De Foundation: 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.
De Foundation
Largest movements
- Financial fixed assets -€45,000
down €45,000 (-100.0%), from €45,000 to €0
- Receivables within one year -€29,118
down €29,118 (-16.3%), from €178,318 to €149,200
of which Other amounts receivable: -€29,118
- Cash -€2,419
down €2,419 (-91.4%), from €2,648 to €229
mainly Net result for the year (-€76,642) and Trade debts (-€2,882)
- Profit (loss) carried forward -€76,642
down €76,642 (-398.7%), from -€19,225 to -€95,867
- Other debts +€3,454
up €3,454 (+1.8%), from €187,100 to €190,554
- Trade debts -€2,882
down €2,882 (-38.1%), from €7,563 to €4,682
- Financial charges +€73,646
up €73,646 (+62682.9%), from €117 to €73,764
of which Non-recurring financial charges: +€73,502
- Gross operating margin +€6,622
up €6,622 (+72.8%), from -€9,101 to -€2,479
- Other operating charges -€154
down €154 (-27.8%), from €553 to €400
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 | €225,966 | €149,429 | -€76,537 | -33.9% |
| Fixed assets | 21/28 | €45,000 | €0 | -€45,000 | -100.0% |
| Financial fixed assets | 28 | €45,000 | €0 | -€45,000 | -100.0% |
| Current assets | 29/58 | €180,966 | €149,429 | -€31,537 | -17.4% |
| Amounts receivable within one year | 40/41 | €178,318 | €149,200 | -€29,118 | -16.3% |
| Trade receivables | 40 | €4,200 | €4,200 | = | 0.0% |
| Other amounts receivable | 41 | €174,118 | €145,000 | -€29,118 | -16.7% |
| Cash at bank and in hand | 54/58 | €2,648 | €229 | -€2,419 | -91.4% |
| Total equity and liabilities | 10/49 | €225,966 | €149,429 | -€76,537 | -33.9% |
| Equity | 10/15 | €30,775 | -€45,867 | -€76,642 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,225 | -€95,867 | -€76,642 | -398.7% |
| Amounts payable | 17/49 | €195,191 | €195,296 | +€105 | +0.1% |
| Amounts payable within one year | 42/48 | €194,663 | €195,236 | +€572 | +0.3% |
| Trade debts | 44 | €7,563 | €4,682 | -€2,882 | -38.1% |
| Suppliers | 440/4 | €7,563 | €4,682 | -€2,882 | -38.1% |
| Other amounts payable | 47/48 | €187,100 | €190,554 | +€3,454 | +1.8% |
| Accrued charges and deferred income | 492/3 | €528 | €60 | -€467 | -88.6% |
| Other operating charges | 640/8 | €553 | €400 | -€154 | -27.8% |
| Gross operating margin | 9900 | -€9,101 | -€2,479 | +€6,622 | +72.8% |
| Operating profit (loss) | 9901 | -€9,654 | -€2,879 | +€6,776 | +70.2% |
| Financial charges | 65/66B | €117 | €73,764 | +€73,646 | +62682.9% |
| Recurring financial charges | 65 | €117 | €261 | +€144 | +122.6% |
| Non-recurring financial charges | 66B | - | €73,502 | +€73,502 | |
| Profit (loss) for the period before taxes | 9903 | -€9,772 | -€76,642 | -€66,870 | -684.3% |
| Profit (loss) for the period | 9904 | -€9,772 | -€76,642 | -€66,870 | -684.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,772 | -€76,642 | -€66,870 | -684.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.