FUSION POWERED IO: 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.
FUSION POWERED IO
Largest movements
- Cash -€154,995
down €154,995 (-76.9%), from €201,523 to €46,529
mainly Contributions, distributions and other (-€410,203) and Receivables within one year (-€9,386)
- Receivables within one year +€9,386
up €9,386 (+17.2%), from €54,509 to €63,895
of which Trade receivables: +€13,052
- Profit (loss) carried forward -€160,748
down €160,748 (-61.8%), from €260,203 to €99,455
- Tax, wage and social debts +€12,616
up €12,616 (+424.7%), from €2,970 to €15,586
- Gross operating margin +€235,498
up €235,498 (+227.6%), from €103,478 to €338,975
- Taxes +€58,834
up €58,834 (+280.6%), from €20,970 to €79,804
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 | €268,169 | €122,347 | -€145,822 | -54.4% |
| Fixed assets | 21/28 | €6,870 | €4,607 | -€2,264 | -32.9% |
| Tangible fixed assets | 22/27 | €6,870 | €4,607 | -€2,264 | -32.9% |
| Plant, machinery and equipment | 23 | €5,414 | €3,447 | -€1,967 | -36.3% |
| Furniture and vehicles | 24 | €1,457 | €1,160 | -€297 | -20.4% |
| Current assets | 29/58 | €261,299 | €117,740 | -€143,559 | -54.9% |
| Amounts receivable within one year | 40/41 | €54,509 | €63,895 | +€9,386 | +17.2% |
| Trade receivables | 40 | €50,647 | €63,699 | +€13,052 | +25.8% |
| Other amounts receivable | 41 | €3,862 | €196 | -€3,666 | -94.9% |
| Cash at bank and in hand | 54/58 | €201,523 | €46,529 | -€154,995 | -76.9% |
| Deferred charges and accrued income | 490/1 | €5,267 | €7,317 | +€2,050 | +38.9% |
| Total equity and liabilities | 10/49 | €268,169 | €122,347 | -€145,822 | -54.4% |
| Equity | 10/15 | €263,203 | €102,455 | -€160,748 | -61.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €260,203 | €99,455 | -€160,748 | -61.8% |
| Amounts payable | 17/49 | €4,966 | €19,892 | +€14,926 | +300.5% |
| Amounts payable within one year | 42/48 | €4,966 | €19,892 | +€14,926 | +300.5% |
| Trade debts | 44 | €1,438 | €3,874 | +€2,436 | +169.4% |
| Suppliers | 440/4 | €1,438 | €3,874 | +€2,436 | +169.4% |
| Taxes, remuneration and social security | 45 | €2,970 | €15,586 | +€12,616 | +424.7% |
| Taxes | 450/3 | €2,970 | €15,586 | +€12,616 | +424.7% |
| Other amounts payable | 47/48 | €558 | €432 | -€126 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,928 | €4,340 | +€412 | +10.5% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €103,478 | €338,975 | +€235,498 | +227.6% |
| Operating profit (loss) | 9901 | €99,550 | €334,236 | +€234,686 | +235.7% |
| Financial income | 75/76B | €5 | €4 | -€1 | -19.6% |
| Recurring financial income | 75 | €5 | €4 | -€1 | -19.6% |
| Financial charges | 65/66B | €4,772 | €4,980 | +€208 | +4.4% |
| Recurring financial charges | 65 | €4,772 | €4,980 | +€208 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €94,782 | €329,259 | +€234,477 | +247.4% |
| Income taxes | 67/77 | €20,970 | €79,804 | +€58,834 | +280.6% |
| Profit (loss) for the period | 9904 | €73,812 | €249,455 | +€175,643 | +238.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,812 | €249,455 | +€175,643 | +238.0% |
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 9 October 2026 via checked.be.