FUSIONTEK: what changed
FUSIONTEK
Largest movements
- Receivables within one year +€60,371
up €60,371 (+113%), from €53,638 to €114,009
of which Other amounts receivable: +€68,464
- Tangible fixed assets -€15,509
down €15,509 (-6.4%), from €243,432 to €227,923
of which Land and buildings: -€13,023
- Cash -€4,161
down €4,161 (-15.2%), from €27,413 to €23,252
mainly Receivables within one year (-€60,371) and Tax, wage and social debts (-€8,097)
- Profit (loss) carried forward +€24,700
up €24,700, from €0 to €24,700
- Debts after one year +€17,752
up €17,752 (+12.3%), from €143,934 to €161,685
- Current portion of long-term debt +€10,648
up €10,648 (+42.3%), from €25,171 to €35,819
- Tax, wage and social debts -€8,097
down €8,097 (-79.6%), from €10,174 to €2,077
- Trade debts -€3,902
down €3,902 (-76.3%), from €5,113 to €1,211
- Gross operating margin -€6,859
down €6,859 (-11.1%), from €62,066 to €55,207
- Taxes -€2,083
down €2,083 (-17.2%), from €12,083 to €10,000
- Financial income -€869
down €869 (-36.8%), from €2,362 to €1,493
- Other operating charges -€680
down €680 (-41.9%), from €1,625 to €945
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,927 | €369,030 | +€41,102 | +12.5% |
| Fixed assets | 21/28 | €243,432 | €227,923 | -€15,509 | -6.4% |
| Tangible fixed assets | 22/27 | €243,432 | €227,923 | -€15,509 | -6.4% |
| Land and buildings | 22 | €238,577 | €225,554 | -€13,023 | -5.5% |
| Plant, machinery and equipment | 23 | €2,724 | €1,098 | -€1,627 | -59.7% |
| Furniture and vehicles | 24 | €2,130 | €1,271 | -€859 | -40.3% |
| Current assets | 29/58 | €84,496 | €141,107 | +€56,611 | +67.0% |
| Amounts receivable within one year | 40/41 | €53,638 | €114,009 | +€60,371 | +113% |
| Trade receivables | 40 | €18,489 | €10,396 | -€8,093 | -43.8% |
| Other amounts receivable | 41 | €35,149 | €103,613 | +€68,464 | +195% |
| Cash at bank and in hand | 54/58 | €27,413 | €23,252 | -€4,161 | -15.2% |
| Deferred charges and accrued income | 490/1 | €3,445 | €3,846 | +€401 | +11.6% |
| Total equity and liabilities | 10/49 | €327,927 | €369,030 | +€41,102 | +12.5% |
| Equity | 10/15 | €143,338 | €168,038 | +€24,700 | +17.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €137,138 | €137,138 | = | 0.0% |
| Distributable reserves | 133 | €137,138 | €137,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €24,700 | +€24,700 | |
| Amounts payable | 17/49 | €184,589 | €200,991 | +€16,402 | +8.9% |
| Amounts payable after more than one year | 17 | €143,934 | €161,685 | +€17,752 | +12.3% |
| Financial debts | 170/4 | €143,934 | €161,685 | +€17,752 | +12.3% |
| Amounts payable within one year | 42/48 | €40,655 | €39,306 | -€1,350 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €25,171 | €35,819 | +€10,648 | +42.3% |
| Financial debts | 43 | €198 | €199 | +€1 | +0.6% |
| Credit institutions | 430/8 | €198 | €199 | +€1 | +0.6% |
| Trade debts | 44 | €5,113 | €1,211 | -€3,902 | -76.3% |
| Suppliers | 440/4 | €5,113 | €1,211 | -€3,902 | -76.3% |
| Taxes, remuneration and social security | 45 | €10,174 | €2,077 | -€8,097 | -79.6% |
| Taxes | 450/3 | €10,174 | €2,077 | -€8,097 | -79.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,071 | €15,509 | -€562 | -3.5% |
| Other operating charges | 640/8 | €1,625 | €945 | -€680 | -41.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €62,066 | €55,207 | -€6,859 | -11.1% |
| Operating profit (loss) | 9901 | €44,371 | €38,753 | -€5,617 | -12.7% |
| Financial income | 75/76B | €2,362 | €1,493 | -€869 | -36.8% |
| Recurring financial income | 75 | €2,362 | €1,493 | -€869 | -36.8% |
| Financial charges | 65/66B | €5,174 | €5,546 | +€371 | +7.2% |
| Recurring financial charges | 65 | €5,174 | €5,546 | +€371 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €41,558 | €34,700 | -€6,858 | -16.5% |
| Income taxes | 67/77 | €12,083 | €10,000 | -€2,083 | -17.2% |
| Profit (loss) for the period | 9904 | €29,474 | €24,700 | -€4,774 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,474 | €24,700 | -€4,774 | -16.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.