FUJE: 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.
FUJE
Largest movements
- Receivables within one year -€32,386
down €32,386 (-9.1%), from €354,424 to €322,038
of which Trade receivables: -€44,835
- Cash -€26,974
down €26,974 (-40.5%), from €66,597 to €39,623
mainly Net result for the year (-€73,202) and Tax, wage and social debts (-€38,913)
- Profit (loss) carried forward -€73,202
new in 2025: -€73,202
- Trade debts +€54,141
up €54,141 (+24.2%), from €223,689 to €277,830
- Tax, wage and social debts -€38,913
down €38,913 (-50.0%), from €77,877 to €38,964
of which Taxes: -€29,172
- Debts after one year -€9,204
down €9,204 (-5.8%), from €158,305 to €149,101
- Accrued charges and deferred income +€9,092
new in 2025: €9,092
- Gross operating margin -€64,365
down €64,365 (-16.0%), from €401,993 to €337,627
- Staff costs -€62,263
down €62,263 (-14.3%), from €435,227 to €372,964
- Financial income -€16,622
down €16,622 (-97.9%), from €16,980 to €359
- Other operating charges +€5,386
up €5,386 (+49.0%), from €10,988 to €16,374
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 | €799,185 | €741,292 | -€57,893 | -7.2% |
| Formation expenses | 20 | €119,859 | €119,859 | = | 0.0% |
| Fixed assets | 21/28 | €232,166 | €234,754 | +€2,588 | +1.1% |
| Tangible fixed assets | 22/27 | €227,356 | €229,944 | +€2,588 | +1.1% |
| Land and buildings | 22 | €202,145 | €210,953 | +€8,808 | +4.4% |
| Plant, machinery and equipment | 23 | €9,482 | €5,625 | -€3,858 | -40.7% |
| Furniture and vehicles | 24 | €993 | €553 | -€440 | -44.3% |
| Other tangible fixed assets | 26 | €14,735 | €12,813 | -€1,922 | -13.0% |
| Financial fixed assets | 28 | €4,810 | €4,810 | = | 0.0% |
| Current assets | 29/58 | €447,161 | €386,679 | -€60,481 | -13.5% |
| Stocks and contracts in progress | 3 | €5,180 | €2,839 | -€2,341 | -45.2% |
| Stocks | 30/36 | €5,180 | €2,839 | -€2,341 | -45.2% |
| Amounts receivable within one year | 40/41 | €354,424 | €322,038 | -€32,386 | -9.1% |
| Trade receivables | 40 | €60,458 | €15,623 | -€44,835 | -74.2% |
| Other amounts receivable | 41 | €293,966 | €306,415 | +€12,449 | +4.2% |
| Cash at bank and in hand | 54/58 | €66,597 | €39,623 | -€26,974 | -40.5% |
| Deferred charges and accrued income | 490/1 | €20,959 | €22,178 | +€1,219 | +5.8% |
| Total equity and liabilities | 10/49 | €799,185 | €741,292 | -€57,893 | -7.2% |
| Equity | 10/15 | €330,303 | €257,101 | -€73,202 | -22.2% |
| Contributions | 10/11 | €18,200 | €18,200 | = | 0.0% |
| Reserves | 13 | €312,103 | €312,103 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €310,243 | €310,243 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€73,202 | -€73,202 | |
| Amounts payable | 17/49 | €468,882 | €484,191 | +€15,309 | +3.3% |
| Amounts payable after more than one year | 17 | €158,305 | €149,101 | -€9,204 | -5.8% |
| Financial debts | 170/4 | €158,305 | €149,101 | -€9,204 | -5.8% |
| Amounts payable within one year | 42/48 | €310,577 | €325,999 | +€15,421 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €9,011 | €9,204 | +€193 | +2.1% |
| Trade debts | 44 | €223,689 | €277,830 | +€54,141 | +24.2% |
| Suppliers | 440/4 | €223,689 | €277,830 | +€54,141 | +24.2% |
| Taxes, remuneration and social security | 45 | €77,877 | €38,964 | -€38,913 | -50.0% |
| Taxes | 450/3 | €39,788 | €10,616 | -€29,172 | -73.3% |
| Remuneration and social security | 454/9 | €38,089 | €28,349 | -€9,741 | -25.6% |
| Accrued charges and deferred income | 492/3 | - | €9,092 | +€9,092 | |
| Remuneration, social security and pensions | 62 | €435,227 | €372,964 | -€62,263 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,971 | €12,412 | +€440 | +3.7% |
| Other operating charges | 640/8 | €10,988 | €16,374 | +€5,386 | +49.0% |
| Non-recurring operating charges | 66A | €175 | - | -€175 | |
| Gross operating margin | 9900 | €401,993 | €337,627 | -€64,365 | -16.0% |
| Operating profit (loss) | 9901 | -€56,369 | -€64,122 | -€7,753 | -13.8% |
| Financial income | 75/76B | €16,980 | €359 | -€16,622 | -97.9% |
| Recurring financial income | 75 | €16,980 | €359 | -€16,622 | -97.9% |
| Financial charges | 65/66B | €6,821 | €9,438 | +€2,617 | +38.4% |
| Recurring financial charges | 65 | €6,821 | €9,438 | +€2,617 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | -€46,210 | -€73,202 | -€26,992 | -58.4% |
| Income taxes | 67/77 | €338 | - | -€338 | |
| Profit (loss) for the period | 9904 | -€46,548 | -€73,202 | -€26,655 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,548 | -€73,202 | -€26,655 | -57.3% |
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 23 October 2026 via checked.be.