Faren: 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.
Faren
Largest movements
- Receivables within one year +€24,201
up €24,201 (+2339.2%), from €1,035 to €25,236
- Stocks and contracts -€13,840
no longer reported in 2025 (was €13,840)
- Cash +€10,366
up €10,366 (+39594.5%), from €26 to €10,392
mainly Net result for the year (+€34,176) and Stocks and contracts (+€13,840)
- Tangible fixed assets +€6,650
new in 2025: €6,650
of which Plant, machinery and equipment: +€5,225
- Profit (loss) carried forward +€30,105
no longer reported in 2025 (was -€30,105)
- Other debts -€17,777
down €17,777 (-82.3%), from €21,601 to €3,824
- Tax, wage and social debts +€9,827
new in 2025: €9,827
- Reserves +€4,070
new in 2025: €4,070
- Trade debts +€1,152
up €1,152 (+127.2%), from €905 to €2,057
- Gross operating margin +€45,138
up €45,138, from -€6,746 to €38,392
- Taxes +€2,988
new in 2025: €2,988
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 | €14,901 | €42,278 | +€27,377 | +183.7% |
| Fixed assets | 21/28 | - | €6,650 | +€6,650 | |
| Tangible fixed assets | 22/27 | - | €6,650 | +€6,650 | |
| Plant, machinery and equipment | 23 | - | €5,225 | +€5,225 | |
| Furniture and vehicles | 24 | - | €1,425 | +€1,425 | |
| Current assets | 29/58 | €14,901 | €35,628 | +€20,727 | +139.1% |
| Stocks and contracts in progress | 3 | €13,840 | - | -€13,840 | |
| Stocks | 30/36 | €13,840 | - | -€13,840 | |
| Amounts receivable within one year | 40/41 | €1,035 | €25,236 | +€24,201 | +2339.2% |
| Trade receivables | 40 | €1,035 | €25,236 | +€24,201 | +2339.2% |
| Cash at bank and in hand | 54/58 | €26 | €10,392 | +€10,366 | +39594.5% |
| Total equity and liabilities | 10/49 | €14,901 | €42,278 | +€27,377 | +183.7% |
| Equity | 10/15 | -€7,605 | €26,570 | +€34,176 | |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | - | €4,070 | +€4,070 | |
| Distributable reserves | 133 | - | €4,070 | +€4,070 | |
| Profit (loss) carried forward | 14 | -€30,105 | - | +€30,105 | |
| Amounts payable | 17/49 | €22,506 | €15,707 | -€6,798 | -30.2% |
| Amounts payable within one year | 42/48 | €22,506 | €15,707 | -€6,798 | -30.2% |
| Trade debts | 44 | €905 | €2,057 | +€1,152 | +127.2% |
| Suppliers | 440/4 | €905 | €2,057 | +€1,152 | +127.2% |
| Taxes, remuneration and social security | 45 | - | €9,827 | +€9,827 | |
| Taxes | 450/3 | - | €9,827 | +€9,827 | |
| Other amounts payable | 47/48 | €21,601 | €3,824 | -€17,777 | -82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €350 | +€350 | |
| Other operating charges | 640/8 | €715 | €796 | +€81 | +11.3% |
| Gross operating margin | 9900 | -€6,746 | €38,392 | +€45,138 | |
| Operating profit (loss) | 9901 | -€7,461 | €37,247 | +€44,707 | |
| Financial charges | 65/66B | €148 | €83 | -€65 | -43.7% |
| Recurring financial charges | 65 | €148 | €83 | -€65 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,608 | €37,163 | +€44,772 | |
| Income taxes | 67/77 | - | €2,988 | +€2,988 | |
| Profit (loss) for the period | 9904 | -€7,608 | €34,176 | +€41,784 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,608 | €34,176 | +€41,784 |
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 3 October 2026 via checked.be.