IT - FAN: what changed
Two fiscal 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.
IT - FAN
Largest movements
- Current investments +€31,908
up €31,908 (+7.3%), from €438,146 to €470,055
- Cash +€25,984
up €25,984 (+20.2%), from €128,757 to €154,742
mainly Net result for the year (+€72,805) and Depreciation (+€1,104)
- Reserves +€72,000
up €72,000 (+13.3%), from €540,860 to €612,860
of which Distributable reserves: +€72,000
- Tax, wage and social debts -€10,629
down €10,629 (-91.0%), from €11,678 to €1,049
- Taxes +€7,654
up €7,654 (+19.4%), from €39,400 to €47,054
- Gross operating margin -€6,714
down €6,714 (-5.4%), from €124,569 to €117,854
- Financial income +€5,715
up €5,715 (+226.1%), from €2,528 to €8,242
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 | €633,098 | €693,349 | +€60,251 | +9.5% |
| Fixed assets | 21/28 | €47,995 | €46,891 | -€1,104 | -2.3% |
| Tangible fixed assets | 22/27 | €47,995 | €46,891 | -€1,104 | -2.3% |
| Land and buildings | 22 | €44,745 | €44,020 | -€725 | -1.6% |
| Plant, machinery and equipment | 23 | €3,250 | €2,871 | -€379 | -11.7% |
| Current assets | 29/58 | €585,103 | €646,457 | +€61,354 | +10.5% |
| Amounts receivable within one year | 40/41 | €18,200 | €21,661 | +€3,462 | +19.0% |
| Trade receivables | 40 | €18,200 | €17,116 | -€1,084 | -6.0% |
| Other amounts receivable | 41 | - | €4,546 | +€4,546 | |
| Current investments | 50/53 | €438,146 | €470,055 | +€31,908 | +7.3% |
| Cash at bank and in hand | 54/58 | €128,757 | €154,742 | +€25,984 | +20.2% |
| Total equity and liabilities | 10/49 | €633,098 | €693,349 | +€60,251 | +9.5% |
| Equity | 10/15 | €614,079 | €686,884 | +€72,805 | +11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €540,860 | €612,860 | +€72,000 | +13.3% |
| Tax-exempt reserves | 132 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €495,860 | €567,860 | +€72,000 | +14.5% |
| Profit (loss) carried forward | 14 | €67,019 | €67,824 | +€805 | +1.2% |
| Amounts payable | 17/49 | €19,019 | €6,464 | -€12,555 | -66.0% |
| Amounts payable within one year | 42/48 | €19,019 | €6,464 | -€12,555 | -66.0% |
| Trade debts | 44 | €3,057 | €963 | -€2,094 | -68.5% |
| Suppliers | 440/4 | €3,057 | €963 | -€2,094 | -68.5% |
| Taxes, remuneration and social security | 45 | €11,678 | €1,049 | -€10,629 | -91.0% |
| Taxes | 450/3 | €11,678 | €1,049 | -€10,629 | -91.0% |
| Other amounts payable | 47/48 | €4,283 | €4,452 | +€169 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,104 | €1,104 | = | 0.0% |
| Other operating charges | 640/8 | €3,674 | €4,826 | +€1,152 | +31.3% |
| Gross operating margin | 9900 | €124,569 | €117,854 | -€6,714 | -5.4% |
| Operating profit (loss) | 9901 | €119,791 | €111,925 | -€7,866 | -6.6% |
| Financial income | 75/76B | €2,528 | €8,242 | +€5,715 | +226.1% |
| Recurring financial income | 75 | €2,528 | €8,242 | +€5,715 | +226.1% |
| Financial charges | 65/66B | €238 | €309 | +€71 | +29.7% |
| Recurring financial charges | 65 | €238 | €309 | +€71 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €122,081 | €119,859 | -€2,222 | -1.8% |
| Income taxes | 67/77 | €39,400 | €47,054 | +€7,654 | +19.4% |
| Profit (loss) for the period | 9904 | €82,681 | €72,805 | -€9,876 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €82,681 | €72,805 | -€9,876 | -11.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.