FARAYA: 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.
FARAYA
Largest movements
- Receivables within one year +€14,266
up €14,266 (+78.4%), from €18,189 to €32,455
of which Trade receivables: +€14,960
- Tangible fixed assets -€4,746
down €4,746 (-50.4%), from €9,413 to €4,667
- Cash -€2,487
down €2,487 (-64.5%), from €3,853 to €1,367
mainly Receivables within one year (-€14,266) and Trade debts (-€7,543)
- Deferred charges and accrued income -€1,008
down €1,008 (-96.3%), from €1,046 to €38
- Stocks and contracts -€570
down €570 (-3.7%), from €15,270 to €14,700
- Profit (loss) carried forward +€10,417
up €10,417 (+461.4%), from €2,258 to €12,674
- Trade debts -€7,543
down €7,543 (-66.6%), from €11,323 to €3,780
- Short-term financial debts -€7,500
down €7,500 (-100.0%), from €7,500 to €0
- Tax, wage and social debts +€5,209
up €5,209 (+807.7%), from €645 to €5,853
- Other debts +€4,873
up €4,873, from €0 to €4,873
- Gross operating margin +€27,386
up €27,386, from -€8,289 to €19,097
- Financial income -€944
down €944 (-100.0%), from €944 to €0
- Financial charges +€448
up €448 (+20.7%), from €2,165 to €2,613
- Other operating charges +€423
up €423 (+47.0%), from €900 to €1,322
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,772 | €53,228 | +€5,456 | +11.4% |
| Fixed assets | 21/28 | €9,413 | €4,667 | -€4,746 | -50.4% |
| Tangible fixed assets | 22/27 | €9,413 | €4,667 | -€4,746 | -50.4% |
| Plant, machinery and equipment | 23 | €1,866 | €286 | -€1,580 | -84.7% |
| Furniture and vehicles | 24 | €3,647 | €2,431 | -€1,216 | -33.3% |
| Other tangible fixed assets | 26 | €3,900 | €1,950 | -€1,950 | -50.0% |
| Current assets | 29/58 | €38,359 | €48,560 | +€10,202 | +26.6% |
| Stocks and contracts in progress | 3 | €15,270 | €14,700 | -€570 | -3.7% |
| Stocks | 30/36 | €15,270 | €14,700 | -€570 | -3.7% |
| Amounts receivable within one year | 40/41 | €18,189 | €32,455 | +€14,266 | +78.4% |
| Trade receivables | 40 | €0 | €14,960 | +€14,960 | |
| Other amounts receivable | 41 | €18,189 | €17,495 | -€694 | -3.8% |
| Cash at bank and in hand | 54/58 | €3,853 | €1,367 | -€2,487 | -64.5% |
| Deferred charges and accrued income | 490/1 | €1,046 | €38 | -€1,008 | -96.3% |
| Total equity and liabilities | 10/49 | €47,772 | €53,228 | +€5,456 | +11.4% |
| Equity | 10/15 | €28,304 | €38,721 | +€10,417 | +36.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,447 | €7,447 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,447 | €7,447 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,447 | €7,447 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,258 | €12,674 | +€10,417 | +461.4% |
| Amounts payable | 17/49 | €19,468 | €14,507 | -€4,961 | -25.5% |
| Amounts payable within one year | 42/48 | €19,468 | €14,507 | -€4,961 | -25.5% |
| Financial debts | 43 | €7,500 | €0 | -€7,500 | -100.0% |
| Credit institutions | 430/8 | €7,500 | €0 | -€7,500 | -100.0% |
| Trade debts | 44 | €11,323 | €3,780 | -€7,543 | -66.6% |
| Suppliers | 440/4 | €11,323 | €3,780 | -€7,543 | -66.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €645 | €5,853 | +€5,209 | +807.7% |
| Taxes | 450/3 | €645 | €5,853 | +€5,209 | +807.7% |
| Other amounts payable | 47/48 | €0 | €4,873 | +€4,873 | |
| Non-recurring operating income | 76A | - | €2,080 | +€2,080 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,746 | €4,746 | = | 0.0% |
| Other operating charges | 640/8 | €900 | €1,322 | +€423 | +47.0% |
| Gross operating margin | 9900 | -€8,289 | €19,097 | +€27,386 | |
| Operating profit (loss) | 9901 | -€13,934 | €13,029 | +€26,963 | |
| Financial income | 75/76B | €944 | €0 | -€944 | -100.0% |
| Recurring financial income | 75 | €944 | €0 | -€944 | -100.0% |
| Financial charges | 65/66B | €2,165 | €2,613 | +€448 | +20.7% |
| Recurring financial charges | 65 | €2,165 | €2,613 | +€448 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,155 | €10,417 | +€25,572 | |
| Income taxes | 67/77 | €101 | €0 | -€101 | -100.0% |
| Profit (loss) for the period | 9904 | -€15,256 | €10,417 | +€25,673 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,256 | €10,417 | +€25,673 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.