FORCLA: 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.
FORCLA
Largest movements
- Cash +€62,993
up €62,993 (+177.1%), from €35,569 to €98,561
mainly Net result for the year (+€114,624) and Current investments (+€45,450)
- Current investments -€45,450
down €45,450 (-19.0%), from €239,200 to €193,750
- Tangible fixed assets -€6,661
down €6,661 (-47.8%), from €13,923 to €7,262
- Other debts -€40,117
down €40,117 (-85.0%), from €47,169 to €7,053
- Tax, wage and social debts +€29,520
up €29,520 (+139.1%), from €21,230 to €50,750
- Reserves +€23,111
up €23,111 (+4.1%), from €557,753 to €580,864
of which Distributable reserves: +€23,111
- Gross operating margin +€56,339
up €56,339 (+54.2%), from €103,905 to €160,244
- Taxes +€20,550
up €20,550 (+73.2%), from €28,072 to €48,622
- Financial charges +€7,541
up €7,541, from -€6,481 to €1,060
- Financial income +€6,728
up €6,728 (+144.6%), from €4,655 to €11,383
- Depreciation -€3,897
down €3,897 (-36.9%), from €10,558 to €6,661
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.
Cash bridge derived
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 | €648,378 | €661,847 | +€13,469 | +2.1% |
| Fixed assets | 21/28 | €13,923 | €7,262 | -€6,661 | -47.8% |
| Tangible fixed assets | 22/27 | €13,923 | €7,262 | -€6,661 | -47.8% |
| Furniture and vehicles | 24 | €13,923 | €7,262 | -€6,661 | -47.8% |
| Current assets | 29/58 | €634,455 | €654,585 | +€20,130 | +3.2% |
| Amounts receivable after more than one year | 29 | €331,387 | €331,387 | = | 0.0% |
| Other amounts receivable | 291 | €331,387 | €331,387 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,190 | €25,275 | +€2,085 | +9.0% |
| Trade receivables | 40 | €20,655 | €25,275 | +€4,621 | +22.4% |
| Other amounts receivable | 41 | €2,535 | €0 | -€2,535 | -100.0% |
| Current investments | 50/53 | €239,200 | €193,750 | -€45,450 | -19.0% |
| Cash at bank and in hand | 54/58 | €35,569 | €98,561 | +€62,993 | +177.1% |
| Deferred charges and accrued income | 490/1 | €5,109 | €5,612 | +€503 | +9.8% |
| Total equity and liabilities | 10/49 | €648,378 | €661,847 | +€13,469 | +2.1% |
| Equity | 10/15 | €576,353 | €599,464 | +€23,111 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €557,753 | €580,864 | +€23,111 | +4.1% |
| 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 | €555,893 | €579,004 | +€23,111 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,025 | €62,383 | -€9,642 | -13.4% |
| Amounts payable within one year | 42/48 | €69,973 | €59,883 | -€10,090 | -14.4% |
| Trade debts | 44 | €1,574 | €2,081 | +€507 | +32.2% |
| Suppliers | 440/4 | €1,574 | €2,081 | +€507 | +32.2% |
| Taxes, remuneration and social security | 45 | €21,230 | €50,750 | +€29,520 | +139.1% |
| Taxes | 450/3 | €21,230 | €50,750 | +€29,520 | +139.1% |
| Other amounts payable | 47/48 | €47,169 | €7,053 | -€40,117 | -85.0% |
| Accrued charges and deferred income | 492/3 | €2,052 | €2,500 | +€448 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,558 | €6,661 | -€3,897 | -36.9% |
| Other operating charges | 640/8 | €883 | €660 | -€223 | -25.2% |
| Gross operating margin | 9900 | €103,905 | €160,244 | +€56,339 | +54.2% |
| Operating profit (loss) | 9901 | €92,465 | €152,923 | +€60,458 | +65.4% |
| Financial income | 75/76B | €4,655 | €11,383 | +€6,728 | +144.6% |
| Recurring financial income | 75 | €4,655 | €11,383 | +€6,728 | +144.6% |
| Financial charges | 65/66B | -€6,481 | €1,060 | +€7,541 | |
| Recurring financial charges | 65 | -€6,481 | €1,060 | +€7,541 | |
| Profit (loss) for the period before taxes | 9903 | €103,601 | €163,246 | +€59,645 | +57.6% |
| Income taxes | 67/77 | €28,072 | €48,622 | +€20,550 | +73.2% |
| Profit (loss) for the period | 9904 | €75,529 | €114,624 | +€39,095 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,529 | €114,624 | +€39,095 | +51.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.