FOVEATECH: what changed
FOVEATECH
Largest movements
- Tangible fixed assets +€27,185
up €27,185 (+90.0%), from €30,199 to €57,384
of which Furniture and vehicles: +€29,483
- Receivables within one year +€18,986
up €18,986 (+242%), from €7,850 to €26,837
of which Trade receivables: +€12,384
- Cash -€6,658
down €6,658 (-7.8%), from €85,064 to €78,405
mainly Contributions, distributions and other (-€40,000) and Investment in fixed assets (net) (-€39,333)
- Other debts +€43,523
up €43,523 (+100%), from €43,500 to €87,023
- Reserves -€40,000
down €40,000 (-79.2%), from €50,500 to €10,500
of which Distributable reserves: -€40,000
- Profit (loss) carried forward +€39,483
up €39,483 (+262%), from €15,093 to €54,577
- Trade debts -€6,493
down €6,493 (-71.4%), from €9,089 to €2,596
- Tax, wage and social debts +€3,000
up €3,000, from €0 to €3,000
- Depreciation +€6,095
up €6,095 (+101%), from €6,053 to €12,148
- Other operating charges +€3,879
up €3,879 (+771%), from €503 to €4,382
- Gross operating margin +€2,982
up €2,982 (+4.6%), from €64,158 to €67,140
- Financial income +€708
new in 2025: €708
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,182 | €162,696 | +€39,514 | +32.1% |
| Fixed assets | 21/28 | €30,199 | €57,384 | +€27,185 | +90.0% |
| Tangible fixed assets | 22/27 | €30,199 | €57,384 | +€27,185 | +90.0% |
| Furniture and vehicles | 24 | €17,848 | €47,331 | +€29,483 | +165% |
| Other tangible fixed assets | 26 | €12,351 | €10,054 | -€2,297 | -18.6% |
| Current assets | 29/58 | €92,983 | €105,311 | +€12,328 | +13.3% |
| Amounts receivable within one year | 40/41 | €7,850 | €26,837 | +€18,986 | +242% |
| Trade receivables | 40 | €675 | €13,059 | +€12,384 | +1,835% |
| Other amounts receivable | 41 | €7,175 | €13,778 | +€6,603 | +92.0% |
| Cash at bank and in hand | 54/58 | €85,064 | €78,405 | -€6,658 | -7.8% |
| Deferred charges and accrued income | 490/1 | €70 | €70 | = | 0.0% |
| Total equity and liabilities | 10/49 | €123,182 | €162,696 | +€39,514 | +32.1% |
| Equity | 10/15 | €70,593 | €70,077 | -€517 | -0.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,500 | €10,500 | -€40,000 | -79.2% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €10,000 | -€40,000 | -80.0% |
| Profit (loss) carried forward | 14 | €15,093 | €54,577 | +€39,483 | +262% |
| Amounts payable | 17/49 | €52,589 | €92,619 | +€40,030 | +76.1% |
| Amounts payable within one year | 42/48 | €52,589 | €92,619 | +€40,030 | +76.1% |
| Trade debts | 44 | €9,089 | €2,596 | -€6,493 | -71.4% |
| Suppliers | 440/4 | €9,089 | €2,596 | -€6,493 | -71.4% |
| Taxes, remuneration and social security | 45 | €0 | €3,000 | +€3,000 | |
| Taxes | 450/3 | €0 | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €43,500 | €87,023 | +€43,523 | +100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,053 | €12,148 | +€6,095 | +101% |
| Other operating charges | 640/8 | €503 | €4,382 | +€3,879 | +771% |
| Gross operating margin | 9900 | €64,158 | €67,140 | +€2,982 | +4.6% |
| Operating profit (loss) | 9901 | €57,603 | €50,610 | -€6,992 | -12.1% |
| Financial income | 75/76B | - | €708 | +€708 | |
| Recurring financial income | 75 | - | €708 | +€708 | |
| Financial charges | 65/66B | €978 | €835 | -€143 | -14.6% |
| Recurring financial charges | 65 | €978 | €835 | -€143 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €56,625 | €50,483 | -€6,141 | -10.8% |
| Income taxes | 67/77 | €11,163 | €11,000 | -€163 | -1.5% |
| Profit (loss) for the period | 9904 | €45,461 | €39,483 | -€5,978 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,461 | €39,483 | -€5,978 | -13.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.