Fong: 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.
Fong
Largest movements
- Tangible fixed assets -€12,501
down €12,501 (-20.6%), from €60,824 to €48,323
of which Furniture and vehicles: -€13,891
- Receivables within one year -€8,544
down €8,544 (-98.8%), from €8,644 to €100
- Stocks and contracts -€2,129
down €2,129 (-64.7%), from €3,293 to €1,164
- Other debts -€22,799
down €22,799 (-99.9%), from €22,811 to €12
- Reserves +€12,247
up €12,247 (+612%), from €2,000 to €14,247
of which Distributable reserves: +€12,247
- Debts after one year -€6,185
down €6,185 (-56.6%), from €10,923 to €4,738
- Trade debts -€4,605
down €4,605 (-64.2%), from €7,169 to €2,564
- Tax, wage and social debts -€2,138
down €2,138 (-29.4%), from €7,266 to €5,128
of which Remuneration and social security: -€3,561
- Gross operating margin +€11,162
up €11,162 (+36.9%), from €30,278 to €41,440
- Taxes +€3,518
up €3,518 (+293%), from €1,199 to €4,717
- Staff costs -€722
down €722 (-36.6%), from €1,970 to €1,248
- Depreciation +€554
up €554 (+2.6%), from €21,447 to €22,001
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 | €120,114 | €96,785 | -€23,329 | -19.4% |
| Fixed assets | 21/28 | €60,824 | €48,323 | -€12,501 | -20.6% |
| Tangible fixed assets | 22/27 | €60,824 | €48,323 | -€12,501 | -20.6% |
| Plant, machinery and equipment | 23 | €24,220 | €25,610 | +€1,390 | +5.7% |
| Furniture and vehicles | 24 | €36,604 | €22,713 | -€13,891 | -37.9% |
| Current assets | 29/58 | €59,290 | €48,462 | -€10,828 | -18.3% |
| Stocks and contracts in progress | 3 | €3,293 | €1,164 | -€2,129 | -64.7% |
| Stocks | 30/36 | €3,293 | €1,164 | -€2,129 | -64.7% |
| Amounts receivable within one year | 40/41 | €8,644 | €100 | -€8,544 | -98.8% |
| Trade receivables | 40 | €8,644 | €100 | -€8,544 | -98.8% |
| Cash at bank and in hand | 54/58 | €47,353 | €47,198 | -€155 | -0.3% |
| Total equity and liabilities | 10/49 | €120,114 | €96,785 | -€23,329 | -19.4% |
| Equity | 10/15 | €65,912 | €78,159 | +€12,247 | +18.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €14,247 | +€12,247 | +612% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €12,247 | +€12,247 | |
| Profit (loss) carried forward | 14 | €43,912 | €43,912 | = | 0.0% |
| Amounts payable | 17/49 | €54,202 | €18,626 | -€35,576 | -65.6% |
| Amounts payable after more than one year | 17 | €10,923 | €4,738 | -€6,185 | -56.6% |
| Financial debts | 170/4 | €10,923 | €4,738 | -€6,185 | -56.6% |
| Amounts payable within one year | 42/48 | €43,279 | €13,888 | -€29,391 | -67.9% |
| Current portion of amounts payable after more than one year | 42 | €6,033 | €6,184 | +€151 | +2.5% |
| Trade debts | 44 | €7,169 | €2,564 | -€4,605 | -64.2% |
| Suppliers | 440/4 | €7,169 | €2,564 | -€4,605 | -64.2% |
| Taxes, remuneration and social security | 45 | €7,266 | €5,128 | -€2,138 | -29.4% |
| Taxes | 450/3 | €3,666 | €5,089 | +€1,423 | +38.8% |
| Remuneration and social security | 454/9 | €3,600 | €39 | -€3,561 | -98.9% |
| Other amounts payable | 47/48 | €22,811 | €12 | -€22,799 | -99.9% |
| Remuneration, social security and pensions | 62 | €1,970 | €1,248 | -€722 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,447 | €22,001 | +€554 | +2.6% |
| Other operating charges | 640/8 | €302 | €186 | -€116 | -38.4% |
| Gross operating margin | 9900 | €30,278 | €41,440 | +€11,162 | +36.9% |
| Operating profit (loss) | 9901 | €6,559 | €18,005 | +€11,446 | +175% |
| Financial income | 75/76B | €408 | €8 | -€400 | -98.0% |
| Recurring financial income | 75 | €408 | €8 | -€400 | -98.0% |
| Financial charges | 65/66B | €1,008 | €1,049 | +€41 | +4.1% |
| Recurring financial charges | 65 | €1,008 | €1,049 | +€41 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €5,959 | €16,964 | +€11,005 | +185% |
| Income taxes | 67/77 | €1,199 | €4,717 | +€3,518 | +293% |
| Profit (loss) for the period | 9904 | €4,760 | €12,247 | +€7,487 | +157% |
| Profit (loss) for the period to be appropriated | 9905 | €4,760 | €12,247 | +€7,487 | +157% |
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 16 October 2026 via checked.be.