FAREGO: 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.
FAREGO
Largest movements
- Tangible fixed assets -€20,964
down €20,964 (-40.0%), from €52,385 to €31,421
- Cash +€3,917
up €3,917 (+136.7%), from €2,865 to €6,781
mainly Depreciation (+€21,162) and Trade debts (+€195)
- Deferred charges and accrued income +€2,412
up €2,412 (+110.9%), from €2,176 to €4,587
- Receivables within one year +€2,128
up €2,128 (+12.2%), from €17,460 to €19,588
of which Other amounts receivable: +€2,938
- Debts after one year -€11,370
down €11,370 (-50.7%), from €22,417 to €11,046
- Tax, wage and social debts -€1,500
down €1,500 (-34.1%), from €4,400 to €2,900
of which Remuneration and social security: -€2,000
- Turnover +€169,590
new in 2025: €169,590
- Purchases and services +€150,555
new in 2025: €150,555
- Gross operating margin -€4,981
down €4,981 (-16.0%), from €31,097 to €26,117
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 | €74,885 | €62,378 | -€12,507 | -16.7% |
| Fixed assets | 21/28 | €52,385 | €31,421 | -€20,964 | -40.0% |
| Tangible fixed assets | 22/27 | €52,385 | €31,421 | -€20,964 | -40.0% |
| Furniture and vehicles | 24 | €52,385 | €31,421 | -€20,964 | -40.0% |
| Current assets | 29/58 | €22,500 | €30,957 | +€8,457 | +37.6% |
| Amounts receivable within one year | 40/41 | €17,460 | €19,588 | +€2,128 | +12.2% |
| Trade receivables | 40 | €16,600 | €15,790 | -€810 | -4.9% |
| Other amounts receivable | 41 | €860 | €3,798 | +€2,938 | +341.6% |
| Cash at bank and in hand | 54/58 | €2,865 | €6,781 | +€3,917 | +136.7% |
| Deferred charges and accrued income | 490/1 | €2,176 | €4,587 | +€2,412 | +110.9% |
| Total equity and liabilities | 10/49 | €74,885 | €62,378 | -€12,507 | -16.7% |
| Equity | 10/15 | €28,670 | €28,714 | +€44 | +0.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,670 | €23,714 | +€44 | +0.2% |
| Amounts payable | 17/49 | €46,215 | €33,664 | -€12,551 | -27.2% |
| Amounts payable after more than one year | 17 | €22,417 | €11,046 | -€11,370 | -50.7% |
| Financial debts | 170/4 | €22,417 | €11,046 | -€11,370 | -50.7% |
| Amounts payable within one year | 42/48 | €23,605 | €22,418 | -€1,187 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €11,234 | €11,370 | +€137 | +1.2% |
| Trade debts | 44 | €7,953 | €8,148 | +€195 | +2.5% |
| Suppliers | 440/4 | €7,953 | €8,148 | +€195 | +2.5% |
| Taxes, remuneration and social security | 45 | €4,400 | €2,900 | -€1,500 | -34.1% |
| Taxes | 450/3 | - | €500 | +€500 | |
| Remuneration and social security | 454/9 | €4,400 | €2,400 | -€2,000 | -45.5% |
| Other amounts payable | 47/48 | €18 | - | -€18 | |
| Accrued charges and deferred income | 492/3 | €194 | €200 | +€6 | +3.2% |
| Turnover | 70 | - | €169,590 | +€169,590 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €150,555 | +€150,555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,153 | €21,162 | -€991 | -4.5% |
| Other operating charges | 640/8 | €987 | €1,209 | +€222 | +22.5% |
| Non-recurring operating charges | 66A | - | €251 | +€251 | |
| Gross operating margin | 9900 | €31,097 | €26,117 | -€4,981 | -16.0% |
| Operating profit (loss) | 9901 | €7,957 | €3,494 | -€4,463 | -56.1% |
| Financial charges | 65/66B | €2,612 | €1,874 | -€739 | -28.3% |
| Recurring financial charges | 65 | €2,612 | €1,874 | -€739 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €5,344 | €1,620 | -€3,724 | -69.7% |
| Income taxes | 67/77 | €3,202 | €1,577 | -€1,625 | -50.8% |
| Profit (loss) for the period | 9904 | €2,143 | €44 | -€2,099 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,143 | €44 | -€2,099 | -98.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.