FARO: what changed
What changed
FARO
NACE 46.442, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€3
2024 · €42-€40
Equity
€35,823
2024 · €35,821+€3
Cash
€27,283
2024 · €30,579-€3,296
Balance sheet total
€49,420
2024 · €50,204-€784
Largest movements
Assets
- Cash -€3,296
down €3,296 (-10.8%), from €30,579 to €27,283
mainly Investment in fixed assets (net) (-€2,600) and Other debts (-€1,775)
- Deferred charges and accrued income +€1,265
up €1,265 (+483%), from €262 to €1,527
- Stocks and contracts +€1,000
up €1,000 (+143%), from €700 to €1,700
- Financial fixed assets +€554
up €554 (+15.1%), from €3,681 to €4,236
Equity and liabilities
- Other debts -€1,775
down €1,775 (-45.5%), from €3,905 to €2,130
- Tax, wage and social debts +€520
up €520 (+6.7%), from €7,753 to €8,273
of which Remuneration and social security: +€1,056
Income statement
- Gross operating margin +€7,405
up €7,405 (+30.0%), from €24,710 to €32,115
- Staff costs +€7,183
up €7,183 (+32.7%), from €21,969 to €29,151
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€42
Gross operating margin
+€7,405
Staff costs
-€7,183
Depreciation
-€240
Other operating charges
-€14
Financial income
-€13
Financial charges
+€7
Taxes
-€2
Result 2025
€3
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€697
Investment
-€2,600
Financing
€0
Cash 2024
€30,579
From operations (derived)
-€697
Net result for the year
+€3
Depreciation
+€1,879
Stocks and contracts
-€1,000
Receivables within one year
+€473
Deferred charges and accrued income
-€1,265
Trade debts
+€147
Tax, wage and social debts
+€520
Other debts
-€1,775
Accrued charges and deferred income
+€321
Investment (derived)
-€2,600
Investment in fixed assets (net)
-€2,600
Cash 2025
€27,283
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,204 | €49,420 | -€784 | -1.6% |
| Formation expenses | 20 | €975 | €741 | -€234 | -24.0% |
| Fixed assets | 21/28 | €13,756 | €14,711 | +€955 | +6.9% |
| Tangible fixed assets | 22/27 | €10,075 | €10,476 | +€400 | +4.0% |
| Plant, machinery and equipment | 23 | €6,664 | €6,386 | -€278 | -4.2% |
| Furniture and vehicles | 24 | €2,892 | €2,426 | -€466 | -16.1% |
| Other tangible fixed assets | 26 | €520 | €1,664 | +€1,144 | +220% |
| Financial fixed assets | 28 | €3,681 | €4,236 | +€554 | +15.1% |
| Current assets | 29/58 | €35,473 | €33,968 | -€1,505 | -4.2% |
| Stocks and contracts in progress | 3 | €700 | €1,700 | +€1,000 | +143% |
| Stocks | 30/36 | €700 | €1,700 | +€1,000 | +143% |
| Amounts receivable within one year | 40/41 | €3,931 | €3,458 | -€473 | -12.0% |
| Trade receivables | 40 | €3,928 | €3,419 | -€509 | -12.9% |
| Other amounts receivable | 41 | €4 | €39 | +€35 | +983% |
| Cash at bank and in hand | 54/58 | €30,579 | €27,283 | -€3,296 | -10.8% |
| Deferred charges and accrued income | 490/1 | €262 | €1,527 | +€1,265 | +483% |
| Total equity and liabilities | 10/49 | €50,204 | €49,420 | -€784 | -1.6% |
| Equity | 10/15 | €35,821 | €35,823 | +€3 | 0.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €17,229 | €17,231 | +€3 | 0.0% |
| Tax-exempt reserves | 132 | €2,788 | €2,788 | = | 0.0% |
| Distributable reserves | 133 | €14,441 | €14,443 | +€3 | 0.0% |
| Amounts payable | 17/49 | €14,383 | €13,596 | -€787 | -5.5% |
| Amounts payable within one year | 42/48 | €12,271 | €11,163 | -€1,108 | -9.0% |
| Trade debts | 44 | €613 | €760 | +€147 | +23.9% |
| Suppliers | 440/4 | €613 | €760 | +€147 | +23.9% |
| Taxes, remuneration and social security | 45 | €7,753 | €8,273 | +€520 | +6.7% |
| Taxes | 450/3 | €4,154 | €3,617 | -€536 | -12.9% |
| Remuneration and social security | 454/9 | €3,599 | €4,655 | +€1,056 | +29.4% |
| Other amounts payable | 47/48 | €3,905 | €2,130 | -€1,775 | -45.5% |
| Accrued charges and deferred income | 492/3 | €2,113 | €2,434 | +€321 | +15.2% |
| Remuneration, social security and pensions | 62 | €21,969 | €29,151 | +€7,183 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,639 | €1,879 | +€240 | +14.6% |
| Other operating charges | 640/8 | €930 | €945 | +€14 | +1.5% |
| Gross operating margin | 9900 | €24,710 | €32,115 | +€7,405 | +30.0% |
| Operating profit (loss) | 9901 | €173 | €140 | -€32 | -18.6% |
| Financial income | 75/76B | €24 | €11 | -€13 | -55.4% |
| Recurring financial income | 75 | €24 | €11 | -€13 | -55.4% |
| Financial charges | 65/66B | €154 | €147 | -€7 | -4.7% |
| Recurring financial charges | 65 | €154 | €147 | -€7 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €42 | €4 | -€38 | -90.0% |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | €42 | €3 | -€40 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42 | €3 | -€40 | -93.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.