FANKODX: 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.
FANKODX
Largest movements
- Receivables within one year -€7,449
down €7,449 (-96.4%), from €7,730 to €281
- Tangible fixed assets -€3,278
down €3,278 (-35.7%), from €9,190 to €5,912
of which Furniture and vehicles: -€3,068
- Cash +€1,111
up €1,111 (+43.7%), from €2,543 to €3,654
mainly Other debts (+€28,376) and Receivables within one year (+€7,449)
- Other debts +€28,376
up €28,376 (+611.2%), from €4,642 to €33,018
- Profit (loss) carried forward -€26,146
down €26,146 (-1132.2%), from -€2,309 to -€28,455
- Tax, wage and social debts -€9,864
down €9,864 (-85.6%), from €11,519 to €1,655
- Trade debts -€1,982
down €1,982 (-87.7%), from €2,260 to €278
- Gross operating margin +€21,061
up €21,061 (+48.2%), from -€43,734 to -€22,673
- Depreciation -€1,258
down €1,258 (-27.7%), from €4,536 to €3,278
- Financial charges -€473
down €473 (-70.9%), from €668 to €195
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 | €20,113 | €10,497 | -€9,616 | -47.8% |
| Fixed assets | 21/28 | €9,840 | €6,562 | -€3,278 | -33.3% |
| Tangible fixed assets | 22/27 | €9,190 | €5,912 | -€3,278 | -35.7% |
| Plant, machinery and equipment | 23 | €210 | - | -€210 | |
| Furniture and vehicles | 24 | €8,980 | €5,912 | -€3,068 | -34.2% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €10,273 | €3,935 | -€6,338 | -61.7% |
| Amounts receivable within one year | 40/41 | €7,730 | €281 | -€7,449 | -96.4% |
| Other amounts receivable | 41 | €7,730 | €281 | -€7,449 | -96.4% |
| Cash at bank and in hand | 54/58 | €2,543 | €3,654 | +€1,111 | +43.7% |
| Total equity and liabilities | 10/49 | €20,113 | €10,497 | -€9,616 | -47.8% |
| Equity | 10/15 | €1,691 | -€24,455 | -€26,146 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,309 | -€28,455 | -€26,146 | -1132.2% |
| Amounts payable | 17/49 | €18,422 | €34,952 | +€16,530 | +89.7% |
| Amounts payable within one year | 42/48 | €18,422 | €34,952 | +€16,530 | +89.7% |
| Trade debts | 44 | €2,260 | €278 | -€1,982 | -87.7% |
| Suppliers | 440/4 | €2,260 | €278 | -€1,982 | -87.7% |
| Taxes, remuneration and social security | 45 | €11,519 | €1,655 | -€9,864 | -85.6% |
| Taxes | 450/3 | €11,519 | €1,655 | -€9,864 | -85.6% |
| Other amounts payable | 47/48 | €4,642 | €33,018 | +€28,376 | +611.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,536 | €3,278 | -€1,258 | -27.7% |
| Gross operating margin | 9900 | -€43,734 | -€22,673 | +€21,061 | +48.2% |
| Operating profit (loss) | 9901 | -€48,270 | -€25,951 | +€22,319 | +46.2% |
| Financial charges | 65/66B | €668 | €195 | -€473 | -70.9% |
| Recurring financial charges | 65 | €668 | €195 | -€473 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | -€48,938 | -€26,146 | +€22,792 | +46.6% |
| Profit (loss) for the period | 9904 | -€48,938 | -€26,146 | +€22,792 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,938 | -€26,146 | +€22,792 | +46.6% |
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 10 October 2026 via checked.be.