FUERZA: 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.
FUERZA
Largest movements
- Tangible fixed assets -€8,562
down €8,562 (-27.8%), from €30,804 to €22,242
of which Furniture and vehicles: -€8,562
- Stocks and contracts -€6,657
down €6,657 (-8.1%), from €82,444 to €75,788
- Cash +€5,337
up €5,337 (+6.9%), from €77,056 to €82,393
mainly Depreciation (+€8,562) and Stocks and contracts (+€6,657)
- Other debts -€6,998
down €6,998 (-20.3%), from €34,476 to €27,478
- Debts after one year -€6,417
down €6,417 (-24.3%), from €26,368 to €19,951
- Turnover -€70,435
down €70,435 (-31.5%), from €223,388 to €152,953
- Gross operating margin -€51,240
down €51,240 (-84.1%), from €60,897 to €9,657
- Purchases and services -€11,940
down €11,940 (-7.3%), from €163,390 to €151,449
- Taxes -€11,156
down €11,156 (-89.2%), from €12,500 to €1,344
- Financial charges -€3,305
down €3,305 (-49.7%), from €6,652 to €3,347
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 | €232,982 | €221,622 | -€11,360 | -4.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €30,804 | €22,242 | -€8,562 | -27.8% |
| Tangible fixed assets | 22/27 | €30,804 | €22,242 | -€8,562 | -27.8% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €30,804 | €22,242 | -€8,562 | -27.8% |
| Current assets | 29/58 | €202,178 | €199,380 | -€2,798 | -1.4% |
| Stocks and contracts in progress | 3 | €82,444 | €75,788 | -€6,657 | -8.1% |
| Stocks | 30/36 | €82,444 | €75,788 | -€6,657 | -8.1% |
| Amounts receivable within one year | 40/41 | €39,383 | €39,666 | +€283 | +0.7% |
| Trade receivables | 40 | €31,822 | €37,552 | +€5,731 | +18.0% |
| Other amounts receivable | 41 | €7,562 | €2,114 | -€5,448 | -72.0% |
| Cash at bank and in hand | 54/58 | €77,056 | €82,393 | +€5,337 | +6.9% |
| Deferred charges and accrued income | 490/1 | €3,295 | €1,534 | -€1,761 | -53.4% |
| Total equity and liabilities | 10/49 | €232,982 | €221,622 | -€11,360 | -4.9% |
| Equity | 10/15 | €151,694 | €153,685 | +€1,991 | +1.3% |
| Contributions | 10/11 | €17,014 | €17,014 | = | 0.0% |
| Reserves | 13 | €29,575 | €29,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €27,716 | €27,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,105 | €107,096 | +€1,991 | +1.9% |
| Amounts payable | 17/49 | €81,288 | €67,937 | -€13,351 | -16.4% |
| Amounts payable after more than one year | 17 | €26,368 | €19,951 | -€6,417 | -24.3% |
| Financial debts | 170/4 | €26,368 | €19,951 | -€6,417 | -24.3% |
| Amounts payable within one year | 42/48 | €54,920 | €47,986 | -€6,934 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €6,116 | €6,417 | +€301 | +4.9% |
| Trade debts | 44 | €1,743 | €247 | -€1,495 | -85.8% |
| Suppliers | 440/4 | €1,743 | €247 | -€1,495 | -85.8% |
| Taxes, remuneration and social security | 45 | €12,586 | €13,843 | +€1,258 | +10.0% |
| Taxes | 450/3 | €12,586 | €13,843 | +€1,258 | +10.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €34,476 | €27,478 | -€6,998 | -20.3% |
| Turnover | 70 | €223,388 | €152,953 | -€70,435 | -31.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €163,390 | €151,449 | -€11,940 | -7.3% |
| Remuneration, social security and pensions | 62 | €1,908 | €1,948 | +€40 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,914 | €8,562 | -€352 | -4.0% |
| Other operating charges | 640/8 | €3,657 | €422 | -€3,234 | -88.4% |
| Gross operating margin | 9900 | €60,897 | €9,657 | -€51,240 | -84.1% |
| Operating profit (loss) | 9901 | €46,418 | -€1,275 | -€47,693 | |
| Financial income | 75/76B | €6,706 | €7,957 | +€1,251 | +18.7% |
| Recurring financial income | 75 | €6,706 | €7,957 | +€1,251 | +18.7% |
| Financial charges | 65/66B | €6,652 | €3,347 | -€3,305 | -49.7% |
| Recurring financial charges | 65 | €6,652 | €3,347 | -€3,305 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €46,472 | €3,335 | -€43,137 | -92.8% |
| Income taxes | 67/77 | €12,500 | €1,344 | -€11,156 | -89.2% |
| Profit (loss) for the period | 9904 | €33,973 | €1,991 | -€31,982 | -94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,973 | €1,991 | -€31,982 | -94.1% |
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 2 October 2026 via checked.be.