FENINCE KAN: 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.
FENINCE KAN
Largest movements
- Receivables within one year -€53,264
down €53,264 (-96.9%), from €54,976 to €1,711
of which Trade receivables: -€52,781
- Stocks and contracts -€9,495
down €9,495 (-58.1%), from €16,343 to €6,848
- Cash +€3,955
up €3,955 (+121%), from €3,259 to €7,214
mainly Receivables within one year (+€53,264) and Contributions, distributions and other (+€13,000)
- Trade debts -€50,305
down €50,305 (-91.4%), from €55,033 to €4,729
- Contributions +€13,000
up €13,000 (+650%), from €2,000 to €15,000
- Profit (loss) carried forward -€11,707
down €11,707, from €9,687 to -€2,020
- Tax, wage and social debts -€9,793
down €9,793 (-78.5%), from €12,480 to €2,687
of which Remuneration and social security: -€7,776
- Purchases and services +€95,740
up €95,740 (+19.8%), from €484,070 to €579,810
- Turnover +€73,134
up €73,134 (+15.0%), from €488,222 to €561,356
- Gross operating margin -€12,226
down €12,226, from €4,832 to -€7,394
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 | €79,200 | €20,396 | -€58,805 | -74.2% |
| Fixed assets | 21/28 | €4,622 | €4,622 | = | 0.0% |
| Tangible fixed assets | 22/27 | €822 | €822 | = | 0.0% |
| Furniture and vehicles | 24 | €822 | €822 | = | 0.0% |
| Financial fixed assets | 28 | €3,800 | €3,800 | = | 0.0% |
| Current assets | 29/58 | €74,578 | €15,773 | -€58,805 | -78.8% |
| Stocks and contracts in progress | 3 | €16,343 | €6,848 | -€9,495 | -58.1% |
| Stocks | 30/36 | €16,343 | €6,848 | -€9,495 | -58.1% |
| Amounts receivable within one year | 40/41 | €54,976 | €1,711 | -€53,264 | -96.9% |
| Trade receivables | 40 | €52,781 | - | -€52,781 | |
| Other amounts receivable | 41 | €2,194 | €1,711 | -€483 | -22.0% |
| Cash at bank and in hand | 54/58 | €3,259 | €7,214 | +€3,955 | +121% |
| Total equity and liabilities | 10/49 | €79,200 | €20,396 | -€58,805 | -74.2% |
| Equity | 10/15 | €11,687 | €12,980 | +€1,293 | +11.1% |
| Contributions | 10/11 | €2,000 | €15,000 | +€13,000 | +650% |
| Profit (loss) carried forward | 14 | €9,687 | -€2,020 | -€11,707 | |
| Amounts payable | 17/49 | €67,514 | €7,416 | -€60,098 | -89.0% |
| Amounts payable within one year | 42/48 | €67,514 | €7,416 | -€60,098 | -89.0% |
| Trade debts | 44 | €55,033 | €4,729 | -€50,305 | -91.4% |
| Suppliers | 440/4 | €55,033 | €4,729 | -€50,305 | -91.4% |
| Taxes, remuneration and social security | 45 | €12,480 | €2,687 | -€9,793 | -78.5% |
| Taxes | 450/3 | €4,704 | €2,687 | -€2,017 | -42.9% |
| Remuneration and social security | 454/9 | €7,776 | - | -€7,776 | |
| Turnover | 70 | €488,222 | €561,356 | +€73,134 | +15.0% |
| Non-recurring operating income | 76A | - | €10,526 | +€10,526 | |
| Goods, raw materials, services and sundry goods | 60/61 | €484,070 | €579,810 | +€95,740 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €560 | - | -€560 | |
| Other operating charges | 640/8 | €2,420 | €1,446 | -€974 | -40.3% |
| Non-recurring operating charges | 66A | - | €2,500 | +€2,500 | |
| Gross operating margin | 9900 | €4,832 | -€7,394 | -€12,226 | |
| Operating profit (loss) | 9901 | €1,852 | -€11,340 | -€13,192 | |
| Financial charges | 65/66B | €348 | €367 | +€19 | +5.4% |
| Recurring financial charges | 65 | €348 | €367 | +€19 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €1,504 | -€11,707 | -€13,210 | |
| Income taxes | 67/77 | €1,126 | - | -€1,126 | |
| Profit (loss) for the period | 9904 | €377 | -€11,707 | -€12,084 | |
| Profit (loss) for the period to be appropriated | 9905 | €377 | -€11,707 | -€12,084 |
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 28 October 2026 via checked.be.