FARENERGY: 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.
FARENERGY
Largest movements
- Cash +€200,647
up €200,647 (+481%), from €41,686 to €242,333
mainly Net result for the year (+€211,911) and Trade debts (+€187,754)
- Tangible fixed assets +€79,201
up €79,201 (+4,064%), from €1,949 to €81,150
of which Plant, machinery and equipment: +€41,125
- Receivables within one year +€34,346
up €34,346 (+283%), from €12,131 to €46,477
of which Trade receivables: +€28,683
- Stocks and contracts +€21,637
up €21,637 (+34.7%), from €62,308 to €83,945
- Trade debts +€187,754
up €187,754 (+30,332%), from €619 to €188,373
- Profit (loss) carried forward +€161,911
up €161,911 (+903%), from €17,936 to €179,847
- Other debts -€23,906
no longer reported in 2024 (was €23,906)
- Tax, wage and social debts +€10,073
up €10,073 (+68.9%), from €14,611 to €24,684
of which Taxes: +€9,917
- Gross operating margin +€275,827
up €275,827 (+759%), from €36,338 to €312,165
- Taxes +€58,886
up €58,886 (+900%), from €6,546 to €65,432
- Depreciation +€25,901
up €25,901 (+31,206%), from €83 to €25,984
- Financial income +€4,209
new in 2024: €4,209
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.
Derived cash bridge
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 | €118,074 | €453,905 | +€335,831 | +284% |
| Fixed assets | 21/28 | €1,949 | €81,150 | +€79,201 | +4,064% |
| Tangible fixed assets | 22/27 | €1,949 | €81,150 | +€79,201 | +4,064% |
| Plant, machinery and equipment | 23 | €765 | €41,890 | +€41,125 | +5,376% |
| Furniture and vehicles | 24 | €1,184 | €39,260 | +€38,076 | +3,216% |
| Current assets | 29/58 | €116,125 | €372,755 | +€256,630 | +221% |
| Stocks and contracts in progress | 3 | €62,308 | €83,945 | +€21,637 | +34.7% |
| Stocks | 30/36 | €62,308 | €83,945 | +€21,637 | +34.7% |
| Amounts receivable within one year | 40/41 | €12,131 | €46,477 | +€34,346 | +283% |
| Trade receivables | 40 | €12,131 | €40,814 | +€28,683 | +236% |
| Other amounts receivable | 41 | - | €5,662 | +€5,662 | |
| Cash at bank and in hand | 54/58 | €41,686 | €242,333 | +€200,647 | +481% |
| Total equity and liabilities | 10/49 | €118,074 | €453,905 | +€335,831 | +284% |
| Equity | 10/15 | €78,937 | €240,848 | +€161,911 | +205% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €42,451 | €42,451 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €40,596 | €40,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,936 | €179,847 | +€161,911 | +903% |
| Amounts payable | 17/49 | €39,137 | €213,057 | +€173,920 | +444% |
| Amounts payable within one year | 42/48 | €39,137 | €213,057 | +€173,920 | +444% |
| Trade debts | 44 | €619 | €188,373 | +€187,754 | +30,332% |
| Suppliers | 440/4 | €619 | €188,373 | +€187,754 | +30,332% |
| Taxes, remuneration and social security | 45 | €14,611 | €24,684 | +€10,073 | +68.9% |
| Taxes | 450/3 | €9,440 | €19,357 | +€9,917 | +105% |
| Remuneration and social security | 454/9 | €5,172 | €5,327 | +€155 | +3.0% |
| Other amounts payable | 47/48 | €23,906 | - | -€23,906 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | €25,984 | +€25,901 | +31,206% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €823 | - | -€823 | |
| Other operating charges | 640/8 | €1,125 | €3,050 | +€1,925 | +171% |
| Gross operating margin | 9900 | €36,338 | €312,165 | +€275,827 | +759% |
| Operating profit (loss) | 9901 | €34,307 | €273,837 | +€239,530 | +698% |
| Financial income | 75/76B | - | €4,209 | +€4,209 | |
| Recurring financial income | 75 | - | €4,209 | +€4,209 | |
| Financial charges | 65/66B | - | €703 | +€703 | |
| Recurring financial charges | 65 | - | €703 | +€703 | |
| Profit (loss) for the period before taxes | 9903 | €34,307 | €277,343 | +€243,036 | +708% |
| Income taxes | 67/77 | €6,546 | €65,432 | +€58,886 | +900% |
| Profit (loss) for the period | 9904 | €27,761 | €211,911 | +€184,150 | +663% |
| Profit (loss) for the period to be appropriated | 9905 | €27,761 | €211,911 | +€184,150 | +663% |
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 16 October 2026 via checked.be.