FARUK: 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.
FARUK
Largest movements
- Receivables within one year +€2,533
up €2,533 (+22.2%), from €11,428 to €13,961
of which Other amounts receivable: +€8,159
- Tangible fixed assets -€530
down €530 (-42.9%), from €1,237 to €707
of which Plant, machinery and equipment: -€330
- Deferred charges and accrued income +€245
up €245 (+31.2%), from €785 to €1,030
- Profit (loss) carried forward +€5,630
up €5,630 (+63.3%), from -€8,900 to -€3,270
- Trade debts -€3,902
down €3,902 (-95.6%), from €4,081 to €179
- Tax, wage and social debts +€381
up €381 (+8.7%), from €4,381 to €4,762
- Gross operating margin +€3,186
up €3,186 (+94.9%), from €3,355 to €6,541
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.
Derived cash bridge
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 | €18,647 | €20,756 | +€2,109 | +11.3% |
| Fixed assets | 21/28 | €1,237 | €707 | -€530 | -42.9% |
| Tangible fixed assets | 22/27 | €1,237 | €707 | -€530 | -42.9% |
| Plant, machinery and equipment | 23 | €770 | €440 | -€330 | -42.9% |
| Furniture and vehicles | 24 | €467 | €267 | -€200 | -42.9% |
| Current assets | 29/58 | €17,411 | €20,049 | +€2,639 | +15.2% |
| Stocks and contracts in progress | 3 | €2,660 | €2,475 | -€185 | -6.9% |
| Stocks | 30/36 | €2,660 | €2,475 | -€185 | -6.9% |
| Amounts receivable within one year | 40/41 | €11,428 | €13,961 | +€2,533 | +22.2% |
| Trade receivables | 40 | €5,626 | - | -€5,626 | |
| Other amounts receivable | 41 | €5,802 | €13,961 | +€8,159 | +141% |
| Cash at bank and in hand | 54/58 | €2,538 | €2,583 | +€46 | +1.8% |
| Deferred charges and accrued income | 490/1 | €785 | €1,030 | +€245 | +31.2% |
| Total equity and liabilities | 10/49 | €18,647 | €20,756 | +€2,109 | +11.3% |
| Equity | 10/15 | €10,185 | €15,815 | +€5,630 | +55.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €485 | €485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €485 | €485 | = | 0.0% |
| Reserves not available under the articles | 1311 | €485 | €485 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,900 | -€3,270 | +€5,630 | +63.3% |
| Amounts payable | 17/49 | €8,462 | €4,941 | -€3,521 | -41.6% |
| Amounts payable within one year | 42/48 | €8,462 | €4,941 | -€3,521 | -41.6% |
| Trade debts | 44 | €4,081 | €179 | -€3,902 | -95.6% |
| Suppliers | 440/4 | €4,081 | €179 | -€3,902 | -95.6% |
| Taxes, remuneration and social security | 45 | €4,381 | €4,762 | +€381 | +8.7% |
| Taxes | 450/3 | €4,381 | €4,762 | +€381 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530 | €530 | = | 0.0% |
| Other operating charges | 640/8 | €318 | €320 | +€2 | +0.6% |
| Gross operating margin | 9900 | €3,355 | €6,541 | +€3,186 | +94.9% |
| Operating profit (loss) | 9901 | €2,507 | €5,691 | +€3,184 | +127% |
| Financial charges | 65/66B | - | €61 | +€61 | |
| Recurring financial charges | 65 | - | €61 | +€61 | |
| Profit (loss) for the period before taxes | 9903 | €2,507 | €5,630 | +€3,123 | +125% |
| Profit (loss) for the period | 9904 | €2,507 | €5,630 | +€3,123 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €2,507 | €5,630 | +€3,123 | +125% |
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 13 October 2026 via checked.be.