FULTURA: 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.
FULTURA
Largest movements
- Current investments +€18,100
up €18,100 (+301.7%), from €6,000 to €24,100
- Financial fixed assets +€12,040
up €12,040 (+172.0%), from €7,000 to €19,040
- Tangible fixed assets -€4,083
down €4,083 (-18.3%), from €22,276 to €18,193
of which Furniture and vehicles: -€4,118
- Reserves +€31,071
up €31,071 (+60.5%), from €51,363 to €82,434
- Tax, wage and social debts -€1,998
down €1,998 (-10.1%), from €19,807 to €17,809
- Trade debts -€1,637
down €1,637 (-48.1%), from €3,401 to €1,764
- Gross operating margin -€9,875
down €9,875 (-16.3%), from €60,750 to €50,875
- Taxes -€2,756
down €2,756 (-17.5%), from €15,780 to €13,025
- Depreciation +€1,251
up €1,251 (+23.9%), from €5,245 to €6,496
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 | €77,721 | €104,407 | +€26,686 | +34.3% |
| Fixed assets | 21/28 | €29,276 | €37,233 | +€7,957 | +27.2% |
| Tangible fixed assets | 22/27 | €22,276 | €18,193 | -€4,083 | -18.3% |
| Plant, machinery and equipment | 23 | €4,983 | €5,354 | +€371 | +7.5% |
| Furniture and vehicles | 24 | €14,364 | €10,245 | -€4,118 | -28.7% |
| Other tangible fixed assets | 26 | €2,929 | €2,593 | -€336 | -11.5% |
| Financial fixed assets | 28 | €7,000 | €19,040 | +€12,040 | +172.0% |
| Current assets | 29/58 | €48,446 | €67,174 | +€18,729 | +38.7% |
| Amounts receivable within one year | 40/41 | €11,440 | €11,789 | +€349 | +3.0% |
| Trade receivables | 40 | €7,988 | €9,378 | +€1,391 | +17.4% |
| Other amounts receivable | 41 | €3,453 | €2,411 | -€1,042 | -30.2% |
| Current investments | 50/53 | €6,000 | €24,100 | +€18,100 | +301.7% |
| Cash at bank and in hand | 54/58 | €30,118 | €30,345 | +€228 | +0.8% |
| Deferred charges and accrued income | 490/1 | €888 | €940 | +€52 | +5.9% |
| Total equity and liabilities | 10/49 | €77,721 | €104,407 | +€26,686 | +34.3% |
| Equity | 10/15 | €53,763 | €84,834 | +€31,071 | +57.8% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €51,363 | €82,434 | +€31,071 | +60.5% |
| Distributable reserves | 133 | €51,363 | €82,434 | +€31,071 | +60.5% |
| Amounts payable | 17/49 | €23,958 | €19,573 | -€4,386 | -18.3% |
| Amounts payable within one year | 42/48 | €23,208 | €19,573 | -€3,636 | -15.7% |
| Trade debts | 44 | €3,401 | €1,764 | -€1,637 | -48.1% |
| Suppliers | 440/4 | €3,401 | €1,764 | -€1,637 | -48.1% |
| Taxes, remuneration and social security | 45 | €19,807 | €17,809 | -€1,998 | -10.1% |
| Taxes | 450/3 | €19,807 | €17,809 | -€1,998 | -10.1% |
| Accrued charges and deferred income | 492/3 | €750 | - | -€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,245 | €6,496 | +€1,251 | +23.9% |
| Other operating charges | 640/8 | €269 | €274 | +€5 | +1.8% |
| Gross operating margin | 9900 | €60,750 | €50,875 | -€9,875 | -16.3% |
| Operating profit (loss) | 9901 | €55,236 | €44,105 | -€11,131 | -20.2% |
| Financial income | 75/76B | - | €40 | +€40 | |
| Recurring financial income | 75 | - | €40 | +€40 | |
| Financial charges | 65/66B | €48 | €50 | +€1 | +2.5% |
| Recurring financial charges | 65 | €48 | €50 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €55,188 | €44,096 | -€11,092 | -20.1% |
| Income taxes | 67/77 | €15,780 | €13,025 | -€2,756 | -17.5% |
| Profit (loss) for the period | 9904 | €39,407 | €31,071 | -€8,336 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,407 | €31,071 | -€8,336 | -21.2% |
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 8 October 2026 via checked.be.