FONK'S BACKWAREN: what changed
What changed
FONK'S BACKWAREN
NACE 10.711, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
-€277,748
2024 · -€49,168-€228,580
Equity
€853,763
2024 · €1.1m-€279,748
Cash
€25,571
2024 · €1.0m-€985,760
Balance sheet total
€13.8m
2024 · €10.8m+€3.0m
Largest movements
Assets
- Tangible fixed assets +€4.3m
up €4.3m (+61.9%), from €6.9m to €11.2m
of which Land and buildings: +€3.1m
- Cash -€985,760
down €985,760 (-97.5%), from €1.0m to €25,571
mainly Investment in fixed assets (net) (-€5.2m) and Trade debts (-€762,181)
- Receivables within one year -€246,232
down €246,232 (-40.0%), from €615,969 to €369,737
of which Trade receivables: -€220,158
Equity and liabilities
- Debts after one year +€3.0m
up €3.0m (+38.5%), from €7.7m to €10.7m
- Current portion of long-term debt +€1.1m
up €1.1m (+223%), from €483,992 to €1.6m
- Trade debts -€762,181
down €762,181 (-61.9%), from €1.2m to €469,779
- Profit (loss) carried forward -€277,748
down €277,748 (-28.3%), from €981,813 to €704,064
Income statement
- Gross operating margin +€695,011
up €695,011 (+37.4%), from €1.9m to €2.6m
- Depreciation +€500,223
up €500,223 (+118%), from €422,326 to €922,549
- Financial charges +€262,874
up €262,874 (+209%), from €125,996 to €388,870
- Staff costs +€148,904
up €148,904 (+11.2%), from €1.3m to €1.5m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€49,168
Gross operating margin
+€695,011
Staff costs
-€148,904
Depreciation
-€500,223
Other operating charges
-€5,480
Other operating items
-€1,466
Financial income
-€4,524
Financial charges
-€262,874
Taxes
-€120
Result 2025
-€277,748
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€192,477
Investment
-€5.2m
Financing
+€4.0m
Cash 2024
€1.0m
From operations (derived)
+€192,477
Net result for the year
-€277,748
Depreciation
+€922,549
Stocks and contracts
+€26,379
Receivables within one year
+€246,232
Smaller working-capital items
-€16,387
Trade debts
-€762,181
Tax, wage and social debts
+€53,634
Investment (derived)
-€5.2m
Investment in fixed assets (net)
-€5.2m
Financing
+€4.0m
Debts after one year
+€3.0m
Current portion of long-term debt
+€1.1m
Short-term financial debts
-€744
Contributions, distributions and other
-€2,000
Cash 2025
€25,571
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,771,721 | €13,820,166 | +€3.0m | +28.3% |
| Fixed assets | 21/28 | €8,971,183 | €13,267,453 | +€4.3m | +47.9% |
| Intangible fixed assets | 21 | €46,090 | €43,952 | -€2,138 | -4.6% |
| Tangible fixed assets | 22/27 | €6,905,094 | €11,178,981 | +€4.3m | +61.9% |
| Land and buildings | 22 | €3,886,990 | €6,998,293 | +€3.1m | +80.0% |
| Plant, machinery and equipment | 23 | €1,816,780 | €2,662,868 | +€846,088 | +46.6% |
| Furniture and vehicles | 24 | €1,050,102 | €998,284 | -€51,818 | -4.9% |
| Leasing and similar rights | 25 | €151,221 | €519,536 | +€368,315 | +244% |
| Financial fixed assets | 28 | €2,020,000 | €2,044,519 | +€24,519 | +1.2% |
| Current assets | 29/58 | €1,800,537 | €552,714 | -€1.2m | -69.3% |
| Stocks and contracts in progress | 3 | €148,705 | €122,326 | -€26,379 | -17.7% |
| Stocks | 30/36 | €148,705 | €122,326 | -€26,379 | -17.7% |
| Amounts receivable within one year | 40/41 | €615,969 | €369,737 | -€246,232 | -40.0% |
| Trade receivables | 40 | €567,164 | €347,005 | -€220,158 | -38.8% |
| Other amounts receivable | 41 | €48,806 | €22,732 | -€26,074 | -53.4% |
| Cash at bank and in hand | 54/58 | €1,011,330 | €25,571 | -€985,760 | -97.5% |
| Deferred charges and accrued income | 490/1 | €24,533 | €35,080 | +€10,547 | +43.0% |
| Total equity and liabilities | 10/49 | €10,771,721 | €13,820,166 | +€3.0m | +28.3% |
| Equity | 10/15 | €1,133,511 | €853,763 | -€279,748 | -24.7% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Capital | 10 | €135,000 | €135,000 | = | 0.0% |
| Issued capital | 100 | €135,000 | €135,000 | = | 0.0% |
| Reserves | 13 | €13,500 | €13,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,500 | €13,500 | = | 0.0% |
| Legal reserve | 130 | €13,500 | €13,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €981,813 | €704,064 | -€277,748 | -28.3% |
| Investment grants | 15 | €3,199 | €1,199 | -€2,000 | -62.5% |
| Amounts payable | 17/49 | €9,638,210 | €12,966,404 | +€3.3m | +34.5% |
| Amounts payable after more than one year | 17 | €7,697,011 | €10,661,448 | +€3.0m | +38.5% |
| Financial debts | 170/4 | €7,697,011 | €10,661,448 | +€3.0m | +38.5% |
| Amounts payable within one year | 42/48 | €1,933,162 | €2,302,759 | +€369,597 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €483,992 | €1,562,880 | +€1.1m | +223% |
| Financial debts | 43 | €29,213 | €28,469 | -€744 | -2.5% |
| Credit institutions | 430/8 | €29,213 | €28,469 | -€744 | -2.5% |
| Trade debts | 44 | €1,231,959 | €469,779 | -€762,181 | -61.9% |
| Suppliers | 440/4 | €1,231,959 | €469,779 | -€762,181 | -61.9% |
| Taxes, remuneration and social security | 45 | €187,997 | €241,631 | +€53,634 | +28.5% |
| Taxes | 450/3 | €31,977 | €37,130 | +€5,153 | +16.1% |
| Remuneration and social security | 454/9 | €156,020 | €204,501 | +€48,481 | +31.1% |
| Accrued charges and deferred income | 492/3 | €8,037 | €2,197 | -€5,840 | -72.7% |
| Non-recurring operating income | 76A | €5,250 | €371,967 | +€366,717 | +6,985% |
| Remuneration, social security and pensions | 62 | €1,330,610 | €1,479,514 | +€148,904 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €422,326 | €922,549 | +€500,223 | +118% |
| Other operating charges | 640/8 | €39,879 | €45,359 | +€5,480 | +13.7% |
| Non-recurring operating charges | 66A | - | €1,466 | +€1,466 | |
| Gross operating margin | 9900 | €1,858,405 | €2,553,416 | +€695,011 | +37.4% |
| Operating profit (loss) | 9901 | €65,590 | €104,528 | +€38,938 | +59.4% |
| Financial income | 75/76B | €11,905 | €7,381 | -€4,524 | -38.0% |
| Recurring financial income | 75 | €11,905 | €7,381 | -€4,524 | -38.0% |
| Financial charges | 65/66B | €125,996 | €388,870 | +€262,874 | +209% |
| Recurring financial charges | 65 | €125,996 | €388,870 | +€262,874 | +209% |
| Profit (loss) for the period before taxes | 9903 | -€48,501 | -€276,961 | -€228,460 | -471% |
| Income taxes | 67/77 | €667 | €787 | +€120 | +18.0% |
| Profit (loss) for the period | 9904 | -€49,168 | -€277,748 | -€228,580 | -465% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,168 | -€277,748 | -€228,580 | -465% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.