FARNOULD: 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.
FARNOULD
Largest movements
- Tangible fixed assets -€16,983
down €16,983 (-13.4%), from €127,017 to €110,034
of which Leasing and similar rights: -€9,521
- Cash +€14,580
up €14,580 (+28.2%), from €51,670 to €66,250
mainly Net result for the year (+€77,164) and Other debts (+€25,865)
- Other debts +€25,865
up €25,865 (+25.0%), from €103,373 to €129,237
- Debts after one year -€24,063
down €24,063 (-26.3%), from €91,527 to €67,464
- Current portion of long-term debt -€6,782
down €6,782 (-20.3%), from €33,395 to €26,613
- Gross operating margin +€50,880
up €50,880 (+76.0%), from €66,918 to €117,797
- Taxes +€1,740
up €1,740 (+9.8%), from €17,783 to €19,523
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 | €289,818 | €286,870 | -€2,947 | -1.0% |
| Fixed assets | 21/28 | €236,662 | €219,135 | -€17,528 | -7.4% |
| Intangible fixed assets | 21 | €1,211 | €667 | -€545 | -45.0% |
| Tangible fixed assets | 22/27 | €127,017 | €110,034 | -€16,983 | -13.4% |
| Plant, machinery and equipment | 23 | €23,849 | €16,387 | -€7,462 | -31.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €103,168 | €93,647 | -€9,521 | -9.2% |
| Financial fixed assets | 28 | €108,434 | €108,434 | = | 0.0% |
| Current assets | 29/58 | €53,155 | €67,736 | +€14,580 | +27.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €51,670 | €66,250 | +€14,580 | +28.2% |
| Deferred charges and accrued income | 490/1 | €1,485 | €1,485 | = | 0.0% |
| Total equity and liabilities | 10/49 | €289,818 | €286,870 | -€2,947 | -1.0% |
| Equity | 10/15 | €48,258 | €50,222 | +€1,964 | +4.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,798 | €29,762 | +€1,964 | +7.1% |
| Amounts payable | 17/49 | €241,559 | €236,648 | -€4,912 | -2.0% |
| Amounts payable after more than one year | 17 | €91,527 | €67,464 | -€24,063 | -26.3% |
| Financial debts | 170/4 | €91,527 | €67,464 | -€24,063 | -26.3% |
| Amounts payable within one year | 42/48 | €150,032 | €169,184 | +€19,151 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €33,395 | €26,613 | -€6,782 | -20.3% |
| Trade debts | 44 | €1,706 | €1,561 | -€145 | -8.5% |
| Suppliers | 440/4 | €1,706 | €1,561 | -€145 | -8.5% |
| Taxes, remuneration and social security | 45 | €11,559 | €11,773 | +€214 | +1.8% |
| Taxes | 450/3 | €8,742 | €11,773 | +€3,030 | +34.7% |
| Remuneration and social security | 454/9 | €2,817 | - | -€2,817 | |
| Other amounts payable | 47/48 | €103,373 | €129,237 | +€25,865 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,793 | €17,528 | -€266 | -1.5% |
| Other operating charges | 640/8 | €883 | €1,215 | +€332 | +37.5% |
| Gross operating margin | 9900 | €66,918 | €117,797 | +€50,880 | +76.0% |
| Operating profit (loss) | 9901 | €48,241 | €99,054 | +€50,813 | +105.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,292 | €2,368 | -€924 | -28.1% |
| Recurring financial charges | 65 | €3,292 | €2,368 | -€924 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €44,949 | €96,687 | +€51,738 | +115.1% |
| Income taxes | 67/77 | €17,783 | €19,523 | +€1,740 | +9.8% |
| Profit (loss) for the period | 9904 | €27,166 | €77,164 | +€49,998 | +184.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,166 | €77,164 | +€49,998 | +184.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.