Futurewave: 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.
Futurewave
Largest movements
- Cash -€175,581
down €175,581 (-72.5%), from €242,204 to €66,623
mainly Net result for the year (-€171,694) and Advances received (-€155,935)
- Tangible fixed assets -€29,831
down €29,831 (-19.6%), from €152,156 to €122,325
of which Furniture and vehicles: -€17,646
- Deferred charges and accrued income -€20,793
down €20,793 (-34.9%), from €59,508 to €38,715
- Profit (loss) carried forward -€171,694
down €171,694 (-49.7%), from €345,711 to €174,017
- Advances received -€155,935
no longer reported in 2025 (was €155,935)
- Trade debts +€137,221
up €137,221 (+214%), from €64,144 to €201,364
- Accrued charges and deferred income -€13,820
no longer reported in 2025 (was €13,820)
- Debts after one year -€10,163
down €10,163 (-9.6%), from €105,996 to €95,833
- Staff costs +€348,569
up €348,569 (+54.4%), from €640,165 to €988,734
- Gross operating margin +€156,287
up €156,287 (+21.9%), from €715,009 to €871,295
- Depreciation +€12,035
up €12,035 (+49.9%), from €24,137 to €36,172
- Other operating charges -€11,314
down €11,314 (-56.7%), from €19,965 to €8,652
- Taxes -€10,584
down €10,584 (-94.8%), from €11,169 to €584
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.
Derived cash bridge
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 | €861,092 | €641,800 | -€219,292 | -25.5% |
| Fixed assets | 21/28 | €168,621 | €137,762 | -€30,859 | -18.3% |
| Tangible fixed assets | 22/27 | €152,156 | €122,325 | -€29,831 | -19.6% |
| Plant, machinery and equipment | 23 | €9,470 | €5,884 | -€3,586 | -37.9% |
| Furniture and vehicles | 24 | €58,932 | €41,286 | -€17,646 | -29.9% |
| Other tangible fixed assets | 26 | €83,754 | €75,155 | -€8,599 | -10.3% |
| Financial fixed assets | 28 | €16,465 | €15,438 | -€1,028 | -6.2% |
| Current assets | 29/58 | €692,471 | €504,038 | -€188,433 | -27.2% |
| Amounts receivable within one year | 40/41 | €390,759 | €398,700 | +€7,941 | +2.0% |
| Trade receivables | 40 | €334,779 | €354,827 | +€20,048 | +6.0% |
| Other amounts receivable | 41 | €55,979 | €43,873 | -€12,106 | -21.6% |
| Cash at bank and in hand | 54/58 | €242,204 | €66,623 | -€175,581 | -72.5% |
| Deferred charges and accrued income | 490/1 | €59,508 | €38,715 | -€20,793 | -34.9% |
| Total equity and liabilities | 10/49 | €861,092 | €641,800 | -€219,292 | -25.5% |
| Equity | 10/15 | €348,711 | €177,017 | -€171,694 | -49.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €345,711 | €174,017 | -€171,694 | -49.7% |
| Amounts payable | 17/49 | €512,381 | €464,783 | -€47,597 | -9.3% |
| Amounts payable after more than one year | 17 | €105,996 | €95,833 | -€10,163 | -9.6% |
| Financial debts | 170/4 | €105,996 | €95,833 | -€10,163 | -9.6% |
| Amounts payable within one year | 42/48 | €392,565 | €368,950 | -€23,615 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €27,083 | €27,083 | = | 0.0% |
| Trade debts | 44 | €64,144 | €201,364 | +€137,221 | +214% |
| Suppliers | 440/4 | €64,144 | €201,364 | +€137,221 | +214% |
| Advances received on contracts in progress | 46 | €155,935 | - | -€155,935 | |
| Taxes, remuneration and social security | 45 | €145,403 | €140,502 | -€4,901 | -3.4% |
| Taxes | 450/3 | €73,949 | €3,129 | -€70,820 | -95.8% |
| Remuneration and social security | 454/9 | €71,454 | €137,373 | +€65,919 | +92.3% |
| Accrued charges and deferred income | 492/3 | €13,820 | - | -€13,820 | |
| Remuneration, social security and pensions | 62 | €640,165 | €988,734 | +€348,569 | +54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,137 | €36,172 | +€12,035 | +49.9% |
| Other operating charges | 640/8 | €19,965 | €8,652 | -€11,314 | -56.7% |
| Gross operating margin | 9900 | €715,009 | €871,295 | +€156,287 | +21.9% |
| Operating profit (loss) | 9901 | €30,741 | -€162,262 | -€193,003 | |
| Financial income | 75/76B | €744 | €2,380 | +€1,635 | +220% |
| Recurring financial income | 75 | €744 | €2,380 | +€1,635 | +220% |
| Financial charges | 65/66B | €6,532 | €11,228 | +€4,696 | +71.9% |
| Recurring financial charges | 65 | €6,532 | €11,228 | +€4,696 | +71.9% |
| Profit (loss) for the period before taxes | 9903 | €24,954 | -€171,110 | -€196,064 | |
| Income taxes | 67/77 | €11,169 | €584 | -€10,584 | -94.8% |
| Profit (loss) for the period | 9904 | €13,785 | -€171,694 | -€185,479 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,785 | -€171,694 | -€185,479 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.