ForestMusic: 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.
ForestMusic
Largest movements
- Receivables after one year -€9,280
down €9,280 (-100%), from €9,280 to €0
- Cash +€4,138
up €4,138 (+378%), from €1,094 to €5,232
mainly Depreciation (+€12,329) and Receivables after one year (+€9,280)
- Tangible fixed assets -€2,475
down €2,475 (-6.2%), from €40,187 to €37,712
of which Land and buildings: -€2,837
- Receivables within one year -€2,254
down €2,254 (-73.9%), from €3,049 to €795
of which Trade receivables: -€1,881
- Deferred charges and accrued income -€2,060
no longer reported in 2025 (was €2,060)
- Trade debts -€6,488
down €6,488 (-98.7%), from €6,574 to €86
- Tax, wage and social debts -€4,659
no longer reported in 2025 (was €4,659)
- Debts after one year -€1,463
down €1,463 (-44.7%), from €3,275 to €1,812
- Profit (loss) carried forward -€1,164
down €1,164 (-8.1%), from €14,357 to €13,193
- Other debts +€987
new in 2025: €987
- Gross operating margin +€11,869
up €11,869 (+778%), from €1,526 to €13,395
- Financial income -€3,084
down €3,084 (-100.0%), from €3,084 to €1
of which Non-recurring financial income: -€3,074
- Depreciation +€2,741
up €2,741 (+28.6%), from €9,589 to €12,329
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 | €55,670 | €43,739 | -€11,931 | -21.4% |
| Fixed assets | 21/28 | €40,187 | €37,712 | -€2,475 | -6.2% |
| Tangible fixed assets | 22/27 | €40,187 | €37,712 | -€2,475 | -6.2% |
| Land and buildings | 22 | €25,587 | €22,750 | -€2,837 | -11.1% |
| Plant, machinery and equipment | 23 | €10,778 | €10,979 | +€201 | +1.9% |
| Furniture and vehicles | 24 | €3,822 | €3,983 | +€161 | +4.2% |
| Current assets | 29/58 | €15,483 | €6,027 | -€9,456 | -61.1% |
| Amounts receivable after more than one year | 29 | €9,280 | €0 | -€9,280 | -100% |
| Trade receivables | 290 | €9,280 | €0 | -€9,280 | -100% |
| Amounts receivable within one year | 40/41 | €3,049 | €795 | -€2,254 | -73.9% |
| Trade receivables | 40 | €2,676 | €795 | -€1,881 | -70.3% |
| Other amounts receivable | 41 | €374 | €0 | -€374 | -100% |
| Cash at bank and in hand | 54/58 | €1,094 | €5,232 | +€4,138 | +378% |
| Deferred charges and accrued income | 490/1 | €2,060 | - | -€2,060 | |
| Total equity and liabilities | 10/49 | €55,670 | €43,739 | -€11,931 | -21.4% |
| Equity | 10/15 | €35,405 | €34,241 | -€1,164 | -3.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,048 | €1,048 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,048 | - | -€1,048 | |
| Reserves not available under the articles | 1311 | €1,048 | - | -€1,048 | |
| Distributable reserves | 133 | - | €1,048 | +€1,048 | |
| Profit (loss) carried forward | 14 | €14,357 | €13,193 | -€1,164 | -8.1% |
| Amounts payable | 17/49 | €20,265 | €9,498 | -€10,767 | -53.1% |
| Amounts payable after more than one year | 17 | €3,275 | €1,812 | -€1,463 | -44.7% |
| Financial debts | 170/4 | €3,275 | €1,812 | -€1,463 | -44.7% |
| Amounts payable within one year | 42/48 | €16,932 | €7,338 | -€9,594 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €5,700 | €5,371 | -€328 | -5.8% |
| Financial debts | 43 | - | €894 | +€894 | |
| Credit institutions | 430/8 | - | €894 | +€894 | |
| Trade debts | 44 | €6,574 | €86 | -€6,488 | -98.7% |
| Suppliers | 440/4 | €6,574 | €86 | -€6,488 | -98.7% |
| Taxes, remuneration and social security | 45 | €4,659 | - | -€4,659 | |
| Taxes | 450/3 | €4,659 | - | -€4,659 | |
| Other amounts payable | 47/48 | - | €987 | +€987 | |
| Accrued charges and deferred income | 492/3 | €58 | €348 | +€290 | +495% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,589 | €12,329 | +€2,741 | +28.6% |
| Other operating charges | 640/8 | €1,151 | €1,129 | -€22 | -1.9% |
| Gross operating margin | 9900 | €1,526 | €13,395 | +€11,869 | +778% |
| Operating profit (loss) | 9901 | -€9,214 | -€64 | +€9,151 | +99.3% |
| Financial income | 75/76B | €3,084 | €1 | -€3,084 | -100.0% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -94.9% |
| Non-recurring financial income | 76B | €3,074 | - | -€3,074 | |
| Financial charges | 65/66B | €1,235 | €1,203 | -€32 | -2.6% |
| Recurring financial charges | 65 | €1,235 | €1,203 | -€32 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,365 | -€1,266 | +€6,099 | +82.8% |
| Income taxes | 67/77 | €0 | -€102 | -€102 | |
| Profit (loss) for the period | 9904 | -€7,365 | -€1,164 | +€6,201 | +84.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,365 | -€1,164 | +€6,201 | +84.2% |
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 25 October 2026 via checked.be.