ForDyn: 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.
ForDyn
Largest movements
- Cash -€1,880
no longer reported in 2025 (was €1,880)
mainly Net result for the year (-€11,114) and Trade debts (-€4,209)
- Receivables within one year +€1,831
up €1,831 (+291.8%), from €628 to €2,459
of which Trade receivables: +€1,530
- Deferred charges and accrued income -€640
down €640 (-75.8%), from €844 to €204
- Other debts +€15,886
up €15,886 (+247.1%), from €6,428 to €22,314
- Profit (loss) carried forward -€11,114
down €11,114 (-0.7%), from -€1.6m to -€1.6m
- Trade debts -€4,209
down €4,209 (-11.5%), from €36,682 to €32,473
- Tax, wage and social debts -€1,251
down €1,251 (-4.0%), from €31,472 to €30,221
- Financial charges -€2.1m
down €2.1m (-100.0%), from €2.1m to €874
of which Non-recurring financial charges: -€2.0m
- Gross operating margin -€169,276
down €169,276, from €159,176 to -€10,100
- Taxes -€30,031
no longer reported in 2025 (was €30,031)
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 | €3,682 | €2,993 | -€689 | -18.7% |
| Fixed assets | 21/28 | €330 | €330 | = | 0.0% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €3,352 | €2,663 | -€689 | -20.5% |
| Amounts receivable within one year | 40/41 | €628 | €2,459 | +€1,831 | +291.8% |
| Trade receivables | 40 | €103 | €1,632 | +€1,530 | +1491.0% |
| Other amounts receivable | 41 | €525 | €827 | +€302 | +57.5% |
| Cash at bank and in hand | 54/58 | €1,880 | - | -€1,880 | |
| Deferred charges and accrued income | 490/1 | €844 | €204 | -€640 | -75.8% |
| Total equity and liabilities | 10/49 | €3,682 | €2,993 | -€689 | -18.7% |
| Equity | 10/15 | -€1,507,127 | -€1,518,241 | -€11,114 | -0.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€1,607,127 | -€1,618,241 | -€11,114 | -0.7% |
| Amounts payable | 17/49 | €1,510,809 | €1,521,234 | +€10,425 | +0.7% |
| Amounts payable after more than one year | 17 | €1,425,870 | €1,425,870 | = | 0.0% |
| Financial debts | 170/4 | €1,108,620 | €1,108,620 | = | 0.0% |
| Other amounts payable | 178/9 | €317,250 | €317,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €84,939 | €95,364 | +€10,425 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €10,356 | €10,356 | = | 0.0% |
| Trade debts | 44 | €36,682 | €32,473 | -€4,209 | -11.5% |
| Suppliers | 440/4 | €36,682 | €32,473 | -€4,209 | -11.5% |
| Taxes, remuneration and social security | 45 | €31,472 | €30,221 | -€1,251 | -4.0% |
| Taxes | 450/3 | €31,472 | €30,221 | -€1,251 | -4.0% |
| Other amounts payable | 47/48 | €6,428 | €22,314 | +€15,886 | +247.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €489 | - | -€489 | |
| Other operating charges | 640/8 | €1,340 | €141 | -€1,200 | -89.5% |
| Gross operating margin | 9900 | €159,176 | -€10,100 | -€169,276 | |
| Operating profit (loss) | 9901 | €157,348 | -€10,240 | -€167,588 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,081,257 | €874 | -€2.1m | -100.0% |
| Recurring financial charges | 65 | €38,562 | €874 | -€37,688 | -97.7% |
| Non-recurring financial charges | 66B | €2,042,695 | - | -€2.0m | |
| Profit (loss) for the period before taxes | 9903 | -€1,923,909 | -€11,114 | +€1.9m | +99.4% |
| Income taxes | 67/77 | €30,031 | - | -€30,031 | |
| Profit (loss) for the period | 9904 | -€1,953,941 | -€11,114 | +€1.9m | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,953,941 | -€11,114 | +€1.9m | +99.4% |
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.