FORETMECA: 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.
FORETMECA
Largest movements
- Cash +€71,844
up €71,844 (+51.3%), from €140,137 to €211,981
- Receivables within one year -€49,216
down €49,216 (-13.4%), from €366,571 to €317,356
of which Other amounts receivable: -€99,690
- Tangible fixed assets -€14,700
no longer reported in 2025 (was €14,700)
- Profit (loss) carried forward +€12,099
up €12,099 (+2.2%), from €539,476 to €551,575
- Tax, wage and social debts -€7,033
down €7,033 (-45.5%), from €15,447 to €8,414
of which Remuneration and social security: -€4,000
- Gross operating margin +€3,788
up €3,788 (+40.6%), from €9,323 to €13,110
- Taxes +€2,740
up €2,740 (+121.3%), from €2,260 to €5,000
- Depreciation -€1,657
down €1,657 (-79.7%), from €2,080 to €423
- Financial income +€249
up €249 (+27315.4%), from €1 to €249
- Financial charges +€181
up €181 (+12.9%), from €1,403 to €1,584
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €629,432 | €637,361 | +€7,928 | +1.3% |
| Fixed assets | 21/28 | €14,724 | €24 | -€14,700 | -99.8% |
| Tangible fixed assets | 22/27 | €14,700 | - | -€14,700 | |
| Furniture and vehicles | 24 | €14,700 | - | -€14,700 | |
| Financial fixed assets | 28 | €24 | €24 | = | 0.0% |
| Current assets | 29/58 | €614,708 | €637,336 | +€22,628 | +3.7% |
| Amounts receivable within one year | 40/41 | €366,571 | €317,356 | -€49,216 | -13.4% |
| Trade receivables | 40 | €105,144 | €155,618 | +€50,474 | +48.0% |
| Other amounts receivable | 41 | €261,427 | €161,738 | -€99,690 | -38.1% |
| Current investments | 50/53 | €108,000 | €108,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €140,137 | €211,981 | +€71,844 | +51.3% |
| Total equity and liabilities | 10/49 | €629,432 | €637,361 | +€7,928 | +1.3% |
| Equity | 10/15 | €608,536 | €620,635 | +€12,099 | +2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €62,860 | €62,860 | = | 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% |
| Distributable reserves | 133 | €61,000 | €61,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €539,476 | €551,575 | +€12,099 | +2.2% |
| Amounts payable | 17/49 | €20,897 | €16,726 | -€4,171 | -20.0% |
| Amounts payable within one year | 42/48 | €20,897 | €16,726 | -€4,171 | -20.0% |
| Trade debts | 44 | €5,450 | €8,311 | +€2,861 | +52.5% |
| Suppliers | 440/4 | €5,450 | €8,311 | +€2,861 | +52.5% |
| Taxes, remuneration and social security | 45 | €15,447 | €8,414 | -€7,033 | -45.5% |
| Taxes | 450/3 | €11,447 | €8,414 | -€3,033 | -26.5% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Non-recurring operating income | 76A | - | €4,777 | +€4,777 | |
| Remuneration, social security and pensions | 62 | €134 | - | -€134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,080 | €423 | -€1,657 | -79.7% |
| Other operating charges | 640/8 | €1,162 | €1,332 | +€170 | +14.6% |
| Non-recurring operating charges | 66A | €1,156 | - | -€1,156 | |
| Gross operating margin | 9900 | €9,323 | €13,110 | +€3,788 | +40.6% |
| Operating profit (loss) | 9901 | €4,791 | €11,355 | +€6,564 | +137.0% |
| Financial income | 75/76B | €1 | €249 | +€249 | +27315.4% |
| Recurring financial income | 75 | €1 | €249 | +€249 | +27315.4% |
| Financial charges | 65/66B | €1,403 | €1,584 | +€181 | +12.9% |
| Recurring financial charges | 65 | €1,403 | €1,584 | +€181 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €3,389 | €10,020 | +€6,631 | +195.6% |
| Income taxes | 67/77 | €2,260 | €5,000 | +€2,740 | +121.3% |
| Profit (loss) for the period | 9904 | €1,129 | €5,020 | +€3,891 | +344.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,129 | €5,020 | +€3,891 | +344.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.