FONTEYNE: 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.
FONTEYNE
Largest movements
- Cash +€402,912
up €402,912 (+644%), from €62,579 to €465,491
mainly Receivables within one year (+€391,542) and Stocks and contracts (+€143,454)
- Receivables within one year -€391,542
down €391,542 (-66.1%), from €591,977 to €200,435
of which Other amounts receivable: -€350,348
- Stocks and contracts -€143,454
down €143,454 (-24.9%), from €576,392 to €432,938
- Tangible fixed assets -€76,175
down €76,175 (-6.5%), from €1.2m to €1.1m
of which Land and buildings: -€71,027
- Other debts -€168,113
down €168,113 (-39.2%), from €428,904 to €260,791
- Debts after one year -€72,095
down €72,095 (-5.0%), from €1.4m to €1.4m
of which Financial debts: -€72,095
- Reserves +€36,477
up €36,477 (+9.8%), from €371,686 to €408,163
- Gross operating margin +€31,156
up €31,156 (+22.1%), from €140,812 to €171,968
- Financial charges +€20,974
up €20,974 (+94.7%), from €22,152 to €43,126
- Taxes +€8,316
up €8,316 (+87.9%), from €9,456 to €17,772
- Depreciation -€2,882
down €2,882 (-3.6%), from €79,057 to €76,175
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 | €2,412,488 | €2,203,983 | -€208,505 | -8.6% |
| Fixed assets | 21/28 | €1,178,877 | €1,102,702 | -€76,175 | -6.5% |
| Tangible fixed assets | 22/27 | €1,178,877 | €1,102,702 | -€76,175 | -6.5% |
| Land and buildings | 22 | €1,169,912 | €1,098,885 | -€71,027 | -6.1% |
| Plant, machinery and equipment | 23 | €1,796 | €296 | -€1,500 | -83.5% |
| Furniture and vehicles | 24 | €1,608 | €411 | -€1,197 | -74.4% |
| Other tangible fixed assets | 26 | €5,561 | €3,110 | -€2,451 | -44.1% |
| Current assets | 29/58 | €1,233,611 | €1,101,281 | -€132,330 | -10.7% |
| Stocks and contracts in progress | 3 | €576,392 | €432,938 | -€143,454 | -24.9% |
| Stocks | 30/36 | €576,392 | €432,938 | -€143,454 | -24.9% |
| Amounts receivable within one year | 40/41 | €591,977 | €200,435 | -€391,542 | -66.1% |
| Trade receivables | 40 | €80,043 | €38,849 | -€41,194 | -51.5% |
| Other amounts receivable | 41 | €511,935 | €161,587 | -€350,348 | -68.4% |
| Cash at bank and in hand | 54/58 | €62,579 | €465,491 | +€402,912 | +644% |
| Deferred charges and accrued income | 490/1 | €2,662 | €2,416 | -€246 | -9.2% |
| Total equity and liabilities | 10/49 | €2,412,488 | €2,203,983 | -€208,505 | -8.6% |
| Equity | 10/15 | €430,245 | €466,722 | +€36,477 | +8.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €371,686 | €408,163 | +€36,477 | +9.8% |
| Distributable reserves | 133 | €371,686 | €408,163 | +€36,477 | +9.8% |
| Profit (loss) carried forward | 14 | -€3,440 | -€3,440 | = | 0.0% |
| Amounts payable | 17/49 | €1,982,243 | €1,737,261 | -€244,982 | -12.4% |
| Amounts payable after more than one year | 17 | €1,434,302 | €1,362,207 | -€72,095 | -5.0% |
| Financial debts | 170/4 | €1,384,302 | €1,312,207 | -€72,095 | -5.2% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €546,206 | €373,410 | -€172,796 | -31.6% |
| Current portion of amounts payable after more than one year | 42 | €76,909 | €78,055 | +€1,146 | +1.5% |
| Trade debts | 44 | €9,578 | €6,107 | -€3,471 | -36.2% |
| Suppliers | 440/4 | €9,578 | €6,107 | -€3,471 | -36.2% |
| Taxes, remuneration and social security | 45 | €30,814 | €28,456 | -€2,358 | -7.7% |
| Taxes | 450/3 | €30,814 | €28,456 | -€2,358 | -7.7% |
| Other amounts payable | 47/48 | €428,904 | €260,791 | -€168,113 | -39.2% |
| Accrued charges and deferred income | 492/3 | €1,735 | €1,644 | -€90 | -5.2% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,057 | €76,175 | -€2,882 | -3.6% |
| Other operating charges | 640/8 | €3,470 | €3,363 | -€108 | -3.1% |
| Gross operating margin | 9900 | €140,812 | €171,968 | +€31,156 | +22.1% |
| Operating profit (loss) | 9901 | €58,285 | €92,430 | +€34,146 | +58.6% |
| Financial income | 75/76B | €4,838 | €4,945 | +€107 | +2.2% |
| Recurring financial income | 75 | €4,838 | €4,945 | +€107 | +2.2% |
| Financial charges | 65/66B | €22,152 | €43,126 | +€20,974 | +94.7% |
| Recurring financial charges | 65 | €22,152 | €43,126 | +€20,974 | +94.7% |
| Profit (loss) for the period before taxes | 9903 | €40,970 | €54,249 | +€13,279 | +32.4% |
| Income taxes | 67/77 | €9,456 | €17,772 | +€8,316 | +87.9% |
| Profit (loss) for the period | 9904 | €31,514 | €36,477 | +€4,963 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,514 | €36,477 | +€4,963 | +15.7% |
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 14 October 2026 via checked.be.