FANTOM'S: 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.
What changed
FANTOM'S
NACE 66.220, Insurance agents and brokers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€206,201
2024 · €98,854+€107,346
Equity
€523,072
2024 · €522,872+€201
Cash
€75,846
2024 · €63,580+€12,266
Balance sheet total
€1.8m
2024 · €1.5m+€279,076
Largest movements
Assets
- Tangible fixed assets +€223,941
up €223,941 (+39.4%), from €567,815 to €791,755
of which Land and buildings: +€180,144
- Receivables within one year +€42,533
up €42,533 (+102%), from €41,832 to €84,365
Equity and liabilities
- Other debts +€175,100
up €175,100 (+45,799%), from €382 to €175,482
- Debts after one year +€72,365
up €72,365 (+19.4%), from €373,966 to €446,331
of which Financial debts: +€72,365
- Tax, wage and social debts +€56,981
up €56,981 (+3,424%), from €1,664 to €58,645
Income statement
- Gross operating margin +€189,738
up €189,738 (+87.4%), from €217,049 to €406,787
- Depreciation +€42,997
up €42,997 (+127%), from €33,953 to €76,950
- Taxes +€37,772
up €37,772 (+98.4%), from €38,381 to €76,153
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.
Result 2024
€98,854
Gross operating margin
+€189,738
Depreciation
-€42,997
Provisions
+€126
Other operating charges
-€3,357
Financial income
+€2,399
Financial charges
-€791
Taxes
-€37,772
Result 2025
€206,201
raises the resultlowers the result
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.
From operations
+€463,695
Investment
-€300,891
Financing
-€150,538
Cash 2024
€63,580
From operations (derived)
+€463,695
Net result for the year
+€206,201
Depreciation
+€76,950
Receivables within one year
-€42,533
Smaller working-capital items
+€316
Provisions
-€8,202
Trade debts
-€1,119
Tax, wage and social debts
+€56,981
Other debts
+€175,100
Investment (derived)
-€300,891
Investment in fixed assets (net)
-€300,891
Financing
-€150,538
Debts after one year
+€72,365
Current portion of long-term debt
-€16,903
Contributions, distributions and other
-€206,000
Cash 2025
€75,846
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,530,105 | €1,809,181 | +€279,076 | +18.2% |
| Fixed assets | 21/28 | €1,417,865 | €1,641,805 | +€223,941 | +15.8% |
| Tangible fixed assets | 22/27 | €567,815 | €791,755 | +€223,941 | +39.4% |
| Land and buildings | 22 | €484,466 | €664,609 | +€180,144 | +37.2% |
| Plant, machinery and equipment | 23 | €54,536 | €88,662 | +€34,125 | +62.6% |
| Furniture and vehicles | 24 | €24,586 | €34,602 | +€10,016 | +40.7% |
| Other tangible fixed assets | 26 | €4,228 | €3,883 | -€344 | -8.1% |
| Financial fixed assets | 28 | €850,050 | €850,050 | = | 0.0% |
| Current assets | 29/58 | €112,240 | €167,375 | +€55,136 | +49.1% |
| Amounts receivable within one year | 40/41 | €41,832 | €84,365 | +€42,533 | +102% |
| Other amounts receivable | 41 | €41,832 | €84,365 | +€42,533 | +102% |
| Cash at bank and in hand | 54/58 | €63,580 | €75,846 | +€12,266 | +19.3% |
| Deferred charges and accrued income | 490/1 | €6,827 | €7,164 | +€337 | +4.9% |
| Total equity and liabilities | 10/49 | €1,530,105 | €1,809,181 | +€279,076 | +18.2% |
| Equity | 10/15 | €522,872 | €523,072 | +€201 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €504,200 | €504,200 | = | 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% |
| Tax-exempt reserves | 132 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €484,340 | €484,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72 | €272 | +€201 | +280% |
| Provisions and deferred taxes | 16 | €546,130 | €537,928 | -€8,202 | -1.5% |
| Provisions for liabilities and charges | 160/5 | €546,130 | €537,928 | -€8,202 | -1.5% |
| Other liabilities and charges | 164/5 | €546,130 | €537,928 | -€8,202 | -1.5% |
| Amounts payable | 17/49 | €461,103 | €748,181 | +€287,077 | +62.3% |
| Amounts payable after more than one year | 17 | €373,966 | €446,331 | +€72,365 | +19.4% |
| Financial debts | 170/4 | €372,526 | €444,891 | +€72,365 | +19.4% |
| Other amounts payable | 178/9 | €1,440 | €1,440 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,124 | €299,184 | +€214,059 | +251% |
| Current portion of amounts payable after more than one year | 42 | €77,511 | €60,608 | -€16,903 | -21.8% |
| Trade debts | 44 | €5,567 | €4,448 | -€1,119 | -20.1% |
| Suppliers | 440/4 | €5,567 | €4,448 | -€1,119 | -20.1% |
| Taxes, remuneration and social security | 45 | €1,664 | €58,645 | +€56,981 | +3,424% |
| Taxes | 450/3 | €1,664 | €58,645 | +€56,981 | +3,424% |
| Other amounts payable | 47/48 | €382 | €175,482 | +€175,100 | +45,799% |
| Accrued charges and deferred income | 492/3 | €2,013 | €2,666 | +€653 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,953 | €76,950 | +€42,997 | +127% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€8,076 | -€8,202 | -€126 | -1.6% |
| Other operating charges | 640/8 | €2,037 | €5,394 | +€3,357 | +165% |
| Gross operating margin | 9900 | €217,049 | €406,787 | +€189,738 | +87.4% |
| Operating profit (loss) | 9901 | €189,135 | €332,645 | +€143,510 | +75.9% |
| Financial income | 75/76B | €586 | €2,985 | +€2,399 | +409% |
| Recurring financial income | 75 | €586 | €2,985 | +€2,399 | +409% |
| Financial charges | 65/66B | €52,486 | €53,277 | +€791 | +1.5% |
| Recurring financial charges | 65 | €51,930 | €53,277 | +€1,347 | +2.6% |
| Non-recurring financial charges | 66B | €556 | - | -€556 | |
| Profit (loss) for the period before taxes | 9903 | €137,236 | €282,354 | +€145,118 | +106% |
| Income taxes | 67/77 | €38,381 | €76,153 | +€37,772 | +98.4% |
| Profit (loss) for the period | 9904 | €98,854 | €206,201 | +€107,346 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €98,854 | €206,201 | +€107,346 | +109% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.