FUN-OXYGEN: 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-OXYGEN
Largest movements
- Tangible fixed assets -€16,417
down €16,417 (-4.1%), from €401,089 to €384,671
of which Other tangible fixed assets: -€12,336
- Receivables within one year +€7,092
up €7,092 (+25.5%), from €27,772 to €34,864
of which Other amounts receivable: +€10,732
- Trade debts -€14,919
down €14,919 (-61.9%), from €24,121 to €9,202
- Tax, wage and social debts -€10,379
down €10,379 (-36.6%), from €28,380 to €18,001
of which Remuneration and social security: -€9,691
- Current portion of long-term debt +€6,764
up €6,764 (+22.5%), from €30,007 to €36,771
- Other operating charges +€22,317
up €22,317 (+2891.5%), from €772 to €23,089
- Staff costs -€15,245
down €15,245 (-19.2%), from €79,586 to €64,342
- Gross operating margin +€6,033
up €6,033 (+4.4%), from €136,175 to €142,208
- Financial charges +€3,764
up €3,764 (+43.8%), from €8,598 to €12,363
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 | €480,954 | €467,283 | -€13,671 | -2.8% |
| Fixed assets | 21/28 | €401,165 | €384,671 | -€16,493 | -4.1% |
| Tangible fixed assets | 22/27 | €401,089 | €384,671 | -€16,417 | -4.1% |
| Plant, machinery and equipment | 23 | €12,656 | €9,082 | -€3,574 | -28.2% |
| Furniture and vehicles | 24 | €507 | €0 | -€507 | -100.0% |
| Other tangible fixed assets | 26 | €387,925 | €375,590 | -€12,336 | -3.2% |
| Financial fixed assets | 28 | €76 | - | -€76 | |
| Current assets | 29/58 | €79,789 | €82,611 | +€2,822 | +3.5% |
| Amounts receivable within one year | 40/41 | €27,772 | €34,864 | +€7,092 | +25.5% |
| Trade receivables | 40 | €5,437 | €1,797 | -€3,640 | -66.9% |
| Other amounts receivable | 41 | €22,335 | €33,067 | +€10,732 | +48.1% |
| Cash at bank and in hand | 54/58 | €52,018 | €47,747 | -€4,270 | -8.2% |
| Total equity and liabilities | 10/49 | €480,954 | €467,283 | -€13,671 | -2.8% |
| Equity | 10/15 | €82,790 | €86,091 | +€3,301 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,330 | €65,631 | +€3,301 | +5.3% |
| Amounts payable | 17/49 | €398,163 | €381,192 | -€16,972 | -4.3% |
| Amounts payable after more than one year | 17 | €315,655 | €317,217 | +€1,562 | +0.5% |
| Financial debts | 170/4 | €311,815 | €313,377 | +€1,562 | +0.5% |
| Other amounts payable | 178/9 | €3,840 | €3,840 | = | 0.0% |
| Amounts payable within one year | 42/48 | €82,508 | €63,974 | -€18,534 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €30,007 | €36,771 | +€6,764 | +22.5% |
| Trade debts | 44 | €24,121 | €9,202 | -€14,919 | -61.9% |
| Suppliers | 440/4 | €24,121 | €9,202 | -€14,919 | -61.9% |
| Taxes, remuneration and social security | 45 | €28,380 | €18,001 | -€10,379 | -36.6% |
| Taxes | 450/3 | €8,248 | €7,560 | -€687 | -8.3% |
| Remuneration and social security | 454/9 | €20,132 | €10,441 | -€9,691 | -48.1% |
| Remuneration, social security and pensions | 62 | €79,586 | €64,342 | -€15,245 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,942 | €36,874 | -€68 | -0.2% |
| Other operating charges | 640/8 | €772 | €23,089 | +€22,317 | +2891.5% |
| Gross operating margin | 9900 | €136,175 | €142,208 | +€6,033 | +4.4% |
| Operating profit (loss) | 9901 | €18,875 | €17,903 | -€971 | -5.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €8,598 | €12,363 | +€3,764 | +43.8% |
| Recurring financial charges | 65 | €8,598 | €12,363 | +€3,764 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | €10,276 | €5,543 | -€4,733 | -46.1% |
| Income taxes | 67/77 | €2,195 | €2,242 | +€48 | +2.2% |
| Profit (loss) for the period | 9904 | €8,082 | €3,301 | -€4,781 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,082 | €3,301 | -€4,781 | -59.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.