EL FONTAN: 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.
EL FONTAN
Largest movements
- Stocks and contracts -€9,500
down €9,500 (-26.2%), from €36,300 to €26,800
- Cash +€3,352
up €3,352 (+3,597%), from €93 to €3,445
mainly Stocks and contracts (+€9,500) and Tax, wage and social debts (+€1,471)
- Trade debts -€7,876
down €7,876 (-68.5%), from €11,505 to €3,629
- Tax, wage and social debts +€1,471
up €1,471 (+5.1%), from €28,596 to €30,067
of which Remuneration and social security: +€6,735
- Profit (loss) carried forward +€658
up €658 (+6.5%), from -€10,078 to -€9,421
- Short-term financial debts -€531
no longer reported in 2025 (was €531)
- Staff costs -€26,798
down €26,798 (-28.3%), from €94,742 to €67,944
- Gross operating margin -€24,429
down €24,429 (-26.1%), from €93,743 to €69,314
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 | €36,753 | €30,475 | -€6,279 | -17.1% |
| Fixed assets | 21/28 | €216 | €216 | = | 0.0% |
| Financial fixed assets | 28 | €216 | €216 | = | 0.0% |
| Current assets | 29/58 | €36,538 | €30,259 | -€6,279 | -17.2% |
| Stocks and contracts in progress | 3 | €36,300 | €26,800 | -€9,500 | -26.2% |
| Stocks | 30/36 | €36,300 | €26,800 | -€9,500 | -26.2% |
| Amounts receivable within one year | 40/41 | €144 | €14 | -€131 | -90.4% |
| Trade receivables | 40 | - | €14 | +€14 | |
| Other amounts receivable | 41 | €144 | - | -€144 | |
| Cash at bank and in hand | 54/58 | €93 | €3,445 | +€3,352 | +3,597% |
| Total equity and liabilities | 10/49 | €36,753 | €30,475 | -€6,279 | -17.1% |
| Equity | 10/15 | -€3,878 | -€3,221 | +€658 | +17.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,078 | -€9,421 | +€658 | +6.5% |
| Amounts payable | 17/49 | €40,632 | €33,696 | -€6,936 | -17.1% |
| Amounts payable within one year | 42/48 | €40,632 | €33,696 | -€6,936 | -17.1% |
| Financial debts | 43 | €531 | - | -€531 | |
| Credit institutions | 430/8 | €531 | - | -€531 | |
| Trade debts | 44 | €11,505 | €3,629 | -€7,876 | -68.5% |
| Suppliers | 440/4 | €11,505 | €3,629 | -€7,876 | -68.5% |
| Taxes, remuneration and social security | 45 | €28,596 | €30,067 | +€1,471 | +5.1% |
| Taxes | 450/3 | €16,271 | €11,008 | -€5,264 | -32.4% |
| Remuneration and social security | 454/9 | €12,324 | €19,059 | +€6,735 | +54.6% |
| Remuneration, social security and pensions | 62 | €94,742 | €67,944 | -€26,798 | -28.3% |
| Other operating charges | 640/8 | €235 | €280 | +€45 | +19.3% |
| Gross operating margin | 9900 | €93,743 | €69,314 | -€24,429 | -26.1% |
| Operating profit (loss) | 9901 | -€1,234 | €1,089 | +€2,323 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €407 | €437 | +€29 | +7.2% |
| Recurring financial charges | 65 | €407 | €437 | +€29 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,642 | €658 | +€2,299 | |
| Profit (loss) for the period | 9904 | -€1,642 | €658 | +€2,299 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,642 | €658 | +€2,299 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.