FUTURN PROJECTS: 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 PROJECTS
Largest movements
- Stocks and contracts +€53,295
new in 2025: €53,295
- Cash -€37,392
down €37,392 (-52.8%), from €70,790 to €33,397
mainly Trade debts (-€81,891) and Net result for the year (-€61,096)
- Debts after one year +€156,880
up €156,880 (+54.5%), from €288,006 to €444,886
- Trade debts -€81,891
down €81,891 (-87.9%), from €93,179 to €11,288
- Profit (loss) carried forward -€61,096
down €61,096 (-16.2%), from -€376,259 to -€437,355
- Accrued charges and deferred income +€1,257
new in 2025: €1,257
- Gross operating margin -€31,546
down €31,546 (-323.0%), from -€9,767 to -€41,313
- Financial charges +€3,318
up €3,318 (+20.9%), from €15,850 to €19,167
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 | €73,125 | €88,275 | +€15,150 | +20.7% |
| Current assets | 29/58 | €73,125 | €88,275 | +€15,150 | +20.7% |
| Stocks and contracts in progress | 3 | - | €53,295 | +€53,295 | |
| Contracts in progress | 37 | - | €53,295 | +€53,295 | |
| Amounts receivable within one year | 40/41 | €2,335 | €1,583 | -€752 | -32.2% |
| Other amounts receivable | 41 | €2,335 | €1,583 | -€752 | -32.2% |
| Cash at bank and in hand | 54/58 | €70,790 | €33,397 | -€37,392 | -52.8% |
| Total equity and liabilities | 10/49 | €73,125 | €88,275 | +€15,150 | +20.7% |
| Equity | 10/15 | -€308,059 | -€369,155 | -€61,096 | -19.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€376,259 | -€437,355 | -€61,096 | -16.2% |
| Amounts payable | 17/49 | €381,184 | €457,431 | +€76,246 | +20.0% |
| Amounts payable after more than one year | 17 | €288,006 | €444,886 | +€156,880 | +54.5% |
| Other amounts payable | 178/9 | €288,006 | €444,886 | +€156,880 | +54.5% |
| Amounts payable within one year | 42/48 | €93,179 | €11,288 | -€81,891 | -87.9% |
| Trade debts | 44 | €93,179 | €11,288 | -€81,891 | -87.9% |
| Suppliers | 440/4 | €93,179 | €11,288 | -€81,891 | -87.9% |
| Accrued charges and deferred income | 492/3 | - | €1,257 | +€1,257 | |
| Non-recurring operating income | 76A | €30,424 | €0 | -€30,424 | -100.0% |
| Other operating charges | 640/8 | €584 | €615 | +€31 | +5.4% |
| Gross operating margin | 9900 | -€9,767 | -€41,313 | -€31,546 | -323.0% |
| Operating profit (loss) | 9901 | -€10,351 | -€41,928 | -€31,577 | -305.1% |
| Financial charges | 65/66B | €15,850 | €19,167 | +€3,318 | +20.9% |
| Recurring financial charges | 65 | €15,850 | €19,167 | +€3,318 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | -€26,201 | -€61,096 | -€34,895 | -133.2% |
| Profit (loss) for the period | 9904 | -€26,201 | -€61,096 | -€34,895 | -133.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,201 | -€61,096 | -€34,895 | -133.2% |
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 12 October 2026 via checked.be.