Funlife Ventures: 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.
Funlife Ventures
Largest movements
- Tangible fixed assets +€276,340
up €276,340 (+16,743%), from €1,651 to €277,990
of which Assets under construction and advance payments: +€157,361
- Cash -€75,914
down €75,914 (-86.9%), from €87,386 to €11,472
mainly Investment in fixed assets (net) (-€293,184) and Trade debts (-€36,193)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year +€8,296
up €8,296 (+121%), from €6,829 to €15,125
- Debts after one year +€214,205
new in 2026: €214,205
- Trade debts -€36,193
down €36,193 (-95.9%), from €37,751 to €1,558
- Tax, wage and social debts -€25,524
down €25,524 (-66.8%), from €38,219 to €12,695
- Current portion of long-term debt +€8,115
new in 2026: €8,115
- Gross operating margin -€81,482
down €81,482 (-71.9%), from €113,386 to €31,904
- Taxes -€23,462
down €23,462 (-78.8%), from €29,777 to €6,315
- Depreciation +€13,550
up €13,550 (+411%), from €3,295 to €16,844
- Financial charges +€2,768
up €2,768 (+131%), from €2,114 to €4,882
- Other operating charges +€1,871
up €1,871 (+428%), from €437 to €2,308
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.
Derived cash bridge
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 | €158,488 | €318,664 | +€160,175 | +101% |
| Fixed assets | 21/28 | €13,651 | €289,990 | +€276,340 | +2,024% |
| Tangible fixed assets | 22/27 | €1,651 | €277,990 | +€276,340 | +16,743% |
| Land and buildings | 22 | - | €90,000 | +€90,000 | |
| Furniture and vehicles | 24 | - | €29,145 | +€29,145 | |
| Other tangible fixed assets | 26 | €1,651 | €1,485 | -€165 | -10.0% |
| Assets under construction and advance payments | 27 | - | €157,361 | +€157,361 | |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €144,838 | €28,673 | -€116,164 | -80.2% |
| Amounts receivable within one year | 40/41 | €6,829 | €15,125 | +€8,296 | +121% |
| Trade receivables | 40 | €6,829 | €15,125 | +€8,296 | +121% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €87,386 | €11,472 | -€75,914 | -86.9% |
| Deferred charges and accrued income | 490/1 | €623 | €2,076 | +€1,454 | +234% |
| Total equity and liabilities | 10/49 | €158,488 | €318,664 | +€160,175 | +101% |
| Equity | 10/15 | €79,265 | €81,111 | +€1,846 | +2.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €78,265 | €80,111 | +€1,846 | +2.4% |
| Distributable reserves | 133 | €78,265 | €80,111 | +€1,846 | +2.4% |
| Amounts payable | 17/49 | €79,224 | €237,553 | +€158,329 | +200% |
| Amounts payable after more than one year | 17 | - | €214,205 | +€214,205 | |
| Financial debts | 170/4 | - | €214,205 | +€214,205 | |
| Amounts payable within one year | 42/48 | €79,224 | €23,348 | -€55,875 | -70.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,115 | +€8,115 | |
| Trade debts | 44 | €37,751 | €1,558 | -€36,193 | -95.9% |
| Suppliers | 440/4 | €37,751 | €1,558 | -€36,193 | -95.9% |
| Taxes, remuneration and social security | 45 | €38,219 | €12,695 | -€25,524 | -66.8% |
| Taxes | 450/3 | €38,219 | €12,695 | -€25,524 | -66.8% |
| Other amounts payable | 47/48 | €3,254 | €980 | -€2,274 | -69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,295 | €16,844 | +€13,550 | +411% |
| Other operating charges | 640/8 | €437 | €2,308 | +€1,871 | +428% |
| Gross operating margin | 9900 | €113,386 | €31,904 | -€81,482 | -71.9% |
| Operating profit (loss) | 9901 | €109,654 | €12,751 | -€96,903 | -88.4% |
| Financial income | 75/76B | €502 | €291 | -€211 | -42.0% |
| Recurring financial income | 75 | €502 | €291 | -€211 | -42.0% |
| Financial charges | 65/66B | €2,114 | €4,882 | +€2,768 | +131% |
| Recurring financial charges | 65 | €2,114 | €4,882 | +€2,768 | +131% |
| Profit (loss) for the period before taxes | 9903 | €108,042 | €8,161 | -€99,881 | -92.4% |
| Income taxes | 67/77 | €29,777 | €6,315 | -€23,462 | -78.8% |
| Profit (loss) for the period | 9904 | €78,265 | €1,846 | -€76,419 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €78,265 | €1,846 | -€76,419 | -97.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.