FOREX EXPLOITATION FORESTIERE: 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.
FOREX EXPLOITATION FORESTIERE
Largest movements
- Cash -€42,874
down €42,874 (-65.4%), from €65,511 to €22,637
mainly Debts after one year (-€24,278) and Net result for the year (-€20,340)
- Tangible fixed assets -€19,537
down €19,537 (-24.3%), from €80,411 to €60,874
of which Furniture and vehicles: -€20,272
- Receivables within one year +€16,406
up €16,406 (+27.3%), from €60,121 to €76,527
of which Other amounts receivable: +€12,892
- Debts after one year -€24,278
down €24,278 (-78.5%), from €30,944 to €6,667
- Profit (loss) carried forward -€20,340
down €20,340 (-18.1%), from €112,471 to €92,131
- Trade debts +€7,154
up €7,154 (+28.3%), from €25,317 to €32,471
- Current portion of long-term debt -€5,704
down €5,704 (-19.0%), from €29,982 to €24,278
- Tax, wage and social debts -€2,978
down €2,978 (-52.5%), from €5,678 to €2,700
of which Remuneration and social security: -€1,800
- Gross operating margin -€115,150
down €115,150 (-64.1%), from €179,517 to €64,368
- Purchases and services +€91,116
up €91,116 (+10.6%), from €863,155 to €954,271
- Turnover -€23,906
down €23,906 (-2.3%), from €1.0m to €1.0m
- Taxes -€19,951
down €19,951, from €18,278 to -€1,672
- Staff costs -€19,494
down €19,494 (-24.8%), from €78,579 to €59,084
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 | €209,751 | €163,246 | -€46,505 | -22.2% |
| Fixed assets | 21/28 | €84,119 | €64,083 | -€20,037 | -23.8% |
| Intangible fixed assets | 21 | €3,708 | €3,208 | -€500 | -13.5% |
| Tangible fixed assets | 22/27 | €80,411 | €60,874 | -€19,537 | -24.3% |
| Plant, machinery and equipment | 23 | €3,612 | €4,348 | +€736 | +20.4% |
| Furniture and vehicles | 24 | €76,799 | €56,526 | -€20,272 | -26.4% |
| Current assets | 29/58 | €125,632 | €99,164 | -€26,469 | -21.1% |
| Amounts receivable within one year | 40/41 | €60,121 | €76,527 | +€16,406 | +27.3% |
| Trade receivables | 40 | €56,065 | €59,579 | +€3,514 | +6.3% |
| Other amounts receivable | 41 | €4,056 | €16,948 | +€12,892 | +318% |
| Cash at bank and in hand | 54/58 | €65,511 | €22,637 | -€42,874 | -65.4% |
| Total equity and liabilities | 10/49 | €209,751 | €163,246 | -€46,505 | -22.2% |
| Equity | 10/15 | €117,471 | €97,131 | -€20,340 | -17.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,471 | €92,131 | -€20,340 | -18.1% |
| Amounts payable | 17/49 | €92,281 | €66,115 | -€26,165 | -28.4% |
| Amounts payable after more than one year | 17 | €30,944 | €6,667 | -€24,278 | -78.5% |
| Financial debts | 170/4 | €30,944 | €6,667 | -€24,278 | -78.5% |
| Amounts payable within one year | 42/48 | €60,977 | €59,449 | -€1,528 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €29,982 | €24,278 | -€5,704 | -19.0% |
| Trade debts | 44 | €25,317 | €32,471 | +€7,154 | +28.3% |
| Suppliers | 440/4 | €25,317 | €32,471 | +€7,154 | +28.3% |
| Taxes, remuneration and social security | 45 | €5,678 | €2,700 | -€2,978 | -52.5% |
| Taxes | 450/3 | €2,078 | €900 | -€1,178 | -56.7% |
| Remuneration and social security | 454/9 | €3,600 | €1,800 | -€1,800 | -50.0% |
| Accrued charges and deferred income | 492/3 | €359 | - | -€359 | |
| Turnover | 70 | €1,042,545 | €1,018,638 | -€23,906 | -2.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €863,155 | €954,271 | +€91,116 | +10.6% |
| Remuneration, social security and pensions | 62 | €78,579 | €59,084 | -€19,494 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,029 | €25,321 | -€707 | -2.7% |
| Other operating charges | 640/8 | €938 | €1,414 | +€476 | +50.7% |
| Gross operating margin | 9900 | €179,517 | €64,368 | -€115,150 | -64.1% |
| Operating profit (loss) | 9901 | €73,972 | -€21,452 | -€95,424 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €902 | €560 | -€342 | -37.9% |
| Recurring financial charges | 65 | €902 | €560 | -€342 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €73,070 | -€22,012 | -€95,082 | |
| Income taxes | 67/77 | €18,278 | -€1,672 | -€19,951 | |
| Profit (loss) for the period | 9904 | €54,791 | -€20,340 | -€75,131 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,791 | -€20,340 | -€75,131 |
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 23 October 2026 via checked.be.