FOREVER 5: 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.
FOREVER 5
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€39,000
up €39,000 (+5.9%), from €657,870 to €696,870
- Profit (loss) carried forward -€37,629
down €37,629 (-26.4%), from -€142,477 to -€180,107
- Financial charges -€10,243
down €10,243 (-23.8%), from €43,004 to €32,761
- Gross operating margin -€485
down €485 (-14.3%), from -€3,385 to -€3,870
- Other operating charges -€237
down €237 (-19.2%), from €1,235 to €998
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 | €1,227,350 | €1,228,773 | +€1,423 | +0.1% |
| Current assets | 29/58 | €1,227,350 | €1,228,773 | +€1,423 | +0.1% |
| Stocks and contracts in progress | 3 | €1,220,306 | €1,222,470 | +€2,163 | +0.2% |
| Stocks | 30/36 | €1,220,306 | €1,222,470 | +€2,163 | +0.2% |
| Amounts receivable within one year | 40/41 | €4,813 | €5,789 | +€976 | +20.3% |
| Other amounts receivable | 41 | €4,813 | €5,789 | +€976 | +20.3% |
| Cash at bank and in hand | 54/58 | €2,231 | €515 | -€1,716 | -76.9% |
| Total equity and liabilities | 10/49 | €1,227,350 | €1,228,773 | +€1,423 | +0.1% |
| Equity | 10/15 | -€67,477 | -€105,107 | -€37,629 | -55.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,477 | -€180,107 | -€37,629 | -26.4% |
| Amounts payable | 17/49 | €1,294,828 | €1,333,880 | +€39,052 | +3.0% |
| Amounts payable after more than one year | 17 | €619,658 | €619,658 | = | 0.0% |
| Financial debts | 170/4 | €619,658 | €619,658 | = | 0.0% |
| Amounts payable within one year | 42/48 | €675,169 | €714,221 | +€39,052 | +5.8% |
| Trade debts | 44 | €17,299 | €17,351 | +€52 | +0.3% |
| Suppliers | 440/4 | €17,299 | €17,351 | +€52 | +0.3% |
| Other amounts payable | 47/48 | €657,870 | €696,870 | +€39,000 | +5.9% |
| Other operating charges | 640/8 | €1,235 | €998 | -€237 | -19.2% |
| Gross operating margin | 9900 | -€3,385 | -€3,870 | -€485 | -14.3% |
| Operating profit (loss) | 9901 | -€4,620 | -€4,868 | -€248 | -5.4% |
| Financial charges | 65/66B | €43,004 | €32,761 | -€10,243 | -23.8% |
| Recurring financial charges | 65 | €43,004 | €32,761 | -€10,243 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€47,624 | -€37,629 | +€9,995 | +21.0% |
| Profit (loss) for the period | 9904 | -€47,624 | -€37,629 | +€9,995 | +21.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,624 | -€37,629 | +€9,995 | +21.0% |
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 10 October 2026 via checked.be.