Funadmin: 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.
Funadmin
Largest movements
- Cash +€17,686
up €17,686 (+128%), from €13,832 to €31,518
mainly Other debts (+€32,109) and Net result for the year (+€15,308)
- Receivables within one year +€5,621
up €5,621 (+179%), from €3,138 to €8,759
of which Trade receivables: +€5,881
- Tangible fixed assets -€5,305
down €5,305 (-51.8%), from €10,250 to €4,944
- Other debts +€32,109
up €32,109 (+424%), from €7,577 to €39,687
- Profit (loss) carried forward -€22,620
no longer reported in 2025 (was €22,620)
- Tax, wage and social debts +€10,166
up €10,166 (+611%), from €1,664 to €11,829
- Current portion of long-term debt -€3,465
no longer reported in 2025 (was €3,465)
- Trade debts +€1,440
up €1,440 (+174%), from €828 to €2,268
- Gross operating margin +€13,078
up €13,078 (+94.4%), from €13,847 to €26,925
- Taxes +€2,679
up €2,679 (+97.8%), from €2,740 to €5,419
- Depreciation -€359
down €359 (-6.3%), from €5,665 to €5,305
- Financial income +€332
up €332 (+340%), from €98 to €430
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.
Derived cash bridge
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 | €38,654 | €56,284 | +€17,630 | +45.6% |
| Fixed assets | 21/28 | €10,250 | €4,944 | -€5,305 | -51.8% |
| Tangible fixed assets | 22/27 | €10,250 | €4,944 | -€5,305 | -51.8% |
| Furniture and vehicles | 24 | €10,250 | €4,944 | -€5,305 | -51.8% |
| Current assets | 29/58 | €28,404 | €51,339 | +€22,936 | +80.7% |
| Amounts receivable within one year | 40/41 | €3,138 | €8,759 | +€5,621 | +179% |
| Trade receivables | 40 | €2,878 | €8,759 | +€5,881 | +204% |
| Other amounts receivable | 41 | €260 | - | -€260 | |
| Current investments | 50/53 | €10,000 | €10,117 | +€117 | +1.2% |
| Cash at bank and in hand | 54/58 | €13,832 | €31,518 | +€17,686 | +128% |
| Deferred charges and accrued income | 490/1 | €1,433 | €945 | -€489 | -34.1% |
| Total equity and liabilities | 10/49 | €38,654 | €56,284 | +€17,630 | +45.6% |
| Equity | 10/15 | €25,120 | €2,500 | -€22,620 | -90.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,620 | - | -€22,620 | |
| Amounts payable | 17/49 | €13,534 | €53,784 | +€40,250 | +297% |
| Amounts payable within one year | 42/48 | €13,534 | €53,784 | +€40,250 | +297% |
| Current portion of amounts payable after more than one year | 42 | €3,465 | - | -€3,465 | |
| Trade debts | 44 | €828 | €2,268 | +€1,440 | +174% |
| Suppliers | 440/4 | €828 | €2,268 | +€1,440 | +174% |
| Taxes, remuneration and social security | 45 | €1,664 | €11,829 | +€10,166 | +611% |
| Taxes | 450/3 | €1,664 | €11,829 | +€10,166 | +611% |
| Other amounts payable | 47/48 | €7,577 | €39,687 | +€32,109 | +424% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,665 | €5,305 | -€359 | -6.3% |
| Other operating charges | 640/8 | €696 | €921 | +€225 | +32.4% |
| Gross operating margin | 9900 | €13,847 | €26,925 | +€13,078 | +94.4% |
| Operating profit (loss) | 9901 | €7,486 | €20,699 | +€13,212 | +176% |
| Financial income | 75/76B | €98 | €430 | +€332 | +340% |
| Recurring financial income | 75 | €98 | €430 | +€332 | +340% |
| Financial charges | 65/66B | €566 | €401 | -€165 | -29.2% |
| Recurring financial charges | 65 | €566 | €401 | -€165 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €7,018 | €20,728 | +€13,710 | +195% |
| Income taxes | 67/77 | €2,740 | €5,419 | +€2,679 | +97.8% |
| Profit (loss) for the period | 9904 | €4,277 | €15,308 | +€11,031 | +258% |
| Profit (loss) for the period to be appropriated | 9905 | €4,277 | €15,308 | +€11,031 | +258% |
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 14 October 2026 via checked.be.