A.A. FENNECS: what changed
A.A. FENNECS
Largest movements
- Receivables within one year -€1,629
down €1,629 (-100%), from €1,629 to €0
- Cash +€512
new in 2025: €512
mainly Receivables within one year (+€1,629) and Trade debts (+€100)
- Profit (loss) carried forward -€1,217
down €1,217 (-74.7%), from -€1,629 to -€2,846
- Trade debts +€100
new in 2025: €100
- Turnover +€3,101
up €3,101 (+49.1%), from €6,312 to €9,413
- Gross operating margin +€1,604
up €1,604 (+98.5%), from -€1,629 to -€25
- Purchases and services +€1,498
up €1,498 (+18.9%), from €7,941 to €9,439
- Staff costs +€1,096
new in 2025: €1,096
- Financial charges +€96
new in 2025: €96
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,629 | €512 | -€1,117 | -68.6% |
| Current assets | 29/58 | €1,629 | €512 | -€1,117 | -68.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,629 | €0 | -€1,629 | -100% |
| Trade receivables | 40 | €1,629 | - | -€1,629 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | - | €512 | +€512 | |
| Total equity and liabilities | 10/49 | €1,629 | €512 | -€1,117 | -68.6% |
| Equity | 10/15 | €1,629 | €412 | -€1,217 | -74.7% |
| Contributions | 10/11 | €3,258 | €3,258 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€1,629 | -€2,846 | -€1,217 | -74.7% |
| Amounts payable | 17/49 | - | €100 | +€100 | |
| Amounts payable within one year | 42/48 | - | €100 | +€100 | |
| Trade debts | 44 | - | €100 | +€100 | |
| Suppliers | 440/4 | - | €100 | +€100 | |
| Turnover | 70 | €6,312 | €9,413 | +€3,101 | +49.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,941 | €9,439 | +€1,498 | +18.9% |
| Remuneration, social security and pensions | 62 | - | €1,096 | +€1,096 | |
| Gross operating margin | 9900 | -€1,629 | -€25 | +€1,604 | +98.5% |
| Operating profit (loss) | 9901 | -€1,629 | -€1,121 | +€508 | +31.2% |
| Financial charges | 65/66B | - | €96 | +€96 | |
| Recurring financial charges | 65 | - | €96 | +€96 | |
| Profit (loss) for the period before taxes | 9903 | -€1,629 | -€1,217 | +€412 | +25.3% |
| Profit (loss) for the period | 9904 | -€1,629 | -€1,217 | +€412 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,629 | -€1,217 | +€412 | +25.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.