FURORE: 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.
FURORE
Largest movements
- Tangible fixed assets -€18,758
down €18,758 (-19.4%), from €96,483 to €77,725
- Receivables within one year +€10,301
up €10,301 (+58.5%), from €17,611 to €27,912
of which Other amounts receivable: +€7,963
- Cash +€1,911
up €1,911 (+366.3%), from €522 to €2,433
mainly Depreciation (+€18,758) and Net result for the year (+€7,706)
- Deferred charges and accrued income +€1,771
up €1,771 (+11054.8%), from €16 to €1,787
- Debts after one year -€13,874
down €13,874 (-29.5%), from €47,062 to €33,188
- Profit (loss) carried forward +€7,706
up €7,706 (+34.4%), from €22,374 to €30,080
- Tax, wage and social debts +€2,991
up €2,991 (+36.4%), from €8,221 to €11,212
of which Remuneration and social security: +€1,914
- Current portion of long-term debt -€1,839
down €1,839 (-6.7%), from €27,460 to €25,621
- Trade debts +€1,780
up €1,780 (+23.8%), from €7,476 to €9,256
- Gross operating margin -€66,346
down €66,346 (-45.4%), from €146,164 to €79,818
- Staff costs -€37,357
down €37,357 (-44.9%), from €83,137 to €45,780
- Depreciation -€6,477
down €6,477 (-25.7%), from €25,235 to €18,758
- Taxes -€3,689
down €3,689 (-59.6%), from €6,190 to €2,501
- Financial charges -€3,379
down €3,379 (-37.3%), from €9,055 to €5,676
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 | €114,632 | €109,857 | -€4,775 | -4.2% |
| Fixed assets | 21/28 | €96,483 | €77,725 | -€18,758 | -19.4% |
| Tangible fixed assets | 22/27 | €96,483 | €77,725 | -€18,758 | -19.4% |
| Land and buildings | 22 | €27,413 | €24,005 | -€3,408 | -12.4% |
| Plant, machinery and equipment | 23 | €39,102 | €30,037 | -€9,065 | -23.2% |
| Furniture and vehicles | 24 | €29,967 | €23,683 | -€6,284 | -21.0% |
| Current assets | 29/58 | €18,149 | €32,132 | +€13,983 | +77.0% |
| Amounts receivable within one year | 40/41 | €17,611 | €27,912 | +€10,301 | +58.5% |
| Trade receivables | 40 | - | €2,338 | +€2,338 | |
| Other amounts receivable | 41 | €17,611 | €25,574 | +€7,963 | +45.2% |
| Cash at bank and in hand | 54/58 | €522 | €2,433 | +€1,911 | +366.3% |
| Deferred charges and accrued income | 490/1 | €16 | €1,787 | +€1,771 | +11054.8% |
| Total equity and liabilities | 10/49 | €114,632 | €109,857 | -€4,775 | -4.2% |
| Equity | 10/15 | €22,874 | €30,580 | +€7,706 | +33.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,374 | €30,080 | +€7,706 | +34.4% |
| Amounts payable | 17/49 | €91,758 | €79,277 | -€12,481 | -13.6% |
| Amounts payable after more than one year | 17 | €47,062 | €33,188 | -€13,874 | -29.5% |
| Financial debts | 170/4 | €47,062 | €33,188 | -€13,874 | -29.5% |
| Amounts payable within one year | 42/48 | €43,861 | €46,089 | +€2,228 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €27,460 | €25,621 | -€1,839 | -6.7% |
| Financial debts | 43 | €704 | - | -€704 | |
| Credit institutions | 430/8 | €704 | - | -€704 | |
| Trade debts | 44 | €7,476 | €9,256 | +€1,780 | +23.8% |
| Suppliers | 440/4 | €7,476 | €9,256 | +€1,780 | +23.8% |
| Taxes, remuneration and social security | 45 | €8,221 | €11,212 | +€2,991 | +36.4% |
| Taxes | 450/3 | €8,121 | €9,198 | +€1,077 | +13.3% |
| Remuneration and social security | 454/9 | €100 | €2,014 | +€1,914 | +1914.0% |
| Accrued charges and deferred income | 492/3 | €835 | - | -€835 | |
| Remuneration, social security and pensions | 62 | €83,137 | €45,780 | -€37,357 | -44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,235 | €18,758 | -€6,477 | -25.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €295 | +€295 | |
| Other operating charges | 640/8 | €732 | €242 | -€490 | -66.9% |
| Gross operating margin | 9900 | €146,164 | €79,818 | -€66,346 | -45.4% |
| Operating profit (loss) | 9901 | €37,060 | €14,743 | -€22,317 | -60.2% |
| Financial income | 75/76B | €559 | €1,140 | +€581 | +104.0% |
| Recurring financial income | 75 | €559 | €1,140 | +€581 | +104.0% |
| Financial charges | 65/66B | €9,055 | €5,676 | -€3,379 | -37.3% |
| Recurring financial charges | 65 | €9,055 | €5,676 | -€3,379 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €28,564 | €10,207 | -€18,357 | -64.3% |
| Income taxes | 67/77 | €6,190 | €2,501 | -€3,689 | -59.6% |
| Profit (loss) for the period | 9904 | €22,374 | €7,706 | -€14,668 | -65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,374 | €7,706 | -€14,668 | -65.6% |
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 2 October 2026 via checked.be.