FUTURUM: 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.
FUTURUM
Largest movements
- Current investments +€1.8m
new in 2025: €1.8m
- Tangible fixed assets -€898,385
no longer reported in 2025 (was €898,385)
- Cash +€60,484
up €60,484 (+160%), from €37,851 to €98,335
mainly Net result for the year (+€944,199) and Investment in fixed assets (net) (+€898,385)
- Reserves +€944,199
up €944,199 (+395%), from €238,753 to €1.2m
of which Distributable reserves: +€944,199
- Trade debts +€31,549
up €31,549 (+244%), from €12,930 to €44,478
- Gross operating margin +€1.4m
up €1.4m (+2,459%), from €55,947 to €1.4m
- Taxes +€443,206
up €443,206 (+6,975%), from €6,354 to €449,560
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 | €982,490 | €1,958,237 | +€975,748 | +99.3% |
| Fixed assets | 21/28 | €898,921 | €536 | -€898,385 | -99.9% |
| Tangible fixed assets | 22/27 | €898,385 | - | -€898,385 | |
| Land and buildings | 22 | €898,385 | - | -€898,385 | |
| Financial fixed assets | 28 | €536 | €536 | = | 0.0% |
| Current assets | 29/58 | €83,569 | €1,957,701 | +€1.9m | +2,243% |
| Amounts receivable within one year | 40/41 | €45,718 | €32,911 | -€12,807 | -28.0% |
| Trade receivables | 40 | €12,165 | €29,040 | +€16,876 | +139% |
| Other amounts receivable | 41 | €33,554 | €3,871 | -€29,683 | -88.5% |
| Current investments | 50/53 | - | €1,825,000 | +€1.8m | |
| Cash at bank and in hand | 54/58 | €37,851 | €98,335 | +€60,484 | +160% |
| Deferred charges and accrued income | 490/1 | - | €1,456 | +€1,456 | |
| Total equity and liabilities | 10/49 | €982,490 | €1,958,237 | +€975,748 | +99.3% |
| Equity | 10/15 | €358,753 | €1,302,952 | +€944,199 | +263% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €238,753 | €1,182,952 | +€944,199 | +395% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,236 | €9,236 | = | 0.0% |
| Distributable reserves | 133 | €217,517 | €1,161,716 | +€944,199 | +434% |
| Amounts payable | 17/49 | €623,736 | €655,285 | +€31,549 | +5.1% |
| Amounts payable after more than one year | 17 | €371,840 | €371,840 | = | 0.0% |
| Financial debts | 170/4 | €371,840 | €371,840 | = | 0.0% |
| Amounts payable within one year | 42/48 | €251,896 | €283,445 | +€31,549 | +12.5% |
| Financial debts | 43 | €229,912 | €229,912 | = | 0.0% |
| Credit institutions | 430/8 | €229,912 | €229,912 | = | 0.0% |
| Trade debts | 44 | €12,930 | €44,478 | +€31,549 | +244% |
| Suppliers | 440/4 | €12,930 | €44,478 | +€31,549 | +244% |
| Taxes, remuneration and social security | 45 | €6,354 | €6,354 | = | 0.0% |
| Taxes | 450/3 | €6,354 | €6,354 | = | 0.0% |
| Other amounts payable | 47/48 | €2,700 | €2,700 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,488,797 | +€1.5m | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,289 | - | -€2,289 | |
| Other operating charges | 640/8 | €27,328 | €37,595 | +€10,267 | +37.6% |
| Gross operating margin | 9900 | €55,947 | €1,431,463 | +€1.4m | +2,459% |
| Operating profit (loss) | 9901 | €26,330 | €1,393,868 | +€1.4m | +5,194% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €165 | €109 | -€56 | -34.0% |
| Recurring financial charges | 65 | €165 | €109 | -€56 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €26,165 | €1,393,759 | +€1.4m | +5,227% |
| Income taxes | 67/77 | €6,354 | €449,560 | +€443,206 | +6,975% |
| Profit (loss) for the period | 9904 | €19,811 | €944,199 | +€924,388 | +4,666% |
| Profit (loss) for the period to be appropriated | 9905 | €19,811 | €944,199 | +€924,388 | +4,666% |
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 13 October 2026 via checked.be.