FARES.A: 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.
FARES.A
Largest movements
- Tangible fixed assets -€6,517
down €6,517 (-33.3%), from €19,551 to €13,034
- Cash -€3,226
down €3,226 (-53.9%), from €5,985 to €2,759
mainly Net result for the year (-€10,709) and Other debts (-€394)
- Profit (loss) carried forward -€10,709
down €10,709, from €6,959 to -€3,750
- Trade debts +€1,276
up €1,276 (+217.2%), from €588 to €1,864
- Purchases and services +€39,104
new in 2025: €39,104
- Gross operating margin -€15,599
down €15,599, from €13,586 to -€2,013
- Turnover -€4,362
down €4,362 (-10.5%), from €41,453 to €37,091
- Financial charges +€1,098
up €1,098 (+1634.6%), from €67 to €1,165
of which Non-recurring financial charges: +€1,093
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 | €54,332 | €44,506 | -€9,826 | -18.1% |
| Fixed assets | 21/28 | €44,551 | €38,034 | -€6,517 | -14.6% |
| Intangible fixed assets | 21 | €25,000 | €25,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €19,551 | €13,034 | -€6,517 | -33.3% |
| Furniture and vehicles | 24 | €19,551 | €13,034 | -€6,517 | -33.3% |
| Current assets | 29/58 | €9,781 | €6,472 | -€3,309 | -33.8% |
| Amounts receivable within one year | 40/41 | €3,796 | €3,713 | -€84 | -2.2% |
| Trade receivables | 40 | €3,184 | €2,965 | -€220 | -6.9% |
| Other amounts receivable | 41 | €612 | €748 | +€136 | +22.2% |
| Cash at bank and in hand | 54/58 | €5,985 | €2,759 | -€3,226 | -53.9% |
| Total equity and liabilities | 10/49 | €54,332 | €44,506 | -€9,826 | -18.1% |
| Equity | 10/15 | €17,959 | €7,250 | -€10,709 | -59.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,959 | -€3,750 | -€10,709 | |
| Amounts payable | 17/49 | €36,373 | €37,256 | +€883 | +2.4% |
| Amounts payable within one year | 42/48 | €36,373 | €37,256 | +€883 | +2.4% |
| Trade debts | 44 | €588 | €1,864 | +€1,276 | +217.2% |
| Suppliers | 440/4 | €588 | €1,864 | +€1,276 | +217.2% |
| Other amounts payable | 47/48 | €35,786 | €35,392 | -€394 | -1.1% |
| Turnover | 70 | €41,453 | €37,091 | -€4,362 | -10.5% |
| Non-recurring operating income | 76A | €7,285 | - | -€7,285 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €39,104 | +€39,104 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,517 | €6,517 | = | 0.0% |
| Other operating charges | 640/8 | €1,002 | €1,014 | +€12 | +1.2% |
| Gross operating margin | 9900 | €13,586 | -€2,013 | -€15,599 | |
| Operating profit (loss) | 9901 | €6,068 | -€9,544 | -€15,612 | |
| Financial charges | 65/66B | €67 | €1,165 | +€1,098 | +1634.6% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Non-recurring financial charges | 66B | - | €1,093 | +€1,093 | |
| Profit (loss) for the period before taxes | 9903 | €6,001 | -€10,709 | -€16,709 | |
| Profit (loss) for the period | 9904 | €6,001 | -€10,709 | -€16,709 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,001 | -€10,709 | -€16,709 |
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 9 October 2026 via checked.be.