Futurn C: 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 C
Largest movements
- Receivables within one year -€10.6m
down €10.6m (-82.5%), from €12.8m to €2.2m
of which Other amounts receivable: -€5.5m
- Cash -€865,575
down €865,575 (-68.2%), from €1.3m to €403,601
mainly Advances received (-€5.4m) and Other debts (-€4.0m)
- Advances received -€5.4m
no longer reported in 2025 (was €5.4m)
- Other debts -€4.0m
no longer reported in 2025 (was €4.0m)
- Profit (loss) carried forward -€1.9m
down €1.9m, from €734,065 to -€1.2m
- Tax, wage and social debts -€1.2m
no longer reported in 2025 (was €1.2m)
- Trade debts +€925,357
up €925,357 (+46.5%), from €2.0m to €2.9m
- Turnover -€12.3m
no longer reported in 2025 (was €12.3m)
- Goods and materials -€10.1m
no longer reported in 2025 (was €10.1m)
- Gross operating margin -€2.1m
new in 2025: -€2.1m
- Services and other goods -€1.4m
no longer reported in 2025 (was €1.4m)
- Write-downs -€606,730
no longer reported in 2025 (was €606,730)
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 | €14,103,841 | €2,647,869 | -€11.5m | -81.2% |
| Current assets | 29/58 | €14,103,841 | €2,647,869 | -€11.5m | -81.2% |
| Amounts receivable within one year | 40/41 | €12,834,665 | €2,244,268 | -€10.6m | -82.5% |
| Trade receivables | 40 | €6,645,636 | €1,593,543 | -€5.1m | -76.0% |
| Other amounts receivable | 41 | €6,189,029 | €650,725 | -€5.5m | -89.5% |
| Cash at bank and in hand | 54/58 | €1,269,176 | €403,601 | -€865,575 | -68.2% |
| Total equity and liabilities | 10/49 | €14,103,841 | €2,647,869 | -€11.5m | -81.2% |
| Equity | 10/15 | €1,565,128 | -€356,413 | -€1.9m | |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €331,064 | €331,064 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €281,064 | €281,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | €734,065 | -€1,187,476 | -€1.9m | |
| Amounts payable | 17/49 | €12,538,713 | €3,004,282 | -€9.5m | -76.0% |
| Amounts payable within one year | 42/48 | €12,527,344 | €2,914,282 | -€9.6m | -76.7% |
| Trade debts | 44 | €1,988,925 | €2,914,282 | +€925,357 | +46.5% |
| Suppliers | 440/4 | €1,988,925 | €2,914,282 | +€925,357 | +46.5% |
| Advances received on contracts in progress | 46 | €5,352,083 | - | -€5.4m | |
| Taxes, remuneration and social security | 45 | €1,186,335 | - | -€1.2m | |
| Taxes | 450/3 | €1,186,335 | - | -€1.2m | |
| Other amounts payable | 47/48 | €4,000,000 | - | -€4.0m | |
| Accrued charges and deferred income | 492/3 | €11,369 | €90,000 | +€78,631 | +692% |
| Operating income | 70/76A | €12,247,381 | - | -€12.2m | |
| Turnover | 70 | €12,348,159 | - | -€12.3m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€265,481 | - | +€265,481 | |
| Other operating income | 74 | €164,703 | - | -€164,703 | |
| Operating charges | 60/66A | €12,064,400 | - | -€12.1m | |
| Goods for resale, raw materials and consumables | 60 | €10,058,676 | - | -€10.1m | |
| Purchases | 600/8 | €10,058,676 | - | -€10.1m | |
| Services and other goods | 61 | €1,397,539 | - | -€1.4m | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €606,730 | - | -€606,730 | |
| Other operating charges | 640/8 | €1,454 | €1,499 | +€44 | +3.0% |
| Gross operating margin | 9900 | - | -€2,069,659 | -€2.1m | |
| Operating profit (loss) | 9901 | €182,981 | -€2,071,157 | -€2.3m | |
| Financial income | 75/76B | €149,940 | €149,921 | -€18 | 0.0% |
| Recurring financial income | 75 | €149,940 | €149,921 | -€18 | 0.0% |
| Income from current assets | 751 | €149,940 | - | -€149,940 | |
| Financial charges | 65/66B | €64,474 | €305 | -€64,169 | -99.5% |
| Recurring financial charges | 65 | €64,474 | €305 | -€64,169 | -99.5% |
| Debt charges | 650 | €64,474 | - | -€64,474 | |
| Profit (loss) for the period before taxes | 9903 | €268,446 | -€1,921,541 | -€2.2m | |
| Income taxes | 67/77 | €73,152 | - | -€73,152 | |
| Taxes | 670/3 | €73,152 | - | -€73,152 | |
| Profit (loss) for the period | 9904 | €195,295 | -€1,921,541 | -€2.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €195,295 | -€1,921,541 | -€2.1m |
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 22 October 2026 via checked.be.