FUTURE SPACES: 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 SPACES
Largest movements
- Cash -€17,865
down €17,865 (-56.4%), from €31,649 to €13,784
mainly Net result for the year (-€62,462) and Current portion of long-term debt (-€4,350)
- Tangible fixed assets -€8,586
down €8,586 (-50.2%), from €17,110 to €8,524
of which Furniture and vehicles: -€6,697
- Receivables within one year -€4,100
down €4,100 (-23.0%), from €17,813 to €13,713
of which Trade receivables: -€3,871
- Financial fixed assets -€1,750
down €1,750 (-80.6%), from €2,172 to €422
- Profit (loss) carried forward -€62,462
down €62,462, from €43,687 to -€18,775
- Trade debts +€35,440
up €35,440 (+317.9%), from €11,148 to €46,588
- Current portion of long-term debt -€4,350
down €4,350 (-84.8%), from €5,127 to €777
- Tax, wage and social debts -€2,910
down €2,910 (-94.0%), from €3,094 to €184
of which Remuneration and social security: -€3,055
- Other debts +€2,669
new in 2025: €2,669
- Gross operating margin -€42,323
down €42,323, from €19,547 to -€22,776
- Other operating charges +€3,396
up €3,396 (+460.2%), from €738 to €4,134
- Staff costs +€3,026
up €3,026 (+13.7%), from €22,009 to €25,035
- Depreciation +€369
up €369 (+3.7%), from €10,023 to €10,392
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 | €68,744 | €36,443 | -€32,301 | -47.0% |
| Fixed assets | 21/28 | €19,282 | €8,946 | -€10,336 | -53.6% |
| Tangible fixed assets | 22/27 | €17,110 | €8,524 | -€8,586 | -50.2% |
| Plant, machinery and equipment | 23 | €4,633 | €2,917 | -€1,716 | -37.0% |
| Furniture and vehicles | 24 | €11,084 | €4,387 | -€6,697 | -60.4% |
| Other tangible fixed assets | 26 | €1,393 | €1,221 | -€172 | -12.4% |
| Financial fixed assets | 28 | €2,172 | €422 | -€1,750 | -80.6% |
| Current assets | 29/58 | €49,462 | €27,497 | -€21,965 | -44.4% |
| Amounts receivable within one year | 40/41 | €17,813 | €13,713 | -€4,100 | -23.0% |
| Trade receivables | 40 | €6,769 | €2,897 | -€3,871 | -57.2% |
| Other amounts receivable | 41 | €11,044 | €10,815 | -€229 | -2.1% |
| Cash at bank and in hand | 54/58 | €31,649 | €13,784 | -€17,865 | -56.4% |
| Total equity and liabilities | 10/49 | €68,744 | €36,443 | -€32,301 | -47.0% |
| Equity | 10/15 | €48,687 | -€13,775 | -€62,462 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €43,687 | -€18,775 | -€62,462 | |
| Amounts payable | 17/49 | €20,057 | €50,219 | +€30,161 | +150.4% |
| Amounts payable after more than one year | 17 | €688 | - | -€688 | |
| Financial debts | 170/4 | €688 | - | -€688 | |
| Amounts payable within one year | 42/48 | €19,370 | €50,219 | +€30,849 | +159.3% |
| Current portion of amounts payable after more than one year | 42 | €5,127 | €777 | -€4,350 | -84.8% |
| Trade debts | 44 | €11,148 | €46,588 | +€35,440 | +317.9% |
| Suppliers | 440/4 | €11,148 | €46,588 | +€35,440 | +317.9% |
| Taxes, remuneration and social security | 45 | €3,094 | €184 | -€2,910 | -94.0% |
| Taxes | 450/3 | €40 | €184 | +€145 | +362.4% |
| Remuneration and social security | 454/9 | €3,055 | - | -€3,055 | |
| Other amounts payable | 47/48 | - | €2,669 | +€2,669 | |
| Remuneration, social security and pensions | 62 | €22,009 | €25,035 | +€3,026 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,023 | €10,392 | +€369 | +3.7% |
| Other operating charges | 640/8 | €738 | €4,134 | +€3,396 | +460.2% |
| Gross operating margin | 9900 | €19,547 | -€22,776 | -€42,323 | |
| Operating profit (loss) | 9901 | -€13,223 | -€62,338 | -€49,114 | -371.4% |
| Financial income | 75/76B | €197 | €233 | +€37 | +18.6% |
| Recurring financial income | 75 | €197 | €233 | +€37 | +18.6% |
| Financial charges | 65/66B | €303 | €213 | -€90 | -29.8% |
| Recurring financial charges | 65 | €303 | €213 | -€90 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,330 | -€62,317 | -€48,987 | -367.5% |
| Income taxes | 67/77 | €40 | €145 | +€105 | +262.4% |
| Profit (loss) for the period | 9904 | -€13,370 | -€62,462 | -€49,092 | -367.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,370 | -€62,462 | -€49,092 | -367.2% |
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 30 September 2026 via checked.be.