FAN & ZHOU HOLDING: what changed
FAN & ZHOU HOLDING
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€43,515
down €43,515 (-19.7%), from €220,675 to €177,160
- Other debts +€43,188
up €43,188 (+41.7%), from €103,500 to €146,688
- Profit (loss) carried forward -€20,760
down €20,760, from €7,613 to -€13,147
- Contributions +€7,500
new in 2025: €7,500
- Tax, wage and social debts +€6,825
up €6,825 (+18.3%), from €37,239 to €44,064
of which Taxes: +€11,293
- Gross operating margin -€37,182
down €37,182, from €28,035 to -€9,147
- Financial charges -€5,319
down €5,319 (-30.7%), from €17,338 to €12,019
- Taxes -€3,084
no longer reported in 2025 (was €3,084)
- Financial income +€704
new in 2025: €704
- Other operating charges +€299
new in 2025: €299
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 | €414,789 | €412,625 | -€2,165 | -0.5% |
| Fixed assets | 21/28 | €409,725 | €409,725 | = | 0.0% |
| Financial fixed assets | 28 | €409,725 | €409,725 | = | 0.0% |
| Current assets | 29/58 | €5,064 | €2,900 | -€2,165 | -42.7% |
| Amounts receivable within one year | 40/41 | €390 | €368 | -€22 | -5.7% |
| Other amounts receivable | 41 | €390 | €368 | -€22 | -5.7% |
| Cash at bank and in hand | 54/58 | €4,320 | €2,326 | -€1,993 | -46.1% |
| Deferred charges and accrued income | 490/1 | €354 | €206 | -€149 | -42.0% |
| Total equity and liabilities | 10/49 | €414,789 | €412,625 | -€2,165 | -0.5% |
| Equity | 10/15 | €7,613 | -€5,647 | -€13,260 | |
| Contributions | 10/11 | - | €7,500 | +€7,500 | |
| Profit (loss) carried forward | 14 | €7,613 | -€13,147 | -€20,760 | |
| Amounts payable | 17/49 | €407,176 | €418,272 | +€11,096 | +2.7% |
| Amounts payable after more than one year | 17 | €220,675 | €177,160 | -€43,515 | -19.7% |
| Financial debts | 170/4 | €220,675 | €177,160 | -€43,515 | -19.7% |
| Amounts payable within one year | 42/48 | €186,501 | €241,111 | +€54,611 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €45,011 | €47,055 | +€2,044 | +4.5% |
| Trade debts | 44 | €751 | €3,305 | +€2,554 | +340% |
| Suppliers | 440/4 | €751 | €3,305 | +€2,554 | +340% |
| Taxes, remuneration and social security | 45 | €37,239 | €44,064 | +€6,825 | +18.3% |
| Taxes | 450/3 | €25,689 | €36,982 | +€11,293 | +44.0% |
| Remuneration and social security | 454/9 | €11,550 | €7,082 | -€4,468 | -38.7% |
| Other amounts payable | 47/48 | €103,500 | €146,688 | +€43,188 | +41.7% |
| Other operating charges | 640/8 | - | €299 | +€299 | |
| Gross operating margin | 9900 | €28,035 | -€9,147 | -€37,182 | |
| Operating profit (loss) | 9901 | €28,035 | -€9,446 | -€37,481 | |
| Financial income | 75/76B | - | €704 | +€704 | |
| Recurring financial income | 75 | - | €704 | +€704 | |
| Financial charges | 65/66B | €17,338 | €12,019 | -€5,319 | -30.7% |
| Recurring financial charges | 65 | €17,338 | €12,019 | -€5,319 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €10,697 | -€20,760 | -€31,457 | |
| Income taxes | 67/77 | €3,084 | - | -€3,084 | |
| Profit (loss) for the period | 9904 | €7,613 | -€20,760 | -€28,374 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,613 | -€20,760 | -€28,374 |
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.