Faro Consult: 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.
Faro Consult
Largest movements
- Cash +€36,727
up €36,727 (+149%), from €24,659 to €61,386
mainly Net result for the year (+€40,983) and Deferred charges and accrued income (+€9,209)
- Deferred charges and accrued income -€9,209
down €9,209 (-93.4%), from €9,856 to €647
- Receivables after one year -€4,680
down €4,680 (-40.7%), from €11,500 to €6,820
- Intangible fixed assets +€4,476
new in 2025: €4,476
- Receivables within one year -€4,390
down €4,390 (-15.7%), from €27,914 to €23,524
of which Trade receivables: -€8,113
- Profit (loss) carried forward +€40,983
up €40,983 (+4,812%), from €852 to €41,834
- Tax, wage and social debts -€16,031
down €16,031 (-67.1%), from €23,893 to €7,862
of which Taxes: -€14,231
- Gross operating margin +€47,274
up €47,274 (+406%), from €11,647 to €58,921
- Taxes +€10,518
up €10,518 (+598%), from €1,759 to €12,277
- Other operating charges -€5,136
down €5,136 (-75.0%), from €6,845 to €1,709
- Depreciation +€1,141
up €1,141 (+309%), from €369 to €1,511
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 | €74,255 | €98,590 | +€24,335 | +32.8% |
| Fixed assets | 21/28 | €326 | €6,213 | +€5,887 | +1,806% |
| Intangible fixed assets | 21 | - | €4,476 | +€4,476 | |
| Tangible fixed assets | 22/27 | €326 | €1,737 | +€1,411 | +433% |
| Furniture and vehicles | 24 | €326 | €1,737 | +€1,411 | +433% |
| Current assets | 29/58 | €73,929 | €92,377 | +€18,448 | +25.0% |
| Amounts receivable after more than one year | 29 | €11,500 | €6,820 | -€4,680 | -40.7% |
| Other amounts receivable | 291 | €11,500 | €6,820 | -€4,680 | -40.7% |
| Amounts receivable within one year | 40/41 | €27,914 | €23,524 | -€4,390 | -15.7% |
| Trade receivables | 40 | €27,914 | €19,801 | -€8,113 | -29.1% |
| Other amounts receivable | 41 | - | €3,723 | +€3,723 | |
| Cash at bank and in hand | 54/58 | €24,659 | €61,386 | +€36,727 | +149% |
| Deferred charges and accrued income | 490/1 | €9,856 | €647 | -€9,209 | -93.4% |
| Total equity and liabilities | 10/49 | €74,255 | €98,590 | +€24,335 | +32.8% |
| Equity | 10/15 | €33,352 | €74,334 | +€40,983 | +123% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €852 | €41,834 | +€40,983 | +4,812% |
| Amounts payable | 17/49 | €40,903 | €24,256 | -€16,648 | -40.7% |
| Amounts payable within one year | 42/48 | €40,903 | €24,256 | -€16,648 | -40.7% |
| Trade debts | 44 | €3,926 | €3,963 | +€37 | +0.9% |
| Suppliers | 440/4 | €3,926 | €3,963 | +€37 | +0.9% |
| Taxes, remuneration and social security | 45 | €23,893 | €7,862 | -€16,031 | -67.1% |
| Taxes | 450/3 | €22,093 | €7,862 | -€14,231 | -64.4% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100% |
| Other amounts payable | 47/48 | €13,085 | €12,431 | -€654 | -5.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €369 | €1,511 | +€1,141 | +309% |
| Other operating charges | 640/8 | €6,845 | €1,709 | -€5,136 | -75.0% |
| Gross operating margin | 9900 | €11,647 | €58,921 | +€47,274 | +406% |
| Operating profit (loss) | 9901 | €4,432 | €55,701 | +€51,270 | +1,157% |
| Financial income | 75/76B | €240 | €0 | -€240 | -100% |
| Recurring financial income | 75 | €240 | €0 | -€240 | -100% |
| Financial charges | 65/66B | €2,245 | €2,442 | +€196 | +8.7% |
| Recurring financial charges | 65 | €2,245 | €2,442 | +€196 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €2,426 | €53,260 | +€50,833 | +2,095% |
| Income taxes | 67/77 | €1,759 | €12,277 | +€10,518 | +598% |
| Profit (loss) for the period | 9904 | €668 | €40,983 | +€40,315 | +6,038% |
| Profit (loss) for the period to be appropriated | 9905 | €668 | €40,983 | +€40,315 | +6,038% |
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 14 October 2026 via checked.be.