Faray Trans: 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.
Faray Trans
Largest movements
- Receivables within one year +€197,625
up €197,625 (+211%), from €93,711 to €291,336
of which Trade receivables: +€289,538
- Tangible fixed assets +€70,588
up €70,588 (+173%), from €40,772 to €111,360
of which Leasing and similar rights: +€71,974
- Debts within one year +€203,006
up €203,006 (+208%), from €97,583 to €300,590
- Debts after one year +€40,735
up €40,735 (+205%), from €19,870 to €60,605
- Equity +€24,880
up €24,880 (+112%), from €22,257 to €47,137
of which Profit (loss) carried forward: +€24,880
- Staff costs +€146,631
new in 2021: €146,631
- Gross operating margin +€42,328
up €42,328 (+24.7%), from €171,180 to €213,508
- Depreciation +€12,147
up €12,147 (+126%), from €9,628 to €21,775
- Other operating charges +€5,337
new in 2021: €5,337
- Financial charges +€5,213
new in 2021: €5,213
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,711 | €408,332 | +€268,621 | +192% |
| Fixed assets | 21/28 | €40,772 | €112,260 | +€71,488 | +175% |
| Tangible fixed assets | 22/27 | €40,772 | €111,360 | +€70,588 | +173% |
| Furniture and vehicles | 24 | - | €39,387 | +€39,387 | |
| Leasing and similar rights | 25 | - | €71,974 | +€71,974 | |
| Financial fixed assets | 28 | - | €900 | +€900 | |
| Current assets | 29/58 | €98,939 | €296,072 | +€197,133 | +199% |
| Amounts receivable within one year | 40/41 | €93,711 | €291,336 | +€197,625 | +211% |
| Trade receivables | 40 | - | €289,538 | +€289,538 | |
| Other amounts receivable | 41 | - | €1,798 | +€1,798 | |
| Cash at bank and in hand | 54/58 | €5,228 | €4,736 | -€492 | -9.4% |
| Total equity and liabilities | 10/49 | €139,711 | €408,332 | +€268,621 | +192% |
| Equity | 10/15 | €22,257 | €47,137 | +€24,880 | +112% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | €16,057 | €40,937 | +€24,880 | +155% |
| Amounts payable | 17/49 | €117,454 | €361,195 | +€243,741 | +208% |
| Amounts payable after more than one year | 17 | €19,870 | €60,605 | +€40,735 | +205% |
| Financial debts | 170/4 | - | €60,605 | +€60,605 | |
| Amounts payable within one year | 42/48 | €97,583 | €300,590 | +€203,006 | +208% |
| Current portion of amounts payable after more than one year | 42 | - | €25,126 | +€25,126 | |
| Financial debts | 43 | - | €8,785 | +€8,785 | |
| Credit institutions | 430/8 | - | €8,785 | +€8,785 | |
| Trade debts | 44 | €50,107 | €147,299 | +€97,192 | +194% |
| Suppliers | 440/4 | - | €147,299 | +€147,299 | |
| Advances received on contracts in progress | 46 | - | €66,799 | +€66,799 | |
| Taxes, remuneration and social security | 45 | - | €52,580 | +€52,580 | |
| Taxes | 450/3 | - | €41,366 | +€41,366 | |
| Remuneration and social security | 454/9 | - | €11,214 | +€11,214 | |
| Remuneration, social security and pensions | 62 | - | €146,631 | +€146,631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,628 | €21,775 | +€12,147 | +126% |
| Other operating charges | 640/8 | - | €5,337 | +€5,337 | |
| Gross operating margin | 9900 | €171,180 | €213,508 | +€42,328 | +24.7% |
| Operating profit (loss) | 9901 | €23,884 | €39,765 | +€15,881 | +66.5% |
| Recurring financial income | 75 | €735 | - | -€735 | |
| Financial charges | 65/66B | - | €5,213 | +€5,213 | |
| Recurring financial charges | 65 | €1,969 | €5,213 | +€3,244 | +165% |
| Profit (loss) for the period before taxes | 9903 | €22,650 | €34,552 | +€11,901 | +52.5% |
| Income taxes | 67/77 | €6,593 | €9,671 | +€3,078 | +46.7% |
| Profit (loss) for the period | 9904 | €16,057 | €24,880 | +€8,823 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,057 | €24,880 | +€8,823 | +54.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2020 and 30 September 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.