Fonorack: 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.
Fonorack
Largest movements
- Stocks and contracts -€255,005
down €255,005 (-66.6%), from €382,939 to €127,934
- Cash +€23,105
up €23,105 (+131.0%), from €17,632 to €40,737
mainly Stocks and contracts (+€255,005) and Net result for the year (+€18,159)
- Other debts -€232,610
down €232,610 (-73.7%), from €315,713 to €83,103
- Reserves +€15,696
new in 2025: €15,696
- Trade debts -€10,956
down €10,956 (-94.7%), from €11,575 to €619
- Tax, wage and social debts -€6,492
down €6,492 (-16.5%), from €39,322 to €32,830
of which Remuneration and social security: -€8,385
- Gross operating margin +€10,674
up €10,674 (+117.3%), from €9,096 to €19,770
- Financial income -€4,549
down €4,549 (-98.4%), from €4,625 to €76
of which Non-recurring financial income: -€4,388
- Other operating charges +€660
up €660 (+67.6%), from €976 to €1,636
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 | €401,331 | €169,433 | -€231,898 | -57.8% |
| Current assets | 29/58 | €401,331 | €169,433 | -€231,898 | -57.8% |
| Stocks and contracts in progress | 3 | €382,939 | €127,934 | -€255,005 | -66.6% |
| Stocks | 30/36 | €382,939 | €127,934 | -€255,005 | -66.6% |
| Cash at bank and in hand | 54/58 | €17,632 | €40,737 | +€23,105 | +131.0% |
| Deferred charges and accrued income | 490/1 | €760 | €762 | +€2 | +0.3% |
| Total equity and liabilities | 10/49 | €401,331 | €169,433 | -€231,898 | -57.8% |
| Equity | 10/15 | €34,721 | €52,881 | +€18,160 | +52.3% |
| Contributions | 10/11 | €37,184 | €37,185 | +€1 | 0.0% |
| Outside capital | 11 | €37,184 | €37,185 | +€1 | 0.0% |
| Other | 1109/19 | €37,184 | €37,185 | +€1 | 0.0% |
| Reserves | 13 | - | €15,696 | +€15,696 | |
| Distributable reserves | 133 | - | €15,696 | +€15,696 | |
| Profit (loss) carried forward | 14 | -€2,463 | - | +€2,463 | |
| Amounts payable | 17/49 | €366,610 | €116,552 | -€250,058 | -68.2% |
| Amounts payable within one year | 42/48 | €366,610 | €116,552 | -€250,058 | -68.2% |
| Trade debts | 44 | €11,575 | €619 | -€10,956 | -94.7% |
| Suppliers | 440/4 | €11,575 | €619 | -€10,956 | -94.7% |
| Taxes, remuneration and social security | 45 | €39,322 | €32,830 | -€6,492 | -16.5% |
| Taxes | 450/3 | €1,141 | €3,034 | +€1,893 | +165.9% |
| Remuneration and social security | 454/9 | €38,181 | €29,796 | -€8,385 | -22.0% |
| Other amounts payable | 47/48 | €315,713 | €83,103 | -€232,610 | -73.7% |
| Other operating charges | 640/8 | €976 | €1,636 | +€660 | +67.6% |
| Gross operating margin | 9900 | €9,096 | €19,770 | +€10,674 | +117.3% |
| Operating profit (loss) | 9901 | €8,120 | €18,134 | +€10,014 | +123.3% |
| Financial income | 75/76B | €4,625 | €76 | -€4,549 | -98.4% |
| Recurring financial income | 75 | €237 | €76 | -€161 | -67.9% |
| Non-recurring financial income | 76B | €4,388 | - | -€4,388 | |
| Financial charges | 65/66B | €79 | €51 | -€28 | -35.4% |
| Recurring financial charges | 65 | €79 | €51 | -€28 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €12,666 | €18,159 | +€5,493 | +43.4% |
| Profit (loss) for the period | 9904 | €12,666 | €18,159 | +€5,493 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,666 | €18,159 | +€5,493 | +43.4% |
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 30 September 2026 via checked.be.