FARAG GROEP: 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.
FARAG GROEP
Largest movements
- Receivables within one year -€14,308
no longer reported in 2025 (was €14,308)
- Cash -€9,006
down €9,006 (-44.8%), from €20,097 to €11,091
mainly Net result for the year (-€45,913) and Other debts (-€9,672)
- Tangible fixed assets -€7,221
down €7,221 (-14.1%), from €51,141 to €43,919
- Profit (loss) carried forward -€45,913
down €45,913, from €11,835 to -€34,078
- Tax, wage and social debts +€30,532
up €30,532 (+299.9%), from €10,180 to €40,712
of which Remuneration and social security: +€29,270
- Other debts -€9,672
down €9,672 (-26.1%), from €37,048 to €27,375
- Trade debts -€5,482
down €5,482 (-84.6%), from €6,483 to €1,001
- Turnover -€151,677
no longer reported in 2025 (was €151,677)
- Purchases and services -€121,298
no longer reported in 2025 (was €121,298)
- Staff costs +€38,909
new in 2025: €38,909
- Gross operating margin -€13,243
down €13,243 (-43.3%), from €30,562 to €17,318
- Other operating charges +€8,246
up €8,246 (+163.6%), from €5,039 to €13,286
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 | €85,545 | €55,010 | -€30,535 | -35.7% |
| Fixed assets | 21/28 | €51,141 | €43,919 | -€7,221 | -14.1% |
| Tangible fixed assets | 22/27 | €51,141 | €43,919 | -€7,221 | -14.1% |
| Furniture and vehicles | 24 | €51,141 | €43,919 | -€7,221 | -14.1% |
| Current assets | 29/58 | €34,405 | €11,091 | -€23,314 | -67.8% |
| Amounts receivable within one year | 40/41 | €14,308 | - | -€14,308 | |
| Trade receivables | 40 | €14,308 | - | -€14,308 | |
| Cash at bank and in hand | 54/58 | €20,097 | €11,091 | -€9,006 | -44.8% |
| Total equity and liabilities | 10/49 | €85,545 | €55,010 | -€30,535 | -35.7% |
| Equity | 10/15 | €31,835 | -€14,078 | -€45,913 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,835 | -€34,078 | -€45,913 | |
| Amounts payable | 17/49 | €53,710 | €69,088 | +€15,378 | +28.6% |
| Amounts payable within one year | 42/48 | €53,710 | €69,088 | +€15,378 | +28.6% |
| Trade debts | 44 | €6,483 | €1,001 | -€5,482 | -84.6% |
| Suppliers | 440/4 | €6,483 | €1,001 | -€5,482 | -84.6% |
| Taxes, remuneration and social security | 45 | €10,180 | €40,712 | +€30,532 | +299.9% |
| Taxes | 450/3 | €4,680 | €5,942 | +€1,262 | +27.0% |
| Remuneration and social security | 454/9 | €5,500 | €34,770 | +€29,270 | +532.2% |
| Other amounts payable | 47/48 | €37,048 | €27,375 | -€9,672 | -26.1% |
| Turnover | 70 | €151,677 | - | -€151,677 | |
| Goods, raw materials, services and sundry goods | 60/61 | €121,298 | - | -€121,298 | |
| Remuneration, social security and pensions | 62 | - | €38,909 | +€38,909 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,876 | €10,926 | +€6,051 | +124.1% |
| Other operating charges | 640/8 | €5,039 | €13,286 | +€8,246 | +163.6% |
| Non-recurring operating charges | 66A | €5,372 | - | -€5,372 | |
| Gross operating margin | 9900 | €30,562 | €17,318 | -€13,243 | -43.3% |
| Operating profit (loss) | 9901 | €15,275 | -€45,802 | -€61,078 | |
| Financial income | 75/76B | - | €105 | +€105 | |
| Recurring financial income | 75 | - | €105 | +€105 | |
| Financial charges | 65/66B | €202 | €216 | +€13 | +6.6% |
| Recurring financial charges | 65 | €202 | €216 | +€13 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €15,073 | -€45,913 | -€60,986 | |
| Income taxes | 67/77 | €3,238 | - | -€3,238 | |
| Profit (loss) for the period | 9904 | €11,835 | -€45,913 | -€57,749 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,835 | -€45,913 | -€57,749 |
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 2 October 2026 via checked.be.