Fundahold: 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.
Fundahold
Largest movements
- Receivables within one year -€71,395
down €71,395 (-79.3%), from €90,014 to €18,619
of which Other amounts receivable: -€73,960
- Cash -€41,135
down €41,135 (-53.7%), from €76,581 to €35,446
mainly Contributions, distributions and other (-€136,823) and Other debts (-€121,039)
- Other debts -€121,039
down €121,039 (-51.9%), from €233,155 to €112,117
- Tax, wage and social debts +€7,420
up €7,420 (+50.3%), from €14,744 to €22,164
- Trade debts -€2,729
down €2,729 (-98.7%), from €2,764 to €35
- Gross operating margin +€5,276
up €5,276 (+2.8%), from €186,712 to €191,988
- Other operating charges -€3,743
down €3,743 (-30.5%), from €12,255 to €8,511
- Taxes +€2,309
up €2,309 (+5.3%), from €43,734 to €46,043
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 | €269,263 | €153,935 | -€115,328 | -42.8% |
| Fixed assets | 21/28 | €310 | €0 | -€310 | -100% |
| Tangible fixed assets | 22/27 | €310 | €0 | -€310 | -100% |
| Furniture and vehicles | 24 | €310 | €0 | -€310 | -100% |
| Current assets | 29/58 | €268,953 | €153,935 | -€115,018 | -42.8% |
| Stocks and contracts in progress | 3 | €102,294 | €99,804 | -€2,490 | -2.4% |
| Stocks | 30/36 | €102,294 | €99,804 | -€2,490 | -2.4% |
| Amounts receivable within one year | 40/41 | €90,014 | €18,619 | -€71,395 | -79.3% |
| Trade receivables | 40 | €15,084 | €17,649 | +€2,566 | +17.0% |
| Other amounts receivable | 41 | €74,930 | €970 | -€73,960 | -98.7% |
| Cash at bank and in hand | 54/58 | €76,581 | €35,446 | -€41,135 | -53.7% |
| Deferred charges and accrued income | 490/1 | €64 | €67 | +€2 | +3.9% |
| Total equity and liabilities | 10/49 | €269,263 | €153,935 | -€115,328 | -42.8% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €250,663 | €135,335 | -€115,328 | -46.0% |
| Amounts payable within one year | 42/48 | €250,663 | €134,315 | -€116,348 | -46.4% |
| Trade debts | 44 | €2,764 | €35 | -€2,729 | -98.7% |
| Suppliers | 440/4 | €2,764 | €35 | -€2,729 | -98.7% |
| Taxes, remuneration and social security | 45 | €14,744 | €22,164 | +€7,420 | +50.3% |
| Taxes | 450/3 | €14,744 | €22,164 | +€7,420 | +50.3% |
| Other amounts payable | 47/48 | €233,155 | €112,117 | -€121,039 | -51.9% |
| Accrued charges and deferred income | 492/3 | - | €1,020 | +€1,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €457 | €310 | -€146 | -32.1% |
| Other operating charges | 640/8 | €12,255 | €8,511 | -€3,743 | -30.5% |
| Gross operating margin | 9900 | €186,712 | €191,988 | +€5,276 | +2.8% |
| Operating profit (loss) | 9901 | €174,000 | €183,166 | +€9,166 | +5.3% |
| Financial charges | 65/66B | €300 | €300 | = | 0.0% |
| Recurring financial charges | 65 | €300 | €300 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €173,700 | €182,866 | +€9,166 | +5.3% |
| Income taxes | 67/77 | €43,734 | €46,043 | +€2,309 | +5.3% |
| Profit (loss) for the period | 9904 | €129,966 | €136,823 | +€6,857 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €129,966 | €136,823 | +€6,857 | +5.3% |
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 15 October 2026 via checked.be.