FUN-EVENTS: what changed
Two fiscal 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.
FUN-EVENTS
Largest movements
- Tangible fixed assets +€46,057
up €46,057 (+12.0%), from €383,215 to €429,272
of which Assets under construction and advance payments: +€88,000
- Stocks and contracts -€13,147
down €13,147 (-18.7%), from €70,473 to €57,326
- Receivables within one year -€7,958
down €7,958 (-42.5%), from €18,723 to €10,766
of which Trade receivables: -€6,716
- Other debts +€33,608
up €33,608 (+13.3%), from €252,923 to €286,531
- Debts after one year -€22,337
down €22,337 (-8.3%), from €268,799 to €246,462
- Profit (loss) carried forward +€7,238
up €7,238 (+4.1%), from -€175,773 to -€168,535
- Short-term financial debts +€5,924
new in 2025: €5,924
- Gross operating margin +€33,590
up €33,590 (+67.2%), from €49,972 to €83,562
- Financial income -€8,791
down €8,791 (-99.9%), from €8,801 to €10
- Staff costs -€2,245
down €2,245 (-14.7%), from €15,299 to €13,055
- Financial charges -€2,007
down €2,007 (-12.7%), from €15,795 to €13,788
- Other operating charges -€1,481
down €1,481 (-31.2%), from €4,752 to €3,271
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €477,863 | €501,353 | +€23,490 | +4.9% |
| Fixed assets | 21/28 | €383,215 | €429,272 | +€46,057 | +12.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €383,215 | €429,272 | +€46,057 | +12.0% |
| Land and buildings | 22 | €369,059 | €329,628 | -€39,430 | -10.7% |
| Plant, machinery and equipment | 23 | €13,528 | €11,458 | -€2,069 | -15.3% |
| Furniture and vehicles | 24 | €629 | €185 | -€443 | -70.5% |
| Assets under construction and advance payments | 27 | - | €88,000 | +€88,000 | |
| Current assets | 29/58 | €94,648 | €72,081 | -€22,567 | -23.8% |
| Stocks and contracts in progress | 3 | €70,473 | €57,326 | -€13,147 | -18.7% |
| Stocks | 30/36 | €70,473 | €57,326 | -€13,147 | -18.7% |
| Amounts receivable within one year | 40/41 | €18,723 | €10,766 | -€7,958 | -42.5% |
| Trade receivables | 40 | €17,460 | €10,745 | -€6,716 | -38.5% |
| Other amounts receivable | 41 | €1,263 | €21 | -€1,242 | -98.4% |
| Cash at bank and in hand | 54/58 | €4,909 | €3,368 | -€1,542 | -31.4% |
| Deferred charges and accrued income | 490/1 | €543 | €622 | +€80 | +14.7% |
| Total equity and liabilities | 10/49 | €477,863 | €501,353 | +€23,490 | +4.9% |
| Equity | 10/15 | -€112,705 | -€105,467 | +€7,238 | +6.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €43,068 | €43,068 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €41,068 | €41,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€175,773 | -€168,535 | +€7,238 | +4.1% |
| Amounts payable | 17/49 | €590,568 | €606,820 | +€16,252 | +2.8% |
| Amounts payable after more than one year | 17 | €268,799 | €246,462 | -€22,337 | -8.3% |
| Financial debts | 170/4 | €268,799 | €246,462 | -€22,337 | -8.3% |
| Amounts payable within one year | 42/48 | €321,737 | €360,358 | +€38,621 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €23,256 | €22,337 | -€920 | -4.0% |
| Financial debts | 43 | - | €5,924 | +€5,924 | |
| Credit institutions | 430/8 | - | €5,924 | +€5,924 | |
| Trade debts | 44 | €29,290 | €26,395 | -€2,896 | -9.9% |
| Suppliers | 440/4 | €29,290 | €26,395 | -€2,896 | -9.9% |
| Advances received on contracts in progress | 46 | €12,300 | €10,847 | -€1,453 | -11.8% |
| Taxes, remuneration and social security | 45 | €3,968 | €8,325 | +€4,358 | +109.8% |
| Taxes | 450/3 | €1,959 | €2,779 | +€819 | +41.8% |
| Remuneration and social security | 454/9 | €2,008 | €5,547 | +€3,539 | +176.2% |
| Other amounts payable | 47/48 | €252,923 | €286,531 | +€33,608 | +13.3% |
| Accrued charges and deferred income | 492/3 | €32 | €0 | -€32 | -100.0% |
| Non-recurring operating income | 76A | - | €3,515 | +€3,515 | |
| Remuneration, social security and pensions | 62 | €15,299 | €13,055 | -€2,245 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,793 | €43,639 | -€154 | -0.4% |
| Other operating charges | 640/8 | €4,752 | €3,271 | -€1,481 | -31.2% |
| Non-recurring operating charges | 66A | - | €2,582 | +€2,582 | |
| Gross operating margin | 9900 | €49,972 | €83,562 | +€33,590 | +67.2% |
| Operating profit (loss) | 9901 | -€13,873 | €21,015 | +€34,888 | |
| Financial income | 75/76B | €8,801 | €10 | -€8,791 | -99.9% |
| Recurring financial income | 75 | €8,801 | €10 | -€8,791 | -99.9% |
| Financial charges | 65/66B | €15,795 | €13,788 | -€2,007 | -12.7% |
| Recurring financial charges | 65 | €15,795 | €13,788 | -€2,007 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,866 | €7,238 | +€28,104 | |
| Profit (loss) for the period | 9904 | -€20,866 | €7,238 | +€28,104 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,866 | €7,238 | +€28,104 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.