FUNESERVICE: 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.
What changed
FUNESERVICE
NACE 96.301, Funeral services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€58,910
2024 · €88,715-€29,805
Equity
€251,374
2024 · €252,465-€1,090
Cash
€45,077
2024 · €24,671+€20,406
Balance sheet total
€1.1m
2024 · €1.1m+€27,351
Largest movements
Assets
- Receivables within one year +€57,548
up €57,548 (+30.8%), from €186,807 to €244,355
of which Other amounts receivable: +€80,761
- Tangible fixed assets -€41,561
down €41,561 (-4.8%), from €867,896 to €826,335
of which Land and buildings: -€37,561
- Cash +€20,406
up €20,406 (+82.7%), from €24,671 to €45,077
mainly Depreciation (+€66,523) and Net result for the year (+€58,910)
Equity and liabilities
- Short-term financial debts +€46,540
up €46,540 (+356.0%), from €13,074 to €59,614
- Debts after one year -€40,271
down €40,271 (-7.3%), from €549,565 to €509,294
- Trade debts +€34,343
up €34,343 (+178.6%), from €19,229 to €53,572
Income statement
- Gross operating margin -€32,981
down €32,981 (-6.8%), from €487,696 to €454,716
- Taxes -€12,804
down €12,804 (-68.7%), from €18,636 to €5,831
- Other operating charges +€11,899
up €11,899 (+89.2%), from €13,345 to €25,244
- Staff costs +€11,003
up €11,003 (+3.9%), from €280,662 to €291,665
- Write-downs -€8,514
down €8,514, from €0 to -€8,514
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.
Result 2024
€88,715
Gross operating margin
-€32,981
Staff costs
-€11,003
Depreciation
+€7,835
Write-downs
+€8,514
Other operating charges
-€11,899
Financial income
-€232
Financial charges
-€2,808
Taxes
+€12,804
Deferred taxes and other
-€35
Result 2025
€58,910
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.
From operations
+€91,372
Investment
-€24,962
Financing
-€46,004
Cash 2024
€24,671
From operations (derived)
+€91,372
Net result for the year
+€58,910
Depreciation
+€66,523
Receivables within one year
-€57,548
Deferred charges and accrued income
+€9,043
Provisions
-€1,456
Trade debts
+€34,343
Tax, wage and social debts
-€9,169
Advances received
+€2,000
Other debts
-€7,978
Accrued charges and deferred income
-€3,296
Investment (derived)
-€24,962
Investment in fixed assets (net)
-€24,962
Financing
-€46,004
Debts after one year
-€40,271
Current portion of long-term debt
+€7,727
Short-term financial debts
+€46,540
Contributions, distributions and other
-€60,000
Cash 2025
€45,077
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,089,095 | €1,116,445 | +€27,351 | +2.5% |
| Fixed assets | 21/28 | €868,574 | €827,013 | -€41,561 | -4.8% |
| Tangible fixed assets | 22/27 | €867,896 | €826,335 | -€41,561 | -4.8% |
| Land and buildings | 22 | €450,060 | €412,499 | -€37,561 | -8.3% |
| Plant, machinery and equipment | 23 | €62,519 | €50,307 | -€12,212 | -19.5% |
| Furniture and vehicles | 24 | €17,530 | €35,778 | +€18,249 | +104.1% |
| Leasing and similar rights | 25 | €74,018 | €66,378 | -€7,639 | -10.3% |
| Other tangible fixed assets | 26 | €263,769 | €261,373 | -€2,397 | -0.9% |
| Financial fixed assets | 28 | €679 | €679 | = | 0.0% |
| Current assets | 29/58 | €220,521 | €289,432 | +€68,911 | +31.2% |
| Amounts receivable within one year | 40/41 | €186,807 | €244,355 | +€57,548 | +30.8% |
| Trade receivables | 40 | €75,231 | €52,018 | -€23,213 | -30.9% |
| Other amounts receivable | 41 | €111,576 | €192,337 | +€80,761 | +72.4% |
| Cash at bank and in hand | 54/58 | €24,671 | €45,077 | +€20,406 | +82.7% |
| Deferred charges and accrued income | 490/1 | €9,043 | €0 | -€9,043 | -100.0% |
| Total equity and liabilities | 10/49 | €1,089,095 | €1,116,445 | +€27,351 | +2.5% |
| Equity | 10/15 | €252,465 | €251,374 | -€1,090 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €233,865 | €232,774 | -€1,090 | -0.5% |
| Tax-exempt reserves | 132 | €26,663 | €22,296 | -€4,367 | -16.4% |
| Distributable reserves | 133 | €207,202 | €210,478 | +€3,277 | +1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €8,888 | €7,432 | -€1,456 | -16.4% |
| Deferred taxes | 168 | €8,888 | €7,432 | -€1,456 | -16.4% |
| Amounts payable | 17/49 | €827,742 | €857,639 | +€29,896 | +3.6% |
| Amounts payable after more than one year | 17 | €549,565 | €509,294 | -€40,271 | -7.3% |
| Financial debts | 170/4 | €549,565 | €509,294 | -€40,271 | -7.3% |
| Amounts payable within one year | 42/48 | €274,778 | €348,241 | +€73,463 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €71,910 | €79,637 | +€7,727 | +10.7% |
| Financial debts | 43 | €13,074 | €59,614 | +€46,540 | +356.0% |
| Credit institutions | 430/8 | €13,074 | €59,614 | +€46,540 | +356.0% |
| Trade debts | 44 | €19,229 | €53,572 | +€34,343 | +178.6% |
| Suppliers | 440/4 | €19,229 | €53,572 | +€34,343 | +178.6% |
| Advances received on contracts in progress | 46 | - | €2,000 | +€2,000 | |
| Taxes, remuneration and social security | 45 | €83,668 | €74,498 | -€9,169 | -11.0% |
| Taxes | 450/3 | €30,948 | €26,940 | -€4,008 | -13.0% |
| Remuneration and social security | 454/9 | €52,720 | €47,559 | -€5,161 | -9.8% |
| Other amounts payable | 47/48 | €86,898 | €78,919 | -€7,978 | -9.2% |
| Accrued charges and deferred income | 492/3 | €3,400 | €105 | -€3,296 | -96.9% |
| Non-recurring operating income | 76A | - | €26,157 | +€26,157 | |
| Remuneration, social security and pensions | 62 | €280,662 | €291,665 | +€11,003 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,358 | €66,523 | -€7,835 | -10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€8,514 | -€8,514 | |
| Other operating charges | 640/8 | €13,345 | €25,244 | +€11,899 | +89.2% |
| Gross operating margin | 9900 | €487,696 | €454,716 | -€32,981 | -6.8% |
| Operating profit (loss) | 9901 | €119,332 | €79,797 | -€39,534 | -33.1% |
| Financial income | 75/76B | €4,912 | €4,680 | -€232 | -4.7% |
| Recurring financial income | 75 | €4,912 | €4,680 | -€232 | -4.7% |
| Financial charges | 65/66B | €18,385 | €21,192 | +€2,808 | +15.3% |
| Recurring financial charges | 65 | €18,385 | €21,192 | +€2,808 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €105,860 | €63,285 | -€42,574 | -40.2% |
| Transfer from deferred taxes | 780 | €1,491 | €1,456 | -€35 | -2.4% |
| Income taxes | 67/77 | €18,636 | €5,831 | -€12,804 | -68.7% |
| Profit (loss) for the period | 9904 | €88,715 | €58,910 | -€29,805 | -33.6% |
| Transfer from tax-exempt reserves | 789 | €4,472 | €4,367 | -€105 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €93,187 | €63,277 | -€29,910 | -32.1% |
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 9 October 2026 via checked.be.