Forever Young: 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.
Forever Young
Largest movements
- Cash -€111,877
down €111,877 (-91.6%), from €122,199 to €10,322
mainly Contributions, distributions and other (-€178,050) and Other debts (-€100,310)
- Receivables within one year +€15,986
up €15,986 (+26.9%), from €59,465 to €75,452
- Tangible fixed assets -€3,431
down €3,431 (-51.0%), from €6,727 to €3,297
of which Furniture and vehicles: -€2,976
- Deferred charges and accrued income +€3,429
up €3,429 (+110.1%), from €3,115 to €6,544
- Other debts -€100,310
down €100,310 (-68.9%), from €145,585 to €45,274
- Tax, wage and social debts +€7,914
up €7,914 (+39.0%), from €20,307 to €28,221
- Trade debts -€3,295
down €3,295 (-48.4%), from €6,814 to €3,519
- Gross operating margin +€48,942
up €48,942 (+26.8%), from €182,667 to €231,609
- Taxes +€12,857
up €12,857 (+32.0%), from €40,126 to €52,983
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 | €191,506 | €95,614 | -€95,892 | -50.1% |
| Fixed assets | 21/28 | €6,727 | €3,297 | -€3,431 | -51.0% |
| Tangible fixed assets | 22/27 | €6,727 | €3,297 | -€3,431 | -51.0% |
| Furniture and vehicles | 24 | €3,771 | €796 | -€2,976 | -78.9% |
| Other tangible fixed assets | 26 | €2,956 | €2,501 | -€455 | -15.4% |
| Current assets | 29/58 | €184,779 | €92,318 | -€92,461 | -50.0% |
| Amounts receivable within one year | 40/41 | €59,465 | €75,452 | +€15,986 | +26.9% |
| Trade receivables | 40 | €59,465 | €75,452 | +€15,986 | +26.9% |
| Cash at bank and in hand | 54/58 | €122,199 | €10,322 | -€111,877 | -91.6% |
| Deferred charges and accrued income | 490/1 | €3,115 | €6,544 | +€3,429 | +110.1% |
| Total equity and liabilities | 10/49 | €191,506 | €95,614 | -€95,892 | -50.1% |
| Equity | 10/15 | €18,801 | €18,600 | -€201 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201 | - | -€201 | |
| Distributable reserves | 133 | €201 | - | -€201 | |
| Amounts payable | 17/49 | €172,705 | €77,014 | -€95,691 | -55.4% |
| Amounts payable within one year | 42/48 | €172,705 | €77,014 | -€95,691 | -55.4% |
| Trade debts | 44 | €6,814 | €3,519 | -€3,295 | -48.4% |
| Suppliers | 440/4 | €6,814 | €3,519 | -€3,295 | -48.4% |
| Taxes, remuneration and social security | 45 | €20,307 | €28,221 | +€7,914 | +39.0% |
| Taxes | 450/3 | €20,307 | €28,221 | +€7,914 | +39.0% |
| Other amounts payable | 47/48 | €145,585 | €45,274 | -€100,310 | -68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,018 | €3,431 | -€588 | -14.6% |
| Other operating charges | 640/8 | €595 | €610 | +€14 | +2.4% |
| Gross operating margin | 9900 | €182,667 | €231,609 | +€48,942 | +26.8% |
| Operating profit (loss) | 9901 | €178,054 | €227,569 | +€49,516 | +27.8% |
| Financial income | 75/76B | €2,077 | €4,383 | +€2,306 | +111.0% |
| Recurring financial income | 75 | €2,077 | €4,383 | +€2,306 | +111.0% |
| Financial charges | 65/66B | €206 | €1,120 | +€914 | +443.6% |
| Recurring financial charges | 65 | €206 | €1,120 | +€914 | +443.6% |
| Profit (loss) for the period before taxes | 9903 | €179,925 | €230,832 | +€50,908 | +28.3% |
| Income taxes | 67/77 | €40,126 | €52,983 | +€12,857 | +32.0% |
| Profit (loss) for the period | 9904 | €139,798 | €177,850 | +€38,051 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €139,798 | €177,850 | +€38,051 | +27.2% |
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 6 October 2026 via checked.be.