FUGZIA: 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.
FUGZIA
Largest movements
- Cash +€173,702
up €173,702 (+111%), from €156,356 to €330,058
mainly Accrued charges and deferred income (+€138,039) and Net result for the year (+€129,672)
- Financial fixed assets +€91,340
up €91,340 (+471%), from €19,380 to €110,720
- Tangible fixed assets -€32,298
down €32,298 (-11.7%), from €277,085 to €244,788
of which Furniture and vehicles: -€21,339
- Receivables within one year -€23,715
down €23,715 (-11.3%), from €210,340 to €186,625
of which Other amounts receivable: -€21,062
- Accrued charges and deferred income +€138,039
up €138,039 (+106%), from €130,830 to €268,870
- Other debts +€96,980
up €96,980 (+516%), from €18,799 to €115,779
- Trade debts -€65,105
down €65,105 (-87.4%), from €74,523 to €9,418
- Tax, wage and social debts +€35,253
up €35,253 (+117%), from €30,050 to €65,303
of which Taxes: +€32,659
- Reserves +€17,186
up €17,186 (+3.9%), from €442,192 to €459,378
- Gross operating margin +€194,060
up €194,060 (+179%), from €108,365 to €302,425
- Taxes +€45,800
up €45,800 (+396%), from €11,558 to €57,358
- Staff costs +€31,769
up €31,769 (+77.7%), from €40,888 to €72,657
- Depreciation +€9,748
up €9,748 (+34.4%), from €28,355 to €38,104
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 | €821,713 | €1,031,197 | +€209,484 | +25.5% |
| Fixed assets | 21/28 | €296,465 | €355,508 | +€59,042 | +19.9% |
| Tangible fixed assets | 22/27 | €277,085 | €244,788 | -€32,298 | -11.7% |
| Land and buildings | 22 | €215,316 | €202,408 | -€12,908 | -6.0% |
| Plant, machinery and equipment | 23 | €9,093 | €11,042 | +€1,950 | +21.4% |
| Furniture and vehicles | 24 | €52,677 | €31,338 | -€21,339 | -40.5% |
| Financial fixed assets | 28 | €19,380 | €110,720 | +€91,340 | +471% |
| Current assets | 29/58 | €525,248 | €675,689 | +€150,442 | +28.6% |
| Amounts receivable within one year | 40/41 | €210,340 | €186,625 | -€23,715 | -11.3% |
| Trade receivables | 40 | €188,758 | €186,105 | -€2,653 | -1.4% |
| Other amounts receivable | 41 | €21,582 | €520 | -€21,062 | -97.6% |
| Current investments | 50/53 | €154,072 | €154,828 | +€756 | +0.5% |
| Cash at bank and in hand | 54/58 | €156,356 | €330,058 | +€173,702 | +111% |
| Deferred charges and accrued income | 490/1 | €4,479 | €4,178 | -€301 | -6.7% |
| Total equity and liabilities | 10/49 | €821,713 | €1,031,197 | +€209,484 | +25.5% |
| Equity | 10/15 | €460,784 | €477,970 | +€17,186 | +3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €442,192 | €459,378 | +€17,186 | +3.9% |
| Distributable reserves | 133 | €442,192 | €459,378 | +€17,186 | +3.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €360,930 | €553,227 | +€192,298 | +53.3% |
| Amounts payable after more than one year | 17 | €93,194 | €79,471 | -€13,723 | -14.7% |
| Financial debts | 170/4 | €93,194 | €79,471 | -€13,723 | -14.7% |
| Amounts payable within one year | 42/48 | €136,906 | €204,887 | +€67,981 | +49.7% |
| Current portion of amounts payable after more than one year | 42 | €13,442 | €13,723 | +€281 | +2.1% |
| Financial debts | 43 | €92 | €664 | +€571 | +619% |
| Credit institutions | 430/8 | €92 | €664 | +€571 | +619% |
| Trade debts | 44 | €74,523 | €9,418 | -€65,105 | -87.4% |
| Suppliers | 440/4 | €74,523 | €9,418 | -€65,105 | -87.4% |
| Taxes, remuneration and social security | 45 | €30,050 | €65,303 | +€35,253 | +117% |
| Taxes | 450/3 | €24,731 | €57,389 | +€32,659 | +132% |
| Remuneration and social security | 454/9 | €5,320 | €7,914 | +€2,594 | +48.8% |
| Other amounts payable | 47/48 | €18,799 | €115,779 | +€96,980 | +516% |
| Accrued charges and deferred income | 492/3 | €130,830 | €268,870 | +€138,039 | +106% |
| Non-recurring operating income | 76A | €3,620 | €0 | -€3,620 | -100% |
| Remuneration, social security and pensions | 62 | €40,888 | €72,657 | +€31,769 | +77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,355 | €38,104 | +€9,748 | +34.4% |
| Other operating charges | 640/8 | €2,946 | €2,498 | -€448 | -15.2% |
| Non-recurring operating charges | 66A | €867 | €1,489 | +€622 | +71.8% |
| Gross operating margin | 9900 | €108,365 | €302,425 | +€194,060 | +179% |
| Operating profit (loss) | 9901 | €35,309 | €187,678 | +€152,369 | +432% |
| Financial income | 75/76B | €31 | €1,637 | +€1,605 | +5,119% |
| Recurring financial income | 75 | €31 | €1,637 | +€1,605 | +5,119% |
| Financial charges | 65/66B | €2,561 | €2,284 | -€276 | -10.8% |
| Recurring financial charges | 65 | €2,561 | €2,284 | -€276 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €32,780 | €187,030 | +€154,250 | +471% |
| Income taxes | 67/77 | €11,558 | €57,358 | +€45,800 | +396% |
| Profit (loss) for the period | 9904 | €21,222 | €129,672 | +€108,450 | +511% |
| Profit (loss) for the period to be appropriated | 9905 | €21,222 | €129,672 | +€108,450 | +511% |
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 14 October 2026 via checked.be.