Funrides: 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.
Funrides
Largest movements
- Tangible fixed assets +€662,180
up €662,180 (+86.3%), from €767,267 to €1.4m
of which Land and buildings: +€597,928
- Cash +€39,892
up €39,892 (+40.6%), from €98,249 to €138,141
mainly Debts after one year (+€547,094) and Depreciation (+€269,540)
- Receivables within one year -€20,419
down €20,419 (-63.0%), from €32,425 to €12,006
of which Trade receivables: -€32,425
- Debts after one year +€547,094
up €547,094 (+608%), from €90,000 to €637,094
- Other debts +€191,881
up €191,881 (+1,794%), from €10,695 to €202,576
- Current portion of long-term debt -€113,245
down €113,245 (-24.1%), from €470,400 to €357,156
- Profit (loss) carried forward +€54,578
up €54,578 (+20.1%), from €270,918 to €325,496
- Gross operating margin +€133,196
up €133,196 (+51.5%), from €258,555 to €391,751
- Depreciation +€67,617
up €67,617 (+33.5%), from €201,923 to €269,540
- Financial charges +€28,691
up €28,691 (+180%), from €15,923 to €44,615
- Taxes +€11,206
up €11,206 (+351%), from €3,192 to €14,398
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €899,231 | €1,581,499 | +€682,267 | +75.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €768,557 | €1,430,738 | +€662,180 | +86.2% |
| Tangible fixed assets | 22/27 | €767,267 | €1,429,448 | +€662,180 | +86.3% |
| Land and buildings | 22 | - | €597,928 | +€597,928 | |
| Plant, machinery and equipment | 23 | €765,970 | €709,811 | -€56,158 | -7.3% |
| Furniture and vehicles | 24 | €1,298 | €21,708 | +€20,410 | +1,573% |
| Assets under construction and advance payments | 27 | - | €100,000 | +€100,000 | |
| Financial fixed assets | 28 | €1,290 | €1,290 | = | 0.0% |
| Current assets | 29/58 | €130,674 | €150,761 | +€20,087 | +15.4% |
| Amounts receivable within one year | 40/41 | €32,425 | €12,006 | -€20,419 | -63.0% |
| Trade receivables | 40 | €32,425 | €0 | -€32,425 | -100% |
| Other amounts receivable | 41 | €0 | €12,006 | +€12,006 | |
| Cash at bank and in hand | 54/58 | €98,249 | €138,141 | +€39,892 | +40.6% |
| Deferred charges and accrued income | 490/1 | €0 | €614 | +€614 | |
| Total equity and liabilities | 10/49 | €899,231 | €1,581,499 | +€682,267 | +75.9% |
| Equity | 10/15 | €289,468 | €344,046 | +€54,578 | +18.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €270,918 | €325,496 | +€54,578 | +20.1% |
| Amounts payable | 17/49 | €609,764 | €1,237,453 | +€627,689 | +103% |
| Amounts payable after more than one year | 17 | €90,000 | €637,094 | +€547,094 | +608% |
| Trade debts | 175 | €90,000 | €637,094 | +€547,094 | +608% |
| Amounts payable within one year | 42/48 | €511,639 | €599,288 | +€87,650 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €470,400 | €357,156 | -€113,245 | -24.1% |
| Trade debts | 44 | €24,700 | €22,462 | -€2,238 | -9.1% |
| Suppliers | 440/4 | €24,700 | €22,462 | -€2,238 | -9.1% |
| Taxes, remuneration and social security | 45 | €5,844 | €17,095 | +€11,252 | +193% |
| Taxes | 450/3 | €2,535 | €16,560 | +€14,025 | +553% |
| Remuneration and social security | 454/9 | €3,309 | €535 | -€2,773 | -83.8% |
| Other amounts payable | 47/48 | €10,695 | €202,576 | +€191,881 | +1,794% |
| Accrued charges and deferred income | 492/3 | €8,125 | €1,071 | -€7,055 | -86.8% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €5,633 | €6,209 | +€576 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,923 | €269,540 | +€67,617 | +33.5% |
| Other operating charges | 640/8 | €915 | €2,412 | +€1,497 | +164% |
| Gross operating margin | 9900 | €258,555 | €391,751 | +€133,196 | +51.5% |
| Operating profit (loss) | 9901 | €50,084 | €113,590 | +€63,505 | +127% |
| Financial income | 75/76B | €5 | €2 | -€4 | -66.9% |
| Recurring financial income | 75 | €5 | €2 | -€4 | -66.9% |
| Financial charges | 65/66B | €15,923 | €44,615 | +€28,691 | +180% |
| Recurring financial charges | 65 | €15,923 | €44,615 | +€28,691 | +180% |
| Profit (loss) for the period before taxes | 9903 | €34,167 | €68,977 | +€34,810 | +102% |
| Income taxes | 67/77 | €3,192 | €14,398 | +€11,206 | +351% |
| Profit (loss) for the period | 9904 | €30,974 | €54,578 | +€23,604 | +76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,974 | €54,578 | +€23,604 | +76.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.