Farratec: 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.
Farratec
Largest movements
- Tangible fixed assets -€17,106
down €17,106 (-58.6%), from €29,174 to €12,068
of which Furniture and vehicles: -€16,484
- Receivables within one year +€12,752
up €12,752 (+27.3%), from €46,770 to €59,522
of which Trade receivables: +€8,660
- Cash +€2,681
up €2,681 (+220.4%), from €1,216 to €3,897
mainly Net result for the year (+€24,297) and Depreciation (+€17,106)
- Reserves +€18,397
up €18,397 (+18.6%), from €98,784 to €117,181
- Tax, wage and social debts -€10,918
down €10,918 (-39.1%), from €27,906 to €16,989
of which Taxes: -€9,788
- Debts after one year -€8,146
down €8,146 (-37.2%), from €21,889 to €13,743
- Gross operating margin -€7,405
down €7,405 (-12.5%), from €59,105 to €51,700
- Taxes -€1,021
down €1,021 (-12.5%), from €8,154 to €7,133
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 | €161,876 | €160,281 | -€1,596 | -1.0% |
| Fixed assets | 21/28 | €29,174 | €12,068 | -€17,106 | -58.6% |
| Tangible fixed assets | 22/27 | €29,174 | €12,068 | -€17,106 | -58.6% |
| Furniture and vehicles | 24 | €26,106 | €9,621 | -€16,484 | -63.1% |
| Other tangible fixed assets | 26 | €3,068 | €2,447 | -€621 | -20.2% |
| Current assets | 29/58 | €132,703 | €148,213 | +€15,510 | +11.7% |
| Amounts receivable after more than one year | 29 | €84,000 | €84,000 | = | 0.0% |
| Other amounts receivable | 291 | €84,000 | €84,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,770 | €59,522 | +€12,752 | +27.3% |
| Trade receivables | 40 | €10,406 | €19,067 | +€8,660 | +83.2% |
| Other amounts receivable | 41 | €36,364 | €40,456 | +€4,092 | +11.3% |
| Cash at bank and in hand | 54/58 | €1,216 | €3,897 | +€2,681 | +220.4% |
| Deferred charges and accrued income | 490/1 | €716 | €794 | +€77 | +10.8% |
| Total equity and liabilities | 10/49 | €161,876 | €160,281 | -€1,596 | -1.0% |
| Equity | 10/15 | €102,784 | €121,181 | +€18,397 | +17.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €98,784 | €117,181 | +€18,397 | +18.6% |
| Distributable reserves | 133 | €98,784 | €117,181 | +€18,397 | +18.6% |
| Amounts payable | 17/49 | €59,093 | €39,100 | -€19,993 | -33.8% |
| Amounts payable after more than one year | 17 | €21,889 | €13,743 | -€8,146 | -37.2% |
| Financial debts | 170/4 | €21,889 | €13,743 | -€8,146 | -37.2% |
| Amounts payable within one year | 42/48 | €37,204 | €25,356 | -€11,847 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €7,756 | €8,146 | +€390 | +5.0% |
| Trade debts | 44 | €1,478 | €222 | -€1,256 | -85.0% |
| Suppliers | 440/4 | €1,478 | €222 | -€1,256 | -85.0% |
| Taxes, remuneration and social security | 45 | €27,906 | €16,989 | -€10,918 | -39.1% |
| Taxes | 450/3 | €26,776 | €16,989 | -€9,788 | -36.6% |
| Remuneration and social security | 454/9 | €1,130 | - | -€1,130 | |
| Other amounts payable | 47/48 | €63 | - | -€63 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,565 | €17,106 | +€541 | +3.3% |
| Other operating charges | 640/8 | €1,288 | €1,689 | +€402 | +31.2% |
| Gross operating margin | 9900 | €59,105 | €51,700 | -€7,405 | -12.5% |
| Operating profit (loss) | 9901 | €41,252 | €32,904 | -€8,348 | -20.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -40.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -40.0% |
| Financial charges | 65/66B | €1,785 | €1,474 | -€311 | -17.4% |
| Recurring financial charges | 65 | €1,785 | €1,474 | -€311 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €39,467 | €31,430 | -€8,037 | -20.4% |
| Income taxes | 67/77 | €8,154 | €7,133 | -€1,021 | -12.5% |
| Profit (loss) for the period | 9904 | €31,313 | €24,297 | -€7,016 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,313 | €24,297 | -€7,016 | -22.4% |
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 3 October 2026 via checked.be.