IMMO FONTEYN: 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.
IMMO FONTEYN
Largest movements
- Receivables within one year +€723,943
up €723,943 (+213%), from €339,711 to €1.1m
of which Trade receivables: +€743,759
- Cash +€91,686
up €91,686 (+45.4%), from €201,805 to €293,491
mainly Accrued charges and deferred income (+€736,292) and Depreciation (+€56,194)
- Tangible fixed assets -€52,507
down €52,507 (-14.7%), from €356,044 to €303,537
of which Land and buildings: -€39,333
- Stocks and contracts +€45,957
up €45,957 (+4.5%), from €1.0m to €1.1m
- Accrued charges and deferred income +€736,292
up €736,292 (+4,034%), from €18,251 to €754,543
- Profit (loss) carried forward +€54,407
up €54,407 (+11.1%), from €490,861 to €545,268
- Trade debts +€44,061
up €44,061 (+21.4%), from €205,494 to €249,556
- Short-term financial debts -€39,907
down €39,907 (-10.9%), from €366,819 to €326,912
- Gross operating margin -€453,958
down €453,958 (-59.1%), from €767,906 to €313,947
- Staff costs -€98,634
down €98,634 (-37.3%), from €264,500 to €165,866
- Taxes -€71,518
down €71,518 (-79.0%), from €90,519 to €19,001
- Depreciation -€48,826
down €48,826 (-46.5%), from €105,020 to €56,194
- Financial charges -€26,060
down €26,060 (-70.3%), from €37,071 to €11,011
From the 30-06-2025 result to the 31-12-2025 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 30-06-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-06-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,940,855 | €2,739,001 | +€798,146 | +41.1% |
| Fixed assets | 21/28 | €371,528 | €320,979 | -€50,549 | -13.6% |
| Intangible fixed assets | 21 | €2,578 | €2,168 | -€410 | -15.9% |
| Tangible fixed assets | 22/27 | €356,044 | €303,537 | -€52,507 | -14.7% |
| Land and buildings | 22 | €293,239 | €253,905 | -€39,333 | -13.4% |
| Plant, machinery and equipment | 23 | €61,931 | €49,011 | -€12,920 | -20.9% |
| Furniture and vehicles | 24 | €874 | €620 | -€253 | -29.0% |
| Financial fixed assets | 28 | €12,907 | €15,274 | +€2,368 | +18.3% |
| Current assets | 29/58 | €1,569,326 | €2,418,022 | +€848,696 | +54.1% |
| Stocks and contracts in progress | 3 | €1,014,921 | €1,060,877 | +€45,957 | +4.5% |
| Stocks | 30/36 | €1,014,921 | €1,060,877 | +€45,957 | +4.5% |
| Amounts receivable within one year | 40/41 | €339,711 | €1,063,654 | +€723,943 | +213% |
| Trade receivables | 40 | €319,895 | €1,063,654 | +€743,759 | +233% |
| Other amounts receivable | 41 | €19,816 | €0 | -€19,816 | -100% |
| Cash at bank and in hand | 54/58 | €201,805 | €293,491 | +€91,686 | +45.4% |
| Deferred charges and accrued income | 490/1 | €12,890 | €0 | -€12,890 | -100% |
| Total equity and liabilities | 10/49 | €1,940,855 | €2,739,001 | +€798,146 | +41.1% |
| Equity | 10/15 | €1,250,931 | €1,305,338 | +€54,407 | +4.3% |
| Contributions | 10/11 | €455,000 | €455,000 | = | 0.0% |
| Reserves | 13 | €305,070 | €305,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,500 | €45,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €45,500 | €45,500 | = | 0.0% |
| Distributable reserves | 133 | €259,570 | €259,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | €490,861 | €545,268 | +€54,407 | +11.1% |
| Amounts payable | 17/49 | €689,924 | €1,433,663 | +€743,740 | +108% |
| Amounts payable after more than one year | 17 | €13,497 | €0 | -€13,497 | -100% |
| Financial debts | 170/4 | €13,497 | €0 | -€13,497 | -100% |
| Amounts payable within one year | 42/48 | €658,176 | €679,120 | +€20,944 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €26,122 | €26,701 | +€579 | +2.2% |
| Financial debts | 43 | €366,819 | €326,912 | -€39,907 | -10.9% |
| Credit institutions | 430/8 | €366,819 | €326,912 | -€39,907 | -10.9% |
| Trade debts | 44 | €205,494 | €249,556 | +€44,061 | +21.4% |
| Suppliers | 440/4 | €205,494 | €249,556 | +€44,061 | +21.4% |
| Taxes, remuneration and social security | 45 | €59,741 | €75,952 | +€16,211 | +27.1% |
| Taxes | 450/3 | €27,596 | €50,214 | +€22,618 | +82.0% |
| Remuneration and social security | 454/9 | €32,144 | €25,738 | -€6,406 | -19.9% |
| Accrued charges and deferred income | 492/3 | €18,251 | €754,543 | +€736,292 | +4,034% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €264,500 | €165,866 | -€98,634 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,020 | €56,194 | -€48,826 | -46.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,773 | €0 | -€3,773 | -100% |
| Other operating charges | 640/8 | €17,268 | €8,284 | -€8,984 | -52.0% |
| Non-recurring operating charges | 66A | €6,028 | €0 | -€6,028 | -100% |
| Gross operating margin | 9900 | €767,906 | €313,947 | -€453,958 | -59.1% |
| Operating profit (loss) | 9901 | €371,317 | €83,604 | -€287,713 | -77.5% |
| Financial income | 75/76B | €15,501 | €815 | -€14,685 | -94.7% |
| Recurring financial income | 75 | €2,489 | €815 | -€1,674 | -67.2% |
| Non-recurring financial income | 76B | €13,011 | - | -€13,011 | |
| Financial charges | 65/66B | €37,071 | €11,011 | -€26,060 | -70.3% |
| Recurring financial charges | 65 | €37,071 | €11,011 | -€26,060 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €349,747 | €73,408 | -€276,339 | -79.0% |
| Income taxes | 67/77 | €90,519 | €19,001 | -€71,518 | -79.0% |
| Profit (loss) for the period | 9904 | €259,228 | €54,407 | -€204,821 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €259,228 | €54,407 | -€204,821 | -79.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.