FUUT: what changed
Two fiscal 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.
FUUT
Largest movements
- Current investments +€110,495
up €110,495 (+223.2%), from €49,505 to €160,000
- Cash -€52,899
down €52,899 (-37.3%), from €141,666 to €88,767
mainly Current investments (-€110,495) and Other debts (-€3,233)
- Receivables after one year -€5,169
no longer reported in 2025 (was €5,169)
- Reserves +€38,019
up €38,019 (+18.7%), from €203,714 to €241,733
- Tax, wage and social debts +€15,058
up €15,058 (+788.8%), from €1,909 to €16,966
- Other debts -€3,233
down €3,233 (-90.9%), from €3,557 to €324
- Gross operating margin +€23,319
up €23,319 (+69.9%), from €33,375 to €56,694
- Taxes +€9,342
up €9,342 (+98.6%), from €9,475 to €18,817
- Financial charges +€4,185
up €4,185, from -€3,989 to €196
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 | €216,429 | €266,848 | +€50,419 | +23.3% |
| Fixed assets | 21/28 | €1,743 | €787 | -€956 | -54.9% |
| Tangible fixed assets | 22/27 | €1,743 | €787 | -€956 | -54.9% |
| Plant, machinery and equipment | 23 | €781 | €423 | -€358 | -45.8% |
| Furniture and vehicles | 24 | €961 | €363 | -€598 | -62.2% |
| Current assets | 29/58 | €214,687 | €266,061 | +€51,375 | +23.9% |
| Amounts receivable after more than one year | 29 | €5,169 | - | -€5,169 | |
| Other amounts receivable | 291 | €5,169 | - | -€5,169 | |
| Amounts receivable within one year | 40/41 | €18,283 | €17,045 | -€1,238 | -6.8% |
| Trade receivables | 40 | €11,888 | €7,045 | -€4,843 | -40.7% |
| Other amounts receivable | 41 | €6,395 | €10,000 | +€3,605 | +56.4% |
| Current investments | 50/53 | €49,505 | €160,000 | +€110,495 | +223.2% |
| Cash at bank and in hand | 54/58 | €141,666 | €88,767 | -€52,899 | -37.3% |
| Deferred charges and accrued income | 490/1 | €63 | €249 | +€185 | +292.6% |
| Total equity and liabilities | 10/49 | €216,429 | €266,848 | +€50,419 | +23.3% |
| Equity | 10/15 | €209,914 | €247,933 | +€38,019 | +18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €203,714 | €241,733 | +€38,019 | +18.7% |
| Distributable reserves | 133 | €203,714 | €241,733 | +€38,019 | +18.7% |
| Amounts payable | 17/49 | €6,515 | €18,914 | +€12,399 | +190.3% |
| Amounts payable within one year | 42/48 | €6,496 | €18,242 | +€11,746 | +180.8% |
| Trade debts | 44 | €1,030 | €951 | -€79 | -7.7% |
| Suppliers | 440/4 | €1,030 | €951 | -€79 | -7.7% |
| Taxes, remuneration and social security | 45 | €1,909 | €16,966 | +€15,058 | +788.8% |
| Taxes | 450/3 | €1,909 | €16,966 | +€15,058 | +788.8% |
| Other amounts payable | 47/48 | €3,557 | €324 | -€3,233 | -90.9% |
| Accrued charges and deferred income | 492/3 | €19 | €673 | +€654 | +3391.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,403 | €956 | -€447 | -31.9% |
| Other operating charges | 640/8 | €505 | €531 | +€26 | +5.1% |
| Gross operating margin | 9900 | €33,375 | €56,694 | +€23,319 | +69.9% |
| Operating profit (loss) | 9901 | €31,466 | €55,207 | +€23,740 | +75.4% |
| Financial income | 75/76B | €1,626 | €1,826 | +€200 | +12.3% |
| Recurring financial income | 75 | €1,626 | €1,826 | +€200 | +12.3% |
| Financial charges | 65/66B | -€3,989 | €196 | +€4,185 | |
| Recurring financial charges | 65 | -€3,989 | €196 | +€4,185 | |
| Profit (loss) for the period before taxes | 9903 | €37,081 | €56,837 | +€19,755 | +53.3% |
| Income taxes | 67/77 | €9,475 | €18,817 | +€9,342 | +98.6% |
| Profit (loss) for the period | 9904 | €27,606 | €38,019 | +€10,413 | +37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,606 | €38,019 | +€10,413 | +37.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.