FARADAY BROTHERS: 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.
FARADAY BROTHERS
Largest movements
- Tangible fixed assets +€400,911
up €400,911 (+24.2%), from €1.7m to €2.1m
of which Land and buildings: +€396,733
- Financial fixed assets +€306,250
up €306,250 (+150%), from €203,768 to €510,018
- Receivables within one year +€46,822
up €46,822 (+13.0%), from €359,092 to €405,914
of which Other amounts receivable: +€38,959
- Other debts +€448,427
up €448,427 (+2,511%), from €17,861 to €466,288
- Debts after one year +€196,805
up €196,805 (+13.2%), from €1.5m to €1.7m
- Short-term financial debts +€75,000
up €75,000 (+42.9%), from €175,000 to €250,000
- Financial charges +€27,042
up €27,042 (+44.6%), from €60,581 to €87,623
- Financial income -€14,367
down €14,367 (-87.5%), from €16,419 to €2,052
- Depreciation +€13,387
up €13,387 (+19.7%), from €67,968 to €81,355
- Taxes -€10,948
down €10,948 (-100%), from €10,948 to €0
- Gross operating margin +€5,754
up €5,754 (+3.5%), from €164,152 to €169,906
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 | €2,223,867 | €2,976,571 | +€752,703 | +33.8% |
| Fixed assets | 21/28 | €1,857,533 | €2,564,694 | +€707,161 | +38.1% |
| Tangible fixed assets | 22/27 | €1,653,764 | €2,054,675 | +€400,911 | +24.2% |
| Land and buildings | 22 | €1,653,764 | €2,050,498 | +€396,733 | +24.0% |
| Furniture and vehicles | 24 | - | €4,178 | +€4,178 | |
| Financial fixed assets | 28 | €203,768 | €510,018 | +€306,250 | +150% |
| Current assets | 29/58 | €366,335 | €411,877 | +€45,542 | +12.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €359,092 | €405,914 | +€46,822 | +13.0% |
| Trade receivables | 40 | €70,186 | €78,049 | +€7,863 | +11.2% |
| Other amounts receivable | 41 | €288,906 | €327,865 | +€38,959 | +13.5% |
| Cash at bank and in hand | 54/58 | €6,259 | €4,169 | -€2,090 | -33.4% |
| Deferred charges and accrued income | 490/1 | €984 | €1,794 | +€810 | +82.3% |
| Total equity and liabilities | 10/49 | €2,223,867 | €2,976,571 | +€752,703 | +33.8% |
| Equity | 10/15 | €430,553 | €410,755 | -€19,798 | -4.6% |
| Contributions | 10/11 | €17,334 | €17,334 | = | 0.0% |
| Reserves | 13 | €237,834 | €232,372 | -€5,462 | -2.3% |
| Tax-exempt reserves | 132 | €7,561 | €7,561 | = | 0.0% |
| Distributable reserves | 133 | €230,273 | €224,811 | -€5,462 | -2.4% |
| Profit (loss) carried forward | 14 | €175,385 | €161,049 | -€14,336 | -8.2% |
| Amounts payable | 17/49 | €1,793,314 | €2,565,815 | +€772,502 | +43.1% |
| Amounts payable after more than one year | 17 | €1,486,104 | €1,682,908 | +€196,805 | +13.2% |
| Financial debts | 170/4 | €1,486,104 | €1,682,908 | +€196,805 | +13.2% |
| Amounts payable within one year | 42/48 | €292,194 | €864,780 | +€572,586 | +196% |
| Current portion of amounts payable after more than one year | 42 | €75,761 | €102,696 | +€26,936 | +35.6% |
| Financial debts | 43 | €175,000 | €250,000 | +€75,000 | +42.9% |
| Credit institutions | 430/8 | €175,000 | €250,000 | +€75,000 | +42.9% |
| Trade debts | 44 | €7,695 | €26,501 | +€18,806 | +244% |
| Suppliers | 440/4 | €7,695 | €26,501 | +€18,806 | +244% |
| Taxes, remuneration and social security | 45 | €15,878 | €19,295 | +€3,418 | +21.5% |
| Taxes | 450/3 | €15,878 | €19,295 | +€3,418 | +21.5% |
| Other amounts payable | 47/48 | €17,861 | €466,288 | +€448,427 | +2,511% |
| Accrued charges and deferred income | 492/3 | €15,016 | €18,127 | +€3,111 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,968 | €81,355 | +€13,387 | +19.7% |
| Other operating charges | 640/8 | €13,962 | €17,317 | +€3,355 | +24.0% |
| Gross operating margin | 9900 | €164,152 | €169,906 | +€5,754 | +3.5% |
| Operating profit (loss) | 9901 | €82,222 | €71,235 | -€10,987 | -13.4% |
| Financial income | 75/76B | €16,419 | €2,052 | -€14,367 | -87.5% |
| Recurring financial income | 75 | €16,419 | €2,052 | -€14,367 | -87.5% |
| Financial charges | 65/66B | €60,581 | €87,623 | +€27,042 | +44.6% |
| Recurring financial charges | 65 | €60,581 | €87,623 | +€27,042 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €38,060 | -€14,336 | -€52,396 | |
| Income taxes | 67/77 | €10,948 | €0 | -€10,948 | -100% |
| Profit (loss) for the period | 9904 | €27,112 | -€14,336 | -€41,448 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,112 | -€14,336 | -€41,448 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.