Future Concepts: 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 Concepts
Largest movements
- Cash -€103,912
down €103,912 (-43.1%), from €241,033 to €137,121
mainly Other debts (-€584,787) and Contributions, distributions and other (-€87,695)
- Tangible fixed assets -€36,378
down €36,378 (-4.7%), from €777,887 to €741,509
- Short-term financial debts +€600,000
new in 2025: €600,000
- Other debts -€584,787
down €584,787 (-76.6%), from €763,463 to €178,677
- Reserves -€83,512
down €83,512 (-22.6%), from €370,288 to €286,776
of which Distributable reserves: -€76,991
- Debts after one year -€44,617
down €44,617 (-9.1%), from €487,829 to €443,212
- Trade debts -€29,722
down €29,722 (-93.0%), from €31,962 to €2,240
- Gross operating margin -€133,952
down €133,952 (-70.2%), from €190,708 to €56,756
- Financial income -€11,811
down €11,811 (-47.3%), from €24,952 to €13,141
- Taxes -€8,820
down €8,820 (-63.8%), from €13,815 to €4,995
- Financial charges +€4,832
up €4,832 (+23.4%), from €20,688 to €25,520
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 | €1,820,714 | €1,683,657 | -€137,057 | -7.5% |
| Fixed assets | 21/28 | €948,333 | €911,955 | -€36,378 | -3.8% |
| Tangible fixed assets | 22/27 | €777,887 | €741,509 | -€36,378 | -4.7% |
| Land and buildings | 22 | €777,887 | €741,509 | -€36,378 | -4.7% |
| Financial fixed assets | 28 | €170,446 | €170,446 | = | 0.0% |
| Current assets | 29/58 | €872,381 | €771,701 | -€100,680 | -11.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €1,540 | €1,540 | = | 0.0% |
| Stocks | 30/36 | €1,540 | €1,540 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €629,809 | €633,040 | +€3,232 | +0.5% |
| Trade receivables | 40 | €0 | €157 | +€157 | +1,574,700% |
| Other amounts receivable | 41 | €629,809 | €632,883 | +€3,074 | +0.5% |
| Cash at bank and in hand | 54/58 | €241,033 | €137,121 | -€103,912 | -43.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,820,714 | €1,683,657 | -€137,057 | -7.5% |
| Equity | 10/15 | €438,988 | €355,476 | -€83,512 | -19.0% |
| Contributions | 10/11 | €68,700 | €68,700 | = | 0.0% |
| Capital | 10 | €68,700 | €68,700 | = | 0.0% |
| Issued capital | 100 | €68,700 | €68,700 | = | 0.0% |
| Reserves | 13 | €370,288 | €286,776 | -€83,512 | -22.6% |
| Non-distributable reserves | 130/1 | €6,870 | €6,870 | = | 0.0% |
| Legal reserve | 130 | €6,870 | €6,870 | = | 0.0% |
| Tax-exempt reserves | 132 | €98,915 | €92,394 | -€6,521 | -6.6% |
| Distributable reserves | 133 | €264,503 | €187,512 | -€76,991 | -29.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €50,926 | €47,567 | -€3,359 | -6.6% |
| Deferred taxes | 168 | €50,926 | €47,567 | -€3,359 | -6.6% |
| Amounts payable | 17/49 | €1,330,800 | €1,280,613 | -€50,187 | -3.8% |
| Amounts payable after more than one year | 17 | €487,829 | €443,212 | -€44,617 | -9.1% |
| Financial debts | 170/4 | €487,829 | €443,212 | -€44,617 | -9.1% |
| Amounts payable within one year | 42/48 | €842,971 | €830,547 | -€12,425 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €43,977 | €44,617 | +€640 | +1.5% |
| Financial debts | 43 | - | €600,000 | +€600,000 | |
| Credit institutions | 430/8 | - | €600,000 | +€600,000 | |
| Trade debts | 44 | €31,962 | €2,240 | -€29,722 | -93.0% |
| Suppliers | 440/4 | €31,962 | €2,240 | -€29,722 | -93.0% |
| Taxes, remuneration and social security | 45 | €3,569 | €5,013 | +€1,444 | +40.5% |
| Taxes | 450/3 | €3,569 | €5,013 | +€1,444 | +40.5% |
| Other amounts payable | 47/48 | €763,463 | €178,677 | -€584,787 | -76.6% |
| Accrued charges and deferred income | 492/3 | €0 | €6,855 | +€6,855 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,168 | €36,378 | +€1,209 | +3.4% |
| Other operating charges | 640/8 | €2,353 | €2,180 | -€173 | -7.4% |
| Gross operating margin | 9900 | €190,708 | €56,756 | -€133,952 | -70.2% |
| Operating profit (loss) | 9901 | €153,187 | €18,199 | -€134,988 | -88.1% |
| Financial income | 75/76B | €24,952 | €13,141 | -€11,811 | -47.3% |
| Recurring financial income | 75 | €24,952 | €13,141 | -€11,811 | -47.3% |
| Financial charges | 65/66B | €20,688 | €25,520 | +€4,832 | +23.4% |
| Recurring financial charges | 65 | €20,688 | €25,520 | +€4,832 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €157,451 | €5,820 | -€151,630 | -96.3% |
| Transfer from deferred taxes | 780 | €3,359 | €3,359 | = | 0.0% |
| Income taxes | 67/77 | €13,815 | €4,995 | -€8,820 | -63.8% |
| Profit (loss) for the period | 9904 | €146,995 | €4,184 | -€142,811 | -97.2% |
| Transfer from tax-exempt reserves | 789 | €6,521 | €6,521 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €153,515 | €10,704 | -€142,811 | -93.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.