SA FERME D'ODENGE: what changed
What changed
SA FERME D'ODENGE
NACE 82.400, Office administrative, office support and other business support activities
filed annual accounts (NBB)
Net result for the year
€32,109
2024 · -€121,011+€153,121
Equity
€317,133
2024 · €289,332+€27,801
Cash
€0
2024 · €42,461-€42,461
Balance sheet total
€2.0m
2024 · €2.2m-€187,314
Largest movements
Assets
- Tangible fixed assets -€142,922
down €142,922 (-6.9%), from €2.1m to €1.9m
- Cash -€42,461
down €42,461 (-100%), from €42,461 to €0
mainly Debts after one year (-€171,726) and Other debts (-€32,223)
Equity and liabilities
- Debts after one year -€171,726
down €171,726 (-14.7%), from €1.2m to €993,656
of which Financial debts: -€171,726
- Short-term financial debts +€39,567
new in 2025: €39,567
- Revaluation surpluses -€39,009
down €39,009 (-5.8%), from €672,892 to €633,883
- Reserves +€39,009
up €39,009 (+13.8%), from €283,683 to €322,692
- Other debts -€32,223
down €32,223 (-17.2%), from €187,045 to €154,822
Income statement
- Gross operating margin +€183,125
up €183,125 (+35.3%), from €519,341 to €702,466
- Staff costs +€15,865
up €15,865 (+3.9%), from €411,248 to €427,112
- Depreciation +€15,566
up €15,566 (+9.2%), from €169,189 to €184,754
- Financial charges -€12,094
down €12,094 (-20.4%), from €59,161 to €47,067
- Other operating charges +€10,753
up €10,753 (+209%), from €5,151 to €15,904
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€121,011
Gross operating margin
+€183,125
Staff costs
-€15,865
Depreciation
-€15,566
Other operating charges
-€10,753
Financial income
+€251
Financial charges
+€12,094
Taxes
-€167
Result 2025
€32,109
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€141,845
Investment
-€29,627
Financing
-€154,679
Cash 2024
€42,461
From operations (derived)
+€141,845
Net result for the year
+€32,109
Depreciation
+€184,754
Receivables within one year
-€13,775
Deferred charges and accrued income
+€3,500
Trade debts
+€9,395
Tax, wage and social debts
-€12,457
Advances received
-€29,334
Other debts
-€32,223
Accrued charges and deferred income
-€125
Investment (derived)
-€29,627
Investment in fixed assets (net)
-€29,627
Financing
-€154,679
Debts after one year
-€171,726
Current portion of long-term debt
-€18,212
Short-term financial debts
+€39,567
Contributions, distributions and other
-€4,308
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,193,967 | €2,006,653 | -€187,314 | -8.5% |
| Formation expenses | 20 | €53,423 | €43,717 | -€9,706 | -18.2% |
| Fixed assets | 21/28 | €2,069,138 | €1,923,716 | -€145,422 | -7.0% |
| Intangible fixed assets | 21 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Tangible fixed assets | 22/27 | €2,064,058 | €1,921,136 | -€142,922 | -6.9% |
| Land and buildings | 22 | €1,038,948 | €983,257 | -€55,691 | -5.4% |
| Plant, machinery and equipment | 23 | €992,389 | €924,779 | -€67,611 | -6.8% |
| Furniture and vehicles | 24 | €32,721 | €13,101 | -€19,620 | -60.0% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €71,406 | €39,220 | -€32,186 | -45.1% |
| Amounts receivable within one year | 40/41 | €21,103 | €34,878 | +€13,775 | +65.3% |
| Trade receivables | 40 | €21,103 | €33,386 | +€12,282 | +58.2% |
| Other amounts receivable | 41 | - | €1,492 | +€1,492 | |
| Cash at bank and in hand | 54/58 | €42,461 | €0 | -€42,461 | -100% |
| Deferred charges and accrued income | 490/1 | €7,841 | €4,342 | -€3,500 | -44.6% |
| Total equity and liabilities | 10/49 | €2,193,967 | €2,006,653 | -€187,314 | -8.5% |
| Equity | 10/15 | €289,332 | €317,133 | +€27,801 | +9.6% |
| Contributions | 10/11 | €235,500 | €235,500 | = | 0.0% |
| Capital | 10 | €235,500 | €235,500 | = | 0.0% |
| Issued capital | 100 | €235,500 | €235,500 | = | 0.0% |
| Revaluation surpluses | 12 | €672,892 | €633,883 | -€39,009 | -5.8% |
| Reserves | 13 | €283,683 | €322,692 | +€39,009 | +13.8% |
| Distributable reserves | 133 | €283,683 | €322,692 | +€39,009 | +13.8% |
| Profit (loss) carried forward | 14 | -€982,429 | -€950,319 | +€32,109 | +3.3% |
| Investment grants | 15 | €79,685 | €75,377 | -€4,308 | -5.4% |
| Amounts payable | 17/49 | €1,904,635 | €1,689,520 | -€215,115 | -11.3% |
| Amounts payable after more than one year | 17 | €1,165,382 | €993,656 | -€171,726 | -14.7% |
| Financial debts | 170/4 | €865,382 | €693,656 | -€171,726 | -19.8% |
| Other amounts payable | 178/9 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €738,603 | €695,339 | -€43,264 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €167,889 | €149,677 | -€18,212 | -10.8% |
| Financial debts | 43 | - | €39,567 | +€39,567 | |
| Credit institutions | 430/8 | - | €39,567 | +€39,567 | |
| Trade debts | 44 | €177,190 | €186,586 | +€9,395 | +5.3% |
| Suppliers | 440/4 | €177,190 | €186,586 | +€9,395 | +5.3% |
| Advances received on contracts in progress | 46 | €47,945 | €18,611 | -€29,334 | -61.2% |
| Taxes, remuneration and social security | 45 | €158,533 | €146,076 | -€12,457 | -7.9% |
| Taxes | 450/3 | €66,340 | €83,905 | +€17,566 | +26.5% |
| Remuneration and social security | 454/9 | €92,193 | €62,171 | -€30,023 | -32.6% |
| Other amounts payable | 47/48 | €187,045 | €154,822 | -€32,223 | -17.2% |
| Accrued charges and deferred income | 492/3 | €650 | €525 | -€125 | -19.2% |
| Remuneration, social security and pensions | 62 | €411,248 | €427,112 | +€15,865 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,189 | €184,754 | +€15,566 | +9.2% |
| Other operating charges | 640/8 | €5,151 | €15,904 | +€10,753 | +209% |
| Gross operating margin | 9900 | €519,341 | €702,466 | +€183,125 | +35.3% |
| Operating profit (loss) | 9901 | -€66,246 | €74,696 | +€140,942 | |
| Financial income | 75/76B | €4,433 | €4,685 | +€251 | +5.7% |
| Recurring financial income | 75 | €4,433 | €4,685 | +€251 | +5.7% |
| Financial charges | 65/66B | €59,161 | €47,067 | -€12,094 | -20.4% |
| Recurring financial charges | 65 | €59,161 | €47,067 | -€12,094 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | -€120,974 | €32,314 | +€153,288 | |
| Income taxes | 67/77 | €38 | €204 | +€167 | +445% |
| Profit (loss) for the period | 9904 | -€121,011 | €32,109 | +€153,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€121,011 | €32,109 | +€153,121 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.