FORAKO: what changed
FORAKO
Largest movements
- Receivables within one year +€18,966
up €18,966 (+31.4%), from €60,455 to €79,421
of which Trade receivables: +€13,681
- Trade debts +€16,642
up €16,642 (+127%), from €13,155 to €29,797
- Tax, wage and social debts +€3,799
up €3,799 (+56.8%), from €6,692 to €10,491
- Profit (loss) carried forward -€1,691
down €1,691 (-9.2%), from €18,428 to €16,737
- Gross operating margin +€38,823
up €38,823, from -€1,739 to €37,084
- Staff costs +€25,030
new in 2025: €25,030
- Other operating charges +€6,931
up €6,931 (+1,478%), from €469 to €7,400
- Depreciation -€5,751
no longer reported in 2025 (was €5,751)
- Financial charges +€3,658
up €3,658 (+1,655%), from €221 to €3,879
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,463 | €79,456 | +€18,993 | +31.4% |
| Current assets | 29/58 | €60,463 | €79,456 | +€18,993 | +31.4% |
| Amounts receivable within one year | 40/41 | €60,455 | €79,421 | +€18,966 | +31.4% |
| Trade receivables | 40 | €26,363 | €40,044 | +€13,681 | +51.9% |
| Other amounts receivable | 41 | €34,092 | €39,377 | +€5,285 | +15.5% |
| Cash at bank and in hand | 54/58 | €8 | €35 | +€27 | +338% |
| Total equity and liabilities | 10/49 | €60,463 | €79,456 | +€18,993 | +31.4% |
| Equity | 10/15 | €37,028 | €35,337 | -€1,691 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €18,428 | €16,737 | -€1,691 | -9.2% |
| Amounts payable | 17/49 | €23,435 | €44,119 | +€20,684 | +88.3% |
| Amounts payable within one year | 42/48 | €23,435 | €44,119 | +€20,684 | +88.3% |
| Financial debts | 43 | €3,588 | €3,831 | +€243 | +6.8% |
| Credit institutions | 430/8 | €3,588 | €3,831 | +€243 | +6.8% |
| Trade debts | 44 | €13,155 | €29,797 | +€16,642 | +127% |
| Suppliers | 440/4 | €13,155 | €29,797 | +€16,642 | +127% |
| Taxes, remuneration and social security | 45 | €6,692 | €10,491 | +€3,799 | +56.8% |
| Taxes | 450/3 | €6,692 | €10,491 | +€3,799 | +56.8% |
| Remuneration, social security and pensions | 62 | - | €25,030 | +€25,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,751 | - | -€5,751 | |
| Other operating charges | 640/8 | €469 | €7,400 | +€6,931 | +1,478% |
| Gross operating margin | 9900 | -€1,739 | €37,084 | +€38,823 | |
| Operating profit (loss) | 9901 | -€7,959 | €4,654 | +€12,613 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €221 | €3,879 | +€3,658 | +1,655% |
| Recurring financial charges | 65 | €221 | €3,879 | +€3,658 | +1,655% |
| Profit (loss) for the period before taxes | 9903 | -€8,180 | €776 | +€8,956 | |
| Income taxes | 67/77 | €1,836 | €2,467 | +€631 | +34.4% |
| Profit (loss) for the period | 9904 | -€10,016 | -€1,691 | +€8,325 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,016 | -€1,691 | +€8,325 | +83.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.