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Future Reflections: 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.

What changed

Future Reflections

BE 0771.818.310
NACE 78.100, Employment placement agencies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€36,645
2024 · €33,307+€3,337
Equity
€38,645
2024 · €81,644-€43,000
Cash
€106,433
2024 · €96,459+€9,974
Balance sheet total
€116,224
2024 · €97,932+€18,292

Largest movements

2024 to 2025
Assets
  • Cash +€9,974

    up €9,974 (+10.3%), from €96,459 to €106,433

    mainly Other debts (+€68,168) and Net result for the year (+€36,645)

  • Receivables within one year +€7,252

    up €7,252 (+666.0%), from €1,089 to €8,341

Equity and liabilities
  • Other debts +€68,168

    up €68,168 (+9331.9%), from €730 to €68,898

  • Profit (loss) carried forward -€43,000

    down €43,000 (-54.0%), from €79,644 to €36,645

  • Tax, wage and social debts -€4,839

    down €4,839 (-35.8%), from €13,507 to €8,668

    of which Taxes: -€4,839

  • Trade debts -€2,036

    down €2,036 (-99.3%), from €2,050 to €14

Income statement
  • Gross operating margin +€4,033

    up €4,033 (+9.2%), from €43,892 to €47,925

  • Taxes +€1,166

    up €1,166 (+12.7%), from €9,169 to €10,335

  • Other operating charges +€585

    up €585 (+536.5%), from €109 to €694

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €33,307
Gross operating margin +€4,033
Staff costs +€39
Depreciation +€449
Other operating charges -€585
Financial income +€455
Financial charges +€112
Taxes -€1,166
Result 2025 €36,645

Cash bridge derived

cash 2024 to 2025

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.

From operations +€90,843
Investment -€1,225
Financing -€79,644
Cash 2024 €96,459
Net result for the year +€36,645
Depreciation +€159
Receivables within one year -€7,252
Trade debts -€2,036
Tax, wage and social debts -€4,839
Other debts +€68,168
Investment in fixed assets (net) -€1,225
Contributions, distributions and other -€79,644
Cash 2025 €106,433
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €97,932 €116,224 +€18,292 +18.7%
Fixed assets 21/28 €384 €1,450 +€1,066 +277.6%
Tangible fixed assets 22/27 €384 €1,450 +€1,066 +277.6%
Plant, machinery and equipment 23 - €1,215 +€1,215
Furniture and vehicles 24 €384 €235 -€149 -38.7%
Current assets 29/58 €97,548 €114,774 +€17,226 +17.7%
Amounts receivable within one year 40/41 €1,089 €8,341 +€7,252 +666.0%
Trade receivables 40 €1,089 €8,341 +€7,252 +666.0%
Cash at bank and in hand 54/58 €96,459 €106,433 +€9,974 +10.3%
Total equity and liabilities 10/49 €97,932 €116,224 +€18,292 +18.7%
Equity 10/15 €81,644 €38,645 -€43,000 -52.7%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €79,644 €36,645 -€43,000 -54.0%
Amounts payable 17/49 €16,288 €77,580 +€61,292 +376.3%
Amounts payable within one year 42/48 €16,288 €77,580 +€61,292 +376.3%
Trade debts 44 €2,050 €14 -€2,036 -99.3%
Suppliers 440/4 €2,050 €14 -€2,036 -99.3%
Taxes, remuneration and social security 45 €13,507 €8,668 -€4,839 -35.8%
Taxes 450/3 €11,381 €6,542 -€4,839 -42.5%
Remuneration and social security 454/9 €2,126 €2,126 = 0.0%
Other amounts payable 47/48 €730 €68,898 +€68,168 +9331.9%
Remuneration, social security and pensions 62 €551 €512 -€39 -7.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €608 €159 -€449 -73.9%
Other operating charges 640/8 €109 €694 +€585 +536.5%
Gross operating margin 9900 €43,892 €47,925 +€4,033 +9.2%
Operating profit (loss) 9901 €42,624 €46,561 +€3,937 +9.2%
Financial income 75/76B €356 €811 +€455 +128.0%
Recurring financial income 75 €356 €811 +€455 +128.0%
Financial charges 65/66B €503 €391 -€112 -22.3%
Recurring financial charges 65 €503 €391 -€112 -22.3%
Profit (loss) for the period before taxes 9903 €42,476 €46,980 +€4,504 +10.6%
Income taxes 67/77 €9,169 €10,335 +€1,166 +12.7%
Profit (loss) for the period 9904 €33,307 €36,645 +€3,337 +10.0%
Profit (loss) for the period to be appropriated 9905 €33,307 €36,645 +€3,337 +10.0%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.