FORA-Engineering: 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.
FORA-Engineering
Largest movements
- Cash -€22,694
down €22,694 (-68.1%), from €33,312 to €10,619
mainly Contributions, distributions and other (-€43,524) and Current investments (-€5,138)
- Receivables within one year -€8,162
down €8,162 (-52.5%), from €15,534 to €7,373
of which Trade receivables: -€8,505
- Current investments +€5,138
up €5,138 (+276.0%), from €1,861 to €6,999
- Tangible fixed assets -€3,707
down €3,707 (-96.1%), from €3,858 to €151
- Reserves -€31,255
down €31,255 (-71.8%), from €43,524 to €12,269
- Other debts +€6,498
up €6,498 (+503.3%), from €1,291 to €7,789
- Tax, wage and social debts -€4,436
down €4,436 (-56.9%), from €7,803 to €3,366
- Depreciation -€7,938
down €7,938 (-68.2%), from €11,644 to €3,707
- Gross operating margin -€820
down €820 (-3.7%), from €22,131 to €21,311
- Taxes +€619
up €619 (+16.6%), from €3,737 to €4,356
- Other operating charges +€417
up €417 (+81.0%), from €514 to €931
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 | €55,298 | €25,891 | -€29,408 | -53.2% |
| Fixed assets | 21/28 | €3,858 | €151 | -€3,707 | -96.1% |
| Tangible fixed assets | 22/27 | €3,858 | €151 | -€3,707 | -96.1% |
| Furniture and vehicles | 24 | €3,858 | €151 | -€3,707 | -96.1% |
| Current assets | 29/58 | €51,440 | €25,739 | -€25,701 | -50.0% |
| Amounts receivable within one year | 40/41 | €15,534 | €7,373 | -€8,162 | -52.5% |
| Trade receivables | 40 | €15,534 | €7,029 | -€8,505 | -54.8% |
| Other amounts receivable | 41 | - | €344 | +€344 | |
| Current investments | 50/53 | €1,861 | €6,999 | +€5,138 | +276.0% |
| Cash at bank and in hand | 54/58 | €33,312 | €10,619 | -€22,694 | -68.1% |
| Deferred charges and accrued income | 490/1 | €733 | €749 | +€16 | +2.2% |
| Total equity and liabilities | 10/49 | €55,298 | €25,891 | -€29,408 | -53.2% |
| Equity | 10/15 | €45,524 | €14,269 | -€31,255 | -68.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €43,524 | €12,269 | -€31,255 | -71.8% |
| Distributable reserves | 133 | €43,524 | €12,269 | -€31,255 | -71.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,774 | €11,622 | +€1,847 | +18.9% |
| Amounts payable within one year | 42/48 | €9,513 | €11,223 | +€1,709 | +18.0% |
| Trade debts | 44 | €420 | €68 | -€352 | -83.9% |
| Suppliers | 440/4 | €420 | €68 | -€352 | -83.9% |
| Taxes, remuneration and social security | 45 | €7,803 | €3,366 | -€4,436 | -56.9% |
| Taxes | 450/3 | €7,803 | €3,366 | -€4,436 | -56.9% |
| Other amounts payable | 47/48 | €1,291 | €7,789 | +€6,498 | +503.3% |
| Accrued charges and deferred income | 492/3 | €261 | €399 | +€138 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,644 | €3,707 | -€7,938 | -68.2% |
| Other operating charges | 640/8 | €514 | €931 | +€417 | +81.0% |
| Gross operating margin | 9900 | €22,131 | €21,311 | -€820 | -3.7% |
| Operating profit (loss) | 9901 | €9,972 | €16,673 | +€6,701 | +67.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €39 | €48 | +€9 | +22.5% |
| Recurring financial charges | 65 | €39 | €48 | +€9 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €9,933 | €16,625 | +€6,692 | +67.4% |
| Income taxes | 67/77 | €3,737 | €4,356 | +€619 | +16.6% |
| Profit (loss) for the period | 9904 | €6,196 | €12,269 | +€6,073 | +98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,196 | €12,269 | +€6,073 | +98.0% |
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 7 October 2026 via checked.be.