Future At Work: 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.
Future At Work
Largest movements
- Tangible fixed assets -€10,175
down €10,175 (-72.6%), from €14,006 to €3,831
- Cash +€4,002
up €4,002 (+4.1%), from €97,549 to €101,551
mainly Net result for the year (+€23,047) and Depreciation (+€10,175)
- Receivables within one year +€3,440
up €3,440 (+20.8%), from €16,556 to €19,996
of which Trade receivables: +€3,440
- Deferred charges and accrued income +€3,038
up €3,038 (+339%), from €897 to €3,935
- Current portion of long-term debt -€5,296
no longer reported in 2025 (was €5,296)
- Reserves +€4,191
up €4,191 (+3.7%), from €114,720 to €118,911
of which Distributable reserves: +€4,191
- Trade debts +€2,527
up €2,527 (+29.0%), from €8,700 to €11,228
- Gross operating margin +€4,804
up €4,804 (+12.8%), from €37,492 to €42,297
- Taxes +€1,418
up €1,418 (+18.6%), from €7,614 to €9,032
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 | €148,008 | €148,313 | +€305 | +0.2% |
| Fixed assets | 21/28 | €14,006 | €3,831 | -€10,175 | -72.6% |
| Tangible fixed assets | 22/27 | €14,006 | €3,831 | -€10,175 | -72.6% |
| Furniture and vehicles | 24 | €14,006 | €3,831 | -€10,175 | -72.6% |
| Current assets | 29/58 | €134,002 | €144,482 | +€10,480 | +7.8% |
| Amounts receivable after more than one year | 29 | €19,000 | €19,000 | = | 0.0% |
| Other amounts receivable | 291 | €19,000 | €19,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,556 | €19,996 | +€3,440 | +20.8% |
| Trade receivables | 40 | €16,049 | €19,489 | +€3,440 | +21.4% |
| Other amounts receivable | 41 | €507 | €507 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,549 | €101,551 | +€4,002 | +4.1% |
| Deferred charges and accrued income | 490/1 | €897 | €3,935 | +€3,038 | +339% |
| Total equity and liabilities | 10/49 | €148,008 | €148,313 | +€305 | +0.2% |
| Equity | 10/15 | €121,413 | €125,604 | +€4,191 | +3.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,720 | €118,911 | +€4,191 | +3.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €112,860 | €117,051 | +€4,191 | +3.7% |
| Profit (loss) carried forward | 14 | €493 | €493 | = | 0.0% |
| Amounts payable | 17/49 | €26,595 | €22,709 | -€3,886 | -14.6% |
| Amounts payable within one year | 42/48 | €26,595 | €22,709 | -€3,886 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €5,296 | - | -€5,296 | |
| Trade debts | 44 | €8,700 | €11,228 | +€2,527 | +29.0% |
| Suppliers | 440/4 | €8,700 | €11,228 | +€2,527 | +29.0% |
| Taxes, remuneration and social security | 45 | €10,505 | €9,924 | -€581 | -5.5% |
| Taxes | 450/3 | €5,491 | €4,906 | -€586 | -10.7% |
| Remuneration and social security | 454/9 | €5,014 | €5,018 | +€4 | +0.1% |
| Other amounts payable | 47/48 | €2,093 | €1,557 | -€536 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,568 | €10,175 | -€393 | -3.7% |
| Other operating charges | 640/8 | €997 | €598 | -€399 | -40.1% |
| Gross operating margin | 9900 | €37,492 | €42,297 | +€4,804 | +12.8% |
| Operating profit (loss) | 9901 | €25,928 | €31,524 | +€5,597 | +21.6% |
| Financial income | 75/76B | €872 | €839 | -€33 | -3.7% |
| Recurring financial income | 75 | €872 | €839 | -€33 | -3.7% |
| Financial charges | 65/66B | €338 | €284 | -€55 | -16.1% |
| Recurring financial charges | 65 | €338 | €284 | -€55 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €26,461 | €32,080 | +€5,619 | +21.2% |
| Income taxes | 67/77 | €7,614 | €9,032 | +€1,418 | +18.6% |
| Profit (loss) for the period | 9904 | €18,847 | €23,047 | +€4,201 | +22.3% |
| Transfer from tax-exempt reserves | 789 | €19,394 | €17,191 | -€2,204 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,241 | €40,238 | +€1,997 | +5.2% |
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 13 October 2026 via checked.be.