FUNRA: 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.
FUNRA
Largest movements
- Cash -€11,930
down €11,930 (-19.5%), from €61,307 to €49,377
mainly Tax, wage and social debts (-€20,253) and Investment in fixed assets (net) (-€6,651)
- Receivables within one year -€6,314
down €6,314 (-53.8%), from €11,743 to €5,429
of which Trade receivables: -€3,720
- Tangible fixed assets -€1,008
down €1,008 (-5.5%), from €18,468 to €17,460
of which Furniture and vehicles: -€3,448
- Tax, wage and social debts -€20,253
no longer reported in 2025 (was €20,253)
- Gross operating margin -€10,192
down €10,192 (-54.5%), from €18,703 to €8,511
- Taxes -€7,500
no longer reported in 2025 (was €7,500)
- Other operating charges +€253
up €253 (+173%), from €146 to €400
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 | €93,970 | €74,097 | -€19,873 | -21.1% |
| Fixed assets | 21/28 | €20,300 | €19,291 | -€1,008 | -5.0% |
| Tangible fixed assets | 22/27 | €18,468 | €17,460 | -€1,008 | -5.5% |
| Land and buildings | 22 | €12,586 | €12,025 | -€560 | -4.5% |
| Plant, machinery and equipment | 23 | - | €3,000 | +€3,000 | |
| Furniture and vehicles | 24 | €5,883 | €2,434 | -€3,448 | -58.6% |
| Financial fixed assets | 28 | €1,832 | €1,832 | = | 0.0% |
| Current assets | 29/58 | €73,671 | €54,806 | -€18,865 | -25.6% |
| Amounts receivable within one year | 40/41 | €11,743 | €5,429 | -€6,314 | -53.8% |
| Trade receivables | 40 | €3,720 | - | -€3,720 | |
| Other amounts receivable | 41 | €8,023 | €5,429 | -€2,594 | -32.3% |
| Cash at bank and in hand | 54/58 | €61,307 | €49,377 | -€11,930 | -19.5% |
| Deferred charges and accrued income | 490/1 | €620 | - | -€620 | |
| Total equity and liabilities | 10/49 | €93,970 | €74,097 | -€19,873 | -21.1% |
| Equity | 10/15 | €73,718 | €74,097 | +€380 | +0.5% |
| Profit (loss) carried forward | 14 | €73,718 | €74,097 | +€380 | +0.5% |
| Amounts payable | 17/49 | €20,253 | - | -€20,253 | |
| Amounts payable within one year | 42/48 | €20,253 | - | -€20,253 | |
| Taxes, remuneration and social security | 45 | €20,253 | - | -€20,253 | |
| Taxes | 450/3 | €20,253 | - | -€20,253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,741 | €7,660 | -€82 | -1.1% |
| Other operating charges | 640/8 | €146 | €400 | +€253 | +173% |
| Gross operating margin | 9900 | €18,703 | €8,511 | -€10,192 | -54.5% |
| Operating profit (loss) | 9901 | €10,815 | €452 | -€10,363 | -95.8% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €94 | €72 | -€22 | -23.5% |
| Recurring financial charges | 65 | €94 | €72 | -€22 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €10,732 | €380 | -€10,352 | -96.5% |
| Income taxes | 67/77 | €7,500 | - | -€7,500 | |
| Profit (loss) for the period | 9904 | €3,232 | €380 | -€2,852 | -88.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,232 | €380 | -€2,852 | -88.3% |
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 16 October 2026 via checked.be.