FARAH & Co: 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.
FARAH & Co
Largest movements
- Receivables within one year +€36,349
up €36,349 (+98.3%), from €36,980 to €73,328
of which Trade receivables: +€39,886
- Stocks and contracts +€19,943
up €19,943 (+394%), from €5,057 to €25,000
- Tangible fixed assets -€5,999
down €5,999 (-11.9%), from €50,370 to €44,371
of which Furniture and vehicles: -€3,390
- Cash +€2,248
up €2,248 (+31.6%), from €7,114 to €9,362
mainly Trade debts (+€58,248) and Other debts (+€45,483)
- Trade debts +€58,248
up €58,248 (+408%), from €14,273 to €72,521
- Debts after one year -€46,632
down €46,632 (-95.1%), from €49,014 to €2,382
- Other debts +€45,483
new in 2025: €45,483
- Accrued charges and deferred income +€14,795
new in 2025: €14,795
- Profit (loss) carried forward -€12,986
down €12,986 (-158%), from -€8,203 to -€21,189
- Depreciation +€22,719
new in 2025: €22,719
- Financial income -€21,760
down €21,760 (-99.8%), from €21,811 to €51
of which Non-recurring financial income: -€21,734
- Gross operating margin +€6,701
up €6,701 (+2.8%), from €237,054 to €243,754
- Other operating charges +€5,583
up €5,583 (+162%), from €3,441 to €9,024
- Staff costs -€4,338
down €4,338 (-2.0%), from €220,562 to €216,224
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 | €124,521 | €177,061 | +€52,540 | +42.2% |
| Fixed assets | 21/28 | €75,370 | €69,371 | -€5,999 | -8.0% |
| Tangible fixed assets | 22/27 | €50,370 | €44,371 | -€5,999 | -11.9% |
| Land and buildings | 22 | €13,206 | €9,942 | -€3,264 | -24.7% |
| Plant, machinery and equipment | 23 | €17,326 | €16,546 | -€779 | -4.5% |
| Furniture and vehicles | 24 | €19,838 | €16,448 | -€3,390 | -17.1% |
| Other tangible fixed assets | 26 | - | €1,434 | +€1,434 | |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €49,151 | €107,690 | +€58,539 | +119% |
| Stocks and contracts in progress | 3 | €5,057 | €25,000 | +€19,943 | +394% |
| Stocks | 30/36 | €5,057 | €25,000 | +€19,943 | +394% |
| Amounts receivable within one year | 40/41 | €36,980 | €73,328 | +€36,349 | +98.3% |
| Trade receivables | 40 | €32,442 | €72,328 | +€39,886 | +123% |
| Other amounts receivable | 41 | €4,538 | €1,000 | -€3,538 | -78.0% |
| Cash at bank and in hand | 54/58 | €7,114 | €9,362 | +€2,248 | +31.6% |
| Total equity and liabilities | 10/49 | €124,521 | €177,061 | +€52,540 | +42.2% |
| Equity | 10/15 | €12,257 | -€729 | -€12,986 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,203 | -€21,189 | -€12,986 | -158% |
| Amounts payable | 17/49 | €112,264 | €177,790 | +€65,526 | +58.4% |
| Amounts payable after more than one year | 17 | €49,014 | €2,382 | -€46,632 | -95.1% |
| Financial debts | 170/4 | €49,014 | €2,382 | -€46,632 | -95.1% |
| Amounts payable within one year | 42/48 | €63,250 | €160,613 | +€97,363 | +154% |
| Current portion of amounts payable after more than one year | 42 | €2,674 | €1,402 | -€1,272 | -47.6% |
| Financial debts | 43 | - | €7,203 | +€7,203 | |
| Credit institutions | 430/8 | - | €276 | +€276 | |
| Other loans | 439 | - | €6,927 | +€6,927 | |
| Trade debts | 44 | €14,273 | €72,521 | +€58,248 | +408% |
| Suppliers | 440/4 | €14,273 | €72,521 | +€58,248 | +408% |
| Taxes, remuneration and social security | 45 | €46,303 | €34,005 | -€12,298 | -26.6% |
| Taxes | 450/3 | €15,016 | €15,079 | +€63 | +0.4% |
| Remuneration and social security | 454/9 | €31,288 | €18,926 | -€12,361 | -39.5% |
| Other amounts payable | 47/48 | - | €45,483 | +€45,483 | |
| Accrued charges and deferred income | 492/3 | - | €14,795 | +€14,795 | |
| Non-recurring operating income | 76A | €28,639 | €9,384 | -€19,255 | -67.2% |
| Remuneration, social security and pensions | 62 | €220,562 | €216,224 | -€4,338 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €22,719 | +€22,719 | |
| Other operating charges | 640/8 | €3,441 | €9,024 | +€5,583 | +162% |
| Non-recurring operating charges | 66A | - | €2,906 | +€2,906 | |
| Gross operating margin | 9900 | €237,054 | €243,754 | +€6,701 | +2.8% |
| Operating profit (loss) | 9901 | €13,051 | -€7,119 | -€20,170 | |
| Financial income | 75/76B | €21,811 | €51 | -€21,760 | -99.8% |
| Recurring financial income | 75 | €77 | €51 | -€25 | -33.1% |
| Non-recurring financial income | 76B | €21,734 | - | -€21,734 | |
| Financial charges | 65/66B | €2,049 | €5,426 | +€3,376 | +165% |
| Recurring financial charges | 65 | €2,049 | €5,426 | +€3,376 | +165% |
| Profit (loss) for the period before taxes | 9903 | €32,813 | -€12,493 | -€45,306 | |
| Income taxes | 67/77 | - | €493 | +€493 | |
| Profit (loss) for the period | 9904 | €32,813 | -€12,986 | -€45,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,813 | -€12,986 | -€45,799 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.