FARHAN ENERGY: 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.
FARHAN ENERGY
Largest movements
- Tangible fixed assets -€11,653
down €11,653 (-46.2%), from €25,203 to €13,550
- Cash -€8,152
down €8,152 (-58.5%), from €13,932 to €5,780
mainly Tax, wage and social debts (-€11,759) and Trade debts (-€3,442)
- Receivables within one year +€2,118
up €2,118 (+10.7%), from €19,850 to €21,969
of which Trade receivables: +€1,104
- Deferred charges and accrued income +€1,227
up €1,227 (+63.9%), from €1,920 to €3,147
- Tax, wage and social debts -€11,759
down €11,759 (-79.9%), from €14,712 to €2,952
of which Taxes: -€10,206
- Trade debts -€3,442
down €3,442 (-82.3%), from €4,182 to €741
- Profit (loss) carried forward -€893
down €893 (-1.8%), from €48,298 to €47,406
- Turnover -€79,314
no longer reported in 2025 (was €79,314)
- Purchases and services -€66,127
no longer reported in 2025 (was €66,127)
- Depreciation +€3,771
up €3,771 (+59.3%), from €6,355 to €10,126
- Other operating charges +€1,270
up €1,270 (+1,062%), from €120 to €1,389
- Gross operating margin -€1,232
down €1,232 (-9.3%), from €13,187 to €11,956
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.
Derived cash bridge
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 | €73,559 | €57,099 | -€16,460 | -22.4% |
| Fixed assets | 21/28 | €25,203 | €13,550 | -€11,653 | -46.2% |
| Tangible fixed assets | 22/27 | €25,203 | €13,550 | -€11,653 | -46.2% |
| Furniture and vehicles | 24 | €25,203 | €13,550 | -€11,653 | -46.2% |
| Current assets | 29/58 | €48,356 | €43,549 | -€4,807 | -9.9% |
| Stocks and contracts in progress | 3 | €12,654 | €12,654 | = | 0.0% |
| Stocks | 30/36 | €12,654 | €12,654 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,850 | €21,969 | +€2,118 | +10.7% |
| Trade receivables | 40 | €14,583 | €15,688 | +€1,104 | +7.6% |
| Other amounts receivable | 41 | €5,267 | €6,281 | +€1,014 | +19.2% |
| Cash at bank and in hand | 54/58 | €13,932 | €5,780 | -€8,152 | -58.5% |
| Deferred charges and accrued income | 490/1 | €1,920 | €3,147 | +€1,227 | +63.9% |
| Total equity and liabilities | 10/49 | €73,559 | €57,099 | -€16,460 | -22.4% |
| Equity | 10/15 | €54,298 | €53,406 | -€893 | -1.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,298 | €47,406 | -€893 | -1.8% |
| Amounts payable | 17/49 | €19,260 | €3,693 | -€15,567 | -80.8% |
| Amounts payable within one year | 42/48 | €19,260 | €3,693 | -€15,567 | -80.8% |
| Trade debts | 44 | €4,182 | €741 | -€3,442 | -82.3% |
| Suppliers | 440/4 | €4,182 | €741 | -€3,442 | -82.3% |
| Taxes, remuneration and social security | 45 | €14,712 | €2,952 | -€11,759 | -79.9% |
| Taxes | 450/3 | €12,912 | €2,706 | -€10,206 | -79.0% |
| Remuneration and social security | 454/9 | €1,800 | €247 | -€1,553 | -86.3% |
| Other amounts payable | 47/48 | €367 | - | -€367 | |
| Turnover | 70 | €79,314 | - | -€79,314 | |
| Goods, raw materials, services and sundry goods | 60/61 | €66,127 | - | -€66,127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,355 | €10,126 | +€3,771 | +59.3% |
| Other operating charges | 640/8 | €120 | €1,389 | +€1,270 | +1,062% |
| Non-recurring operating charges | 66A | - | €527 | +€527 | |
| Gross operating margin | 9900 | €13,187 | €11,956 | -€1,232 | -9.3% |
| Operating profit (loss) | 9901 | €6,713 | -€86 | -€6,799 | |
| Financial charges | 65/66B | €58 | €50 | -€8 | -14.4% |
| Recurring financial charges | 65 | €58 | €50 | -€8 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €6,655 | -€136 | -€6,791 | |
| Income taxes | 67/77 | €1,949 | €757 | -€1,192 | -61.2% |
| Profit (loss) for the period | 9904 | €4,707 | -€893 | -€5,599 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,707 | -€893 | -€5,599 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.