FORCEFOOD: 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.
FORCEFOOD
Largest movements
- Tangible fixed assets -€37,874
down €37,874 (-40.1%), from €94,464 to €56,590
of which Furniture and vehicles: -€37,666
- Receivables within one year +€9,614
up €9,614 (+278%), from €3,461 to €13,075
of which Trade receivables: +€10,385
- Cash -€9,002
down €9,002 (-44.0%), from €20,478 to €11,476
mainly Net result for the year (-€68,406) and Debts after one year (-€24,177)
- Intangible fixed assets -€9,000
down €9,000 (-28.7%), from €31,364 to €22,364
- Deferred charges and accrued income -€4,589
down €4,589 (-34.5%), from €13,320 to €8,731
- Profit (loss) carried forward -€68,406
down €68,406 (-116%), from -€59,086 to -€127,492
- Trade debts +€38,396
up €38,396 (+37.8%), from €101,589 to €139,986
- Debts after one year -€24,177
down €24,177 (-19.9%), from €121,246 to €97,069
- Tax, wage and social debts +€3,533
up €3,533 (+28.4%), from €12,442 to €15,975
of which Remuneration and social security: +€3,652
- Gross operating margin -€15,002
down €15,002 (-9.7%), from €155,404 to €140,402
- Staff costs -€3,362
down €3,362 (-2.2%), from €154,200 to €150,837
- Other operating charges -€2,282
down €2,282 (-72.5%), from €3,149 to €867
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 | €245,284 | €195,405 | -€49,879 | -20.3% |
| Fixed assets | 21/28 | €127,478 | €80,605 | -€46,874 | -36.8% |
| Intangible fixed assets | 21 | €31,364 | €22,364 | -€9,000 | -28.7% |
| Tangible fixed assets | 22/27 | €94,464 | €56,590 | -€37,874 | -40.1% |
| Furniture and vehicles | 24 | €93,465 | €55,798 | -€37,666 | -40.3% |
| Other tangible fixed assets | 26 | €999 | €792 | -€207 | -20.7% |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €117,806 | €114,800 | -€3,006 | -2.6% |
| Stocks and contracts in progress | 3 | €80,546 | €81,518 | +€971 | +1.2% |
| Stocks | 30/36 | €80,546 | €81,518 | +€971 | +1.2% |
| Amounts receivable within one year | 40/41 | €3,461 | €13,075 | +€9,614 | +278% |
| Trade receivables | 40 | €2,634 | €13,020 | +€10,385 | +394% |
| Other amounts receivable | 41 | €827 | €56 | -€771 | -93.3% |
| Cash at bank and in hand | 54/58 | €20,478 | €11,476 | -€9,002 | -44.0% |
| Deferred charges and accrued income | 490/1 | €13,320 | €8,731 | -€4,589 | -34.5% |
| Total equity and liabilities | 10/49 | €245,284 | €195,405 | -€49,879 | -20.3% |
| Equity | 10/15 | -€49,086 | -€117,492 | -€68,406 | -139% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,086 | -€127,492 | -€68,406 | -116% |
| Amounts payable | 17/49 | €294,370 | €312,897 | +€18,527 | +6.3% |
| Amounts payable after more than one year | 17 | €121,246 | €97,069 | -€24,177 | -19.9% |
| Financial debts | 170/4 | €121,246 | €97,069 | -€24,177 | -19.9% |
| Amounts payable within one year | 42/48 | €168,945 | €212,100 | +€43,155 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €24,887 | €26,139 | +€1,252 | +5.0% |
| Trade debts | 44 | €101,589 | €139,986 | +€38,396 | +37.8% |
| Suppliers | 440/4 | €101,589 | €139,986 | +€38,396 | +37.8% |
| Taxes, remuneration and social security | 45 | €12,442 | €15,975 | +€3,533 | +28.4% |
| Taxes | 450/3 | €1,736 | €1,616 | -€119 | -6.9% |
| Remuneration and social security | 454/9 | €10,706 | €14,358 | +€3,652 | +34.1% |
| Other amounts payable | 47/48 | €30,027 | €30,000 | -€27 | -0.1% |
| Accrued charges and deferred income | 492/3 | €4,179 | €3,729 | -€450 | -10.8% |
| Remuneration, social security and pensions | 62 | €154,200 | €150,837 | -€3,362 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,703 | €46,874 | +€170 | +0.4% |
| Other operating charges | 640/8 | €3,149 | €867 | -€2,282 | -72.5% |
| Gross operating margin | 9900 | €155,404 | €140,402 | -€15,002 | -9.7% |
| Operating profit (loss) | 9901 | -€48,647 | -€58,176 | -€9,528 | -19.6% |
| Financial income | 75/76B | €178 | €55 | -€123 | -69.0% |
| Recurring financial income | 75 | €178 | €55 | -€123 | -69.0% |
| Financial charges | 65/66B | €11,199 | €10,286 | -€913 | -8.1% |
| Recurring financial charges | 65 | €11,199 | €10,286 | -€913 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€59,668 | -€68,407 | -€8,738 | -14.6% |
| Income taxes | 67/77 | €41 | -€0 | -€42 | |
| Profit (loss) for the period | 9904 | -€59,709 | -€68,406 | -€8,697 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,709 | -€68,406 | -€8,697 | -14.6% |
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 20 October 2026 via checked.be.