FORCONSTRUCT: 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.
What changed
FORCONSTRUCT
NACE 82.990, Other business support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€529
2024 · -€2,771+€2,242
Equity
€32,113
2024 · €32,642-€529
Cash
€1,020
2024 · €227+€793
Balance sheet total
€1.8m
2024 · €1.9m-€28,585
Largest movements
Assets
- Tangible fixed assets -€31,317
down €31,317 (-1.7%), from €1.8m to €1.8m
of which Land and buildings: -€30,397
Equity and liabilities
- Debts after one year -€43,262
down €43,262 (-5.3%), from €811,201 to €767,939
of which Financial debts: -€43,262
Income statement
- Financial charges -€1,777
down €1,777 (-9.0%), from €19,829 to €18,052
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
-€2,771
Gross operating margin
+€321
Depreciation
-€245
Other operating charges
+€389
Financial charges
+€1,777
Result 2025
-€529
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.
From operations
+€55,240
Investment
-€14,906
Financing
-€39,541
Cash 2024
€227
From operations (derived)
+€55,240
Net result for the year
-€529
Depreciation
+€46,223
Receivables within one year
-€1,939
Trade debts
+€2,899
Tax, wage and social debts
-€403
Other debts
+€10,783
Accrued charges and deferred income
-€1,795
Investment (derived)
-€14,906
Investment in fixed assets (net)
-€14,906
Financing
-€39,541
Debts after one year
-€43,262
Current portion of long-term debt
+€3,721
Cash 2025
€1,020
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,864,779 | €1,836,193 | -€28,585 | -1.5% |
| Fixed assets | 21/28 | €1,851,339 | €1,820,022 | -€31,317 | -1.7% |
| Tangible fixed assets | 22/27 | €1,849,761 | €1,818,444 | -€31,317 | -1.7% |
| Land and buildings | 22 | €1,840,082 | €1,809,685 | -€30,397 | -1.7% |
| Furniture and vehicles | 24 | €9,679 | €8,759 | -€920 | -9.5% |
| Financial fixed assets | 28 | €1,578 | €1,578 | = | 0.0% |
| Current assets | 29/58 | €13,440 | €16,171 | +€2,732 | +20.3% |
| Amounts receivable within one year | 40/41 | €13,213 | €15,152 | +€1,939 | +14.7% |
| Trade receivables | 40 | €9,684 | €5,684 | -€4,000 | -41.3% |
| Other amounts receivable | 41 | €3,529 | €9,468 | +€5,939 | +168.3% |
| Cash at bank and in hand | 54/58 | €227 | €1,020 | +€793 | +349.8% |
| Total equity and liabilities | 10/49 | €1,864,779 | €1,836,193 | -€28,585 | -1.5% |
| Equity | 10/15 | €32,642 | €32,113 | -€529 | -1.6% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €415 | €415 | = | 0.0% |
| Non-distributable reserves | 130/1 | €415 | €415 | = | 0.0% |
| Legal reserve | 130 | €415 | €415 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,273 | -€30,802 | -€529 | -1.7% |
| Amounts payable | 17/49 | €1,832,137 | €1,804,080 | -€28,057 | -1.5% |
| Amounts payable after more than one year | 17 | €811,201 | €767,939 | -€43,262 | -5.3% |
| Financial debts | 170/4 | €811,201 | €767,939 | -€43,262 | -5.3% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,019,141 | €1,036,142 | +€17,000 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €36,151 | €39,872 | +€3,721 | +10.3% |
| Trade debts | 44 | €1,978 | €4,877 | +€2,899 | +146.6% |
| Suppliers | 440/4 | €1,978 | €4,877 | +€2,899 | +146.6% |
| Taxes, remuneration and social security | 45 | €403 | €0 | -€403 | -100.0% |
| Taxes | 450/3 | €403 | €0 | -€403 | -100.0% |
| Other amounts payable | 47/48 | €980,609 | €991,393 | +€10,783 | +1.1% |
| Accrued charges and deferred income | 492/3 | €1,795 | €0 | -€1,795 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,978 | €46,223 | +€245 | +0.5% |
| Other operating charges | 640/8 | €4,695 | €4,306 | -€389 | -8.3% |
| Gross operating margin | 9900 | €67,731 | €68,052 | +€321 | +0.5% |
| Operating profit (loss) | 9901 | €17,058 | €17,523 | +€465 | +2.7% |
| Financial charges | 65/66B | €19,829 | €18,052 | -€1,777 | -9.0% |
| Recurring financial charges | 65 | €19,829 | €18,052 | -€1,777 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,771 | -€529 | +€2,242 | +80.9% |
| Profit (loss) for the period | 9904 | -€2,771 | -€529 | +€2,242 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,771 | -€529 | +€2,242 | +80.9% |
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 9 October 2026 via checked.be.