FAR CONSTRUCTS: 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 CONSTRUCTS
Largest movements
- Stocks and contracts +€39,841
up €39,841 (+99.6%), from €40,000 to €79,841
- Tangible fixed assets -€4,750
no longer reported in 2025 (was €4,750)
- Intangible fixed assets -€3,500
down €3,500 (-10.1%), from €34,708 to €31,208
- Cash +€2,993
up €2,993 (+465.8%), from €643 to €3,636
mainly Other debts (+€79,251) and Trade debts (+€18,021)
- Receivables within one year +€2,197
up €2,197 (+290.7%), from €756 to €2,953
of which Trade receivables: +€1,294
- Other debts +€79,251
up €79,251 (+100.4%), from €78,905 to €158,157
- Profit (loss) carried forward -€56,127
down €56,127 (-371.1%), from -€15,125 to -€71,252
- Trade debts +€18,021
up €18,021 (+3985.7%), from €452 to €18,473
- Current portion of long-term debt -€5,405
no longer reported in 2025 (was €5,405)
- Gross operating margin -€42,630
down €42,630, from €9,395 to -€33,235
- Staff costs +€15,336
new in 2025: €15,336
- Depreciation +€3,208
up €3,208 (+63.6%), from €5,042 to €8,250
- Financial charges -€2,445
down €2,445, from €1,269 to -€1,176
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.
Cash bridge derived
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 | €80,857 | €117,638 | +€36,781 | +45.5% |
| Fixed assets | 21/28 | €39,458 | €31,208 | -€8,250 | -20.9% |
| Intangible fixed assets | 21 | €34,708 | €31,208 | -€3,500 | -10.1% |
| Tangible fixed assets | 22/27 | €4,750 | - | -€4,750 | |
| Leasing and similar rights | 25 | €4,750 | - | -€4,750 | |
| Current assets | 29/58 | €41,398 | €86,429 | +€45,031 | +108.8% |
| Stocks and contracts in progress | 3 | €40,000 | €79,841 | +€39,841 | +99.6% |
| Stocks | 30/36 | €40,000 | €79,841 | +€39,841 | +99.6% |
| Amounts receivable within one year | 40/41 | €756 | €2,953 | +€2,197 | +290.7% |
| Trade receivables | 40 | - | €1,294 | +€1,294 | |
| Other amounts receivable | 41 | €756 | €1,659 | +€903 | +119.5% |
| Cash at bank and in hand | 54/58 | €643 | €3,636 | +€2,993 | +465.8% |
| Total equity and liabilities | 10/49 | €80,857 | €117,638 | +€36,781 | +45.5% |
| Equity | 10/15 | -€13,125 | -€69,252 | -€56,127 | -427.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,125 | -€71,252 | -€56,127 | -371.1% |
| Amounts payable | 17/49 | €93,981 | €186,889 | +€92,908 | +98.9% |
| Amounts payable after more than one year | 17 | €850 | €850 | = | 0.0% |
| Financial debts | 170/4 | €850 | €850 | = | 0.0% |
| Amounts payable within one year | 42/48 | €93,131 | €186,039 | +€92,908 | +99.8% |
| Current portion of amounts payable after more than one year | 42 | €5,405 | - | -€5,405 | |
| Trade debts | 44 | €452 | €18,473 | +€18,021 | +3985.7% |
| Suppliers | 440/4 | €452 | €18,473 | +€18,021 | +3985.7% |
| Taxes, remuneration and social security | 45 | €8,368 | €9,409 | +€1,041 | +12.4% |
| Remuneration and social security | 454/9 | €8,368 | €9,409 | +€1,041 | +12.4% |
| Other amounts payable | 47/48 | €78,905 | €158,157 | +€79,251 | +100.4% |
| Remuneration, social security and pensions | 62 | - | €15,336 | +€15,336 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,042 | €8,250 | +€3,208 | +63.6% |
| Other operating charges | 640/8 | €154 | €159 | +€5 | +3.1% |
| Non-recurring operating charges | 66A | - | €323 | +€323 | |
| Gross operating margin | 9900 | €9,395 | -€33,235 | -€42,630 | |
| Operating profit (loss) | 9901 | €4,199 | -€57,303 | -€61,502 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,269 | -€1,176 | -€2,445 | |
| Recurring financial charges | 65 | €1,269 | -€1,176 | -€2,445 | |
| Profit (loss) for the period before taxes | 9903 | €2,930 | -€56,127 | -€59,057 | |
| Profit (loss) for the period | 9904 | €2,930 | -€56,127 | -€59,057 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,930 | -€56,127 | -€59,057 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.