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Fun2play: 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.

What changed

Fun2play

BE 0446.241.273
NACE 92.000, Gambling and betting activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€69,672
2023 · €157,675-€88,004
Equity
€439,824
2023 · €370,152+€69,672
Cash
€39,767
2023 · €10,634+€29,133
Balance sheet total
€690,335
2023 · €787,167-€96,832

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€82,645

    down €82,645 (-13.6%), from €607,095 to €524,450

    of which Other tangible fixed assets: -€79,267

  • Receivables within one year -€41,461

    down €41,461 (-51.2%), from €81,016 to €39,555

  • Cash +€29,133

    up €29,133 (+274.0%), from €10,634 to €39,767

    mainly Depreciation (+€84,460) and Current portion of long-term debt (+€75,000)

Equity and liabilities
  • Short-term financial debts -€250,000

    down €250,000 (-61.0%), from €410,000 to €160,000

  • Current portion of long-term debt +€75,000

    new in 2024: €75,000

  • Profit (loss) carried forward +€69,672

    up €69,672 (+4.9%), from -€1.4m to -€1.3m

  • Trade debts +€8,496

    up €8,496 (+121.1%), from €7,015 to €15,511

Income statement
  • Gross operating margin -€96,900

    down €96,900 (-35.5%), from €272,973 to €176,073

  • Financial charges -€5,410

    down €5,410 (-40.3%), from €13,417 to €8,007

  • Other operating charges -€4,674

    down €4,674 (-29.9%), from €15,625 to €10,951

From the 2023 result to the 2024 result

effect on the 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 2023 €157,675
Gross operating margin -€96,900
Staff costs -€2,218
Depreciation +€756
Other operating charges +€4,674
Financial income +€274
Financial charges +€5,410
Result 2024 €69,672

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€204,133
Investment €0
Financing -€175,000
Cash 2023 €10,634
Net result for the year +€69,672
Depreciation +€84,460
Receivables within one year +€41,461
Deferred charges and accrued income +€44
Trade debts +€8,496
Current portion of long-term debt +€75,000
Short-term financial debts -€250,000
Cash 2024 €39,767
Every line side by side 48 lines
Line Code 2023 2024 Change %
Total assets 20/58 €787,167 €690,335 -€96,832 -12.3%
Fixed assets 21/28 €694,314 €609,854 -€84,460 -12.2%
Intangible fixed assets 21 €12,219 €10,404 -€1,815 -14.9%
Tangible fixed assets 22/27 €607,095 €524,450 -€82,645 -13.6%
Plant, machinery and equipment 23 - €0 =
Furniture and vehicles 24 €25,462 €22,084 -€3,379 -13.3%
Other tangible fixed assets 26 €581,633 €502,366 -€79,267 -13.6%
Financial fixed assets 28 €75,000 €75,000 = 0.0%
Current assets 29/58 €92,853 €80,481 -€12,372 -13.3%
Amounts receivable within one year 40/41 €81,016 €39,555 -€41,461 -51.2%
Trade receivables 40 €81,016 €39,555 -€41,461 -51.2%
Cash at bank and in hand 54/58 €10,634 €39,767 +€29,133 +274.0%
Deferred charges and accrued income 490/1 €1,202 €1,158 -€44 -3.6%
Total equity and liabilities 10/49 €787,167 €690,335 -€96,832 -12.3%
Equity 10/15 €370,152 €439,824 +€69,672 +18.8%
Contributions 10/11 €1,785,911 €1,785,911 = 0.0%
Capital 10 €1,153,753 €1,153,753 = 0.0%
Issued capital 100 €1,153,753 €1,153,753 = 0.0%
Outside capital 11 €632,158 €632,158 = 0.0%
Share premium 1100/10 €102,158 €102,158 = 0.0%
Other 1109/19 €530,000 €530,000 = 0.0%
Reserves 13 €1,280 €1,280 = 0.0%
Non-distributable reserves 130/1 €187 €187 = 0.0%
Legal reserve 130 €187 - -€187
Reserves not available under the articles 1311 - €187 +€187
Tax-exempt reserves 132 €1,092 €1,092 = 0.0%
Distributable reserves 133 €1 €1 = 0.0%
Profit (loss) carried forward 14 -€1,417,039 -€1,347,367 +€69,672 +4.9%
Amounts payable 17/49 €417,015 €250,511 -€166,504 -39.9%
Amounts payable within one year 42/48 €417,015 €250,511 -€166,504 -39.9%
Current portion of amounts payable after more than one year 42 - €75,000 +€75,000
Financial debts 43 €410,000 €160,000 -€250,000 -61.0%
Other loans 439 €410,000 €160,000 -€250,000 -61.0%
Trade debts 44 €7,015 €15,511 +€8,496 +121.1%
Suppliers 440/4 €7,015 €15,511 +€8,496 +121.1%
Non-recurring operating income 76A €6,454 - -€6,454
Remuneration, social security and pensions 62 €1,040 €3,258 +€2,218 +213.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €85,216 €84,460 -€756 -0.9%
Other operating charges 640/8 €15,625 €10,951 -€4,674 -29.9%
Gross operating margin 9900 €272,973 €176,073 -€96,900 -35.5%
Operating profit (loss) 9901 €171,093 €77,404 -€93,688 -54.8%
Financial income 75/76B - €274 +€274
Recurring financial income 75 - €274 +€274
Financial charges 65/66B €13,417 €8,007 -€5,410 -40.3%
Recurring financial charges 65 €13,417 €8,007 -€5,410 -40.3%
Profit (loss) for the period before taxes 9903 €157,675 €69,672 -€88,004 -55.8%
Profit (loss) for the period 9904 €157,675 €69,672 -€88,004 -55.8%
Profit (loss) for the period to be appropriated 9905 €157,675 €69,672 -€88,004 -55.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.