FENNEC PRODUCTIONS: 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.
FENNEC PRODUCTIONS
Largest movements
- Cash -€25,877
down €25,877 (-45.9%), from €56,404 to €30,527
mainly Net result for the year (-€16,244) and Other debts (-€6,777)
- Receivables within one year +€634
up €634 (+32.5%), from €1,949 to €2,582
- Profit (loss) carried forward -€16,335
down €16,335 (-62.1%), from €26,325 to €9,990
- Other debts -€6,777
down €6,777 (-70.2%), from €9,660 to €2,883
- Trade debts -€2,109
down €2,109 (-15.8%), from €13,357 to €11,248
- Gross operating margin +€3,448
up €3,448 (+18.0%), from -€19,173 to -€15,725
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 | €58,353 | €33,131 | -€25,222 | -43.2% |
| Current assets | 29/58 | €58,353 | €33,131 | -€25,222 | -43.2% |
| Amounts receivable within one year | 40/41 | €1,949 | €2,582 | +€634 | +32.5% |
| Trade receivables | 40 | €1,949 | €2,582 | +€634 | +32.5% |
| Cash at bank and in hand | 54/58 | €56,404 | €30,527 | -€25,877 | -45.9% |
| Deferred charges and accrued income | 490/1 | - | €21 | +€21 | |
| Total equity and liabilities | 10/49 | €58,353 | €33,131 | -€25,222 | -43.2% |
| Equity | 10/15 | €34,385 | €18,050 | -€16,335 | -47.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €26,325 | €9,990 | -€16,335 | -62.1% |
| Amounts payable | 17/49 | €23,968 | €15,081 | -€8,887 | -37.1% |
| Amounts payable within one year | 42/48 | €23,968 | €15,081 | -€8,887 | -37.1% |
| Financial debts | 43 | €950 | €950 | = | 0.0% |
| Credit institutions | 430/8 | €950 | €950 | = | 0.0% |
| Trade debts | 44 | €13,357 | €11,248 | -€2,109 | -15.8% |
| Suppliers | 440/4 | €13,357 | €11,248 | -€2,109 | -15.8% |
| Other amounts payable | 47/48 | €9,660 | €2,883 | -€6,777 | -70.2% |
| Other operating charges | 640/8 | €450 | €435 | -€16 | -3.5% |
| Gross operating margin | 9900 | -€19,173 | -€15,725 | +€3,448 | +18.0% |
| Operating profit (loss) | 9901 | -€19,624 | -€16,160 | +€3,464 | +17.7% |
| Financial charges | 65/66B | €56 | €84 | +€28 | +51.1% |
| Recurring financial charges | 65 | €56 | €84 | +€28 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,680 | -€16,244 | +€3,436 | +17.5% |
| Profit (loss) for the period | 9904 | -€19,680 | -€16,244 | +€3,436 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,680 | -€16,244 | +€3,436 | +17.5% |
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 31 October 2026 via checked.be.