FUGA
InactiveFinancials · financial year 2025, micro format
Equity
€442,602▲ 107%
2024 · €213,915
Total assets
€520,841▲ 136%
2024 · €220,998
Net result
€228,687
2024 · -€11,513
Working capital
€447,160▲ 260%
2024 · €124,255
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €294,952 after a loss of €12,054 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€294,952
2025
Net result€228,687
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€520,841
2025
Equity€442,602
2025
Debt€78,239
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€447,160
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€11,279-€747-€15,804€9,061€164▼ 98.2%€8,696▲ 53×-€12,054€294,952
Net result-€11,380-€609-€15,836€9,036€68▼ 99.2%€8,962▲ 132×-€11,513€228,687
Equity€222,588-€223,197▲ 0.3%€207,362▼ 7.1%€216,398▲ 4.4%€216,466=€225,428▲ 4.1%€213,915▼ 5.1%€442,602▲ 107%
Total assets€223,934-€236,154▲ 5.5%€228,502▼ 3.2%€218,702▼ 4.3%€221,059▲ 1.1%€228,212▲ 3.2%€220,998▼ 3.2%€520,841▲ 136%
Debt€1,346-€12,956▲ 862%€21,140▲ 63.2%€2,304▼ 89.1%€4,593▲ 99.4%€2,784▼ 39.4%€7,084▲ 154%€78,239▲ 11×
Working capital€108,815-€117,383▲ 7.9%€107,451▼ 8.5%€107,298▼ 0.1%€113,802▲ 6.1%€128,443▲ 12.9%€124,255▼ 3.3%€447,160▲ 260%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €520,841
Fixed assets
€1,413 ▼ 98.4%
Current assets
€519,428 ▲ 298%
Equity and liabilities €520,841
Equity
€442,602 ▲ 107%
Debt
€78,239 ▲ 11×
Debt's share of the balance-sheet total rises from 3.2% to 15.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€295,319▲
2024 · -€5,236
Cash flow
€229,055▲
2024 · -€4,696
Current ratio
7.19▼
2024 · 21.07
Debt to equity
0.18▲
2024 · 0.03
ROE
51.7%▲
2024 · -5.4%
ROA
43.9%▲
2024 · -5.2%
Interest coverage
over 100▲
2024 · -234.39
Debt ≤ 1 year
€72,268▲
2024 · €6,192
Income taxes
€66,528
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €322,829 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,086 | €5,330 | €6,510 | €6,450 | €6,450 | €6,744 | €6,817 | €367 | ▼ 94.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €3,864 | €0 | -€3,864 | - |
| Other operating charges640/8 | - | - | - | - | €2,747 | €2,788 | €2,876 | €3,936 | ▲ 36.9% |
| Gross operating margin9900 | -€1,865 | €9,266 | -€7,002 | €18,057 | €9,360 | €22,092 | -€2,361 | €295,392 | - |
| Operating profit (loss)9901 | -€11,279 | €747 | -€15,804 | €9,061 | €164 | €8,696 | -€12,054 | €294,952 | - |
| Financial income75/76B | - | - | - | - | €0 | €307 | €563 | €547 | ▼ 2.7% |
| Recurring financial income75 | €62 | €0 | €0 | €0 | €0 | €307 | €563 | €547 | ▼ 2.7% |
| Financial charges65/66B | - | - | - | - | €96 | €41 | €22 | €285 | ▲ 13× |
| Recurring financial charges65 | €163 | €138 | €32 | €26 | €96 | €41 | €22 | €285 | ▲ 13× |
| Profit (loss) for the period before taxes9903 | -€11,380 | €609 | -€15,836 | €9,036 | €68 | €8,962 | -€11,513 | €295,215 | - |
| Income taxes67/77 | - | - | - | - | - | - | - | €66,528 | - |
| Profit (loss) for the period9904 | -€11,380 | €609 | -€15,836 | €9,036 | €68 | €8,962 | -€11,513 | €228,687 | - |
| Profit (loss) for the period to be appropriated9905 | -€11,380 | €609 | -€15,836 | €9,036 | €68 | €8,962 | -€11,513 | €228,687 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €223,934 | €236,154 | €228,502 | €218,702 | €221,059 | €228,212 | €220,998 | €520,841 | ▲ 136% |
| Fixed assets21/28 | €113,973 | €108,643 | €115,911 | €109,461 | €103,011 | €97,369 | €90,552 | €1,413 | ▼ 98.4% |
| Tangible fixed assets22/27 | €113,973 | €108,643 | €115,911 | €109,461 | €103,011 | €97,369 | €90,552 | €1,413 | ▼ 98.4% |
| Land and buildings22 | - | - | - | - | €101,671 | €95,221 | €88,771 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | - | - | €808 | €441 | €73 | ▼ 83.3% |
| Other tangible fixed assets26 | - | - | - | - | €1,340 | €1,340 | €1,340 | €1,340 | = |
| Current assets29/58 | €109,961 | €127,510 | €112,591 | €109,241 | €118,048 | €130,843 | €130,447 | €519,428 | ▲ 298% |
| Stocks and contracts in progress3 | €950 | €5,440 | €5,096 | €4,200 | €3,864 | €0 | - | - | - |
| Stocks30/36 | - | - | - | - | €3,864 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €10,846 | €27,048 | €8,956 | €11,084 | €18,820 | €26,284 | €31,908 | €443,387 | ▲ 14× |
| Trade receivables40 | - | - | - | - | €16,533 | €23,964 | €23,042 | €436,915 | ▲ 19× |
| Other amounts receivable41 | - | - | - | - | €2,288 | €2,321 | €8,865 | €6,473 | ▼ 27.0% |
| Cash at bank and in hand54/58 | €97,654 | €94,488 | €97,974 | €93,374 | €94,900 | €104,046 | €97,999 | €76,041 | ▼ 22.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €464 | €513 | €540 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €223,934 | €236,154 | €228,502 | €218,702 | €221,059 | €228,212 | €220,998 | €520,841 | ▲ 136% |
| Equity10/15 | €222,588 | €223,197 | €207,362 | €216,398 | €216,466 | €225,428 | €213,915 | €442,602 | ▲ 107% |
| Contributions10/11 | €241,500 | €241,500 | - | - | €241,500 | €241,500 | €241,500 | €241,500 | = |
| Reserves13 | €53,929 | €53,960 | €53,960 | €53,960 | €53,960 | €53,960 | €53,960 | €191,102 | ▲ 254% |
| Non-distributable reserves130/1 | - | - | - | - | €9,155 | €9,155 | €9,155 | €9,155 | = |
| Reserves not available under the articles1311 | - | - | - | - | €9,155 | €9,155 | €9,155 | €9,155 | = |
| Distributable reserves133 | - | - | - | - | €44,805 | €44,805 | €44,805 | €181,948 | ▲ 306% |
| Profit (loss) carried forward14 | -€72,841 | -€72,263 | -€88,098 | -€79,062 | -€78,994 | -€70,032 | -€81,545 | €10,000 | - |
| Amounts payable17/49 | €1,346 | €12,956 | €21,140 | €2,304 | €4,593 | €2,784 | €7,084 | €78,239 | ▲ 11× |
| Amounts payable within one year42/48 | €1,146 | €10,127 | €5,140 | €1,943 | €4,246 | €2,400 | €6,192 | €72,268 | ▲ 12× |
| Trade debts44 | €282 | €8,839 | €2,797 | €1,245 | €3,810 | €1,865 | €6,111 | €5,300 | ▼ 13.3% |
| Suppliers440/4 | - | - | - | - | €3,810 | €1,865 | €6,111 | €5,300 | ▼ 13.3% |
| Taxes, remuneration and social security45 | - | - | - | - | €435 | €535 | €81 | €66,969 | ▲ 831× |
| Taxes450/3 | - | - | - | - | €435 | €535 | €81 | €66,969 | ▲ 831× |
| Other amounts payable47/48 | - | - | - | - | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €348 | €384 | €892 | €5,971 | ▲ 569% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,380 | €609 | -€15,836 | €9,036 | €68 | €8,962 | -€11,513 | €228,687 | - |
| + Depreciation and write-downs630 | €7,086 | €5,330 | €6,510 | €6,450 | €6,450 | €6,744 | €6,817 | €367 | ▼ 94.6% |
| Operating cash flow (approximation) | -€4,294 | €5,939 | -€9,326 | €15,486 | €6,518 | €15,706 | -€4,696 | €229,055 | - |
| Investment in fixed assets (approximation) | - | €0 | -€13,777 | €0 | €0 | -€1,102 | €0 | €88,771 | - |
| Change in cash | - | -€3,167 | €3,486 | -€4,600 | €1,526 | €9,146 | -€6,047 | -€21,958 | ▼ 263% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-05-2026 | 2026-00116126 |
| 31-12-2024 | micro format | 26-05-2025 | 2025-00108056 |
| 31-12-2023 | micro format | 12-03-2024 | 2024-00043055 |
| 31-12-2022 | micro format | 14-03-2023 | 2023-00039881 |
| 31-12-2021 | micro format | 10-03-2022 | 2022-07400543 |
| 31-12-2020 | micro format | 08-03-2021 | 2021-07100514 |
| 31-12-2019 | micro format | 07-05-2020 | 2020-12000120 |
| 31-12-2018 | micro format | 15-03-2019 | 2019-07200078 |
| 31-12-2017 | micro format | 15-03-2018 | 2018-06900247 |
| 31-12-2016 | micro format | 04-04-2017 | 2017-09200084 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.