FARTRADE: 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.
FARTRADE
Largest movements
- Cash -€3,933
down €3,933 (-83.5%), from €4,710 to €777
mainly Investment in fixed assets (net) (-€2,475) and Net result for the year (-€1,315)
- Receivables within one year +€1,065
up €1,065 (+38.7%), from €2,755 to €3,820
of which Other amounts receivable: +€1,338
- Tangible fixed assets +€859
up €859 (+32.1%), from €2,678 to €3,537
of which Plant, machinery and equipment: +€1,220
- Profit (loss) carried forward -€1,315
down €1,315 (-39.1%), from €3,361 to €2,046
- Other debts -€444
no longer reported in 2025 (was €444)
- Trade debts -€286
down €286 (-30.5%), from €938 to €652
- Gross operating margin -€2,726
down €2,726 (-83.3%), from €3,272 to €546
- Depreciation +€1,073
up €1,073 (+197.6%), from €543 to €1,616
- Taxes -€499
down €499 (-93.3%), from €535 to €36
- Other operating charges -€402
no longer reported in 2025 (was €402)
- Financial income +€44
new in 2025: €44
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 | €17,643 | €15,634 | -€2,009 | -11.4% |
| Fixed assets | 21/28 | €10,178 | €11,037 | +€859 | +8.4% |
| Tangible fixed assets | 22/27 | €2,678 | €3,537 | +€859 | +32.1% |
| Plant, machinery and equipment | 23 | €2,317 | €3,537 | +€1,220 | +52.7% |
| Furniture and vehicles | 24 | €361 | - | -€361 | |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €7,465 | €4,597 | -€2,868 | -38.4% |
| Amounts receivable within one year | 40/41 | €2,755 | €3,820 | +€1,065 | +38.7% |
| Trade receivables | 40 | €737 | €464 | -€273 | -37.0% |
| Other amounts receivable | 41 | €2,018 | €3,356 | +€1,338 | +66.3% |
| Cash at bank and in hand | 54/58 | €4,710 | €777 | -€3,933 | -83.5% |
| Total equity and liabilities | 10/49 | €17,643 | €15,634 | -€2,009 | -11.4% |
| Equity | 10/15 | €15,761 | €14,446 | -€1,315 | -8.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,361 | €2,046 | -€1,315 | -39.1% |
| Amounts payable | 17/49 | €1,882 | €1,188 | -€694 | -36.9% |
| Amounts payable within one year | 42/48 | €1,882 | €1,188 | -€694 | -36.9% |
| Trade debts | 44 | €938 | €652 | -€286 | -30.5% |
| Suppliers | 440/4 | €938 | €652 | -€286 | -30.5% |
| Taxes, remuneration and social security | 45 | €500 | €536 | +€36 | +7.2% |
| Taxes | 450/3 | €500 | €536 | +€36 | +7.2% |
| Other amounts payable | 47/48 | €444 | - | -€444 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €543 | €1,616 | +€1,073 | +197.6% |
| Other operating charges | 640/8 | €402 | - | -€402 | |
| Non-recurring operating charges | 66A | €1 | €63 | +€62 | +6200.0% |
| Gross operating margin | 9900 | €3,272 | €546 | -€2,726 | -83.3% |
| Operating profit (loss) | 9901 | €2,326 | -€1,133 | -€3,459 | |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €161 | €190 | +€29 | +18.0% |
| Recurring financial charges | 65 | €161 | €190 | +€29 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €2,165 | -€1,279 | -€3,444 | |
| Income taxes | 67/77 | €535 | €36 | -€499 | -93.3% |
| Profit (loss) for the period | 9904 | €1,630 | -€1,315 | -€2,945 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,630 | -€1,315 | -€2,945 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.