FANNY FEUILLIEN: 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 FEUILLIEN
Largest movements
- Receivables after one year +€165,000
new in 2025: €165,000
- Receivables within one year -€53,364
down €53,364 (-76.3%), from €69,942 to €16,578
- Tangible fixed assets -€3,704
down €3,704 (-90.2%), from €4,108 to €404
of which Leasing and similar rights: -€3,304
- Trade debts +€60,480
up €60,480 (+1,871%), from €3,232 to €63,712
- Profit (loss) carried forward +€26,839
up €26,839 (+95.5%), from €28,108 to €54,947
- Tax, wage and social debts +€18,390
up €18,390 (+91.4%), from €20,125 to €38,515
of which Taxes: +€15,172
- Other debts +€2,364
up €2,364 (+102%), from €2,328 to €4,692
- Turnover -€184,750
no longer reported in 2025 (was €184,750)
- Purchases and services -€147,442
no longer reported in 2025 (was €147,442)
- Gross operating margin +€37,075
up €37,075 (+99.4%), from €37,307 to €74,382
- Staff costs +€21,699
new in 2025: €21,699
- Taxes +€11,566
up €11,566 (+142%), from €8,161 to €19,726
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 | €74,252 | €182,326 | +€108,074 | +146% |
| Fixed assets | 21/28 | €4,108 | €404 | -€3,704 | -90.2% |
| Tangible fixed assets | 22/27 | €4,108 | €404 | -€3,704 | -90.2% |
| Furniture and vehicles | 24 | €804 | €404 | -€400 | -49.8% |
| Leasing and similar rights | 25 | €3,304 | - | -€3,304 | |
| Current assets | 29/58 | €70,144 | €181,922 | +€111,777 | +159% |
| Amounts receivable after more than one year | 29 | - | €165,000 | +€165,000 | |
| Other amounts receivable | 291 | - | €165,000 | +€165,000 | |
| Amounts receivable within one year | 40/41 | €69,942 | €16,578 | -€53,364 | -76.3% |
| Trade receivables | 40 | €69,942 | €16,578 | -€53,364 | -76.3% |
| Cash at bank and in hand | 54/58 | €143 | €3 | -€139 | -97.7% |
| Deferred charges and accrued income | 490/1 | €60 | €340 | +€281 | +468% |
| Total equity and liabilities | 10/49 | €74,252 | €182,326 | +€108,074 | +146% |
| Equity | 10/15 | €48,568 | €75,407 | +€26,839 | +55.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,108 | €54,947 | +€26,839 | +95.5% |
| Amounts payable | 17/49 | €25,685 | €106,919 | +€81,234 | +316% |
| Amounts payable within one year | 42/48 | €25,685 | €106,919 | +€81,234 | +316% |
| Trade debts | 44 | €3,232 | €63,712 | +€60,480 | +1,871% |
| Suppliers | 440/4 | €3,232 | €63,712 | +€60,480 | +1,871% |
| Taxes, remuneration and social security | 45 | €20,125 | €38,515 | +€18,390 | +91.4% |
| Taxes | 450/3 | €20,125 | €35,297 | +€15,172 | +75.4% |
| Remuneration and social security | 454/9 | - | €3,218 | +€3,218 | |
| Other amounts payable | 47/48 | €2,328 | €4,692 | +€2,364 | +102% |
| Turnover | 70 | €184,750 | - | -€184,750 | |
| Goods, raw materials, services and sundry goods | 60/61 | €147,442 | - | -€147,442 | |
| Remuneration, social security and pensions | 62 | - | €21,699 | +€21,699 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,700 | €3,704 | +€4 | +0.1% |
| Other operating charges | 640/8 | €1,146 | €1,747 | +€601 | +52.5% |
| Gross operating margin | 9900 | €37,307 | €74,382 | +€37,075 | +99.4% |
| Operating profit (loss) | 9901 | €32,462 | €47,233 | +€14,771 | +45.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €553 | €668 | +€115 | +20.9% |
| Recurring financial charges | 65 | €553 | €668 | +€115 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €31,909 | €46,566 | +€14,657 | +45.9% |
| Income taxes | 67/77 | €8,161 | €19,726 | +€11,566 | +142% |
| Profit (loss) for the period | 9904 | €23,748 | €26,839 | +€3,091 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,748 | €26,839 | +€3,091 | +13.0% |
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 14 October 2026 via checked.be.