FUTURE: 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.
FUTURE
Largest movements
- Receivables within one year -€51,564
down €51,564 (-96.3%), from €53,531 to €1,967
of which Other amounts receivable: -€50,883
- Cash -€2,234
down €2,234 (-55.9%), from €3,996 to €1,762
mainly Other debts (-€40,473) and Net result for the year (-€10,495)
- Other debts -€40,473
down €40,473 (-78.8%), from €51,357 to €10,885
- Profit (loss) carried forward -€7,212
down €7,212, from €3,809 to -€3,403
- Reserves -€3,283
down €3,283 (-35.9%), from €9,148 to €5,865
of which Distributable reserves: -€3,283
- Tax, wage and social debts -€1,622
no longer reported in 2025 (was €1,622)
- Trade debts -€1,602
down €1,602 (-77.5%), from €2,067 to €465
- Gross operating margin -€14,531
down €14,531, from €4,664 to -€9,867
- Financial charges -€2,493
down €2,493 (-98.3%), from €2,536 to €42
- Taxes -€377
down €377 (-100.0%), from €377 to €0
- Other operating charges -€161
down €161 (-21.5%), from €746 to €585
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 | €86,602 | €32,804 | -€53,798 | -62.1% |
| Fixed assets | 21/28 | €7,174 | €7,174 | = | 0.0% |
| Financial fixed assets | 28 | €7,174 | €7,174 | = | 0.0% |
| Current assets | 29/58 | €79,428 | €25,630 | -€53,798 | -67.7% |
| Amounts receivable after more than one year | 29 | €21,901 | €21,901 | = | 0.0% |
| Other amounts receivable | 291 | €21,901 | €21,901 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,531 | €1,967 | -€51,564 | -96.3% |
| Trade receivables | 40 | €1,730 | €1,049 | -€681 | -39.4% |
| Other amounts receivable | 41 | €51,801 | €918 | -€50,883 | -98.2% |
| Cash at bank and in hand | 54/58 | €3,996 | €1,762 | -€2,234 | -55.9% |
| Total equity and liabilities | 10/49 | €86,602 | €32,804 | -€53,798 | -62.1% |
| Equity | 10/15 | €31,549 | €21,054 | -€10,495 | -33.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,148 | €5,865 | -€3,283 | -35.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €7,288 | €4,006 | -€3,283 | -45.0% |
| Profit (loss) carried forward | 14 | €3,809 | -€3,403 | -€7,212 | |
| Amounts payable | 17/49 | €55,053 | €11,750 | -€43,303 | -78.7% |
| Amounts payable within one year | 42/48 | €55,047 | €11,350 | -€43,697 | -79.4% |
| Trade debts | 44 | €2,067 | €465 | -€1,602 | -77.5% |
| Suppliers | 440/4 | €2,067 | €465 | -€1,602 | -77.5% |
| Taxes, remuneration and social security | 45 | €1,622 | - | -€1,622 | |
| Taxes | 450/3 | €1,622 | - | -€1,622 | |
| Other amounts payable | 47/48 | €51,357 | €10,885 | -€40,473 | -78.8% |
| Accrued charges and deferred income | 492/3 | €6 | €400 | +€394 | +6573.3% |
| Other operating charges | 640/8 | €746 | €585 | -€161 | -21.5% |
| Gross operating margin | 9900 | €4,664 | -€9,867 | -€14,531 | |
| Operating profit (loss) | 9901 | €3,918 | -€10,453 | -€14,371 | |
| Financial income | 75/76B | €1 | €0 | -€0 | -64.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -64.0% |
| Financial charges | 65/66B | €2,536 | €42 | -€2,493 | -98.3% |
| Recurring financial charges | 65 | €2,536 | €42 | -€2,493 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | €1,383 | -€10,495 | -€11,878 | |
| Income taxes | 67/77 | €377 | €0 | -€377 | -100.0% |
| Profit (loss) for the period | 9904 | €1,006 | -€10,495 | -€11,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,006 | -€10,495 | -€11,500 |
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 8 October 2026 via checked.be.