FUNEBRA-VALENTIN: 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.
FUNEBRA-VALENTIN
Largest movements
- Receivables within one year -€2,038
down €2,038 (-2.3%), from €88,087 to €86,049
of which Other amounts receivable: -€2,038
- Tax, wage and social debts -€1,062
down €1,062 (-100.0%), from €1,062 to €0
- Reserves -€1,043
down €1,043 (-1.5%), from €67,905 to €66,861
of which Distributable reserves: -€1,043
- Gross operating margin -€6,119
down €6,119, from €5,936 to -€183
- Financial charges +€339
up €339, from €0 to €339
- Other operating charges +€110
up €110 (+20.1%), from €548 to €658
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,173 | €86,159 | -€2,014 | -2.3% |
| Current assets | 29/58 | €88,173 | €86,159 | -€2,014 | -2.3% |
| Amounts receivable within one year | 40/41 | €88,087 | €86,049 | -€2,038 | -2.3% |
| Trade receivables | 40 | €25,023 | €25,023 | = | 0.0% |
| Other amounts receivable | 41 | €63,064 | €61,026 | -€2,038 | -3.2% |
| Cash at bank and in hand | 54/58 | €86 | €110 | +€24 | +27.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €88,173 | €86,159 | -€2,014 | -2.3% |
| Equity | 10/15 | €86,505 | €85,461 | -€1,043 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,905 | €66,861 | -€1,043 | -1.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €47,295 | €46,251 | -€1,043 | -2.2% |
| Amounts payable | 17/49 | €1,669 | €698 | -€971 | -58.2% |
| Amounts payable within one year | 42/48 | €1,161 | €99 | -€1,062 | -91.4% |
| Taxes, remuneration and social security | 45 | €1,062 | €0 | -€1,062 | -100.0% |
| Taxes | 450/3 | €1,062 | €0 | -€1,062 | -100.0% |
| Other amounts payable | 47/48 | €99 | €99 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €507 | €599 | +€91 | +18.0% |
| Other operating charges | 640/8 | €548 | €658 | +€110 | +20.1% |
| Gross operating margin | 9900 | €5,936 | -€183 | -€6,119 | |
| Operating profit (loss) | 9901 | €5,389 | -€840 | -€6,229 | |
| Financial income | 75/76B | €172 | €136 | -€36 | -20.7% |
| Recurring financial income | 75 | €172 | €136 | -€36 | -20.7% |
| Financial charges | 65/66B | €0 | €339 | +€339 | |
| Recurring financial charges | 65 | €0 | €339 | +€339 | |
| Profit (loss) for the period before taxes | 9903 | €5,560 | -€1,043 | -€6,604 | |
| Profit (loss) for the period | 9904 | €5,560 | -€1,043 | -€6,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,560 | -€1,043 | -€6,604 |
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 4 October 2026 via checked.be.