Fonkels: 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.
Fonkels
Largest movements
- Tangible fixed assets +€65,186
up €65,186 (+36.3%), from €179,646 to €244,831
of which Other tangible fixed assets: +€210,765
- Receivables after one year -€17,296
down €17,296 (-100%), from €17,296 to €0
- Receivables within one year -€12,723
down €12,723 (-25.1%), from €50,789 to €38,066
of which Trade receivables: -€35,009
- Cash -€4,882
down €4,882 (-8.3%), from €58,580 to €53,698
mainly Investment in fixed assets (net) (-€81,980) and Tax, wage and social debts (-€19,883)
- Reserves +€53,844
up €53,844 (+37.8%), from €142,578 to €196,422
- Tax, wage and social debts -€19,883
down €19,883 (-44.4%), from €44,829 to €24,946
of which Taxes: -€19,883
- Other debts -€3,562
down €3,562 (-100%), from €3,562 to €0
- Financial charges +€8,629
up €8,629 (+128%), from €6,761 to €15,391
- Depreciation +€8,214
up €8,214 (+95.7%), from €8,580 to €16,794
- Taxes -€4,242
down €4,242 (-23.4%), from €18,139 to €13,897
- Gross operating margin -€2,321
down €2,321 (-2.3%), from €101,751 to €99,430
- Financial income -€1,077
down €1,077 (-50.7%), from €2,122 to €1,045
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 | €309,063 | €339,681 | +€30,619 | +9.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €179,646 | €244,831 | +€65,186 | +36.3% |
| Tangible fixed assets | 22/27 | €179,646 | €244,831 | +€65,186 | +36.3% |
| Land and buildings | 22 | €136,547 | €0 | -€136,547 | -100% |
| Furniture and vehicles | 24 | €43,099 | €34,067 | -€9,032 | -21.0% |
| Other tangible fixed assets | 26 | - | €210,765 | +€210,765 | |
| Current assets | 29/58 | €129,417 | €94,850 | -€34,567 | -26.7% |
| Amounts receivable after more than one year | 29 | €17,296 | €0 | -€17,296 | -100% |
| Other amounts receivable | 291 | €17,296 | €0 | -€17,296 | -100% |
| Amounts receivable within one year | 40/41 | €50,789 | €38,066 | -€12,723 | -25.1% |
| Trade receivables | 40 | €50,789 | €15,780 | -€35,009 | -68.9% |
| Other amounts receivable | 41 | - | €22,286 | +€22,286 | |
| Cash at bank and in hand | 54/58 | €58,580 | €53,698 | -€4,882 | -8.3% |
| Deferred charges and accrued income | 490/1 | €2,751 | €3,085 | +€335 | +12.2% |
| Total equity and liabilities | 10/49 | €309,063 | €339,681 | +€30,619 | +9.9% |
| Equity | 10/15 | €146,578 | €200,422 | +€53,844 | +36.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €142,578 | €196,422 | +€53,844 | +37.8% |
| Distributable reserves | 133 | €142,578 | €196,422 | +€53,844 | +37.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €162,484 | €139,259 | -€23,225 | -14.3% |
| Amounts payable after more than one year | 17 | €113,850 | €113,850 | = | 0.0% |
| Financial debts | 170/4 | €113,850 | €113,850 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,634 | €25,409 | -€23,225 | -47.8% |
| Trade debts | 44 | €242 | €463 | +€220 | +90.9% |
| Suppliers | 440/4 | €242 | €463 | +€220 | +90.9% |
| Taxes, remuneration and social security | 45 | €44,829 | €24,946 | -€19,883 | -44.4% |
| Taxes | 450/3 | €44,829 | €24,946 | -€19,883 | -44.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,562 | €0 | -€3,562 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,580 | €16,794 | +€8,214 | +95.7% |
| Other operating charges | 640/8 | €598 | €550 | -€49 | -8.1% |
| Gross operating margin | 9900 | €101,751 | €99,430 | -€2,321 | -2.3% |
| Operating profit (loss) | 9901 | €92,572 | €82,086 | -€10,486 | -11.3% |
| Financial income | 75/76B | €2,122 | €1,045 | -€1,077 | -50.7% |
| Recurring financial income | 75 | €2,122 | €1,045 | -€1,077 | -50.7% |
| Financial charges | 65/66B | €6,761 | €15,391 | +€8,629 | +128% |
| Recurring financial charges | 65 | €6,761 | €15,391 | +€8,629 | +128% |
| Profit (loss) for the period before taxes | 9903 | €87,933 | €67,741 | -€20,192 | -23.0% |
| Income taxes | 67/77 | €18,139 | €13,897 | -€4,242 | -23.4% |
| Profit (loss) for the period | 9904 | €69,793 | €53,844 | -€15,950 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,793 | €53,844 | -€15,950 | -22.9% |
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 13 October 2026 via checked.be.