Fonk: what changed
Two fiscal 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.
Fonk
Largest movements
- Tangible fixed assets -€55,013
down €55,013 (-47.7%), from €115,303 to €60,289
of which Land and buildings: -€31,150
- Cash -€33,834
down €33,834 (-15.5%), from €218,349 to €184,515
mainly Net result for the year (-€126,505) and Trade debts (-€41,760)
- Deferred charges and accrued income +€18,150
up €18,150 (+88.1%), from €20,611 to €38,761
- Receivables within one year -€12,776
down €12,776 (-5.7%), from €225,381 to €212,605
of which Trade receivables: -€51,386
- Profit (loss) carried forward -€126,505
down €126,505 (-40.7%), from €311,122 to €184,617
- Tax, wage and social debts +€71,961
up €71,961 (+43.0%), from €167,216 to €239,178
of which Remuneration and social security: +€66,735
- Trade debts -€41,760
down €41,760 (-36.6%), from €114,126 to €72,365
- Provisions +€23,190
new in 2025: €23,190
- Current portion of long-term debt -€8,753
no longer reported in 2025 (was €8,753)
- Staff costs +€155,778
up €155,778 (+13.6%), from €1.1m to €1.3m
- Purchases and services +€54,985
up €54,985 (+4.2%), from €1.3m to €1.4m
- Turnover +€50,911
up €50,911 (+3.8%), from €1.3m to €1.4m
- Gross operating margin +€49,836
up €49,836 (+3.9%), from €1.3m to €1.3m
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 | €601,217 | €519,350 | -€81,868 | -13.6% |
| Fixed assets | 21/28 | €136,165 | €81,151 | -€55,013 | -40.4% |
| Tangible fixed assets | 22/27 | €115,303 | €60,289 | -€55,013 | -47.7% |
| Land and buildings | 22 | €56,567 | €25,417 | -€31,150 | -55.1% |
| Plant, machinery and equipment | 23 | €47,142 | €30,066 | -€17,076 | -36.2% |
| Furniture and vehicles | 24 | €11,593 | €4,806 | -€6,787 | -58.5% |
| Financial fixed assets | 28 | €20,862 | €20,862 | = | 0.0% |
| Current assets | 29/58 | €465,053 | €438,198 | -€26,854 | -5.8% |
| Stocks and contracts in progress | 3 | €712 | €2,317 | +€1,605 | +225.6% |
| Stocks | 30/36 | €712 | €2,317 | +€1,605 | +225.6% |
| Amounts receivable within one year | 40/41 | €225,381 | €212,605 | -€12,776 | -5.7% |
| Trade receivables | 40 | €171,829 | €120,443 | -€51,386 | -29.9% |
| Other amounts receivable | 41 | €53,552 | €92,163 | +€38,611 | +72.1% |
| Cash at bank and in hand | 54/58 | €218,349 | €184,515 | -€33,834 | -15.5% |
| Deferred charges and accrued income | 490/1 | €20,611 | €38,761 | +€18,150 | +88.1% |
| Total equity and liabilities | 10/49 | €601,217 | €519,350 | -€81,868 | -13.6% |
| Equity | 10/15 | €311,122 | €184,617 | -€126,505 | -40.7% |
| Profit (loss) carried forward | 14 | €311,122 | €184,617 | -€126,505 | -40.7% |
| Provisions and deferred taxes | 16 | - | €23,190 | +€23,190 | |
| Provisions for liabilities and charges | 160/5 | - | €23,190 | +€23,190 | |
| Taxes | 161 | - | €23,190 | +€23,190 | |
| Amounts payable | 17/49 | €290,095 | €311,543 | +€21,448 | +7.4% |
| Amounts payable within one year | 42/48 | €290,095 | €311,543 | +€21,448 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €8,753 | - | -€8,753 | |
| Trade debts | 44 | €114,126 | €72,365 | -€41,760 | -36.6% |
| Suppliers | 440/4 | €114,126 | €72,365 | -€41,760 | -36.6% |
| Taxes, remuneration and social security | 45 | €167,216 | €239,178 | +€71,961 | +43.0% |
| Taxes | 450/3 | €47,219 | €52,445 | +€5,226 | +11.1% |
| Remuneration and social security | 454/9 | €119,997 | €186,733 | +€66,735 | +55.6% |
| Turnover | 70 | €1,328,812 | €1,379,723 | +€50,911 | +3.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,311,243 | €1,366,228 | +€54,985 | +4.2% |
| Remuneration, social security and pensions | 62 | €1,146,869 | €1,302,647 | +€155,778 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,567 | €55,013 | -€6,554 | -10.6% |
| Other operating charges | 640/8 | €31,537 | €44,251 | +€12,714 | +40.3% |
| Non-recurring operating charges | 66A | - | €14,000 | +€14,000 | |
| Gross operating margin | 9900 | €1,272,126 | €1,321,963 | +€49,836 | +3.9% |
| Operating profit (loss) | 9901 | €32,153 | -€117,139 | -€149,291 | |
| Financial income | 75/76B | €7,720 | €359 | -€7,361 | -95.3% |
| Recurring financial income | 75 | €7,720 | €359 | -€7,361 | -95.3% |
| Financial charges | 65/66B | €6,054 | €9,726 | +€3,672 | +60.6% |
| Recurring financial charges | 65 | €6,054 | €9,726 | +€3,672 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €33,818 | -€126,505 | -€160,324 | |
| Profit (loss) for the period | 9904 | €33,818 | -€126,505 | -€160,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,818 | -€126,505 | -€160,324 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.