FORCADO UCCLE: 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.
FORCADO UCCLE
Largest movements
- Receivables within one year +€49,270
up €49,270 (+288%), from €17,091 to €66,361
of which Trade receivables: +€64,270
- Tangible fixed assets -€38,446
down €38,446 (-13.9%), from €277,513 to €239,067
of which Other tangible fixed assets: -€31,780
- Intangible fixed assets -€4,722
down €4,722 (-35.3%), from €13,382 to €8,660
- Other debts +€70,083
up €70,083 (+49.7%), from €140,971 to €211,054
- Profit (loss) carried forward -€36,988
down €36,988, from €15,989 to -€20,999
- Trade debts -€30,345
down €30,345 (-29.7%), from €102,322 to €71,977
- Tax, wage and social debts +€19,420
up €19,420 (+80.8%), from €24,021 to €43,441
of which Remuneration and social security: +€13,293
- Investment grants -€10,802
down €10,802 (-14.4%), from €74,816 to €64,014
- Gross operating margin +€16,500
up €16,500 (+7.2%), from €230,111 to €246,611
- Staff costs +€14,319
up €14,319 (+6.5%), from €220,552 to €234,872
- Financial charges -€3,172
down €3,172 (-45.4%), from €6,981 to €3,809
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €433,578 | €444,947 | +€11,369 | +2.6% |
| Fixed assets | 21/28 | €290,895 | €247,727 | -€43,168 | -14.8% |
| Intangible fixed assets | 21 | €13,382 | €8,660 | -€4,722 | -35.3% |
| Tangible fixed assets | 22/27 | €277,513 | €239,067 | -€38,446 | -13.9% |
| Plant, machinery and equipment | 23 | €36,403 | €30,126 | -€6,276 | -17.2% |
| Furniture and vehicles | 24 | €778 | €389 | -€390 | -50.1% |
| Other tangible fixed assets | 26 | €240,332 | €208,552 | -€31,780 | -13.2% |
| Current assets | 29/58 | €142,683 | €197,221 | +€54,537 | +38.2% |
| Stocks and contracts in progress | 3 | €12,664 | €11,867 | -€797 | -6.3% |
| Stocks | 30/36 | €12,664 | €11,867 | -€797 | -6.3% |
| Amounts receivable within one year | 40/41 | €17,091 | €66,361 | +€49,270 | +288% |
| Trade receivables | 40 | €2,091 | €66,361 | +€64,270 | +3,073% |
| Other amounts receivable | 41 | €15,000 | - | -€15,000 | |
| Cash at bank and in hand | 54/58 | €107,097 | €110,536 | +€3,439 | +3.2% |
| Deferred charges and accrued income | 490/1 | €5,832 | €8,457 | +€2,625 | +45.0% |
| Total equity and liabilities | 10/49 | €433,578 | €444,947 | +€11,369 | +2.6% |
| Equity | 10/15 | €166,265 | €118,476 | -€47,789 | -28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,860 | €56,860 | = | 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 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,989 | -€20,999 | -€36,988 | |
| Investment grants | 15 | €74,816 | €64,014 | -€10,802 | -14.4% |
| Amounts payable | 17/49 | €267,314 | €326,472 | +€59,158 | +22.1% |
| Amounts payable within one year | 42/48 | €267,314 | €326,472 | +€59,158 | +22.1% |
| Trade debts | 44 | €102,322 | €71,977 | -€30,345 | -29.7% |
| Suppliers | 440/4 | €102,322 | €71,977 | -€30,345 | -29.7% |
| Taxes, remuneration and social security | 45 | €24,021 | €43,441 | +€19,420 | +80.8% |
| Taxes | 450/3 | €2,969 | €9,095 | +€6,126 | +206% |
| Remuneration and social security | 454/9 | €21,052 | €34,345 | +€13,293 | +63.1% |
| Other amounts payable | 47/48 | €140,971 | €211,054 | +€70,083 | +49.7% |
| Remuneration, social security and pensions | 62 | €220,552 | €234,872 | +€14,319 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,377 | €55,320 | +€943 | +1.7% |
| Other operating charges | 640/8 | €483 | €400 | -€83 | -17.2% |
| Gross operating margin | 9900 | €230,111 | €246,611 | +€16,500 | +7.2% |
| Operating profit (loss) | 9901 | -€45,300 | -€43,980 | +€1,320 | +2.9% |
| Financial income | 75/76B | €10,802 | €10,802 | -€0 | 0.0% |
| Recurring financial income | 75 | €10,802 | €10,802 | -€0 | 0.0% |
| Financial charges | 65/66B | €6,981 | €3,809 | -€3,172 | -45.4% |
| Recurring financial charges | 65 | €6,981 | €3,809 | -€3,172 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | -€41,480 | -€36,988 | +€4,492 | +10.8% |
| Profit (loss) for the period | 9904 | -€41,480 | -€36,988 | +€4,492 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,480 | -€36,988 | +€4,492 | +10.8% |
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 25 October 2026 via checked.be.