FANA: what changed
Two financial 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.
FANA
Largest movements
- Tangible fixed assets +€10,571
up €10,571 (+162.6%), from €6,500 to €17,071
- Cash +€3,397
up €3,397 (+40.6%), from €8,375 to €11,772
mainly Net result for the year (+€20,964) and Depreciation (+€4,339)
- Receivables within one year +€520
up €520 (+3.2%), from €16,189 to €16,709
- Profit (loss) carried forward +€20,964
up €20,964, from -€2,529 to €18,435
- Trade debts -€4,552
down €4,552 (-83.3%), from €5,467 to €915
- Tax, wage and social debts -€2,830
down €2,830 (-18.2%), from €15,530 to €12,700
of which Taxes: -€1,836
- Gross operating margin +€36,357
up €36,357 (+162.3%), from €22,398 to €58,756
- Taxes +€2,937
up €2,937 (+1953.8%), from €150 to €3,087
- Depreciation +€1,579
up €1,579 (+57.2%), from €2,760 to €4,339
- Staff costs -€1,038
down €1,038 (-3.4%), from €30,453 to €29,415
- Other operating charges -€1,031
down €1,031 (-72.1%), from €1,431 to €400
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 | €37,069 | €50,650 | +€13,581 | +36.6% |
| Fixed assets | 21/28 | €8,669 | €18,741 | +€10,071 | +116.2% |
| Intangible fixed assets | 21 | €2,004 | €1,504 | -€500 | -24.9% |
| Tangible fixed assets | 22/27 | €6,500 | €17,071 | +€10,571 | +162.6% |
| Furniture and vehicles | 24 | €6,500 | €17,071 | +€10,571 | +162.6% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €28,399 | €31,909 | +€3,510 | +12.4% |
| Stocks and contracts in progress | 3 | €3,771 | €3,428 | -€343 | -9.1% |
| Stocks | 30/36 | €3,771 | €3,428 | -€343 | -9.1% |
| Amounts receivable within one year | 40/41 | €16,189 | €16,709 | +€520 | +3.2% |
| Other amounts receivable | 41 | €16,189 | €16,709 | +€520 | +3.2% |
| Cash at bank and in hand | 54/58 | €8,375 | €11,772 | +€3,397 | +40.6% |
| Deferred charges and accrued income | 490/1 | €64 | - | -€64 | |
| Total equity and liabilities | 10/49 | €37,069 | €50,650 | +€13,581 | +36.6% |
| Equity | 10/15 | €16,071 | €37,035 | +€20,964 | +130.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,529 | €18,435 | +€20,964 | |
| Amounts payable | 17/49 | €20,997 | €13,615 | -€7,382 | -35.2% |
| Amounts payable within one year | 42/48 | €20,997 | €13,615 | -€7,382 | -35.2% |
| Trade debts | 44 | €5,467 | €915 | -€4,552 | -83.3% |
| Suppliers | 440/4 | €5,467 | €915 | -€4,552 | -83.3% |
| Taxes, remuneration and social security | 45 | €15,530 | €12,700 | -€2,830 | -18.2% |
| Taxes | 450/3 | €8,068 | €6,232 | -€1,836 | -22.8% |
| Remuneration and social security | 454/9 | €7,462 | €6,468 | -€994 | -13.3% |
| Remuneration, social security and pensions | 62 | €30,453 | €29,415 | -€1,038 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,760 | €4,339 | +€1,579 | +57.2% |
| Other operating charges | 640/8 | €1,431 | €400 | -€1,031 | -72.1% |
| Non-recurring operating charges | 66A | €1,562 | - | -€1,562 | |
| Gross operating margin | 9900 | €22,398 | €58,756 | +€36,357 | +162.3% |
| Operating profit (loss) | 9901 | -€13,807 | €24,602 | +€38,409 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €886 | €552 | -€335 | -37.8% |
| Recurring financial charges | 65 | €886 | €552 | -€335 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,691 | €24,050 | +€38,741 | |
| Income taxes | 67/77 | €150 | €3,087 | +€2,937 | +1953.8% |
| Profit (loss) for the period | 9904 | -€14,841 | €20,964 | +€35,805 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,841 | €20,964 | +€35,805 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.