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Fuesion: 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.

What changed

Fuesion

BE 0729.861.652
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,687
2024 · -€2,892+€205
Equity
-€15,802
2024 · -€13,114-€2,687
Cash
€28
2024 · €314-€286
Balance sheet total
€18,308
2024 · €22,760-€4,452

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€4,552

    down €4,552 (-20.3%), from €22,446 to €17,894

    of which Furniture and vehicles: -€4,263

  • Deferred charges and accrued income +€386

    new in 2025: €386

  • Cash -€286

    down €286 (-91.0%), from €314 to €28

    mainly Investment in fixed assets (net) (-€4,253) and Net result for the year (-€2,687)

Equity and liabilities
  • Profit (loss) carried forward -€2,687

    down €2,687 (-8.1%), from -€33,114 to -€35,802

  • Trade debts -€717

    down €717 (-32.7%), from €2,191 to €1,474

  • Other debts -€562

    down €562 (-1.7%), from €32,304 to €31,742

  • Tax, wage and social debts -€485

    down €485 (-35.2%), from €1,378 to €893

Income statement
  • Other operating charges -€886

    down €886 (-50.4%), from €1,759 to €873

  • Depreciation +€594

    up €594 (+7.2%), from €8,212 to €8,805

  • Gross operating margin -€223

    down €223 (-2.9%), from €7,552 to €7,329

  • Financial charges -€145

    down €145 (-48.6%), from €298 to €153

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€2,892
Gross operating margin -€223
Depreciation -€594
Other operating charges +€886
Financial charges +€145
Taxes -€10
Result 2025 -€2,687

Cash bridge derived

cash 2024 to 2025

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.

From operations +€3,967
Investment -€4,253
Financing €0
Cash 2024 €314
Net result for the year -€2,687
Depreciation +€8,805
Deferred charges and accrued income -€386
Trade debts -€717
Tax, wage and social debts -€485
Other debts -€562
Investment in fixed assets (net) -€4,253
Cash 2025 €28
Every line side by side 29 lines
Line Code 2024 2025 Change %
Total assets 20/58 €22,760 €18,308 -€4,452 -19.6%
Fixed assets 21/28 €22,446 €17,894 -€4,552 -20.3%
Tangible fixed assets 22/27 €22,446 €17,894 -€4,552 -20.3%
Plant, machinery and equipment 23 €4,465 €4,176 -€289 -6.5%
Furniture and vehicles 24 €17,981 €13,718 -€4,263 -23.7%
Current assets 29/58 €314 €414 +€100 +31.8%
Cash at bank and in hand 54/58 €314 €28 -€286 -91.0%
Deferred charges and accrued income 490/1 - €386 +€386
Total equity and liabilities 10/49 €22,760 €18,308 -€4,452 -19.6%
Equity 10/15 -€13,114 -€15,802 -€2,687 -20.5%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€33,114 -€35,802 -€2,687 -8.1%
Amounts payable 17/49 €35,874 €34,109 -€1,765 -4.9%
Amounts payable within one year 42/48 €35,874 €34,109 -€1,765 -4.9%
Trade debts 44 €2,191 €1,474 -€717 -32.7%
Suppliers 440/4 €2,191 €1,474 -€717 -32.7%
Taxes, remuneration and social security 45 €1,378 €893 -€485 -35.2%
Taxes 450/3 €1,378 €893 -€485 -35.2%
Other amounts payable 47/48 €32,304 €31,742 -€562 -1.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,212 €8,805 +€594 +7.2%
Other operating charges 640/8 €1,759 €873 -€886 -50.4%
Gross operating margin 9900 €7,552 €7,329 -€223 -2.9%
Operating profit (loss) 9901 -€2,419 -€2,349 +€69 +2.9%
Financial charges 65/66B €298 €153 -€145 -48.6%
Recurring financial charges 65 €298 €153 -€145 -48.6%
Profit (loss) for the period before taxes 9903 -€2,716 -€2,502 +€214 +7.9%
Income taxes 67/77 €176 €185 +€10 +5.5%
Profit (loss) for the period 9904 -€2,892 -€2,687 +€205 +7.1%
Profit (loss) for the period to be appropriated 9905 -€2,892 -€2,687 +€205 +7.1%

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 5 October 2026 via checked.be.