FURORA: 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.
FURORA
Largest movements
- Current investments +€117,742
new in 2025: €117,742
- Cash -€38,319
down €38,319 (-16.6%), from €230,872 to €192,553
mainly Current investments (-€117,742) and Contributions, distributions and other (-€21,367)
- Tangible fixed assets +€11,774
up €11,774 (+150.3%), from €7,832 to €19,605
of which Furniture and vehicles: +€8,030
- Receivables within one year +€5,166
up €5,166 (+18.1%), from €28,536 to €33,702
of which Trade receivables: +€4,238
- Reserves +€104,383
up €104,383 (+48.4%), from €215,569 to €319,953
- Tax, wage and social debts -€16,374
down €16,374 (-62.0%), from €26,418 to €10,044
- Other debts +€7,420
up €7,420 (+42.9%), from €17,276 to €24,697
- Gross operating margin +€54,693
up €54,693 (+47.6%), from €114,974 to €169,666
- Write-downs +€1,794
new in 2025: €1,794
- Financial charges +€1,770
up €1,770 (+216.9%), from €816 to €2,586
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 | €269,526 | €365,868 | +€96,342 | +35.7% |
| Fixed assets | 21/28 | €7,832 | €19,605 | +€11,774 | +150.3% |
| Tangible fixed assets | 22/27 | €7,832 | €19,605 | +€11,774 | +150.3% |
| Furniture and vehicles | 24 | €2,381 | €10,411 | +€8,030 | +337.2% |
| Other tangible fixed assets | 26 | €5,451 | €9,195 | +€3,744 | +68.7% |
| Current assets | 29/58 | €261,694 | €346,262 | +€84,568 | +32.3% |
| Amounts receivable within one year | 40/41 | €28,536 | €33,702 | +€5,166 | +18.1% |
| Trade receivables | 40 | €28,536 | €32,774 | +€4,238 | +14.9% |
| Other amounts receivable | 41 | - | €928 | +€928 | |
| Current investments | 50/53 | - | €117,742 | +€117,742 | |
| Cash at bank and in hand | 54/58 | €230,872 | €192,553 | -€38,319 | -16.6% |
| Deferred charges and accrued income | 490/1 | €2,287 | €2,266 | -€21 | -0.9% |
| Total equity and liabilities | 10/49 | €269,526 | €365,868 | +€96,342 | +35.7% |
| Equity | 10/15 | €220,569 | €324,953 | +€104,383 | +47.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €215,569 | €319,953 | +€104,383 | +48.4% |
| Distributable reserves | 133 | €215,569 | €319,953 | +€104,383 | +48.4% |
| Amounts payable | 17/49 | €48,957 | €40,915 | -€8,042 | -16.4% |
| Amounts payable within one year | 42/48 | €48,352 | €40,915 | -€7,437 | -15.4% |
| Financial debts | 43 | €1,217 | €1,997 | +€781 | +64.2% |
| Credit institutions | 430/8 | €1,217 | €1,997 | +€781 | +64.2% |
| Trade debts | 44 | €3,441 | €4,177 | +€736 | +21.4% |
| Suppliers | 440/4 | €3,441 | €4,177 | +€736 | +21.4% |
| Taxes, remuneration and social security | 45 | €26,418 | €10,044 | -€16,374 | -62.0% |
| Taxes | 450/3 | €26,418 | €10,044 | -€16,374 | -62.0% |
| Other amounts payable | 47/48 | €17,276 | €24,697 | +€7,420 | +42.9% |
| Accrued charges and deferred income | 492/3 | €605 | - | -€605 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,914 | €6,814 | -€100 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,794 | +€1,794 | |
| Other operating charges | 640/8 | €463 | €954 | +€490 | +105.8% |
| Gross operating margin | 9900 | €114,974 | €169,666 | +€54,693 | +47.6% |
| Operating profit (loss) | 9901 | €107,596 | €160,104 | +€52,508 | +48.8% |
| Financial income | 75/76B | €10 | €15 | +€5 | +48.1% |
| Recurring financial income | 75 | €10 | €15 | +€5 | +48.1% |
| Financial charges | 65/66B | €816 | €2,586 | +€1,770 | +216.9% |
| Recurring financial charges | 65 | €816 | €2,586 | +€1,770 | +216.9% |
| Profit (loss) for the period before taxes | 9903 | €106,790 | €157,533 | +€50,742 | +47.5% |
| Income taxes | 67/77 | €31,608 | €31,782 | +€174 | +0.6% |
| Profit (loss) for the period | 9904 | €75,182 | €125,750 | +€50,568 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,182 | €125,750 | +€50,568 | +67.3% |
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 5 October 2026 via checked.be.