FASAN CONSULT: 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.
FASAN CONSULT
Largest movements
- Tangible fixed assets +€26,116
up €26,116 (+2345.7%), from €1,113 to €27,229
of which Furniture and vehicles: +€23,388
- Cash -€16,798
down €16,798 (-71.5%), from €23,485 to €6,687
mainly Investment in fixed assets (net) (-€34,876) and Tax, wage and social debts (-€5,120)
- Receivables within one year -€5,645
down €5,645 (-83.8%), from €6,734 to €1,089
- Debts after one year +€15,000
new in 2025: €15,000
- Tax, wage and social debts -€5,120
down €5,120 (-88.3%), from €5,801 to €681
of which Taxes: -€3,463
- Other debts -€2,898
down €2,898 (-52.1%), from €5,561 to €2,663
- Profit (loss) carried forward -€1,701
down €1,701 (-218.4%), from -€779 to -€2,480
- Trade debts -€1,322
down €1,322 (-62.4%), from €2,117 to €795
- Depreciation +€8,020
up €8,020 (+1083.1%), from €740 to €8,760
- Gross operating margin +€6,292
up €6,292 (+302.9%), from €2,078 to €8,370
- Financial charges +€798
new in 2025: €798
- Taxes -€424
down €424 (-73.9%), from €574 to €150
- Other operating charges -€240
down €240 (-27.0%), from €888 to €648
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 | €32,750 | €36,534 | +€3,784 | +11.6% |
| Fixed assets | 21/28 | €1,113 | €27,229 | +€26,116 | +2345.7% |
| Tangible fixed assets | 22/27 | €1,113 | €27,229 | +€26,116 | +2345.7% |
| Plant, machinery and equipment | 23 | - | €2,728 | +€2,728 | |
| Furniture and vehicles | 24 | €1,113 | €24,501 | +€23,388 | +2100.6% |
| Current assets | 29/58 | €31,637 | €9,305 | -€22,331 | -70.6% |
| Stocks and contracts in progress | 3 | €269 | €269 | = | 0.0% |
| Stocks | 30/36 | €269 | €269 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,734 | €1,089 | -€5,645 | -83.8% |
| Trade receivables | 40 | €6,734 | €1,089 | -€5,645 | -83.8% |
| Cash at bank and in hand | 54/58 | €23,485 | €6,687 | -€16,798 | -71.5% |
| Deferred charges and accrued income | 490/1 | €1,148 | €1,260 | +€111 | +9.7% |
| Total equity and liabilities | 10/49 | €32,750 | €36,534 | +€3,784 | +11.6% |
| Equity | 10/15 | €17,991 | €16,290 | -€1,701 | -9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170 | €170 | = | 0.0% |
| Distributable reserves | 133 | €170 | €170 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€779 | -€2,480 | -€1,701 | -218.4% |
| Amounts payable | 17/49 | €14,759 | €20,245 | +€5,485 | +37.2% |
| Amounts payable after more than one year | 17 | - | €15,000 | +€15,000 | |
| Other amounts payable | 178/9 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €13,479 | €4,139 | -€9,340 | -69.3% |
| Trade debts | 44 | €2,117 | €795 | -€1,322 | -62.4% |
| Suppliers | 440/4 | €2,117 | €795 | -€1,322 | -62.4% |
| Taxes, remuneration and social security | 45 | €5,801 | €681 | -€5,120 | -88.3% |
| Taxes | 450/3 | €4,144 | €681 | -€3,463 | -83.6% |
| Remuneration and social security | 454/9 | €1,657 | - | -€1,657 | |
| Other amounts payable | 47/48 | €5,561 | €2,663 | -€2,898 | -52.1% |
| Accrued charges and deferred income | 492/3 | €1,280 | €1,106 | -€174 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €740 | €8,760 | +€8,020 | +1083.1% |
| Other operating charges | 640/8 | €888 | €648 | -€240 | -27.0% |
| Gross operating margin | 9900 | €2,078 | €8,370 | +€6,292 | +302.9% |
| Operating profit (loss) | 9901 | €449 | -€1,039 | -€1,488 | |
| Financial income | 75/76B | €197 | €286 | +€89 | +45.3% |
| Recurring financial income | 75 | €197 | €286 | +€89 | +45.3% |
| Financial charges | 65/66B | - | €798 | +€798 | |
| Recurring financial charges | 65 | - | €798 | +€798 | |
| Profit (loss) for the period before taxes | 9903 | €646 | -€1,551 | -€2,197 | |
| Income taxes | 67/77 | €574 | €150 | -€424 | -73.9% |
| Profit (loss) for the period | 9904 | €72 | -€1,701 | -€1,773 | |
| Profit (loss) for the period to be appropriated | 9905 | €72 | -€1,701 | -€1,773 |
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 12 October 2026 via checked.be.