FARKHANA: 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.
FARKHANA
Largest movements
- Cash +€23,963
up €23,963 (+23.9%), from €100,118 to €124,082
mainly Net result for the year (+€42,493) and Other debts (+€40,569)
- Tangible fixed assets +€11,840
up €11,840 (+102.8%), from €11,521 to €23,360
of which Plant, machinery and equipment: +€7,644
- Receivables within one year +€4,652
up €4,652 (+96.9%), from €4,801 to €9,453
- Deferred charges and accrued income -€1,800
no longer reported in 2025 (was €1,800)
- Stocks and contracts -€1,689
down €1,689 (-21.2%), from €7,983 to €6,294
- Other debts +€40,569
up €40,569 (+33090.5%), from €123 to €40,692
- Trade debts -€14,066
down €14,066 (-58.9%), from €23,871 to €9,805
- Tax, wage and social debts +€10,511
up €10,511 (+71.7%), from €14,659 to €25,170
of which Remuneration and social security: +€7,032
- Debts after one year -€2,796
down €2,796 (-31.2%), from €8,965 to €6,168
- Profit (loss) carried forward +€2,493
up €2,493 (+3.7%), from €68,005 to €70,498
- Turnover +€165,823
up €165,823 (+26.2%), from €632,152 to €797,975
- Purchases and services +€141,684
up €141,684 (+25.8%), from €550,150 to €691,834
- Gross operating margin +€27,516
up €27,516 (+27.8%), from €98,937 to €126,453
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 | €126,223 | €163,189 | +€36,966 | +29.3% |
| Fixed assets | 21/28 | €11,521 | €23,360 | +€11,840 | +102.8% |
| Tangible fixed assets | 22/27 | €11,521 | €23,360 | +€11,840 | +102.8% |
| Plant, machinery and equipment | 23 | €527 | €8,171 | +€7,644 | +1450.1% |
| Furniture and vehicles | 24 | - | €2,648 | +€2,648 | |
| Leasing and similar rights | 25 | €10,993 | €8,193 | -€2,800 | -25.5% |
| Other tangible fixed assets | 26 | - | €4,348 | +€4,348 | |
| Current assets | 29/58 | €114,702 | €139,828 | +€25,126 | +21.9% |
| Stocks and contracts in progress | 3 | €7,983 | €6,294 | -€1,689 | -21.2% |
| Stocks | 30/36 | €7,983 | €6,294 | -€1,689 | -21.2% |
| Amounts receivable within one year | 40/41 | €4,801 | €9,453 | +€4,652 | +96.9% |
| Trade receivables | 40 | €4,801 | €9,453 | +€4,652 | +96.9% |
| Cash at bank and in hand | 54/58 | €100,118 | €124,082 | +€23,963 | +23.9% |
| Deferred charges and accrued income | 490/1 | €1,800 | - | -€1,800 | |
| Total equity and liabilities | 10/49 | €126,223 | €163,189 | +€36,966 | +29.3% |
| Equity | 10/15 | €76,065 | €78,558 | +€2,493 | +3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,005 | €70,498 | +€2,493 | +3.7% |
| Amounts payable | 17/49 | €50,158 | €84,631 | +€34,473 | +68.7% |
| Amounts payable after more than one year | 17 | €8,965 | €6,168 | -€2,796 | -31.2% |
| Financial debts | 170/4 | €8,965 | €6,168 | -€2,796 | -31.2% |
| Amounts payable within one year | 42/48 | €41,193 | €78,462 | +€37,269 | +90.5% |
| Current portion of amounts payable after more than one year | 42 | €2,541 | €2,796 | +€255 | +10.0% |
| Trade debts | 44 | €23,871 | €9,805 | -€14,066 | -58.9% |
| Suppliers | 440/4 | €23,871 | €9,805 | -€14,066 | -58.9% |
| Taxes, remuneration and social security | 45 | €14,659 | €25,170 | +€10,511 | +71.7% |
| Taxes | 450/3 | €9,519 | €12,999 | +€3,480 | +36.6% |
| Remuneration and social security | 454/9 | €5,140 | €12,171 | +€7,032 | +136.8% |
| Other amounts payable | 47/48 | €123 | €40,692 | +€40,569 | +33090.5% |
| Turnover | 70 | €632,152 | €797,975 | +€165,823 | +26.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €550,150 | €691,834 | +€141,684 | +25.8% |
| Remuneration, social security and pensions | 62 | €76,893 | €68,914 | -€7,979 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,017 | €5,124 | -€3,893 | -43.2% |
| Other operating charges | 640/8 | €1,919 | €5,155 | +€3,236 | +168.6% |
| Gross operating margin | 9900 | €98,937 | €126,453 | +€27,516 | +27.8% |
| Operating profit (loss) | 9901 | €11,108 | €47,261 | +€36,153 | +325.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.7% |
| Financial charges | 65/66B | €1,739 | €1,172 | -€566 | -32.6% |
| Recurring financial charges | 65 | €1,739 | €1,172 | -€566 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €9,370 | €46,088 | +€36,718 | +391.9% |
| Income taxes | 67/77 | €2,652 | €3,595 | +€943 | +35.6% |
| Profit (loss) for the period | 9904 | €6,718 | €42,493 | +€35,775 | +532.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,718 | €42,493 | +€35,775 | +532.5% |
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 8 October 2026 via checked.be.