FANNY: 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.
FANNY
Largest movements
- Cash +€38,131
up €38,131 (+827%), from €4,613 to €42,744
mainly Receivables within one year (+€32,849) and Stocks and contracts (+€19,664)
- Receivables within one year -€32,849
down €32,849 (-86.4%), from €38,010 to €5,161
of which Trade receivables: -€35,118
- Stocks and contracts -€19,664
down €19,664 (-19.7%), from €99,596 to €79,932
- Other debts -€30,677
no longer reported in 2024 (was €30,677)
- Trade debts +€12,608
up €12,608 (+29.1%), from €43,271 to €55,879
- Other operating charges -€2,465
down €2,465 (-80.9%), from €3,046 to €581
- Taxes +€929
up €929 (+102%), from €908 to €1,837
- Gross operating margin -€864
down €864 (-15.0%), from €5,748 to €4,884
- Financial charges -€162
down €162 (-44.5%), from €364 to €202
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 | €146,619 | €131,138 | -€15,481 | -10.6% |
| Fixed assets | 21/28 | €4,400 | €3,300 | -€1,100 | -25.0% |
| Tangible fixed assets | 22/27 | €4,400 | €3,300 | -€1,100 | -25.0% |
| Plant, machinery and equipment | 23 | €4,400 | €3,300 | -€1,100 | -25.0% |
| Current assets | 29/58 | €142,219 | €127,838 | -€14,381 | -10.1% |
| Stocks and contracts in progress | 3 | €99,596 | €79,932 | -€19,664 | -19.7% |
| Stocks | 30/36 | €99,596 | €79,932 | -€19,664 | -19.7% |
| Amounts receivable within one year | 40/41 | €38,010 | €5,161 | -€32,849 | -86.4% |
| Trade receivables | 40 | €38,010 | €2,892 | -€35,118 | -92.4% |
| Other amounts receivable | 41 | - | €2,269 | +€2,269 | |
| Cash at bank and in hand | 54/58 | €4,613 | €42,744 | +€38,131 | +827% |
| Total equity and liabilities | 10/49 | €146,619 | €131,138 | -€15,481 | -10.6% |
| Equity | 10/15 | €62,567 | €63,732 | +€1,165 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,107 | €43,272 | +€1,165 | +2.8% |
| Amounts payable | 17/49 | €84,052 | €67,406 | -€16,647 | -19.8% |
| Amounts payable within one year | 42/48 | €84,052 | €67,406 | -€16,647 | -19.8% |
| Trade debts | 44 | €43,271 | €55,879 | +€12,608 | +29.1% |
| Suppliers | 440/4 | €43,271 | €55,879 | +€12,608 | +29.1% |
| Taxes, remuneration and social security | 45 | €10,104 | €11,527 | +€1,422 | +14.1% |
| Taxes | 450/3 | €10,104 | €11,527 | +€1,422 | +14.1% |
| Other amounts payable | 47/48 | €30,677 | - | -€30,677 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | €1,100 | = | 0.0% |
| Other operating charges | 640/8 | €3,046 | €581 | -€2,465 | -80.9% |
| Gross operating margin | 9900 | €5,748 | €4,884 | -€864 | -15.0% |
| Operating profit (loss) | 9901 | €1,602 | €3,203 | +€1,601 | +99.9% |
| Financial income | 75/76B | €27 | €2 | -€25 | -94.4% |
| Recurring financial income | 75 | €27 | €2 | -€25 | -94.4% |
| Financial charges | 65/66B | €364 | €202 | -€162 | -44.5% |
| Recurring financial charges | 65 | €364 | €202 | -€162 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €1,265 | €3,002 | +€1,738 | +137% |
| Income taxes | 67/77 | €908 | €1,837 | +€929 | +102% |
| Profit (loss) for the period | 9904 | €357 | €1,165 | +€809 | +227% |
| Profit (loss) for the period to be appropriated | 9905 | €357 | €1,165 | +€809 | +227% |
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 20 October 2026 via checked.be.