FARHAN: 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.
FARHAN
Largest movements
- Receivables within one year -€3,405
down €3,405 (-54.7%), from €6,222 to €2,817
- Cash -€954
down €954 (-13.2%), from €7,207 to €6,253
mainly Other debts (-€23,560) and Tax, wage and social debts (-€10,024)
- Tangible fixed assets -€341
no longer reported in 2025 (was €341)
- Profit (loss) carried forward +€27,302
up €27,302 (+48.8%), from -€55,989 to -€28,687
- Other debts -€23,560
down €23,560 (-55.0%), from €42,823 to €19,263
- Tax, wage and social debts -€10,024
down €10,024 (-50.2%), from €19,986 to €9,962
of which Remuneration and social security: -€7,023
- Trade debts +€1,582
up €1,582 (+2028.2%), from €78 to €1,660
- Gross operating margin -€19,594
down €19,594 (-34.8%), from €56,339 to €36,745
- Purchases and services +€13,271
up €13,271 (+24.7%), from €53,634 to €66,905
- Staff costs -€8,045
down €8,045 (-47.3%), from €16,997 to €8,952
- Turnover +€7,680
up €7,680 (+10.6%), from €72,410 to €80,090
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 | €13,770 | €9,070 | -€4,700 | -34.1% |
| Fixed assets | 21/28 | €341 | - | -€341 | |
| Tangible fixed assets | 22/27 | €341 | - | -€341 | |
| Furniture and vehicles | 24 | €341 | - | -€341 | |
| Current assets | 29/58 | €13,429 | €9,070 | -€4,359 | -32.5% |
| Amounts receivable within one year | 40/41 | €6,222 | €2,817 | -€3,405 | -54.7% |
| Trade receivables | 40 | €6,222 | €2,817 | -€3,405 | -54.7% |
| Cash at bank and in hand | 54/58 | €7,207 | €6,253 | -€954 | -13.2% |
| Total equity and liabilities | 10/49 | €13,770 | €9,070 | -€4,700 | -34.1% |
| Equity | 10/15 | -€49,117 | -€21,815 | +€27,302 | +55.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €672 | €672 | = | 0.0% |
| Non-distributable reserves | 130/1 | €672 | €672 | = | 0.0% |
| Legal reserve | 130 | €672 | - | -€672 | |
| Reserves not available under the articles | 1311 | - | €672 | +€672 | |
| Profit (loss) carried forward | 14 | -€55,989 | -€28,687 | +€27,302 | +48.8% |
| Amounts payable | 17/49 | €62,887 | €30,885 | -€32,002 | -50.9% |
| Amounts payable within one year | 42/48 | €62,887 | €30,885 | -€32,002 | -50.9% |
| Trade debts | 44 | €78 | €1,660 | +€1,582 | +2028.2% |
| Suppliers | 440/4 | €78 | €1,660 | +€1,582 | +2028.2% |
| Taxes, remuneration and social security | 45 | €19,986 | €9,962 | -€10,024 | -50.2% |
| Taxes | 450/3 | €4,153 | €1,152 | -€3,001 | -72.3% |
| Remuneration and social security | 454/9 | €15,833 | €8,810 | -€7,023 | -44.4% |
| Other amounts payable | 47/48 | €42,823 | €19,263 | -€23,560 | -55.0% |
| Turnover | 70 | €72,410 | €80,090 | +€7,680 | +10.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €53,634 | €66,905 | +€13,271 | +24.7% |
| Remuneration, social security and pensions | 62 | €16,997 | €8,952 | -€8,045 | -47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €341 | +€341 | |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €56,339 | €36,745 | -€19,594 | -34.8% |
| Operating profit (loss) | 9901 | €38,958 | €27,452 | -€11,506 | -29.5% |
| Financial charges | 65/66B | €136 | €150 | +€14 | +10.3% |
| Recurring financial charges | 65 | €136 | €150 | +€14 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €38,822 | €27,302 | -€11,520 | -29.7% |
| Profit (loss) for the period | 9904 | €38,822 | €27,302 | -€11,520 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,822 | €27,302 | -€11,520 | -29.7% |
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 30 September 2026 via checked.be.