FAR CONSTRUCT: what changed
Two fiscal 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.
FAR CONSTRUCT
Largest movements
- Cash -€19,774
down €19,774 (-95.2%), from €20,772 to €999
mainly Net result for the year (-€12,859) and Trade debts (-€9,246)
- Receivables within one year -€6,627
down €6,627 (-44.4%), from €14,938 to €8,312
of which Trade receivables: -€6,408
- Deferred charges and accrued income +€4,725
new in 2023: €4,725
- Profit (loss) carried forward -€12,859
down €12,859 (-170.4%), from -€7,544 to -€20,403
- Trade debts -€9,246
down €9,246 (-48.6%), from €19,027 to €9,781
- Accrued charges and deferred income +€430
new in 2023: €430
- Gross operating margin -€24,003
down €24,003, from €12,147 to -€11,855
- Taxes -€3,068
down €3,068 (-100.0%), from €3,068 to €0
- Other operating charges +€506
up €506 (+110.3%), from €459 to €964
- Financial charges -€205
down €205 (-83.8%), from €244 to €40
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,171 | €14,495 | -€21,675 | -59.9% |
| Fixed assets | 21/28 | €460 | €460 | = | 0.0% |
| Financial fixed assets | 28 | €460 | €460 | = | 0.0% |
| Current assets | 29/58 | €35,711 | €14,035 | -€21,675 | -60.7% |
| Amounts receivable within one year | 40/41 | €14,938 | €8,312 | -€6,627 | -44.4% |
| Trade receivables | 40 | €14,563 | €8,155 | -€6,408 | -44.0% |
| Other amounts receivable | 41 | €375 | €157 | -€218 | -58.2% |
| Cash at bank and in hand | 54/58 | €20,772 | €999 | -€19,774 | -95.2% |
| Deferred charges and accrued income | 490/1 | - | €4,725 | +€4,725 | |
| Total equity and liabilities | 10/49 | €36,171 | €14,495 | -€21,675 | -59.9% |
| Equity | 10/15 | €11,056 | -€1,803 | -€12,859 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,544 | -€20,403 | -€12,859 | -170.4% |
| Amounts payable | 17/49 | €25,115 | €16,298 | -€8,816 | -35.1% |
| Amounts payable within one year | 42/48 | €25,115 | €15,869 | -€9,246 | -36.8% |
| Trade debts | 44 | €19,027 | €9,781 | -€9,246 | -48.6% |
| Suppliers | 440/4 | €19,027 | €9,781 | -€9,246 | -48.6% |
| Taxes, remuneration and social security | 45 | €3,068 | €3,068 | = | 0.0% |
| Taxes | 450/3 | €3,068 | €3,068 | = | 0.0% |
| Other amounts payable | 47/48 | €3,020 | €3,020 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €430 | +€430 | |
| Other operating charges | 640/8 | €459 | €964 | +€506 | +110.3% |
| Gross operating margin | 9900 | €12,147 | -€11,855 | -€24,003 | |
| Operating profit (loss) | 9901 | €11,689 | -€12,819 | -€24,508 | |
| Financial charges | 65/66B | €244 | €40 | -€205 | -83.8% |
| Recurring financial charges | 65 | €244 | €40 | -€205 | -83.8% |
| Profit (loss) for the period before taxes | 9903 | €11,445 | -€12,859 | -€24,304 | |
| Income taxes | 67/77 | €3,068 | €0 | -€3,068 | -100.0% |
| Profit (loss) for the period | 9904 | €8,376 | -€12,859 | -€21,235 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,376 | -€12,859 | -€21,235 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.