FUNANDER: 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
FUNANDER
NACE 96.301, Funeral services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€46,032
2024 · €22,397-€68,429
Equity
€421,338
2024 · €487,369-€66,032
Cash
€224,660
2024 · €182,111+€42,549
Balance sheet total
€1.7m
2024 · €1.7m-€674
Largest movements
Assets
- Cash +€42,549
up €42,549 (+23.4%), from €182,111 to €224,660
mainly Advances received (+€74,254) and Depreciation (+€68,811)
- Tangible fixed assets -€33,728
down €33,728 (-2.7%), from €1.3m to €1.2m
of which Land and buildings: -€46,243
Equity and liabilities
- Advances received +€74,254
up €74,254 (+11.0%), from €672,874 to €747,129
- Profit (loss) carried forward -€66,032
down €66,032 (-18.5%), from €357,569 to €291,538
- Debts after one year -€30,089
down €30,089 (-12.2%), from €246,374 to €216,285
Income statement
- Staff costs +€74,595
up €74,595 (+31.8%), from €234,831 to €309,426
- Gross operating margin +€14,812
up €14,812 (+4.2%), from €353,564 to €368,376
- Purchases and services -€13,964
down €13,964 (-2.1%), from €652,049 to €638,085
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
€22,397
Gross operating margin
+€14,812
Staff costs
-€74,595
Depreciation
+€1,210
Other operating charges
-€1,260
Financial income
-€8,535
Financial charges
-€558
Taxes
+€498
Result 2025
-€46,032
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
+€130,046
Investment
-€35,082
Financing
-€52,415
Cash 2024
€182,111
From operations (derived)
+€130,046
Net result for the year
-€46,032
Depreciation
+€68,811
Stocks and contracts
+€16,681
Receivables within one year
-€7,187
Trade debts
+€7,576
Tax, wage and social debts
+€7,654
Advances received
+€74,254
Other debts
+€8,608
Accrued charges and deferred income
-€320
Investment (derived)
-€35,082
Investment in fixed assets (net)
-€35,082
Financing
-€52,415
Debts after one year
-€30,089
Current portion of long-term debt
-€2,326
Contributions, distributions and other
-€20,000
Cash 2025
€224,660
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,697,084 | €1,696,410 | -€674 | 0.0% |
| Fixed assets | 21/28 | €1,345,032 | €1,311,303 | -€33,728 | -2.5% |
| Tangible fixed assets | 22/27 | €1,261,857 | €1,228,129 | -€33,728 | -2.7% |
| Land and buildings | 22 | €1,201,486 | €1,155,243 | -€46,243 | -3.8% |
| Plant, machinery and equipment | 23 | €27,160 | €29,528 | +€2,368 | +8.7% |
| Furniture and vehicles | 24 | €33,211 | €43,358 | +€10,147 | +30.6% |
| Financial fixed assets | 28 | €83,174 | €83,174 | = | 0.0% |
| Current assets | 29/58 | €352,053 | €385,107 | +€33,054 | +9.4% |
| Stocks and contracts in progress | 3 | €136,210 | €119,529 | -€16,681 | -12.2% |
| Stocks | 30/36 | €136,210 | €119,529 | -€16,681 | -12.2% |
| Amounts receivable within one year | 40/41 | €33,732 | €40,919 | +€7,187 | +21.3% |
| Trade receivables | 40 | €28,680 | €24,775 | -€3,905 | -13.6% |
| Other amounts receivable | 41 | €5,052 | €16,144 | +€11,092 | +219.6% |
| Cash at bank and in hand | 54/58 | €182,111 | €224,660 | +€42,549 | +23.4% |
| Total equity and liabilities | 10/49 | €1,697,084 | €1,696,410 | -€674 | 0.0% |
| Equity | 10/15 | €487,369 | €421,338 | -€66,032 | -13.5% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Capital | 10 | €118,000 | €118,000 | = | 0.0% |
| Issued capital | 100 | €118,000 | €118,000 | = | 0.0% |
| Reserves | 13 | €11,800 | €11,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,800 | €11,800 | = | 0.0% |
| Legal reserve | 130 | €11,800 | €11,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €357,569 | €291,538 | -€66,032 | -18.5% |
| Amounts payable | 17/49 | €1,209,715 | €1,275,073 | +€65,358 | +5.4% |
| Amounts payable after more than one year | 17 | €246,374 | €216,285 | -€30,089 | -12.2% |
| Financial debts | 170/4 | €246,374 | €216,285 | -€30,089 | -12.2% |
| Amounts payable within one year | 42/48 | €952,355 | €1,048,122 | +€95,767 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €32,415 | €30,089 | -€2,326 | -7.2% |
| Trade debts | 44 | €46,039 | €53,615 | +€7,576 | +16.5% |
| Suppliers | 440/4 | €46,039 | €53,615 | +€7,576 | +16.5% |
| Advances received on contracts in progress | 46 | €672,874 | €747,129 | +€74,254 | +11.0% |
| Taxes, remuneration and social security | 45 | €13,062 | €20,716 | +€7,654 | +58.6% |
| Taxes | 450/3 | €783 | €2,104 | +€1,320 | +168.5% |
| Remuneration and social security | 454/9 | €12,279 | €18,613 | +€6,334 | +51.6% |
| Other amounts payable | 47/48 | €187,965 | €196,573 | +€8,608 | +4.6% |
| Accrued charges and deferred income | 492/3 | €10,986 | €10,666 | -€320 | -2.9% |
| Turnover | 70 | €1,005,614 | €1,006,462 | +€848 | +0.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €652,049 | €638,085 | -€13,964 | -2.1% |
| Remuneration, social security and pensions | 62 | €234,831 | €309,426 | +€74,595 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,021 | €68,811 | -€1,210 | -1.7% |
| Other operating charges | 640/8 | €26,760 | €28,020 | +€1,260 | +4.7% |
| Gross operating margin | 9900 | €353,564 | €368,376 | +€14,812 | +4.2% |
| Operating profit (loss) | 9901 | €21,952 | -€37,881 | -€59,833 | |
| Financial income | 75/76B | €15,020 | €6,484 | -€8,535 | -56.8% |
| Recurring financial income | 75 | €2,563 | €477 | -€2,085 | -81.4% |
| Non-recurring financial income | 76B | €12,457 | €6,007 | -€6,450 | -51.8% |
| Financial charges | 65/66B | €14,077 | €14,635 | +€558 | +4.0% |
| Recurring financial charges | 65 | €14,077 | €13,135 | -€942 | -6.7% |
| Non-recurring financial charges | 66B | - | €1,500 | +€1,500 | |
| Profit (loss) for the period before taxes | 9903 | €22,894 | -€46,032 | -€68,926 | |
| Income taxes | 67/77 | €498 | - | -€498 | |
| Profit (loss) for the period | 9904 | €22,397 | -€46,032 | -€68,429 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,397 | -€46,032 | -€68,429 |
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 3 October 2026 via checked.be.