FUTURE FORWARD: 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 FORWARD
Largest movements
- Receivables within one year +€30,066
up €30,066 (+212.8%), from €14,127 to €44,192
of which Other amounts receivable: +€43,514
- Reserves +€25,793
up €25,793 (+171.0%), from €15,080 to €40,874
- Financial charges -€80,389
down €80,389 (-99.8%), from €80,573 to €184
- Gross operating margin -€59,839
down €59,839, from €49,809 to -€10,030
- Financial income +€34,376
up €34,376 (+1100.4%), from €3,124 to €37,500
- Staff costs +€4,737
no longer reported in 2025 (was -€4,737)
- Other operating charges -€1,581
down €1,581 (-51.4%), from €3,074 to €1,493
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 | €1,643,223 | €1,674,098 | +€30,875 | +1.9% |
| Fixed assets | 21/28 | €1,002,500 | €1,002,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,002,500 | €1,002,500 | = | 0.0% |
| Current assets | 29/58 | €640,723 | €671,598 | +€30,875 | +4.8% |
| Amounts receivable after more than one year | 29 | €615,000 | €615,000 | = | 0.0% |
| Other amounts receivable | 291 | €615,000 | €615,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,127 | €44,192 | +€30,066 | +212.8% |
| Trade receivables | 40 | €13,449 | - | -€13,449 | |
| Other amounts receivable | 41 | €678 | €44,192 | +€43,514 | +6418.0% |
| Cash at bank and in hand | 54/58 | €1,596 | €2,406 | +€810 | +50.7% |
| Total equity and liabilities | 10/49 | €1,643,223 | €1,674,098 | +€30,875 | +1.9% |
| Equity | 10/15 | €630,080 | €655,874 | +€25,793 | +4.1% |
| Contributions | 10/11 | €615,000 | €615,000 | = | 0.0% |
| Reserves | 13 | €15,080 | €40,874 | +€25,793 | +171.0% |
| Distributable reserves | 133 | €15,080 | €40,874 | +€25,793 | +171.0% |
| Amounts payable | 17/49 | €1,013,143 | €1,018,225 | +€5,082 | +0.5% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,015,360 | +€15,360 | +1.5% |
| Other amounts payable | 178/9 | €1,000,000 | €1,015,360 | +€15,360 | +1.5% |
| Amounts payable within one year | 42/48 | €13,143 | €2,865 | -€10,278 | -78.2% |
| Trade debts | 44 | €13,143 | €2,865 | -€10,278 | -78.2% |
| Suppliers | 440/4 | €13,143 | €2,865 | -€10,278 | -78.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€4,737 | - | +€4,737 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €3,074 | €1,493 | -€1,581 | -51.4% |
| Gross operating margin | 9900 | €49,809 | -€10,030 | -€59,839 | |
| Operating profit (loss) | 9901 | €51,472 | -€11,523 | -€62,995 | |
| Financial income | 75/76B | €3,124 | €37,500 | +€34,376 | +1100.4% |
| Recurring financial income | 75 | €3,124 | €37,500 | +€34,376 | +1100.4% |
| Financial charges | 65/66B | €80,573 | €184 | -€80,389 | -99.8% |
| Recurring financial charges | 65 | €80,573 | €184 | -€80,389 | -99.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,977 | €25,793 | +€51,770 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€25,977 | €25,793 | +€51,770 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,977 | €25,793 | +€51,770 |
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 10 October 2026 via checked.be.