FARA: 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.
FARA
Largest movements
- Current assets -€20,101
down €20,101 (-7.9%), from €255,611 to €235,510
of which Cash: -€21,568
- Provisions -€60,000
down €60,000 (-48.0%), from €124,918 to €64,918
- Equity +€38,144
up €38,144 (+23.4%), from €162,698 to €200,842
- Gross operating margin -€27,685
down €27,685 (-12.4%), from €222,396 to €194,712
From the 2015 result to the 2016 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €322,349 | €300,942 | -€21,408 | -6.6% |
| Fixed assets | 21/28 | €66,738 | €65,431 | -€1,307 | -2.0% |
| Tangible fixed assets | 22/27 | €1,820 | €513 | -€1,307 | -71.8% |
| Financial fixed assets | 28 | €64,918 | €64,918 | = | 0.0% |
| Current assets | 29/58 | €255,611 | €235,510 | -€20,101 | -7.9% |
| Amounts receivable within one year | 40/41 | €59,816 | €60,535 | +€719 | +1.2% |
| Cash at bank and in hand | 54/58 | €193,158 | €171,590 | -€21,568 | -11.2% |
| Total equity and liabilities | 10/49 | €322,349 | €300,942 | -€21,408 | -6.6% |
| Equity | 10/15 | €162,698 | €200,842 | +€38,144 | +23.4% |
| Profit (loss) carried forward | 14 | €40,585 | €38,729 | -€1,856 | -4.6% |
| Provisions and deferred taxes | 16 | €124,918 | €64,918 | -€60,000 | -48.0% |
| Amounts payable | 17/49 | €34,734 | €35,182 | +€448 | +1.3% |
| Amounts payable within one year | 42/48 | €30,039 | €35,182 | +€5,143 | +17.1% |
| Trade debts | 44 | €7,579 | €11,801 | +€4,222 | +55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,278 | €1,307 | +€29 | +2.2% |
| Gross operating margin | 9900 | €222,396 | €194,712 | -€27,685 | -12.4% |
| Operating profit (loss) | 9901 | -€30,584 | -€21,771 | +€8,813 | +28.8% |
| Recurring financial income | 75 | €172 | €139 | -€33 | -19.1% |
| Recurring financial charges | 65 | €197 | €216 | +€19 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | -€30,609 | -€21,848 | +€8,761 | +28.6% |
| Profit (loss) for the period | 9904 | €269 | -€1,856 | -€2,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €269 | -€1,856 | -€2,125 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2015 and 31 December 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.