FURA: 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.
FURA
Largest movements
- Receivables within one year -€559,015
down €559,015 (-66.4%), from €842,150 to €283,135
of which Trade receivables: -€772,814
- Contributions -€600,000
down €600,000 (-77.2%), from €777,600 to €177,600
- Profit (loss) carried forward +€28,191
up €28,191 (+53.6%), from €52,590 to €80,781
- Other debts +€10,079
new in 2025: €10,079
- Financial charges -€160,480
down €160,480 (-95.5%), from €168,073 to €7,594
- Financial income -€66,140
down €66,140 (-61.1%), from €108,287 to €42,147
- Gross operating margin +€51,306
up €51,306 (+89.0%), from -€57,669 to -€6,362
- Taxes +€4,761
no longer reported in 2025 (was -€4,761)
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 | €842,192 | €283,172 | -€559,020 | -66.4% |
| Current assets | 29/58 | €842,192 | €283,172 | -€559,020 | -66.4% |
| Amounts receivable within one year | 40/41 | €842,150 | €283,135 | -€559,015 | -66.4% |
| Trade receivables | 40 | €842,150 | €69,336 | -€772,814 | -91.8% |
| Other amounts receivable | 41 | - | €213,799 | +€213,799 | |
| Cash at bank and in hand | 54/58 | €42 | €37 | -€5 | -12.6% |
| Total equity and liabilities | 10/49 | €842,192 | €283,172 | -€559,020 | -66.4% |
| Equity | 10/15 | €839,614 | €267,804 | -€571,809 | -68.1% |
| Contributions | 10/11 | €777,600 | €177,600 | -€600,000 | -77.2% |
| Capital | 10 | €777,600 | €177,600 | -€600,000 | -77.2% |
| Issued capital | 100 | €777,600 | €177,600 | -€600,000 | -77.2% |
| Reserves | 13 | €9,424 | €9,424 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,424 | €9,424 | = | 0.0% |
| Legal reserve | 130 | €9,424 | €9,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,590 | €80,781 | +€28,191 | +53.6% |
| Amounts payable | 17/49 | €2,578 | €15,368 | +€12,789 | +496% |
| Amounts payable within one year | 42/48 | €2,578 | €15,368 | +€12,789 | +496% |
| Financial debts | 43 | €1,994 | €958 | -€1,036 | -52.0% |
| Credit institutions | 430/8 | €1,994 | €958 | -€1,036 | -52.0% |
| Trade debts | 44 | €584 | €4,331 | +€3,747 | +641% |
| Suppliers | 440/4 | €584 | €4,331 | +€3,747 | +641% |
| Other amounts payable | 47/48 | - | €10,079 | +€10,079 | |
| Gross operating margin | 9900 | -€57,669 | -€6,362 | +€51,306 | +89.0% |
| Operating profit (loss) | 9901 | -€57,669 | -€6,362 | +€51,306 | +89.0% |
| Financial income | 75/76B | €108,287 | €42,147 | -€66,140 | -61.1% |
| Recurring financial income | 75 | €108,287 | €42,147 | -€66,140 | -61.1% |
| Financial charges | 65/66B | €168,073 | €7,594 | -€160,480 | -95.5% |
| Recurring financial charges | 65 | €168,073 | €7,594 | -€160,480 | -95.5% |
| Profit (loss) for the period before taxes | 9903 | -€117,455 | €28,191 | +€145,645 | |
| Income taxes | 67/77 | -€4,761 | - | +€4,761 | |
| Profit (loss) for the period | 9904 | -€112,694 | €28,191 | +€140,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€112,694 | €28,191 | +€140,884 |
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 13 October 2026 via checked.be.