FOURNIPAC: 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.
What changed
FOURNIPAC
NACE 88.993, Social work activities without accommodation
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€228,155
2024 · -€185,379-€42,776
Equity
€335,681
2024 · €614,369-€278,688
Cash
€832,405
2024 · €477,066+€355,339
Balance sheet total
€3.0m
2024 · €2.8m+€261,518
Largest movements
Assets
- Cash +€355,339
up €355,339 (+74.5%), from €477,066 to €832,405
mainly Accrued charges and deferred income (+€515,478) and Other debts (+€406,681)
- Tangible fixed assets -€229,207
down €229,207 (-13.3%), from €1.7m to €1.5m
of which Land and buildings: -€153,773
- Receivables within one year +€167,468
up €167,468 (+31.4%), from €532,529 to €699,997
of which Trade receivables: +€244,694
Equity and liabilities
- Accrued charges and deferred income +€515,478
up €515,478 (+153.3%), from €336,329 to €851,807
- Other debts +€406,681
up €406,681 (+55939.6%), from €727 to €407,408
- Debts after one year -€340,258
down €340,258 (-64.4%), from €528,632 to €188,374
of which Other amounts payable: -€420,574
- Profit (loss) carried forward -€228,155
down €228,155 (-51.7%), from -€441,694 to -€669,849
- Provisions +€150,000
new in 2025: €150,000
Income statement
- Staff costs -€316,629
down €316,629 (-9.9%), from €3.2m to €2.9m
- Gross operating margin -€238,866
down €238,866 (-7.2%), from €3.3m to €3.1m
- Turnover -€173,024
down €173,024 (-4.5%), from €3.9m to €3.7m
- Provisions +€159,170
up €159,170, from -€9,170 to €150,000
- Purchases and services +€65,842
up €65,842 (+11.4%), from €576,768 to €642,610
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.
Result 2024
-€185,379
Gross operating margin
-€238,866
Staff costs
+€316,629
Depreciation
+€28,185
Write-downs
+€16,487
Provisions
-€159,170
Other operating charges
-€1,601
Other operating items
+€4,672
Financial income
-€3,922
Financial charges
-€7,106
Taxes
+€1,916
Result 2025
-€228,155
Cash bridge derived
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
+€789,965
Investment
-€10,417
Financing
-€424,209
Cash 2024
€477,066
From operations (derived)
+€789,965
Net result for the year
-€228,155
Depreciation
+€247,942
Stocks and contracts
+€4,703
Receivables within one year
-€167,468
Deferred charges and accrued income
+€19,061
Provisions
+€150,000
Trade debts
-€28,176
Tax, wage and social debts
-€130,101
Other debts
+€406,681
Accrued charges and deferred income
+€515,478
Investment (derived)
-€10,417
Investment in fixed assets (net)
-€10,417
Financing
-€424,209
Debts after one year
-€340,258
Current portion of long-term debt
-€121,374
Short-term financial debts
+€87,956
Contributions, distributions and other
-€50,533
Cash 2025
€832,405
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,783,761 | €3,045,279 | +€261,518 | +9.4% |
| Fixed assets | 21/28 | €1,734,736 | €1,497,211 | -€237,525 | -13.7% |
| Tangible fixed assets | 22/27 | €1,726,418 | €1,497,211 | -€229,207 | -13.3% |
| Land and buildings | 22 | €1,550,910 | €1,397,137 | -€153,773 | -9.9% |
| Plant, machinery and equipment | 23 | €101,266 | €68,969 | -€32,297 | -31.9% |
| Furniture and vehicles | 24 | €74,242 | €31,105 | -€43,137 | -58.1% |
| Financial fixed assets | 28 | €8,318 | €0 | -€8,318 | -100.0% |
| Current assets | 29/58 | €1,049,025 | €1,548,068 | +€499,043 | +47.6% |
| Stocks and contracts in progress | 3 | €11,705 | €7,002 | -€4,703 | -40.2% |
| Stocks | 30/36 | €11,705 | €7,002 | -€4,703 | -40.2% |
| Amounts receivable within one year | 40/41 | €532,529 | €699,997 | +€167,468 | +31.4% |
| Trade receivables | 40 | €443,787 | €688,481 | +€244,694 | +55.1% |
| Other amounts receivable | 41 | €88,742 | €11,516 | -€77,226 | -87.0% |
| Cash at bank and in hand | 54/58 | €477,066 | €832,405 | +€355,339 | +74.5% |
| Deferred charges and accrued income | 490/1 | €27,725 | €8,664 | -€19,061 | -68.8% |
| Total equity and liabilities | 10/49 | €2,783,761 | €3,045,279 | +€261,518 | +9.4% |
| Equity | 10/15 | €614,369 | €335,681 | -€278,688 | -45.4% |
| Contributions | 10/11 | €546,640 | €545,890 | -€750 | -0.1% |
| Reserves | 13 | €54,671 | €54,671 | = | 0.0% |
| Distributable reserves | 133 | €54,671 | €54,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€441,694 | -€669,849 | -€228,155 | -51.7% |
| Investment grants | 15 | €454,752 | €404,969 | -€49,783 | -10.9% |
| Provisions and deferred taxes | 16 | - | €150,000 | +€150,000 | |
| Provisions for liabilities and charges | 160/5 | - | €150,000 | +€150,000 | |
| Other liabilities and charges | 164/5 | - | €150,000 | +€150,000 | |
| Amounts payable | 17/49 | €2,169,392 | €2,559,598 | +€390,206 | +18.0% |
| Amounts payable after more than one year | 17 | €528,632 | €188,374 | -€340,258 | -64.4% |
| Financial debts | 170/4 | €108,058 | €188,374 | +€80,316 | +74.3% |
| Other amounts payable | 178/9 | €420,574 | €0 | -€420,574 | -100.0% |
| Amounts payable within one year | 42/48 | €1,304,431 | €1,519,417 | +€214,986 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €236,439 | €115,065 | -€121,374 | -51.3% |
| Financial debts | 43 | €125,000 | €212,956 | +€87,956 | +70.4% |
| Credit institutions | 430/8 | €125,000 | €212,956 | +€87,956 | +70.4% |
| Trade debts | 44 | €344,845 | €316,669 | -€28,176 | -8.2% |
| Suppliers | 440/4 | €344,845 | €316,669 | -€28,176 | -8.2% |
| Taxes, remuneration and social security | 45 | €597,420 | €467,319 | -€130,101 | -21.8% |
| Taxes | 450/3 | €59,693 | €61,269 | +€1,576 | +2.6% |
| Remuneration and social security | 454/9 | €537,727 | €406,050 | -€131,677 | -24.5% |
| Other amounts payable | 47/48 | €727 | €407,408 | +€406,681 | +55939.6% |
| Accrued charges and deferred income | 492/3 | €336,329 | €851,807 | +€515,478 | +153.3% |
| Turnover | 70 | €3,879,595 | €3,706,571 | -€173,024 | -4.5% |
| Non-recurring operating income | 76A | €0 | €193,261 | +€193,261 | |
| Goods, raw materials, services and sundry goods | 60/61 | €576,768 | €642,610 | +€65,842 | +11.4% |
| Remuneration, social security and pensions | 62 | €3,182,546 | €2,865,917 | -€316,629 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €276,127 | €247,942 | -€28,185 | -10.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,294 | -€10,193 | -€16,487 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€9,170 | €150,000 | +€159,170 | |
| Other operating charges | 640/8 | €7,639 | €9,240 | +€1,601 | +21.0% |
| Non-recurring operating charges | 66A | €18,493 | €13,821 | -€4,672 | -25.3% |
| Gross operating margin | 9900 | €3,302,827 | €3,063,961 | -€238,866 | -7.2% |
| Operating profit (loss) | 9901 | -€179,102 | -€212,766 | -€33,664 | -18.8% |
| Financial income | 75/76B | €57,755 | €53,833 | -€3,922 | -6.8% |
| Recurring financial income | 75 | €57,755 | €53,833 | -€3,922 | -6.8% |
| Financial charges | 65/66B | €60,017 | €67,123 | +€7,106 | +11.8% |
| Recurring financial charges | 65 | €60,017 | €67,123 | +€7,106 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€181,364 | -€226,056 | -€44,692 | -24.6% |
| Income taxes | 67/77 | €4,015 | €2,099 | -€1,916 | -47.7% |
| Profit (loss) for the period | 9904 | -€185,379 | -€228,155 | -€42,776 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€185,379 | -€228,155 | -€42,776 | -23.1% |
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 12 October 2026 via checked.be.