Fondalux: 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.
Fondalux
Largest movements
- Tangible fixed assets -€22,512
down €22,512 (-4.2%), from €531,448 to €508,936
of which Land and buildings: -€18,036
- Cash -€9,611
down €9,611 (-68.1%), from €14,105 to €4,494
mainly Other debts (-€23,849) and Net result for the year (-€12,594)
- Receivables within one year -€7,998
down €7,998 (-73.6%), from €10,860 to €2,862
- Stocks and contracts -€6,749
down €6,749 (-22.1%), from €30,536 to €23,787
- Other debts -€23,849
down €23,849 (-17.7%), from €134,795 to €110,947
- Profit (loss) carried forward -€12,594
down €12,594 (-3.6%), from €354,566 to €341,973
- Debts after one year -€7,521
no longer reported in 2025 (was €7,521)
- Tax, wage and social debts -€6,280
down €6,280 (-67.8%), from €9,266 to €2,986
- Gross operating margin -€38,758
down €38,758 (-72.4%), from €53,506 to €14,748
- Financial charges -€1,269
down €1,269 (-62.8%), from €2,021 to €752
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 | €588,787 | €540,707 | -€48,079 | -8.2% |
| Fixed assets | 21/28 | €531,448 | €508,936 | -€22,512 | -4.2% |
| Tangible fixed assets | 22/27 | €531,448 | €508,936 | -€22,512 | -4.2% |
| Land and buildings | 22 | €524,547 | €506,511 | -€18,036 | -3.4% |
| Furniture and vehicles | 24 | €6,901 | €2,425 | -€4,476 | -64.9% |
| Current assets | 29/58 | €57,339 | €31,772 | -€25,567 | -44.6% |
| Stocks and contracts in progress | 3 | €30,536 | €23,787 | -€6,749 | -22.1% |
| Stocks | 30/36 | €30,536 | €23,787 | -€6,749 | -22.1% |
| Amounts receivable within one year | 40/41 | €10,860 | €2,862 | -€7,998 | -73.6% |
| Trade receivables | 40 | €10,860 | €2,862 | -€7,998 | -73.6% |
| Cash at bank and in hand | 54/58 | €14,105 | €4,494 | -€9,611 | -68.1% |
| Deferred charges and accrued income | 490/1 | €1,838 | €629 | -€1,209 | -65.8% |
| Total equity and liabilities | 10/49 | €588,787 | €540,707 | -€48,079 | -8.2% |
| Equity | 10/15 | €422,766 | €410,173 | -€12,594 | -3.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €354,566 | €341,973 | -€12,594 | -3.6% |
| Amounts payable | 17/49 | €166,020 | €130,535 | -€35,486 | -21.4% |
| Amounts payable after more than one year | 17 | €7,521 | - | -€7,521 | |
| Financial debts | 170/4 | €7,521 | - | -€7,521 | |
| Amounts payable within one year | 42/48 | €158,499 | €130,535 | -€27,965 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €4,656 | €7,826 | +€3,171 | +68.1% |
| Trade debts | 44 | €9,782 | €8,775 | -€1,007 | -10.3% |
| Suppliers | 440/4 | €9,782 | €8,775 | -€1,007 | -10.3% |
| Taxes, remuneration and social security | 45 | €9,266 | €2,986 | -€6,280 | -67.8% |
| Taxes | 450/3 | €9,266 | €2,986 | -€6,280 | -67.8% |
| Other amounts payable | 47/48 | €134,795 | €110,947 | -€23,849 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,512 | €22,512 | = | 0.0% |
| Other operating charges | 640/8 | €3,399 | €3,350 | -€49 | -1.5% |
| Gross operating margin | 9900 | €53,506 | €14,748 | -€38,758 | -72.4% |
| Operating profit (loss) | 9901 | €27,595 | -€11,114 | -€38,708 | |
| Financial charges | 65/66B | €2,021 | €752 | -€1,269 | -62.8% |
| Recurring financial charges | 65 | €2,021 | €752 | -€1,269 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €25,574 | -€11,866 | -€37,440 | |
| Income taxes | 67/77 | €567 | €728 | +€161 | +28.5% |
| Profit (loss) for the period | 9904 | €25,007 | -€12,594 | -€37,601 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,007 | -€12,594 | -€37,601 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.