FUSIONHUB: 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.
FUSIONHUB
Largest movements
- Receivables within one year +€58,550
up €58,550 (+752.0%), from €7,786 to €66,336
of which Trade receivables: +€63,071
- Cash -€5,816
down €5,816 (-92.3%), from €6,298 to €482
mainly Receivables within one year (-€58,550) and Net result for the year (-€49,997)
- Stocks and contracts -€4,368
down €4,368 (-8.5%), from €51,269 to €46,902
- Other debts +€93,510
up €93,510 (+62.3%), from €150,000 to €243,510
- Profit (loss) carried forward -€49,997
down €49,997 (-31.6%), from -€158,027 to -€208,023
- Tax, wage and social debts +€4,399
up €4,399 (+48.3%), from €9,108 to €13,507
- Gross operating margin +€107,326
up €107,326 (+68.7%), from -€156,290 to -€48,964
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 | €66,846 | €115,054 | +€48,208 | +72.1% |
| Fixed assets | 21/28 | €1,493 | €1,335 | -€158 | -10.6% |
| Intangible fixed assets | 21 | €1,493 | €1,335 | -€158 | -10.6% |
| Current assets | 29/58 | €65,353 | €113,719 | +€48,366 | +74.0% |
| Stocks and contracts in progress | 3 | €51,269 | €46,902 | -€4,368 | -8.5% |
| Stocks | 30/36 | €51,269 | €46,902 | -€4,368 | -8.5% |
| Amounts receivable within one year | 40/41 | €7,786 | €66,336 | +€58,550 | +752.0% |
| Trade receivables | 40 | €2,881 | €65,953 | +€63,071 | +2188.9% |
| Other amounts receivable | 41 | €4,904 | €383 | -€4,521 | -92.2% |
| Cash at bank and in hand | 54/58 | €6,298 | €482 | -€5,816 | -92.3% |
| Total equity and liabilities | 10/49 | €66,846 | €115,054 | +€48,208 | +72.1% |
| Equity | 10/15 | -€150,027 | -€200,023 | -€49,997 | -33.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,027 | -€208,023 | -€49,997 | -31.6% |
| Amounts payable | 17/49 | €216,873 | €315,077 | +€98,205 | +45.3% |
| Amounts payable within one year | 42/48 | €216,873 | €315,077 | +€98,205 | +45.3% |
| Trade debts | 44 | €57,765 | €58,061 | +€296 | +0.5% |
| Suppliers | 440/4 | €57,765 | €58,061 | +€296 | +0.5% |
| Taxes, remuneration and social security | 45 | €9,108 | €13,507 | +€4,399 | +48.3% |
| Taxes | 450/3 | €9,108 | €13,507 | +€4,399 | +48.3% |
| Other amounts payable | 47/48 | €150,000 | €243,510 | +€93,510 | +62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87 | €158 | +€71 | +80.8% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | -€156,290 | -€48,964 | +€107,326 | +68.7% |
| Operating profit (loss) | 9901 | -€156,377 | -€49,909 | +€106,468 | +68.1% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €1,649 | €120 | -€1,529 | -92.7% |
| Recurring financial charges | 65 | €1,649 | €120 | -€1,529 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | -€158,027 | -€49,997 | +€108,030 | +68.4% |
| Profit (loss) for the period | 9904 | -€158,027 | -€49,997 | +€108,030 | +68.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€158,027 | -€49,997 | +€108,030 | +68.4% |
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 4 October 2026 via checked.be.