FANCY: 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.
What changed
FANCY
NACE 46.499, Wholesale of other household goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€250,286
2024 · €446,220-€195,934
Equity
€5.7m
2024 · €5.6m+€110,627
Cash
€1.1m
2024 · €1.2m-€25,918
Balance sheet total
€6.2m
2024 · €6.4m-€255,526
Largest movements
Assets
- Tangible fixed assets -€392,347
down €392,347 (-16.8%), from €2.3m to €1.9m
of which Land and buildings: -€356,559
- Current investments +€300,000
up €300,000 (+60.0%), from €500,000 to €800,000
- Stocks and contracts -€143,269
down €143,269 (-7.9%), from €1.8m to €1.7m
Equity and liabilities
- Current portion of long-term debt -€201,910
down €201,910 (-94.6%), from €213,452 to €11,542
- Reserves +€150,286
up €150,286 (+13.2%), from €1.1m to €1.3m
of which Distributable reserves: +€150,286
- Other debts -€150,000
down €150,000 (-59.1%), from €253,996 to €103,996
Income statement
- Write-downs +€105,501
up €105,501, from -€89,776 to €15,725
- Staff costs +€92,411
up €92,411 (+36.5%), from €253,250 to €345,661
- Taxes -€76,405
down €76,405 (-57.2%), from €133,506 to €57,101
- Financial charges +€40,700
up €40,700 (+165.5%), from €24,589 to €65,289
- Financial income -€37,915
down €37,915 (-40.3%), from €94,047 to €56,132
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.
Result 2024
€446,220
Gross operating margin
+€11,002
Staff costs
-€92,411
Depreciation
-€5,243
Write-downs
-€105,501
Other operating charges
-€1,571
Financial income
-€37,915
Financial charges
-€40,700
Taxes
+€76,405
Result 2025
€250,286
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.
From operations
+€671,062
Investment
-€343,870
Financing
-€353,110
Cash 2024
€1.2m
From operations (derived)
+€671,062
Net result for the year
+€250,286
Depreciation
+€421,024
Stocks and contracts
+€143,269
Receivables within one year
+€10,560
Deferred charges and accrued income
-€1,374
Trade debts
+€30,545
Tax, wage and social debts
+€4,289
Advances received
-€33,325
Other debts
-€150,000
Accrued charges and deferred income
-€4,211
Investment (derived)
-€343,870
Investment in fixed assets (net)
-€43,870
Current investments
-€300,000
Financing
-€353,110
Debts after one year
-€11,542
Current portion of long-term debt
-€201,910
Contributions, distributions and other
-€139,658
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,411,009 | €6,155,483 | -€255,526 | -4.0% |
| Fixed assets | 21/28 | €2,334,136 | €1,956,982 | -€377,154 | -16.2% |
| Intangible fixed assets | 21 | - | €15,193 | +€15,193 | |
| Tangible fixed assets | 22/27 | €2,334,136 | €1,941,789 | -€392,347 | -16.8% |
| Land and buildings | 22 | €2,174,067 | €1,817,509 | -€356,559 | -16.4% |
| Plant, machinery and equipment | 23 | €94,858 | €69,462 | -€25,397 | -26.8% |
| Furniture and vehicles | 24 | €65,210 | €54,819 | -€10,392 | -15.9% |
| Current assets | 29/58 | €4,076,873 | €4,198,501 | +€121,628 | +3.0% |
| Stocks and contracts in progress | 3 | €1,809,937 | €1,666,669 | -€143,269 | -7.9% |
| Stocks | 30/36 | €1,809,937 | €1,666,669 | -€143,269 | -7.9% |
| Amounts receivable within one year | 40/41 | €302,633 | €292,073 | -€10,560 | -3.5% |
| Trade receivables | 40 | €225,686 | €198,290 | -€27,397 | -12.1% |
| Other amounts receivable | 41 | €76,946 | €93,783 | +€16,837 | +21.9% |
| Current investments | 50/53 | €500,000 | €800,000 | +€300,000 | +60.0% |
| Cash at bank and in hand | 54/58 | €1,173,141 | €1,147,223 | -€25,918 | -2.2% |
| Deferred charges and accrued income | 490/1 | €291,162 | €292,536 | +€1,374 | +0.5% |
| Total equity and liabilities | 10/49 | €6,411,009 | €6,155,483 | -€255,526 | -4.0% |
| Equity | 10/15 | €5,583,190 | €5,693,818 | +€110,627 | +2.0% |
| Contributions | 10/11 | €232,028 | €232,028 | = | 0.0% |
| Capital | 10 | €232,028 | €232,028 | = | 0.0% |
| Issued capital | 100 | €232,028 | €232,028 | = | 0.0% |
| Reserves | 13 | €1,138,133 | €1,288,419 | +€150,286 | +13.2% |
| Non-distributable reserves | 130/1 | €23,203 | €23,203 | = | 0.0% |
| Legal reserve | 130 | €23,203 | €23,203 | = | 0.0% |
| Tax-exempt reserves | 132 | €62,331 | €62,331 | = | 0.0% |
| Distributable reserves | 133 | €1,052,600 | €1,202,885 | +€150,286 | +14.3% |
| Profit (loss) carried forward | 14 | €3,938,467 | €3,938,467 | = | 0.0% |
| Investment grants | 15 | €274,562 | €234,904 | -€39,658 | -14.4% |
| Amounts payable | 17/49 | €827,818 | €461,665 | -€366,153 | -44.2% |
| Amounts payable after more than one year | 17 | €31,740 | €20,198 | -€11,542 | -36.4% |
| Financial debts | 170/4 | €31,740 | €20,198 | -€11,542 | -36.4% |
| Amounts payable within one year | 42/48 | €791,476 | €441,076 | -€350,400 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €213,452 | €11,542 | -€201,910 | -94.6% |
| Financial debts | 43 | €2,885 | €2,885 | = | 0.0% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €2,885 | €2,885 | = | 0.0% |
| Trade debts | 44 | €220,656 | €251,202 | +€30,545 | +13.8% |
| Suppliers | 440/4 | €220,656 | €251,202 | +€30,545 | +13.8% |
| Advances received on contracts in progress | 46 | €80,528 | €47,204 | -€33,325 | -41.4% |
| Taxes, remuneration and social security | 45 | €19,958 | €24,247 | +€4,289 | +21.5% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €19,958 | €24,247 | +€4,289 | +21.5% |
| Other amounts payable | 47/48 | €253,996 | €103,996 | -€150,000 | -59.1% |
| Accrued charges and deferred income | 492/3 | €4,602 | €391 | -€4,211 | -91.5% |
| Remuneration, social security and pensions | 62 | €253,250 | €345,661 | +€92,411 | +36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415,781 | €421,024 | +€5,243 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€89,776 | €15,725 | +€105,501 | |
| Other operating charges | 640/8 | €88,839 | €90,411 | +€1,571 | +1.8% |
| Gross operating margin | 9900 | €1,178,362 | €1,189,364 | +€11,002 | +0.9% |
| Operating profit (loss) | 9901 | €510,268 | €316,543 | -€193,724 | -38.0% |
| Financial income | 75/76B | €94,047 | €56,132 | -€37,915 | -40.3% |
| Recurring financial income | 75 | €94,047 | €56,132 | -€37,915 | -40.3% |
| Financial charges | 65/66B | €24,589 | €65,289 | +€40,700 | +165.5% |
| Recurring financial charges | 65 | €24,589 | €65,289 | +€40,700 | +165.5% |
| Profit (loss) for the period before taxes | 9903 | €579,726 | €307,387 | -€272,339 | -47.0% |
| Income taxes | 67/77 | €133,506 | €57,101 | -€76,405 | -57.2% |
| Profit (loss) for the period | 9904 | €446,220 | €250,286 | -€195,934 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €446,220 | €250,286 | -€195,934 | -43.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.