Farah: 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.
Farah
Largest movements
- Receivables within one year -€3,050
down €3,050 (-44.5%), from €6,848 to €3,797
of which Trade receivables: -€3,080
- Tangible fixed assets -€2,265
down €2,265 (-80.0%), from €2,831 to €566
- Deferred charges and accrued income +€486
new in 2025: €486
- Other debts -€3,024
down €3,024 (-84.6%), from €3,573 to €548
- Tax, wage and social debts -€701
down €701 (-27.0%), from €2,602 to €1,900
of which Remuneration and social security: -€363
- Trade debts -€614
down €614 (-36.7%), from €1,672 to €1,058
- Staff costs -€6,196
down €6,196 (-41.5%), from €14,914 to €8,718
- Gross operating margin -€4,824
down €4,824 (-28.8%), from €16,730 to €11,906
- Other operating charges -€359
down €359 (-42.9%), from €837 to €478
- Financial charges -€243
down €243 (-39.8%), from €610 to €367
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 | €41,282 | €37,048 | -€4,234 | -10.3% |
| Fixed assets | 21/28 | €3,271 | €1,006 | -€2,265 | -69.2% |
| Tangible fixed assets | 22/27 | €2,831 | €566 | -€2,265 | -80.0% |
| Other tangible fixed assets | 26 | €2,831 | €566 | -€2,265 | -80.0% |
| Financial fixed assets | 28 | €440 | €440 | = | 0.0% |
| Current assets | 29/58 | €38,011 | €36,041 | -€1,970 | -5.2% |
| Stocks and contracts in progress | 3 | €3,734 | €3,955 | +€221 | +5.9% |
| Stocks | 30/36 | €3,734 | €3,955 | +€221 | +5.9% |
| Amounts receivable within one year | 40/41 | €6,848 | €3,797 | -€3,050 | -44.5% |
| Trade receivables | 40 | €3,726 | €646 | -€3,080 | -82.7% |
| Other amounts receivable | 41 | €3,122 | €3,152 | +€30 | +1.0% |
| Cash at bank and in hand | 54/58 | €27,429 | €27,802 | +€373 | +1.4% |
| Deferred charges and accrued income | 490/1 | - | €486 | +€486 | |
| Total equity and liabilities | 10/49 | €41,282 | €37,048 | -€4,234 | -10.3% |
| Equity | 10/15 | €33,436 | €33,541 | +€105 | +0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,176 | €19,281 | +€105 | +0.5% |
| Amounts payable | 17/49 | €7,846 | €3,506 | -€4,340 | -55.3% |
| Amounts payable within one year | 42/48 | €7,846 | €3,506 | -€4,340 | -55.3% |
| Trade debts | 44 | €1,672 | €1,058 | -€614 | -36.7% |
| Suppliers | 440/4 | €1,672 | €1,058 | -€614 | -36.7% |
| Taxes, remuneration and social security | 45 | €2,602 | €1,900 | -€701 | -27.0% |
| Taxes | 450/3 | €1,661 | €1,322 | -€339 | -20.4% |
| Remuneration and social security | 454/9 | €941 | €578 | -€363 | -38.6% |
| Other amounts payable | 47/48 | €3,573 | €548 | -€3,024 | -84.6% |
| Remuneration, social security and pensions | 62 | €14,914 | €8,718 | -€6,196 | -41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,265 | €2,265 | = | 0.0% |
| Other operating charges | 640/8 | €837 | €478 | -€359 | -42.9% |
| Gross operating margin | 9900 | €16,730 | €11,906 | -€4,824 | -28.8% |
| Operating profit (loss) | 9901 | -€1,286 | €445 | +€1,731 | |
| Financial income | 75/76B | €183 | €28 | -€156 | -84.9% |
| Recurring financial income | 75 | €183 | €28 | -€156 | -84.9% |
| Financial charges | 65/66B | €610 | €367 | -€243 | -39.8% |
| Recurring financial charges | 65 | €610 | €367 | -€243 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,713 | €105 | +€1,818 | |
| Profit (loss) for the period | 9904 | -€1,713 | €105 | +€1,818 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,713 | €105 | +€1,818 |
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 8 October 2026 via checked.be.