Farlo: 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.
Farlo
Largest movements
- Cash +€16,847
up €16,847 (+15.2%), from €110,953 to €127,800
mainly Net result for the year (+€22,628) and Depreciation (+€11,453)
- Tangible fixed assets -€10,923
down €10,923 (-42.6%), from €25,643 to €14,721
of which Furniture and vehicles: -€11,268
- Receivables within one year +€4,013
up €4,013 (+68.5%), from €5,860 to €9,874
of which Trade receivables: +€4,066
- Reserves +€18,628
up €18,628 (+18.8%), from €99,211 to €117,839
- Debts after one year -€7,111
down €7,111 (-100.0%), from €7,111 to €0
- Trade debts -€5,065
down €5,065 (-89.0%), from €5,693 to €628
- Other debts +€3,200
up €3,200 (+18.1%), from €17,712 to €20,912
- Gross operating margin -€1,581
down €1,581 (-3.5%), from €45,276 to €43,695
- Taxes -€747
down €747 (-8.3%), from €9,035 to €8,287
- Depreciation +€573
up €573 (+5.3%), from €10,879 to €11,453
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 | €142,456 | €152,428 | +€9,972 | +7.0% |
| Fixed assets | 21/28 | €25,643 | €14,721 | -€10,923 | -42.6% |
| Tangible fixed assets | 22/27 | €25,643 | €14,721 | -€10,923 | -42.6% |
| Plant, machinery and equipment | 23 | €179 | €525 | +€345 | +192.6% |
| Furniture and vehicles | 24 | €25,464 | €14,196 | -€11,268 | -44.3% |
| Current assets | 29/58 | €116,813 | €137,708 | +€20,895 | +17.9% |
| Amounts receivable within one year | 40/41 | €5,860 | €9,874 | +€4,013 | +68.5% |
| Trade receivables | 40 | €5,808 | €9,874 | +€4,066 | +70.0% |
| Other amounts receivable | 41 | €52 | €0 | -€52 | -100.0% |
| Cash at bank and in hand | 54/58 | €110,953 | €127,800 | +€16,847 | +15.2% |
| Deferred charges and accrued income | 490/1 | €0 | €34 | +€34 | |
| Total equity and liabilities | 10/49 | €142,456 | €152,428 | +€9,972 | +7.0% |
| Equity | 10/15 | €100,711 | €119,339 | +€18,628 | +18.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €99,211 | €117,839 | +€18,628 | +18.8% |
| Distributable reserves | 133 | €99,211 | €117,839 | +€18,628 | +18.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,745 | €33,089 | -€8,656 | -20.7% |
| Amounts payable after more than one year | 17 | €7,111 | €0 | -€7,111 | -100.0% |
| Financial debts | 170/4 | €7,111 | €0 | -€7,111 | -100.0% |
| Amounts payable within one year | 42/48 | €34,634 | €33,089 | -€1,544 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €7,498 | €7,111 | -€387 | -5.2% |
| Trade debts | 44 | €5,693 | €628 | -€5,065 | -89.0% |
| Suppliers | 440/4 | €5,693 | €628 | -€5,065 | -89.0% |
| Taxes, remuneration and social security | 45 | €3,731 | €4,438 | +€707 | +19.0% |
| Taxes | 450/3 | €3,731 | €4,438 | +€707 | +19.0% |
| Other amounts payable | 47/48 | €17,712 | €20,912 | +€3,200 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,879 | €11,453 | +€573 | +5.3% |
| Other operating charges | 640/8 | €853 | €874 | +€21 | +2.5% |
| Gross operating margin | 9900 | €45,276 | €43,695 | -€1,581 | -3.5% |
| Operating profit (loss) | 9901 | €33,544 | €31,368 | -€2,175 | -6.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €731 | €453 | -€279 | -38.1% |
| Recurring financial charges | 65 | €731 | €453 | -€279 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €32,812 | €30,915 | -€1,897 | -5.8% |
| Income taxes | 67/77 | €9,035 | €8,287 | -€747 | -8.3% |
| Profit (loss) for the period | 9904 | €23,777 | €22,628 | -€1,150 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,777 | €22,628 | -€1,150 | -4.8% |
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 6 October 2026 via checked.be.