FARNIR ELECTRICITE: 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.
FARNIR ELECTRICITE
Largest movements
- Tangible fixed assets -€28,087
down €28,087 (-12.8%), from €219,616 to €191,529
of which Land and buildings: -€25,815
- Receivables within one year -€18,281
down €18,281 (-12.8%), from €142,684 to €124,403
of which Other amounts receivable: -€25,584
- Cash -€4,424
down €4,424 (-87.3%), from €5,068 to €644
mainly Trade debts (-€67,902) and Tax, wage and social debts (-€35,914)
- Other debts +€80,535
up €80,535 (+152%), from €52,970 to €133,505
- Trade debts -€67,902
down €67,902 (-83.8%), from €81,003 to €13,101
- Tax, wage and social debts -€35,914
down €35,914 (-74.1%), from €48,499 to €12,585
of which Taxes: -€20,721
- Debts after one year -€17,081
down €17,081 (-5.5%), from €308,089 to €291,008
- Profit (loss) carried forward -€11,309
down €11,309 (-2.6%), from -€431,329 to -€442,638
- Staff costs -€98,907
down €98,907 (-56.7%), from €174,351 to €75,443
- Gross operating margin -€37,354
down €37,354 (-22.9%), from €163,310 to €125,956
- Financial charges -€2,874
down €2,874 (-17.1%), from €16,839 to €13,965
- Other operating charges -€2,513
down €2,513 (-99.6%), from €2,522 to €9
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 | €409,014 | €357,639 | -€51,375 | -12.6% |
| Fixed assets | 21/28 | €221,996 | €193,909 | -€28,087 | -12.7% |
| Tangible fixed assets | 22/27 | €219,616 | €191,529 | -€28,087 | -12.8% |
| Land and buildings | 22 | €211,458 | €185,643 | -€25,815 | -12.2% |
| Furniture and vehicles | 24 | €8,158 | €5,886 | -€2,272 | -27.9% |
| Financial fixed assets | 28 | €2,380 | €2,380 | = | 0.0% |
| Current assets | 29/58 | €187,018 | €163,730 | -€23,288 | -12.5% |
| Stocks and contracts in progress | 3 | €39,266 | €37,497 | -€1,768 | -4.5% |
| Stocks | 30/36 | €39,266 | €37,497 | -€1,768 | -4.5% |
| Amounts receivable within one year | 40/41 | €142,684 | €124,403 | -€18,281 | -12.8% |
| Trade receivables | 40 | €109,491 | €116,794 | +€7,303 | +6.7% |
| Other amounts receivable | 41 | €33,194 | €7,609 | -€25,584 | -77.1% |
| Cash at bank and in hand | 54/58 | €5,068 | €644 | -€4,424 | -87.3% |
| Deferred charges and accrued income | 490/1 | - | €1,186 | +€1,186 | |
| Total equity and liabilities | 10/49 | €409,014 | €357,639 | -€51,375 | -12.6% |
| Equity | 10/15 | -€223,333 | -€234,642 | -€11,309 | -5.1% |
| Contributions | 10/11 | €195,898 | €195,898 | = | 0.0% |
| Reserves | 13 | €12,099 | €12,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,099 | €12,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€431,329 | -€442,638 | -€11,309 | -2.6% |
| Amounts payable | 17/49 | €632,346 | €592,281 | -€40,065 | -6.3% |
| Amounts payable after more than one year | 17 | €308,089 | €291,008 | -€17,081 | -5.5% |
| Financial debts | 170/4 | €308,089 | €291,008 | -€17,081 | -5.5% |
| Amounts payable within one year | 42/48 | €324,257 | €301,273 | -€22,984 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €16,785 | €17,081 | +€296 | +1.8% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €81,003 | €13,101 | -€67,902 | -83.8% |
| Suppliers | 440/4 | €81,003 | €13,101 | -€67,902 | -83.8% |
| Taxes, remuneration and social security | 45 | €48,499 | €12,585 | -€35,914 | -74.1% |
| Taxes | 450/3 | €20,721 | - | -€20,721 | |
| Remuneration and social security | 454/9 | €27,777 | €12,585 | -€15,192 | -54.7% |
| Other amounts payable | 47/48 | €52,970 | €133,505 | +€80,535 | +152% |
| Remuneration, social security and pensions | 62 | €174,351 | €75,443 | -€98,907 | -56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,136 | €27,233 | +€1,097 | +4.2% |
| Other operating charges | 640/8 | €2,522 | €9 | -€2,513 | -99.6% |
| Non-recurring operating charges | 66A | €53,691 | €20,656 | -€33,035 | -61.5% |
| Gross operating margin | 9900 | €163,310 | €125,956 | -€37,354 | -22.9% |
| Operating profit (loss) | 9901 | -€93,390 | €2,615 | +€96,005 | |
| Financial income | 75/76B | €149 | €40 | -€109 | -73.1% |
| Recurring financial income | 75 | €149 | €40 | -€109 | -73.1% |
| Financial charges | 65/66B | €16,839 | €13,965 | -€2,874 | -17.1% |
| Recurring financial charges | 65 | €16,839 | €13,965 | -€2,874 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€110,079 | -€11,309 | +€98,770 | +89.7% |
| Profit (loss) for the period | 9904 | -€110,079 | -€11,309 | +€98,770 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,079 | -€11,309 | +€98,770 | +89.7% |
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 23 October 2026 via checked.be.