FUEGO INTERNATIONAL: what changed
What changed
FUEGO INTERNATIONAL
filed annual accounts (NBB)
Net result for the year
-€21,907
2024 · -€2,941-€18,966
Equity
€522,843
2024 · €544,751-€21,907
Cash
€33,582
2024 · €86,934-€53,352
Balance sheet total
€763,087
2024 · €816,721-€53,634
Largest movements
Assets
- Cash -€53,352
down €53,352 (-61.4%), from €86,934 to €33,582
mainly Debts after one year (-€30,330) and Receivables within one year (-€22,124)
- Receivables within one year +€22,124
up €22,124 (+76.7%), from €28,847 to €50,972
- Tangible fixed assets -€20,159
down €20,159 (-5.2%), from €389,175 to €369,016
of which Land and buildings: -€19,672
Equity and liabilities
- Debts after one year -€30,330
down €30,330 (-13.5%), from €224,189 to €193,860
- Reserves -€21,907
down €21,907 (-4.5%), from €482,751 to €460,843
of which Distributable reserves: -€16,608
Income statement
- Gross operating margin -€19,607
down €19,607 (-93.2%), from €21,029 to €1,422
- Financial income +€367
up €367 (+12.6%), from €2,907 to €3,273
- Taxes -€260
down €260 (-75.6%), from €344 to €84
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.
Result 2024
-€2,941
Gross operating margin
-€19,607
Depreciation
+€15
Other operating charges
-€123
Financial income
+€367
Financial charges
+€122
Taxes
+€260
Result 2025
-€21,907
raises the resultlowers the result
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.
From operations
-€23,441
Investment
€0
Financing
-€29,911
Cash 2024
€86,934
From operations (derived)
-€23,441
Net result for the year
-€21,907
Depreciation
+€20,159
Receivables within one year
-€22,124
Deferred charges and accrued income
+€2,246
Provisions
-€1,766
Trade debts
-€904
Tax, wage and social debts
-€252
Accrued charges and deferred income
+€1,107
Financing
-€29,911
Debts after one year
-€30,330
Current portion of long-term debt
+€418
Cash 2025
€33,582
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €816,721 | €763,087 | -€53,634 | -6.6% |
| Fixed assets | 21/28 | €389,175 | €369,016 | -€20,159 | -5.2% |
| Tangible fixed assets | 22/27 | €389,175 | €369,016 | -€20,159 | -5.2% |
| Land and buildings | 22 | €385,762 | €366,090 | -€19,672 | -5.1% |
| Furniture and vehicles | 24 | €3,413 | €2,926 | -€488 | -14.3% |
| Current assets | 29/58 | €427,546 | €394,071 | -€33,474 | -7.8% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Other amounts receivable | 291 | €130,000 | €130,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €170,637 | €170,637 | = | 0.0% |
| Stocks | 30/36 | €170,637 | €170,637 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,847 | €50,972 | +€22,124 | +76.7% |
| Other amounts receivable | 41 | €28,847 | €50,972 | +€22,124 | +76.7% |
| Cash at bank and in hand | 54/58 | €86,934 | €33,582 | -€53,352 | -61.4% |
| Deferred charges and accrued income | 490/1 | €11,127 | €8,881 | -€2,246 | -20.2% |
| Total equity and liabilities | 10/49 | €816,721 | €763,087 | -€53,634 | -6.6% |
| Equity | 10/15 | €544,751 | €522,843 | -€21,907 | -4.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €482,751 | €460,843 | -€21,907 | -4.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €75,771 | €70,472 | -€5,299 | -7.0% |
| Distributable reserves | 133 | €400,779 | €384,171 | -€16,608 | -4.1% |
| Provisions and deferred taxes | 16 | €16,085 | €14,318 | -€1,766 | -11.0% |
| Deferred taxes | 168 | €16,085 | €14,318 | -€1,766 | -11.0% |
| Amounts payable | 17/49 | €255,886 | €225,926 | -€29,960 | -11.7% |
| Amounts payable after more than one year | 17 | €224,189 | €193,860 | -€30,330 | -13.5% |
| Financial debts | 170/4 | €224,189 | €193,860 | -€30,330 | -13.5% |
| Amounts payable within one year | 42/48 | €31,697 | €30,959 | -€737 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €29,911 | €30,330 | +€418 | +1.4% |
| Trade debts | 44 | €1,533 | €630 | -€904 | -58.9% |
| Suppliers | 440/4 | €1,533 | €630 | -€904 | -58.9% |
| Taxes, remuneration and social security | 45 | €252 | - | -€252 | |
| Taxes | 450/3 | €252 | - | -€252 | |
| Accrued charges and deferred income | 492/3 | - | €1,107 | +€1,107 | |
| Non-recurring operating income | 76A | €14,500 | - | -€14,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,175 | €20,159 | -€15 | -0.1% |
| Other operating charges | 640/8 | €3,163 | €3,287 | +€123 | +3.9% |
| Gross operating margin | 9900 | €21,029 | €1,422 | -€19,607 | -93.2% |
| Operating profit (loss) | 9901 | -€2,309 | -€22,024 | -€19,715 | -854% |
| Financial income | 75/76B | €2,907 | €3,273 | +€367 | +12.6% |
| Recurring financial income | 75 | €2,907 | €3,273 | +€367 | +12.6% |
| Financial charges | 65/66B | €4,961 | €4,839 | -€122 | -2.5% |
| Recurring financial charges | 65 | €4,961 | €4,839 | -€122 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,363 | -€23,590 | -€19,226 | -441% |
| Transfer from deferred taxes | 780 | €1,766 | €1,766 | = | 0.0% |
| Income taxes | 67/77 | €344 | €84 | -€260 | -75.6% |
| Profit (loss) for the period | 9904 | -€2,941 | -€21,907 | -€18,966 | -645% |
| Transfer from tax-exempt reserves | 789 | €5,299 | €5,299 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,358 | -€16,608 | -€18,966 |
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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 8 November 2026 via checked.be.