FAROSE: 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.
FAROSE
Largest movements
- Tangible fixed assets -€10,723
down €10,723 (-8.7%), from €123,917 to €113,194
of which Land and buildings: -€10,191
- Cash -€6,505
down €6,505 (-58.8%), from €11,058 to €4,553
mainly Net result for the year (-€7,757) and Tax, wage and social debts (-€7,364)
- Profit (loss) carried forward -€7,757
down €7,757 (-298.9%), from -€2,595 to -€10,352
- Tax, wage and social debts -€7,364
down €7,364 (-94.9%), from €7,761 to €397
- Gross operating margin -€65,311
down €65,311 (-79.5%), from €82,184 to €16,873
- Staff costs -€54,864
down €54,864 (-93.8%), from €58,474 to €3,609
- Other operating charges +€1,361
up €1,361 (+20.1%), from €6,773 to €8,134
- Financial charges -€1,162
down €1,162 (-30.5%), from €3,805 to €2,643
of which Non-recurring financial charges: -€1,186
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 | €142,756 | €126,083 | -€16,673 | -11.7% |
| Fixed assets | 21/28 | €124,447 | €113,724 | -€10,723 | -8.6% |
| Tangible fixed assets | 22/27 | €123,917 | €113,194 | -€10,723 | -8.7% |
| Land and buildings | 22 | €123,385 | €113,194 | -€10,191 | -8.3% |
| Furniture and vehicles | 24 | €532 | - | -€532 | |
| Financial fixed assets | 28 | €530 | €530 | = | 0.0% |
| Current assets | 29/58 | €18,309 | €12,359 | -€5,951 | -32.5% |
| Stocks and contracts in progress | 3 | €1,400 | €690 | -€710 | -50.7% |
| Stocks | 30/36 | €1,400 | €690 | -€710 | -50.7% |
| Amounts receivable within one year | 40/41 | €5,851 | €5,785 | -€66 | -1.1% |
| Other amounts receivable | 41 | €5,851 | €5,785 | -€66 | -1.1% |
| Cash at bank and in hand | 54/58 | €11,058 | €4,553 | -€6,505 | -58.8% |
| Deferred charges and accrued income | 490/1 | - | €1,330 | +€1,330 | |
| Total equity and liabilities | 10/49 | €142,756 | €126,083 | -€16,673 | -11.7% |
| Equity | 10/15 | €70,321 | €62,563 | -€7,757 | -11.0% |
| Contributions | 10/11 | €38,000 | €38,000 | = | 0.0% |
| Reserves | 13 | €34,916 | €34,916 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,800 | €3,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,800 | €3,800 | = | 0.0% |
| Distributable reserves | 133 | €31,116 | €31,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,595 | -€10,352 | -€7,757 | -298.9% |
| Amounts payable | 17/49 | €72,435 | €63,519 | -€8,916 | -12.3% |
| Amounts payable within one year | 42/48 | €72,435 | €63,519 | -€8,916 | -12.3% |
| Trade debts | 44 | €7,794 | €7,436 | -€358 | -4.6% |
| Suppliers | 440/4 | €7,794 | €7,436 | -€358 | -4.6% |
| Taxes, remuneration and social security | 45 | €7,761 | €397 | -€7,364 | -94.9% |
| Taxes | 450/3 | €7,761 | €397 | -€7,364 | -94.9% |
| Other amounts payable | 47/48 | €56,880 | €55,686 | -€1,193 | -2.1% |
| Remuneration, social security and pensions | 62 | €58,474 | €3,609 | -€54,864 | -93.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,124 | €10,723 | -€402 | -3.6% |
| Other operating charges | 640/8 | €6,773 | €8,134 | +€1,361 | +20.1% |
| Gross operating margin | 9900 | €82,184 | €16,873 | -€65,311 | -79.5% |
| Operating profit (loss) | 9901 | €5,813 | -€5,593 | -€11,406 | |
| Financial income | 75/76B | - | €509 | +€509 | |
| Recurring financial income | 75 | - | €509 | +€509 | |
| Non-recurring financial income | 76B | - | €509 | +€509 | |
| Financial charges | 65/66B | €3,805 | €2,643 | -€1,162 | -30.5% |
| Recurring financial charges | 65 | €277 | €300 | +€24 | +8.6% |
| Non-recurring financial charges | 66B | €3,529 | €2,343 | -€1,186 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €2,007 | -€7,727 | -€9,735 | |
| Income taxes | 67/77 | €237 | €30 | -€207 | -87.3% |
| Profit (loss) for the period | 9904 | €1,771 | -€7,757 | -€9,528 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,771 | -€7,757 | -€9,528 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.