FOCUZ: 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.
FOCUZ
Largest movements
- Receivables within one year -€66,550
down €66,550 (-72.4%), from €91,953 to €25,403
of which Other amounts receivable: -€54,175
- Cash -€37,905
down €37,905 (-27.3%), from €138,737 to €100,833
mainly Contributions, distributions and other (-€84,100) and Other debts (-€14,289)
- Tangible fixed assets -€4,470
down €4,470 (-33.6%), from €13,310 to €8,840
of which Furniture and vehicles: -€3,733
- Reserves -€74,009
down €74,009 (-61.6%), from €120,142 to €46,133
- Other debts -€14,289
down €14,289 (-16.4%), from €87,357 to €73,068
- Tax, wage and social debts -€12,831
down €12,831 (-42.6%), from €30,146 to €17,315
- Contributions -€6,100
down €6,100 (-98.4%), from €6,200 to €100
- Gross operating margin -€64,858
down €64,858 (-87.2%), from €74,354 to €9,496
- Taxes -€14,101
down €14,101 (-87.7%), from €16,081 to €1,979
- Depreciation -€1,819
down €1,819 (-28.9%), from €6,289 to €4,470
- Financial income -€1,780
down €1,780 (-50.3%), from €3,538 to €1,758
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 | €245,517 | €136,752 | -€108,765 | -44.3% |
| Fixed assets | 21/28 | €13,310 | €8,840 | -€4,470 | -33.6% |
| Tangible fixed assets | 22/27 | €13,310 | €8,840 | -€4,470 | -33.6% |
| Plant, machinery and equipment | 23 | €1,225 | €488 | -€737 | -60.2% |
| Furniture and vehicles | 24 | €9,193 | €5,460 | -€3,733 | -40.6% |
| Other tangible fixed assets | 26 | €2,893 | €2,893 | = | 0.0% |
| Current assets | 29/58 | €232,207 | €127,912 | -€104,295 | -44.9% |
| Amounts receivable within one year | 40/41 | €91,953 | €25,403 | -€66,550 | -72.4% |
| Trade receivables | 40 | €13,213 | €838 | -€12,375 | -93.7% |
| Other amounts receivable | 41 | €78,740 | €24,565 | -€54,175 | -68.8% |
| Cash at bank and in hand | 54/58 | €138,737 | €100,833 | -€37,905 | -27.3% |
| Deferred charges and accrued income | 490/1 | €1,516 | €1,676 | +€160 | +10.6% |
| Total equity and liabilities | 10/49 | €245,517 | €136,752 | -€108,765 | -44.3% |
| Equity | 10/15 | €126,342 | €46,233 | -€80,109 | -63.4% |
| Contributions | 10/11 | €6,200 | €100 | -€6,100 | -98.4% |
| Reserves | 13 | €120,142 | €46,133 | -€74,009 | -61.6% |
| Distributable reserves | 133 | €120,142 | €46,133 | -€74,009 | -61.6% |
| Amounts payable | 17/49 | €119,175 | €90,519 | -€28,656 | -24.0% |
| Amounts payable within one year | 42/48 | €119,175 | €90,498 | -€28,677 | -24.1% |
| Trade debts | 44 | €1,672 | €115 | -€1,557 | -93.1% |
| Suppliers | 440/4 | €1,672 | €115 | -€1,557 | -93.1% |
| Taxes, remuneration and social security | 45 | €30,146 | €17,315 | -€12,831 | -42.6% |
| Taxes | 450/3 | €30,146 | €17,315 | -€12,831 | -42.6% |
| Other amounts payable | 47/48 | €87,357 | €73,068 | -€14,289 | -16.4% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,289 | €4,470 | -€1,819 | -28.9% |
| Other operating charges | 640/8 | €761 | €606 | -€155 | -20.4% |
| Gross operating margin | 9900 | €74,354 | €9,496 | -€64,858 | -87.2% |
| Operating profit (loss) | 9901 | €67,304 | €4,420 | -€62,884 | -93.4% |
| Financial income | 75/76B | €3,538 | €1,758 | -€1,780 | -50.3% |
| Recurring financial income | 75 | €3,538 | €1,758 | -€1,780 | -50.3% |
| Financial charges | 65/66B | €181 | €208 | +€28 | +15.4% |
| Recurring financial charges | 65 | €181 | €208 | +€28 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €70,661 | €5,970 | -€64,691 | -91.6% |
| Income taxes | 67/77 | €16,081 | €1,979 | -€14,101 | -87.7% |
| Profit (loss) for the period | 9904 | €54,580 | €3,991 | -€50,589 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,580 | €3,991 | -€50,589 | -92.7% |
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 9 October 2026 via checked.be.