FARINELLE IMMO: 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.
FARINELLE IMMO
Largest movements
- Cash -€21,804
down €21,804 (-50.7%), from €42,981 to €21,177
mainly Other debts (-€26,051) and Investment in fixed assets (net) (-€15,002)
- Tangible fixed assets -€15,832
down €15,832 (-8.7%), from €180,948 to €165,116
of which Land and buildings: -€12,282
- Receivables within one year +€7,116
up €7,116 (+319%), from €2,228 to €9,344
of which Trade receivables: +€5,778
- Other debts -€26,051
down €26,051 (-93.6%), from €27,826 to €1,775
- Profit (loss) carried forward -€2,297
down €2,297 (-1.7%), from €137,405 to €135,108
- Gross operating margin -€13,391
down €13,391 (-31.7%), from €42,203 to €28,812
- Staff costs +€464
new in 2025: €464
- Depreciation +€424
up €424 (+1.4%), from €30,410 to €30,834
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 | €226,584 | €195,637 | -€30,947 | -13.7% |
| Fixed assets | 21/28 | €180,948 | €165,116 | -€15,832 | -8.7% |
| Tangible fixed assets | 22/27 | €180,948 | €165,116 | -€15,832 | -8.7% |
| Land and buildings | 22 | €161,689 | €149,407 | -€12,282 | -7.6% |
| Plant, machinery and equipment | 23 | €19,259 | €15,709 | -€3,550 | -18.4% |
| Current assets | 29/58 | €45,636 | €30,521 | -€15,115 | -33.1% |
| Amounts receivable within one year | 40/41 | €2,228 | €9,344 | +€7,116 | +319% |
| Trade receivables | 40 | - | €5,778 | +€5,778 | |
| Other amounts receivable | 41 | €2,228 | €3,566 | +€1,338 | +60.1% |
| Cash at bank and in hand | 54/58 | €42,981 | €21,177 | -€21,804 | -50.7% |
| Deferred charges and accrued income | 490/1 | €427 | - | -€427 | |
| Total equity and liabilities | 10/49 | €226,584 | €195,637 | -€30,947 | -13.7% |
| Equity | 10/15 | €187,742 | €184,369 | -€3,373 | -1.8% |
| Contributions | 10/11 | €10,784 | €10,784 | = | 0.0% |
| Reserves | 13 | €36,539 | €36,965 | +€426 | +1.2% |
| Tax-exempt reserves | 132 | €866 | €1,292 | +€426 | +49.2% |
| Distributable reserves | 133 | €35,673 | €35,673 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,405 | €135,108 | -€2,297 | -1.7% |
| Investment grants | 15 | €3,014 | €1,512 | -€1,502 | -49.8% |
| Amounts payable | 17/49 | €38,842 | €11,268 | -€27,574 | -71.0% |
| Amounts payable within one year | 42/48 | €38,842 | €11,268 | -€27,574 | -71.0% |
| Trade debts | 44 | €11,016 | €9,493 | -€1,523 | -13.8% |
| Suppliers | 440/4 | €11,016 | €9,493 | -€1,523 | -13.8% |
| Other amounts payable | 47/48 | €27,826 | €1,775 | -€26,051 | -93.6% |
| Remuneration, social security and pensions | 62 | - | €464 | +€464 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,410 | €30,834 | +€424 | +1.4% |
| Other operating charges | 640/8 | €250 | €652 | +€402 | +161% |
| Gross operating margin | 9900 | €42,203 | €28,812 | -€13,391 | -31.7% |
| Operating profit (loss) | 9901 | €11,543 | -€3,138 | -€14,681 | |
| Financial income | 75/76B | €1,502 | €1,502 | = | 0.0% |
| Recurring financial income | 75 | €1,502 | €1,502 | = | 0.0% |
| Financial charges | 65/66B | €411 | €235 | -€176 | -42.8% |
| Recurring financial charges | 65 | €411 | €235 | -€176 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €12,634 | -€1,871 | -€14,505 | |
| Profit (loss) for the period | 9904 | €12,634 | -€1,871 | -€14,505 | |
| Transfer to tax-exempt reserves | 689 | €426 | €426 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,208 | -€2,297 | -€14,505 |
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 30 October 2026 via checked.be.