FocusUP: 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.
FocusUP
Largest movements
- Receivables within one year -€10,227
down €10,227 (-33.6%), from €30,404 to €20,176
of which Trade receivables: -€15,955
- Cash -€7,511
down €7,511 (-3.6%), from €210,608 to €203,097
mainly Contributions, distributions and other (-€51,350) and Tax, wage and social debts (-€18,010)
- Tax, wage and social debts -€18,010
down €18,010 (-65.1%), from €27,660 to €9,650
- Reserves -€8,850
down €8,850 (-4.1%), from €216,000 to €207,150
- Trade debts +€8,765
up €8,765 (+246%), from €3,559 to €12,324
- Gross operating margin -€12,891
down €12,891 (-17.0%), from €75,828 to €62,938
- Taxes -€3,413
down €3,413 (-17.0%), from €20,063 to €16,650
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 | €254,540 | €236,048 | -€18,492 | -7.3% |
| Fixed assets | 21/28 | €12,964 | €12,123 | -€841 | -6.5% |
| Intangible fixed assets | 21 | €1,226 | €746 | -€480 | -39.1% |
| Tangible fixed assets | 22/27 | €11,738 | €11,377 | -€361 | -3.1% |
| Plant, machinery and equipment | 23 | - | €1,474 | +€1,474 | |
| Furniture and vehicles | 24 | €8,780 | €8,115 | -€665 | -7.6% |
| Other tangible fixed assets | 26 | €2,958 | €1,788 | -€1,170 | -39.6% |
| Current assets | 29/58 | €241,575 | €223,925 | -€17,650 | -7.3% |
| Amounts receivable within one year | 40/41 | €30,404 | €20,176 | -€10,227 | -33.6% |
| Trade receivables | 40 | €27,004 | €11,049 | -€15,955 | -59.1% |
| Other amounts receivable | 41 | €3,400 | €9,127 | +€5,727 | +168% |
| Cash at bank and in hand | 54/58 | €210,608 | €203,097 | -€7,511 | -3.6% |
| Deferred charges and accrued income | 490/1 | €563 | €651 | +€88 | +15.6% |
| Total equity and liabilities | 10/49 | €254,540 | €236,048 | -€18,492 | -7.3% |
| Equity | 10/15 | €222,578 | €213,742 | -€8,835 | -4.0% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €216,000 | €207,150 | -€8,850 | -4.1% |
| Distributable reserves | 133 | €216,000 | €207,150 | -€8,850 | -4.1% |
| Profit (loss) carried forward | 14 | €78 | €92 | +€15 | +19.0% |
| Amounts payable | 17/49 | €31,962 | €22,305 | -€9,657 | -30.2% |
| Amounts payable within one year | 42/48 | €31,962 | €22,305 | -€9,657 | -30.2% |
| Trade debts | 44 | €3,559 | €12,324 | +€8,765 | +246% |
| Suppliers | 440/4 | €3,559 | €12,324 | +€8,765 | +246% |
| Taxes, remuneration and social security | 45 | €27,660 | €9,650 | -€18,010 | -65.1% |
| Taxes | 450/3 | €27,660 | €9,650 | -€18,010 | -65.1% |
| Other amounts payable | 47/48 | €743 | €331 | -€412 | -55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,876 | €4,185 | -€691 | -14.2% |
| Other operating charges | 640/8 | €769 | €785 | +€16 | +2.1% |
| Gross operating margin | 9900 | €75,828 | €62,938 | -€12,891 | -17.0% |
| Operating profit (loss) | 9901 | €70,183 | €57,967 | -€12,216 | -17.4% |
| Financial income | 75/76B | €2,535 | €1,896 | -€639 | -25.2% |
| Recurring financial income | 75 | €2,535 | €1,896 | -€639 | -25.2% |
| Financial charges | 65/66B | €508 | €698 | +€190 | +37.5% |
| Recurring financial charges | 65 | €508 | €698 | +€190 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €72,210 | €59,164 | -€13,046 | -18.1% |
| Income taxes | 67/77 | €20,063 | €16,650 | -€3,413 | -17.0% |
| Profit (loss) for the period | 9904 | €52,147 | €42,515 | -€9,632 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,147 | €42,515 | -€9,632 | -18.5% |
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 15 October 2026 via checked.be.