Fundaris: 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.
Fundaris
Largest movements
- Tangible fixed assets -€11,104
down €11,104 (-5.4%), from €206,792 to €195,688
of which Land and buildings: -€10,381
- Cash +€8,774
up €8,774 (+19.7%), from €44,497 to €53,271
mainly Depreciation (+€11,104) and Net result for the year (+€1,023)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,266
down €3,266 (-18.8%), from €17,374 to €14,108
- Taxes +€673
up €673 (+57.0%), from €1,181 to €1,854
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 | €251,367 | €249,392 | -€1,975 | -0.8% |
| Fixed assets | 21/28 | €206,792 | €195,688 | -€11,104 | -5.4% |
| Tangible fixed assets | 22/27 | €206,792 | €195,688 | -€11,104 | -5.4% |
| Land and buildings | 22 | €204,395 | €194,014 | -€10,381 | -5.1% |
| Plant, machinery and equipment | 23 | €1,461 | €1,050 | -€411 | -28.1% |
| Other tangible fixed assets | 26 | €937 | €624 | -€312 | -33.3% |
| Current assets | 29/58 | €44,575 | €53,704 | +€9,129 | +20.5% |
| Amounts receivable within one year | 40/41 | €78 | €433 | +€355 | +456% |
| Trade receivables | 40 | €78 | €433 | +€355 | +456% |
| Cash at bank and in hand | 54/58 | €44,497 | €53,271 | +€8,774 | +19.7% |
| Total equity and liabilities | 10/49 | €251,367 | €249,392 | -€1,975 | -0.8% |
| Equity | 10/15 | €211,365 | €212,389 | +€1,023 | +0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €192,773 | €193,796 | +€1,023 | +0.5% |
| Tax-exempt reserves | 132 | €115,197 | €108,375 | -€6,822 | -5.9% |
| Distributable reserves | 133 | €77,576 | €85,421 | +€7,845 | +10.1% |
| Provisions and deferred taxes | 16 | €38,399 | €36,125 | -€2,274 | -5.9% |
| Deferred taxes | 168 | €38,399 | €36,125 | -€2,274 | -5.9% |
| Amounts payable | 17/49 | €1,602 | €878 | -€724 | -45.2% |
| Amounts payable within one year | 42/48 | €1,352 | €878 | -€473 | -35.0% |
| Trade debts | 44 | €75 | €595 | +€520 | +693% |
| Suppliers | 440/4 | €75 | €595 | +€520 | +693% |
| Taxes, remuneration and social security | 45 | €1,127 | €127 | -€999 | -88.7% |
| Taxes | 450/3 | €1,127 | €127 | -€999 | -88.7% |
| Other amounts payable | 47/48 | €150 | €156 | +€6 | +4.1% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,104 | €11,104 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,487 | €2,584 | +€97 | +3.9% |
| Gross operating margin | 9900 | €17,374 | €14,108 | -€3,266 | -18.8% |
| Operating profit (loss) | 9901 | €3,784 | €420 | -€3,363 | -88.9% |
| Financial income | 75/76B | €179 | €255 | +€75 | +42.0% |
| Recurring financial income | 75 | €179 | €255 | +€75 | +42.0% |
| Financial charges | 65/66B | €72 | €72 | = | 0.0% |
| Recurring financial charges | 65 | €72 | €72 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €3,891 | €603 | -€3,288 | -84.5% |
| Transfer from deferred taxes | 780 | €2,274 | €2,274 | = | 0.0% |
| Income taxes | 67/77 | €1,181 | €1,854 | +€673 | +57.0% |
| Profit (loss) for the period | 9904 | €4,984 | €1,023 | -€3,961 | -79.5% |
| Transfer from tax-exempt reserves | 789 | €6,822 | €6,822 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,807 | €7,845 | -€3,961 | -33.6% |
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 20 October 2026 via checked.be.