Fanipama: 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.
Fanipama
Largest movements
- Tangible fixed assets -€65,147
down €65,147 (-2.3%), from €2.8m to €2.7m
of which Land and buildings: -€58,547
- Debts after one year +€2.1m
new in 2025: €2.1m
- Other debts -€2.0m
down €2.0m (-79.4%), from €2.5m to €515,312
- Profit (loss) carried forward -€149,274
down €149,274 (-22.2%), from -€671,025 to -€820,299
- Financial charges -€25,579
down €25,579 (-27.8%), from €92,071 to €66,492
- Gross operating margin +€15,424
up €15,424 (+50.1%), from -€30,782 to -€15,358
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 | €2,836,101 | €2,777,003 | -€59,098 | -2.1% |
| Fixed assets | 21/28 | €2,811,398 | €2,746,252 | -€65,147 | -2.3% |
| Tangible fixed assets | 22/27 | €2,811,398 | €2,746,252 | -€65,147 | -2.3% |
| Land and buildings | 22 | €2,791,748 | €2,733,201 | -€58,547 | -2.1% |
| Furniture and vehicles | 24 | €19,651 | €13,051 | -€6,600 | -33.6% |
| Current assets | 29/58 | €24,703 | €30,752 | +€6,049 | +24.5% |
| Amounts receivable within one year | 40/41 | €10,976 | €8,600 | -€2,376 | -21.6% |
| Trade receivables | 40 | €2,376 | - | -€2,376 | |
| Other amounts receivable | 41 | €8,600 | €8,600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,515 | €21,432 | +€8,917 | +71.3% |
| Deferred charges and accrued income | 490/1 | €1,212 | €719 | -€493 | -40.7% |
| Total equity and liabilities | 10/49 | €2,836,101 | €2,777,003 | -€59,098 | -2.1% |
| Equity | 10/15 | €328,975 | €179,701 | -€149,274 | -45.4% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€671,025 | -€820,299 | -€149,274 | -22.2% |
| Amounts payable | 17/49 | €2,507,127 | €2,597,302 | +€90,176 | +3.6% |
| Amounts payable after more than one year | 17 | - | €2,077,872 | +€2.1m | |
| Financial debts | 170/4 | - | €2,077,872 | +€2.1m | |
| Amounts payable within one year | 42/48 | €2,507,127 | €519,430 | -€2.0m | -79.3% |
| Trade debts | 44 | - | €4,119 | +€4,119 | |
| Suppliers | 440/4 | - | €4,119 | +€4,119 | |
| Other amounts payable | 47/48 | €2,507,127 | €515,312 | -€2.0m | -79.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,147 | €65,147 | = | 0.0% |
| Other operating charges | 640/8 | €2,213 | €2,277 | +€64 | +2.9% |
| Non-recurring operating charges | 66A | €904 | - | -€904 | |
| Gross operating margin | 9900 | -€30,782 | -€15,358 | +€15,424 | +50.1% |
| Operating profit (loss) | 9901 | -€99,046 | -€82,782 | +€16,264 | +16.4% |
| Financial charges | 65/66B | €92,071 | €66,492 | -€25,579 | -27.8% |
| Recurring financial charges | 65 | €92,071 | €66,492 | -€25,579 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€191,117 | -€149,274 | +€41,843 | +21.9% |
| Profit (loss) for the period | 9904 | -€191,117 | -€149,274 | +€41,843 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€191,117 | -€149,274 | +€41,843 | +21.9% |
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 22 October 2026 via checked.be.