F'ANI VETO: what changed
What changed
F'ANI VETO
NACE 75.000, Veterinary services
filed annual accounts (NBB)
Net result for the year
€1,581
2024 · €44,101-€42,520
Equity
€250,403
2024 · €248,822+€1,581
Cash
€323,271
2024 · €234,773+€88,498
Balance sheet total
€404,847
2024 · €394,799+€10,047
Largest movements
Assets
- Cash +€88,498
up €88,498 (+37.7%), from €234,773 to €323,271
mainly Current investments (+€50,000) and Depreciation (+€33,314)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Intangible fixed assets -€25,000
down €25,000 (-88.9%), from €28,125 to €3,125
- Deferred charges and accrued income +€8,837
up €8,837 (+115%), from €7,660 to €16,497
- Tangible fixed assets -€8,314
down €8,314 (-23.7%), from €35,070 to €26,756
of which Land and buildings: -€4,374
Equity and liabilities
- Tax, wage and social debts +€6,950
up €6,950 (+40.7%), from €17,085 to €24,035
of which Remuneration and social security: +€4,253
Income statement
- Gross operating margin -€57,468
down €57,468 (-39.4%), from €145,867 to €88,399
- Taxes -€10,276
down €10,276 (-89.5%), from €11,479 to €1,203
- Staff costs -€3,202
down €3,202 (-6.5%), from €48,956 to €45,754
- Financial charges -€1,474
down €1,474 (-14.6%), from €10,074 to €8,600
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.
Result 2024
€44,101
Gross operating margin
-€57,468
Staff costs
+€3,202
Depreciation
-€548
Other operating charges
+€812
Financial income
-€268
Financial charges
+€1,474
Taxes
+€10,276
Result 2025
€1,581
raises the resultlowers the result
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.
From operations
+€42,003
Investment
+€50,000
Financing
-€3,505
Cash 2024
€234,773
From operations (derived)
+€42,003
Net result for the year
+€1,581
Depreciation
+€33,314
Stocks and contracts
+€4,836
Receivables within one year
-€864
Deferred charges and accrued income
-€8,837
Trade debts
+€3,007
Tax, wage and social debts
+€6,950
Other debts
-€280
Accrued charges and deferred income
+€2,294
Investment (derived)
+€50,000
Current investments
+€50,000
Financing
-€3,505
Current portion of long-term debt
-€3,505
Cash 2025
€323,271
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €394,799 | €404,847 | +€10,047 | +2.5% |
| Fixed assets | 21/28 | €65,245 | €31,931 | -€33,314 | -51.1% |
| Intangible fixed assets | 21 | €28,125 | €3,125 | -€25,000 | -88.9% |
| Tangible fixed assets | 22/27 | €35,070 | €26,756 | -€8,314 | -23.7% |
| Land and buildings | 22 | €25,621 | €21,247 | -€4,374 | -17.1% |
| Plant, machinery and equipment | 23 | €5,682 | €2,547 | -€3,135 | -55.2% |
| Furniture and vehicles | 24 | €3,767 | €2,962 | -€805 | -21.4% |
| Financial fixed assets | 28 | €2,050 | €2,050 | = | 0.0% |
| Current assets | 29/58 | €329,554 | €372,916 | +€43,362 | +13.2% |
| Stocks and contracts in progress | 3 | €26,851 | €22,015 | -€4,836 | -18.0% |
| Stocks | 30/36 | €26,851 | €22,015 | -€4,836 | -18.0% |
| Amounts receivable within one year | 40/41 | €10,270 | €11,133 | +€864 | +8.4% |
| Trade receivables | 40 | €10,231 | €10,533 | +€302 | +3.0% |
| Other amounts receivable | 41 | €38 | €600 | +€562 | +1,467% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €234,773 | €323,271 | +€88,498 | +37.7% |
| Deferred charges and accrued income | 490/1 | €7,660 | €16,497 | +€8,837 | +115% |
| Total equity and liabilities | 10/49 | €394,799 | €404,847 | +€10,047 | +2.5% |
| Equity | 10/15 | €248,822 | €250,403 | +€1,581 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230,222 | €231,803 | +€1,581 | +0.7% |
| Amounts payable | 17/49 | €145,977 | €154,444 | +€8,467 | +5.8% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,864 | €52,037 | +€6,173 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €3,505 | €0 | -€3,505 | -100% |
| Trade debts | 44 | €4,380 | €7,388 | +€3,007 | +68.7% |
| Suppliers | 440/4 | €4,380 | €7,388 | +€3,007 | +68.7% |
| Taxes, remuneration and social security | 45 | €17,085 | €24,035 | +€6,950 | +40.7% |
| Taxes | 450/3 | €10,344 | €13,041 | +€2,697 | +26.1% |
| Remuneration and social security | 454/9 | €6,742 | €10,994 | +€4,253 | +63.1% |
| Other amounts payable | 47/48 | €20,894 | €20,614 | -€280 | -1.3% |
| Accrued charges and deferred income | 492/3 | €113 | €2,406 | +€2,294 | +2,030% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €48,956 | €45,754 | -€3,202 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,767 | €33,314 | +€548 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Other operating charges | 640/8 | €2,380 | €1,568 | -€812 | -34.1% |
| Gross operating margin | 9900 | €145,867 | €88,399 | -€57,468 | -39.4% |
| Operating profit (loss) | 9901 | €61,765 | €7,763 | -€54,002 | -87.4% |
| Financial income | 75/76B | €3,888 | €3,620 | -€268 | -6.9% |
| Recurring financial income | 75 | €3,888 | €3,620 | -€268 | -6.9% |
| Financial charges | 65/66B | €10,074 | €8,600 | -€1,474 | -14.6% |
| Recurring financial charges | 65 | €10,074 | €8,600 | -€1,474 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €55,580 | €2,784 | -€52,796 | -95.0% |
| Income taxes | 67/77 | €11,479 | €1,203 | -€10,276 | -89.5% |
| Profit (loss) for the period | 9904 | €44,101 | €1,581 | -€42,520 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,101 | €1,581 | -€42,520 | -96.4% |
Next steps
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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 5 November 2026 via checked.be.