Farok: 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.
Farok
Largest movements
- Receivables within one year -€54,284
no longer reported in 2023 (was €54,284)
of which Trade receivables: -€53,940
- Stocks and contracts +€32,317
up €32,317 (+434%), from €7,439 to €39,756
- Cash -€644
down €644 (-38.9%), from €1,658 to €1,014
mainly Trade debts (-€64,255) and Stocks and contracts (-€32,317)
- Trade debts -€64,255
down €64,255 (-72.3%), from €88,852 to €24,597
- Other debts +€39,191
up €39,191 (+227%), from €17,236 to €56,427
- Tax, wage and social debts +€1,490
up €1,490 (+62.0%), from €2,402 to €3,892
of which Remuneration and social security: +€2,700
- Profit (loss) carried forward +€963
up €963 (+1.9%), from -€52,023 to -€51,060
- Gross operating margin +€32,347
up €32,347, from -€29,615 to €2,732
- Other operating charges +€759
up €759 (+75.2%), from €1,010 to €1,769
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,381 | €40,770 | -€22,611 | -35.7% |
| Current assets | 29/58 | €63,381 | €40,770 | -€22,611 | -35.7% |
| Stocks and contracts in progress | 3 | €7,439 | €39,756 | +€32,317 | +434% |
| Stocks | 30/36 | €7,439 | €39,756 | +€32,317 | +434% |
| Amounts receivable within one year | 40/41 | €54,284 | - | -€54,284 | |
| Trade receivables | 40 | €53,940 | - | -€53,940 | |
| Other amounts receivable | 41 | €344 | - | -€344 | |
| Cash at bank and in hand | 54/58 | €1,658 | €1,014 | -€644 | -38.9% |
| Total equity and liabilities | 10/49 | €63,381 | €40,770 | -€22,611 | -35.7% |
| Equity | 10/15 | -€45,109 | -€44,146 | +€963 | +2.1% |
| Contributions | 10/11 | €6,914 | €6,914 | +€0 | 0.0% |
| Contributions outside capital | 11 | €6,914 | €6,914 | +€0 | 0.0% |
| Other | 1109/19 | €6,914 | €6,914 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€52,023 | -€51,060 | +€963 | +1.9% |
| Amounts payable | 17/49 | €108,490 | €84,916 | -€23,574 | -21.7% |
| Amounts payable within one year | 42/48 | €108,490 | €84,916 | -€23,574 | -21.7% |
| Trade debts | 44 | €88,852 | €24,597 | -€64,255 | -72.3% |
| Suppliers | 440/4 | €88,852 | €24,597 | -€64,255 | -72.3% |
| Taxes, remuneration and social security | 45 | €2,402 | €3,892 | +€1,490 | +62.0% |
| Taxes | 450/3 | €2,402 | €1,192 | -€1,210 | -50.4% |
| Remuneration and social security | 454/9 | - | €2,700 | +€2,700 | |
| Other amounts payable | 47/48 | €17,236 | €56,427 | +€39,191 | +227% |
| Other operating charges | 640/8 | €1,010 | €1,769 | +€759 | +75.2% |
| Gross operating margin | 9900 | -€29,615 | €2,732 | +€32,347 | |
| Operating profit (loss) | 9901 | -€30,625 | €963 | +€31,588 | |
| Profit (loss) for the period before taxes | 9903 | -€30,625 | €963 | +€31,588 | |
| Profit (loss) for the period | 9904 | -€30,625 | €963 | +€31,588 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,625 | €963 | +€31,588 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.