Futurn 16: 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 16
Largest movements
- Stocks and contracts +€671,324
up €671,324 (+8.7%), from €7.8m to €8.4m
- Cash -€308,087
down €308,087 (-92.9%), from €331,732 to €23,645
mainly Short-term financial debts (-€2.8m) and Debts after one year (-€2.6m)
- Short-term financial debts -€2.8m
down €2.8m (-65.4%), from €4.3m to €1.5m
- Debts after one year -€2.6m
no longer reported in 2025 (was €2.6m)
- Profit (loss) carried forward +€2.4m
up €2.4m (+325%), from €730,530 to €3.1m
- Other debts +€2.1m
up €2.1m (+8,788%), from €23,712 to €2.1m
- Tax, wage and social debts +€699,949
up €699,949 (+425%), from €164,535 to €864,485
- Gross operating margin +€2.8m
up €2.8m (+442%), from €638,534 to €3.5m
- Taxes +€762,739
up €762,739 (+750%), from €101,745 to €864,485
- Other operating charges +€65,712
up €65,712 (+217%), from €30,304 to €96,016
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 | €8,648,497 | €8,943,370 | +€294,872 | +3.4% |
| Fixed assets | 21/28 | €2,484 | €2,484 | = | 0.0% |
| Financial fixed assets | 28 | €2,484 | €2,484 | = | 0.0% |
| Current assets | 29/58 | €8,646,014 | €8,940,886 | +€294,872 | +3.4% |
| Stocks and contracts in progress | 3 | €7,754,176 | €8,425,501 | +€671,324 | +8.7% |
| Contracts in progress | 37 | €7,754,176 | €8,425,501 | +€671,324 | +8.7% |
| Amounts receivable within one year | 40/41 | €559,282 | €491,741 | -€67,541 | -12.1% |
| Trade receivables | 40 | €533,164 | €486,703 | -€46,461 | -8.7% |
| Other amounts receivable | 41 | €26,118 | €5,038 | -€21,080 | -80.7% |
| Cash at bank and in hand | 54/58 | €331,732 | €23,645 | -€308,087 | -92.9% |
| Deferred charges and accrued income | 490/1 | €824 | - | -€824 | |
| Total equity and liabilities | 10/49 | €8,648,497 | €8,943,370 | +€294,872 | +3.4% |
| Equity | 10/15 | €1,060,530 | €3,435,332 | +€2.4m | +224% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €730,530 | €3,105,332 | +€2.4m | +325% |
| Amounts payable | 17/49 | €7,587,967 | €5,508,038 | -€2.1m | -27.4% |
| Amounts payable after more than one year | 17 | €2,595,917 | - | -€2.6m | |
| Other amounts payable | 178/9 | €2,595,917 | - | -€2.6m | |
| Amounts payable within one year | 42/48 | €4,947,436 | €5,047,891 | +€100,455 | +2.0% |
| Financial debts | 43 | €4,331,000 | €1,500,000 | -€2.8m | -65.4% |
| Credit institutions | 430/8 | €4,331,000 | €1,500,000 | -€2.8m | -65.4% |
| Trade debts | 44 | €428,188 | €575,832 | +€147,643 | +34.5% |
| Suppliers | 440/4 | €428,188 | €575,832 | +€147,643 | +34.5% |
| Taxes, remuneration and social security | 45 | €164,535 | €864,485 | +€699,949 | +425% |
| Taxes | 450/3 | €164,535 | €864,485 | +€699,949 | +425% |
| Other amounts payable | 47/48 | €23,712 | €2,107,575 | +€2.1m | +8,788% |
| Accrued charges and deferred income | 492/3 | €44,614 | €460,147 | +€415,533 | +931% |
| Other operating charges | 640/8 | €30,304 | €96,016 | +€65,712 | +217% |
| Gross operating margin | 9900 | €638,534 | €3,458,870 | +€2.8m | +442% |
| Operating profit (loss) | 9901 | €608,230 | €3,362,854 | +€2.8m | +453% |
| Financial income | 75/76B | - | €82 | +€82 | |
| Recurring financial income | 75 | - | €82 | +€82 | |
| Financial charges | 65/66B | €124,959 | €123,649 | -€1,310 | -1.0% |
| Recurring financial charges | 65 | €124,959 | €123,649 | -€1,310 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €483,271 | €3,239,286 | +€2.8m | +570% |
| Income taxes | 67/77 | €101,745 | €864,485 | +€762,739 | +750% |
| Profit (loss) for the period | 9904 | €381,526 | €2,374,802 | +€2.0m | +522% |
| Profit (loss) for the period to be appropriated | 9905 | €381,526 | €2,374,802 | +€2.0m | +522% |
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 30 October 2026 via checked.be.