FONDEUR & CO: 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.
FONDEUR & CO
Largest movements
- Cash +€30,624
up €30,624 (+35.6%), from €86,013 to €116,637
mainly Net result for the year (+€57,395) and Other debts (+€31,622)
- Receivables within one year +€8,189
up €8,189 (+40.6%), from €20,150 to €28,339
of which Trade receivables: +€8,298
- Deferred charges and accrued income -€4,619
down €4,619 (-25.6%), from €18,077 to €13,458
- Other debts +€31,622
up €31,622 (+43.9%), from €71,982 to €103,604
- Tax, wage and social debts +€4,479
up €4,479 (+38.9%), from €11,510 to €15,989
- Profit (loss) carried forward -€2,605
down €2,605 (-11.0%), from €23,760 to €21,155
- Gross operating margin +€15,823
up €15,823 (+24.0%), from €65,996 to €81,819
- Taxes +€2,882
up €2,882 (+24.0%), from €12,024 to €14,906
- Financial charges +€2,034
up €2,034 (+39.3%), from €5,173 to €7,207
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 | €130,020 | €163,471 | +€33,451 | +25.7% |
| Fixed assets | 21/28 | €5,780 | €5,037 | -€743 | -12.9% |
| Tangible fixed assets | 22/27 | €5,780 | €5,037 | -€743 | -12.9% |
| Plant, machinery and equipment | 23 | €5,513 | €4,095 | -€1,417 | -25.7% |
| Furniture and vehicles | 24 | €267 | €941 | +€675 | +253% |
| Current assets | 29/58 | €124,240 | €158,434 | +€34,194 | +27.5% |
| Amounts receivable within one year | 40/41 | €20,150 | €28,339 | +€8,189 | +40.6% |
| Trade receivables | 40 | €19,742 | €28,040 | +€8,298 | +42.0% |
| Other amounts receivable | 41 | €408 | €299 | -€110 | -26.9% |
| Cash at bank and in hand | 54/58 | €86,013 | €116,637 | +€30,624 | +35.6% |
| Deferred charges and accrued income | 490/1 | €18,077 | €13,458 | -€4,619 | -25.6% |
| Total equity and liabilities | 10/49 | €130,020 | €163,471 | +€33,451 | +25.7% |
| Equity | 10/15 | €44,165 | €41,560 | -€2,605 | -5.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,760 | €21,155 | -€2,605 | -11.0% |
| Amounts payable | 17/49 | €85,855 | €121,911 | +€36,056 | +42.0% |
| Amounts payable within one year | 42/48 | €84,647 | €119,736 | +€35,088 | +41.5% |
| Trade debts | 44 | €1,155 | €143 | -€1,012 | -87.6% |
| Suppliers | 440/4 | €1,155 | €143 | -€1,012 | -87.6% |
| Taxes, remuneration and social security | 45 | €11,510 | €15,989 | +€4,479 | +38.9% |
| Taxes | 450/3 | €11,510 | €15,989 | +€4,479 | +38.9% |
| Other amounts payable | 47/48 | €71,982 | €103,604 | +€31,622 | +43.9% |
| Accrued charges and deferred income | 492/3 | €1,208 | €2,175 | +€967 | +80.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,421 | €1,705 | -€715 | -29.6% |
| Other operating charges | 640/8 | €1,125 | €652 | -€473 | -42.0% |
| Gross operating margin | 9900 | €65,996 | €81,819 | +€15,823 | +24.0% |
| Operating profit (loss) | 9901 | €62,450 | €79,461 | +€17,011 | +27.2% |
| Financial income | 75/76B | €841 | €48 | -€794 | -94.3% |
| Recurring financial income | 75 | €841 | €48 | -€794 | -94.3% |
| Financial charges | 65/66B | €5,173 | €7,207 | +€2,034 | +39.3% |
| Recurring financial charges | 65 | €5,173 | €7,207 | +€2,034 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €58,118 | €72,302 | +€14,184 | +24.4% |
| Income taxes | 67/77 | €12,024 | €14,906 | +€2,882 | +24.0% |
| Profit (loss) for the period | 9904 | €46,094 | €57,395 | +€11,301 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,094 | €57,395 | +€11,301 | +24.5% |
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 26 October 2026 via checked.be.