FANAKA: 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.
FANAKA
Largest movements
- Current investments +€154,676
up €154,676 (+30.8%), from €501,607 to €656,284
- Cash -€125,710
down €125,710 (-57.7%), from €217,908 to €92,198
mainly Current investments (-€154,676) and Net result for the year (-€98,380)
- Tangible fixed assets -€91,042
down €91,042 (-3.2%), from €2.8m to €2.7m
- Receivables within one year -€48,015
down €48,015 (-95.1%), from €50,500 to €2,485
- Profit (loss) carried forward -€52,797
down €52,797 (-22.2%), from €237,710 to €184,913
- Reserves -€45,583
down €45,583 (-6.8%), from €670,617 to €625,033
- Taxes -€79,509
down €79,509, from €79,500 to -€9
of which Taxes: -€79,500
- Turnover -€16,985
down €16,985 (-18.5%), from €91,912 to €74,927
- Services and other goods -€12,259
down €12,259 (-27.0%), from €45,412 to €33,153
- Financial charges -€10,634
down €10,634 (-31.1%), from €34,236 to €23,602
- Other operating charges -€6,976
down €6,976 (-37.9%), from €18,405 to €11,429
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.
Derived cash bridge
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 | €3,613,022 | €3,502,839 | -€110,183 | -3.0% |
| Fixed assets | 21/28 | €2,840,906 | €2,749,864 | -€91,042 | -3.2% |
| Tangible fixed assets | 22/27 | €2,840,906 | €2,749,864 | -€91,042 | -3.2% |
| Land and buildings | 22 | €2,840,906 | €2,749,864 | -€91,042 | -3.2% |
| Current assets | 29/58 | €772,117 | €752,976 | -€19,141 | -2.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €50,500 | €2,485 | -€48,015 | -95.1% |
| Other amounts receivable | 41 | €50,500 | €2,485 | -€48,015 | -95.1% |
| Current investments | 50/53 | €501,607 | €656,284 | +€154,676 | +30.8% |
| Other investments | 51/53 | €501,607 | €656,284 | +€154,676 | +30.8% |
| Cash at bank and in hand | 54/58 | €217,908 | €92,198 | -€125,710 | -57.7% |
| Deferred charges and accrued income | 490/1 | €2,102 | €2,009 | -€92 | -4.4% |
| Total equity and liabilities | 10/49 | €3,613,022 | €3,502,839 | -€110,183 | -3.0% |
| Equity | 10/15 | €3,276,265 | €3,177,884 | -€98,380 | -3.0% |
| Contributions | 10/11 | €2,367,938 | €2,367,938 | = | 0.0% |
| Reserves | 13 | €670,617 | €625,033 | -€45,583 | -6.8% |
| Tax-exempt reserves | 132 | €670,617 | €625,033 | -€45,583 | -6.8% |
| Profit (loss) carried forward | 14 | €237,710 | €184,913 | -€52,797 | -22.2% |
| Amounts payable | 17/49 | €336,758 | €324,955 | -€11,803 | -3.5% |
| Amounts payable within one year | 42/48 | €330,024 | €322,728 | -€7,296 | -2.2% |
| Trade debts | 44 | €5,842 | €117 | -€5,726 | -98.0% |
| Suppliers | 440/4 | €5,842 | €117 | -€5,726 | -98.0% |
| Taxes, remuneration and social security | 45 | €2,168 | €1,697 | -€471 | -21.7% |
| Taxes | 450/3 | €2,168 | €1,697 | -€471 | -21.7% |
| Other amounts payable | 47/48 | €322,014 | €320,915 | -€1,099 | -0.3% |
| Accrued charges and deferred income | 492/3 | €6,734 | €2,227 | -€4,507 | -66.9% |
| Operating income | 70/76A | €91,912 | €75,672 | -€16,240 | -17.7% |
| Turnover | 70 | €91,912 | €74,927 | -€16,985 | -18.5% |
| Other operating income | 74 | €0 | €745 | +€745 | |
| Operating charges | 60/66A | €176,350 | €158,767 | -€17,583 | -10.0% |
| Services and other goods | 61 | €45,412 | €33,153 | -€12,259 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,534 | €114,185 | +€1,652 | +1.5% |
| Other operating charges | 640/8 | €18,405 | €11,429 | -€6,976 | -37.9% |
| Operating profit (loss) | 9901 | -€84,438 | -€83,095 | +€1,343 | +1.6% |
| Financial income | 75/76B | €1,607 | €8,309 | +€6,701 | +417% |
| Recurring financial income | 75 | €1,607 | €8,309 | +€6,701 | +417% |
| Income from current assets | 751 | - | €8,309 | +€8,309 | |
| Other financial income | 752/9 | €1,607 | €0 | -€1,607 | -100% |
| Financial charges | 65/66B | €34,236 | €23,602 | -€10,634 | -31.1% |
| Recurring financial charges | 65 | €34,236 | €23,602 | -€10,634 | -31.1% |
| Debt charges | 650 | €34,208 | €22,452 | -€11,755 | -34.4% |
| Other financial charges | 652/9 | €29 | €1,150 | +€1,121 | +3,935% |
| Profit (loss) for the period before taxes | 9903 | -€117,067 | -€98,389 | +€18,678 | +16.0% |
| Income taxes | 67/77 | €79,500 | -€9 | -€79,509 | |
| Taxes | 670/3 | €79,500 | €0 | -€79,500 | -100% |
| Tax adjustments and reversals of tax provisions | 77 | - | €9 | +€9 | |
| Profit (loss) for the period | 9904 | -€196,567 | -€98,380 | +€98,187 | +50.0% |
| Transfer from tax-exempt reserves | 789 | €596,214 | €45,583 | -€550,631 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €399,647 | -€52,797 | -€452,444 |
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 16 October 2026 via checked.be.