FANTECH: 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.
FANTECH
Largest movements
- Cash -€3,202
down €3,202 (-88.0%), from €3,640 to €438
mainly Net result for the year (-€4,640) and Other debts (-€2,384)
- Tangible fixed assets -€1,833
down €1,833 (-23.3%), from €7,873 to €6,040
- Receivables within one year -€1,088
down €1,088 (-15.4%), from €7,053 to €5,965
of which Trade receivables: -€1,164
- Deferred charges and accrued income -€455
no longer reported in 2025 (was €455)
- Profit (loss) carried forward -€4,640
down €4,640 (-14.0%), from -€33,173 to -€37,813
- Other debts -€2,384
down €2,384 (-7.3%), from €32,671 to €30,287
- Trade debts +€255
up €255 (+19.2%), from €1,328 to €1,583
- Gross operating margin -€12,254
down €12,254, from €12,058 to -€196
- Financial charges -€3,524
down €3,524 (-95.0%), from €3,711 to €187
of which Non-recurring financial charges: -€3,331
- Write-downs +€536
new in 2025: €536
- Depreciation +€209
up €209 (+8.0%), from €2,624 to €2,833
- Other operating charges -€162
down €162 (-18.9%), from €857 to €695
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 | €19,920 | €13,162 | -€6,758 | -33.9% |
| Fixed assets | 21/28 | €7,873 | €6,040 | -€1,833 | -23.3% |
| Tangible fixed assets | 22/27 | €7,873 | €6,040 | -€1,833 | -23.3% |
| Furniture and vehicles | 24 | €7,873 | €6,040 | -€1,833 | -23.3% |
| Current assets | 29/58 | €12,047 | €7,122 | -€4,925 | -40.9% |
| Stocks and contracts in progress | 3 | €899 | €719 | -€180 | -20.0% |
| Stocks | 30/36 | €899 | €719 | -€180 | -20.0% |
| Amounts receivable within one year | 40/41 | €7,053 | €5,965 | -€1,088 | -15.4% |
| Trade receivables | 40 | €4,066 | €2,902 | -€1,164 | -28.6% |
| Other amounts receivable | 41 | €2,987 | €3,063 | +€76 | +2.5% |
| Cash at bank and in hand | 54/58 | €3,640 | €438 | -€3,202 | -88.0% |
| Deferred charges and accrued income | 490/1 | €455 | - | -€455 | |
| Total equity and liabilities | 10/49 | €19,920 | €13,162 | -€6,758 | -33.9% |
| Equity | 10/15 | -€14,387 | -€19,027 | -€4,640 | -32.3% |
| Contributions | 10/11 | €18,786 | €18,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,173 | -€37,813 | -€4,640 | -14.0% |
| Amounts payable | 17/49 | €34,307 | €32,189 | -€2,118 | -6.2% |
| Amounts payable within one year | 42/48 | €34,307 | €32,189 | -€2,118 | -6.2% |
| Trade debts | 44 | €1,328 | €1,583 | +€255 | +19.2% |
| Suppliers | 440/4 | €1,328 | €1,583 | +€255 | +19.2% |
| Taxes, remuneration and social security | 45 | €308 | €319 | +€11 | +3.6% |
| Taxes | 450/3 | €308 | €319 | +€11 | +3.6% |
| Other amounts payable | 47/48 | €32,671 | €30,287 | -€2,384 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,624 | €2,833 | +€209 | +8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €536 | +€536 | |
| Other operating charges | 640/8 | €857 | €695 | -€162 | -18.9% |
| Gross operating margin | 9900 | €12,058 | -€196 | -€12,254 | |
| Operating profit (loss) | 9901 | €8,577 | -€4,260 | -€12,837 | |
| Financial charges | 65/66B | €3,711 | €187 | -€3,524 | -95.0% |
| Recurring financial charges | 65 | €380 | €187 | -€193 | -50.8% |
| Non-recurring financial charges | 66B | €3,331 | - | -€3,331 | |
| Profit (loss) for the period before taxes | 9903 | €4,866 | -€4,447 | -€9,313 | |
| Income taxes | 67/77 | €182 | €193 | +€11 | +6.0% |
| Profit (loss) for the period | 9904 | €4,684 | -€4,640 | -€9,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,684 | -€4,640 | -€9,324 |
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 10 October 2026 via checked.be.