Fuller Solutions: 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.
Fuller Solutions
Largest movements
- Cash -€44,685
down €44,685 (-62.6%), from €71,378 to €26,693
mainly Current investments (-€34,900) and Receivables within one year (-€17,566)
- Current investments +€34,900
new in 2025: €34,900
- Receivables within one year +€17,566
up €17,566 (+67.3%), from €26,111 to €43,677
of which Trade receivables: +€22,798
- Tangible fixed assets -€6,859
down €6,859 (-4.7%), from €144,513 to €137,654
of which Land and buildings: -€4,826
- Reserves +€5,755
up €5,755 (+2.7%), from €213,826 to €219,581
of which Distributable reserves: +€5,755
- Short-term financial debts -€5,437
no longer reported in 2025 (was €5,437)
- Staff costs -€17,169
down €17,169 (-28.6%), from €59,927 to €42,758
- Gross operating margin -€4,662
down €4,662 (-5.9%), from €79,406 to €74,744
- Taxes +€4,490
up €4,490 (+135.5%), from €3,313 to €7,804
- Depreciation -€1,258
down €1,258 (-14.7%), from €8,526 to €7,269
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 | €243,187 | €243,713 | +€525 | +0.2% |
| Formation expenses | 20 | €1,186 | €776 | -€410 | -34.6% |
| Fixed assets | 21/28 | €144,513 | €137,654 | -€6,859 | -4.7% |
| Tangible fixed assets | 22/27 | €144,513 | €137,654 | -€6,859 | -4.7% |
| Land and buildings | 22 | €142,214 | €137,388 | -€4,826 | -3.4% |
| Furniture and vehicles | 24 | €2,299 | €267 | -€2,032 | -88.4% |
| Current assets | 29/58 | €97,489 | €105,282 | +€7,794 | +8.0% |
| Amounts receivable within one year | 40/41 | €26,111 | €43,677 | +€17,566 | +67.3% |
| Trade receivables | 40 | €19,348 | €42,147 | +€22,798 | +117.8% |
| Other amounts receivable | 41 | €6,762 | €1,530 | -€5,232 | -77.4% |
| Current investments | 50/53 | - | €34,900 | +€34,900 | |
| Cash at bank and in hand | 54/58 | €71,378 | €26,693 | -€44,685 | -62.6% |
| Deferred charges and accrued income | 490/1 | - | €13 | +€13 | |
| Total equity and liabilities | 10/49 | €243,187 | €243,713 | +€525 | +0.2% |
| Equity | 10/15 | €225,964 | €231,719 | +€5,755 | +2.5% |
| Contributions | 10/11 | €12,138 | €12,138 | = | 0.0% |
| Reserves | 13 | €213,826 | €219,581 | +€5,755 | +2.7% |
| Tax-exempt reserves | 132 | €8 | €8 | = | 0.0% |
| Distributable reserves | 133 | €213,818 | €219,573 | +€5,755 | +2.7% |
| Amounts payable | 17/49 | €17,223 | €11,993 | -€5,230 | -30.4% |
| Amounts payable within one year | 42/48 | €16,854 | €11,993 | -€4,861 | -28.8% |
| Financial debts | 43 | €5,437 | - | -€5,437 | |
| Other loans | 439 | €5,437 | - | -€5,437 | |
| Trade debts | 44 | €4,213 | €2,494 | -€1,719 | -40.8% |
| Suppliers | 440/4 | €4,213 | €2,494 | -€1,719 | -40.8% |
| Taxes, remuneration and social security | 45 | €5,714 | €7,191 | +€1,476 | +25.8% |
| Taxes | 450/3 | - | €3,304 | +€3,304 | |
| Remuneration and social security | 454/9 | €5,714 | €3,887 | -€1,827 | -32.0% |
| Other amounts payable | 47/48 | €1,489 | €2,309 | +€820 | +55.1% |
| Accrued charges and deferred income | 492/3 | €369 | - | -€369 | |
| Remuneration, social security and pensions | 62 | €59,927 | €42,758 | -€17,169 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,526 | €7,269 | -€1,258 | -14.7% |
| Other operating charges | 640/8 | €1,343 | €1,315 | -€28 | -2.1% |
| Gross operating margin | 9900 | €79,406 | €74,744 | -€4,662 | -5.9% |
| Operating profit (loss) | 9901 | €9,610 | €23,402 | +€13,793 | +143.5% |
| Financial income | 75/76B | €1 | €325 | +€324 | +32439.0% |
| Recurring financial income | 75 | €1 | €325 | +€324 | +32439.0% |
| Financial charges | 65/66B | €466 | €330 | -€136 | -29.1% |
| Recurring financial charges | 65 | €466 | €330 | -€136 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €9,145 | €23,398 | +€14,253 | +155.9% |
| Income taxes | 67/77 | €3,313 | €7,804 | +€4,490 | +135.5% |
| Profit (loss) for the period | 9904 | €5,832 | €15,594 | +€9,762 | +167.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,832 | €15,594 | +€9,762 | +167.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.