NJA & FAN: 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.
NJA & FAN
Largest movements
- Receivables within one year +€15,249
up €15,249 (+33.1%), from €46,123 to €61,372
of which Other amounts receivable: +€17,579
- Deferred charges and accrued income -€6,521
down €6,521 (-50.0%), from €13,042 to €6,521
- Tangible fixed assets -€3,207
down €3,207 (-74.1%), from €4,328 to €1,121
- Cash -€1,903
down €1,903 (-99.6%), from €1,911 to €8
mainly Receivables within one year (-€15,249) and Tax, wage and social debts (-€3,018)
- Profit (loss) carried forward +€8,343
up €8,343 (+26.3%), from €31,781 to €40,124
- Tax, wage and social debts -€3,018
down €3,018 (-37.5%), from €8,054 to €5,036
- Current portion of long-term debt -€2,171
down €2,171 (-94.9%), from €2,287 to €117
- Gross operating margin +€9,855
up €9,855 (+87.8%), from €11,228 to €21,084
- Other operating charges +€3,122
up €3,122 (+781%), from €400 to €3,522
- Taxes +€2,193
up €2,193 (+596%), from €368 to €2,560
- Depreciation -€1,985
down €1,985 (-38.2%), from €5,193 to €3,207
- Purchases and services +€1,564
up €1,564 (+0.8%), from €190,790 to €192,355
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 | €65,504 | €69,122 | +€3,618 | +5.5% |
| Fixed assets | 21/28 | €4,428 | €1,221 | -€3,207 | -72.4% |
| Tangible fixed assets | 22/27 | €4,328 | €1,121 | -€3,207 | -74.1% |
| Furniture and vehicles | 24 | €4,328 | €1,121 | -€3,207 | -74.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €61,076 | €67,901 | +€6,825 | +11.2% |
| Amounts receivable within one year | 40/41 | €46,123 | €61,372 | +€15,249 | +33.1% |
| Trade receivables | 40 | €11,687 | €9,357 | -€2,329 | -19.9% |
| Other amounts receivable | 41 | €34,436 | €52,014 | +€17,579 | +51.0% |
| Cash at bank and in hand | 54/58 | €1,911 | €8 | -€1,903 | -99.6% |
| Deferred charges and accrued income | 490/1 | €13,042 | €6,521 | -€6,521 | -50.0% |
| Total equity and liabilities | 10/49 | €65,504 | €69,122 | +€3,618 | +5.5% |
| Equity | 10/15 | €47,381 | €55,724 | +€8,343 | +17.6% |
| Contributions | 10/11 | €15,600 | €15,600 | = | 0.0% |
| Contributions outside capital | 11 | €15,600 | - | -€15,600 | |
| Other | 1109/19 | €15,600 | - | -€15,600 | |
| Profit (loss) carried forward | 14 | €31,781 | €40,124 | +€8,343 | +26.3% |
| Amounts payable | 17/49 | €18,123 | €13,398 | -€4,725 | -26.1% |
| Amounts payable within one year | 42/48 | €18,123 | €13,398 | -€4,725 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €2,287 | €117 | -€2,171 | -94.9% |
| Trade debts | 44 | €7,781 | €8,245 | +€464 | +6.0% |
| Suppliers | 440/4 | €7,781 | €8,245 | +€464 | +6.0% |
| Taxes, remuneration and social security | 45 | €8,054 | €5,036 | -€3,018 | -37.5% |
| Taxes | 450/3 | €8,054 | €5,036 | -€3,018 | -37.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €190,790 | €192,355 | +€1,564 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,193 | €3,207 | -€1,985 | -38.2% |
| Other operating charges | 640/8 | €400 | €3,522 | +€3,122 | +781% |
| Non-recurring operating charges | 66A | €150 | €496 | +€346 | +230% |
| Gross operating margin | 9900 | €11,228 | €21,084 | +€9,855 | +87.8% |
| Operating profit (loss) | 9901 | €5,486 | €13,859 | +€8,373 | +153% |
| Financial income | 75/76B | €179 | €149 | -€30 | -17.0% |
| Recurring financial income | 75 | €179 | €149 | -€30 | -17.0% |
| Financial charges | 65/66B | €4,129 | €3,104 | -€1,025 | -24.8% |
| Recurring financial charges | 65 | €4,129 | €3,104 | -€1,025 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €1,536 | €10,903 | +€9,367 | +610% |
| Income taxes | 67/77 | €368 | €2,560 | +€2,193 | +596% |
| Profit (loss) for the period | 9904 | €1,169 | €8,343 | +€7,174 | +614% |
| Profit (loss) for the period to be appropriated | 9905 | €1,169 | €8,343 | +€7,174 | +614% |
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 25 October 2026 via checked.be.