FORADIA: 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.
FORADIA
Largest movements
- Receivables within one year +€14,029
up €14,029 (+19.0%), from €73,803 to €87,832
- Tangible fixed assets -€4,282
down €4,282 (-64.3%), from €6,664 to €2,382
- Reserves +€13,600
up €13,600 (+36.1%), from €37,700 to €51,300
- Debts after one year -€3,111
down €3,111 (-37.0%), from €8,413 to €5,302
- Debts within one year -€1,804
down €1,804 (-16.7%), from €10,798 to €8,994
- Gross operating margin +€16,910
up €16,910 (+335.2%), from €5,044 to €21,954
- Taxes +€1,579
new in 2019: €1,579
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,929 | €91,689 | +€8,760 | +10.6% |
| Fixed assets | 21/28 | €6,756 | €2,474 | -€4,282 | -63.4% |
| Tangible fixed assets | 22/27 | €6,664 | €2,382 | -€4,282 | -64.3% |
| Financial fixed assets | 28 | €92 | €92 | = | 0.0% |
| Current assets | 29/58 | €76,173 | €89,215 | +€13,042 | +17.1% |
| Stocks and contracts in progress | 3 | €2,000 | €1,200 | -€800 | -40.0% |
| Amounts receivable within one year | 40/41 | €73,803 | €87,832 | +€14,029 | +19.0% |
| Cash at bank and in hand | 54/58 | €370 | €183 | -€187 | -50.5% |
| Total equity and liabilities | 10/49 | €82,929 | €91,689 | +€8,760 | +10.6% |
| Equity | 10/15 | €63,718 | €77,393 | +€13,675 | +21.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €37,700 | €51,300 | +€13,600 | +36.1% |
| Profit (loss) carried forward | 14 | €25,918 | €25,993 | +€75 | +0.3% |
| Amounts payable | 17/49 | €19,211 | €14,296 | -€4,915 | -25.6% |
| Amounts payable after more than one year | 17 | €8,413 | €5,302 | -€3,111 | -37.0% |
| Amounts payable within one year | 42/48 | €10,798 | €8,994 | -€1,804 | -16.7% |
| Trade debts | 44 | €1,722 | €1,449 | -€273 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,032 | €6,102 | +€70 | +1.2% |
| Gross operating margin | 9900 | €5,044 | €21,954 | +€16,910 | +335.2% |
| Operating profit (loss) | 9901 | -€1,293 | €14,348 | +€15,641 | |
| Recurring financial income | 75 | €4,000 | €4,000 | = | 0.0% |
| Recurring financial charges | 65 | €2,043 | €3,094 | +€1,051 | +51.4% |
| Profit (loss) for the period before taxes | 9903 | €664 | €15,254 | +€14,590 | +2197.3% |
| Income taxes | 67/77 | - | €1,579 | +€1,579 | |
| Profit (loss) for the period | 9904 | €664 | €13,675 | +€13,011 | +1959.5% |
| Profit (loss) for the period to be appropriated | 9905 | €664 | €13,675 | +€13,011 | +1959.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.