FONGELOR: 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.
FONGELOR
Largest movements
- Total assets -€19,874
down €19,874 (-5.8%), from €342,084 to €322,210
of which Current assets: -€333,067
- Total equity and liabilities -€19,874
down €19,874 (-5.8%), from €342,084 to €322,210
of which Debts: -€2.9m
- Purchases and services -€865,218
no longer reported in 2024 (was €865,218)
- Turnover -€807,666
no longer reported in 2024 (was €807,666)
- Other operating charges -€253,848
no longer reported in 2024 (was €253,848)
- Write-downs +€148,501
no longer reported in 2024 (was -€148,501)
- Financial charges -€61,444
no longer reported in 2024 (was €61,444)
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €342,084 | €322,210 | -€19,874 | -5.8% |
| Fixed assets | 21/28 | €9,017 | - | -€9,017 | |
| Tangible fixed assets | 22/27 | €9,017 | - | -€9,017 | |
| Leasing and similar rights | 25 | €1,052 | - | -€1,052 | |
| Other tangible fixed assets | 26 | €7,965 | - | -€7,965 | |
| Current assets | 29/58 | €333,067 | - | -€333,067 | |
| Amounts receivable within one year | 40/41 | €60,000 | - | -€60,000 | |
| Trade receivables | 40 | €60,000 | - | -€60,000 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €89,697 | - | -€89,697 | |
| Deferred charges and accrued income | 490/1 | €183,370 | - | -€183,370 | |
| Total equity and liabilities | 10/49 | €342,084 | €322,210 | -€19,874 | -5.8% |
| Equity | 10/15 | -€2,521,077 | - | +€2.5m | |
| Contributions | 10/11 | €650,000 | - | -€650,000 | |
| Profit (loss) carried forward | 14 | -€3,171,077 | - | +€3.2m | |
| Amounts payable | 17/49 | €2,863,161 | - | -€2.9m | |
| Amounts payable after more than one year | 17 | €1,510,500 | - | -€1.5m | |
| Other amounts payable | 178/9 | €1,510,500 | - | -€1.5m | |
| Amounts payable within one year | 42/48 | €1,292,661 | - | -€1.3m | |
| Trade debts | 44 | €46,077 | - | -€46,077 | |
| Suppliers | 440/4 | €46,077 | - | -€46,077 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,246,584 | - | -€1.2m | |
| Accrued charges and deferred income | 492/3 | €60,000 | - | -€60,000 | |
| Turnover | 70 | €807,666 | - | -€807,666 | |
| Goods, raw materials, services and sundry goods | 60/61 | €865,218 | - | -€865,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,224 | - | -€2,224 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€148,501 | - | +€148,501 | |
| Other operating charges | 640/8 | €253,848 | - | -€253,848 | |
| Gross operating margin | 9900 | -€57,552 | - | +€57,552 | |
| Operating profit (loss) | 9901 | -€165,124 | - | +€165,124 | |
| Financial income | 75/76B | €1,011 | - | -€1,011 | |
| Recurring financial income | 75 | €1,011 | - | -€1,011 | |
| Financial charges | 65/66B | €61,444 | - | -€61,444 | |
| Recurring financial charges | 65 | €61,444 | - | -€61,444 | |
| Profit (loss) for the period before taxes | 9903 | -€225,557 | - | +€225,557 | |
| Income taxes | 67/77 | €15 | - | -€15 | |
| Profit (loss) for the period | 9904 | -€225,572 | - | +€225,572 | |
| Profit (loss) for the period to be appropriated | 9905 | -€225,572 | - | +€225,572 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.