FUN LAND: 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
FUN LAND
NACE 93.210, Sports, amusement and recreation activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€636,461
2024 · -€685,662+€49,201
Equity
€36,237
2024 · €72,698-€36,461
Cash
€48,704
2024 · €117,963-€69,259
Balance sheet total
€2.1m
2024 · €2.2m-€49,928
Largest movements
Assets
- Intangible fixed assets +€269,970
up €269,970 (+2856.8%), from €9,450 to €279,420
- Receivables within one year -€267,369
down €267,369 (-75.5%), from €354,152 to €86,783
of which Other amounts receivable: -€236,513
- Cash -€69,259
down €69,259 (-58.7%), from €117,963 to €48,704
mainly Net result for the year (-€636,461) and Investment in fixed assets (net) (-€568,278)
Equity and liabilities
- Profit (loss) carried forward -€636,461
down €636,461 (-92.8%), from -€685,662 to -€1.3m
- Contributions +€600,000
up €600,000 (+285.7%), from €209,992 to €809,992
- Other debts +€463,694
up €463,694, from €0 to €463,694
- Debts after one year -€282,364
down €282,364 (-31.2%), from €904,103 to €621,740
- Current portion of long-term debt -€176,544
down €176,544 (-33.4%), from €528,056 to €351,512
Income statement
- Gross operating margin +€350,122
up €350,122 (+37.7%), from €927,562 to €1.3m
- Staff costs +€171,238
up €171,238 (+13.9%), from €1.2m to €1.4m
- Depreciation +€61,952
up €61,952 (+26.3%), from €235,471 to €297,423
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
-€685,662
Gross operating margin
+€350,122
Staff costs
-€171,238
Depreciation
-€61,952
Write-downs
+€433
Other operating charges
+€1,405
Other operating items
-€67,668
Financial income
-€2,523
Financial charges
+€540
Taxes
+€82
Result 2025
-€636,461
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
+€357,926
Investment
-€568,278
Financing
+€141,092
Cash 2024
€117,963
From operations (derived)
+€357,926
Net result for the year
-€636,461
Depreciation
+€297,423
Stocks and contracts
+€135
Receivables within one year
+€267,369
Deferred charges and accrued income
-€15,982
Trade debts
+€7,864
Tax, wage and social debts
+€4,502
Advances received
-€8,585
Other debts
+€463,694
Accrued charges and deferred income
-€22,034
Investment (derived)
-€568,278
Investment in fixed assets (net)
-€568,278
Financing
+€141,092
Debts after one year
-€282,364
Current portion of long-term debt
-€176,544
Contributions, distributions and other
+€600,000
Cash 2025
€48,704
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,191,772 | €2,141,844 | -€49,928 | -2.3% |
| Fixed assets | 21/28 | €1,614,864 | €1,885,718 | +€270,855 | +16.8% |
| Intangible fixed assets | 21 | €9,450 | €279,420 | +€269,970 | +2856.8% |
| Tangible fixed assets | 22/27 | €1,499,730 | €1,484,534 | -€15,196 | -1.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €210,772 | €172,175 | -€38,597 | -18.3% |
| Furniture and vehicles | 24 | €20,963 | €11,440 | -€9,524 | -45.4% |
| Other tangible fixed assets | 26 | €1,267,995 | €1,300,920 | +€32,925 | +2.6% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €105,684 | €121,764 | +€16,080 | +15.2% |
| Current assets | 29/58 | €576,908 | €256,126 | -€320,782 | -55.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €61,996 | €61,861 | -€135 | -0.2% |
| Stocks | 30/36 | €61,996 | €61,861 | -€135 | -0.2% |
| Amounts receivable within one year | 40/41 | €354,152 | €86,783 | -€267,369 | -75.5% |
| Trade receivables | 40 | €107,805 | €76,948 | -€30,857 | -28.6% |
| Other amounts receivable | 41 | €246,347 | €9,835 | -€236,513 | -96.0% |
| Cash at bank and in hand | 54/58 | €117,963 | €48,704 | -€69,259 | -58.7% |
| Deferred charges and accrued income | 490/1 | €42,796 | €58,778 | +€15,982 | +37.3% |
| Total equity and liabilities | 10/49 | €2,191,772 | €2,141,844 | -€49,928 | -2.3% |
| Equity | 10/15 | €72,698 | €36,237 | -€36,461 | -50.2% |
| Contributions | 10/11 | €209,992 | €809,992 | +€600,000 | +285.7% |
| Revaluation surpluses | 12 | €100,000 | €96,480 | -€3,520 | -3.5% |
| Reserves | 13 | €448,368 | €451,888 | +€3,520 | +0.8% |
| Tax-exempt reserves | 132 | €15,130 | €15,130 | = | 0.0% |
| Distributable reserves | 133 | €433,239 | €436,759 | +€3,520 | +0.8% |
| Profit (loss) carried forward | 14 | -€685,662 | -€1,322,123 | -€636,461 | -92.8% |
| Amounts payable | 17/49 | €2,119,074 | €2,105,607 | -€13,467 | -0.6% |
| Amounts payable after more than one year | 17 | €904,103 | €621,740 | -€282,364 | -31.2% |
| Financial debts | 170/4 | €904,103 | €621,740 | -€282,364 | -31.2% |
| Amounts payable within one year | 42/48 | €1,170,854 | €1,461,785 | +€290,930 | +24.8% |
| Current portion of amounts payable after more than one year | 42 | €528,056 | €351,512 | -€176,544 | -33.4% |
| Trade debts | 44 | €310,456 | €318,320 | +€7,864 | +2.5% |
| Suppliers | 440/4 | €310,456 | €318,320 | +€7,864 | +2.5% |
| Advances received on contracts in progress | 46 | €47,418 | €38,832 | -€8,585 | -18.1% |
| Taxes, remuneration and social security | 45 | €284,925 | €289,427 | +€4,502 | +1.6% |
| Taxes | 450/3 | €49,219 | €29,477 | -€19,742 | -40.1% |
| Remuneration and social security | 454/9 | €235,706 | €259,950 | +€24,244 | +10.3% |
| Other amounts payable | 47/48 | €0 | €463,694 | +€463,694 | |
| Accrued charges and deferred income | 492/3 | €44,116 | €22,083 | -€22,034 | -49.9% |
| Remuneration, social security and pensions | 62 | €1,234,045 | €1,405,283 | +€171,238 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235,471 | €297,423 | +€61,952 | +26.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €433 | €0 | -€433 | -100.0% |
| Other operating charges | 640/8 | €43,153 | €41,747 | -€1,405 | -3.3% |
| Non-recurring operating charges | 66A | - | €67,668 | +€67,668 | |
| Gross operating margin | 9900 | €927,562 | €1,277,683 | +€350,122 | +37.7% |
| Operating profit (loss) | 9901 | -€585,541 | -€534,438 | +€51,103 | +8.7% |
| Financial income | 75/76B | €4,434 | €1,910 | -€2,523 | -56.9% |
| Recurring financial income | 75 | €4,434 | €1,910 | -€2,523 | -56.9% |
| Financial charges | 65/66B | €104,063 | €103,523 | -€540 | -0.5% |
| Recurring financial charges | 65 | €104,063 | €103,523 | -€540 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€685,170 | -€636,051 | +€49,119 | +7.2% |
| Income taxes | 67/77 | €492 | €410 | -€82 | -16.7% |
| Profit (loss) for the period | 9904 | -€685,662 | -€636,461 | +€49,201 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€685,662 | -€636,461 | +€49,201 | +7.2% |
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 11 October 2026 via checked.be.