BRUNO FONTAINE: what changed
BRUNO FONTAINE
Largest movements
- Tangible fixed assets -€14,653
down €14,653 (-3.5%), from €414,047 to €399,394
of which Land and buildings: -€14,547
- Cash -€6,005
down €6,005 (-47.8%), from €12,559 to €6,553
mainly Other debts (-€11,073) and Net result for the year (-€9,585)
- Other debts -€11,073
down €11,073 (-13.2%), from €83,659 to €72,586
- Profit (loss) carried forward -€9,585
down €9,585 (-3.2%), from €303,775 to €294,190
- Gross operating margin -€7,481
down €7,481 (-49.5%), from €15,123 to €7,642
- Depreciation -€320
down €320 (-2.1%), from €14,972 to €14,653
- Other operating charges +€171
up €171 (+9.1%), from €1,884 to €2,055
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €426,605 | €405,947 | -€20,658 | -4.8% |
| Fixed assets | 21/28 | €414,047 | €399,394 | -€14,653 | -3.5% |
| Tangible fixed assets | 22/27 | €414,047 | €399,394 | -€14,653 | -3.5% |
| Land and buildings | 22 | €413,941 | €399,394 | -€14,547 | -3.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €106 | - | -€106 | |
| Current assets | 29/58 | €12,559 | €6,553 | -€6,005 | -47.8% |
| Cash at bank and in hand | 54/58 | €12,559 | €6,553 | -€6,005 | -47.8% |
| Total equity and liabilities | 10/49 | €426,605 | €405,947 | -€20,658 | -4.8% |
| Equity | 10/15 | €325,285 | €315,700 | -€9,585 | -2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Share premium | 1100/10 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €15,310 | €15,310 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,450 | €13,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | €303,775 | €294,190 | -€9,585 | -3.2% |
| Amounts payable | 17/49 | €101,320 | €90,248 | -€11,073 | -10.9% |
| Amounts payable within one year | 42/48 | €101,320 | €90,248 | -€11,073 | -10.9% |
| Trade debts | 44 | €17,661 | €17,661 | = | 0.0% |
| Suppliers | 440/4 | €17,661 | €17,661 | = | 0.0% |
| Other amounts payable | 47/48 | €83,659 | €72,586 | -€11,073 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,972 | €14,653 | -€320 | -2.1% |
| Other operating charges | 640/8 | €1,884 | €2,055 | +€171 | +9.1% |
| Gross operating margin | 9900 | €15,123 | €7,642 | -€7,481 | -49.5% |
| Operating profit (loss) | 9901 | -€1,734 | -€9,066 | -€7,332 | -423% |
| Financial charges | 65/66B | €182 | €130 | -€51 | -28.2% |
| Recurring financial charges | 65 | €182 | €130 | -€51 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,915 | -€9,196 | -€7,281 | -380% |
| Income taxes | 67/77 | €515 | €389 | -€125 | -24.4% |
| Profit (loss) for the period | 9904 | -€2,430 | -€9,585 | -€7,156 | -295% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,430 | -€9,585 | -€7,156 | -295% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.