FAROUNI: 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.
FAROUNI
Largest movements
- Stocks and contracts +€82,642
up €82,642 (+412%), from €20,042 to €102,684
- Tangible fixed assets -€54,952
down €54,952 (-53.8%), from €102,130 to €47,178
of which Land and buildings: -€80,272
- Receivables within one year -€30,471
down €30,471 (-96.0%), from €31,732 to €1,261
- Profit (loss) carried forward +€202,598
up €202,598 (+201%), from €100,575 to €303,172
- Tax, wage and social debts -€114,774
down €114,774 (-81.6%), from €140,681 to €25,908
of which Remuneration and social security: -€100,000
- Trade debts -€93,016
down €93,016 (-34.8%), from €267,321 to €174,304
- Debts after one year +€19,154
new in 2024: €19,154
- Other debts -€15,088
down €15,088 (-14.5%), from €103,900 to €88,812
- Gross operating margin +€285,474
up €285,474 (+42.2%), from €676,531 to €962,005
- Turnover +€191,365
up €191,365 (+12.4%), from €1.5m to €1.7m
- Staff costs +€181,751
up €181,751 (+48.3%), from €376,251 to €558,002
- Purchases and services -€94,109
down €94,109 (-10.8%), from €867,507 to €773,397
- Taxes +€61,295
new in 2024: €61,295
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €631,077 | €634,152 | +€3,075 | +0.5% |
| Fixed assets | 21/28 | €125,720 | €70,768 | -€54,952 | -43.7% |
| Tangible fixed assets | 22/27 | €102,130 | €47,178 | -€54,952 | -53.8% |
| Land and buildings | 22 | €80,272 | - | -€80,272 | |
| Plant, machinery and equipment | 23 | €1,936 | €1,466 | -€471 | -24.3% |
| Furniture and vehicles | 24 | €16,020 | €35,228 | +€19,208 | +120% |
| Leasing and similar rights | 25 | €2,379 | - | -€2,379 | |
| Other tangible fixed assets | 26 | €1,522 | €10,484 | +€8,962 | +589% |
| Financial fixed assets | 28 | €23,590 | €23,590 | = | 0.0% |
| Current assets | 29/58 | €505,356 | €563,383 | +€58,027 | +11.5% |
| Stocks and contracts in progress | 3 | €20,042 | €102,684 | +€82,642 | +412% |
| Stocks | 30/36 | €20,042 | €102,684 | +€82,642 | +412% |
| Amounts receivable within one year | 40/41 | €31,732 | €1,261 | -€30,471 | -96.0% |
| Trade receivables | 40 | €31,732 | €1,261 | -€30,471 | -96.0% |
| Cash at bank and in hand | 54/58 | €453,582 | €459,438 | +€5,856 | +1.3% |
| Total equity and liabilities | 10/49 | €631,077 | €634,152 | +€3,075 | +0.5% |
| Equity | 10/15 | €119,175 | €321,772 | +€202,598 | +170% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,575 | €303,172 | +€202,598 | +201% |
| Amounts payable | 17/49 | €511,902 | €312,380 | -€199,522 | -39.0% |
| Amounts payable after more than one year | 17 | - | €19,154 | +€19,154 | |
| Financial debts | 170/4 | - | €19,154 | +€19,154 | |
| Amounts payable within one year | 42/48 | €511,902 | €293,225 | -€218,677 | -42.7% |
| Financial debts | 43 | - | €4,201 | +€4,201 | |
| Credit institutions | 430/8 | - | €4,201 | +€4,201 | |
| Trade debts | 44 | €267,321 | €174,304 | -€93,016 | -34.8% |
| Suppliers | 440/4 | €267,321 | €174,304 | -€93,016 | -34.8% |
| Taxes, remuneration and social security | 45 | €140,681 | €25,908 | -€114,774 | -81.6% |
| Taxes | 450/3 | €40,681 | €25,908 | -€14,774 | -36.3% |
| Remuneration and social security | 454/9 | €100,000 | - | -€100,000 | |
| Other amounts payable | 47/48 | €103,900 | €88,812 | -€15,088 | -14.5% |
| Turnover | 70 | €1,544,037 | €1,735,402 | +€191,365 | +12.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €867,507 | €773,397 | -€94,109 | -10.8% |
| Remuneration, social security and pensions | 62 | €376,251 | €558,002 | +€181,751 | +48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,596 | €15,353 | +€2,757 | +21.9% |
| Other operating charges | 640/8 | €27,902 | €31,589 | +€3,687 | +13.2% |
| Gross operating margin | 9900 | €676,531 | €962,005 | +€285,474 | +42.2% |
| Operating profit (loss) | 9901 | €259,781 | €357,060 | +€97,279 | +37.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,396 | €12,668 | +€6,272 | +98.1% |
| Recurring financial charges | 65 | €6,396 | €12,668 | +€6,272 | +98.1% |
| Profit (loss) for the period before taxes | 9903 | €253,386 | €344,393 | +€91,007 | +35.9% |
| Income taxes | 67/77 | - | €61,295 | +€61,295 | |
| Profit (loss) for the period | 9904 | €253,386 | €283,098 | +€29,712 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €253,386 | €283,098 | +€29,712 | +11.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.