STUDFARM OVERIS: 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.
STUDFARM OVERIS
Largest movements
- Cash +€55,273
up €55,273, from €0 to €55,273
mainly Trade debts (+€45,684) and Depreciation (+€28,316)
- Tangible fixed assets -€25,916
down €25,916 (-10.4%), from €248,859 to €222,943
- Receivables within one year +€25,513
up €25,513 (+59.2%), from €43,093 to €68,606
of which Trade receivables: +€18,427
- Deferred charges and accrued income -€19,066
down €19,066 (-97.8%), from €19,501 to €435
- Stocks and contracts +€9,500
up €9,500 (+4.1%), from €233,504 to €243,004
- Trade debts +€45,684
up €45,684 (+130%), from €35,130 to €80,815
- Reserves +€28,151
up €28,151 (+6.3%), from €444,958 to €473,109
- Current portion of long-term debt -€14,289
down €14,289 (-47.5%), from €30,112 to €15,823
- Debts after one year -€12,458
down €12,458 (-100%), from €12,458 to €0
- Financial income -€15,594
down €15,594 (-86.0%), from €18,126 to €2,533
- Gross operating margin +€10,920
up €10,920 (+18.0%), from €60,595 to €71,515
- Other operating charges -€1,287
down €1,287 (-63.5%), from €2,027 to €740
- Taxes +€1,083
up €1,083 (+8.9%), from €12,122 to €13,204
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 | €632,858 | €678,162 | +€45,304 | +7.2% |
| Fixed assets | 21/28 | €248,859 | €222,943 | -€25,916 | -10.4% |
| Tangible fixed assets | 22/27 | €248,859 | €222,943 | -€25,916 | -10.4% |
| Land and buildings | 22 | €50,877 | €43,038 | -€7,839 | -15.4% |
| Plant, machinery and equipment | 23 | €624 | €1,043 | +€419 | +67.2% |
| Furniture and vehicles | 24 | €21,548 | €10,530 | -€11,018 | -51.1% |
| Other tangible fixed assets | 26 | €175,811 | €168,332 | -€7,479 | -4.3% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €383,998 | €455,218 | +€71,220 | +18.5% |
| Amounts receivable after more than one year | 29 | €87,900 | €87,900 | = | 0.0% |
| Other amounts receivable | 291 | €87,900 | €87,900 | = | 0.0% |
| Stocks and contracts in progress | 3 | €233,504 | €243,004 | +€9,500 | +4.1% |
| Stocks | 30/36 | €233,504 | €243,004 | +€9,500 | +4.1% |
| Amounts receivable within one year | 40/41 | €43,093 | €68,606 | +€25,513 | +59.2% |
| Trade receivables | 40 | €38,093 | €56,520 | +€18,427 | +48.4% |
| Other amounts receivable | 41 | €5,000 | €12,086 | +€7,086 | +142% |
| Cash at bank and in hand | 54/58 | €0 | €55,273 | +€55,273 | |
| Deferred charges and accrued income | 490/1 | €19,501 | €435 | -€19,066 | -97.8% |
| Total equity and liabilities | 10/49 | €632,858 | €678,162 | +€45,304 | +7.2% |
| Equity | 10/15 | €463,558 | €491,709 | +€28,151 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €444,958 | €473,109 | +€28,151 | +6.3% |
| Distributable reserves | 133 | €444,958 | €473,109 | +€28,151 | +6.3% |
| Amounts payable | 17/49 | €169,300 | €186,452 | +€17,153 | +10.1% |
| Amounts payable after more than one year | 17 | €12,458 | €0 | -€12,458 | -100% |
| Financial debts | 170/4 | €12,458 | €0 | -€12,458 | -100% |
| Amounts payable within one year | 42/48 | €156,756 | €185,062 | +€28,306 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €30,112 | €15,823 | -€14,289 | -47.5% |
| Financial debts | 43 | €2,496 | €0 | -€2,496 | -100% |
| Credit institutions | 430/8 | €2,496 | €0 | -€2,496 | -100% |
| Trade debts | 44 | €35,130 | €80,815 | +€45,684 | +130% |
| Suppliers | 440/4 | €35,130 | €80,815 | +€45,684 | +130% |
| Taxes, remuneration and social security | 45 | €31,614 | €33,862 | +€2,248 | +7.1% |
| Taxes | 450/3 | €31,614 | €29,537 | -€2,077 | -6.6% |
| Remuneration and social security | 454/9 | - | €4,325 | +€4,325 | |
| Other amounts payable | 47/48 | €57,404 | €54,563 | -€2,841 | -4.9% |
| Accrued charges and deferred income | 492/3 | €86 | €1,390 | +€1,304 | +1,523% |
| Remuneration, social security and pensions | 62 | €162 | €341 | +€179 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,344 | €28,316 | -€28 | -0.1% |
| Other operating charges | 640/8 | €2,027 | €740 | -€1,287 | -63.5% |
| Gross operating margin | 9900 | €60,595 | €71,515 | +€10,920 | +18.0% |
| Operating profit (loss) | 9901 | €30,063 | €42,118 | +€12,055 | +40.1% |
| Financial income | 75/76B | €18,126 | €2,533 | -€15,594 | -86.0% |
| Recurring financial income | 75 | €18,126 | €2,533 | -€15,594 | -86.0% |
| Financial charges | 65/66B | €3,882 | €3,295 | -€587 | -15.1% |
| Recurring financial charges | 65 | €3,882 | €3,295 | -€587 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €44,307 | €41,356 | -€2,952 | -6.7% |
| Income taxes | 67/77 | €12,122 | €13,204 | +€1,083 | +8.9% |
| Profit (loss) for the period | 9904 | €32,186 | €28,151 | -€4,035 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,186 | €28,151 | -€4,035 | -12.5% |
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 25 October 2026 via checked.be.