FANQUELAUR: 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.
FANQUELAUR
Largest movements
- Receivables within one year +€33,638
up €33,638 (+1,121%), from €3,000 to €36,638
- Cash +€10,587
up €10,587 (+8.5%), from €124,314 to €134,901
mainly Trade debts (+€66,013) and Net result for the year (+€28,593)
- Tangible fixed assets -€10,460
down €10,460 (-18.5%), from €56,611 to €46,151
of which Other tangible fixed assets: -€9,642
- Trade debts +€66,013
up €66,013 (+56.7%), from €116,425 to €182,438
- Tax, wage and social debts -€12,728
down €12,728 (-46.1%), from €27,591 to €14,863
of which Taxes: -€10,724
- Debts after one year -€11,297
down €11,297 (-16.5%), from €68,420 to €57,123
- Other debts -€6,011
down €6,011 (-17.4%), from €34,604 to €28,593
- Gross operating margin +€9,201
up €9,201 (+7.6%), from €121,214 to €130,415
- Taxes +€4,202
up €4,202 (+64.4%), from €6,520 to €10,722
- Depreciation +€4,040
up €4,040 (+62.9%), from €6,420 to €10,460
- Staff costs -€1,900
down €1,900 (-2.6%), from €73,178 to €71,278
- Financial charges -€1,870
down €1,870 (-32.3%), from €5,785 to €3,915
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 | €307,872 | €344,313 | +€36,441 | +11.8% |
| Fixed assets | 21/28 | €56,611 | €46,151 | -€10,460 | -18.5% |
| Tangible fixed assets | 22/27 | €56,611 | €46,151 | -€10,460 | -18.5% |
| Plant, machinery and equipment | 23 | €2,273 | €1,531 | -€742 | -32.6% |
| Furniture and vehicles | 24 | €300 | €224 | -€76 | -25.3% |
| Other tangible fixed assets | 26 | €54,038 | €44,396 | -€9,642 | -17.8% |
| Current assets | 29/58 | €251,261 | €298,162 | +€46,901 | +18.7% |
| Stocks and contracts in progress | 3 | €123,864 | €126,540 | +€2,676 | +2.2% |
| Stocks | 30/36 | €123,864 | €126,540 | +€2,676 | +2.2% |
| Amounts receivable within one year | 40/41 | €3,000 | €36,638 | +€33,638 | +1,121% |
| Other amounts receivable | 41 | €3,000 | €36,638 | +€33,638 | +1,121% |
| Cash at bank and in hand | 54/58 | €124,314 | €134,901 | +€10,587 | +8.5% |
| Deferred charges and accrued income | 490/1 | €83 | €83 | = | 0.0% |
| Total equity and liabilities | 10/49 | €307,872 | €344,313 | +€36,441 | +11.8% |
| Equity | 10/15 | €50,000 | €50,000 | = | 0.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €257,872 | €294,313 | +€36,441 | +14.1% |
| Amounts payable after more than one year | 17 | €68,420 | €57,123 | -€11,297 | -16.5% |
| Financial debts | 170/4 | €68,420 | €57,123 | -€11,297 | -16.5% |
| Amounts payable within one year | 42/48 | €189,452 | €237,190 | +€47,738 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | €10,832 | €11,296 | +€464 | +4.3% |
| Trade debts | 44 | €116,425 | €182,438 | +€66,013 | +56.7% |
| Suppliers | 440/4 | €116,425 | €182,438 | +€66,013 | +56.7% |
| Taxes, remuneration and social security | 45 | €27,591 | €14,863 | -€12,728 | -46.1% |
| Taxes | 450/3 | €17,914 | €7,190 | -€10,724 | -59.9% |
| Remuneration and social security | 454/9 | €9,677 | €7,673 | -€2,004 | -20.7% |
| Other amounts payable | 47/48 | €34,604 | €28,593 | -€6,011 | -17.4% |
| Remuneration, social security and pensions | 62 | €73,178 | €71,278 | -€1,900 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,420 | €10,460 | +€4,040 | +62.9% |
| Other operating charges | 640/8 | €6,285 | €6,158 | -€127 | -2.0% |
| Gross operating margin | 9900 | €121,214 | €130,415 | +€9,201 | +7.6% |
| Operating profit (loss) | 9901 | €35,331 | €42,519 | +€7,188 | +20.3% |
| Financial income | 75/76B | €632 | €711 | +€79 | +12.5% |
| Recurring financial income | 75 | €632 | €711 | +€79 | +12.5% |
| Financial charges | 65/66B | €5,785 | €3,915 | -€1,870 | -32.3% |
| Recurring financial charges | 65 | €5,785 | €3,915 | -€1,870 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €30,178 | €39,315 | +€9,137 | +30.3% |
| Income taxes | 67/77 | €6,520 | €10,722 | +€4,202 | +64.4% |
| Profit (loss) for the period | 9904 | €23,658 | €28,593 | +€4,935 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,658 | €28,593 | +€4,935 | +20.9% |
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 13 October 2026 via checked.be.