FutureFWD: 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.
FutureFWD
Largest movements
- Current investments +€149,033
up €149,033 (+119.0%), from €125,225 to €274,258
- Cash +€8,542
up €8,542 (+24.9%), from €34,333 to €42,875
mainly Net result for the year (+€158,543) and Trade debts (+€15,451)
- Receivables within one year +€8,052
up €8,052 (+21.8%), from €36,917 to €44,969
of which Trade receivables: +€8,303
- Tangible fixed assets +€3,788
up €3,788 (+48.4%), from €7,833 to €11,621
of which Furniture and vehicles: +€3,028
- Reserves +€158,543
up €158,543 (+87.2%), from €181,808 to €340,351
- Trade debts +€15,451
up €15,451 (+188.5%), from €8,196 to €23,646
- Tax, wage and social debts -€5,518
down €5,518 (-34.3%), from €16,103 to €10,585
- Gross operating margin +€20,448
up €20,448 (+10.8%), from €189,375 to €209,824
- Taxes +€5,593
up €5,593 (+13.3%), from €42,200 to €47,793
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 | €207,261 | €376,146 | +€168,885 | +81.5% |
| Fixed assets | 21/28 | €7,833 | €11,621 | +€3,788 | +48.4% |
| Tangible fixed assets | 22/27 | €7,833 | €11,621 | +€3,788 | +48.4% |
| Plant, machinery and equipment | 23 | €3,231 | €2,461 | -€769 | -23.8% |
| Furniture and vehicles | 24 | €1,210 | €4,238 | +€3,028 | +250.2% |
| Other tangible fixed assets | 26 | €3,392 | €4,922 | +€1,529 | +45.1% |
| Current assets | 29/58 | €199,427 | €364,525 | +€165,097 | +82.8% |
| Amounts receivable within one year | 40/41 | €36,917 | €44,969 | +€8,052 | +21.8% |
| Trade receivables | 40 | €36,666 | €44,969 | +€8,303 | +22.6% |
| Other amounts receivable | 41 | €251 | €0 | -€251 | -100.0% |
| Current investments | 50/53 | €125,225 | €274,258 | +€149,033 | +119.0% |
| Cash at bank and in hand | 54/58 | €34,333 | €42,875 | +€8,542 | +24.9% |
| Deferred charges and accrued income | 490/1 | €2,953 | €2,423 | -€530 | -18.0% |
| Total equity and liabilities | 10/49 | €207,261 | €376,146 | +€168,885 | +81.5% |
| Equity | 10/15 | €182,808 | €341,351 | +€158,543 | +86.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €181,808 | €340,351 | +€158,543 | +87.2% |
| Distributable reserves | 133 | €181,808 | €340,351 | +€158,543 | +87.2% |
| Amounts payable | 17/49 | €24,453 | €34,794 | +€10,342 | +42.3% |
| Amounts payable within one year | 42/48 | €24,453 | €34,794 | +€10,342 | +42.3% |
| Financial debts | 43 | €154 | €0 | -€154 | -100.0% |
| Credit institutions | 430/8 | €154 | €0 | -€154 | -100.0% |
| Trade debts | 44 | €8,196 | €23,646 | +€15,451 | +188.5% |
| Suppliers | 440/4 | €8,196 | €23,646 | +€15,451 | +188.5% |
| Taxes, remuneration and social security | 45 | €16,103 | €10,585 | -€5,518 | -34.3% |
| Taxes | 450/3 | €16,103 | €10,585 | -€5,518 | -34.3% |
| Other amounts payable | 47/48 | €0 | €563 | +€563 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,887 | €2,613 | +€726 | +38.5% |
| Other operating charges | 640/8 | €144 | €195 | +€51 | +35.4% |
| Gross operating margin | 9900 | €189,375 | €209,824 | +€20,448 | +10.8% |
| Operating profit (loss) | 9901 | €187,344 | €207,016 | +€19,671 | +10.5% |
| Financial income | 75/76B | €335 | €1,410 | +€1,075 | +320.7% |
| Recurring financial income | 75 | €335 | €1,410 | +€1,075 | +320.7% |
| Financial charges | 65/66B | €2,533 | €2,090 | -€443 | -17.5% |
| Recurring financial charges | 65 | €2,533 | €2,090 | -€443 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €185,146 | €206,336 | +€21,190 | +11.4% |
| Income taxes | 67/77 | €42,200 | €47,793 | +€5,593 | +13.3% |
| Profit (loss) for the period | 9904 | €142,947 | €158,543 | +€15,596 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €142,947 | €158,543 | +€15,596 | +10.9% |
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.