FAREAU: 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.
FAREAU
Largest movements
- Cash +€59,760
up €59,760 (+165.0%), from €36,207 to €95,967
mainly Net result for the year (+€42,553) and Receivables within one year (+€41,129)
- Receivables within one year -€41,129
down €41,129 (-27.0%), from €152,173 to €111,044
of which Other amounts receivable: -€56,600
- Tangible fixed assets -€13,638
down €13,638 (-13.3%), from €102,393 to €88,756
of which Other tangible fixed assets: -€28,126
- Deferred charges and accrued income +€8,138
up €8,138 (+173.4%), from €4,694 to €12,832
- Other debts +€9,922
up €9,922 (+866.4%), from €1,145 to €11,067
- Trade debts -€7,880
down €7,880 (-56.5%), from €13,939 to €6,058
- Reserves +€7,127
up €7,127 (+3.0%), from €241,180 to €248,307
- Tax, wage and social debts +€5,232
up €5,232 (+39.7%), from €13,186 to €18,418
of which Taxes: +€7,652
- Financial income -€98,273
down €98,273 (-79.4%), from €123,813 to €25,540
- Gross operating margin +€47,106
up €47,106 (+867.0%), from €5,433 to €52,539
- Other operating charges -€7,400
down €7,400 (-52.5%), from €14,097 to €6,697
- Financial charges +€5,331
up €5,331 (+751.7%), from €709 to €6,041
- Write-downs +€4,175
up €4,175, from -€4,175 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.
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 | €324,626 | €337,677 | +€13,051 | +4.0% |
| Fixed assets | 21/28 | €109,301 | €95,664 | -€13,638 | -12.5% |
| Tangible fixed assets | 22/27 | €102,393 | €88,756 | -€13,638 | -13.3% |
| Plant, machinery and equipment | 23 | €4,508 | €2,892 | -€1,616 | -35.8% |
| Furniture and vehicles | 24 | €3,273 | €19,378 | +€16,105 | +492.0% |
| Other tangible fixed assets | 26 | €94,612 | €66,485 | -€28,126 | -29.7% |
| Financial fixed assets | 28 | €6,908 | €6,908 | = | 0.0% |
| Current assets | 29/58 | €215,324 | €242,013 | +€26,689 | +12.4% |
| Amounts receivable after more than one year | 29 | €21,100 | €21,500 | +€400 | +1.9% |
| Other amounts receivable | 291 | €21,100 | €21,500 | +€400 | +1.9% |
| Stocks and contracts in progress | 3 | €1,150 | €670 | -€480 | -41.7% |
| Stocks | 30/36 | €1,150 | €670 | -€480 | -41.7% |
| Amounts receivable within one year | 40/41 | €152,173 | €111,044 | -€41,129 | -27.0% |
| Trade receivables | 40 | €16,186 | €31,657 | +€15,471 | +95.6% |
| Other amounts receivable | 41 | €135,988 | €79,387 | -€56,600 | -41.6% |
| Cash at bank and in hand | 54/58 | €36,207 | €95,967 | +€59,760 | +165.0% |
| Deferred charges and accrued income | 490/1 | €4,694 | €12,832 | +€8,138 | +173.4% |
| Total equity and liabilities | 10/49 | €324,626 | €337,677 | +€13,051 | +4.0% |
| Equity | 10/15 | €287,043 | €294,170 | +€7,127 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241,180 | €248,307 | +€7,127 | +3.0% |
| Distributable reserves | 133 | €241,180 | €248,307 | +€7,127 | +3.0% |
| Profit (loss) carried forward | 14 | €27,263 | €27,263 | = | 0.0% |
| Amounts payable | 17/49 | €37,583 | €43,507 | +€5,924 | +15.8% |
| Amounts payable after more than one year | 17 | €3,135 | €0 | -€3,135 | -100.0% |
| Financial debts | 170/4 | €3,135 | €0 | -€3,135 | -100.0% |
| Amounts payable within one year | 42/48 | €34,448 | €41,178 | +€6,731 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €6,178 | €3,135 | -€3,043 | -49.3% |
| Trade debts | 44 | €13,939 | €6,058 | -€7,880 | -56.5% |
| Suppliers | 440/4 | €13,939 | €6,058 | -€7,880 | -56.5% |
| Advances received on contracts in progress | 46 | €0 | €2,500 | +€2,500 | |
| Taxes, remuneration and social security | 45 | €13,186 | €18,418 | +€5,232 | +39.7% |
| Taxes | 450/3 | €7,294 | €14,945 | +€7,652 | +104.9% |
| Remuneration and social security | 454/9 | €5,892 | €3,473 | -€2,420 | -41.1% |
| Other amounts payable | 47/48 | €1,145 | €11,067 | +€9,922 | +866.4% |
| Accrued charges and deferred income | 492/3 | €0 | €2,329 | +€2,329 | |
| Non-recurring operating income | 76A | - | €8,264 | +€8,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,827 | €11,165 | -€1,662 | -13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,175 | €0 | +€4,175 | |
| Other operating charges | 640/8 | €14,097 | €6,697 | -€7,400 | -52.5% |
| Gross operating margin | 9900 | €5,433 | €52,539 | +€47,106 | +867.0% |
| Operating profit (loss) | 9901 | -€17,315 | €34,677 | +€51,992 | |
| Financial income | 75/76B | €123,813 | €25,540 | -€98,273 | -79.4% |
| Recurring financial income | 75 | €123,813 | €25,540 | -€98,273 | -79.4% |
| Financial charges | 65/66B | €709 | €6,041 | +€5,331 | +751.7% |
| Recurring financial charges | 65 | €709 | €6,041 | +€5,331 | +751.7% |
| Profit (loss) for the period before taxes | 9903 | €105,789 | €54,176 | -€51,612 | -48.8% |
| Income taxes | 67/77 | €9,794 | €11,623 | +€1,830 | +18.7% |
| Profit (loss) for the period | 9904 | €95,995 | €42,553 | -€53,442 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,995 | €42,553 | -€53,442 | -55.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.