FANLIGHT: 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.
FANLIGHT
Largest movements
- Stocks and contracts +€38,375
up €38,375 (+8.9%), from €431,839 to €470,214
- Cash -€34,279
down €34,279 (-34.1%), from €100,590 to €66,311
mainly Stocks and contracts (-€38,375) and Investment in fixed assets (net) (-€37,247)
- Receivables within one year +€32,203
up €32,203 (+35.7%), from €90,084 to €122,287
of which Trade receivables: +€31,091
- Tangible fixed assets +€20,541
up €20,541 (+61.3%), from €33,508 to €54,049
of which Furniture and vehicles: +€24,508
- Reserves +€43,221
up €43,221 (+7.3%), from €591,430 to €634,651
of which Distributable reserves: +€45,081
- Trade debts +€7,338
up €7,338 (+24.9%), from €29,419 to €36,758
- Financial income -€6,077
down €6,077 (-84.3%), from €7,206 to €1,129
- Staff costs -€4,124
down €4,124 (-81.0%), from €5,090 to €965
- Depreciation +€2,848
up €2,848 (+20.5%), from €13,858 to €16,706
- Taxes -€2,305
down €2,305 (-14.2%), from €16,193 to €13,889
- Financial charges +€1,122
up €1,122 (+14.2%), from €7,892 to €9,014
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €658,517 | €715,449 | +€56,932 | +8.6% |
| Fixed assets | 21/28 | €33,508 | €54,049 | +€20,541 | +61.3% |
| Tangible fixed assets | 22/27 | €33,508 | €54,049 | +€20,541 | +61.3% |
| Plant, machinery and equipment | 23 | €10,544 | €7,002 | -€3,541 | -33.6% |
| Furniture and vehicles | 24 | €19,141 | €43,650 | +€24,508 | +128% |
| Other tangible fixed assets | 26 | €3,823 | €3,396 | -€426 | -11.1% |
| Current assets | 29/58 | €625,009 | €661,401 | +€36,392 | +5.8% |
| Stocks and contracts in progress | 3 | €431,839 | €470,214 | +€38,375 | +8.9% |
| Stocks | 30/36 | €431,839 | €470,214 | +€38,375 | +8.9% |
| Amounts receivable within one year | 40/41 | €90,084 | €122,287 | +€32,203 | +35.7% |
| Trade receivables | 40 | €89,852 | €120,943 | +€31,091 | +34.6% |
| Other amounts receivable | 41 | €232 | €1,344 | +€1,111 | +479% |
| Cash at bank and in hand | 54/58 | €100,590 | €66,311 | -€34,279 | -34.1% |
| Deferred charges and accrued income | 490/1 | €2,496 | €2,589 | +€93 | +3.7% |
| Total equity and liabilities | 10/49 | €658,517 | €715,449 | +€56,932 | +8.6% |
| Equity | 10/15 | €610,030 | €653,251 | +€43,221 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €591,430 | €634,651 | +€43,221 | +7.3% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €589,570 | €634,651 | +€45,081 | +7.6% |
| Amounts payable | 17/49 | €48,487 | €62,199 | +€13,712 | +28.3% |
| Amounts payable within one year | 42/48 | €48,065 | €61,596 | +€13,531 | +28.2% |
| Trade debts | 44 | €29,419 | €36,758 | +€7,338 | +24.9% |
| Suppliers | 440/4 | €29,419 | €36,758 | +€7,338 | +24.9% |
| Taxes, remuneration and social security | 45 | €9,896 | €15,794 | +€5,898 | +59.6% |
| Taxes | 450/3 | €9,896 | €15,794 | +€5,898 | +59.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,749 | €9,044 | +€295 | +3.4% |
| Accrued charges and deferred income | 492/3 | €422 | €602 | +€181 | +42.8% |
| Remuneration, social security and pensions | 62 | €5,090 | €965 | -€4,124 | -81.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,858 | €16,706 | +€2,848 | +20.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,095 | €1,122 | +€27 | +2.5% |
| Gross operating margin | 9900 | €84,414 | €83,788 | -€626 | -0.7% |
| Operating profit (loss) | 9901 | €64,371 | €64,995 | +€623 | +1.0% |
| Financial income | 75/76B | €7,206 | €1,129 | -€6,077 | -84.3% |
| Recurring financial income | 75 | €7,206 | €1,129 | -€6,077 | -84.3% |
| Financial charges | 65/66B | €7,892 | €9,014 | +€1,122 | +14.2% |
| Recurring financial charges | 65 | €7,892 | €9,014 | +€1,122 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €63,685 | €57,109 | -€6,576 | -10.3% |
| Income taxes | 67/77 | €16,193 | €13,889 | -€2,305 | -14.2% |
| Profit (loss) for the period | 9904 | €47,492 | €43,221 | -€4,272 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,492 | €43,221 | -€4,272 | -9.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.