FAROMEDIA
InactiveFinancials · financial year 2024, micro format
Turnover
≈ €450,000
Estimated: probably between €300,000 and €690,000
Total assets
€397,151▼ 1.0%
2023 · €401,181
Net result
€127,558▲ 21.4%
2023 · €105,099
Working capital
-€39,275
2023 · €91,286
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result has fallen two years in a row; 2024 is 6% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€128,259
2024
Net result€127,558
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€397,151
2024
Equity€70,596
2024
Debt€326,555
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€39,275
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result€71,135-€133,985▲ 88.4%€73,516▼ 45.1%€235,891▲ 221%€136,914▼ 42.0%€128,259▼ 6.3%
Net result€67,879-€125,169▲ 84.4%€68,397▼ 45.4%€227,129▲ 232%€105,099▼ 53.7%€127,558▲ 21.4%
Equity€137,785-€139,997▲ 1.6%€141,253▲ 0.9%€144,129▲ 2.0%€232,029▲ 61.0%€70,596▼ 69.6%
Total assets€233,514-€259,695▲ 11.2%€244,773▼ 5.7%€365,658▲ 49.4%€401,181▲ 9.7%€397,151▼ 1.0%
Debt€95,729-€119,698▲ 25.0%€103,520▼ 13.5%€221,529▲ 114%€169,151▼ 23.6%€326,555▲ 93.1%
Working capital€75,483-€130,389▲ 72.7%€69,403▼ 46.8%€56,534▼ 18.5%€91,286▲ 61.5%-€39,275
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €397,151
Fixed assets
€109,870 ▼ 21.9%
Current assets
€287,280 ▲ 10.3%
Equity and liabilities €397,151
Equity
€70,596 ▼ 69.6%
Debt
€326,555 ▲ 93.1%
Debt's share of the balance-sheet total rises from 42.2% to 82.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€164,548▼
2023 · €171,510
Cash flow
€163,847▲
2023 · €139,695
Current ratio
0.88▼
2023 · 1.54
Debt to equity
4.63▲
2023 · 0.73
ROE
180.7%▲
2023 · 45.3%
ROA
32.1%▲
2023 · 26.2%
Interest coverage
over 100
2023 · over 100
Debt ≤ 1 year
€326,555▲
2023 · €169,151
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,988 | €7,042 | €18,802 | €7,065 | €34,596 | €36,289 | ▲ 4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €675 | €168 | - | - |
| Other operating charges640/8 | - | - | - | €1,281 | €827 | €14,682 | ▲ 18× |
| Non-recurring operating charges66A | - | - | - | €17,646 | €5,180 | - | - |
| Gross operating margin9900 | €115,694 | €148,091 | €93,724 | €262,558 | €177,685 | €179,230 | ▲ 0.9% |
| Operating profit (loss)9901 | €71,135 | €133,985 | €73,516 | €235,891 | €136,914 | €128,259 | ▼ 6.3% |
| Financial income75/76B | - | - | - | €1,421 | €275 | €258 | ▼ 6.2% |
| Recurring financial income75 | €4,598 | €167 | €1,211 | €1,421 | €275 | €258 | ▼ 6.2% |
| Financial charges65/66B | - | - | - | €1,831 | €78 | €959 | ▲ 12× |
| Recurring financial charges65 | €1,522 | €208 | €358 | €1,831 | €78 | €959 | ▲ 12× |
| Profit (loss) for the period before taxes9903 | €74,211 | €133,945 | €74,369 | €235,481 | €137,111 | €127,558 | ▼ 7.0% |
| Income taxes67/77 | €6,332 | €8,775 | €5,972 | €8,352 | €32,012 | - | - |
| Profit (loss) for the period9904 | €67,879 | €125,169 | €68,397 | €227,129 | €105,099 | €127,558 | ▲ 21.4% |
| Profit (loss) for the period to be appropriated9905 | €67,879 | €125,169 | €68,397 | €227,129 | €105,099 | €127,558 | ▲ 21.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €233,514 | €259,695 | €244,773 | €365,658 | €401,181 | €397,151 | ▼ 1.0% |
| Fixed assets21/28 | €62,302 | €9,609 | €71,850 | €87,595 | €140,743 | €109,870 | ▼ 21.9% |
| Tangible fixed assets22/27 | €62,292 | €9,599 | €71,840 | €87,585 | €140,733 | €109,860 | ▼ 21.9% |
| Plant, machinery and equipment23 | - | - | - | €3,301 | €8,281 | €10,786 | ▲ 30.2% |
| Furniture and vehicles24 | - | - | - | €84,284 | €132,452 | €99,075 | ▼ 25.2% |
| Financial fixed assets28 | €10 | €10 | €10 | €10 | €10 | €10 | = |
| Current assets29/58 | €171,212 | €250,086 | €172,924 | €278,063 | €260,438 | €287,280 | ▲ 10.3% |
| Amounts receivable within one year40/41 | €41,689 | €146,081 | €65,331 | €137,918 | €154,618 | €92,967 | ▼ 39.9% |
| Trade receivables40 | - | - | - | €137,371 | €130,010 | €80,577 | ▼ 38.0% |
| Other amounts receivable41 | - | - | - | €547 | €24,608 | €12,390 | ▼ 49.6% |
| Cash at bank and in hand54/58 | €128,071 | €101,987 | €106,135 | €137,721 | €102,692 | €192,430 | ▲ 87.4% |
| Deferred charges and accrued income490/1 | - | - | - | €2,424 | €3,128 | €1,883 | ▼ 39.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €233,514 | €259,695 | €244,773 | €365,658 | €401,181 | €397,151 | ▼ 1.0% |
| Equity10/15 | €137,785 | €139,997 | €141,253 | €144,129 | €232,029 | €70,596 | ▼ 69.6% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €119,185 | €121,397 | €122,653 | €125,529 | €213,429 | €51,996 | ▼ 75.6% |
| Non-distributable reserves130/1 | - | - | - | €5,065 | €5,065 | €5,065 | = |
| Reserves not available under the articles1311 | - | - | - | €5,065 | €5,065 | €5,065 | = |
| Tax-exempt reserves132 | - | - | - | €46,931 | €46,931 | €46,931 | = |
| Distributable reserves133 | - | - | - | €73,533 | €161,433 | - | - |
| Amounts payable17/49 | €95,729 | €119,698 | €103,520 | €221,529 | €169,151 | €326,555 | ▲ 93.1% |
| Amounts payable within one year42/48 | €95,729 | €119,698 | €103,520 | €221,529 | €169,151 | €326,555 | ▲ 93.1% |
| Trade debts44 | €9,410 | €3,748 | €16,535 | €20,714 | €26,615 | €22,134 | ▼ 16.8% |
| Suppliers440/4 | - | - | - | €20,714 | €26,615 | €22,134 | ▼ 16.8% |
| Taxes, remuneration and social security45 | - | - | - | €32,438 | €37,469 | €15,430 | ▼ 58.8% |
| Taxes450/3 | - | - | - | €32,438 | €37,469 | €15,430 | ▼ 58.8% |
| Other amounts payable47/48 | - | - | - | €168,377 | €105,068 | €288,991 | ▲ 175% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,879 | €125,169 | €68,397 | €227,129 | €105,099 | €127,558 | ▲ 21.4% |
| + Depreciation and write-downs630 | €43,988 | €7,042 | €18,802 | €7,065 | €34,596 | €36,289 | ▲ 4.9% |
| Operating cash flow (approximation) | €111,867 | €132,211 | €87,199 | €234,195 | €139,695 | €163,847 | ▲ 17.3% |
| Investment in fixed assets (approximation) | - | €45,651 | -€81,043 | -€22,810 | -€87,744 | -€5,417 | ▲ 93.8% |
| Change in cash | - | -€26,085 | €4,148 | €31,586 | -€35,029 | €89,738 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2024 | micro format | 26-07-2024 | 2024-00297478 |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00011101 |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00016191 |
| 30-06-2021 | micro format | 28-01-2022 | 2022-02600251 |
| 30-06-2020 | micro format | 30-09-2020 | 2020-57300147 |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03500173 |
| 30-06-2018 | micro format | 28-01-2019 | 2019-02700295 |
| 30-06-2017 | micro format | 17-01-2018 | 2018-01700217 |
| 30-06-2016 | abbreviated format | 07-02-2017 | 2017-04100172 |
| 30-06-2015 | abbreviated format | 25-01-2016 | 2016-02600302 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.