Fontaine: 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.
Fontaine
Largest movements
- Tangible fixed assets -€14,707
down €14,707 (-35.3%), from €41,647 to €26,939
of which Furniture and vehicles: -€14,559
- Stocks and contracts -€2,500
down €2,500 (-45.5%), from €5,500 to €3,000
- Receivables within one year -€1,949
down €1,949 (-34.9%), from €5,587 to €3,638
of which Other amounts receivable: -€3,293
- Profit (loss) carried forward -€24,257
down €24,257 (-58.5%), from -€41,474 to -€65,730
- Other debts +€11,684
up €11,684 (+123%), from €9,474 to €21,158
- Debts after one year -€10,293
down €10,293 (-49.3%), from €20,897 to €10,604
- Short-term financial debts +€2,404
up €2,404 (+42.6%), from €5,648 to €8,052
- Trade debts +€1,588
up €1,588 (+84.8%), from €1,873 to €3,461
- Gross operating margin -€14,546
down €14,546, from €7,346 to -€7,200
- Depreciation -€5,342
down €5,342 (-26.6%), from €20,050 to €14,707
- Financial charges -€334
down €334 (-21.3%), from €1,564 to €1,230
- Other operating charges +€114
up €114 (+17.1%), from €667 to €781
- Financial income -€87
down €87 (-95.3%), from €91 to €4
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,694 | €34,518 | -€19,176 | -35.7% |
| Fixed assets | 21/28 | €41,962 | €27,254 | -€14,707 | -35.0% |
| Tangible fixed assets | 22/27 | €41,647 | €26,939 | -€14,707 | -35.3% |
| Furniture and vehicles | 24 | €40,422 | €25,863 | -€14,559 | -36.0% |
| Other tangible fixed assets | 26 | €1,225 | €1,076 | -€149 | -12.1% |
| Financial fixed assets | 28 | €315 | €315 | = | 0.0% |
| Current assets | 29/58 | €11,732 | €7,264 | -€4,469 | -38.1% |
| Stocks and contracts in progress | 3 | €5,500 | €3,000 | -€2,500 | -45.5% |
| Stocks | 30/36 | €5,500 | €3,000 | -€2,500 | -45.5% |
| Amounts receivable within one year | 40/41 | €5,587 | €3,638 | -€1,949 | -34.9% |
| Trade receivables | 40 | €2,294 | €3,638 | +€1,344 | +58.6% |
| Other amounts receivable | 41 | €3,293 | - | -€3,293 | |
| Deferred charges and accrued income | 490/1 | €645 | €626 | -€20 | -3.0% |
| Total equity and liabilities | 10/49 | €53,694 | €34,518 | -€19,176 | -35.7% |
| Equity | 10/15 | €3,856 | -€20,400 | -€24,257 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,130 | €39,130 | = | 0.0% |
| Distributable reserves | 133 | €39,130 | €39,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,474 | -€65,730 | -€24,257 | -58.5% |
| Amounts payable | 17/49 | €49,837 | €54,918 | +€5,081 | +10.2% |
| Amounts payable after more than one year | 17 | €20,897 | €10,604 | -€10,293 | -49.3% |
| Financial debts | 170/4 | €20,897 | €10,604 | -€10,293 | -49.3% |
| Amounts payable within one year | 42/48 | €28,941 | €44,249 | +€15,309 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €11,511 | €10,293 | -€1,218 | -10.6% |
| Financial debts | 43 | €5,648 | €8,052 | +€2,404 | +42.6% |
| Credit institutions | 430/8 | €5,648 | €8,052 | +€2,404 | +42.6% |
| Trade debts | 44 | €1,873 | €3,461 | +€1,588 | +84.8% |
| Suppliers | 440/4 | €1,873 | €3,461 | +€1,588 | +84.8% |
| Taxes, remuneration and social security | 45 | €435 | €1,285 | +€850 | +195% |
| Taxes | 450/3 | €435 | €1,285 | +€850 | +195% |
| Other amounts payable | 47/48 | €9,474 | €21,158 | +€11,684 | +123% |
| Accrued charges and deferred income | 492/3 | - | €65 | +€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,050 | €14,707 | -€5,342 | -26.6% |
| Other operating charges | 640/8 | €667 | €781 | +€114 | +17.1% |
| Non-recurring operating charges | 66A | €671 | €127 | -€544 | -81.1% |
| Gross operating margin | 9900 | €7,346 | -€7,200 | -€14,546 | |
| Operating profit (loss) | 9901 | -€14,041 | -€22,815 | -€8,774 | -62.5% |
| Financial income | 75/76B | €91 | €4 | -€87 | -95.3% |
| Recurring financial income | 75 | €91 | €4 | -€87 | -95.3% |
| Financial charges | 65/66B | €1,564 | €1,230 | -€334 | -21.3% |
| Recurring financial charges | 65 | €1,564 | €1,230 | -€334 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,514 | -€24,041 | -€8,527 | -55.0% |
| Income taxes | 67/77 | €188 | €215 | +€27 | +14.4% |
| Profit (loss) for the period | 9904 | -€15,703 | -€24,257 | -€8,554 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,703 | -€24,257 | -€8,554 | -54.5% |
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 30 October 2026 via checked.be.