FUN ZUID: 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.
FUN ZUID
Largest movements
- Receivables within one year +€3,050
up €3,050 (+515%), from €592 to €3,642
of which Other amounts receivable: +€3,050
- Cash -€1,461
down €1,461 (-33.0%), from €4,431 to €2,970
mainly Trade debts (-€759,002) and Receivables within one year (-€3,050)
- Trade debts -€759,002
down €759,002 (-94.5%), from €803,332 to €44,330
- Debts after one year +€647,238
new in 2022: €647,238
- Profit (loss) carried forward +€68,817
up €68,817 (+6.2%), from -€1.1m to -€1.0m
- Other debts +€23,335
up €23,335 (+126%), from €18,459 to €41,794
- Tax, wage and social debts +€21,202
up €21,202 (+9.0%), from €235,276 to €256,478
of which Taxes: +€15,550
- Turnover -€1.5m
no longer reported in 2022 (was €1.5m)
- Purchases and services -€191,950
no longer reported in 2022 (was €191,950)
- Staff costs +€75,449
up €75,449 (+6.6%), from €1.1m to €1.2m
- Gross operating margin -€67,586
down €67,586 (-4.9%), from €1.4m to €1.3m
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,023 | €6,612 | +€1,589 | +31.6% |
| Current assets | 29/58 | €5,023 | €6,612 | +€1,589 | +31.6% |
| Amounts receivable within one year | 40/41 | €592 | €3,642 | +€3,050 | +515% |
| Trade receivables | 40 | - | €0 | +€0 | |
| Other amounts receivable | 41 | €592 | €3,642 | +€3,050 | +515% |
| Cash at bank and in hand | 54/58 | €4,431 | €2,970 | -€1,461 | -33.0% |
| Total equity and liabilities | 10/49 | €5,023 | €6,612 | +€1,589 | +31.6% |
| Equity | 10/15 | -€1,052,044 | -€983,227 | +€68,817 | +6.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €740 | €740 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €740 | €740 | -€0 | 0.0% |
| Legal reserve | 130 | €740 | €740 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€1,114,284 | -€1,045,467 | +€68,817 | +6.2% |
| Amounts payable | 17/49 | €1,057,067 | €989,839 | -€67,228 | -6.4% |
| Amounts payable after more than one year | 17 | - | €647,238 | +€647,238 | |
| Trade debts | 175 | - | €647,238 | +€647,238 | |
| Amounts payable within one year | 42/48 | €1,057,067 | €342,601 | -€714,466 | -67.6% |
| Trade debts | 44 | €803,332 | €44,330 | -€759,002 | -94.5% |
| Suppliers | 440/4 | €803,332 | €44,330 | -€759,002 | -94.5% |
| Taxes, remuneration and social security | 45 | €235,276 | €256,478 | +€21,202 | +9.0% |
| Taxes | 450/3 | €62,779 | €78,329 | +€15,550 | +24.8% |
| Remuneration and social security | 454/9 | €172,497 | €178,148 | +€5,651 | +3.3% |
| Other amounts payable | 47/48 | €18,459 | €41,794 | +€23,335 | +126% |
| Turnover | 70 | €1,504,024 | - | -€1.5m | |
| Non-recurring operating income | 76A | €15,720 | - | -€15,720 | |
| Goods, raw materials, services and sundry goods | 60/61 | €191,950 | - | -€191,950 | |
| Remuneration, social security and pensions | 62 | €1,143,548 | €1,218,997 | +€75,449 | +6.6% |
| Other operating charges | 640/8 | €654 | €3,817 | +€3,163 | +484% |
| Gross operating margin | 9900 | €1,387,362 | €1,319,776 | -€67,586 | -4.9% |
| Operating profit (loss) | 9901 | €243,160 | €96,963 | -€146,197 | -60.1% |
| Financial income | 75/76B | €81 | - | -€81 | |
| Recurring financial income | 75 | €81 | - | -€81 | |
| Financial charges | 65/66B | €17,366 | €27,471 | +€10,105 | +58.2% |
| Recurring financial charges | 65 | €17,366 | €27,471 | +€10,105 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | €225,875 | €69,492 | -€156,383 | -69.2% |
| Income taxes | 67/77 | €654 | €675 | +€21 | +3.2% |
| Profit (loss) for the period | 9904 | €225,221 | €68,817 | -€156,404 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €225,221 | €68,817 | -€156,404 | -69.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.