FORCE-IT: 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.
FORCE-IT
Largest movements
- Receivables within one year +€46,431
up €46,431 (+55.4%), from €83,885 to €130,316
of which Other amounts receivable: +€44,253
- Cash +€27,327
up €27,327 (+16.0%), from €170,539 to €197,866
mainly Net result for the year (+€55,350) and Tax, wage and social debts (+€13,277)
- Tangible fixed assets -€4,410
down €4,410 (-43.8%), from €10,078 to €5,668
- Reserves +€55,350
up €55,350 (+25.9%), from €213,771 to €269,121
- Tax, wage and social debts +€13,277
up €13,277 (+37.1%), from €35,758 to €49,035
- Gross operating margin +€12,208
up €12,208 (+17.7%), from €68,892 to €81,100
- Taxes +€3,089
up €3,089 (+14.7%), from €21,083 to €24,172
- Financial income +€2,623
up €2,623 (+100.1%), from €2,621 to €5,244
- Depreciation +€1,393
up €1,393 (+46.2%), from €3,017 to €4,410
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,502 | €333,850 | +€69,348 | +26.2% |
| Fixed assets | 21/28 | €10,078 | €5,668 | -€4,410 | -43.8% |
| Tangible fixed assets | 22/27 | €10,078 | €5,668 | -€4,410 | -43.8% |
| Furniture and vehicles | 24 | €10,078 | €5,668 | -€4,410 | -43.8% |
| Current assets | 29/58 | €254,424 | €328,182 | +€73,758 | +29.0% |
| Amounts receivable within one year | 40/41 | €83,885 | €130,316 | +€46,431 | +55.4% |
| Trade receivables | 40 | €15,246 | €17,424 | +€2,178 | +14.3% |
| Other amounts receivable | 41 | €68,639 | €112,892 | +€44,253 | +64.5% |
| Cash at bank and in hand | 54/58 | €170,539 | €197,866 | +€27,327 | +16.0% |
| Total equity and liabilities | 10/49 | €264,502 | €333,850 | +€69,348 | +26.2% |
| Equity | 10/15 | €223,771 | €279,121 | +€55,350 | +24.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €213,771 | €269,121 | +€55,350 | +25.9% |
| Distributable reserves | 133 | €213,771 | €269,121 | +€55,350 | +25.9% |
| Amounts payable | 17/49 | €40,731 | €54,729 | +€13,998 | +34.4% |
| Amounts payable within one year | 42/48 | €40,731 | €54,729 | +€13,998 | +34.4% |
| Trade debts | 44 | €4,973 | €5,694 | +€721 | +14.5% |
| Suppliers | 440/4 | €4,973 | €5,694 | +€721 | +14.5% |
| Taxes, remuneration and social security | 45 | €35,758 | €49,035 | +€13,277 | +37.1% |
| Taxes | 450/3 | €35,758 | €49,035 | +€13,277 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,017 | €4,410 | +€1,393 | +46.2% |
| Other operating charges | 640/8 | €1,016 | €1,448 | +€431 | +42.4% |
| Gross operating margin | 9900 | €68,892 | €81,100 | +€12,208 | +17.7% |
| Operating profit (loss) | 9901 | €64,858 | €75,242 | +€10,384 | +16.0% |
| Financial income | 75/76B | €2,621 | €5,244 | +€2,623 | +100.1% |
| Recurring financial income | 75 | €2,621 | €5,244 | +€2,623 | +100.1% |
| Financial charges | 65/66B | €1,625 | €964 | -€661 | -40.7% |
| Recurring financial charges | 65 | €1,625 | €964 | -€661 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €65,854 | €79,522 | +€13,668 | +20.8% |
| Income taxes | 67/77 | €21,083 | €24,172 | +€3,089 | +14.7% |
| Profit (loss) for the period | 9904 | €44,771 | €55,350 | +€10,579 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,771 | €55,350 | +€10,579 | +23.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.