | 40 | €85,571 | €81,046 | -€4,525 | -5.3% |
| Other amounts receivable | 41 | €160 | €63 | -€97 | -60.6% |
| Current investments | 50/53 | €39,490 | €70,119 | +€30,629 | +77.6% |
| Cash at bank and in hand | 54/58 | €97,507 | €156,633 | +€59,126 | +60.6% |
| Deferred charges and accrued income | 490/1 | €18,672 | €11,667 | -€7,005 | -37.5% |
| Total equity and liabilities | 10/49 | €445,888 | €521,346 | +€75,457 | +16.9% |
| Equity | 10/15 | €222,937 | €298,751 | +€75,814 | +34.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €220,937 | €296,751 | +€75,814 | +34.3% |
| Distributable reserves | 133 | €220,937 | €296,751 | +€75,814 | +34.3% |
| Amounts payable | 17/49 | €222,952 | €222,595 | -€357 | -0.2% |
| Amounts payable after more than one year | 17 | €44,606 | €30,857 | -€13,749 | -30.8% |
| Financial debts | 170/4 | €44,606 | €30,857 | -€13,749 | -30.8% |
| Amounts payable within one year | 42/48 | €176,541 | €191,738 | +€15,197 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €13,103 | €30,331 | +€17,228 | +131% |
| Trade debts | 44 | €127,552 | €90,845 | -€36,707 | -28.8% |
| Suppliers | 440/4 | €127,552 | €90,845 | -€36,707 | -28.8% |
| Advances received on contracts in progress | 46 | €4,253 | - | -€4,253 | |
| Taxes, remuneration and social security | 45 | €16,827 | €40,151 | +€23,324 | +139% |
| Taxes | 450/3 | €16,827 | €35,952 | +€19,124 | +114% |
| Remuneration and social security | 454/9 | - | €4,200 | +€4,200 | |
| Other amounts payable | 47/48 | €14,805 | €30,410 | +€15,605 | +105% |
| Accrued charges and deferred income | 492/3 | €1,805 | - | -€1,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,494 | €17,243 | -€250 | -1.4% |
| Other operating charges | 640/8 | €1,941 | €1,507 | -€434 | -22.3% |
| Gross operating margin | 9900 | €139,883 | €174,140 | +€34,257 | +24.5% |
| Operating profit (loss) | 9901 | €120,448 | €155,389 | +€34,941 | +29.0% |
| Financial income | 75/76B | €497 | €1,539 | +€1,041 | +209% |
| Recurring financial income | 75 | €497 | €1,539 | +€1,041 | +209% |
| Financial charges | 65/66B | €6,700 | €25,704 | +€19,005 | +284% |
| Recurring financial charges | 65 | €6,700 | €25,704 | +€19,005 | +284% |
| Profit (loss) for the period before taxes | 9903 | €114,246 | €131,224 | +€16,978 | +14.9% |
| Income taxes | 67/77 | €33,463 | €38,810 | +€5,347 | +16.0% |
| Profit (loss) for the period | 9904 | €80,782 | €92,414 | +€11,632 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €80,782 | €92,414 | +€11,632 | +14.4% |
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 19 October 2026 via checked.be.