F.U.B.: 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.
F.U.B.
Largest movements
- Cash +€3,244
up €3,244 (+48.6%), from €6,678 to €9,922
mainly Net result for the year (+€5,181) and Depreciation (+€2,500)
- Receivables within one year +€2,848
up €2,848 (+6.2%), from €45,948 to €48,795
of which Other amounts receivable: +€2,039
- Tangible fixed assets -€2,500
down €2,500 (-41.1%), from €6,075 to €3,575
- Profit (loss) carried forward +€5,181
up €5,181 (+17.5%), from €29,613 to €34,794
- Tax, wage and social debts -€2,108
down €2,108 (-46.7%), from €4,516 to €2,409
- Gross operating margin -€7,602
down €7,602 (-40.7%), from €18,690 to €11,088
- Taxes -€2,108
down €2,108 (-46.7%), from €4,516 to €2,409
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 | €59,440 | €62,730 | +€3,290 | +5.5% |
| Fixed assets | 21/28 | €6,075 | €3,575 | -€2,500 | -41.1% |
| Tangible fixed assets | 22/27 | €6,075 | €3,575 | -€2,500 | -41.1% |
| Furniture and vehicles | 24 | €6,075 | €3,575 | -€2,500 | -41.1% |
| Current assets | 29/58 | €53,365 | €59,155 | +€5,790 | +10.9% |
| Amounts receivable within one year | 40/41 | €45,948 | €48,795 | +€2,848 | +6.2% |
| Trade receivables | 40 | - | €809 | +€809 | |
| Other amounts receivable | 41 | €45,948 | €47,987 | +€2,039 | +4.4% |
| Cash at bank and in hand | 54/58 | €6,678 | €9,922 | +€3,244 | +48.6% |
| Deferred charges and accrued income | 490/1 | €739 | €438 | -€302 | -40.8% |
| Total equity and liabilities | 10/49 | €59,440 | €62,730 | +€3,290 | +5.5% |
| Equity | 10/15 | €50,625 | €55,805 | +€5,181 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,412 | €2,412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €553 | €553 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,613 | €34,794 | +€5,181 | +17.5% |
| Amounts payable | 17/49 | €8,816 | €6,925 | -€1,891 | -21.4% |
| Amounts payable within one year | 42/48 | €8,816 | €6,925 | -€1,891 | -21.4% |
| Trade debts | 44 | €4,299 | €4,516 | +€217 | +5.0% |
| Suppliers | 440/4 | €4,299 | €4,516 | +€217 | +5.0% |
| Taxes, remuneration and social security | 45 | €4,516 | €2,409 | -€2,108 | -46.7% |
| Taxes | 450/3 | €4,516 | €2,409 | -€2,108 | -46.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €2,500 | = | 0.0% |
| Other operating charges | 640/8 | €809 | €806 | -€3 | -0.3% |
| Gross operating margin | 9900 | €18,690 | €11,088 | -€7,602 | -40.7% |
| Operating profit (loss) | 9901 | €15,381 | €7,782 | -€7,599 | -49.4% |
| Financial charges | 65/66B | €198 | €193 | -€6 | -2.8% |
| Recurring financial charges | 65 | €198 | €193 | -€6 | -2.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €15,183 | €7,589 | -€7,593 | -50.0% |
| Income taxes | 67/77 | €4,516 | €2,409 | -€2,108 | -46.7% |
| Profit (loss) for the period | 9904 | €10,666 | €5,181 | -€5,485 | -51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,666 | €5,181 | -€5,485 | -51.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.