FUROKE: 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.
FUROKE
Largest movements
- Cash -€14,852
down €14,852 (-17.4%), from €85,235 to €70,383
mainly Debts after one year (-€18,508) and Net result for the year (-€11,503)
- Tangible fixed assets -€12,870
down €12,870 (-5.2%), from €248,509 to €235,640
of which Land and buildings: -€17,287
- Debts after one year -€18,508
down €18,508 (-14.4%), from €128,868 to €110,360
- Profit (loss) carried forward -€11,503
down €11,503, from €0 to -€11,503
- Gross operating margin -€23,852
down €23,852 (-61.7%), from €38,658 to €14,806
- Depreciation -€4,553
down €4,553 (-19.2%), from €23,749 to €19,197
- Other operating charges -€3,004
down €3,004 (-46.2%), from €6,505 to €3,501
- Financial charges -€2,980
down €2,980 (-45.2%), from €6,592 to €3,612
- Financial income -€1,616
down €1,616 (-100.0%), from €1,616 to €0
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 | €338,199 | €310,763 | -€27,436 | -8.1% |
| Fixed assets | 21/28 | €248,509 | €235,640 | -€12,870 | -5.2% |
| Tangible fixed assets | 22/27 | €248,509 | €235,640 | -€12,870 | -5.2% |
| Land and buildings | 22 | €243,576 | €226,289 | -€17,287 | -7.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,933 | €9,351 | +€4,418 | +89.6% |
| Current assets | 29/58 | €89,690 | €75,123 | -€14,567 | -16.2% |
| Amounts receivable within one year | 40/41 | €4,454 | €4,740 | +€286 | +6.4% |
| Trade receivables | 40 | €2,445 | €2,459 | +€14 | +0.6% |
| Other amounts receivable | 41 | €2,010 | €2,281 | +€271 | +13.5% |
| Cash at bank and in hand | 54/58 | €85,235 | €70,383 | -€14,852 | -17.4% |
| Total equity and liabilities | 10/49 | €338,199 | €310,763 | -€27,436 | -8.1% |
| Equity | 10/15 | €76,904 | €65,401 | -€11,503 | -15.0% |
| Contributions | 10/11 | €74,482 | €74,482 | = | 0.0% |
| Reserves | 13 | €2,422 | €2,422 | = | 0.0% |
| Distributable reserves | 133 | €2,422 | €2,422 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€11,503 | -€11,503 | |
| Amounts payable | 17/49 | €261,296 | €245,363 | -€15,933 | -6.1% |
| Amounts payable after more than one year | 17 | €128,868 | €110,360 | -€18,508 | -14.4% |
| Financial debts | 170/4 | €128,868 | €110,360 | -€18,508 | -14.4% |
| Amounts payable within one year | 42/48 | €131,214 | €133,790 | +€2,576 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €17,524 | €18,200 | +€675 | +3.9% |
| Trade debts | 44 | €125 | €1,666 | +€1,541 | +1235.7% |
| Suppliers | 440/4 | €125 | €1,666 | +€1,541 | +1235.7% |
| Taxes, remuneration and social security | 45 | €3,123 | €2,143 | -€980 | -31.4% |
| Taxes | 450/3 | €3,123 | €2,143 | -€980 | -31.4% |
| Other amounts payable | 47/48 | €110,442 | €111,781 | +€1,339 | +1.2% |
| Accrued charges and deferred income | 492/3 | €1,213 | €1,213 | -€1 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,749 | €19,197 | -€4,553 | -19.2% |
| Other operating charges | 640/8 | €6,505 | €3,501 | -€3,004 | -46.2% |
| Gross operating margin | 9900 | €38,658 | €14,806 | -€23,852 | -61.7% |
| Operating profit (loss) | 9901 | €8,403 | -€7,891 | -€16,295 | |
| Financial income | 75/76B | €1,616 | €0 | -€1,616 | -100.0% |
| Recurring financial income | 75 | €1,616 | €0 | -€1,616 | -100.0% |
| Financial charges | 65/66B | €6,592 | €3,612 | -€2,980 | -45.2% |
| Recurring financial charges | 65 | €6,592 | €3,612 | -€2,980 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €3,427 | -€11,503 | -€14,930 | |
| Income taxes | 67/77 | €146 | €0 | -€146 | -100.0% |
| Profit (loss) for the period | 9904 | €3,281 | -€11,503 | -€14,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,281 | -€11,503 | -€14,784 |
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 6 October 2026 via checked.be.