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FonsI: 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.

What changed

FonsI

BE 0803.578.187
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,969
2024 · €99,458-€77,490
Equity
€126,427
2024 · €104,458+€21,969
Cash
€158,672
2024 · €120,339+€38,334
Balance sheet total
€164,814
2024 · €137,411+€27,403

Largest movements

2024 to 2025
Assets
  • Cash +€38,334

    up €38,334 (+31.9%), from €120,339 to €158,672

    mainly Net result for the year (+€21,969) and Receivables within one year (+€10,931)

  • Receivables within one year -€10,931

    down €10,931 (-64.0%), from €17,073 to €6,141

    of which Trade receivables: -€8,403

Equity and liabilities
  • Reserves +€21,969

    new in 2025: €21,969

  • Tax, wage and social debts +€9,238

    up €9,238 (+32.6%), from €28,362 to €37,600

  • Trade debts -€3,804

    down €3,804 (-82.9%), from €4,591 to €787

Income statement
  • Gross operating margin -€97,152

    down €97,152 (-75.3%), from €129,031 to €31,879

  • Taxes -€19,124

    down €19,124 (-67.4%), from €28,362 to €9,238

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €99,458
Gross operating margin -€97,152
Other operating charges +€270
Financial charges +€268
Taxes +€19,124
Result 2025 €21,969

Cash bridge derived

cash 2024 to 2025

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.

From operations +€38,334
Investment €0
Financing €0
Cash 2024 €120,339
Net result for the year +€21,969
Receivables within one year +€10,931
Trade debts -€3,804
Tax, wage and social debts +€9,238
Cash 2025 €158,672
Every line side by side 27 lines
Line Code 2024 2025 Change %
Total assets 20/58 €137,411 €164,814 +€27,403 +19.9%
Current assets 29/58 €137,411 €164,814 +€27,403 +19.9%
Amounts receivable within one year 40/41 €17,073 €6,141 -€10,931 -64.0%
Trade receivables 40 €12,604 €4,201 -€8,403 -66.7%
Other amounts receivable 41 €4,468 €1,940 -€2,528 -56.6%
Cash at bank and in hand 54/58 €120,339 €158,672 +€38,334 +31.9%
Total equity and liabilities 10/49 €137,411 €164,814 +€27,403 +19.9%
Equity 10/15 €104,458 €126,427 +€21,969 +21.0%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 - €21,969 +€21,969
Distributable reserves 133 - €21,969 +€21,969
Profit (loss) carried forward 14 €99,458 €99,458 = 0.0%
Amounts payable 17/49 €32,953 €38,387 +€5,434 +16.5%
Amounts payable within one year 42/48 €32,953 €38,387 +€5,434 +16.5%
Trade debts 44 €4,591 €787 -€3,804 -82.9%
Suppliers 440/4 €4,591 €787 -€3,804 -82.9%
Taxes, remuneration and social security 45 €28,362 €37,600 +€9,238 +32.6%
Taxes 450/3 €28,362 €37,600 +€9,238 +32.6%
Other operating charges 640/8 €890 €620 -€270 -30.4%
Gross operating margin 9900 €129,031 €31,879 -€97,152 -75.3%
Operating profit (loss) 9901 €128,141 €31,260 -€96,882 -75.6%
Financial charges 65/66B €321 €53 -€268 -83.5%
Recurring financial charges 65 €321 €53 -€268 -83.5%
Profit (loss) for the period before taxes 9903 €127,820 €31,207 -€96,613 -75.6%
Income taxes 67/77 €28,362 €9,238 -€19,124 -67.4%
Profit (loss) for the period 9904 €99,458 €21,969 -€77,490 -77.9%
Profit (loss) for the period to be appropriated 9905 €99,458 €21,969 -€77,490 -77.9%

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.