Farao Brasschaat: 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.
Farao Brasschaat
Largest movements
- Tangible fixed assets +€36,964
up €36,964 (+204%), from €18,077 to €55,041
of which Furniture and vehicles: +€33,596
- Receivables within one year -€20,700
down €20,700 (-22.1%), from €93,804 to €73,105
of which Trade receivables: -€25,717
- Cash +€6,363
up €6,363 (+64.2%), from €9,908 to €16,271
mainly Net result for the year (+€48,651) and Receivables within one year (+€20,700)
- Debts after one year +€20,000
up €20,000, from €0 to €20,000
- Trade debts -€18,997
down €18,997 (-75.0%), from €25,333 to €6,336
- Tax, wage and social debts +€16,568
up €16,568 (+49.5%), from €33,488 to €50,055
of which Remuneration and social security: +€24,468
- Current portion of long-term debt +€4,589
up €4,589 (+1,115%), from €411 to €5,000
- Gross operating margin +€27,377
up €27,377 (+15.5%), from €176,368 to €203,746
- Staff costs +€16,729
up €16,729 (+16.1%), from €104,219 to €120,948
- Depreciation +€4,828
up €4,828 (+131%), from €3,690 to €8,519
- Financial income -€4,554
down €4,554 (-100.0%), from €4,554 to €0
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 | €127,875 | €150,502 | +€22,627 | +17.7% |
| Fixed assets | 21/28 | €23,259 | €60,223 | +€36,964 | +159% |
| Tangible fixed assets | 22/27 | €18,077 | €55,041 | +€36,964 | +204% |
| Land and buildings | 22 | €2,018 | €1,740 | -€278 | -13.8% |
| Plant, machinery and equipment | 23 | €5,536 | €10,906 | +€5,370 | +97.0% |
| Furniture and vehicles | 24 | €0 | €33,596 | +€33,596 | |
| Other tangible fixed assets | 26 | €10,522 | €8,798 | -€1,724 | -16.4% |
| Financial fixed assets | 28 | €5,182 | €5,182 | = | 0.0% |
| Current assets | 29/58 | €104,616 | €90,279 | -€14,337 | -13.7% |
| Amounts receivable within one year | 40/41 | €93,804 | €73,105 | -€20,700 | -22.1% |
| Trade receivables | 40 | €25,717 | - | -€25,717 | |
| Other amounts receivable | 41 | €68,087 | €73,105 | +€5,018 | +7.4% |
| Cash at bank and in hand | 54/58 | €9,908 | €16,271 | +€6,363 | +64.2% |
| Deferred charges and accrued income | 490/1 | €903 | €903 | = | 0.0% |
| Total equity and liabilities | 10/49 | €127,875 | €150,502 | +€22,627 | +17.7% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €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 | €0 | - | = | |
| Amounts payable | 17/49 | €107,415 | €130,042 | +€22,627 | +21.1% |
| Amounts payable after more than one year | 17 | €0 | €20,000 | +€20,000 | |
| Financial debts | 170/4 | €0 | €20,000 | +€20,000 | |
| Amounts payable within one year | 42/48 | €107,415 | €110,042 | +€2,627 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €411 | €5,000 | +€4,589 | +1,115% |
| Trade debts | 44 | €25,333 | €6,336 | -€18,997 | -75.0% |
| Suppliers | 440/4 | €25,333 | €6,336 | -€18,997 | -75.0% |
| Taxes, remuneration and social security | 45 | €33,488 | €50,055 | +€16,568 | +49.5% |
| Taxes | 450/3 | €26,718 | €18,817 | -€7,900 | -29.6% |
| Remuneration and social security | 454/9 | €6,770 | €31,238 | +€24,468 | +361% |
| Other amounts payable | 47/48 | €48,183 | €48,651 | +€468 | +1.0% |
| Remuneration, social security and pensions | 62 | €104,219 | €120,948 | +€16,729 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,690 | €8,519 | +€4,828 | +131% |
| Other operating charges | 640/8 | €3,834 | €2,843 | -€991 | -25.9% |
| Gross operating margin | 9900 | €176,368 | €203,746 | +€27,377 | +15.5% |
| Operating profit (loss) | 9901 | €64,625 | €71,436 | +€6,811 | +10.5% |
| Financial income | 75/76B | €4,554 | €0 | -€4,554 | -100.0% |
| Recurring financial income | 75 | €4,554 | €0 | -€4,554 | -100.0% |
| Financial charges | 65/66B | €6,780 | €6,886 | +€105 | +1.6% |
| Recurring financial charges | 65 | €6,780 | €6,886 | +€105 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €62,399 | €64,551 | +€2,152 | +3.4% |
| Income taxes | 67/77 | €14,216 | €15,900 | +€1,684 | +11.8% |
| Profit (loss) for the period | 9904 | €48,183 | €48,651 | +€468 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,183 | €48,651 | +€468 | +1.0% |
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 31 October 2026 via checked.be.