FAROMA: 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.
FAROMA
Largest movements
- Receivables within one year +€421,057
new in 2026: €421,057
of which Other amounts receivable: +€280,697
- Cash +€84,684
up €84,684 (+44.2%), from €191,664 to €276,349
mainly Net result for the year (+€425,872) and Tax, wage and social debts (+€132,705)
- Tangible fixed assets +€54,198
up €54,198 (+135%), from €40,024 to €94,222
of which Land and buildings: +€44,837
- Reserves +€425,872
up €425,872 (+247%), from €172,652 to €598,524
- Tax, wage and social debts +€132,705
up €132,705 (+234%), from €56,685 to €189,390
- Gross operating margin +€396,325
up €396,325 (+211%), from €187,837 to €584,162
- Taxes +€107,265
up €107,265 (+254%), from €42,236 to €149,501
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,170 | €795,462 | +€560,292 | +238% |
| Fixed assets | 21/28 | €40,024 | €94,222 | +€54,198 | +135% |
| Tangible fixed assets | 22/27 | €40,024 | €94,222 | +€54,198 | +135% |
| Land and buildings | 22 | - | €44,837 | +€44,837 | |
| Furniture and vehicles | 24 | €40,024 | €49,384 | +€9,360 | +23.4% |
| Current assets | 29/58 | €195,146 | €701,240 | +€506,094 | +259% |
| Amounts receivable within one year | 40/41 | - | €421,057 | +€421,057 | |
| Trade receivables | 40 | - | €140,360 | +€140,360 | |
| Other amounts receivable | 41 | - | €280,697 | +€280,697 | |
| Cash at bank and in hand | 54/58 | €191,664 | €276,349 | +€84,684 | +44.2% |
| Deferred charges and accrued income | 490/1 | €3,481 | €3,834 | +€353 | +10.1% |
| Total equity and liabilities | 10/49 | €235,170 | €795,462 | +€560,292 | +238% |
| Equity | 10/15 | €177,652 | €603,524 | +€425,872 | +240% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €172,652 | €598,524 | +€425,872 | +247% |
| Distributable reserves | 133 | €172,652 | €598,524 | +€425,872 | +247% |
| Amounts payable | 17/49 | €57,518 | €191,938 | +€134,420 | +234% |
| Amounts payable within one year | 42/48 | €57,518 | €191,938 | +€134,420 | +234% |
| Trade debts | 44 | €732 | €2,547 | +€1,815 | +248% |
| Suppliers | 440/4 | €732 | €2,547 | +€1,815 | +248% |
| Taxes, remuneration and social security | 45 | €56,685 | €189,390 | +€132,705 | +234% |
| Taxes | 450/3 | €56,685 | €189,390 | +€132,705 | +234% |
| Other amounts payable | 47/48 | €101 | - | -€101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,926 | €10,507 | +€5,581 | +113% |
| Other operating charges | 640/8 | €1,000 | €780 | -€220 | -22.0% |
| Gross operating margin | 9900 | €187,837 | €584,162 | +€396,325 | +211% |
| Operating profit (loss) | 9901 | €181,910 | €572,874 | +€390,964 | +215% |
| Financial income | 75/76B | €0 | €3,009 | +€3,009 | +3,761,325% |
| Recurring financial income | 75 | €0 | €3,009 | +€3,009 | +3,761,325% |
| Financial charges | 65/66B | €432 | €510 | +€78 | +18.2% |
| Recurring financial charges | 65 | €432 | €510 | +€78 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €181,479 | €575,373 | +€393,894 | +217% |
| Income taxes | 67/77 | €42,236 | €149,501 | +€107,265 | +254% |
| Profit (loss) for the period | 9904 | €139,243 | €425,872 | +€286,629 | +206% |
| Profit (loss) for the period to be appropriated | 9905 | €139,243 | €425,872 | +€286,629 | +206% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.