FNAK: 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.
FNAK
Largest movements
- Cash +€11,127
up €11,127 (+21.1%), from €52,674 to €63,801
mainly Net result for the year (+€73,765) and Receivables within one year (+€4,313)
- Receivables within one year -€4,313
down €4,313 (-21.0%), from €20,578 to €16,265
of which Trade receivables: -€4,312
- Deferred charges and accrued income +€3,727
up €3,727 (+548%), from €681 to €4,408
- Profit (loss) carried forward +€9,765
up €9,765 (+15.1%), from €64,653 to €74,418
- Tax, wage and social debts +€1,205
up €1,205 (+13.7%), from €8,776 to €9,981
- Gross operating margin +€12,608
up €12,608 (+14.7%), from €85,553 to €98,161
- Taxes +€2,233
up €2,233 (+12.8%), from €17,489 to €19,722
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 | €76,748 | €86,545 | +€9,798 | +12.8% |
| Fixed assets | 21/28 | €2,815 | €2,071 | -€744 | -26.4% |
| Tangible fixed assets | 22/27 | €2,815 | €2,071 | -€744 | -26.4% |
| Plant, machinery and equipment | 23 | €2,815 | €2,071 | -€744 | -26.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €73,933 | €84,474 | +€10,541 | +14.3% |
| Amounts receivable within one year | 40/41 | €20,578 | €16,265 | -€4,313 | -21.0% |
| Trade receivables | 40 | €20,066 | €15,754 | -€4,312 | -21.5% |
| Other amounts receivable | 41 | €512 | €511 | -€1 | -0.2% |
| Cash at bank and in hand | 54/58 | €52,674 | €63,801 | +€11,127 | +21.1% |
| Deferred charges and accrued income | 490/1 | €681 | €4,408 | +€3,727 | +548% |
| Total equity and liabilities | 10/49 | €76,748 | €86,545 | +€9,798 | +12.8% |
| Equity | 10/15 | €64,653 | €74,418 | +€9,765 | +15.1% |
| Profit (loss) carried forward | 14 | €64,653 | €74,418 | +€9,765 | +15.1% |
| Amounts payable | 17/49 | €12,095 | €12,127 | +€32 | +0.3% |
| Amounts payable within one year | 42/48 | €12,095 | €12,127 | +€32 | +0.3% |
| Financial debts | 43 | €461 | €48 | -€414 | -89.7% |
| Credit institutions | 430/8 | €461 | €48 | -€414 | -89.7% |
| Trade debts | 44 | €2,545 | €1,955 | -€590 | -23.2% |
| Suppliers | 440/4 | €2,545 | €1,955 | -€590 | -23.2% |
| Taxes, remuneration and social security | 45 | €8,776 | €9,981 | +€1,205 | +13.7% |
| Taxes | 450/3 | €8,776 | €9,981 | +€1,205 | +13.7% |
| Other amounts payable | 47/48 | €313 | €144 | -€169 | -54.0% |
| Non-recurring operating income | 76A | - | €1,188 | +€1,188 | |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €838 | €744 | -€94 | -11.2% |
| Other operating charges | 640/8 | €1,357 | €922 | -€435 | -32.1% |
| Gross operating margin | 9900 | €85,553 | €98,161 | +€12,608 | +14.7% |
| Operating profit (loss) | 9901 | €83,358 | €96,246 | +€12,887 | +15.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €1,793 | €2,759 | +€965 | +53.8% |
| Recurring financial charges | 65 | €1,793 | €2,759 | +€965 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €81,566 | €93,487 | +€11,921 | +14.6% |
| Income taxes | 67/77 | €17,489 | €19,722 | +€2,233 | +12.8% |
| Profit (loss) for the period | 9904 | €64,077 | €73,765 | +€9,688 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €64,077 | €73,765 | +€9,688 | +15.1% |
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.