Foveo: 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.
Foveo
Largest movements
- Tangible fixed assets -€10,443
down €10,443 (-27.3%), from €38,310 to €27,868
of which Furniture and vehicles: -€10,105
- Cash +€8,326
up €8,326 (+82.7%), from €10,068 to €18,394
mainly Net result for the year (+€14,164) and Depreciation (+€10,443)
- Receivables within one year +€4,814
up €4,814 (+31.4%), from €15,338 to €20,152
of which Trade receivables: +€4,237
- Profit (loss) carried forward +€14,164
new in 2025: €14,164
- Debts after one year -€8,756
down €8,756 (-36.0%), from €24,298 to €15,542
- Other debts -€2,699
down €2,699 (-97.7%), from €2,763 to €63
- Gross operating margin +€3,125
up €3,125 (+10.8%), from €28,936 to €32,061
- Taxes +€1,320
up €1,320 (+32.2%), from €4,104 to €5,423
- Financial charges -€404
down €404 (-20.7%), from €1,951 to €1,547
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 | €63,717 | €66,414 | +€2,698 | +4.2% |
| Fixed assets | 21/28 | €38,310 | €27,868 | -€10,443 | -27.3% |
| Tangible fixed assets | 22/27 | €38,310 | €27,868 | -€10,443 | -27.3% |
| Land and buildings | 22 | €2,731 | €2,394 | -€338 | -12.4% |
| Furniture and vehicles | 24 | €35,579 | €25,474 | -€10,105 | -28.4% |
| Current assets | 29/58 | €25,406 | €38,547 | +€13,140 | +51.7% |
| Amounts receivable within one year | 40/41 | €15,338 | €20,152 | +€4,814 | +31.4% |
| Trade receivables | 40 | €15,113 | €19,351 | +€4,237 | +28.0% |
| Other amounts receivable | 41 | €225 | €802 | +€577 | +256% |
| Cash at bank and in hand | 54/58 | €10,068 | €18,394 | +€8,326 | +82.7% |
| Total equity and liabilities | 10/49 | €63,717 | €66,414 | +€2,698 | +4.2% |
| Equity | 10/15 | €21,565 | €35,729 | +€14,164 | +65.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,565 | €16,565 | = | 0.0% |
| Distributable reserves | 133 | €16,565 | €16,565 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €14,164 | +€14,164 | |
| Amounts payable | 17/49 | €42,152 | €30,685 | -€11,466 | -27.2% |
| Amounts payable after more than one year | 17 | €24,298 | €15,542 | -€8,756 | -36.0% |
| Financial debts | 170/4 | €24,298 | €15,542 | -€8,756 | -36.0% |
| Amounts payable within one year | 42/48 | €17,854 | €15,143 | -€2,710 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €8,353 | €8,756 | +€403 | +4.8% |
| Trade debts | 44 | €1,444 | €1,341 | -€104 | -7.2% |
| Suppliers | 440/4 | €1,444 | €1,341 | -€104 | -7.2% |
| Taxes, remuneration and social security | 45 | €5,294 | €4,983 | -€311 | -5.9% |
| Taxes | 450/3 | €5,294 | €4,983 | -€311 | -5.9% |
| Other amounts payable | 47/48 | €2,763 | €63 | -€2,699 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,443 | €10,443 | = | 0.0% |
| Other operating charges | 640/8 | €446 | €483 | +€37 | +8.4% |
| Gross operating margin | 9900 | €28,936 | €32,061 | +€3,125 | +10.8% |
| Operating profit (loss) | 9901 | €18,047 | €21,134 | +€3,087 | +17.1% |
| Financial income | 75/76B | €251 | €0 | -€251 | -100.0% |
| Recurring financial income | 75 | €251 | €0 | -€251 | -100.0% |
| Financial charges | 65/66B | €1,951 | €1,547 | -€404 | -20.7% |
| Recurring financial charges | 65 | €1,951 | €1,547 | -€404 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €16,347 | €19,587 | +€3,240 | +19.8% |
| Income taxes | 67/77 | €4,104 | €5,423 | +€1,320 | +32.2% |
| Profit (loss) for the period | 9904 | €12,244 | €14,164 | +€1,920 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,244 | €14,164 | +€1,920 | +15.7% |
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 25 October 2026 via checked.be.