FUTURE GROUP: 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 GROUP
Largest movements
- Tangible fixed assets -€474,068
down €474,068 (-23.5%), from €2.0m to €1.5m
of which Land and buildings: -€350,517
- Receivables within one year +€135,852
up €135,852 (+39.6%), from €343,245 to €479,097
of which Other amounts receivable: +€138,297
- Deferred charges and accrued income -€45,560
down €45,560 (-75.6%), from €60,249 to €14,689
- Current portion of long-term debt -€227,323
down €227,323 (-60.4%), from €376,121 to €148,798
- Debts after one year -€148,798
down €148,798 (-9.6%), from €1.6m to €1.4m
of which Financial debts: -€148,798
- Profit (loss) carried forward +€61,005
up €61,005, from -€28,057 to €32,948
- Other debts -€46,619
down €46,619 (-34.6%), from €134,834 to €88,215
- Depreciation -€35,736
down €35,736 (-19.4%), from €184,631 to €148,895
- Gross operating margin +€31,560
up €31,560 (+14.1%), from €223,535 to €255,095
- Financial charges -€11,363
down €11,363 (-24.6%), from €46,116 to €34,753
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 | €2,434,377 | €2,069,957 | -€364,420 | -15.0% |
| Fixed assets | 21/28 | €2,021,184 | €1,547,116 | -€474,068 | -23.5% |
| Tangible fixed assets | 22/27 | €2,017,182 | €1,543,114 | -€474,068 | -23.5% |
| Land and buildings | 22 | €719,243 | €368,726 | -€350,517 | -48.7% |
| Plant, machinery and equipment | 23 | €7,189 | €5,643 | -€1,546 | -21.5% |
| Furniture and vehicles | 24 | €31,115 | €9,682 | -€21,433 | -68.9% |
| Other tangible fixed assets | 26 | €1,259,636 | €1,159,063 | -€100,573 | -8.0% |
| Financial fixed assets | 28 | €4,002 | €4,002 | = | 0.0% |
| Current assets | 29/58 | €413,193 | €522,841 | +€109,648 | +26.5% |
| Amounts receivable within one year | 40/41 | €343,245 | €479,097 | +€135,852 | +39.6% |
| Trade receivables | 40 | €139,087 | €136,643 | -€2,445 | -1.8% |
| Other amounts receivable | 41 | €204,157 | €342,455 | +€138,297 | +67.7% |
| Cash at bank and in hand | 54/58 | €9,699 | €29,055 | +€19,355 | +199.6% |
| Deferred charges and accrued income | 490/1 | €60,249 | €14,689 | -€45,560 | -75.6% |
| Total equity and liabilities | 10/49 | €2,434,377 | €2,069,957 | -€364,420 | -15.0% |
| Equity | 10/15 | €347,228 | €408,233 | +€61,005 | +17.6% |
| Contributions | 10/11 | €156,200 | €156,200 | = | 0.0% |
| Reserves | 13 | €219,085 | €219,085 | = | 0.0% |
| 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 | €217,225 | €217,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,057 | €32,948 | +€61,005 | |
| Amounts payable | 17/49 | €2,087,149 | €1,661,724 | -€425,425 | -20.4% |
| Amounts payable after more than one year | 17 | €1,557,897 | €1,409,098 | -€148,798 | -9.6% |
| Financial debts | 170/4 | €1,107,897 | €959,098 | -€148,798 | -13.4% |
| Advances received on contracts in progress | 176 | €450,000 | €450,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €526,578 | €252,626 | -€273,952 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €376,121 | €148,798 | -€227,323 | -60.4% |
| Trade debts | 44 | €15,220 | €15,228 | +€8 | +0.1% |
| Suppliers | 440/4 | €15,220 | €15,228 | +€8 | +0.1% |
| Taxes, remuneration and social security | 45 | €403 | €384 | -€19 | -4.6% |
| Taxes | 450/3 | €403 | €384 | -€19 | -4.6% |
| Other amounts payable | 47/48 | €134,834 | €88,215 | -€46,619 | -34.6% |
| Accrued charges and deferred income | 492/3 | €2,675 | €0 | -€2,675 | -100.0% |
| Non-recurring operating income | 76A | - | €40,827 | +€40,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,631 | €148,895 | -€35,736 | -19.4% |
| Other operating charges | 640/8 | €10,431 | €10,157 | -€275 | -2.6% |
| Non-recurring operating charges | 66A | €10,117 | €0 | -€10,117 | -100.0% |
| Gross operating margin | 9900 | €223,535 | €255,095 | +€31,560 | +14.1% |
| Operating profit (loss) | 9901 | €18,356 | €96,043 | +€77,688 | +423.2% |
| Financial income | 75/76B | €106 | €99 | -€7 | -6.4% |
| Recurring financial income | 75 | €106 | €99 | -€7 | -6.4% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €46,116 | €34,753 | -€11,363 | -24.6% |
| Recurring financial charges | 65 | €46,116 | €34,753 | -€11,363 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | -€27,654 | €61,389 | +€89,044 | |
| Income taxes | 67/77 | €403 | €384 | -€19 | -4.6% |
| Profit (loss) for the period | 9904 | -€28,057 | €61,005 | +€89,062 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,057 | €61,005 | +€89,062 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.