FAN &C°: 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.
FAN &C°
Largest movements
- Tangible fixed assets -€10,250
no longer reported in 2025 (was €10,250)
- Cash +€5,672
up €5,672 (+170.6%), from €3,325 to €8,997
mainly Investment in fixed assets (net) (+€10,250) and Deferred charges and accrued income (+€3,388)
- Deferred charges and accrued income -€3,388
down €3,388 (-57.9%), from €5,850 to €2,462
- Receivables within one year -€1,868
no longer reported in 2025 (was €1,868)
- Profit (loss) carried forward -€5,661
down €5,661 (-12.6%), from -€44,857 to -€50,518
- Accrued charges and deferred income -€2,338
down €2,338 (-85.4%), from €2,738 to €400
- Other debts -€1,000
down €1,000 (-10.2%), from €9,768 to €8,768
- Trade debts -€835
down €835 (-50.8%), from €1,644 to €809
- Depreciation -€27,927
no longer reported in 2025 (was €27,927)
- Gross operating margin -€23,615
down €23,615 (-82.0%), from €28,786 to €5,171
- Other operating charges -€3,733
down €3,733 (-87.8%), from €4,253 to €520
- Financial charges -€343
down €343 (-83.5%), from €411 to €68
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 | €21,293 | €11,459 | -€9,834 | -46.2% |
| Fixed assets | 21/28 | €10,250 | - | -€10,250 | |
| Tangible fixed assets | 22/27 | €10,250 | - | -€10,250 | |
| Land and buildings | 22 | €10,250 | - | -€10,250 | |
| Current assets | 29/58 | €11,043 | €11,459 | +€416 | +3.8% |
| Amounts receivable within one year | 40/41 | €1,868 | - | -€1,868 | |
| Other amounts receivable | 41 | €1,868 | - | -€1,868 | |
| Cash at bank and in hand | 54/58 | €3,325 | €8,997 | +€5,672 | +170.6% |
| Deferred charges and accrued income | 490/1 | €5,850 | €2,462 | -€3,388 | -57.9% |
| Total equity and liabilities | 10/49 | €21,293 | €11,459 | -€9,834 | -46.2% |
| Equity | 10/15 | €7,143 | €1,482 | -€5,661 | -79.3% |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,857 | -€50,518 | -€5,661 | -12.6% |
| Amounts payable | 17/49 | €14,150 | €9,977 | -€4,173 | -29.5% |
| Amounts payable within one year | 42/48 | €11,412 | €9,577 | -€1,835 | -16.1% |
| Trade debts | 44 | €1,644 | €809 | -€835 | -50.8% |
| Suppliers | 440/4 | €1,644 | €809 | -€835 | -50.8% |
| Other amounts payable | 47/48 | €9,768 | €8,768 | -€1,000 | -10.2% |
| Accrued charges and deferred income | 492/3 | €2,738 | €400 | -€2,338 | -85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,927 | - | -€27,927 | |
| Other operating charges | 640/8 | €4,253 | €520 | -€3,733 | -87.8% |
| Non-recurring operating charges | 66A | €1,026 | €10,250 | +€9,224 | +899.0% |
| Gross operating margin | 9900 | €28,786 | €5,171 | -€23,615 | -82.0% |
| Operating profit (loss) | 9901 | -€4,420 | -€5,599 | -€1,179 | -26.7% |
| Financial income | 75/76B | €196 | €9 | -€187 | -95.4% |
| Recurring financial income | 75 | €196 | €9 | -€187 | -95.4% |
| Financial charges | 65/66B | €411 | €68 | -€343 | -83.5% |
| Recurring financial charges | 65 | €411 | €68 | -€343 | -83.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,635 | -€5,658 | -€1,023 | -22.1% |
| Income taxes | 67/77 | €59 | €3 | -€56 | -94.9% |
| Profit (loss) for the period | 9904 | -€4,694 | -€5,661 | -€967 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,694 | -€5,661 | -€967 | -20.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.