FUNDICO: 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.
FUNDICO
Largest movements
- Tangible fixed assets -€14,765
down €14,765 (-29.6%), from €49,890 to €35,125
of which Furniture and vehicles: -€13,153
- Deferred charges and accrued income -€7,545
down €7,545 (-27.1%), from €27,849 to €20,304
- Debts after one year -€11,021
down €11,021 (-36.3%), from €30,339 to €19,318
- Reserves -€5,185
down €5,185 (-1.4%), from €370,574 to €365,389
- Gross operating margin -€5,552
down €5,552 (-48.2%), from €11,524 to €5,972
- Taxes -€1,066
down €1,066 (-86.6%), from €1,231 to €165
- Depreciation -€876
down €876 (-6.1%), from €14,402 to €13,527
- Financial charges -€370
down €370 (-19.5%), from €1,896 to €1,527
- Financial income -€353
down €353 (-4.4%), from €7,997 to €7,644
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 | €441,586 | €425,441 | -€16,144 | -3.7% |
| Fixed assets | 21/28 | €49,890 | €35,125 | -€14,765 | -29.6% |
| Tangible fixed assets | 22/27 | €49,890 | €35,125 | -€14,765 | -29.6% |
| Plant, machinery and equipment | 23 | €1,393 | €1,019 | -€374 | -26.8% |
| Furniture and vehicles | 24 | €47,258 | €34,105 | -€13,153 | -27.8% |
| Other tangible fixed assets | 26 | €1,239 | €0 | -€1,239 | -100% |
| Current assets | 29/58 | €391,696 | €390,317 | -€1,379 | -0.4% |
| Amounts receivable after more than one year | 29 | €249,548 | €249,548 | = | 0.0% |
| Other amounts receivable | 291 | €249,548 | €249,548 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,731 | €14,678 | +€2,946 | +25.1% |
| Trade receivables | 40 | €5,342 | €9,832 | +€4,491 | +84.1% |
| Other amounts receivable | 41 | €6,390 | €4,845 | -€1,544 | -24.2% |
| Cash at bank and in hand | 54/58 | €102,568 | €105,787 | +€3,219 | +3.1% |
| Deferred charges and accrued income | 490/1 | €27,849 | €20,304 | -€7,545 | -27.1% |
| Total equity and liabilities | 10/49 | €441,586 | €425,441 | -€16,144 | -3.7% |
| Equity | 10/15 | €389,174 | €383,989 | -€5,185 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €370,574 | €365,389 | -€5,185 | -1.4% |
| Distributable reserves | 133 | €370,574 | €365,389 | -€5,185 | -1.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,412 | €41,452 | -€10,960 | -20.9% |
| Amounts payable after more than one year | 17 | €30,339 | €19,318 | -€11,021 | -36.3% |
| Financial debts | 170/4 | €30,339 | €19,318 | -€11,021 | -36.3% |
| Amounts payable within one year | 42/48 | €21,834 | €21,990 | +€156 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €10,612 | €11,021 | +€408 | +3.8% |
| Trade debts | 44 | €2,842 | €2,040 | -€803 | -28.2% |
| Suppliers | 440/4 | €2,842 | €2,040 | -€803 | -28.2% |
| Taxes, remuneration and social security | 45 | €350 | €36 | -€314 | -89.8% |
| Taxes | 450/3 | €350 | €36 | -€314 | -89.8% |
| Other amounts payable | 47/48 | €8,029 | €8,894 | +€865 | +10.8% |
| Accrued charges and deferred income | 492/3 | €239 | €144 | -€95 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,402 | €13,527 | -€876 | -6.1% |
| Other operating charges | 640/8 | €862 | €678 | -€184 | -21.4% |
| Non-recurring operating charges | 66A | - | €1,239 | +€1,239 | |
| Gross operating margin | 9900 | €11,524 | €5,972 | -€5,552 | -48.2% |
| Operating profit (loss) | 9901 | -€3,741 | -€9,471 | -€5,730 | -153% |
| Financial income | 75/76B | €7,997 | €7,644 | -€353 | -4.4% |
| Recurring financial income | 75 | €7,997 | €7,644 | -€353 | -4.4% |
| Financial charges | 65/66B | €1,896 | €1,527 | -€370 | -19.5% |
| Recurring financial charges | 65 | €1,896 | €1,527 | -€370 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €2,360 | -€3,354 | -€5,714 | |
| Income taxes | 67/77 | €1,231 | €165 | -€1,066 | -86.6% |
| Profit (loss) for the period | 9904 | €1,129 | -€3,519 | -€4,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,129 | -€3,519 | -€4,648 |
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 22 October 2026 via checked.be.