FUTUR ART: 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.
FUTUR ART
Largest movements
- Receivables within one year +€24,282
up €24,282 (+208%), from €11,684 to €35,965
of which Trade receivables: +€22,646
- Cash -€3,968
down €3,968 (-9.7%), from €41,100 to €37,133
mainly Receivables within one year (-€24,282) and Other debts (-€3,717)
- Tangible fixed assets -€778
down €778 (-43.3%), from €1,796 to €1,018
- Reserves +€17,687
up €17,687 (+70.7%), from €25,000 to €42,687
- Profit (loss) carried forward +€8,771
no longer reported in 2025 (was -€8,771)
- Other debts -€3,717
down €3,717 (-34.9%), from €10,655 to €6,938
- Current portion of long-term debt -€2,913
down €2,913 (-83.2%), from €3,503 to €589
- Gross operating margin -€934
down €934 (-2.3%), from €41,208 to €40,274
- Depreciation -€726
down €726 (-48.3%), from €1,504 to €778
- Taxes -€662
down €662 (-5.0%), from €13,146 to €12,484
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 | €54,579 | €74,146 | +€19,566 | +35.8% |
| Fixed assets | 21/28 | €1,796 | €1,018 | -€778 | -43.3% |
| Tangible fixed assets | 22/27 | €1,796 | €1,018 | -€778 | -43.3% |
| Furniture and vehicles | 24 | €1,796 | €1,018 | -€778 | -43.3% |
| Current assets | 29/58 | €52,784 | €73,128 | +€20,344 | +38.5% |
| Amounts receivable within one year | 40/41 | €11,684 | €35,965 | +€24,282 | +208% |
| Trade receivables | 40 | €6,830 | €29,476 | +€22,646 | +332% |
| Other amounts receivable | 41 | €4,854 | €6,490 | +€1,636 | +33.7% |
| Cash at bank and in hand | 54/58 | €41,100 | €37,133 | -€3,968 | -9.7% |
| Deferred charges and accrued income | 490/1 | - | €30 | +€30 | |
| Total equity and liabilities | 10/49 | €54,579 | €74,146 | +€19,566 | +35.8% |
| Equity | 10/15 | €34,829 | €61,287 | +€26,458 | +76.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,000 | €42,687 | +€17,687 | +70.7% |
| Distributable reserves | 133 | €25,000 | €42,687 | +€17,687 | +70.7% |
| Profit (loss) carried forward | 14 | -€8,771 | - | +€8,771 | |
| Amounts payable | 17/49 | €19,750 | €12,858 | -€6,892 | -34.9% |
| Amounts payable after more than one year | 17 | €589 | - | -€589 | |
| Financial debts | 170/4 | €589 | - | -€589 | |
| Amounts payable within one year | 42/48 | €19,160 | €12,858 | -€6,302 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €3,503 | €589 | -€2,913 | -83.2% |
| Trade debts | 44 | €286 | - | -€286 | |
| Suppliers | 440/4 | €286 | - | -€286 | |
| Taxes, remuneration and social security | 45 | €4,717 | €5,330 | +€613 | +13.0% |
| Taxes | 450/3 | €4,717 | €5,330 | +€613 | +13.0% |
| Other amounts payable | 47/48 | €10,655 | €6,938 | -€3,717 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,504 | €778 | -€726 | -48.3% |
| Other operating charges | 640/8 | €414 | €408 | -€6 | -1.5% |
| Gross operating margin | 9900 | €41,208 | €40,274 | -€934 | -2.3% |
| Operating profit (loss) | 9901 | €39,289 | €39,088 | -€202 | -0.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €327 | €146 | -€181 | -55.3% |
| Recurring financial charges | 65 | €327 | €146 | -€181 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €38,962 | €38,942 | -€21 | -0.1% |
| Income taxes | 67/77 | €13,146 | €12,484 | -€662 | -5.0% |
| Profit (loss) for the period | 9904 | €25,816 | €26,458 | +€642 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,816 | €26,458 | +€642 | +2.5% |
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 18 October 2026 via checked.be.