FORBO FLOORING: 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.
What changed
FORBO FLOORING
NACE 46.494, Wholesale of non-electrical household articles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€31,955
2024 · €169,570-€201,525
Equity
€859,039
2024 · €1.3m-€431,955
Cash
€367
2024 · €367
Balance sheet total
€2.5m
2024 · €2.3m+€204,269
Largest movements
Assets
- Receivables within one year +€195,503
up €195,503 (+8.5%), from €2.3m to €2.5m
of which Trade receivables: +€849,354
Equity and liabilities
- Short-term financial debts +€747,774
up €747,774 (+832%), from €89,845 to €837,619
- Profit (loss) carried forward -€431,955
down €431,955 (-42.5%), from €1.0m to €584,039
- Trade debts -€246,297
down €246,297 (-38.6%), from €637,345 to €391,048
- Tax, wage and social debts +€134,748
up €134,748 (+41.9%), from €321,499 to €456,246
of which Remuneration and social security: +€79,801
Income statement
- Goods and materials +€1.2m
up €1.2m (+16.5%), from €7.1m to €8.2m
of which Purchases: +€1.2m
- Turnover +€935,803
up €935,803 (+8.0%), from €11.7m to €12.7m
- Other operating charges -€174,901
down €174,901 (-99.4%), from €175,900 to €998
- Write-downs +€131,574
up €131,574, from -€131,574 to €0
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.
Result 2024
€169,570
Turnover
+€935,803
Other operating income
-€14,203
Goods and materials
-€1.2m
Services and other goods
-€12,765
Staff costs
-€46,423
Depreciation
+€2,073
Write-downs
-€131,574
Other operating charges
+€174,901
Financial income
-€7,251
Financial charges
-€4,554
Taxes
+€69,346
Result 2025
-€31,955
raises the resultlowers the result
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.
From operations
-€347,774
Investment
€0
Financing
+€347,774
Cash 2024
€367
From operations (derived)
-€347,774
Net result for the year
-€31,955
Depreciation
+€4,440
Receivables within one year
-€195,503
Deferred charges and accrued income
-€13,207
Trade debts
-€246,297
Tax, wage and social debts
+€134,748
Financing
+€347,774
Short-term financial debts
+€747,774
Contributions, distributions and other
-€400,000
Cash 2025
€367
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,339,682 | €2,543,951 | +€204,269 | +8.7% |
| Fixed assets | 21/28 | €22,247 | €17,807 | -€4,440 | -20.0% |
| Intangible fixed assets | 21 | €211 | €158 | -€53 | -25.1% |
| Tangible fixed assets | 22/27 | €18,062 | €13,674 | -€4,387 | -24.3% |
| Furniture and vehicles | 24 | €18,062 | €13,674 | -€4,387 | -24.3% |
| Financial fixed assets | 28 | €3,975 | €3,975 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,975 | €3,975 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,975 | €3,975 | = | 0.0% |
| Current assets | 29/58 | €2,317,435 | €2,526,144 | +€208,710 | +9.0% |
| Stocks and contracts in progress | 3 | €3,825 | €3,825 | = | 0.0% |
| Stocks | 30/36 | €3,825 | €3,825 | = | 0.0% |
| Goods purchased for resale | 34 | €3,825 | €3,825 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,302,807 | €2,498,309 | +€195,503 | +8.5% |
| Trade receivables | 40 | €1,170,938 | €2,020,292 | +€849,354 | +72.5% |
| Other amounts receivable | 41 | €1,131,869 | €478,017 | -€653,851 | -57.8% |
| Cash at bank and in hand | 54/58 | €367 | €367 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €10,436 | €23,643 | +€13,207 | +127% |
| Total equity and liabilities | 10/49 | €2,339,682 | €2,543,951 | +€204,269 | +8.7% |
| Equity | 10/15 | €1,290,994 | €859,039 | -€431,955 | -33.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,015,994 | €584,039 | -€431,955 | -42.5% |
| Amounts payable | 17/49 | €1,048,688 | €1,684,913 | +€636,225 | +60.7% |
| Amounts payable within one year | 42/48 | €1,048,688 | €1,684,913 | +€636,225 | +60.7% |
| Financial debts | 43 | €89,845 | €837,619 | +€747,774 | +832% |
| Credit institutions | 430/8 | €89,845 | €837,619 | +€747,774 | +832% |
| Trade debts | 44 | €637,345 | €391,048 | -€246,297 | -38.6% |
| Suppliers | 440/4 | €637,345 | €391,048 | -€246,297 | -38.6% |
| Taxes, remuneration and social security | 45 | €321,499 | €456,246 | +€134,748 | +41.9% |
| Taxes | 450/3 | €90,457 | €145,403 | +€54,947 | +60.7% |
| Remuneration and social security | 454/9 | €231,042 | €310,843 | +€79,801 | +34.5% |
| Operating income | 70/76A | €11,759,135 | €12,680,735 | +€921,600 | +7.8% |
| Turnover | 70 | €11,718,325 | €12,654,128 | +€935,803 | +8.0% |
| Other operating income | 74 | €40,810 | €26,607 | -€14,203 | -34.8% |
| Operating charges | 60/66A | €11,365,669 | €12,546,335 | +€1.2m | +10.4% |
| Goods for resale, raw materials and consumables | 60 | €7,066,827 | €8,233,705 | +€1.2m | +16.5% |
| Purchases | 600/8 | €7,065,622 | €8,233,705 | +€1.2m | +16.5% |
| Change in stocks: decrease (increase) | 609 | €1,205 | €0 | -€1,205 | -100% |
| Services and other goods | 61 | €2,638,140 | €2,650,906 | +€12,765 | +0.5% |
| Remuneration, social security and pensions | 62 | €1,609,863 | €1,656,286 | +€46,423 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,513 | €4,440 | -€2,073 | -31.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€131,574 | €0 | +€131,574 | |
| Other operating charges | 640/8 | €175,900 | €998 | -€174,901 | -99.4% |
| Operating profit (loss) | 9901 | €393,466 | €134,400 | -€259,066 | -65.8% |
| Financial income | 75/76B | €12,196 | €4,945 | -€7,251 | -59.5% |
| Recurring financial income | 75 | €12,196 | €4,945 | -€7,251 | -59.5% |
| Other financial income | 752/9 | €12,196 | €4,945 | -€7,251 | -59.5% |
| Financial charges | 65/66B | €151,687 | €156,241 | +€4,554 | +3.0% |
| Recurring financial charges | 65 | €151,687 | €156,241 | +€4,554 | +3.0% |
| Debt charges | 650 | €19,209 | €24,523 | +€5,313 | +27.7% |
| Other financial charges | 652/9 | €132,478 | €131,718 | -€760 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €253,975 | -€16,896 | -€270,871 | |
| Income taxes | 67/77 | €84,405 | €15,059 | -€69,346 | -82.2% |
| Taxes | 670/3 | €84,405 | €15,059 | -€69,346 | -82.2% |
| Profit (loss) for the period | 9904 | €169,570 | -€31,955 | -€201,525 | |
| Profit (loss) for the period to be appropriated | 9905 | €169,570 | -€31,955 | -€201,525 |
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 26 October 2026 via checked.be.