FANARA: 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.
FANARA
Largest movements
- Receivables within one year +€24,723
up €24,723 (+99.5%), from €24,854 to €49,577
of which Trade receivables: +€24,699
- Cash -€11,765
down €11,765 (-54.7%), from €21,527 to €9,762
mainly Receivables within one year (-€24,723) and Trade debts (-€21,937)
- Deferred charges and accrued income -€6,237
down €6,237 (-89.9%), from €6,938 to €701
- Stocks and contracts -€3,500
down €3,500 (-12.8%), from €27,423 to €23,923
- Tangible fixed assets +€1,796
up €1,796 (+10.1%), from €17,828 to €19,624
of which Plant, machinery and equipment: +€1,796
- Tax, wage and social debts +€26,264
up €26,264 (+327.0%), from €8,033 to €34,297
of which Taxes: +€26,545
- Trade debts -€21,937
down €21,937 (-54.4%), from €40,358 to €18,422
- Profit (loss) carried forward +€2,824
up €2,824 (+18.9%), from €14,911 to €17,735
- Current portion of long-term debt -€1,640
no longer reported in 2023 (was €1,640)
- Other operating charges -€9,336
down €9,336 (-60.1%), from €15,525 to €6,190
- Gross operating margin +€9,223
up €9,223 (+18.7%), from €49,344 to €58,567
- Staff costs +€7,437
up €7,437 (+19.3%), from €38,482 to €45,918
- Taxes +€1,775
up €1,775 (+1528.2%), from €116 to €1,891
- Depreciation -€1,250
down €1,250 (-49.9%), from €2,507 to €1,257
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,027 | €104,539 | +€5,512 | +5.6% |
| Fixed assets | 21/28 | €18,284 | €20,080 | +€1,796 | +9.8% |
| Tangible fixed assets | 22/27 | €17,828 | €19,624 | +€1,796 | +10.1% |
| Land and buildings | 22 | €17,294 | €17,294 | = | 0.0% |
| Plant, machinery and equipment | 23 | €394 | €2,190 | +€1,796 | +456.2% |
| Other tangible fixed assets | 26 | €140 | €140 | = | 0.0% |
| Financial fixed assets | 28 | €456 | €456 | = | 0.0% |
| Current assets | 29/58 | €80,743 | €84,459 | +€3,716 | +4.6% |
| Stocks and contracts in progress | 3 | €27,423 | €23,923 | -€3,500 | -12.8% |
| Stocks | 30/36 | €27,423 | €23,923 | -€3,500 | -12.8% |
| Amounts receivable within one year | 40/41 | €24,854 | €49,577 | +€24,723 | +99.5% |
| Trade receivables | 40 | €14,835 | €39,534 | +€24,699 | +166.5% |
| Other amounts receivable | 41 | €10,019 | €10,043 | +€24 | +0.2% |
| Current investments | 50/53 | - | €496 | +€496 | |
| Cash at bank and in hand | 54/58 | €21,527 | €9,762 | -€11,765 | -54.7% |
| Deferred charges and accrued income | 490/1 | €6,938 | €701 | -€6,237 | -89.9% |
| Total equity and liabilities | 10/49 | €99,027 | €104,539 | +€5,512 | +5.6% |
| Equity | 10/15 | €48,996 | €51,820 | +€2,824 | +5.8% |
| Contributions | 10/11 | €30,987 | €30,987 | +€0 | 0.0% |
| Contributions outside capital | 11 | - | €30,987 | +€30,987 | |
| Other | 1109/19 | - | €30,987 | +€30,987 | |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,911 | €17,735 | +€2,824 | +18.9% |
| Amounts payable | 17/49 | €50,031 | €52,719 | +€2,688 | +5.4% |
| Amounts payable within one year | 42/48 | €50,031 | €52,719 | +€2,688 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €1,640 | - | -€1,640 | |
| Trade debts | 44 | €40,358 | €18,422 | -€21,937 | -54.4% |
| Suppliers | 440/4 | €40,358 | €18,422 | -€21,937 | -54.4% |
| Taxes, remuneration and social security | 45 | €8,033 | €34,297 | +€26,264 | +327.0% |
| Taxes | 450/3 | €4,192 | €30,737 | +€26,545 | +633.2% |
| Remuneration and social security | 454/9 | €3,841 | €3,559 | -€281 | -7.3% |
| Remuneration, social security and pensions | 62 | €38,482 | €45,918 | +€7,437 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,507 | €1,257 | -€1,250 | -49.9% |
| Other operating charges | 640/8 | €15,525 | €6,190 | -€9,336 | -60.1% |
| Gross operating margin | 9900 | €49,344 | €58,567 | +€9,223 | +18.7% |
| Operating profit (loss) | 9901 | -€7,170 | €5,202 | +€12,372 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €479 | €491 | +€11 | +2.3% |
| Recurring financial charges | 65 | €479 | €491 | +€11 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,649 | €4,715 | +€12,364 | |
| Income taxes | 67/77 | €116 | €1,891 | +€1,775 | +1528.2% |
| Profit (loss) for the period | 9904 | -€7,766 | €2,824 | +€10,589 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,766 | €2,824 | +€10,589 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.