Futureproof Leadership: what changed
Two financial 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.
Futureproof Leadership
Largest movements
- Cash +€11,533
up €11,533 (+9.6%), from €120,438 to €131,971
mainly Depreciation (+€5,603) and Tax, wage and social debts (+€5,439)
- Tangible fixed assets -€9,115
down €9,115 (-62.2%), from €14,659 to €5,545
of which Furniture and vehicles: -€5,470
- Receivables within one year +€8,264
up €8,264 (+7.2%), from €115,502 to €123,766
of which Trade receivables: +€5,796
- Tax, wage and social debts +€5,439
up €5,439 (+25.1%), from €21,632 to €27,071
- Accrued charges and deferred income +€3,644
up €3,644 (+3.4%), from €105,725 to €109,369
- Gross operating margin -€3,904
down €3,904 (-32.8%), from €11,899 to €7,995
- Depreciation -€906
down €906 (-13.9%), from €6,509 to €5,603
- Other operating charges -€496
down €496 (-70.5%), from €703 to €208
- Financial charges +€241
up €241 (+73.0%), from €331 to €572
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,744 | €261,362 | +€9,618 | +3.8% |
| Fixed assets | 21/28 | €14,739 | €5,625 | -€9,115 | -61.8% |
| Tangible fixed assets | 22/27 | €14,659 | €5,545 | -€9,115 | -62.2% |
| Plant, machinery and equipment | 23 | €3,645 | - | -€3,645 | |
| Furniture and vehicles | 24 | €11,014 | €5,545 | -€5,470 | -49.7% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €237,005 | €255,737 | +€18,732 | +7.9% |
| Amounts receivable within one year | 40/41 | €115,502 | €123,766 | +€8,264 | +7.2% |
| Trade receivables | 40 | €112,731 | €118,527 | +€5,796 | +5.1% |
| Other amounts receivable | 41 | €2,771 | €5,239 | +€2,468 | +89.0% |
| Cash at bank and in hand | 54/58 | €120,438 | €131,971 | +€11,533 | +9.6% |
| Deferred charges and accrued income | 490/1 | €1,065 | - | -€1,065 | |
| Total equity and liabilities | 10/49 | €251,744 | €261,362 | +€9,618 | +3.8% |
| Equity | 10/15 | €92,219 | €92,418 | +€199 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,760 | €88,760 | = | 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 | €86,900 | €86,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,141 | -€14,942 | +€199 | +1.3% |
| Amounts payable | 17/49 | €159,525 | €168,944 | +€9,419 | +5.9% |
| Amounts payable within one year | 42/48 | €53,800 | €59,575 | +€5,775 | +10.7% |
| Financial debts | 43 | - | €748 | +€748 | |
| Credit institutions | 430/8 | - | €748 | +€748 | |
| Trade debts | 44 | €32,168 | €31,756 | -€412 | -1.3% |
| Suppliers | 440/4 | €32,168 | €31,756 | -€412 | -1.3% |
| Taxes, remuneration and social security | 45 | €21,632 | €27,071 | +€5,439 | +25.1% |
| Taxes | 450/3 | €21,632 | €27,071 | +€5,439 | +25.1% |
| Accrued charges and deferred income | 492/3 | €105,725 | €109,369 | +€3,644 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,509 | €5,603 | -€906 | -13.9% |
| Other operating charges | 640/8 | €703 | €208 | -€496 | -70.5% |
| Non-recurring operating charges | 66A | €768 | €1,389 | +€621 | +80.8% |
| Gross operating margin | 9900 | €11,899 | €7,995 | -€3,904 | -32.8% |
| Operating profit (loss) | 9901 | €3,919 | €795 | -€3,123 | -79.7% |
| Financial income | 75/76B | €480 | €514 | +€34 | +7.2% |
| Recurring financial income | 75 | €480 | €514 | +€34 | +7.2% |
| Financial charges | 65/66B | €331 | €572 | +€241 | +73.0% |
| Recurring financial charges | 65 | €331 | €572 | +€241 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | €4,068 | €738 | -€3,330 | -81.9% |
| Income taxes | 67/77 | €484 | €539 | +€54 | +11.2% |
| Profit (loss) for the period | 9904 | €3,584 | €199 | -€3,385 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,584 | €199 | -€3,385 | -94.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.