Fanny DM: 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 DM
Largest movements
- Cash -€12,229
down €12,229 (-11.2%), from €109,171 to €96,942
mainly Contributions, distributions and other (-€183,425) and Investment in fixed assets (net) (-€1,233)
- Profit (loss) carried forward -€131,215
no longer reported in 2025 (was €131,215)
- Other debts +€109,938
up €109,938 (+3084.2%), from €3,565 to €113,503
- Tax, wage and social debts +€10,264
new in 2025: €10,264
- Gross operating margin +€19,061
up €19,061 (+40.2%), from €47,403 to €66,464
- Taxes +€2,901
up €2,901 (+30.2%), from €9,599 to €12,500
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 | €136,140 | €124,930 | -€11,210 | -8.2% |
| Fixed assets | 21/28 | €9,910 | €10,709 | +€799 | +8.1% |
| Tangible fixed assets | 22/27 | €880 | €1,679 | +€799 | +90.8% |
| Plant, machinery and equipment | 23 | - | €1,145 | +€1,145 | |
| Furniture and vehicles | 24 | €880 | €533 | -€347 | -39.4% |
| Financial fixed assets | 28 | €9,031 | €9,031 | = | 0.0% |
| Current assets | 29/58 | €126,230 | €114,221 | -€12,009 | -9.5% |
| Amounts receivable within one year | 40/41 | €17,058 | €17,279 | +€220 | +1.3% |
| Trade receivables | 40 | €17,058 | €17,279 | +€220 | +1.3% |
| Cash at bank and in hand | 54/58 | €109,171 | €96,942 | -€12,229 | -11.2% |
| Total equity and liabilities | 10/49 | €136,140 | €124,930 | -€11,210 | -8.2% |
| Equity | 10/15 | €132,215 | €1,000 | -€131,215 | -99.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,215 | - | -€131,215 | |
| Amounts payable | 17/49 | €3,925 | €123,930 | +€120,005 | +3057.5% |
| Amounts payable within one year | 42/48 | €3,925 | €123,930 | +€120,005 | +3057.5% |
| Trade debts | 44 | €360 | €164 | -€197 | -54.6% |
| Suppliers | 440/4 | €360 | €164 | -€197 | -54.6% |
| Taxes, remuneration and social security | 45 | - | €10,264 | +€10,264 | |
| Taxes | 450/3 | - | €10,264 | +€10,264 | |
| Other amounts payable | 47/48 | €3,565 | €113,503 | +€109,938 | +3084.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €640 | €434 | -€206 | -32.2% |
| Other operating charges | 640/8 | €926 | €775 | -€152 | -16.4% |
| Gross operating margin | 9900 | €47,403 | €66,464 | +€19,061 | +40.2% |
| Operating profit (loss) | 9901 | €45,836 | €65,255 | +€19,419 | +42.4% |
| Financial charges | 65/66B | €710 | €545 | -€166 | -23.3% |
| Recurring financial charges | 65 | €710 | €545 | -€166 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €45,126 | €64,710 | +€19,584 | +43.4% |
| Income taxes | 67/77 | €9,599 | €12,500 | +€2,901 | +30.2% |
| Profit (loss) for the period | 9904 | €35,527 | €52,210 | +€16,684 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,527 | €52,210 | +€16,684 | +47.0% |
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 12 October 2026 via checked.be.