FUROO: 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.
FUROO
Largest movements
- Cash +€220,032
up €220,032 (+166%), from €132,830 to €352,862
mainly Debts after one year (+€310,898) and Depreciation (+€205,969)
- Intangible fixed assets +€121,701
up €121,701 (+10.4%), from €1.2m to €1.3m
- Receivables within one year +€32,474
up €32,474 (+68.0%), from €47,738 to €80,212
of which Trade receivables: +€31,082
- Debts after one year +€310,898
up €310,898 (+246%), from €126,628 to €437,526
- Current portion of long-term debt -€56,006
down €56,006 (-38.6%), from €145,108 to €89,102
- Profit (loss) carried forward +€54,935
up €54,935 (+18.0%), from €305,699 to €360,634
- Trade debts +€34,055
up €34,055 (+51.1%), from €66,588 to €100,642
- Contributions +€29,810
up €29,810 (+4.9%), from €603,492 to €633,302
- Gross operating margin +€86,052
up €86,052 (+42.8%), from €201,178 to €287,230
- Depreciation +€30,958
up €30,958 (+17.7%), from €175,011 to €205,969
- Staff costs +€16,178
up €16,178, from €0 to €16,178
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 | €1,353,912 | €1,729,784 | +€375,872 | +27.8% |
| Fixed assets | 21/28 | €1,172,443 | €1,293,768 | +€121,325 | +10.3% |
| Intangible fixed assets | 21 | €1,171,161 | €1,292,862 | +€121,701 | +10.4% |
| Tangible fixed assets | 22/27 | €432 | €56 | -€376 | -87.1% |
| Furniture and vehicles | 24 | €432 | €56 | -€376 | -87.1% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €181,469 | €436,016 | +€254,547 | +140% |
| Amounts receivable after more than one year | 29 | €34 | €34 | = | 0.0% |
| Trade receivables | 290 | €34 | - | -€34 | |
| Other amounts receivable | 291 | - | €34 | +€34 | |
| Amounts receivable within one year | 40/41 | €47,738 | €80,212 | +€32,474 | +68.0% |
| Trade receivables | 40 | €40,344 | €71,426 | +€31,082 | +77.0% |
| Other amounts receivable | 41 | €7,394 | €8,786 | +€1,392 | +18.8% |
| Cash at bank and in hand | 54/58 | €132,830 | €352,862 | +€220,032 | +166% |
| Deferred charges and accrued income | 490/1 | €867 | €2,908 | +€2,041 | +235% |
| Total equity and liabilities | 10/49 | €1,353,912 | €1,729,784 | +€375,872 | +27.8% |
| Equity | 10/15 | €909,191 | €993,937 | +€84,746 | +9.3% |
| Contributions | 10/11 | €603,492 | €633,302 | +€29,810 | +4.9% |
| Profit (loss) carried forward | 14 | €305,699 | €360,634 | +€54,935 | +18.0% |
| Amounts payable | 17/49 | €444,721 | €735,847 | +€291,126 | +65.5% |
| Amounts payable after more than one year | 17 | €126,628 | €437,526 | +€310,898 | +246% |
| Financial debts | 170/4 | €126,628 | €437,526 | +€310,898 | +246% |
| Amounts payable within one year | 42/48 | €310,667 | €294,699 | -€15,968 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €145,108 | €89,102 | -€56,006 | -38.6% |
| Financial debts | 43 | - | €2,050 | +€2,050 | |
| Credit institutions | 430/8 | - | €2,050 | +€2,050 | |
| Trade debts | 44 | €66,588 | €100,642 | +€34,055 | +51.1% |
| Suppliers | 440/4 | €66,588 | €100,642 | +€34,055 | +51.1% |
| Taxes, remuneration and social security | 45 | €0 | €3,937 | +€3,937 | |
| Taxes | 450/3 | €0 | €1,100 | +€1,100 | |
| Remuneration and social security | 454/9 | - | €2,836 | +€2,836 | |
| Other amounts payable | 47/48 | €98,971 | €98,968 | -€4 | 0.0% |
| Accrued charges and deferred income | 492/3 | €7,426 | €3,622 | -€3,803 | -51.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | €16,178 | +€16,178 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,011 | €205,969 | +€30,958 | +17.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €426 | €0 | -€426 | -100% |
| Other operating charges | 640/8 | €2,684 | €1,124 | -€1,559 | -58.1% |
| Gross operating margin | 9900 | €201,178 | €287,230 | +€86,052 | +42.8% |
| Operating profit (loss) | 9901 | €23,057 | €63,958 | +€40,901 | +177% |
| Financial income | 75/76B | €1,895 | €1,514 | -€381 | -20.1% |
| Recurring financial income | 75 | €1,895 | €1,514 | -€381 | -20.1% |
| Financial charges | 65/66B | €6,848 | €8,396 | +€1,548 | +22.6% |
| Recurring financial charges | 65 | €6,848 | €8,396 | +€1,548 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €18,104 | €57,077 | +€38,973 | +215% |
| Income taxes | 67/77 | €358 | €2,141 | +€1,783 | +498% |
| Profit (loss) for the period | 9904 | €17,746 | €54,935 | +€37,190 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €17,746 | €54,935 | +€37,190 | +210% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.