FURY: 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.
FURY
Largest movements
- Tangible fixed assets -€164,459
down €164,459 (-14.8%), from €1.1m to €946,446
of which Furniture and vehicles: -€140,339
- Cash +€103,091
up €103,091 (+36.1%), from €285,906 to €388,997
mainly Depreciation (+€269,684) and Trade debts (+€2,445)
- Receivables within one year +€39,200
up €39,200 (+29.7%), from €131,981 to €171,181
of which Trade receivables: +€29,495
- Profit (loss) carried forward -€25,889
down €25,889 (-2.6%), from €981,753 to €955,864
- Gross operating margin -€175,660
down €175,660 (-15.9%), from €1.1m to €931,616
- Taxes -€45,831
down €45,831 (-84.5%), from €54,221 to €8,390
- Staff costs +€30,343
up €30,343 (+5.1%), from €597,690 to €628,033
- Depreciation +€11,678
up €11,678 (+4.5%), from €258,006 to €269,684
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 | €1,529,580 | €1,507,412 | -€22,168 | -1.4% |
| Fixed assets | 21/28 | €1,111,692 | €947,233 | -€164,459 | -14.8% |
| Tangible fixed assets | 22/27 | €1,110,905 | €946,446 | -€164,459 | -14.8% |
| Land and buildings | 22 | €323,549 | €292,294 | -€31,255 | -9.7% |
| Plant, machinery and equipment | 23 | €4,810 | €11,945 | +€7,135 | +148.3% |
| Furniture and vehicles | 24 | €782,546 | €642,207 | -€140,339 | -17.9% |
| Financial fixed assets | 28 | €787 | €787 | = | 0.0% |
| Current assets | 29/58 | €417,888 | €560,179 | +€142,291 | +34.1% |
| Amounts receivable within one year | 40/41 | €131,981 | €171,181 | +€39,200 | +29.7% |
| Trade receivables | 40 | €119,686 | €149,181 | +€29,495 | +24.6% |
| Other amounts receivable | 41 | €12,295 | €22,000 | +€9,705 | +78.9% |
| Cash at bank and in hand | 54/58 | €285,906 | €388,997 | +€103,091 | +36.1% |
| Total equity and liabilities | 10/49 | €1,529,580 | €1,507,412 | -€22,168 | -1.4% |
| Equity | 10/15 | €1,394,180 | €1,368,291 | -€25,889 | -1.9% |
| Contributions | 10/11 | €272,683 | €272,683 | = | 0.0% |
| Reserves | 13 | €139,745 | €139,745 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,268 | €27,268 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,268 | €27,268 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,533 | €49,533 | = | 0.0% |
| Distributable reserves | 133 | €62,944 | €62,944 | = | 0.0% |
| Profit (loss) carried forward | 14 | €981,753 | €955,864 | -€25,889 | -2.6% |
| Amounts payable | 17/49 | €135,399 | €139,121 | +€3,722 | +2.7% |
| Amounts payable within one year | 42/48 | €135,399 | €139,121 | +€3,722 | +2.7% |
| Trade debts | 44 | €64,909 | €67,354 | +€2,445 | +3.8% |
| Suppliers | 440/4 | €64,909 | €67,354 | +€2,445 | +3.8% |
| Taxes, remuneration and social security | 45 | €70,490 | €71,767 | +€1,277 | +1.8% |
| Taxes | 450/3 | €14,501 | €13,118 | -€1,383 | -9.5% |
| Remuneration and social security | 454/9 | €55,990 | €58,650 | +€2,660 | +4.8% |
| Non-recurring operating income | 76A | €5,738 | €289 | -€5,449 | -95.0% |
| Remuneration, social security and pensions | 62 | €597,690 | €628,033 | +€30,343 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258,006 | €269,684 | +€11,678 | +4.5% |
| Other operating charges | 640/8 | €17,903 | €16,989 | -€914 | -5.1% |
| Non-recurring operating charges | 66A | €43,337 | €33,688 | -€9,649 | -22.3% |
| Gross operating margin | 9900 | €1,107,276 | €931,616 | -€175,660 | -15.9% |
| Operating profit (loss) | 9901 | €190,340 | -€16,778 | -€207,118 | |
| Financial income | 75/76B | €5,048 | €1,311 | -€3,737 | -74.0% |
| Recurring financial income | 75 | €5,048 | €1,311 | -€3,737 | -74.0% |
| Financial charges | 65/66B | €2,424 | €2,032 | -€392 | -16.2% |
| Recurring financial charges | 65 | €2,424 | €2,032 | -€392 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €192,964 | -€17,499 | -€210,463 | |
| Income taxes | 67/77 | €54,221 | €8,390 | -€45,831 | -84.5% |
| Profit (loss) for the period | 9904 | €138,743 | -€25,889 | -€164,633 | |
| Profit (loss) for the period to be appropriated | 9905 | €138,743 | -€25,889 | -€164,633 |
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 7 October 2026 via checked.be.