Foré Engineering: 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.
Foré Engineering
Largest movements
- Cash +€103,684
up €103,684 (+185.7%), from €55,846 to €159,530
mainly Net result for the year (+€76,475) and Receivables within one year (+€18,611)
- Receivables within one year -€18,611
down €18,611 (-46.3%), from €40,236 to €21,626
of which Trade receivables: -€16,442
- Tangible fixed assets -€5,580
down €5,580 (-27.6%), from €20,239 to €14,659
of which Furniture and vehicles: -€6,142
- Reserves +€76,500
up €76,500 (+40.7%), from €188,000 to €264,500
- Gross operating margin +€14,947
up €14,947 (+16.9%), from €88,375 to €103,322
- Taxes +€3,543
up €3,543 (+19.8%), from €17,894 to €21,437
- Financial income +€2,152
up €2,152 (+168.5%), from €1,277 to €3,430
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 | €199,039 | €278,478 | +€79,439 | +39.9% |
| Fixed assets | 21/28 | €21,371 | €15,491 | -€5,880 | -27.5% |
| Intangible fixed assets | 21 | €1,132 | €832 | -€300 | -26.5% |
| Tangible fixed assets | 22/27 | €20,239 | €14,659 | -€5,580 | -27.6% |
| Plant, machinery and equipment | 23 | €2,650 | €3,212 | +€562 | +21.2% |
| Furniture and vehicles | 24 | €17,590 | €11,447 | -€6,142 | -34.9% |
| Current assets | 29/58 | €177,668 | €262,987 | +€85,319 | +48.0% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 291 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,236 | €21,626 | -€18,611 | -46.3% |
| Trade receivables | 40 | €38,068 | €21,626 | -€16,442 | -43.2% |
| Other amounts receivable | 41 | €2,169 | €0 | -€2,169 | -100.0% |
| Cash at bank and in hand | 54/58 | €55,846 | €159,530 | +€103,684 | +185.7% |
| Deferred charges and accrued income | 490/1 | €1,586 | €1,831 | +€246 | +15.5% |
| Total equity and liabilities | 10/49 | €199,039 | €278,478 | +€79,439 | +39.9% |
| Equity | 10/15 | €190,807 | €267,282 | +€76,475 | +40.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €188,000 | €264,500 | +€76,500 | +40.7% |
| Distributable reserves | 133 | €188,000 | €264,500 | +€76,500 | +40.7% |
| Profit (loss) carried forward | 14 | €307 | €282 | -€25 | -8.3% |
| Amounts payable | 17/49 | €8,232 | €11,196 | +€2,964 | +36.0% |
| Amounts payable within one year | 42/48 | €8,232 | €11,196 | +€2,964 | +36.0% |
| Trade debts | 44 | €250 | €623 | +€374 | +149.7% |
| Suppliers | 440/4 | €250 | €623 | +€374 | +149.7% |
| Taxes, remuneration and social security | 45 | €7,982 | €10,573 | +€2,591 | +32.5% |
| Taxes | 450/3 | €7,982 | €10,573 | +€2,591 | +32.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,777 | €7,355 | +€579 | +8.5% |
| Other operating charges | 640/8 | €879 | €1,425 | +€547 | +62.2% |
| Gross operating margin | 9900 | €88,375 | €103,322 | +€14,947 | +16.9% |
| Operating profit (loss) | 9901 | €80,720 | €94,541 | +€13,822 | +17.1% |
| Financial income | 75/76B | €1,277 | €3,430 | +€2,152 | +168.5% |
| Recurring financial income | 75 | €1,277 | €3,430 | +€2,152 | +168.5% |
| Financial charges | 65/66B | €39 | €59 | +€20 | +50.6% |
| Recurring financial charges | 65 | €39 | €59 | +€20 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | €81,958 | €97,912 | +€15,954 | +19.5% |
| Income taxes | 67/77 | €17,894 | €21,437 | +€3,543 | +19.8% |
| Profit (loss) for the period | 9904 | €64,064 | €76,475 | +€12,411 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,064 | €76,475 | +€12,411 | +19.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.