FORET MATERIEL: what changed
What changed
FORET MATERIEL
NACE 46.620, Wholesale of machine tools
filed annual accounts (NBB)
Net result for the year
-€24,810
2024 · -€110,511+€85,702
Equity
€1.0m
2024 · €1.1m-€29,810
Cash
€217,599
2024 · €194,816+€22,783
Balance sheet total
€1.8m
2024 · €1.8m-€68,536
Largest movements
Assets
- Tangible fixed assets -€56,016
down €56,016 (-23.1%), from €242,620 to €186,604
of which Other tangible fixed assets: -€46,031
- Stocks and contracts -€28,634
down €28,634 (-2.3%), from €1.2m to €1.2m
- Cash +€22,783
up €22,783 (+11.7%), from €194,816 to €217,599
mainly Depreciation (+€78,165) and Stocks and contracts (+€28,634)
- Formation expenses -€22,149
down €22,149 (-25.0%), from €88,536 to €66,387
Equity and liabilities
- Debts after one year -€49,935
down €49,935 (-32.1%), from €155,355 to €105,420
- Profit (loss) carried forward -€29,810
down €29,810 (-3.1%), from €953,021 to €923,211
Income statement
- Staff costs -€79,245
down €79,245 (-14.1%), from €563,622 to €484,377
- Gross operating margin +€11,245
up €11,245 (+2.0%), from €560,481 to €571,725
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€110,511
Gross operating margin
+€11,245
Staff costs
+€79,245
Depreciation
-€117
Other operating charges
-€1,602
Other operating items
-€1,005
Financial income
-€566
Financial charges
-€1,678
Taxes
+€179
Result 2025
-€24,810
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€80,392
Investment
€0
Financing
-€57,609
Cash 2024
€194,816
From operations (derived)
+€80,392
Net result for the year
-€24,810
Depreciation
+€78,165
Stocks and contracts
+€28,634
Receivables within one year
-€15,469
Deferred charges and accrued income
-€11
Trade debts
+€11,486
Tax, wage and social debts
-€281
Advances received
-€2,743
Other debts
+€5,421
Financing
-€57,609
Debts after one year
-€49,935
Current portion of long-term debt
+€1,763
Short-term financial debts
-€4,436
Contributions, distributions and other
-€5,000
Cash 2025
€217,599
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,844,710 | €1,776,174 | -€68,536 | -3.7% |
| Formation expenses | 20 | €88,536 | €66,387 | -€22,149 | -25.0% |
| Fixed assets | 21/28 | €242,620 | €186,604 | -€56,016 | -23.1% |
| Tangible fixed assets | 22/27 | €242,620 | €186,604 | -€56,016 | -23.1% |
| Plant, machinery and equipment | 23 | €58,583 | €48,599 | -€9,984 | -17.0% |
| Other tangible fixed assets | 26 | €184,037 | €138,006 | -€46,031 | -25.0% |
| Current assets | 29/58 | €1,513,554 | €1,523,183 | +€9,629 | +0.6% |
| Stocks and contracts in progress | 3 | €1,220,069 | €1,191,435 | -€28,634 | -2.3% |
| Stocks | 30/36 | €1,220,069 | €1,191,435 | -€28,634 | -2.3% |
| Amounts receivable within one year | 40/41 | €90,167 | €105,636 | +€15,469 | +17.2% |
| Trade receivables | 40 | €63,362 | €74,405 | +€11,043 | +17.4% |
| Other amounts receivable | 41 | €26,805 | €31,231 | +€4,426 | +16.5% |
| Cash at bank and in hand | 54/58 | €194,816 | €217,599 | +€22,783 | +11.7% |
| Deferred charges and accrued income | 490/1 | €8,502 | €8,513 | +€11 | +0.1% |
| Total equity and liabilities | 10/49 | €1,844,710 | €1,776,174 | -€68,536 | -3.7% |
| Equity | 10/15 | €1,057,899 | €1,028,089 | -€29,810 | -2.8% |
| Contributions | 10/11 | €89,785 | €89,785 | = | 0.0% |
| Capital | 10 | €89,785 | €89,785 | = | 0.0% |
| Issued capital | 100 | €89,785 | €89,785 | = | 0.0% |
| Reserves | 13 | €15,093 | €15,093 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,979 | €8,979 | = | 0.0% |
| Legal reserve | 130 | €8,979 | €8,979 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,114 | €6,114 | = | 0.0% |
| Profit (loss) carried forward | 14 | €953,021 | €923,211 | -€29,810 | -3.1% |
| Amounts payable | 17/49 | €786,811 | €748,085 | -€38,726 | -4.9% |
| Amounts payable after more than one year | 17 | €155,355 | €105,420 | -€49,935 | -32.1% |
| Financial debts | 170/4 | €155,355 | €105,420 | -€49,935 | -32.1% |
| Amounts payable within one year | 42/48 | €631,456 | €642,665 | +€11,209 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €48,173 | €49,935 | +€1,763 | +3.7% |
| Financial debts | 43 | €133,758 | €129,322 | -€4,436 | -3.3% |
| Credit institutions | 430/8 | €133,758 | €129,322 | -€4,436 | -3.3% |
| Trade debts | 44 | €332,444 | €343,929 | +€11,486 | +3.5% |
| Suppliers | 440/4 | €332,444 | €343,929 | +€11,486 | +3.5% |
| Advances received on contracts in progress | 46 | €4,132 | €1,390 | -€2,743 | -66.4% |
| Taxes, remuneration and social security | 45 | €99,685 | €99,404 | -€281 | -0.3% |
| Taxes | 450/3 | €36,465 | €38,143 | +€1,678 | +4.6% |
| Remuneration and social security | 454/9 | €63,220 | €61,261 | -€1,959 | -3.1% |
| Other amounts payable | 47/48 | €13,263 | €18,684 | +€5,421 | +40.9% |
| Remuneration, social security and pensions | 62 | €563,622 | €484,377 | -€79,245 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,048 | €78,165 | +€117 | +0.1% |
| Other operating charges | 640/8 | €4,232 | €5,834 | +€1,602 | +37.9% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Non-recurring operating charges | 66A | €50 | €1,055 | +€1,005 | +2,011% |
| Gross operating margin | 9900 | €560,481 | €571,725 | +€11,245 | +2.0% |
| Operating profit (loss) | 9901 | -€85,471 | €2,294 | +€87,766 | |
| Financial income | 75/76B | €2,037 | €1,471 | -€566 | -27.8% |
| Recurring financial income | 75 | €2,037 | €1,471 | -€566 | -27.8% |
| Financial charges | 65/66B | €26,294 | €27,972 | +€1,678 | +6.4% |
| Recurring financial charges | 65 | €26,294 | €27,972 | +€1,678 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | -€109,728 | -€24,206 | +€85,522 | +77.9% |
| Income taxes | 67/77 | €783 | €604 | -€179 | -22.9% |
| Profit (loss) for the period | 9904 | -€110,511 | -€24,810 | +€85,702 | +77.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,511 | -€24,810 | +€85,702 | +77.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.