FulFil: 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.
FulFil
Largest movements
- Cash -€20,115
down €20,115 (-45.0%), from €44,700 to €24,585
mainly Net result for the year (-€9,499) and Investment in fixed assets (net) (-€6,547)
- Tangible fixed assets -€5,824
down €5,824 (-13.3%), from €43,829 to €38,005
of which Furniture and vehicles: -€8,150
- Stocks and contracts +€1,556
up €1,556 (+91.7%), from €1,698 to €3,254
- Current portion of long-term debt -€6,308
down €6,308 (-82.9%), from €7,608 to €1,301
- Reserves -€4,860
down €4,860 (-9.9%), from €48,940 to €44,080
- Profit (loss) carried forward -€4,639
new in 2025: -€4,639
- Trade debts -€3,917
down €3,917 (-23.9%), from €16,391 to €12,474
- Accrued charges and deferred income -€3,831
down €3,831 (-79.3%), from €4,831 to €1,000
- Gross operating margin -€32,274
down €32,274 (-86.2%), from €37,430 to €5,156
- Taxes -€8,231
down €8,231 (-95.0%), from €8,668 to €437
- Depreciation +€2,525
up €2,525 (+25.6%), from €9,846 to €12,371
- Financial charges -€2,507
down €2,507 (-83.2%), from €3,012 to €506
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 | €123,494 | €99,173 | -€24,321 | -19.7% |
| Fixed assets | 21/28 | €43,829 | €38,005 | -€5,824 | -13.3% |
| Tangible fixed assets | 22/27 | €43,829 | €38,005 | -€5,824 | -13.3% |
| Land and buildings | 22 | €12,973 | €11,664 | -€1,309 | -10.1% |
| Plant, machinery and equipment | 23 | €6,745 | €9,352 | +€2,607 | +38.7% |
| Furniture and vehicles | 24 | €19,783 | €11,633 | -€8,150 | -41.2% |
| Other tangible fixed assets | 26 | €4,328 | €5,356 | +€1,028 | +23.7% |
| Current assets | 29/58 | €79,665 | €61,168 | -€18,497 | -23.2% |
| Stocks and contracts in progress | 3 | €1,698 | €3,254 | +€1,556 | +91.7% |
| Stocks | 30/36 | €1,698 | €3,254 | +€1,556 | +91.7% |
| Amounts receivable within one year | 40/41 | €11,155 | €10,257 | -€897 | -8.0% |
| Trade receivables | 40 | €7,659 | €7,936 | +€276 | +3.6% |
| Other amounts receivable | 41 | €3,495 | €2,322 | -€1,173 | -33.6% |
| Cash at bank and in hand | 54/58 | €44,700 | €24,585 | -€20,115 | -45.0% |
| Deferred charges and accrued income | 490/1 | €22,113 | €23,072 | +€959 | +4.3% |
| Total equity and liabilities | 10/49 | €123,494 | €99,173 | -€24,321 | -19.7% |
| Equity | 10/15 | €55,140 | €45,641 | -€9,499 | -17.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €48,940 | €44,080 | -€4,860 | -9.9% |
| Distributable reserves | 133 | €48,940 | €44,080 | -€4,860 | -9.9% |
| Profit (loss) carried forward | 14 | - | -€4,639 | -€4,639 | |
| Amounts payable | 17/49 | €68,354 | €53,531 | -€14,823 | -21.7% |
| Amounts payable after more than one year | 17 | €1,301 | - | -€1,301 | |
| Financial debts | 170/4 | €1,301 | - | -€1,301 | |
| Amounts payable within one year | 42/48 | €62,223 | €52,531 | -€9,691 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €7,608 | €1,301 | -€6,308 | -82.9% |
| Trade debts | 44 | €16,391 | €12,474 | -€3,917 | -23.9% |
| Suppliers | 440/4 | €16,391 | €12,474 | -€3,917 | -23.9% |
| Taxes, remuneration and social security | 45 | €8,173 | €5,391 | -€2,782 | -34.0% |
| Taxes | 450/3 | €6,573 | €2,991 | -€3,582 | -54.5% |
| Remuneration and social security | 454/9 | €1,600 | €2,400 | +€800 | +50.0% |
| Other amounts payable | 47/48 | €30,050 | €33,366 | +€3,316 | +11.0% |
| Accrued charges and deferred income | 492/3 | €4,831 | €1,000 | -€3,831 | -79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,846 | €12,371 | +€2,525 | +25.6% |
| Other operating charges | 640/8 | €1,518 | €1,502 | -€17 | -1.1% |
| Gross operating margin | 9900 | €37,430 | €5,156 | -€32,274 | -86.2% |
| Operating profit (loss) | 9901 | €26,066 | -€8,717 | -€34,783 | |
| Financial income | 75/76B | €300 | €161 | -€138 | -46.1% |
| Recurring financial income | 75 | €300 | €161 | -€138 | -46.1% |
| Financial charges | 65/66B | €3,012 | €506 | -€2,507 | -83.2% |
| Recurring financial charges | 65 | €3,012 | €506 | -€2,507 | -83.2% |
| Profit (loss) for the period before taxes | 9903 | €23,353 | -€9,061 | -€32,414 | |
| Income taxes | 67/77 | €8,668 | €437 | -€8,231 | -95.0% |
| Profit (loss) for the period | 9904 | €14,685 | -€9,499 | -€24,183 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,685 | -€9,499 | -€24,183 |
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 7 October 2026 via checked.be.