Fornuftig: 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.
Fornuftig
Largest movements
- Cash +€19,385
up €19,385 (+23.0%), from €84,263 to €103,647
mainly Other debts (+€119,547) and Net result for the year (+€39,277)
- Receivables within one year -€6,431
down €6,431 (-4.3%), from €151,057 to €144,626
of which Other amounts receivable: -€5,760
- Deferred charges and accrued income -€2,856
down €2,856 (-80.1%), from €3,567 to €712
- Other debts +€119,547
up €119,547 (+547%), from €21,853 to €141,400
- Reserves -€97,304
down €97,304 (-50.9%), from €191,350 to €94,046
- Tax, wage and social debts -€12,788
down €12,788 (-58.1%), from €22,009 to €9,220
- Gross operating margin -€22,399
down €22,399 (-28.8%), from €77,791 to €55,393
- Taxes -€9,646
down €9,646 (-48.7%), from €19,792 to €10,147
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 | €255,676 | €265,438 | +€9,763 | +3.8% |
| Fixed assets | 21/28 | €16,788 | €16,453 | -€335 | -2.0% |
| Tangible fixed assets | 22/27 | €16,308 | €16,453 | +€145 | +0.9% |
| Land and buildings | 22 | - | €2,449 | +€2,449 | |
| Furniture and vehicles | 24 | €2,202 | €6,104 | +€3,902 | +177% |
| Other tangible fixed assets | 26 | €14,106 | €7,900 | -€6,206 | -44.0% |
| Financial fixed assets | 28 | €480 | €0 | -€480 | -100% |
| Current assets | 29/58 | €238,887 | €248,986 | +€10,098 | +4.2% |
| Amounts receivable within one year | 40/41 | €151,057 | €144,626 | -€6,431 | -4.3% |
| Trade receivables | 40 | €27,951 | €27,280 | -€671 | -2.4% |
| Other amounts receivable | 41 | €123,106 | €117,346 | -€5,760 | -4.7% |
| Cash at bank and in hand | 54/58 | €84,263 | €103,647 | +€19,385 | +23.0% |
| Deferred charges and accrued income | 490/1 | €3,567 | €712 | -€2,856 | -80.1% |
| Total equity and liabilities | 10/49 | €255,676 | €265,438 | +€9,763 | +3.8% |
| Equity | 10/15 | €209,950 | €112,646 | -€97,304 | -46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €191,350 | €94,046 | -€97,304 | -50.9% |
| Distributable reserves | 133 | €191,350 | €94,046 | -€97,304 | -50.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,726 | €152,792 | +€107,067 | +234% |
| Amounts payable within one year | 42/48 | €45,726 | €152,792 | +€107,067 | +234% |
| Trade debts | 44 | €1,864 | €2,172 | +€308 | +16.5% |
| Suppliers | 440/4 | €1,864 | €2,172 | +€308 | +16.5% |
| Taxes, remuneration and social security | 45 | €22,009 | €9,220 | -€12,788 | -58.1% |
| Taxes | 450/3 | €22,009 | €9,220 | -€12,788 | -58.1% |
| Other amounts payable | 47/48 | €21,853 | €141,400 | +€119,547 | +547% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,844 | €8,868 | +€23 | +0.3% |
| Other operating charges | 640/8 | €796 | €998 | +€202 | +25.4% |
| Gross operating margin | 9900 | €77,791 | €55,393 | -€22,399 | -28.8% |
| Operating profit (loss) | 9901 | €68,151 | €45,527 | -€22,624 | -33.2% |
| Financial income | 75/76B | €3,795 | €3,942 | +€147 | +3.9% |
| Recurring financial income | 75 | €3,795 | €3,942 | +€147 | +3.9% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +4.3% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €71,902 | €49,423 | -€22,479 | -31.3% |
| Income taxes | 67/77 | €19,792 | €10,147 | -€9,646 | -48.7% |
| Profit (loss) for the period | 9904 | €52,110 | €39,277 | -€12,833 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,110 | €39,277 | -€12,833 | -24.6% |
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 18 October 2026 via checked.be.