FURK: 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.
FURK
Largest movements
- Cash +€32,316
up €32,316 (+106%), from €30,518 to €62,834
mainly Contributions, distributions and other (+€20,889) and Tax, wage and social debts (+€16,683)
- Receivables within one year +€9,522
up €9,522 (+28.7%), from €33,213 to €42,735
of which Trade receivables: +€5,342
- Tangible fixed assets +€1,320
up €1,320 (+122%), from €1,084 to €2,404
- Tax, wage and social debts +€16,683
up €16,683 (+113%), from €14,775 to €31,458
of which Taxes: +€16,246
- Contributions +€11,000
new in 2025: €11,000
- Trade debts +€8,950
up €8,950 (+81.7%), from €10,954 to €19,904
- Short-term financial debts +€4,097
up €4,097 (+6,503%), from €63 to €4,160
- Profit (loss) carried forward +€3,410
up €3,410 (+7.5%), from €45,289 to €48,699
- Staff costs +€51,943
up €51,943 (+1,153%), from €4,505 to €56,448
- Taxes -€17,001
no longer reported in 2025 (was €17,001)
- Gross operating margin -€15,587
down €15,587 (-23.2%), from €67,186 to €51,599
- Other operating charges +€770
up €770 (+1,540%), from €50 to €820
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 | €75,294 | €119,349 | +€44,055 | +58.5% |
| Fixed assets | 21/28 | €9,064 | €10,734 | +€1,670 | +18.4% |
| Tangible fixed assets | 22/27 | €1,084 | €2,404 | +€1,320 | +122% |
| Furniture and vehicles | 24 | €1,084 | €2,404 | +€1,320 | +122% |
| Financial fixed assets | 28 | €7,980 | €8,330 | +€350 | +4.4% |
| Current assets | 29/58 | €66,230 | €108,615 | +€42,385 | +64.0% |
| Amounts receivable within one year | 40/41 | €33,213 | €42,735 | +€9,522 | +28.7% |
| Trade receivables | 40 | €31,907 | €37,249 | +€5,342 | +16.7% |
| Other amounts receivable | 41 | €1,306 | €5,486 | +€4,180 | +320% |
| Cash at bank and in hand | 54/58 | €30,518 | €62,834 | +€32,316 | +106% |
| Deferred charges and accrued income | 490/1 | €2,499 | €3,046 | +€547 | +21.9% |
| Total equity and liabilities | 10/49 | €75,294 | €119,349 | +€44,055 | +58.5% |
| Equity | 10/15 | €45,289 | €59,699 | +€14,410 | +31.8% |
| Contributions | 10/11 | - | €11,000 | +€11,000 | |
| Profit (loss) carried forward | 14 | €45,289 | €48,699 | +€3,410 | +7.5% |
| Amounts payable | 17/49 | €30,005 | €59,650 | +€29,645 | +98.8% |
| Amounts payable within one year | 42/48 | €25,792 | €55,522 | +€29,730 | +115% |
| Financial debts | 43 | €63 | €4,160 | +€4,097 | +6,503% |
| Credit institutions | 430/8 | €63 | €4,160 | +€4,097 | +6,503% |
| Trade debts | 44 | €10,954 | €19,904 | +€8,950 | +81.7% |
| Suppliers | 440/4 | €10,954 | €19,904 | +€8,950 | +81.7% |
| Taxes, remuneration and social security | 45 | €14,775 | €31,458 | +€16,683 | +113% |
| Taxes | 450/3 | €14,775 | €31,021 | +€16,246 | +110% |
| Remuneration and social security | 454/9 | - | €437 | +€437 | |
| Accrued charges and deferred income | 492/3 | €4,213 | €4,128 | -€85 | -2.0% |
| Remuneration, social security and pensions | 62 | €4,505 | €56,448 | +€51,943 | +1,153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211 | €663 | +€452 | +214% |
| Other operating charges | 640/8 | €50 | €820 | +€770 | +1,540% |
| Gross operating margin | 9900 | €67,186 | €51,599 | -€15,587 | -23.2% |
| Operating profit (loss) | 9901 | €62,420 | -€6,332 | -€68,752 | |
| Financial charges | 65/66B | €130 | €147 | +€17 | +13.1% |
| Recurring financial charges | 65 | €130 | €147 | +€17 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €62,290 | -€6,479 | -€68,769 | |
| Income taxes | 67/77 | €17,001 | - | -€17,001 | |
| Profit (loss) for the period | 9904 | €45,289 | -€6,479 | -€51,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,289 | -€6,479 | -€51,768 |
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 18 October 2026 via checked.be.