FUNKY (0883.489.658): financials and annual accounts

FUNKY

Antwerp ·KBO/BCE: BE 0883.489.658

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	52,780	103,816	72,938	100,180	57,257	72,734	117,609	103,836	251,841	244,018	266,606	216,024	124,523	154,205	59,214	100,871	100,100	107,941	115,579
Fixed assets`21/28`	17,564	12,145	11,361	12,050	11,021	15,384	20,743	30,959	47,713	67,572	84,266	97,795	46,392	54,047	35,356	62,752	70,945	87,528	63,104
Intangible fixed assets`21`	-	350	350	350	350	350	350	350	350	350	1,850	3,500	5,500	7,500	9,500	11,500	13,500	15,500	17,500
Tangible fixed assets`22/27`	9,649	4,116	3,332	4,021	2,992	10,505	15,864	26,080	43,074	62,933	78,127	90,006	36,603	44,247	23,556	48,952	55,145	69,728	43,304
Land and buildings`22`	-	-	-	-	-	0	105	1,203	-	-	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	8,731	2,581	1,512	1,916	378	756	1,229	1,947	32,882	43,999	60,747	62,573	22,343	42,984	3,672	9,529	11,928	15,881	11,441
Furniture and vehicles`24`	918	1,535	1,820	2,105	2,391	2,676	349	1,373	10,192	18,934	14,922	27,433	14,260	1,263	1,373	20,626	21,024	28,183	2,613
Other tangible fixed assets`26`	-	-	0	0	223	7,073	14,180	21,557	-	-	2,458	-	-	0	18,511	18,797	22,193	25,665	29,250
Financial fixed assets`28`	7,915	7,679	7,679	7,679	7,679	4,529	4,529	4,529	4,289	4,289	4,289	4,289	4,289	2,300	2,300	2,300	2,300	2,300	2,300
Current assets`29/58`	35,215	91,672	61,577	88,130	46,236	57,351	96,866	72,877	204,128	176,446	182,340	118,229	78,131	100,158	23,858	38,119	29,155	20,412	52,475
Stocks and contracts in progress`3`	10,046	2,265	3,409	3,479	3,085	0	3,704	7,500	7,500	7,500	7,500	3,579	-	-	-	3,718	3,864	6,426	4,331
Stocks`30/36`	10,046	2,265	3,409	3,479	3,085	0	3,704	7,500	7,500	7,500	7,500	3,579	-	-	-	3,718	3,864	6,426	4,331
Amounts receivable within one year`40/41`	12,556	384	1,804	531	591	24,826	39,208	46,165	119,666	60,540	73,976	80,048	45,113	43,691	989	177	1,304	2,573	825
Trade receivables`40`	4,927	384	10	-	0	2,693	1,768	6,344	900	-	7,263	455	378	2,113	370	34	458	-	-
Other amounts receivable`41`	7,629	-	1,794	531	591	22,133	37,440	39,821	118,766	60,540	66,713	79,593	44,735	41,578	619	143	846	2,573	825
Cash at bank and in hand`54/58`	12,613	81,532	51,597	82,862	41,644	32,209	46,050	18,595	76,735	94,129	90,056	31,322	23,818	48,692	22,869	32,724	22,904	10,698	46,643
Deferred charges and accrued income`490/1`	-	7,492	4,767	1,258	916	315	7,904	617	227	14,277	10,808	3,280	9,200	7,775	-	1,499	1,083	714	676
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	52,780	103,816	72,938	100,180	57,257	72,734	117,609	103,836	251,841	244,018	266,606	216,024	124,523	154,205	59,214	100,871	100,100	107,941	115,579
Equity`10/15`	-32,811	24,980	20,976	21,191	17,645	-24,111	-28,334	-32,446	69,891	115,078	113,301	73,967	45,416	61,569	33,001	35,920	40,750	45,678	42,725
Contributions`10/11`	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500
Issued capital`100`	-	-	-	-	-	-	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500	32,500
Reserves`13`	13,150	13,150	13,150	13,150	13,150	13,150	52,642	52,642	52,641	52,641	52,641	13,842	13,842	13,150	13,150	13,150	13,150	13,150	9,750
Non-distributable reserves`130/1`	13,150	13,150	13,150	13,150	13,150	13,150	9,900	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	3,250	3,250	3,250	3,250	3,250	3,250	3,250	3,250	3,250	3,250	3,250	3,250	3,250
Reserves not available under the articles`1311`	13,150	13,150	13,150	13,150	13,150	13,150	-	-	-	-	-	-	-	-	-	-	-	-	-
Other`1319`	-	-	-	-	-	-	9,900	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	-	-	-	-	-	-	-	39,492	39,491	39,491	39,491	692	692	-	-	-	-	-	-
Distributable reserves`133`	-	-	-	-	-	0	39,492	9,900	9,900	9,900	9,900	9,900	9,900	9,900	9,900	9,900	9,900	9,900	6,500
Profit (loss) carried forward`14`	-78,461	-20,670	-24,674	-24,459	-28,005	-69,761	-113,475	-117,587	-15,250	29,937	28,160	27,625	-926	15,919	-12,649	-9,730	-4,900	28	475
Amounts payable`17/49`	85,591	78,837	51,962	78,989	39,612	96,845	145,943	136,282	181,950	128,940	153,305	142,057	79,107	92,636	26,212	64,951	59,350	62,263	72,854
Amounts payable after more than one year`17`	-	-	-	-	0	6,337	11,157	19,203	-	34,501	41,771	48,800	-	-	-	-	-	-	-
Financial debts`170/4`	-	-	-	-	0	6,337	11,157	19,203	-	34,501	41,771	48,800	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	85,591	78,837	50,602	78,989	39,612	90,338	134,120	117,066	181,950	94,439	111,534	93,257	79,107	62,687	23,295	60,907	55,011	57,981	52,994
Current portion of amounts payable after more than one year`42`	-	-	-	0	6,337	8,205	8,045	7,778	26,981	7,270	7,029	6,795	-	-	-	-	-	-	-
Financial debts`43`	-	-	-	-	-	-	-	-	7,520	3,505	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	-	-	-	-	-	7,520	-	-	0	-	-	-	-	-	-	-
Other loans`439`	-	-	-	-	-	-	-	-	-	3,505	-	-	-	-	-	-	-	-	-
Trade debts`44`	39,614	28,614	7,019	41,534	5,207	18,235	23,000	12,890	24,771	27,684	26,145	21,152	13,384	32,780	11,963	7,478	2,672	2,755	3,355
Suppliers`440/4`	39,614	28,614	7,019	41,534	5,207	18,235	23,000	12,890	24,771	27,684	26,145	21,152	13,384	32,780	11,963	7,478	2,672	2,755	3,355
Advances received on contracts in progress`46`	-	746	936	1,260	977	6,518	5,064	8,735	-	-	-	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	22,545	44,096	42,476	36,025	18,648	17,610	36,645	82,687	112,690	49,285	47,203	63,500	27,428	29,907	11,333	8,239	9,569	13,143	8,139
Taxes`450/3`	817	13,054	13,224	10,304	8,540	1,239	279	2,356	20,382	1,725	4,684	1,104	1,513	16,479	2,824	1,180	2,839	5,725	4,291
Remuneration and social security`454/9`	21,728	31,042	29,252	25,721	10,108	16,371	36,366	80,332	92,308	47,560	42,519	62,396	25,915	13,428	8,509	7,059	6,730	7,419	3,848
Other amounts payable`47/48`	23,432	5,382	171	171	8,442	39,770	61,366	4,976	9,988	6,695	31,157	1,810	38,295	-	-	45,190	42,769	42,083	41,500
Accrued charges and deferred income`492/3`	-	-	1,360	-	0	170	665	14	-	-	-	-	-	29,949	2,917	4,043	4,339	4,282	19,860
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	674,337	612,761	0	0	-	-	-
Non-recurring operating income`76A`	-	-	-	-	-	0	10,744	7,025	16,347	11,285	6,613	12,410	10,927	2,172	-	-	-	-	-
Gross operating margin`9900`	238,414	327,802	322,440	257,358	198,130	228,886	433,334	463,195	488,278	518,905	556,783	506,147	282,770	257,077	81,312	71,983	63,012	73,639	79,597
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	391,567	355,684	0	0	-	-	-
Remuneration, social security and pensions`62`	288,659	319,691	315,360	245,504	144,902	208,862	413,648	469,361	499,187	465,138	483,979	454,294	282,064	204,203	60,974	45,171	36,396	37,860	41,081
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,876	1,425	689	989	7,513	8,212	10,216	19,389	22,247	33,160	31,789	30,052	17,109	24,187	12,055	24,589	24,076	23,971	17,127
Other operating charges`640/8`	3,273	2,001	3,840	4,538	3,195	5,156	2,714	4,038	3,813	4,865	12,676	2,925	2,019	2,065	3,779	3,676	4,325	3,608	3,311
Non-recurring operating charges`66A`	-	-	-	-	-	-	0	60,717	5,727	3,326	2,938	722	578	256	4,024	-	-	-	-
Operating profit (loss)`9901`	-55,394	4,685	2,551	6,327	42,520	6,656	6,757	-90,310	-42,696	15,742	28,339	18,876	-18,422	26,622	4,503	-1,453	-1,785	8,199	18,079
Financial income`75/76B`	77	0	47	40	359	204	1,706	360	16,364	11,291	16	132	33	100	244	176	362	77	128
Recurring financial income`75`	77	0	47	40	359	204	1,706	360	17	6	16	132	33	100	244	176	362	77	128
Non-recurring financial income`76B`	-	-	-	-	-	-	-	-	16,347	11,285	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	2,423	682	2,813	2,820	1,124	2,498	3,774	11,684	4,062	5,579	2,052	1,492	1,701	70	3,642	3,553	3,504	3,446	4,465
Recurring financial charges`65`	2,423	682	2,813	2,820	1,124	2,498	3,774	11,684	4,062	2,253	2,052	1,492	1,701	70	3,642	3,553	3,504	3,446	4,465
Non-recurring financial charges`66B`	-	-	-	-	-	-	-	-	-	3,326	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	-57,741	4,004	-215	3,547	41,755	4,362	4,689	-101,634	-30,394	21,454	29,978	29,204	-9,741	28,568	-2,918	-4,830	-4,927	4,831	13,741
Income taxes`67/77`	50	-	-	-	0	139	577	704	14,793	19,677	29,443	653	7,104	-	-	-	-	1,878	3,516
Profit (loss) for the period`9904`	-57,791	4,004	-215	3,547	41,755	4,223	4,112	-102,338	-45,187	1,777	535	28,551	-16,845	28,568	-2,918	-4,830	-4,927	2,952	10,225
Profit (loss) for the period to be appropriated`9905`	-57,791	4,004	-215	3,547	41,755	4,223	4,112	-102,338	-45,187	1,777	535	28,551	-16,845	28,568	-2,918	-4,830	-4,927	2,952	10,225
Appropriation of the result
Profit (loss) to be appropriated`9906`	-78,461	-20,670	-24,674	-24,459	-28,005	-109,252	-113,475	-117,587	-15,250	29,937	28,160	27,625	-926	15,919	-12,649	-9,730	-4,900	3,428	10,225
Profit (loss) brought forward from the previous period`14P`	-20,670	-24,674	-24,459	-28,005	-69,761	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	-	0	39,492	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,400	9,750
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,250
To other reserves`6921`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,400	6,500
Social balance sheet
Average staff (FTE)`9087`	5.3	6	6.4	5.3	6	7.2	8.7	13	14.5	13.9	10.8	11.5	22	6	1.7	1.8	1.8	1.8	1.3
Hours worked`1013`	10,065	13,052	13,489	10,431	6,415	9,061	17,702	18,840	20,688	20,068	20,768	20,767	159,386	9,566	3,493	2,712	2,344	2,343	2,617
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	29-06-2026	2026-00229604	PDF
31-12-2024	micro format	23-06-2025	2025-00172111	PDF
31-12-2023	abbreviated format	07-10-2024	2024-00496483	PDF
31-12-2022	abbreviated format	02-08-2023	2023-00305391	PDF
31-12-2021	abbreviated format	07-04-2022	2022-20001138	PDF
31-12-2020	micro format	15-07-2021	2021-35300414	PDF
31-12-2019	micro format	30-06-2020	2020-22400176	PDF
31-12-2018	micro format	26-08-2019	2019-49800393	PDF
31-12-2017	abbreviated format	23-08-2018	2018-48200388	PDF
31-12-2016	abbreviated format	17-08-2017	2017-43700583	PDF
31-12-2015	abbreviated format	29-08-2016	2016-48200076	PDF
31-12-2014	abbreviated format	28-08-2015	2015-48800582	PDF
31-12-2013	abbreviated format	31-08-2014	2014-52300490	PDF
31-12-2012	abbreviated format	20-08-2013	2013-43100180	PDF
31-12-2011	abbreviated format	03-07-2012	2012-25400182	PDF
31-12-2010	abbreviated format	29-07-2011	2011-36500268	PDF
31-12-2009	abbreviated format	30-07-2010	2010-38600380	PDF
31-12-2008	abbreviated format	31-07-2009	2009-53500141	PDF
31-12-2007	abbreviated format	19-07-2008	2008-47800212	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-53,518	6,110	3,240	7,316	50,033	14,868	16,973	-70,921	-20,449	48,902	60,128	48,928	-1,313	50,809	16,559	23,136	22,291	32,171	35,206
Cash flow	-55,915	5,429	474	4,536	49,268	12,435	14,328	-82,948	-22,940	34,937	32,324	58,603	264	52,755	9,137	19,759	19,149	26,923	27,352
Investment in fixed assets (approximation)	7,646	2,209	0	2,018	3,150	2,853	0	5,352	2,387	16,467	18,261	81,455	8,762	44,878	6,663	16,396	7,493	48,395	80,231
Change in cash	-68,919	29,935	-31,265	41,218	9,434	-13,841	27,455	-58,140	-17,394	4,073	58,734	7,504	-24,874	25,823	-9,855	9,821	12,205	-35,945	-
Working capital	-50,376	12,835	10,975	9,141	6,624	-32,987	-37,254	-44,189	22,178	82,007	70,806	24,972	-976	37,471	563	-22,789	-25,856	-37,569	-519
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-2.7%	4.3%	-	-	-	-	-
Solvency	-62.2%	24.1%	28.8%	21.2%	30.8%	-33.1%	-24.1%	-31.2%	27.8%	47.2%	42.5%	34.2%	36.5%	39.9%	55.7%	35.6%	40.7%	42.3%	37.0%
Current ratio	0.41	1.16	1.22	1.12	1.17	0.63	0.72	0.62	1.12	1.87	1.63	1.27	0.99	1.60	1.02	0.63	0.53	0.35	0.99
Quick ratio	0.29	1.13	1.15	1.07	1.09	0.63	0.69	0.56	1.08	1.79	1.57	1.23	0.99	1.60	1.02	0.56	0.46	0.24	0.91
Debt to equity	-	3.16	2.48	3.73	2.24	-	-	-	2.60	1.12	1.35	1.92	1.74	1.50	0.79	1.81	1.46	1.36	1.71
ROE	-	16.0%	-1.0%	16.7%	236.6%	-	-	-	-64.7%	1.5%	0.5%	38.6%	-37.1%	46.4%	-8.8%	-13.4%	-12.1%	6.5%	23.9%
ROA	-109.5%	3.9%	-0.3%	3.5%	72.9%	5.8%	3.5%	-98.6%	-17.9%	0.7%	0.2%	13.2%	-13.5%	18.5%	-4.9%	-4.8%	-4.9%	2.7%	8.8%
Interest coverage	-22.09	8.96	1.15	2.59	44.50	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	0 days	1 day	-	-	-	-	-
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	12 days	34 days	-	-	-	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	4	4	7	4	5
full-time	3	3	6	3	3
part-time	1	1	1	1	2
in full-time equivalents	3.9	3.9	6.9	3.9	4.7
Average over the year, in full-time equivalents	5.3	6	6.4	5.3	6
On a permanent contract	4	4	6	4	5
Joined	499	870	916	478	124
Left	499	873	913	479	126

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€7,410	€2,209	-	€2,018	-
Financial fixed assets	€236	-	-	-	€3,150
Depreciation and write-downs of the year	€1,876	€1,425	€689	€989	€7,513

FUNKY

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-62.2%

Current ratio0.41

Return on assets-109.5%

Staff

Staff cost per FTE€54,464

Joined and left+0

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on FUNKY

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