Faros-ICT: 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.
Faros-ICT
Largest movements
- Tangible fixed assets +€102,722
up €102,722 (+2065.2%), from €4,974 to €107,696
of which Furniture and vehicles: +€100,813
- Cash -€82,390
down €82,390 (-61.0%), from €135,057 to €52,667
mainly Investment in fixed assets (net) (-€109,451) and Tax, wage and social debts (-€17,835)
- Receivables within one year +€13,805
up €13,805 (+84.5%), from €16,339 to €30,143
of which Trade receivables: +€11,564
- Reserves +€56,429
up €56,429 (+50.4%), from €112,065 to €168,494
- Tax, wage and social debts -€17,835
down €17,835 (-77.9%), from €22,898 to €5,063
of which Taxes: -€18,011
- Trade debts -€3,952
down €3,952 (-83.0%), from €4,759 to €807
- Gross operating margin +€5,802
up €5,802 (+6.4%), from €90,468 to €96,270
- Depreciation +€5,266
up €5,266 (+360.1%), from €1,462 to €6,729
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 | €159,190 | €194,597 | +€35,407 | +22.2% |
| Fixed assets | 21/28 | €4,974 | €107,696 | +€102,722 | +2065.2% |
| Tangible fixed assets | 22/27 | €4,974 | €107,696 | +€102,722 | +2065.2% |
| Plant, machinery and equipment | 23 | €4,974 | €6,883 | +€1,909 | +38.4% |
| Furniture and vehicles | 24 | - | €100,813 | +€100,813 | |
| Current assets | 29/58 | €154,215 | €86,901 | -€67,315 | -43.6% |
| Amounts receivable within one year | 40/41 | €16,339 | €30,143 | +€13,805 | +84.5% |
| Trade receivables | 40 | €16,339 | €27,903 | +€11,564 | +70.8% |
| Other amounts receivable | 41 | - | €2,240 | +€2,240 | |
| Cash at bank and in hand | 54/58 | €135,057 | €52,667 | -€82,390 | -61.0% |
| Deferred charges and accrued income | 490/1 | €2,820 | €4,091 | +€1,271 | +45.1% |
| Total equity and liabilities | 10/49 | €159,190 | €194,597 | +€35,407 | +22.2% |
| Equity | 10/15 | €125,274 | €180,894 | +€55,619 | +44.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €112,065 | €168,494 | +€56,429 | +50.4% |
| Distributable reserves | 133 | €112,065 | €168,494 | +€56,429 | +50.4% |
| Profit (loss) carried forward | 14 | €809 | - | -€809 | |
| Amounts payable | 17/49 | €33,915 | €13,703 | -€20,212 | -59.6% |
| Amounts payable within one year | 42/48 | €33,915 | €13,703 | -€20,212 | -59.6% |
| Trade debts | 44 | €4,759 | €807 | -€3,952 | -83.0% |
| Suppliers | 440/4 | €4,759 | €807 | -€3,952 | -83.0% |
| Taxes, remuneration and social security | 45 | €22,898 | €5,063 | -€17,835 | -77.9% |
| Taxes | 450/3 | €20,375 | €2,364 | -€18,011 | -88.4% |
| Remuneration and social security | 454/9 | €2,523 | €2,699 | +€176 | +7.0% |
| Other amounts payable | 47/48 | €6,258 | €7,833 | +€1,575 | +25.2% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,462 | €6,729 | +€5,266 | +360.1% |
| Other operating charges | 640/8 | €1,404 | €1,249 | -€155 | -11.0% |
| Gross operating margin | 9900 | €90,468 | €96,270 | +€5,802 | +6.4% |
| Operating profit (loss) | 9901 | €87,602 | €88,293 | +€691 | +0.8% |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €180 | €192 | +€12 | +6.5% |
| Recurring financial charges | 65 | €180 | €192 | +€12 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €87,422 | €88,128 | +€706 | +0.8% |
| Income taxes | 67/77 | €24,691 | €24,675 | -€16 | -0.1% |
| Profit (loss) for the period | 9904 | €62,731 | €63,452 | +€722 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €62,731 | €63,452 | +€722 | +1.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.