FOREACH SOLUTION: 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.
FOREACH SOLUTION
Largest movements
- Receivables within one year +€50,926
up €50,926 (+215.0%), from €23,681 to €74,607
of which Trade receivables: +€30,926
- Cash +€11,170
up €11,170 (+5376.5%), from €208 to €11,378
mainly Provisions (+€86,614) and Trade debts (+€33,459)
- Deferred charges and accrued income -€10,778
down €10,778 (-45.8%), from €23,537 to €12,759
- Tangible fixed assets -€5,822
down €5,822 (-42.2%), from €13,798 to €7,976
of which Furniture and vehicles: -€5,670
- Provisions +€86,614
new in 2025: €86,614
- Profit (loss) carried forward -€70,132
down €70,132, from €21,760 to -€48,372
- Trade debts +€33,459
up €33,459 (+1450.7%), from €2,306 to €35,766
- Tax, wage and social debts -€8,834
down €8,834 (-39.1%), from €22,568 to €13,734
- Other debts +€3,953
up €3,953 (+555.9%), from €711 to €4,664
- Provisions +€86,614
new in 2025: €86,614
- Gross operating margin +€4,239
up €4,239 (+16.1%), from €26,368 to €30,607
- Other operating charges +€2,101
up €2,101 (+433.8%), from €484 to €2,585
- Depreciation -€848
down €848 (-12.2%), from €6,963 to €6,114
- Staff costs +€443
new in 2025: €443
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 | €61,283 | €106,780 | +€45,497 | +74.2% |
| Fixed assets | 21/28 | €13,858 | €8,036 | -€5,822 | -42.0% |
| Tangible fixed assets | 22/27 | €13,798 | €7,976 | -€5,822 | -42.2% |
| Land and buildings | 22 | €1,040 | €889 | -€152 | -14.6% |
| Furniture and vehicles | 24 | €12,758 | €7,088 | -€5,670 | -44.4% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €47,425 | €98,744 | +€51,318 | +108.2% |
| Amounts receivable within one year | 40/41 | €23,681 | €74,607 | +€50,926 | +215.0% |
| Trade receivables | 40 | €19,965 | €50,891 | +€30,926 | +154.9% |
| Other amounts receivable | 41 | €3,716 | €23,716 | +€20,000 | +538.2% |
| Cash at bank and in hand | 54/58 | €208 | €11,378 | +€11,170 | +5376.5% |
| Deferred charges and accrued income | 490/1 | €23,537 | €12,759 | -€10,778 | -45.8% |
| Total equity and liabilities | 10/49 | €61,283 | €106,780 | +€45,497 | +74.2% |
| Equity | 10/15 | €35,311 | -€34,821 | -€70,132 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,351 | €7,351 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,491 | €5,491 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,760 | -€48,372 | -€70,132 | |
| Provisions and deferred taxes | 16 | - | €86,614 | +€86,614 | |
| Provisions for liabilities and charges | 160/5 | - | €86,614 | +€86,614 | |
| Other liabilities and charges | 164/5 | - | €86,614 | +€86,614 | |
| Amounts payable | 17/49 | €25,972 | €54,988 | +€29,015 | +111.7% |
| Amounts payable within one year | 42/48 | €25,585 | €54,164 | +€28,579 | +111.7% |
| Trade debts | 44 | €2,306 | €35,766 | +€33,459 | +1450.7% |
| Suppliers | 440/4 | €2,306 | €35,766 | +€33,459 | +1450.7% |
| Taxes, remuneration and social security | 45 | €22,568 | €13,734 | -€8,834 | -39.1% |
| Taxes | 450/3 | €22,568 | €13,734 | -€8,834 | -39.1% |
| Other amounts payable | 47/48 | €711 | €4,664 | +€3,953 | +555.9% |
| Accrued charges and deferred income | 492/3 | €387 | €824 | +€437 | +112.7% |
| Non-recurring operating income | 76A | - | €293 | +€293 | |
| Remuneration, social security and pensions | 62 | - | €443 | +€443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,963 | €6,114 | -€848 | -12.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €86,614 | +€86,614 | |
| Other operating charges | 640/8 | €484 | €2,585 | +€2,101 | +433.8% |
| Gross operating margin | 9900 | €26,368 | €30,607 | +€4,239 | +16.1% |
| Operating profit (loss) | 9901 | €18,921 | -€65,150 | -€84,071 | |
| Financial income | 75/76B | €0 | €259 | +€258 | +83335.5% |
| Recurring financial income | 75 | €0 | €259 | +€258 | +83335.5% |
| Financial charges | 65/66B | €229 | €285 | +€56 | +24.6% |
| Recurring financial charges | 65 | €229 | €285 | +€56 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €18,692 | -€65,176 | -€83,869 | |
| Income taxes | 67/77 | €4,731 | €4,956 | +€225 | +4.8% |
| Profit (loss) for the period | 9904 | €13,961 | -€70,132 | -€84,094 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,961 | -€70,132 | -€84,094 |
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 4 October 2026 via checked.be.