FOUBERT DESIGN: 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.
FOUBERT DESIGN
Largest movements
- Tangible fixed assets +€97,599
up €97,599 (+37.6%), from €259,503 to €357,102
of which Leasing and similar rights: +€121,965
- Deferred charges and accrued income +€28,262
up €28,262 (+313.4%), from €9,018 to €37,280
- Receivables within one year -€22,942
down €22,942 (-42.2%), from €54,415 to €31,473
of which Trade receivables: -€30,278
- Cash -€16,053
down €16,053 (-17.4%), from €92,446 to €76,393
mainly Investment in fixed assets (net) (-€150,101) and Contributions, distributions and other (-€30,000)
- Debts after one year +€67,355
up €67,355 (+33.4%), from €201,504 to €268,859
- Profit (loss) carried forward -€29,999
down €29,999 (-44.5%), from €67,363 to €37,364
- Current portion of long-term debt +€17,997
up €17,997 (+27.6%), from €65,180 to €83,177
- Reserves +€14,881
up €14,881 (+29.8%), from €50,000 to €64,881
- Trade debts +€11,513
up €11,513 (+33.5%), from €34,360 to €45,873
- Gross operating margin -€14,579
down €14,579 (-7.2%), from €201,995 to €187,416
- Staff costs -€10,882
down €10,882 (-10.8%), from €101,039 to €90,157
- Depreciation +€9,184
up €9,184 (+19.8%), from €46,470 to €55,654
- Financial charges +€4,971
up €4,971 (+31.9%), from €15,565 to €20,536
- Taxes -€4,149
down €4,149 (-62.1%), from €6,683 to €2,534
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 | €435,778 | €515,881 | +€80,103 | +18.4% |
| Fixed assets | 21/28 | €273,698 | €368,145 | +€94,447 | +34.5% |
| Intangible fixed assets | 21 | €11,105 | €7,953 | -€3,152 | -28.4% |
| Tangible fixed assets | 22/27 | €259,503 | €357,102 | +€97,599 | +37.6% |
| Plant, machinery and equipment | 23 | €107,881 | €71,550 | -€36,331 | -33.7% |
| Furniture and vehicles | 24 | €8,070 | €20,035 | +€11,965 | +148.3% |
| Leasing and similar rights | 25 | €143,552 | €265,517 | +€121,965 | +85.0% |
| Financial fixed assets | 28 | €3,090 | €3,090 | = | 0.0% |
| Current assets | 29/58 | €162,080 | €147,736 | -€14,344 | -8.8% |
| Stocks and contracts in progress | 3 | €6,201 | €2,590 | -€3,611 | -58.2% |
| Stocks | 30/36 | €6,201 | €2,590 | -€3,611 | -58.2% |
| Amounts receivable within one year | 40/41 | €54,415 | €31,473 | -€22,942 | -42.2% |
| Trade receivables | 40 | €44,065 | €13,787 | -€30,278 | -68.7% |
| Other amounts receivable | 41 | €10,350 | €17,686 | +€7,336 | +70.9% |
| Cash at bank and in hand | 54/58 | €92,446 | €76,393 | -€16,053 | -17.4% |
| Deferred charges and accrued income | 490/1 | €9,018 | €37,280 | +€28,262 | +313.4% |
| Total equity and liabilities | 10/49 | €435,778 | €515,881 | +€80,103 | +18.4% |
| Equity | 10/15 | €122,363 | €107,245 | -€15,118 | -12.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €64,881 | +€14,881 | +29.8% |
| Distributable reserves | 133 | €50,000 | €64,881 | +€14,881 | +29.8% |
| Profit (loss) carried forward | 14 | €67,363 | €37,364 | -€29,999 | -44.5% |
| Amounts payable | 17/49 | €313,415 | €408,636 | +€95,221 | +30.4% |
| Amounts payable after more than one year | 17 | €201,504 | €268,859 | +€67,355 | +33.4% |
| Financial debts | 170/4 | €201,504 | €268,859 | +€67,355 | +33.4% |
| Amounts payable within one year | 42/48 | €108,549 | €139,567 | +€31,018 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €65,180 | €83,177 | +€17,997 | +27.6% |
| Financial debts | 43 | - | €3,983 | +€3,983 | |
| Other loans | 439 | - | €3,983 | +€3,983 | |
| Trade debts | 44 | €34,360 | €45,873 | +€11,513 | +33.5% |
| Suppliers | 440/4 | €34,360 | €45,873 | +€11,513 | +33.5% |
| Taxes, remuneration and social security | 45 | €6,175 | €6,204 | +€29 | +0.5% |
| Taxes | 450/3 | €2,416 | - | -€2,416 | |
| Remuneration and social security | 454/9 | €3,759 | €6,204 | +€2,445 | +65.0% |
| Other amounts payable | 47/48 | €2,834 | €330 | -€2,504 | -88.4% |
| Accrued charges and deferred income | 492/3 | €3,362 | €210 | -€3,152 | -93.8% |
| Remuneration, social security and pensions | 62 | €101,039 | €90,157 | -€10,882 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,470 | €55,654 | +€9,184 | +19.8% |
| Other operating charges | 640/8 | €4,548 | €3,057 | -€1,491 | -32.8% |
| Non-recurring operating charges | 66A | - | €1,296 | +€1,296 | |
| Gross operating margin | 9900 | €201,995 | €187,416 | -€14,579 | -7.2% |
| Operating profit (loss) | 9901 | €49,938 | €37,252 | -€12,686 | -25.4% |
| Financial income | 75/76B | €465 | €700 | +€235 | +50.5% |
| Recurring financial income | 75 | €465 | €700 | +€235 | +50.5% |
| Financial charges | 65/66B | €15,565 | €20,536 | +€4,971 | +31.9% |
| Recurring financial charges | 65 | €15,565 | €20,536 | +€4,971 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €34,838 | €17,416 | -€17,422 | -50.0% |
| Income taxes | 67/77 | €6,683 | €2,534 | -€4,149 | -62.1% |
| Profit (loss) for the period | 9904 | €28,155 | €14,882 | -€13,273 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,155 | €14,882 | -€13,273 | -47.1% |
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 6 October 2026 via checked.be.