FUNELA & Cie: 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.
FUNELA & Cie
Largest movements
- Receivables within one year -€207,733
down €207,733 (-50.3%), from €412,936 to €205,203
of which Other amounts receivable: -€202,167
- Cash +€132,342
up €132,342 (+5,086%), from €2,602 to €134,944
mainly Receivables within one year (+€207,733) and Net result for the year (+€200,795)
- Profit (loss) carried forward +€100,795
up €100,795 (+10.7%), from €941,346 to €1.0m
- Other debts -€84,149
down €84,149 (-30.4%), from €276,672 to €192,524
- Current portion of long-term debt -€75,182
down €75,182 (-100%), from €75,182 to €0
- Financial income -€99,962
down €99,962 (-50.0%), from €199,876 to €99,914
- Other operating charges -€6,710
down €6,710 (-73.9%), from €9,082 to €2,372
- Taxes +€3,142
up €3,142 (+11.3%), from €27,809 to €30,951
- Gross operating margin +€1,672
up €1,672 (+1.2%), from €138,792 to €140,464
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 | €1,488,691 | €1,418,932 | -€69,758 | -4.7% |
| Fixed assets | 21/28 | €1,069,029 | €1,073,294 | +€4,265 | +0.4% |
| Tangible fixed assets | 22/27 | €0 | €4,265 | +€4,265 | |
| Furniture and vehicles | 24 | €0 | €4,265 | +€4,265 | |
| Financial fixed assets | 28 | €1,069,029 | €1,069,029 | = | 0.0% |
| Current assets | 29/58 | €419,662 | €345,639 | -€74,024 | -17.6% |
| Amounts receivable within one year | 40/41 | €412,936 | €205,203 | -€207,733 | -50.3% |
| Trade receivables | 40 | €192,874 | €187,308 | -€5,566 | -2.9% |
| Other amounts receivable | 41 | €220,062 | €17,895 | -€202,167 | -91.9% |
| Cash at bank and in hand | 54/58 | €2,602 | €134,944 | +€132,342 | +5,086% |
| Deferred charges and accrued income | 490/1 | €4,124 | €5,492 | +€1,368 | +33.2% |
| Total equity and liabilities | 10/49 | €1,488,691 | €1,418,932 | -€69,758 | -4.7% |
| Equity | 10/15 | €996,346 | €1,097,141 | +€100,795 | +10.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €941,346 | €1,042,141 | +€100,795 | +10.7% |
| Amounts payable | 17/49 | €492,345 | €321,792 | -€170,553 | -34.6% |
| Amounts payable after more than one year | 17 | €107,029 | €107,029 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €107,029 | €107,029 | = | 0.0% |
| Amounts payable within one year | 42/48 | €384,403 | €211,642 | -€172,760 | -44.9% |
| Current portion of amounts payable after more than one year | 42 | €75,182 | €0 | -€75,182 | -100% |
| Trade debts | 44 | €13,532 | €1,904 | -€11,629 | -85.9% |
| Suppliers | 440/4 | €13,532 | €1,904 | -€11,629 | -85.9% |
| Taxes, remuneration and social security | 45 | €19,017 | €17,215 | -€1,802 | -9.5% |
| Taxes | 450/3 | €16,717 | €14,915 | -€1,802 | -10.8% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €276,672 | €192,524 | -€84,149 | -30.4% |
| Accrued charges and deferred income | 492/3 | €914 | €3,121 | +€2,207 | +242% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €356 | +€356 | |
| Other operating charges | 640/8 | €9,082 | €2,372 | -€6,710 | -73.9% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €138,792 | €140,464 | +€1,672 | +1.2% |
| Operating profit (loss) | 9901 | €129,710 | €137,735 | +€8,025 | +6.2% |
| Financial income | 75/76B | €199,876 | €99,914 | -€99,962 | -50.0% |
| Recurring financial income | 75 | €199,876 | €99,914 | -€99,962 | -50.0% |
| Financial charges | 65/66B | €6,998 | €5,904 | -€1,094 | -15.6% |
| Recurring financial charges | 65 | €6,998 | €5,904 | -€1,094 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €322,589 | €231,746 | -€90,843 | -28.2% |
| Income taxes | 67/77 | €27,809 | €30,951 | +€3,142 | +11.3% |
| Profit (loss) for the period | 9904 | €294,780 | €200,795 | -€93,985 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €294,780 | €200,795 | -€93,985 | -31.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.