FORDAX CONSULTING: 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.
FORDAX CONSULTING
Largest movements
- Cash -€6,704
down €6,704 (-24.7%), from €27,160 to €20,457
mainly Tax, wage and social debts (-€10,020) and Trade debts (-€5,146)
- Tangible fixed assets -€2,467
down €2,467 (-48.9%), from €5,051 to €2,584
- Receivables within one year +€1,867
up €1,867 (+4.9%), from €37,843 to €39,710
of which Other amounts receivable: +€15,975
- Deferred charges and accrued income +€1,448
up €1,448 (+236%), from €615 to €2,063
- Tax, wage and social debts -€10,020
down €10,020 (-42.8%), from €23,409 to €13,390
- Profit (loss) carried forward +€9,310
up €9,310 (+36.2%), from €25,702 to €35,012
- Trade debts -€5,146
down €5,146 (-27.1%), from €18,958 to €13,811
- Gross operating margin +€8,244
up €8,244 (+56.4%), from €14,611 to €22,855
- Write-downs +€3,960
new in 2025: €3,960
- Financial charges +€2,050
up €2,050 (+123%), from €1,670 to €3,721
- Taxes +€1,262
up €1,262 (+44.7%), from €2,823 to €4,084
- Depreciation +€825
up €825 (+50.2%), from €1,642 to €2,467
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 | €71,069 | €65,213 | -€5,856 | -8.2% |
| Fixed assets | 21/28 | €5,451 | €2,984 | -€2,467 | -45.3% |
| Tangible fixed assets | 22/27 | €5,051 | €2,584 | -€2,467 | -48.9% |
| Furniture and vehicles | 24 | €5,051 | €2,584 | -€2,467 | -48.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €65,618 | €62,230 | -€3,389 | -5.2% |
| Amounts receivable within one year | 40/41 | €37,843 | €39,710 | +€1,867 | +4.9% |
| Trade receivables | 40 | €14,109 | €0 | -€14,109 | -100% |
| Other amounts receivable | 41 | €23,735 | €39,710 | +€15,975 | +67.3% |
| Cash at bank and in hand | 54/58 | €27,160 | €20,457 | -€6,704 | -24.7% |
| Deferred charges and accrued income | 490/1 | €615 | €2,063 | +€1,448 | +236% |
| Total equity and liabilities | 10/49 | €71,069 | €65,213 | -€5,856 | -8.2% |
| Equity | 10/15 | €28,702 | €38,012 | +€9,310 | +32.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,702 | €35,012 | +€9,310 | +36.2% |
| Amounts payable | 17/49 | €42,367 | €27,201 | -€15,166 | -35.8% |
| Amounts payable within one year | 42/48 | €42,367 | €27,201 | -€15,166 | -35.8% |
| Trade debts | 44 | €18,958 | €13,811 | -€5,146 | -27.1% |
| Suppliers | 440/4 | €18,958 | €13,811 | -€5,146 | -27.1% |
| Taxes, remuneration and social security | 45 | €23,409 | €13,390 | -€10,020 | -42.8% |
| Taxes | 450/3 | €23,409 | €13,390 | -€10,020 | -42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,642 | €2,467 | +€825 | +50.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,960 | +€3,960 | |
| Other operating charges | 640/8 | €680 | €1,044 | +€364 | +53.5% |
| Gross operating margin | 9900 | €14,611 | €22,855 | +€8,244 | +56.4% |
| Operating profit (loss) | 9901 | €12,289 | €15,384 | +€3,095 | +25.2% |
| Financial income | 75/76B | €969 | €1,731 | +€762 | +78.7% |
| Recurring financial income | 75 | €969 | €1,731 | +€762 | +78.7% |
| Financial charges | 65/66B | €1,670 | €3,721 | +€2,050 | +123% |
| Recurring financial charges | 65 | €1,670 | €3,721 | +€2,050 | +123% |
| Profit (loss) for the period before taxes | 9903 | €11,587 | €13,394 | +€1,807 | +15.6% |
| Income taxes | 67/77 | €2,823 | €4,084 | +€1,262 | +44.7% |
| Profit (loss) for the period | 9904 | €8,765 | €9,310 | +€545 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,765 | €9,310 | +€545 | +6.2% |
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 26 October 2026 via checked.be.