Futurn: 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.
Futurn
Largest movements
- Receivables within one year -€2.6m
down €2.6m (-65.4%), from €4.0m to €1.4m
of which Other amounts receivable: -€2.4m
- Cash -€788,947
down €788,947 (-94.1%), from €838,698 to €49,750
mainly Contributions, distributions and other (-€3.0m) and Other debts (-€2.7m)
- Financial fixed assets -€425,213
down €425,213 (-3.9%), from €11.0m to €10.6m
- Other debts -€2.7m
down €2.7m (-35.5%), from €7.6m to €4.9m
- Debts after one year -€1.0m
no longer reported in 2025 (was €1.0m)
- Tax, wage and social debts -€225,832
down €225,832 (-84.4%), from €267,607 to €41,775
- Financial income +€3.7m
up €3.7m (+407.0%), from €911,161 to €4.6m
of which Financial income: +€3.3m
- Financial charges +€461,386
up €461,386 (+66.1%), from €698,385 to €1.2m
of which Non-recurring financial charges: +€443,675
- Turnover -€309,628
no longer reported in 2025 (was €309,628)
- Taxes -€165,814
down €165,814 (-100.0%), from €165,835 to €22
- Services and other goods +€94,612
up €94,612 (+280.0%), from €33,792 to €128,404
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 | €15,849,941 | €12,018,636 | -€3.8m | -24.2% |
| Fixed assets | 21/28 | €11,006,535 | €10,581,322 | -€425,213 | -3.9% |
| Tangible fixed assets | 22/27 | €25,344 | €25,344 | = | 0.0% |
| Other tangible fixed assets | 26 | €25,344 | €25,344 | = | 0.0% |
| Financial fixed assets | 28 | €10,981,192 | €10,555,978 | -€425,213 | -3.9% |
| Affiliated companies | 280/1 | €10,981,192 | €10,555,978 | -€425,213 | -3.9% |
| Participating interests | 280 | €3,145,444 | €8,883,165 | +€5.7m | +182.4% |
| Amounts receivable | 281 | €7,835,748 | €1,672,813 | -€6.2m | -78.7% |
| Current assets | 29/58 | €4,843,406 | €1,437,314 | -€3.4m | -70.3% |
| Amounts receivable within one year | 40/41 | €4,004,629 | €1,387,564 | -€2.6m | -65.4% |
| Trade receivables | 40 | €335,308 | €136,966 | -€198,342 | -59.2% |
| Other amounts receivable | 41 | €3,669,321 | €1,250,598 | -€2.4m | -65.9% |
| Cash at bank and in hand | 54/58 | €838,698 | €49,750 | -€788,947 | -94.1% |
| Deferred charges and accrued income | 490/1 | €79 | - | -€79 | |
| Total equity and liabilities | 10/49 | €15,849,941 | €12,018,636 | -€3.8m | -24.2% |
| Equity | 10/15 | €6,893,326 | €6,975,718 | +€82,392 | +1.2% |
| Contributions | 10/11 | €6,262,600 | €6,262,600 | = | 0.0% |
| Capital | 10 | €6,262,600 | €6,262,600 | = | 0.0% |
| Issued capital | 100 | €6,262,600 | €6,262,600 | = | 0.0% |
| Reserves | 13 | €626,260 | €626,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €626,260 | €626,260 | = | 0.0% |
| Legal reserve | 130 | €626,260 | €626,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,466 | €86,858 | +€82,392 | +1845.1% |
| Amounts payable | 17/49 | €8,956,615 | €5,042,919 | -€3.9m | -43.7% |
| Amounts payable after more than one year | 17 | €1,045,579 | - | -€1.0m | |
| Other amounts payable | 178/9 | €1,045,579 | - | -€1.0m | |
| Amounts payable within one year | 42/48 | €7,911,013 | €5,042,919 | -€2.9m | -36.3% |
| Trade debts | 44 | €11,530 | €78,850 | +€67,321 | +583.9% |
| Suppliers | 440/4 | €11,530 | €78,850 | +€67,321 | +583.9% |
| Taxes, remuneration and social security | 45 | €267,607 | €41,775 | -€225,832 | -84.4% |
| Taxes | 450/3 | €267,607 | €41,775 | -€225,832 | -84.4% |
| Other amounts payable | 47/48 | €7,631,876 | €4,922,293 | -€2.7m | -35.5% |
| Accrued charges and deferred income | 492/3 | €24 | - | -€24 | |
| Operating income | 70/76A | €309,628 | €87,289 | -€222,339 | -71.8% |
| Turnover | 70 | €309,628 | - | -€309,628 | |
| Other operating income | 74 | - | €87,289 | +€87,289 | |
| Operating charges | 60/66A | €35,246 | €464,735 | +€429,489 | +1218.5% |
| Services and other goods | 61 | €33,792 | €128,404 | +€94,612 | +280.0% |
| Other operating charges | 640/8 | €1,454 | €1,499 | +€44 | +3.0% |
| Non-recurring operating charges | 66A | - | €334,832 | +€334,832 | |
| Operating profit (loss) | 9901 | €274,382 | -€377,446 | -€651,828 | |
| Financial income | 75/76B | €911,161 | €4,619,630 | +€3.7m | +407.0% |
| Recurring financial income | 75 | €911,161 | €4,188,408 | +€3.3m | +359.7% |
| Income from financial fixed assets | 750 | €585,906 | €4,112,997 | +€3.5m | +602.0% |
| Income from current assets | 751 | €325,255 | €75,411 | -€249,845 | -76.8% |
| Non-recurring financial income | 76B | - | €431,222 | +€431,222 | |
| Financial charges | 65/66B | €698,385 | €1,159,771 | +€461,386 | +66.1% |
| Recurring financial charges | 65 | €196,950 | €214,661 | +€17,711 | +9.0% |
| Debt charges | 650 | €196,950 | €214,661 | +€17,711 | +9.0% |
| Non-recurring financial charges | 66B | €501,435 | €945,110 | +€443,675 | +88.5% |
| Profit (loss) for the period before taxes | 9903 | €487,159 | €3,082,414 | +€2.6m | +532.7% |
| Income taxes | 67/77 | €165,835 | €22 | -€165,814 | -100.0% |
| Taxes | 670/3 | €165,835 | €22 | -€165,814 | -100.0% |
| Profit (loss) for the period | 9904 | €321,324 | €3,082,392 | +€2.8m | +859.3% |
| Profit (loss) for the period to be appropriated | 9905 | €321,324 | €3,082,392 | +€2.8m | +859.3% |
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 11 October 2026 via checked.be.