FONTANE: what changed
FONTANE
Largest movements
- Receivables within one year +€47,050
up €47,050 (+122%), from €38,660 to €85,710
of which Trade receivables: +€49,423
- Cash +€23,440
up €23,440 (+681%), from €3,443 to €26,883
mainly Other debts (+€138,140) and Stocks and contracts (+€13,373)
- Tangible fixed assets +€19,252
new in 2025: €19,252
- Stocks and contracts -€13,373
down €13,373 (-65.6%), from €20,373 to €7,000
- Other debts +€138,140
new in 2025: €138,140
- Trade debts -€57,333
down €57,333 (-67.8%), from €84,500 to €27,168
- Profit (loss) carried forward -€11,568
down €11,568 (-41.6%), from -€27,779 to -€39,347
- Tax, wage and social debts +€4,130
new in 2025: €4,130
- Accrued charges and deferred income +€3,000
new in 2025: €3,000
- Gross operating margin +€17,472
up €17,472 (+65.6%), from -€26,650 to -€9,179
- Financial charges +€892
up €892 (+766%), from €117 to €1,009
- Depreciation +€748
new in 2025: €748
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,476 | €138,845 | +€76,369 | +122% |
| Fixed assets | 21/28 | - | €19,252 | +€19,252 | |
| Tangible fixed assets | 22/27 | - | €19,252 | +€19,252 | |
| Plant, machinery and equipment | 23 | - | €19,252 | +€19,252 | |
| Current assets | 29/58 | €62,476 | €119,593 | +€57,117 | +91.4% |
| Stocks and contracts in progress | 3 | €20,373 | €7,000 | -€13,373 | -65.6% |
| Stocks | 30/36 | €20,373 | €7,000 | -€13,373 | -65.6% |
| Amounts receivable within one year | 40/41 | €38,660 | €85,710 | +€47,050 | +122% |
| Trade receivables | 40 | €36,287 | €85,710 | +€49,423 | +136% |
| Other amounts receivable | 41 | €2,373 | €0 | -€2,373 | -100% |
| Cash at bank and in hand | 54/58 | €3,443 | €26,883 | +€23,440 | +681% |
| Total equity and liabilities | 10/49 | €62,476 | €138,845 | +€76,369 | +122% |
| Equity | 10/15 | -€22,025 | -€33,593 | -€11,568 | -52.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €754 | €754 | = | 0.0% |
| Distributable reserves | 133 | €754 | €754 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,779 | -€39,347 | -€11,568 | -41.6% |
| Amounts payable | 17/49 | €84,500 | €172,438 | +€87,938 | +104% |
| Amounts payable within one year | 42/48 | €84,500 | €169,438 | +€84,938 | +101% |
| Trade debts | 44 | €84,500 | €27,168 | -€57,333 | -67.8% |
| Suppliers | 440/4 | €84,500 | €27,168 | -€57,333 | -67.8% |
| Taxes, remuneration and social security | 45 | - | €4,130 | +€4,130 | |
| Taxes | 450/3 | - | €4,130 | +€4,130 | |
| Other amounts payable | 47/48 | - | €138,140 | +€138,140 | |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €748 | +€748 | |
| Other operating charges | 640/8 | €799 | €701 | -€97 | -12.2% |
| Gross operating margin | 9900 | -€26,650 | -€9,179 | +€17,472 | +65.6% |
| Operating profit (loss) | 9901 | -€27,449 | -€10,628 | +€16,821 | +61.3% |
| Financial income | 75/76B | €0 | €68 | +€68 | +682,800% |
| Recurring financial income | 75 | €0 | €68 | +€68 | +682,800% |
| Financial charges | 65/66B | €117 | €1,009 | +€892 | +766% |
| Recurring financial charges | 65 | €117 | €1,009 | +€892 | +766% |
| Profit (loss) for the period before taxes | 9903 | -€27,565 | -€11,568 | +€15,997 | +58.0% |
| Income taxes | 67/77 | €214 | €0 | -€214 | -100% |
| Profit (loss) for the period | 9904 | -€27,779 | -€11,568 | +€16,210 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,779 | -€11,568 | +€16,210 | +58.4% |
Next steps
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 1 November 2026 via checked.be.