FUNIMO: 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.
FUNIMO
Largest movements
- Cash +€80,344
up €80,344 (+23.2%), from €346,895 to €427,239
mainly Net result for the year (+€29,463) and Trade debts (+€26,242)
- Deferred charges and accrued income +€27,225
new in 2026: €27,225
- Receivables within one year -€24,088
no longer reported in 2026 (was €24,088)
of which Trade receivables: -€12,255
- Tangible fixed assets -€16,004
down €16,004 (-7.1%), from €225,588 to €209,584
of which Land and buildings: -€14,261
- Reserves +€29,000
up €29,000 (+10.4%), from €279,000 to €308,000
of which Distributable reserves: +€29,000
- Trade debts +€26,242
new in 2026: €26,242
- Tax, wage and social debts +€14,111
up €14,111 (+24.6%), from €57,375 to €71,486
- Gross operating margin -€130,519
down €130,519 (-67.0%), from €194,796 to €64,276
- Taxes -€42,805
down €42,805 (-74.5%), from €57,437 to €14,633
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €596,571 | €664,048 | +€67,477 | +11.3% |
| Fixed assets | 21/28 | €225,588 | €209,584 | -€16,004 | -7.1% |
| Tangible fixed assets | 22/27 | €225,588 | €209,584 | -€16,004 | -7.1% |
| Land and buildings | 22 | €221,140 | €206,879 | -€14,261 | -6.4% |
| Plant, machinery and equipment | 23 | €304 | - | -€304 | |
| Other tangible fixed assets | 26 | €4,145 | €2,705 | -€1,440 | -34.7% |
| Current assets | 29/58 | €370,983 | €454,464 | +€83,482 | +22.5% |
| Amounts receivable within one year | 40/41 | €24,088 | - | -€24,088 | |
| Trade receivables | 40 | €12,255 | - | -€12,255 | |
| Other amounts receivable | 41 | €11,832 | - | -€11,832 | |
| Cash at bank and in hand | 54/58 | €346,895 | €427,239 | +€80,344 | +23.2% |
| Deferred charges and accrued income | 490/1 | - | €27,225 | +€27,225 | |
| Total equity and liabilities | 10/49 | €596,571 | €664,048 | +€67,477 | +11.3% |
| Equity | 10/15 | €536,858 | €566,321 | +€29,463 | +5.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €279,000 | €308,000 | +€29,000 | +10.4% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €264,000 | €293,000 | +€29,000 | +11.0% |
| Profit (loss) carried forward | 14 | €107,858 | €108,321 | +€463 | +0.4% |
| Amounts payable | 17/49 | €59,713 | €97,727 | +€38,014 | +63.7% |
| Amounts payable within one year | 42/48 | €57,375 | €97,727 | +€40,352 | +70.3% |
| Trade debts | 44 | - | €26,242 | +€26,242 | |
| Suppliers | 440/4 | - | €26,242 | +€26,242 | |
| Taxes, remuneration and social security | 45 | €57,375 | €71,486 | +€14,111 | +24.6% |
| Taxes | 450/3 | €57,375 | €71,486 | +€14,111 | +24.6% |
| Accrued charges and deferred income | 492/3 | €2,338 | - | -€2,338 | |
| Non-recurring operating income | 76A | €145,246 | - | -€145,246 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,472 | €16,004 | -€1,467 | -8.4% |
| Other operating charges | 640/8 | €7,434 | €5,755 | -€1,679 | -22.6% |
| Gross operating margin | 9900 | €194,796 | €64,276 | -€130,519 | -67.0% |
| Operating profit (loss) | 9901 | €169,889 | €42,516 | -€127,373 | -75.0% |
| Financial income | 75/76B | €208 | €1,740 | +€1,532 | +735.4% |
| Recurring financial income | 75 | €208 | €1,740 | +€1,532 | +735.4% |
| Financial charges | 65/66B | €398 | €161 | -€237 | -59.6% |
| Recurring financial charges | 65 | €398 | €161 | -€237 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €169,699 | €44,096 | -€125,603 | -74.0% |
| Income taxes | 67/77 | €57,437 | €14,633 | -€42,805 | -74.5% |
| Profit (loss) for the period | 9904 | €112,262 | €29,463 | -€82,799 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €112,262 | €29,463 | -€82,799 | -73.8% |
Source: filed annual accounts (NBB), fiscal years ended 1 January 2025 and 1 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.