Fullerstone Properties: 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.
Fullerstone Properties
Largest movements
- Financial fixed assets +€2.0m
up €2.0m (+301%), from €665,000 to €2.7m
- Receivables within one year -€603,292
down €603,292 (-17.0%), from €3.6m to €3.0m
of which Other amounts receivable: -€584,127
- Current portion of long-term debt +€1.3m
up €1.3m (+34.5%), from €3.9m to €5.3m
- Debts after one year -€266,787
down €266,787 (-8.4%), from €3.2m to €2.9m
- Accrued charges and deferred income +€255,466
up €255,466 (+749%), from €34,110 to €289,575
- Financial charges +€261,957
up €261,957 (+87.4%), from €299,623 to €561,580
- Gross operating margin +€232,945
up €232,945 (+81.4%), from €286,127 to €519,072
- Financial income +€45,568
up €45,568 (+125%), from €36,477 to €82,045
of which Financial income: +€35,968
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 | €8,355,751 | €9,738,376 | +€1.4m | +16.5% |
| Fixed assets | 21/28 | €665,000 | €2,665,000 | +€2.0m | +301% |
| Financial fixed assets | 28 | €665,000 | €2,665,000 | +€2.0m | +301% |
| Current assets | 29/58 | €7,690,751 | €7,073,376 | -€617,375 | -8.0% |
| Stocks and contracts in progress | 3 | €4,122,240 | €4,119,847 | -€2,393 | -0.1% |
| Stocks | 30/36 | €4,122,240 | €4,119,847 | -€2,393 | -0.1% |
| Amounts receivable within one year | 40/41 | €3,556,658 | €2,953,366 | -€603,292 | -17.0% |
| Trade receivables | 40 | €43,944 | €24,779 | -€19,165 | -43.6% |
| Other amounts receivable | 41 | €3,512,714 | €2,928,587 | -€584,127 | -16.6% |
| Cash at bank and in hand | 54/58 | €11,853 | €163 | -€11,690 | -98.6% |
| Total equity and liabilities | 10/49 | €8,355,751 | €9,738,376 | +€1.4m | +16.5% |
| Equity | 10/15 | €486,475 | €515,150 | +€28,676 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €467,875 | €496,550 | +€28,676 | +6.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €67,640 | €0 | -€67,640 | -100% |
| Distributable reserves | 133 | €400,235 | €496,550 | +€96,316 | +24.1% |
| Amounts payable | 17/49 | €7,869,277 | €9,223,226 | +€1.4m | +17.2% |
| Amounts payable after more than one year | 17 | €3,178,515 | €2,911,728 | -€266,787 | -8.4% |
| Financial debts | 170/4 | €3,178,515 | €2,911,728 | -€266,787 | -8.4% |
| Amounts payable within one year | 42/48 | €4,656,652 | €6,021,922 | +€1.4m | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €3,903,703 | €5,250,000 | +€1.3m | +34.5% |
| Financial debts | 43 | - | €18,539 | +€18,539 | |
| Credit institutions | 430/8 | - | €18,539 | +€18,539 | |
| Trade debts | 44 | €118 | €1,685 | +€1,567 | +1,328% |
| Suppliers | 440/4 | €118 | €1,685 | +€1,567 | +1,328% |
| Taxes, remuneration and social security | 45 | €6,102 | €10,741 | +€4,640 | +76.0% |
| Taxes | 450/3 | €6,102 | €10,741 | +€4,640 | +76.0% |
| Other amounts payable | 47/48 | €746,730 | €740,957 | -€5,772 | -0.8% |
| Accrued charges and deferred income | 492/3 | €34,110 | €289,575 | +€255,466 | +749% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €286,127 | €519,072 | +€232,945 | +81.4% |
| Operating profit (loss) | 9901 | €286,009 | €518,952 | +€232,943 | +81.4% |
| Financial income | 75/76B | €36,477 | €82,045 | +€45,568 | +125% |
| Recurring financial income | 75 | €36,477 | €72,445 | +€35,968 | +98.6% |
| Non-recurring financial income | 76B | - | €9,600 | +€9,600 | |
| Financial charges | 65/66B | €299,623 | €561,580 | +€261,957 | +87.4% |
| Recurring financial charges | 65 | €299,623 | €561,580 | +€261,957 | +87.4% |
| Profit (loss) for the period before taxes | 9903 | €22,863 | €39,417 | +€16,554 | +72.4% |
| Income taxes | 67/77 | €6,102 | €10,741 | +€4,640 | +76.0% |
| Profit (loss) for the period | 9904 | €16,761 | €28,676 | +€11,915 | +71.1% |
| Transfer from tax-exempt reserves | 789 | - | €67,640 | +€67,640 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,761 | €96,316 | +€79,555 | +475% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.