FUTURAE: 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.
FUTURAE
Largest movements
- Tangible fixed assets -€223,813
down €223,813 (-100%), from €223,813 to €0
of which Land and buildings: -€190,059
- Other debts -€161,385
down €161,385 (-50.2%), from €321,533 to €160,148
- Debts after one year -€68,821
down €68,821 (-100%), from €68,821 to €0
- Profit (loss) carried forward +€12,268
up €12,268 (+6.4%), from -€190,986 to -€178,718
- Current portion of long-term debt -€6,400
down €6,400 (-100%), from €6,400 to €0
- Gross operating margin +€31,218
up €31,218, from -€13,521 to €17,697
- Depreciation -€16,311
down €16,311 (-100%), from €16,311 to €0
- Other operating charges -€435
down €435 (-25.0%), from €1,740 to €1,305
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 | €224,429 | €92 | -€224,337 | -100.0% |
| Fixed assets | 21/28 | €223,813 | €0 | -€223,813 | -100% |
| Tangible fixed assets | 22/27 | €223,813 | €0 | -€223,813 | -100% |
| Land and buildings | 22 | €190,059 | €0 | -€190,059 | -100% |
| Furniture and vehicles | 24 | €33,754 | €0 | -€33,754 | -100% |
| Current assets | 29/58 | €616 | €92 | -€524 | -85.0% |
| Cash at bank and in hand | 54/58 | €174 | €92 | -€82 | -47.0% |
| Deferred charges and accrued income | 490/1 | €442 | €0 | -€442 | -100% |
| Total equity and liabilities | 10/49 | €224,429 | €92 | -€224,337 | -100.0% |
| Equity | 10/15 | -€172,386 | -€160,118 | +€12,268 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,986 | -€178,718 | +€12,268 | +6.4% |
| Amounts payable | 17/49 | €396,815 | €160,210 | -€236,604 | -59.6% |
| Amounts payable after more than one year | 17 | €68,821 | €0 | -€68,821 | -100% |
| Financial debts | 170/4 | €68,821 | €0 | -€68,821 | -100% |
| Amounts payable within one year | 42/48 | €327,994 | €160,210 | -€167,783 | -51.2% |
| Current portion of amounts payable after more than one year | 42 | €6,400 | €0 | -€6,400 | -100% |
| Taxes, remuneration and social security | 45 | €60 | €62 | +€2 | +3.0% |
| Taxes | 450/3 | €60 | €62 | +€2 | +3.0% |
| Other amounts payable | 47/48 | €321,533 | €160,148 | -€161,385 | -50.2% |
| Non-recurring operating income | 76A | €0 | €44,517 | +€44,517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,311 | €0 | -€16,311 | -100% |
| Other operating charges | 640/8 | €1,740 | €1,305 | -€435 | -25.0% |
| Non-recurring operating charges | 66A | - | €2,725 | +€2,725 | |
| Gross operating margin | 9900 | -€13,521 | €17,697 | +€31,218 | |
| Operating profit (loss) | 9901 | -€31,572 | €13,667 | +€45,239 | |
| Financial charges | 65/66B | €1,168 | €1,337 | +€170 | +14.5% |
| Recurring financial charges | 65 | €1,168 | €1,337 | +€170 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | -€32,740 | €12,330 | +€45,069 | |
| Income taxes | 67/77 | €60 | €62 | +€2 | +3.0% |
| Profit (loss) for the period | 9904 | -€32,800 | €12,268 | +€45,068 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,800 | €12,268 | +€45,068 |
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.