FARES HOME: 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.
FARES HOME
Largest movements
- Receivables within one year -€21,722
no longer reported in 2024 (was €21,722)
- Stocks and contracts -€7,750
no longer reported in 2024 (was €7,750)
- Tangible fixed assets -€2,157
down €2,157 (-20.2%), from €10,672 to €8,515
- Deferred charges and accrued income -€414
no longer reported in 2024 (was €414)
- Trade debts -€18,442
no longer reported in 2024 (was €18,442)
- Profit (loss) carried forward -€8,742
down €8,742 (-146%), from -€5,975 to -€14,716
- Other debts -€3,859
down €3,859 (-25.1%), from €15,354 to €11,495
- Tax, wage and social debts -€977
down €977 (-35.0%), from €2,793 to €1,816
- Gross operating margin -€6,973
down €6,973, from €414 to -€6,559
- Depreciation +€2,045
up €2,045 (+1,821%), from €112 to €2,157
- Other operating charges -€90
no longer reported in 2024 (was €90)
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 | €40,645 | €8,594 | -€32,051 | -78.9% |
| Fixed assets | 21/28 | €10,750 | €8,593 | -€2,157 | -20.1% |
| Tangible fixed assets | 22/27 | €10,672 | €8,515 | -€2,157 | -20.2% |
| Furniture and vehicles | 24 | €10,672 | €8,515 | -€2,157 | -20.2% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €29,895 | €1 | -€29,894 | -100.0% |
| Stocks and contracts in progress | 3 | €7,750 | - | -€7,750 | |
| Stocks | 30/36 | €7,750 | - | -€7,750 | |
| Amounts receivable within one year | 40/41 | €21,722 | - | -€21,722 | |
| Trade receivables | 40 | €21,722 | - | -€21,722 | |
| Cash at bank and in hand | 54/58 | €9 | €1 | -€7 | -84.6% |
| Deferred charges and accrued income | 490/1 | €414 | - | -€414 | |
| Total equity and liabilities | 10/49 | €40,645 | €8,594 | -€32,051 | -78.9% |
| Equity | 10/15 | €4,025 | -€4,716 | -€8,742 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,975 | -€14,716 | -€8,742 | -146% |
| Amounts payable | 17/49 | €36,619 | €13,310 | -€23,309 | -63.7% |
| Amounts payable within one year | 42/48 | €36,619 | €13,310 | -€23,309 | -63.7% |
| Trade debts | 44 | €18,442 | - | -€18,442 | |
| Suppliers | 440/4 | €18,442 | - | -€18,442 | |
| Advances received on contracts in progress | 46 | €31 | - | -€31 | |
| Taxes, remuneration and social security | 45 | €2,793 | €1,816 | -€977 | -35.0% |
| Taxes | 450/3 | €2,793 | €1,816 | -€977 | -35.0% |
| Other amounts payable | 47/48 | €15,354 | €11,495 | -€3,859 | -25.1% |
| Non-recurring operating income | 76A | - | €275 | +€275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112 | €2,157 | +€2,045 | +1,821% |
| Other operating charges | 640/8 | €90 | - | -€90 | |
| Gross operating margin | 9900 | €414 | -€6,559 | -€6,973 | |
| Operating profit (loss) | 9901 | €212 | -€8,716 | -€8,927 | |
| Financial charges | 65/66B | €82 | €26 | -€56 | -68.3% |
| Recurring financial charges | 65 | €82 | €26 | -€56 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | €130 | -€8,742 | -€8,871 | |
| Profit (loss) for the period | 9904 | €130 | -€8,742 | -€8,871 | |
| Profit (loss) for the period to be appropriated | 9905 | €130 | -€8,742 | -€8,871 |
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 26 October 2026 via checked.be.