FARVER: 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.
FARVER
Largest movements
- Deferred charges and accrued income -€2,445
no longer reported in 2025 (was €2,445)
- Tangible fixed assets -€1,428
down €1,428 (-25.7%), from €5,553 to €4,125
of which Plant, machinery and equipment: -€851
- Cash +€704
up €704 (+15.4%), from €4,570 to €5,274
mainly Other debts (+€6,963) and Deferred charges and accrued income (+€2,445)
- Receivables within one year +€657
up €657 (+16.7%), from €3,944 to €4,601
- Profit (loss) carried forward -€6,985
down €6,985 (-4.4%), from -€157,321 to -€164,307
- Other debts +€6,963
up €6,963 (+10.0%), from €69,304 to €76,267
- Trade debts -€2,713
down €2,713 (-95.7%), from €2,835 to €122
- Accrued charges and deferred income +€223
up €223 (+118.0%), from €189 to €412
- Gross operating margin +€9,693
up €9,693 (+67.8%), from -€14,287 to -€4,593
- Financial charges -€966
down €966 (-65.9%), from €1,466 to €501
- Other operating charges -€334
down €334 (-32.8%), from €1,021 to €686
- Financial income -€201
down €201 (-47.3%), from €424 to €224
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 | €16,512 | €14,000 | -€2,512 | -15.2% |
| Fixed assets | 21/28 | €5,553 | €4,125 | -€1,428 | -25.7% |
| Tangible fixed assets | 22/27 | €5,553 | €4,125 | -€1,428 | -25.7% |
| Plant, machinery and equipment | 23 | €3,381 | €2,530 | -€851 | -25.2% |
| Furniture and vehicles | 24 | €2,172 | €1,595 | -€577 | -26.6% |
| Current assets | 29/58 | €10,959 | €9,875 | -€1,084 | -9.9% |
| Amounts receivable within one year | 40/41 | €3,944 | €4,601 | +€657 | +16.7% |
| Other amounts receivable | 41 | €3,944 | €4,601 | +€657 | +16.7% |
| Cash at bank and in hand | 54/58 | €4,570 | €5,274 | +€704 | +15.4% |
| Deferred charges and accrued income | 490/1 | €2,445 | - | -€2,445 | |
| Total equity and liabilities | 10/49 | €16,512 | €14,000 | -€2,512 | -15.2% |
| Equity | 10/15 | -€55,816 | -€62,801 | -€6,985 | -12.5% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €2,348 | €2,348 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,348 | €2,348 | = | 0.0% |
| Legal reserve | 130 | €2,348 | €2,348 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€157,321 | -€164,307 | -€6,985 | -4.4% |
| Amounts payable | 17/49 | €72,327 | €76,801 | +€4,473 | +6.2% |
| Amounts payable within one year | 42/48 | €72,138 | €76,389 | +€4,250 | +5.9% |
| Trade debts | 44 | €2,835 | €122 | -€2,713 | -95.7% |
| Suppliers | 440/4 | €2,835 | €122 | -€2,713 | -95.7% |
| Other amounts payable | 47/48 | €69,304 | €76,267 | +€6,963 | +10.0% |
| Accrued charges and deferred income | 492/3 | €189 | €412 | +€223 | +118.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,351 | €1,428 | +€77 | +5.7% |
| Other operating charges | 640/8 | €1,021 | €686 | -€334 | -32.8% |
| Gross operating margin | 9900 | -€14,287 | -€4,593 | +€9,693 | +67.8% |
| Operating profit (loss) | 9901 | -€16,659 | -€6,708 | +€9,951 | +59.7% |
| Financial income | 75/76B | €424 | €224 | -€201 | -47.3% |
| Recurring financial income | 75 | €424 | €224 | -€201 | -47.3% |
| Financial charges | 65/66B | €1,466 | €501 | -€966 | -65.9% |
| Recurring financial charges | 65 | €1,466 | €501 | -€966 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,701 | -€6,985 | +€10,716 | +60.5% |
| Profit (loss) for the period | 9904 | -€17,701 | -€6,985 | +€10,716 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,701 | -€6,985 | +€10,716 | +60.5% |
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 5 October 2026 via checked.be.