FANTINA: 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.
FANTINA
Largest movements
- Cash +€22,884
up €22,884 (+105.4%), from €21,703 to €44,587
mainly Net result for the year (+€26,668) and Deferred charges and accrued income (+€2,937)
- Receivables within one year +€3,348
up €3,348 (+20.3%), from €16,478 to €19,826
of which Other amounts receivable: +€2,312
- Deferred charges and accrued income -€2,937
down €2,937 (-40.9%), from €7,175 to €4,238
- Tangible fixed assets -€1,049
down €1,049 (-40.7%), from €2,575 to €1,527
- Reserves +€26,668
up €26,668 (+95.1%), from €28,042 to €54,710
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Gross operating margin -€7,609
down €7,609 (-17.6%), from €43,200 to €35,591
- Financial income +€510
up €510 (+332.6%), from €153 to €663
- Depreciation -€464
down €464 (-30.7%), from €1,513 to €1,049
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 | €47,931 | €70,178 | +€22,247 | +46.4% |
| Fixed assets | 21/28 | €2,575 | €1,527 | -€1,049 | -40.7% |
| Tangible fixed assets | 22/27 | €2,575 | €1,527 | -€1,049 | -40.7% |
| Furniture and vehicles | 24 | €2,575 | €1,527 | -€1,049 | -40.7% |
| Current assets | 29/58 | €45,356 | €68,651 | +€23,296 | +51.4% |
| Amounts receivable within one year | 40/41 | €16,478 | €19,826 | +€3,348 | +20.3% |
| Trade receivables | 40 | €8,528 | €9,565 | +€1,037 | +12.2% |
| Other amounts receivable | 41 | €7,950 | €10,261 | +€2,312 | +29.1% |
| Cash at bank and in hand | 54/58 | €21,703 | €44,587 | +€22,884 | +105.4% |
| Deferred charges and accrued income | 490/1 | €7,175 | €4,238 | -€2,937 | -40.9% |
| Total equity and liabilities | 10/49 | €47,931 | €70,178 | +€22,247 | +46.4% |
| Equity | 10/15 | €30,542 | €57,210 | +€26,668 | +87.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €28,042 | €54,710 | +€26,668 | +95.1% |
| Distributable reserves | 133 | €28,042 | €54,710 | +€26,668 | +95.1% |
| Amounts payable | 17/49 | €17,388 | €12,967 | -€4,421 | -25.4% |
| Amounts payable within one year | 42/48 | €17,388 | €12,282 | -€5,107 | -29.4% |
| Trade debts | 44 | €5,146 | €4,914 | -€233 | -4.5% |
| Suppliers | 440/4 | €5,146 | €4,914 | -€233 | -4.5% |
| Taxes, remuneration and social security | 45 | €7,242 | €7,368 | +€126 | +1.7% |
| Taxes | 450/3 | €7,242 | €7,368 | +€126 | +1.7% |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Accrued charges and deferred income | 492/3 | - | €686 | +€686 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,513 | €1,049 | -€464 | -30.7% |
| Other operating charges | 640/8 | €985 | €679 | -€306 | -31.1% |
| Gross operating margin | 9900 | €43,200 | €35,591 | -€7,609 | -17.6% |
| Operating profit (loss) | 9901 | €40,702 | €33,863 | -€6,839 | -16.8% |
| Financial income | 75/76B | €153 | €663 | +€510 | +332.6% |
| Recurring financial income | 75 | €153 | €663 | +€510 | +332.6% |
| Financial charges | 65/66B | €93 | €3 | -€90 | -96.7% |
| Recurring financial charges | 65 | €93 | €3 | -€90 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | €40,762 | €34,523 | -€6,240 | -15.3% |
| Income taxes | 67/77 | €7,720 | €7,855 | +€135 | +1.7% |
| Profit (loss) for the period | 9904 | €33,042 | €26,668 | -€6,374 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,042 | €26,668 | -€6,374 | -19.3% |
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 11 October 2026 via checked.be.