FARANO: 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.
FARANO
Largest movements
- Cash -€13,923
down €13,923 (-63.7%), from €21,868 to €7,944
mainly Net result for the year (-€43,870) and Receivables within one year (-€6,330)
- Receivables within one year +€6,330
up €6,330 (+236.4%), from €2,678 to €9,008
of which Trade receivables: +€4,432
- Tangible fixed assets -€4,240
down €4,240 (-36.6%), from €11,600 to €7,360
of which Furniture and vehicles: -€2,240
- Stocks and contracts -€1,009
no longer reported in 2025 (was €1,009)
- Profit (loss) carried forward -€43,870
down €43,870, from €15,175 to -€28,695
- Tax, wage and social debts +€15,431
up €15,431 (+203.1%), from €7,598 to €23,029
of which Remuneration and social security: +€22,236
- Trade debts +€9,012
up €9,012 (+81.6%), from €11,041 to €20,053
- Other debts +€7,123
up €7,123 (+611.8%), from €1,164 to €8,287
- Contributions -€2,000
no longer reported in 2025 (was €2,000)
- Staff costs +€26,695
up €26,695 (+641.1%), from €4,164 to €30,859
- Gross operating margin -€10,681
down €10,681, from €2,982 to -€7,699
- Depreciation -€560
down €560 (-11.7%), from €4,800 to €4,240
- Other operating charges -€407
down €407 (-40.8%), from €998 to €590
- Financial charges +€382
up €382 (+388.6%), from €98 to €481
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 | €37,517 | €24,675 | -€12,842 | -34.2% |
| Fixed assets | 21/28 | €11,963 | €7,723 | -€4,240 | -35.4% |
| Tangible fixed assets | 22/27 | €11,600 | €7,360 | -€4,240 | -36.6% |
| Furniture and vehicles | 24 | €5,600 | €3,360 | -€2,240 | -40.0% |
| Other tangible fixed assets | 26 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €25,554 | €16,952 | -€8,602 | -33.7% |
| Stocks and contracts in progress | 3 | €1,009 | - | -€1,009 | |
| Stocks | 30/36 | €1,009 | - | -€1,009 | |
| Amounts receivable within one year | 40/41 | €2,678 | €9,008 | +€6,330 | +236.4% |
| Trade receivables | 40 | - | €4,432 | +€4,432 | |
| Other amounts receivable | 41 | €2,678 | €4,576 | +€1,898 | +70.9% |
| Cash at bank and in hand | 54/58 | €21,868 | €7,944 | -€13,923 | -63.7% |
| Total equity and liabilities | 10/49 | €37,517 | €24,675 | -€12,842 | -34.2% |
| Equity | 10/15 | €17,175 | -€26,695 | -€43,870 | |
| Contributions | 10/11 | €2,000 | - | -€2,000 | |
| Reserves | 13 | - | €2,000 | +€2,000 | |
| Non-distributable reserves | 130/1 | - | €2,000 | +€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €15,175 | -€28,695 | -€43,870 | |
| Provisions and deferred taxes | 16 | €538 | - | -€538 | |
| Provisions for liabilities and charges | 160/5 | €538 | - | -€538 | |
| Environmental obligations | 163 | €538 | - | -€538 | |
| Amounts payable | 17/49 | €19,803 | €51,369 | +€31,566 | +159.4% |
| Amounts payable within one year | 42/48 | €19,803 | €51,369 | +€31,566 | +159.4% |
| Trade debts | 44 | €11,041 | €20,053 | +€9,012 | +81.6% |
| Suppliers | 440/4 | €11,041 | €20,053 | +€9,012 | +81.6% |
| Taxes, remuneration and social security | 45 | €7,598 | €23,029 | +€15,431 | +203.1% |
| Taxes | 450/3 | €7,598 | €793 | -€6,806 | -89.6% |
| Remuneration and social security | 454/9 | - | €22,236 | +€22,236 | |
| Other amounts payable | 47/48 | €1,164 | €8,287 | +€7,123 | +611.8% |
| Remuneration, social security and pensions | 62 | €4,164 | €30,859 | +€26,695 | +641.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,800 | €4,240 | -€560 | -11.7% |
| Other operating charges | 640/8 | €998 | €590 | -€407 | -40.8% |
| Gross operating margin | 9900 | €2,982 | -€7,699 | -€10,681 | |
| Operating profit (loss) | 9901 | -€6,980 | -€43,389 | -€36,409 | -521.6% |
| Financial income | 75/76B | €96 | - | -€96 | |
| Recurring financial income | 75 | €96 | - | -€96 | |
| Financial charges | 65/66B | €98 | €481 | +€382 | +388.6% |
| Recurring financial charges | 65 | €98 | €481 | +€382 | +388.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,983 | -€43,870 | -€36,887 | -528.3% |
| Profit (loss) for the period | 9904 | -€6,983 | -€43,870 | -€36,887 | -528.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,983 | -€43,870 | -€36,887 | -528.3% |
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 7 October 2026 via checked.be.