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FUTURE SERVICES: 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 SERVICES

BE 0650.639.475
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€30,621
2024 · €40,454-€9,833
Equity
€148,466
2024 · €117,845+€30,621
Cash
€42,328
2024 · €25,213+€17,115
Balance sheet total
€319,406
2024 · €302,542+€16,864

Largest movements

2024 to 2025
Assets
  • Cash +€17,115

    up €17,115 (+67.9%), from €25,213 to €42,328

    mainly Net result for the year (+€30,621) and Depreciation (+€8,391)

  • Receivables within one year +€8,829

    up €8,829 (+29.2%), from €30,287 to €39,116

    of which Other amounts receivable: +€8,573

  • Tangible fixed assets -€8,391

    down €8,391 (-3.4%), from €244,539 to €236,148

    of which Land and buildings: -€5,273

Equity and liabilities
  • Reserves +€30,621

    up €30,621 (+28.3%), from €108,345 to €138,966

    of which Distributable reserves: +€30,621

  • Debts after one year -€9,609

    down €9,609 (-6.0%), from €159,586 to €149,976

Income statement
  • Gross operating margin -€28,858

    down €28,858 (-34.7%), from €83,064 to €54,206

  • Depreciation -€8,662

    down €8,662 (-50.8%), from €17,052 to €8,391

  • Taxes -€4,189

    down €4,189 (-25.3%), from €16,539 to €12,351

  • Financial charges -€2,999

    down €2,999 (-55.1%), from €5,446 to €2,446

  • Other operating charges -€1,912

    down €1,912 (-51.0%), from €3,748 to €1,836

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 €40,454
Gross operating margin -€28,858
Depreciation +€8,662
Other operating charges +€1,912
Financial income +€1,263
Financial charges +€2,999
Taxes +€4,189
Result 2025 €30,621

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 +€26,596
Investment €0
Financing -€9,481
Cash 2024 €25,213
Net result for the year +€30,621
Depreciation +€8,391
Receivables within one year -€8,829
Deferred charges and accrued income +€689
Trade debts -€3
Tax, wage and social debts -€2,555
Other debts -€1,718
Debts after one year -€9,609
Current portion of long-term debt +€128
Cash 2025 €42,328
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €302,542 €319,406 +€16,864 +5.6%
Fixed assets 21/28 €244,539 €236,148 -€8,391 -3.4%
Tangible fixed assets 22/27 €244,539 €236,148 -€8,391 -3.4%
Land and buildings 22 €238,758 €233,485 -€5,273 -2.2%
Plant, machinery and equipment 23 €4,714 €2,101 -€2,613 -55.4%
Furniture and vehicles 24 €1,067 €562 -€505 -47.3%
Current assets 29/58 €58,003 €83,258 +€25,255 +43.5%
Amounts receivable within one year 40/41 €30,287 €39,116 +€8,829 +29.2%
Trade receivables 40 €10,807 €11,063 +€256 +2.4%
Other amounts receivable 41 €19,480 €28,053 +€8,573 +44.0%
Cash at bank and in hand 54/58 €25,213 €42,328 +€17,115 +67.9%
Deferred charges and accrued income 490/1 €2,503 €1,814 -€689 -27.5%
Total equity and liabilities 10/49 €302,542 €319,406 +€16,864 +5.6%
Equity 10/15 €117,845 €148,466 +€30,621 +26.0%
Contributions 10/11 €9,500 €9,500 = 0.0%
Reserves 13 €108,345 €138,966 +€30,621 +28.3%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €108,345 €138,966 +€30,621 +28.3%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €184,697 €170,940 -€13,757 -7.4%
Amounts payable after more than one year 17 €159,586 €149,976 -€9,609 -6.0%
Financial debts 170/4 €159,586 €149,976 -€9,609 -6.0%
Amounts payable within one year 42/48 €25,111 €20,964 -€4,148 -16.5%
Current portion of amounts payable after more than one year 42 €9,481 €9,609 +€128 +1.4%
Trade debts 44 €1,548 €1,545 -€3 -0.2%
Suppliers 440/4 €1,548 €1,545 -€3 -0.2%
Taxes, remuneration and social security 45 €12,365 €9,810 -€2,555 -20.7%
Taxes 450/3 €12,365 €9,810 -€2,555 -20.7%
Other amounts payable 47/48 €1,718 €0 -€1,718 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,052 €8,391 -€8,662 -50.8%
Other operating charges 640/8 €3,748 €1,836 -€1,912 -51.0%
Gross operating margin 9900 €83,064 €54,206 -€28,858 -34.7%
Operating profit (loss) 9901 €62,264 €43,980 -€18,284 -29.4%
Financial income 75/76B €175 €1,438 +€1,263 +722.6%
Recurring financial income 75 €175 €1,438 +€1,263 +722.6%
Financial charges 65/66B €5,446 €2,446 -€2,999 -55.1%
Recurring financial charges 65 €5,446 €2,446 -€2,999 -55.1%
Profit (loss) for the period before taxes 9903 €56,993 €42,971 -€14,022 -24.6%
Income taxes 67/77 €16,539 €12,351 -€4,189 -25.3%
Profit (loss) for the period 9904 €40,454 €30,621 -€9,833 -24.3%
Profit (loss) for the period to be appropriated 9905 €40,454 €30,621 -€9,833 -24.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.