Force on Stage: 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
Force on Stage
NACE 90.202, Performing arts by artistic ensembles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€8,155
2024 · €16,437-€8,282
Equity
€267,088
2024 · €258,933+€8,155
Cash
€7
2024 · €1+€5
Balance sheet total
€409,154
2024 · €385,087+€24,068
Largest movements
Assets
- Tangible fixed assets +€24,138
up €24,138 (+6.3%), from €380,257 to €404,395
of which Plant, machinery and equipment: +€47,935
Equity and liabilities
- Other debts +€44,962
up €44,962 (+466%), from €9,659 to €54,621
- Debts after one year -€26,442
down €26,442 (-100%), from €26,442 to €0
- Trade debts +€14,197
up €14,197 (+106%), from €13,346 to €27,543
- Current portion of long-term debt -€11,916
down €11,916 (-31.1%), from €38,358 to €26,442
- Revaluation surpluses -€10,522
down €10,522 (-4.0%), from €263,059 to €252,537
Income statement
- Depreciation +€10,902
up €10,902 (+46.4%), from €23,502 to €34,404
- Other operating charges -€7,734
down €7,734 (-39.3%), from €19,670 to €11,936
- Gross operating margin -€5,503
down €5,503 (-7.8%), from €70,872 to €65,369
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
€16,437
Gross operating margin
-€5,503
Staff costs
+€49
Depreciation
-€10,902
Other operating charges
+€7,734
Financial income
-€3
Financial charges
+€527
Taxes
-€185
Result 2025
€8,155
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
+€97,056
Investment
-€58,542
Financing
-€38,508
Cash 2024
€1
From operations (derived)
+€97,056
Net result for the year
+€8,155
Depreciation
+€34,404
Receivables within one year
+€208
Deferred charges and accrued income
-€132
Trade debts
+€14,197
Tax, wage and social debts
-€1,616
Advances received
-€3,500
Other debts
+€44,962
Accrued charges and deferred income
+€378
Investment (derived)
-€58,542
Investment in fixed assets (net)
-€58,542
Financing
-€38,508
Debts after one year
-€26,442
Current portion of long-term debt
-€11,916
Short-term financial debts
-€150
Cash 2025
€7
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,087 | €409,154 | +€24,068 | +6.2% |
| Fixed assets | 21/28 | €380,392 | €404,530 | +€24,138 | +6.3% |
| Tangible fixed assets | 22/27 | €380,257 | €404,395 | +€24,138 | +6.3% |
| Land and buildings | 22 | €352,710 | €338,436 | -€14,273 | -4.0% |
| Plant, machinery and equipment | 23 | €0 | €47,935 | +€47,935 | |
| Furniture and vehicles | 24 | €27,547 | €18,024 | -€9,523 | -34.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €4,695 | €4,625 | -€70 | -1.5% |
| Stocks and contracts in progress | 3 | €1,830 | €1,830 | = | 0.0% |
| Stocks | 30/36 | €1,830 | €1,830 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,833 | €1,625 | -€208 | -11.3% |
| Trade receivables | 40 | €991 | €318 | -€673 | -67.9% |
| Other amounts receivable | 41 | €841 | €1,307 | +€465 | +55.3% |
| Cash at bank and in hand | 54/58 | €1 | €7 | +€5 | +488% |
| Deferred charges and accrued income | 490/1 | €1,031 | €1,163 | +€132 | +12.8% |
| Total equity and liabilities | 10/49 | €385,087 | €409,154 | +€24,068 | +6.2% |
| Equity | 10/15 | €258,933 | €267,088 | +€8,155 | +3.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Revaluation surpluses | 12 | €263,059 | €252,537 | -€10,522 | -4.0% |
| Reserves | 13 | - | €10,522 | +€10,522 | |
| Distributable reserves | 133 | - | €10,522 | +€10,522 | |
| Profit (loss) carried forward | 14 | -€9,126 | -€971 | +€8,155 | +89.4% |
| Amounts payable | 17/49 | €126,154 | €142,066 | +€15,913 | +12.6% |
| Amounts payable after more than one year | 17 | €26,442 | €0 | -€26,442 | -100% |
| Financial debts | 170/4 | €26,442 | €0 | -€26,442 | -100% |
| Amounts payable within one year | 42/48 | €99,712 | €141,689 | +€41,977 | +42.1% |
| Current portion of amounts payable after more than one year | 42 | €38,358 | €26,442 | -€11,916 | -31.1% |
| Financial debts | 43 | €14,832 | €14,682 | -€150 | -1.0% |
| Credit institutions | 430/8 | €14,832 | €14,682 | -€150 | -1.0% |
| Trade debts | 44 | €13,346 | €27,543 | +€14,197 | +106% |
| Suppliers | 440/4 | €13,346 | €27,543 | +€14,197 | +106% |
| Advances received on contracts in progress | 46 | €3,500 | €0 | -€3,500 | -100% |
| Taxes, remuneration and social security | 45 | €20,017 | €18,401 | -€1,616 | -8.1% |
| Taxes | 450/3 | €20,017 | €17,104 | -€2,913 | -14.6% |
| Remuneration and social security | 454/9 | - | €1,297 | +€1,297 | |
| Other amounts payable | 47/48 | €9,659 | €54,621 | +€44,962 | +466% |
| Accrued charges and deferred income | 492/3 | - | €378 | +€378 | |
| Remuneration, social security and pensions | 62 | €49 | €0 | -€49 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,502 | €34,404 | +€10,902 | +46.4% |
| Other operating charges | 640/8 | €19,670 | €11,936 | -€7,734 | -39.3% |
| Gross operating margin | 9900 | €70,872 | €65,369 | -€5,503 | -7.8% |
| Operating profit (loss) | 9901 | €27,651 | €19,030 | -€8,621 | -31.2% |
| Financial income | 75/76B | €4 | €1 | -€3 | -83.4% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -83.4% |
| Financial charges | 65/66B | €5,476 | €4,949 | -€527 | -9.6% |
| Recurring financial charges | 65 | €5,476 | €4,949 | -€527 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €22,178 | €14,081 | -€8,097 | -36.5% |
| Income taxes | 67/77 | €5,741 | €5,926 | +€185 | +3.2% |
| Profit (loss) for the period | 9904 | €16,437 | €8,155 | -€8,282 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,437 | €8,155 | -€8,282 | -50.4% |
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 19 October 2026 via checked.be.