FORBAT: 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.
FORBAT
Largest movements
- Receivables within one year -€7,622
down €7,622 (-55.4%), from €13,768 to €6,147
of which Trade receivables: -€8,778
- Cash +€3,597
up €3,597 (+154.1%), from €2,335 to €5,931
mainly Receivables within one year (+€7,622) and Deferred charges and accrued income (+€2,045)
- Deferred charges and accrued income -€2,045
down €2,045 (-80.7%), from €2,533 to €488
- Tangible fixed assets -€486
down €486 (-56.9%), from €854 to €369
of which Furniture and vehicles: -€342
- Profit (loss) carried forward -€4,053
down €4,053 (-154.1%), from -€2,631 to -€6,684
- Trade debts -€1,189
no longer reported in 2025 (was €1,189)
- Accrued charges and deferred income -€846
no longer reported in 2025 (was €846)
- Other debts -€468
down €468 (-44.1%), from €1,060 to €592
- Gross operating margin -€6,586
down €6,586, from €2,725 to -€3,861
- Taxes -€940
new in 2025: -€940
- Depreciation -€43
down €43 (-8.2%), from €529 to €486
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 | €19,490 | €12,935 | -€6,556 | -33.6% |
| Fixed assets | 21/28 | €854 | €369 | -€486 | -56.9% |
| Tangible fixed assets | 22/27 | €854 | €369 | -€486 | -56.9% |
| Plant, machinery and equipment | 23 | €144 | - | -€144 | |
| Furniture and vehicles | 24 | €710 | €369 | -€342 | -48.1% |
| Current assets | 29/58 | €18,636 | €12,566 | -€6,070 | -32.6% |
| Amounts receivable within one year | 40/41 | €13,768 | €6,147 | -€7,622 | -55.4% |
| Trade receivables | 40 | €13,240 | €4,462 | -€8,778 | -66.3% |
| Other amounts receivable | 41 | €529 | €1,685 | +€1,156 | +218.6% |
| Cash at bank and in hand | 54/58 | €2,335 | €5,931 | +€3,597 | +154.1% |
| Deferred charges and accrued income | 490/1 | €2,533 | €488 | -€2,045 | -80.7% |
| Total equity and liabilities | 10/49 | €19,490 | €12,935 | -€6,556 | -33.6% |
| Equity | 10/15 | €16,396 | €12,342 | -€4,053 | -24.7% |
| Contributions | 10/11 | €7,267 | €7,267 | = | 0.0% |
| Reserves | 13 | €11,760 | €11,760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,900 | €9,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,631 | -€6,684 | -€4,053 | -154.1% |
| Amounts payable | 17/49 | €3,095 | €592 | -€2,502 | -80.9% |
| Amounts payable within one year | 42/48 | €2,249 | €592 | -€1,657 | -73.7% |
| Trade debts | 44 | €1,189 | - | -€1,189 | |
| Suppliers | 440/4 | €1,189 | - | -€1,189 | |
| Other amounts payable | 47/48 | €1,060 | €592 | -€468 | -44.1% |
| Accrued charges and deferred income | 492/3 | €846 | - | -€846 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €529 | €486 | -€43 | -8.2% |
| Other operating charges | 640/8 | €565 | €573 | +€8 | +1.5% |
| Gross operating margin | 9900 | €2,725 | -€3,861 | -€6,586 | |
| Operating profit (loss) | 9901 | €1,631 | -€4,920 | -€6,551 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.6% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €1,562 | -€4,993 | -€6,556 | |
| Income taxes | 67/77 | - | -€940 | -€940 | |
| Profit (loss) for the period | 9904 | €1,562 | -€4,053 | -€5,616 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,562 | -€4,053 | -€5,616 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.