FANSON
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €2.0m on 31-12-2025in euro
in euro
Position in the sector
-34.6%
Higher than 8% of 17,178 companies in 2025.
0.27
Higher than 21% of 16,475 companies in 2025.
-12.4%
Higher than 9% of 16,854 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€80,864
Staff costs divided by the average number of full-time equivalents.
+1 person
In 2025, 1 person joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
2.0m | 2.0m | 5.3m | 5.2m | 4.9m | 1.4m | 2.4m | 3.4m | 3.8m | 5.1m | 5.5m | 6.2m | 6.7m | 6.4m | 6.3m | 6.6m | 6.3m | 6.4m | 6.7m | |
21/28 |
1.7m | 1.7m | 1.7m | 1.5m | 1.4m | 1.4m | 1.8m | 2.4m | 3.1m | 3.1m | 4.0m | 4.3m | 4.3m | 4.0m | 4.7m | 5.4m | 4.7m | 4.8m | 5.6m | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 36 | 72 | - | - | - | - | |
22/27 |
1.7m | 1.7m | 1.7m | 1.5m | 1.4m | 1.4m | 1.8m | 2.1m | 2.2m | 2.3m | 3.1m | 3.4m | 3.5m | 3.1m | 3.8m | 4.0m | 4.1m | 4.2m | 4.2m | |
22 |
1.7m | 1.6m | 1.7m | 1.5m | 1.4m | 1.4m | 1.8m | 2.1m | 2.2m | 2.2m | 3.1m | 3.4m | 3.4m | 3.1m | 3.8m | 4.0m | 4.1m | 4.1m | 4.2m | |
23 |
36,090 | 41,739 | 47,388 | 49,384 | - | 0 | 382 | 509 | 825 | 1,687 | 2,550 | 3,447 | 252 | 226 | 366 | 2,195 | 4,101 | 5,941 | 7,941 | |
24 |
7,989 | 10,713 | 13,983 | 17,290 | 20,598 | 0 | 5,813 | 10,708 | 15,763 | 20,818 | 7,334 | 13,605 | 19,941 | 9,664 | 17,746 | 5,246 | 7,131 | 10,214 | 13,703 | |
26 |
- | - | - | - | - | 0 | 1,680 | 1,680 | 1,680 | 1,680 | 1,680 | 1,680 | 1,680 | 1,680 | 1,680 | 1,680 | 1,680 | 1,680 | 1,680 | |
27 |
7,864 | 7,864 | 7,864 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | 252,878 | 881,141 | 881,141 | 881,141 | 881,141 | 879,201 | 879,201 | 879,389 | 1.4m | 629,388 | 629,388 | 1.3m | |
29/58 |
277,898 | 302,759 | 3.5m | 3.6m | 3.5m | 12,434 | 565,258 | 1.0m | 706,826 | 1.9m | 1.5m | 1.8m | 2.3m | 2.3m | 1.7m | 1.2m | 1.6m | 1.6m | 1.1m | |
29 |
- | - | - | - | - | - | - | - | 189,562 | 120,530 | 491,412 | 496,846 | 502,107 | - | - | - | 700,000 | 700,000 | - | |
291 |
- | - | - | - | - | - | - | - | 189,562 | 120,530 | 491,412 | 496,846 | 502,107 | - | - | - | 700,000 | 700,000 | - | |
3 |
- | - | - | - | - | 1,386 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | 1,386 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
224,809 | 214,500 | 3.5m | 3.6m | 3.5m | 344 | 388,520 | 886,639 | 58,817 | 341,349 | 65,860 | 381,969 | 425,280 | 495,960 | 96,995 | 308,461 | 54,211 | 98,776 | 79,111 | |
40 |
7,544 | 7,544 | 7,544 | 7,544 | 5,344 | 344 | 81 | 21,674 | 9,855 | 7,663 | 9,469 | 6,912 | 33,693 | 116,711 | 10,753 | 4,584 | 11,284 | 59,709 | 3,190 | |
41 |
217,265 | 206,956 | 3.5m | 3.6m | 3.5m | 0 | 388,439 | 864,964 | 48,962 | 333,685 | 56,391 | 375,056 | 391,587 | 379,249 | 86,242 | 303,877 | 42,927 | 39,067 | 75,921 | |
50/53 |
- | - | - | - | - | 0 | 356 | 1,188 | 329,893 | 453,985 | 576,548 | 733,844 | 585,187 | 526,110 | 546,644 | 556,849 | 472,692 | 347,653 | 541,814 | |
54/58 |
53,088 | 38,259 | 3,483 | 8,139 | 6,981 | 7,561 | 129,027 | 66,244 | 29,551 | 881,088 | 223,895 | 28,255 | 567,664 | 1.1m | 732,830 | 1,416 | 1,698 | 39,096 | 36,849 | |
490/1 |
- | 50,000 | 10,695 | - | 147 | 3,143 | 47,355 | 68,437 | 99,003 | 122,414 | 150,532 | 206,420 | 238,931 | 259,301 | 291,456 | 330,427 | 370,243 | 412,403 | 458,372 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
2.0m | 2.0m | 5.3m | 5.2m | 4.9m | 1.4m | 2.4m | 3.4m | 3.8m | 5.1m | 5.5m | 6.2m | 6.7m | 6.4m | 6.3m | 6.6m | 6.3m | 6.4m | 6.7m | |
10/15 |
-700,705 | -449,684 | -460,065 | -287,119 | -396,001 | -314,141 | -532,496 | -501,524 | -73,295 | 34,717 | -23,348 | -123,098 | 35,012 | 110,837 | -299,922 | 5,117 | -122,539 | -309,205 | -563,200 | |
10/11 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | |
10 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | |
13 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,198 | 6,198 | 6,198 | 6,198 | 6,198 | |
130/1 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,198 | 6,198 | 6,198 | 6,198 | 6,198 | |
14 |
-768,876 | -517,855 | -528,236 | -355,290 | -464,172 | -382,311 | -600,666 | -569,694 | -141,466 | -33,454 | -91,518 | -191,268 | -33,158 | 42,667 | -368,093 | -63,054 | -190,710 | -377,376 | -631,371 | |
17/49 |
2.7m | 2.4m | 5.7m | 5.5m | 5.3m | 1.7m | 2.9m | 3.9m | 3.8m | 5.0m | 5.6m | 6.3m | 6.6m | 6.2m | 6.6m | 6.6m | 6.4m | 6.7m | 7.3m | |
17 |
1.7m | 1.7m | 1.7m | 1.7m | 1.7m | 1.7m | 2.7m | 3.1m | 3.2m | 3.4m | 4.5m | 4.7m | 4.8m | 4.1m | 5.1m | 5.4m | 5.7m | 6.1m | 6.2m | |
170/4 |
- | - | - | - | - | 0 | 1.1m | 1.5m | 1.9m | 2.1m | 3.2m | 3.5m | 3.8m | 4.1m | 5.1m | 5.4m | 5.7m | 6.1m | 6.2m | |
176 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25,000 | |
178/9 |
1.7m | 1.7m | 1.7m | 1.7m | 1.7m | 1.7m | 1.6m | 1.6m | 1.3m | 1.3m | 1.3m | 1.2m | 1.0m | - | - | - | - | - | - | |
42/48 |
1.0m | 734,592 | 4.0m | 3.8m | 3.6m | 20,446 | 187,987 | 821,090 | 650,846 | 1.6m | 1.0m | 1.5m | 1.8m | 2.1m | 1.5m | 1.1m | 686,713 | 604,467 | 967,400 | |
42 |
- | - | - | - | - | 0 | 76,652 | 200,151 | 248,810 | 1.1m | 289,068 | 286,595 | 281,386 | 263,897 | 248,531 | 242,350 | 234,360 | 202,290 | 193,882 | |
43 |
- | - | - | - | - | - | - | - | - | 36 | - | 250,061 | 250,063 | 250,088 | 250,074 | 242 | 250,322 | 215,066 | 390,652 | |
430/8 |
- | - | - | - | - | - | - | - | - | 36 | - | 250,061 | 250,063 | 250,088 | 250,074 | 242 | 250,322 | 215,066 | 390,652 | |
44 |
1,921 | 1,403 | 184,703 | 1,403 | 1,403 | 14,390 | 6,168 | 116,289 | 13,277 | 56,808 | 44,070 | 46,847 | 67,473 | 284,641 | 497,219 | 60,453 | 69,963 | 74,430 | 16,405 | |
440/4 |
1,921 | 1,403 | 184,703 | 1,403 | 1,403 | 14,390 | 6,168 | 116,289 | 13,277 | 56,808 | 44,070 | 46,847 | 67,473 | 284,641 | 497,219 | 60,453 | 69,963 | 74,430 | 16,405 | |
45 |
27,476 | 13,397 | 13,397 | 13,397 | 535 | 1,455 | 3,585 | 3,273 | 1,240 | 5,287 | 1,187 | 12,043 | 18,954 | 8,957 | 4,901 | 12,116 | 10,727 | 86,885 | 1,752 | |
450/3 |
18,217 | 13,397 | 13,397 | 13,397 | 535 | 1,455 | 3,585 | 3,273 | 1,240 | 5,287 | 1,187 | 3,487 | 11,436 | 5,709 | 3,085 | 5,063 | 8,959 | 83,832 | 73 | |
454/9 |
9,259 | - | - | - | - | - | - | - | - | - | - | 8,557 | 7,518 | 3,248 | 1,816 | 7,053 | 1,768 | 3,053 | 1,679 | |
47/48 |
1.0m | 719,792 | 3.8m | 3.8m | 3.6m | 4,600 | 101,583 | 501,376 | 387,519 | 451,835 | 685,457 | 939,379 | 1.2m | 1.3m | 544,815 | 811,316 | 121,341 | 25,796 | 364,709 | |
492/3 |
- | 61 | 2,343 | - | 810 | 0 | 120 | 225 | 39,603 | 43,366 | 55,607 | 52,756 | 20,136 | 14,660 | 18,591 | 11,984 | 10,118 | 13,979 | 47,535 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | 32,144 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | - | - | - | - | 0 | 15,000 | 1,695 | - | - | 386,711 | - | - | 664,419 | 233,371 | 1,240 | - | 164,683 | 50,377 | |
9900 |
-83,579 | 161,820 | -73,205 | -10,280 | -87,117 | 370,173 | 12,959 | 30,549 | 153,425 | 202,267 | 58,146 | 160,079 | 293,405 | 86,648 | -64,899 | 506,549 | 523,328 | 747,931 | 269,287 | |
60/61 |
- | - | - | - | 160,763 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
62 |
16,173 | 772 | -113 | 868 | - | - | - | - | - | 126 | 19,712 | 44,731 | 38,060 | 17,773 | 31,641 | 32,359 | 22,647 | 22,167 | 21,687 | |
630 |
85,807 | 93,555 | 86,835 | 82,045 | 71,022 | 87,476 | 96,319 | 100,820 | 98,561 | 103,492 | 136,061 | 147,793 | 143,718 | 105,648 | 131,767 | 135,783 | 136,536 | 129,075 | 306,435 | |
640/8 |
40,065 | 18,203 | 1,111 | 11,351 | 11,087 | 13,878 | 23,516 | 12,891 | 24,423 | 5,099 | 16,181 | 16,644 | 17,456 | 24,563 | 17,410 | 16,260 | 17,564 | 16,290 | 14,118 | |
66A |
350 | 11,815 | 7,050 | 2,000 | - | 0 | 26,417 | 148,263 | 53,420 | - | - | 3,010 | 1,445 | 6,211 | 585 | 540 | 350 | 335 | 544,460 | |
9901 |
-225,973 | 37,475 | -168,089 | -106,543 | -169,226 | 268,819 | -133,293 | -231,425 | -22,979 | 93,550 | -113,808 | -49,089 | 94,171 | -61,336 | -245,717 | 322,147 | 346,581 | 580,399 | -72,953 | |
75/76B |
- | 10,114 | - | 234,807 | 88,435 | 6,108 | 136,054 | 15,170 | 26,377 | 147,747 | 38,069 | 52,163 | 31,982 | 31,722 | 12,059 | 3,280 | 36,421 | 46,853 | 57,761 | |
75 |
- | 10,114 | - | 234,807 | 88,435 | 6,108 | 1,909 | 15,170 | 26,377 | 23,371 | 38,069 | 52,163 | 31,982 | 31,722 | 12,059 | 3,280 | 36,421 | 46,853 | 57,761 | |
76B |
- | - | - | - | - | 0 | 134,145 | - | - | 124,377 | - | - | - | - | - | - | - | - | - | |
65/66B |
7,913 | 25,201 | 4,857 | 6,519 | 368 | 56,405 | 33,723 | 211,212 | 110,807 | 182,976 | 211,051 | 157,834 | 200,218 | 210,624 | 304,167 | 198,471 | 195,984 | 537,605 | 281,005 | |
65 |
7,913 | 25,201 | 4,857 | 6,519 | 368 | 56,405 | 33,723 | 211,212 | 110,807 | 182,976 | 211,051 | 157,834 | 200,218 | 210,624 | 304,167 | 198,471 | 195,984 | 537,605 | 281,005 | |
9903 |
-233,886 | 22,388 | -172,946 | 121,744 | -81,159 | 218,522 | -30,963 | -427,468 | -107,410 | 58,321 | 99,921 | -157,770 | -75,510 | 417,970 | -305,039 | 127,656 | 186,668 | 253,995 | -790,280 | |
67/77 |
17,135 | 12,007 | - | 12,862 | 702 | 167 | 9 | 761 | 602 | 257 | 171 | 341 | 315 | 7,210 | - | - | 2 | - | - | |
9904 |
-251,021 | 10,381 | -172,946 | 108,882 | -81,861 | 218,355 | -30,972 | -428,229 | -108,012 | 58,064 | 99,750 | -158,111 | -75,825 | 410,760 | -305,039 | 127,656 | 186,666 | 253,995 | -790,280 | |
9905 |
-251,021 | 10,381 | -172,946 | 108,882 | -81,861 | 218,355 | -30,972 | -428,229 | -108,012 | 58,064 | 99,750 | -158,111 | -75,825 | 410,760 | -305,039 | 127,656 | 186,666 | 253,995 | -790,280 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-768,876 | -517,855 | -528,236 | -355,290 | -464,172 | -382,311 | -600,666 | -569,694 | -141,466 | -33,454 | -91,518 | -191,268 | -33,158 | 42,667 | -368,093 | -63,054 | -190,710 | -377,376 | -631,371 | |
14P |
-517,855 | -528,236 | -355,290 | -464,172 | -382,311 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
0.2 | - | - | - | - | - | - | - | - | - | 0.4 | 1 | 0.6 | 0.6 | 1.3 | 1.3 | 1 | 1 | 1 | |
Hours worked1013 |
274 | - | - | - | - | - | - | - | - | - | 813 | 1,634 | 981 | 950 | 1,877 | 2,113 | 1,763 | 1,763 | 1,649 | |
| Document | ||||||||||||||||||||
The accounts for 11 older financial years (1996-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00364069 | |
| 31-12-2024 | micro format | 30-07-2026 | 2026-00356992 | |
| 31-12-2023 | micro format | 30-07-2026 | 2026-00355249 | |
| 31-12-2022 | abbreviated format | 29-07-2026 | 2026-00347668 | |
| 31-12-2022 | micro format | 22-08-2025 | 2025-00393380 | |
| 31-12-2021 | abbreviated format | 30-05-2026 | 2026-00127556 | |
| 31-12-2021 | micro format | 22-08-2025 | 2025-00393041 | |
| 31-12-2020 | micro format | 25-08-2021 | 2021-53800336 | |
| 31-12-2019 | micro format | 29-07-2020 | 2020-37600286 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59300465 | |
| 31-12-2017 | micro format | 17-08-2018 | 2018-48200557 | |
| 31-12-2016 | micro format | 24-08-2017 | 2017-49300410 | |
| 31-12-2015 | abbreviated format | 14-07-2016 | 2016-31600398 | |
| 31-12-2014 | abbreviated format | 29-07-2015 | 2015-37100495 | |
| 31-12-2013 | abbreviated format | 25-08-2014 | 2014-46600304 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-53100028 | |
| 31-12-2011 | abbreviated format | 29-08-2012 | 2012-50300232 | |
| 31-12-2010 | abbreviated format | 30-08-2011 | 2011-51400326 | |
| 31-12-2009 | abbreviated format | 11-06-2010 | 2010-17100100 | |
| 31-12-2008 | abbreviated format | 24-08-2009 | 2009-63900329 | |
| 31-12-2007 | abbreviated format | 30-09-2008 | 2008-77300228 | |
| 31-12-2006 | abbreviated format | 28-09-2007 | 2007-74500388 | |
| 31-12-2005 | abbreviated format | 28-06-2006 | 2006-34205164 | |
| 31-12-2004 | abbreviated format | 24-06-2005 | 2005-32800388 | |
| 31-12-2003 | abbreviated format | 07-07-2004 | 2004-41403519 | |
| 31-12-2002 | full format | 26-06-2003 | 2003-31300235 | |
| 31-12-2001 | abbreviated format | 19-07-2002 | 2002-39801787 | |
| 31-12-2000 | full format | 13-08-2001 | 2001-49704303 | |
| 31-12-1999 | abbreviated format | 20-06-2000 | 2000-24600334 | |
| 31-12-1998 | full format | 29-10-1999 | 1999-56004306 | |
| 31-12-1997 | abbreviated format | 22-06-1998 | 1998-20301743 | |
| 31-12-1996 | abbreviated format | 19-06-1997 | 1997-17601133 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -140,166 | 131,031 | -81,254 | -24,499 | -98,204 | 356,295 | -36,974 | -130,605 | 75,582 | 197,043 | 22,253 | 98,704 | 237,889 | 44,312 | -113,950 | 457,930 | 483,117 | 709,474 | 233,482 | ||
| -165,215 | 103,937 | -86,111 | 190,927 | -10,839 | 305,831 | 65,347 | -327,409 | -9,451 | 161,557 | 235,811 | -10,318 | 67,893 | 516,408 | -173,272 | 263,439 | 323,202 | 383,070 | -483,845 | ||
| 160,232 | 19,397 | 292,213 | 201,239 | 108,948 | -322,227 | 3,567 | 23,751 | 19,272 | 24,474 | 1,862 | 129,761 | 490,818 | 19,099 | 282,622 | 61,015 | 61,322 | 41,377 | 2.4m | ||
| 14,830 | 34,776 | -4,656 | 1,158 | -580 | -121,466 | 62,784 | 36,693 | -851,537 | 657,193 | 195,640 | -539,409 | -500,208 | 335,042 | 731,414 | -282 | -37,398 | 2,247 | - | ||
| -757,341 | -431,833 | -514,091 | -138,110 | -126,988 | -8,012 | 377,271 | 201,418 | 55,980 | 353,278 | 488,465 | 312,410 | 538,601 | 223,401 | 122,385 | 70,676 | 912,131 | 993,461 | 148,746 | ||
| -34.6% | -22.8% | -8.7% | -5.5% | -8.1% | -22.5% | -22.6% | -14.8% | -1.9% | 0.7% | -0.4% | -2.0% | 0.5% | 1.7% | -4.7% | 0.1% | -1.9% | -4.8% | -8.4% | ||
| 0.27 | 0.41 | 0.87 | 0.96 | 0.96 | 0.61 | 3.01 | 1.25 | 1.09 | 1.23 | 1.48 | 1.20 | 1.30 | 1.11 | 1.08 | 1.06 | 2.33 | 2.64 | 1.15 | ||
| 0.27 | 0.41 | 0.87 | 0.96 | 0.96 | 0.54 | 3.01 | 1.25 | 1.09 | 1.23 | 1.48 | 1.20 | 1.30 | 1.11 | 1.08 | 1.06 | 2.33 | 2.64 | 1.15 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 56.35 | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | 167.3% | - | - | -216.6% | 370.6% | - | - | - | - | - | ||
| -12.4% | 0.5% | -3.3% | 2.1% | -1.7% | 15.6% | -1.3% | -12.6% | -2.9% | 1.1% | 1.8% | -2.6% | -1.1% | 6.5% | -4.8% | 1.9% | 3.0% | 4.0% | -11.8% | ||
| -17.71 | 5.20 | -16.73 | -3.76 | -266.89 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | 61 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | 3 days | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| 0.2 | |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €160,232 | €19,397 | €292,213 | €201,239 | €108,948 |
| €85,807 | €93,555 | €86,835 | €82,045 | €71,022 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FANSON
The operating result for 2025 is a loss of €225,973, after a profit of €37,475 in 2024. It is the lowest result since 2018.
Equity is negative. Debt (€2.7m) exceeds the balance-sheet total (€2.0m).