FUSION WOK: 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.
FUSION WOK
Largest movements
- Cash -€12,410
down €12,410 (-13.7%), from €90,366 to €77,956
mainly Investment in fixed assets (net) (-€20,429) and Tax, wage and social debts (-€13,842)
- Tangible fixed assets +€7,646
up €7,646 (+32.3%), from €23,678 to €31,324
of which Furniture and vehicles: +€12,165
- Stocks and contracts -€5,801
down €5,801 (-30.2%), from €19,182 to €13,381
- Receivables within one year +€4,574
up €4,574 (+73.8%), from €6,197 to €10,771
of which Other amounts receivable: +€6,975
- Tax, wage and social debts -€13,842
down €13,842 (-68.3%), from €20,253 to €6,411
of which Taxes: -€9,906
- Trade debts +€5,044
up €5,044 (+121%), from €4,162 to €9,205
- Other debts +€4,260
up €4,260 (+5,993%), from €71 to €4,331
- Reserves -€1,452
down €1,452 (-42.0%), from €3,457 to €2,005
- Gross operating margin -€67,943
down €67,943 (-58.5%), from €116,109 to €48,167
- Staff costs -€16,600
down €16,600 (-34.5%), from €48,183 to €31,583
- Depreciation -€10,940
down €10,940 (-46.1%), from €23,722 to €12,782
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 | €139,543 | €133,552 | -€5,991 | -4.3% |
| Fixed assets | 21/28 | €23,678 | €31,324 | +€7,646 | +32.3% |
| Tangible fixed assets | 22/27 | €23,678 | €31,324 | +€7,646 | +32.3% |
| Plant, machinery and equipment | 23 | €7,897 | €5,953 | -€1,944 | -24.6% |
| Furniture and vehicles | 24 | €8,653 | €20,817 | +€12,165 | +141% |
| Other tangible fixed assets | 26 | €7,128 | €4,554 | -€2,574 | -36.1% |
| Current assets | 29/58 | €115,865 | €102,228 | -€13,637 | -11.8% |
| Stocks and contracts in progress | 3 | €19,182 | €13,381 | -€5,801 | -30.2% |
| Stocks | 30/36 | €19,182 | €13,381 | -€5,801 | -30.2% |
| Amounts receivable within one year | 40/41 | €6,197 | €10,771 | +€4,574 | +73.8% |
| Trade receivables | 40 | €5,761 | €3,360 | -€2,401 | -41.7% |
| Other amounts receivable | 41 | €435 | €7,411 | +€6,975 | +1,602% |
| Cash at bank and in hand | 54/58 | €90,366 | €77,956 | -€12,410 | -13.7% |
| Deferred charges and accrued income | 490/1 | €120 | €120 | = | 0.0% |
| Total equity and liabilities | 10/49 | €139,543 | €133,552 | -€5,991 | -4.3% |
| Equity | 10/15 | €115,057 | €113,605 | -€1,452 | -1.3% |
| Contributions | 10/11 | €111,600 | €111,600 | = | 0.0% |
| Reserves | 13 | €3,457 | €2,005 | -€1,452 | -42.0% |
| Distributable reserves | 133 | €3,457 | €2,005 | -€1,452 | -42.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €24,486 | €19,947 | -€4,539 | -18.5% |
| Amounts payable within one year | 42/48 | €24,486 | €19,947 | -€4,539 | -18.5% |
| Trade debts | 44 | €4,162 | €9,205 | +€5,044 | +121% |
| Suppliers | 440/4 | €4,162 | €9,205 | +€5,044 | +121% |
| Taxes, remuneration and social security | 45 | €20,253 | €6,411 | -€13,842 | -68.3% |
| Taxes | 450/3 | €11,766 | €1,859 | -€9,906 | -84.2% |
| Remuneration and social security | 454/9 | €8,488 | €4,552 | -€3,936 | -46.4% |
| Other amounts payable | 47/48 | €71 | €4,331 | +€4,260 | +5,993% |
| Remuneration, social security and pensions | 62 | €48,183 | €31,583 | -€16,600 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,722 | €12,782 | -€10,940 | -46.1% |
| Other operating charges | 640/8 | €2,724 | €2,143 | -€581 | -21.3% |
| Non-recurring operating charges | 66A | - | €1,915 | +€1,915 | |
| Gross operating margin | 9900 | €116,109 | €48,167 | -€67,943 | -58.5% |
| Operating profit (loss) | 9901 | €41,480 | -€256 | -€41,736 | |
| Financial income | 75/76B | €13 | €0 | -€13 | -100% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100% |
| Financial charges | 65/66B | €670 | €1,052 | +€382 | +57.0% |
| Recurring financial charges | 65 | €670 | €1,052 | +€382 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €40,823 | -€1,308 | -€42,131 | |
| Income taxes | 67/77 | €170 | €144 | -€26 | -15.3% |
| Profit (loss) for the period | 9904 | €40,653 | -€1,452 | -€42,105 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,653 | -€1,452 | -€42,105 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.