Fordex bouw: 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.
Fordex bouw
Largest movements
- Stocks and contracts +€105,421
new in 2025: €105,421
- Receivables within one year -€49,252
down €49,252 (-60.1%), from €81,995 to €32,743
of which Other amounts receivable: -€49,222
- Tangible fixed assets +€40,466
up €40,466 (+156%), from €25,879 to €66,345
of which Furniture and vehicles: +€41,097
- Cash -€26,713
down €26,713 (-19.4%), from €137,470 to €110,756
mainly Stocks and contracts (-€105,421) and Investment in fixed assets (net) (-€59,292)
- Financial fixed assets +€3,950
up €3,950 (+132%), from €3,000 to €6,950
- Trade debts +€95,269
up €95,269 (+94.3%), from €101,008 to €196,277
- Tax, wage and social debts -€46,266
down €46,266 (-96.4%), from €48,010 to €1,743
of which Taxes: -€23,472
- Debts after one year +€18,672
new in 2025: €18,672
- Current portion of long-term debt +€10,497
new in 2025: €10,497
- Gross operating margin -€97,411
down €97,411 (-60.7%), from €160,360 to €62,949
- Taxes -€24,761
no longer reported in 2025 (was €24,761)
- Staff costs -€18,575
down €18,575 (-28.4%), from €65,434 to €46,859
- Other operating charges -€2,399
down €2,399 (-49.8%), from €4,815 to €2,415
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 | €248,344 | €322,977 | +€74,633 | +30.1% |
| Fixed assets | 21/28 | €28,879 | €73,295 | +€44,416 | +154% |
| Tangible fixed assets | 22/27 | €25,879 | €66,345 | +€40,466 | +156% |
| Plant, machinery and equipment | 23 | €1,864 | €1,232 | -€632 | -33.9% |
| Furniture and vehicles | 24 | €24,015 | €65,113 | +€41,097 | +171% |
| Financial fixed assets | 28 | €3,000 | €6,950 | +€3,950 | +132% |
| Current assets | 29/58 | €219,465 | €249,683 | +€30,218 | +13.8% |
| Stocks and contracts in progress | 3 | - | €105,421 | +€105,421 | |
| Contracts in progress | 37 | - | €105,421 | +€105,421 | |
| Amounts receivable within one year | 40/41 | €81,995 | €32,743 | -€49,252 | -60.1% |
| Trade receivables | 40 | €1,449 | €1,419 | -€30 | -2.1% |
| Other amounts receivable | 41 | €80,546 | €31,324 | -€49,222 | -61.1% |
| Cash at bank and in hand | 54/58 | €137,470 | €110,756 | -€26,713 | -19.4% |
| Deferred charges and accrued income | 490/1 | - | €762 | +€762 | |
| Total equity and liabilities | 10/49 | €248,344 | €322,977 | +€74,633 | +30.1% |
| Equity | 10/15 | €98,020 | €95,788 | -€2,232 | -2.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,020 | €85,788 | -€2,232 | -2.5% |
| Amounts payable | 17/49 | €150,324 | €227,190 | +€76,865 | +51.1% |
| Amounts payable after more than one year | 17 | - | €18,672 | +€18,672 | |
| Financial debts | 170/4 | - | €18,672 | +€18,672 | |
| Amounts payable within one year | 42/48 | €150,324 | €208,518 | +€58,193 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,497 | +€10,497 | |
| Trade debts | 44 | €101,008 | €196,277 | +€95,269 | +94.3% |
| Suppliers | 440/4 | €101,008 | €196,277 | +€95,269 | +94.3% |
| Taxes, remuneration and social security | 45 | €48,010 | €1,743 | -€46,266 | -96.4% |
| Taxes | 450/3 | €25,215 | €1,743 | -€23,472 | -93.1% |
| Remuneration and social security | 454/9 | €22,795 | - | -€22,795 | |
| Other amounts payable | 47/48 | €1,307 | - | -€1,307 | |
| Remuneration, social security and pensions | 62 | €65,434 | €46,859 | -€18,575 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,447 | €14,877 | +€429 | +3.0% |
| Other operating charges | 640/8 | €4,815 | €2,415 | -€2,399 | -49.8% |
| Gross operating margin | 9900 | €160,360 | €62,949 | -€97,411 | -60.7% |
| Operating profit (loss) | 9901 | €75,664 | -€1,202 | -€76,866 | |
| Financial income | 75/76B | €560 | €371 | -€189 | -33.7% |
| Recurring financial income | 75 | €560 | €371 | -€189 | -33.7% |
| Financial charges | 65/66B | €146 | €1,401 | +€1,256 | +863% |
| Recurring financial charges | 65 | €146 | €1,401 | +€1,256 | +863% |
| Profit (loss) for the period before taxes | 9903 | €76,078 | -€2,232 | -€78,310 | |
| Income taxes | 67/77 | €24,761 | - | -€24,761 | |
| Profit (loss) for the period | 9904 | €51,317 | -€2,232 | -€53,549 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,317 | -€2,232 | -€53,549 |
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 31 October 2026 via checked.be.