FUTUR-E: 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.
FUTUR-E
Largest movements
- Receivables within one year -€1,610
down €1,610 (-86.9%), from €1,853 to €243
of which Trade receivables: -€1,703
- Stocks and contracts -€1,277
down €1,277 (-27.2%), from €4,698 to €3,420
- Cash +€881
up €881 (+70.8%), from €1,244 to €2,125
mainly Trade debts (+€1,687) and Receivables within one year (+€1,610)
- Tangible fixed assets -€316
down €316 (-30.9%), from €1,021 to €705
- Tax, wage and social debts -€2,387
down €2,387 (-100.0%), from €2,387 to €0
- Profit (loss) carried forward -€1,750
down €1,750 (-10.7%), from -€16,332 to -€18,082
- Trade debts +€1,687
up €1,687 (+94.0%), from €1,795 to €3,482
- Accrued charges and deferred income +€128
new in 2025: €128
- Gross operating margin +€7,850
up €7,850 (+92.8%), from -€8,455 to -€605
- Financial charges -€7,625
down €7,625 (-97.8%), from €7,797 to €172
- Other operating charges +€299
up €299 (+83.3%), from €359 to €658
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 | €8,816 | €6,493 | -€2,322 | -26.3% |
| Fixed assets | 21/28 | €1,021 | €705 | -€316 | -30.9% |
| Tangible fixed assets | 22/27 | €1,021 | €705 | -€316 | -30.9% |
| Plant, machinery and equipment | 23 | €1,021 | €705 | -€316 | -30.9% |
| Current assets | 29/58 | €7,795 | €5,788 | -€2,007 | -25.7% |
| Stocks and contracts in progress | 3 | €4,698 | €3,420 | -€1,277 | -27.2% |
| Stocks | 30/36 | €4,698 | €3,420 | -€1,277 | -27.2% |
| Amounts receivable within one year | 40/41 | €1,853 | €243 | -€1,610 | -86.9% |
| Trade receivables | 40 | €1,837 | €134 | -€1,703 | -92.7% |
| Other amounts receivable | 41 | €16 | €108 | +€93 | +595.0% |
| Cash at bank and in hand | 54/58 | €1,244 | €2,125 | +€881 | +70.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €8,816 | €6,493 | -€2,322 | -26.3% |
| Equity | 10/15 | -€6,332 | -€8,082 | -€1,750 | -27.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,332 | -€18,082 | -€1,750 | -10.7% |
| Amounts payable | 17/49 | €15,148 | €14,576 | -€572 | -3.8% |
| Amounts payable within one year | 42/48 | €15,148 | €14,448 | -€700 | -4.6% |
| Trade debts | 44 | €1,795 | €3,482 | +€1,687 | +94.0% |
| Suppliers | 440/4 | €1,795 | €3,482 | +€1,687 | +94.0% |
| Taxes, remuneration and social security | 45 | €2,387 | €0 | -€2,387 | -100.0% |
| Taxes | 450/3 | €2,387 | €0 | -€2,387 | -100.0% |
| Other amounts payable | 47/48 | €10,966 | €10,966 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €128 | +€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €315 | €316 | +€1 | +0.2% |
| Other operating charges | 640/8 | €359 | €658 | +€299 | +83.3% |
| Gross operating margin | 9900 | -€8,455 | -€605 | +€7,850 | +92.8% |
| Operating profit (loss) | 9901 | -€9,128 | -€1,578 | +€7,550 | +82.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €7,797 | €172 | -€7,625 | -97.8% |
| Recurring financial charges | 65 | €7,797 | €172 | -€7,625 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,924 | -€1,750 | +€15,174 | +89.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€16,924 | -€1,750 | +€15,174 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,924 | -€1,750 | +€15,174 | +89.7% |
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 6 October 2026 via checked.be.