FUNTEX: 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.
FUNTEX
Largest movements
- Receivables within one year +€12,077
up €12,077 (+45.4%), from €26,627 to €38,704
of which Trade receivables: +€10,417
- Cash -€10,377
down €10,377 (-37.9%), from €27,357 to €16,980
mainly Contributions, distributions and other (-€15,000) and Receivables within one year (-€12,077)
- Trade debts -€5,160
down €5,160 (-72.7%), from €7,096 to €1,936
- Profit (loss) carried forward +€4,671
up €4,671 (+58.5%), from €7,986 to €12,657
- Other debts +€1,000
up €1,000 (+7.1%), from €14,000 to €15,000
- Gross operating margin +€2,924
up €2,924 (+11.4%), from €25,617 to €28,541
- Other operating charges +€799
up €799 (+133.1%), from €600 to €1,399
- Taxes +€423
up €423 (+6.9%), from €6,123 to €6,546
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,805 | €57,978 | +€1,173 | +2.1% |
| Fixed assets | 21/28 | €973 | €703 | -€270 | -27.7% |
| Tangible fixed assets | 22/27 | €923 | €653 | -€270 | -29.2% |
| Furniture and vehicles | 24 | €923 | €653 | -€270 | -29.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €55,831 | €57,274 | +€1,443 | +2.6% |
| Amounts receivable within one year | 40/41 | €26,627 | €38,704 | +€12,077 | +45.4% |
| Trade receivables | 40 | €24,593 | €35,009 | +€10,417 | +42.4% |
| Other amounts receivable | 41 | €2,034 | €3,695 | +€1,660 | +81.6% |
| Cash at bank and in hand | 54/58 | €27,357 | €16,980 | -€10,377 | -37.9% |
| Deferred charges and accrued income | 490/1 | €1,847 | €1,591 | -€256 | -13.9% |
| Total equity and liabilities | 10/49 | €56,805 | €57,978 | +€1,173 | +2.1% |
| Equity | 10/15 | €27,700 | €32,370 | +€4,671 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,113 | €1,113 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,113 | €1,113 | = | 0.0% |
| Other | 1319 | €1,113 | €1,113 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,986 | €12,657 | +€4,671 | +58.5% |
| Amounts payable | 17/49 | €29,105 | €25,607 | -€3,498 | -12.0% |
| Amounts payable within one year | 42/48 | €28,826 | €25,250 | -€3,576 | -12.4% |
| Financial debts | 43 | €95 | €578 | +€483 | +507.8% |
| Credit institutions | 430/8 | €95 | €578 | +€483 | +507.8% |
| Trade debts | 44 | €7,096 | €1,936 | -€5,160 | -72.7% |
| Suppliers | 440/4 | €7,096 | €1,936 | -€5,160 | -72.7% |
| Taxes, remuneration and social security | 45 | €7,635 | €7,736 | +€101 | +1.3% |
| Taxes | 450/3 | €3,936 | €4,013 | +€78 | +2.0% |
| Remuneration and social security | 454/9 | €3,699 | €3,723 | +€24 | +0.6% |
| Other amounts payable | 47/48 | €14,000 | €15,000 | +€1,000 | +7.1% |
| Accrued charges and deferred income | 492/3 | €279 | €357 | +€78 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €270 | = | 0.0% |
| Other operating charges | 640/8 | €600 | €1,399 | +€799 | +133.1% |
| Gross operating margin | 9900 | €25,617 | €28,541 | +€2,924 | +11.4% |
| Operating profit (loss) | 9901 | €24,747 | €26,872 | +€2,125 | +8.6% |
| Financial income | 75/76B | €207 | €183 | -€24 | -11.6% |
| Recurring financial income | 75 | €207 | €183 | -€24 | -11.6% |
| Financial charges | 65/66B | €1,066 | €838 | -€228 | -21.4% |
| Recurring financial charges | 65 | €1,066 | €838 | -€228 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €23,887 | €26,216 | +€2,329 | +9.7% |
| Income taxes | 67/77 | €6,123 | €6,546 | +€423 | +6.9% |
| Profit (loss) for the period | 9904 | €17,765 | €19,671 | +€1,906 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,765 | €19,671 | +€1,906 | +10.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.