FARCAS TRANS: 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.
FARCAS TRANS
Largest movements
- Tangible fixed assets +€59,753
up €59,753 (+175.4%), from €34,063 to €93,816
- Receivables within one year -€30,828
down €30,828 (-31.8%), from €96,911 to €66,083
of which Trade receivables: -€32,225
- Cash +€23,548
up €23,548 (+8209.2%), from €287 to €23,835
mainly Tax, wage and social debts (+€54,432) and Depreciation (+€38,708)
- Stocks and contracts -€4,400
no longer reported in 2025 (was €4,400)
- Deferred charges and accrued income -€1,868
down €1,868 (-90.9%), from €2,055 to €188
- Tax, wage and social debts +€54,432
up €54,432 (+123.2%), from €44,176 to €98,608
of which Remuneration and social security: +€32,222
- Profit (loss) carried forward -€50,742
down €50,742, from €34,498 to -€16,245
- Trade debts +€20,294
up €20,294 (+70.6%), from €28,756 to €49,051
- Current portion of long-term debt +€12,628
up €12,628 (+252.2%), from €5,008 to €17,636
- Debts after one year +€11,857
up €11,857 (+64.4%), from €18,421 to €30,278
- Staff costs +€141,605
up €141,605 (+113.8%), from €124,390 to €265,995
- Gross operating margin +€105,781
up €105,781 (+60.7%), from €174,294 to €280,075
- Depreciation +€30,870
up €30,870 (+393.9%), from €7,837 to €38,708
- Other operating charges +€12,040
up €12,040 (+901.0%), from €1,336 to €13,377
- Financial charges +€8,592
up €8,592 (+624.4%), from €1,376 to €9,968
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 | €137,975 | €184,181 | +€46,206 | +33.5% |
| Fixed assets | 21/28 | €34,322 | €94,075 | +€59,753 | +174.1% |
| Tangible fixed assets | 22/27 | €34,063 | €93,816 | +€59,753 | +175.4% |
| Furniture and vehicles | 24 | €34,063 | €93,816 | +€59,753 | +175.4% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €103,653 | €90,105 | -€13,548 | -13.1% |
| Stocks and contracts in progress | 3 | €4,400 | - | -€4,400 | |
| Stocks | 30/36 | €4,400 | - | -€4,400 | |
| Amounts receivable within one year | 40/41 | €96,911 | €66,083 | -€30,828 | -31.8% |
| Trade receivables | 40 | €96,747 | €64,522 | -€32,225 | -33.3% |
| Other amounts receivable | 41 | €164 | €1,561 | +€1,397 | +852.0% |
| Cash at bank and in hand | 54/58 | €287 | €23,835 | +€23,548 | +8209.2% |
| Deferred charges and accrued income | 490/1 | €2,055 | €188 | -€1,868 | -90.9% |
| Total equity and liabilities | 10/49 | €137,975 | €184,181 | +€46,206 | +33.5% |
| Equity | 10/15 | €35,498 | -€15,245 | -€50,742 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,498 | -€16,245 | -€50,742 | |
| Amounts payable | 17/49 | €102,477 | €199,425 | +€96,948 | +94.6% |
| Amounts payable after more than one year | 17 | €18,421 | €30,278 | +€11,857 | +64.4% |
| Financial debts | 170/4 | €18,421 | €30,278 | +€11,857 | +64.4% |
| Amounts payable within one year | 42/48 | €84,056 | €169,147 | +€85,091 | +101.2% |
| Current portion of amounts payable after more than one year | 42 | €5,008 | €17,636 | +€12,628 | +252.2% |
| Financial debts | 43 | €22 | - | -€22 | |
| Credit institutions | 430/8 | €22 | - | -€22 | |
| Trade debts | 44 | €28,756 | €49,051 | +€20,294 | +70.6% |
| Suppliers | 440/4 | €28,756 | €49,051 | +€20,294 | +70.6% |
| Taxes, remuneration and social security | 45 | €44,176 | €98,608 | +€54,432 | +123.2% |
| Taxes | 450/3 | €17,685 | €39,896 | +€22,211 | +125.6% |
| Remuneration and social security | 454/9 | €26,491 | €58,712 | +€32,222 | +121.6% |
| Other amounts payable | 47/48 | €6,094 | €3,852 | -€2,242 | -36.8% |
| Remuneration, social security and pensions | 62 | €124,390 | €265,995 | +€141,605 | +113.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,837 | €38,708 | +€30,870 | +393.9% |
| Other operating charges | 640/8 | €1,336 | €13,377 | +€12,040 | +901.0% |
| Non-recurring operating charges | 66A | €5,939 | €2,452 | -€3,487 | -58.7% |
| Gross operating margin | 9900 | €174,294 | €280,075 | +€105,781 | +60.7% |
| Operating profit (loss) | 9901 | €34,791 | -€40,457 | -€75,248 | |
| Financial charges | 65/66B | €1,376 | €9,968 | +€8,592 | +624.4% |
| Recurring financial charges | 65 | €1,376 | €9,968 | +€8,592 | +624.4% |
| Profit (loss) for the period before taxes | 9903 | €33,415 | -€50,425 | -€83,840 | |
| Income taxes | 67/77 | €7,317 | €317 | -€7,000 | -95.7% |
| Profit (loss) for the period | 9904 | €26,097 | -€50,742 | -€76,840 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,097 | -€50,742 | -€76,840 |
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 5 October 2026 via checked.be.