funéHORECA: 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.
funéHORECA
Largest movements
- Receivables within one year +€17,278
up €17,278 (+185.1%), from €9,337 to €26,615
of which Trade receivables: +€17,272
- Tangible fixed assets -€3,682
down €3,682 (-33.3%), from €11,060 to €7,379
- Deferred charges and accrued income -€3,085
down €3,085 (-99.6%), from €3,098 to €12
- Cash -€2,405
down €2,405 (-25.5%), from €9,425 to €7,020
mainly Receivables within one year (-€17,278) and Tax, wage and social debts (-€5,086)
- Tax, wage and social debts -€5,086
down €5,086 (-31.5%), from €16,165 to €11,079
of which Remuneration and social security: -€3,802
- Reserves +€4,953
up €4,953 (+41.1%), from €12,053 to €17,006
- Profit (loss) carried forward +€4,492
up €4,492, from -€4,492 to €0
- Trade debts +€3,784
up €3,784 (+49.5%), from €7,638 to €11,421
- Staff costs -€20,189
down €20,189 (-20.7%), from €97,496 to €77,307
- Gross operating margin -€3,281
down €3,281 (-3.4%), from €97,025 to €93,744
- Taxes +€2,993
new in 2025: €2,993
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 | €32,919 | €41,026 | +€8,107 | +24.6% |
| Fixed assets | 21/28 | €11,060 | €7,379 | -€3,682 | -33.3% |
| Tangible fixed assets | 22/27 | €11,060 | €7,379 | -€3,682 | -33.3% |
| Furniture and vehicles | 24 | €11,060 | €7,379 | -€3,682 | -33.3% |
| Current assets | 29/58 | €21,859 | €33,647 | +€11,788 | +53.9% |
| Amounts receivable within one year | 40/41 | €9,337 | €26,615 | +€17,278 | +185.1% |
| Trade receivables | 40 | €9,337 | €26,608 | +€17,272 | +185.0% |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €9,425 | €7,020 | -€2,405 | -25.5% |
| Deferred charges and accrued income | 490/1 | €3,098 | €12 | -€3,085 | -99.6% |
| Total equity and liabilities | 10/49 | €32,919 | €41,026 | +€8,107 | +24.6% |
| Equity | 10/15 | €7,561 | €17,006 | +€9,445 | +124.9% |
| Reserves | 13 | €12,053 | €17,006 | +€4,953 | +41.1% |
| Distributable reserves | 133 | €12,053 | €17,006 | +€4,953 | +41.1% |
| Profit (loss) carried forward | 14 | -€4,492 | €0 | +€4,492 | |
| Amounts payable | 17/49 | €25,358 | €24,020 | -€1,338 | -5.3% |
| Amounts payable within one year | 42/48 | €23,820 | €22,520 | -€1,300 | -5.5% |
| Trade debts | 44 | €7,638 | €11,421 | +€3,784 | +49.5% |
| Suppliers | 440/4 | €7,638 | €11,421 | +€3,784 | +49.5% |
| Taxes, remuneration and social security | 45 | €16,165 | €11,079 | -€5,086 | -31.5% |
| Taxes | 450/3 | €6,253 | €4,969 | -€1,284 | -20.5% |
| Remuneration and social security | 454/9 | €9,912 | €6,110 | -€3,802 | -38.4% |
| Other amounts payable | 47/48 | €17 | €19 | +€2 | +11.4% |
| Accrued charges and deferred income | 492/3 | €1,538 | €1,500 | -€38 | -2.5% |
| Remuneration, social security and pensions | 62 | €97,496 | €77,307 | -€20,189 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,666 | €3,682 | +€16 | +0.4% |
| Other operating charges | 640/8 | €313 | €320 | +€6 | +2.0% |
| Gross operating margin | 9900 | €97,025 | €93,744 | -€3,281 | -3.4% |
| Operating profit (loss) | 9901 | -€4,450 | €12,435 | +€16,886 | |
| Financial income | 75/76B | €0 | €49 | +€49 | +121725.0% |
| Recurring financial income | 75 | €0 | €49 | +€49 | +121725.0% |
| Financial charges | 65/66B | €42 | €46 | +€4 | +9.0% |
| Recurring financial charges | 65 | €42 | €46 | +€4 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,492 | €12,438 | +€16,930 | |
| Income taxes | 67/77 | - | €2,993 | +€2,993 | |
| Profit (loss) for the period | 9904 | -€4,492 | €9,445 | +€13,937 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,492 | €9,445 | +€13,937 |
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 1 October 2026 via checked.be.