FURACO: 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.
FURACO
Largest movements
- Receivables within one year +€75,616
up €75,616 (+271%), from €27,862 to €103,478
of which Trade receivables: +€46,233
- Tangible fixed assets -€4,761
down €4,761 (-38.6%), from €12,340 to €7,578
of which Furniture and vehicles: -€2,799
- Cash -€4,410
down €4,410 (-78.0%), from €5,653 to €1,244
mainly Receivables within one year (-€75,616) and Deferred charges and accrued income (-€114)
- Profit (loss) carried forward +€61,921
up €61,921 (+55.9%), from -€110,812 to -€48,891
- Trade debts +€3,799
up €3,799 (+14.8%), from €25,580 to €29,379
- Gross operating margin +€118,503
up €118,503, from -€49,632 to €68,871
- Write-downs -€9,431
no longer reported in 2025 (was €9,431)
- Other operating charges +€1,360
up €1,360 (+239%), from €569 to €1,929
- Depreciation -€1,121
down €1,121 (-19.1%), from €5,882 to €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 | €49,504 | €116,063 | +€66,559 | +134% |
| Fixed assets | 21/28 | €12,590 | €7,828 | -€4,761 | -37.8% |
| Tangible fixed assets | 22/27 | €12,340 | €7,578 | -€4,761 | -38.6% |
| Land and buildings | 22 | €1,962 | - | -€1,962 | |
| Furniture and vehicles | 24 | €10,377 | €7,578 | -€2,799 | -27.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €36,915 | €108,235 | +€71,320 | +193% |
| Amounts receivable within one year | 40/41 | €27,862 | €103,478 | +€75,616 | +271% |
| Trade receivables | 40 | €12,125 | €58,357 | +€46,233 | +381% |
| Other amounts receivable | 41 | €15,738 | €45,121 | +€29,383 | +187% |
| Cash at bank and in hand | 54/58 | €5,653 | €1,244 | -€4,410 | -78.0% |
| Deferred charges and accrued income | 490/1 | €3,399 | €3,513 | +€114 | +3.4% |
| Total equity and liabilities | 10/49 | €49,504 | €116,063 | +€66,559 | +134% |
| Equity | 10/15 | -€83,312 | -€21,391 | +€61,921 | +74.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,812 | -€48,891 | +€61,921 | +55.9% |
| Amounts payable | 17/49 | €132,817 | €137,454 | +€4,637 | +3.5% |
| Amounts payable within one year | 42/48 | €132,817 | €137,154 | +€4,337 | +3.3% |
| Trade debts | 44 | €25,580 | €29,379 | +€3,799 | +14.8% |
| Suppliers | 440/4 | €25,580 | €29,379 | +€3,799 | +14.8% |
| Other amounts payable | 47/48 | €107,236 | €107,775 | +€539 | +0.5% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,882 | €4,761 | -€1,121 | -19.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,431 | - | -€9,431 | |
| Other operating charges | 640/8 | €569 | €1,929 | +€1,360 | +239% |
| Gross operating margin | 9900 | -€49,632 | €68,871 | +€118,503 | |
| Operating profit (loss) | 9901 | -€65,515 | €62,180 | +€127,695 | |
| Financial income | 75/76B | €10 | €35 | +€25 | +250% |
| Recurring financial income | 75 | €10 | €35 | +€25 | +250% |
| Financial charges | 65/66B | €218 | €294 | +€75 | +34.5% |
| Recurring financial charges | 65 | €218 | €294 | +€75 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | -€65,723 | €61,921 | +€127,644 | |
| Profit (loss) for the period | 9904 | -€65,723 | €61,921 | +€127,644 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,723 | €61,921 | +€127,644 |
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 17 October 2026 via checked.be.