FUN-PROJECTS: 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.
FUN-PROJECTS
Largest movements
- Tangible fixed assets -€6,670
down €6,670 (-49.4%), from €13,492 to €6,823
of which Plant, machinery and equipment: -€4,977
- Cash -€4,738
down €4,738 (-37.2%), from €12,742 to €8,004
mainly Net result for the year (-€8,863) and Trade debts (-€4,461)
- Profit (loss) carried forward -€8,863
down €8,863 (-9.6%), from -€92,434 to -€101,297
- Trade debts -€4,461
down €4,461 (-13.2%), from €33,728 to €29,267
- Debts after one year +€1,917
up €1,917 (+3.0%), from €63,260 to €65,177
- Depreciation -€8,004
down €8,004 (-54.3%), from €14,728 to €6,724
- Gross operating margin +€2,711
no longer reported in 2025 (was -€2,711)
- Financial charges +€1,827
up €1,827 (+1,303%), from €140 to €1,967
- Other operating charges -€529
down €529 (-75.4%), from €701 to €172
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 | €26,259 | €14,852 | -€11,407 | -43.4% |
| Fixed assets | 21/28 | €13,492 | €6,823 | -€6,670 | -49.4% |
| Tangible fixed assets | 22/27 | €13,492 | €6,823 | -€6,670 | -49.4% |
| Plant, machinery and equipment | 23 | €8,082 | €3,105 | -€4,977 | -61.6% |
| Furniture and vehicles | 24 | €5,411 | €3,718 | -€1,693 | -31.3% |
| Current assets | 29/58 | €12,767 | €8,029 | -€4,738 | -37.1% |
| Amounts receivable within one year | 40/41 | €25 | €25 | = | 0.0% |
| Other amounts receivable | 41 | €25 | €25 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,742 | €8,004 | -€4,738 | -37.2% |
| Total equity and liabilities | 10/49 | €26,259 | €14,852 | -€11,407 | -43.4% |
| Equity | 10/15 | -€73,834 | -€82,697 | -€8,863 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,434 | -€101,297 | -€8,863 | -9.6% |
| Amounts payable | 17/49 | €100,093 | €97,549 | -€2,544 | -2.5% |
| Amounts payable after more than one year | 17 | €63,260 | €65,177 | +€1,917 | +3.0% |
| Financial debts | 170/4 | €63,260 | €65,177 | +€1,917 | +3.0% |
| Amounts payable within one year | 42/48 | €36,833 | €32,371 | -€4,461 | -12.1% |
| Trade debts | 44 | €33,728 | €29,267 | -€4,461 | -13.2% |
| Suppliers | 440/4 | €33,728 | €29,267 | -€4,461 | -13.2% |
| Other amounts payable | 47/48 | €3,104 | €3,104 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,728 | €6,724 | -€8,004 | -54.3% |
| Other operating charges | 640/8 | €701 | €172 | -€529 | -75.4% |
| Gross operating margin | 9900 | -€2,711 | - | +€2,711 | |
| Operating profit (loss) | 9901 | -€18,139 | -€6,896 | +€11,243 | +62.0% |
| Financial charges | 65/66B | €140 | €1,967 | +€1,827 | +1,303% |
| Recurring financial charges | 65 | €140 | €1,967 | +€1,827 | +1,303% |
| Profit (loss) for the period before taxes | 9903 | -€18,279 | -€8,863 | +€9,417 | +51.5% |
| Profit (loss) for the period | 9904 | -€18,279 | -€8,863 | +€9,417 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,279 | -€8,863 | +€9,417 | +51.5% |
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 27 October 2026 via checked.be.