AU FOURNEAU: 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.
AU FOURNEAU
Largest movements
- Cash -€29,988
down €29,988 (-16.1%), from €186,150 to €156,162
mainly Tax, wage and social debts (-€14,927) and Trade debts (-€10,545)
- Deferred charges and accrued income -€7,620
down €7,620 (-89.4%), from €8,520 to €900
- Tax, wage and social debts -€14,927
down €14,927 (-99.8%), from €14,955 to €28
- Trade debts -€10,545
down €10,545 (-34.0%), from €31,014 to €20,469
- Other debts -€10,080
down €10,080 (-39.7%), from €25,418 to €15,338
- Provisions -€3,840
down €3,840 (-11.3%), from €33,840 to €30,000
- Reserves +€3,000
up €3,000 (+5.7%), from €52,860 to €55,860
of which Distributable reserves: +€3,000
- Turnover -€209,251
down €209,251 (-98.2%), from €213,091 to €3,840
- Gross operating margin -€137,529
down €137,529 (-98.7%), from €139,361 to €1,832
- Purchases and services -€71,722
down €71,722 (-97.3%), from €73,730 to €2,008
- Provisions -€33,840
no longer reported in 2026 (was €33,840)
- Taxes -€15,005
down €15,005 (-96.2%), from €15,602 to €597
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,770 | €189,162 | -€37,608 | -16.6% |
| Current assets | 29/58 | €226,770 | €189,162 | -€37,608 | -16.6% |
| Amounts receivable within one year | 40/41 | €32,100 | €32,100 | = | 0.0% |
| Trade receivables | 40 | €31,500 | €31,500 | = | 0.0% |
| Other amounts receivable | 41 | €600 | €600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €186,150 | €156,162 | -€29,988 | -16.1% |
| Deferred charges and accrued income | 490/1 | €8,520 | €900 | -€7,620 | -89.4% |
| Total equity and liabilities | 10/49 | €226,770 | €189,162 | -€37,608 | -16.6% |
| Equity | 10/15 | €113,543 | €115,327 | +€1,784 | +1.6% |
| Contributions | 10/11 | €58,600 | €58,600 | = | 0.0% |
| Capital | 10 | €58,600 | €58,600 | = | 0.0% |
| Issued capital | 100 | €58,600 | €58,600 | = | 0.0% |
| Reserves | 13 | €52,860 | €55,860 | +€3,000 | +5.7% |
| Non-distributable reserves | 130/1 | €2,860 | €2,860 | = | 0.0% |
| Legal reserve | 130 | €2,860 | €2,860 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €53,000 | +€3,000 | +6.0% |
| Profit (loss) carried forward | 14 | €2,083 | €867 | -€1,216 | -58.4% |
| Provisions and deferred taxes | 16 | €33,840 | €30,000 | -€3,840 | -11.3% |
| Provisions for liabilities and charges | 160/5 | €33,840 | €30,000 | -€3,840 | -11.3% |
| Pensions and similar obligations | 160 | - | €30,000 | +€30,000 | |
| Major repairs and maintenance | 162 | €33,840 | - | -€33,840 | |
| Amounts payable | 17/49 | €79,387 | €43,835 | -€35,552 | -44.8% |
| Amounts payable within one year | 42/48 | €71,387 | €35,835 | -€35,552 | -49.8% |
| Trade debts | 44 | €31,014 | €20,469 | -€10,545 | -34.0% |
| Suppliers | 440/4 | €31,014 | €20,469 | -€10,545 | -34.0% |
| Taxes, remuneration and social security | 45 | €14,955 | €28 | -€14,927 | -99.8% |
| Taxes | 450/3 | €14,955 | €28 | -€14,927 | -99.8% |
| Other amounts payable | 47/48 | €25,418 | €15,338 | -€10,080 | -39.7% |
| Accrued charges and deferred income | 492/3 | €8,000 | €8,000 | = | 0.0% |
| Turnover | 70 | €213,091 | €3,840 | -€209,251 | -98.2% |
| Non-recurring operating income | 76A | - | €3,840 | +€3,840 | |
| Goods, raw materials, services and sundry goods | 60/61 | €73,730 | €2,008 | -€71,722 | -97.3% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€13 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,385 | - | -€1,385 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €33,840 | - | -€33,840 | |
| Other operating charges | 640/8 | €181 | €560 | +€379 | +209.4% |
| Non-recurring operating charges | 66A | €21,785 | - | -€21,785 | |
| Gross operating margin | 9900 | €139,361 | €1,832 | -€137,529 | -98.7% |
| Operating profit (loss) | 9901 | €81,783 | €872 | -€80,911 | -98.9% |
| Financial income | 75/76B | €2,155 | €1,899 | -€256 | -11.9% |
| Recurring financial income | 75 | €2,155 | €1,899 | -€256 | -11.9% |
| Financial charges | 65/66B | €2,430 | €390 | -€2,040 | -84.0% |
| Recurring financial charges | 65 | €2,430 | €390 | -€2,040 | -84.0% |
| Profit (loss) for the period before taxes | 9903 | €81,508 | €2,381 | -€79,127 | -97.1% |
| Income taxes | 67/77 | €15,602 | €597 | -€15,005 | -96.2% |
| Profit (loss) for the period | 9904 | €65,906 | €1,784 | -€64,122 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,906 | €1,784 | -€64,122 | -97.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.