FORIER: 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.
FORIER
Largest movements
- Tangible fixed assets -€4,333
down €4,333 (-6.0%), from €72,440 to €68,108
of which Land and buildings: -€3,086
- Deferred charges and accrued income +€3,021
new in 2025: €3,021
- Cash -€1,844
down €1,844 (-4.9%), from €37,435 to €35,591
mainly Other debts (-€8,176) and Deferred charges and accrued income (-€3,021)
- Other debts -€8,176
down €8,176 (-71.5%), from €11,429 to €3,253
- Profit (loss) carried forward +€3,828
up €3,828 (+5.9%), from -€65,156 to -€61,328
- Other operating charges +€236
up €236 (+4.5%), from €5,269 to €5,505
- Depreciation -€210
down €210 (-4.6%), from €4,542 to €4,333
- Financial income +€142
up €142 (+71.9%), from €198 to €341
- Gross operating margin -€140
down €140 (-1.0%), from €13,885 to €13,745
- Taxes +€139
up €139 (+111.9%), from €124 to €264
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 | €109,926 | €106,770 | -€3,156 | -2.9% |
| Fixed assets | 21/28 | €72,440 | €68,108 | -€4,333 | -6.0% |
| Tangible fixed assets | 22/27 | €72,440 | €68,108 | -€4,333 | -6.0% |
| Land and buildings | 22 | €71,194 | €68,108 | -€3,086 | -4.3% |
| Plant, machinery and equipment | 23 | €1,246 | - | -€1,246 | |
| Current assets | 29/58 | €37,485 | €38,662 | +€1,177 | +3.1% |
| Amounts receivable within one year | 40/41 | €50 | €50 | = | 0.0% |
| Other amounts receivable | 41 | €50 | €50 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,435 | €35,591 | -€1,844 | -4.9% |
| Deferred charges and accrued income | 490/1 | - | €3,021 | +€3,021 | |
| Total equity and liabilities | 10/49 | €109,926 | €106,770 | -€3,156 | -2.9% |
| Equity | 10/15 | €94,844 | €98,672 | +€3,828 | +4.0% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,156 | -€61,328 | +€3,828 | +5.9% |
| Amounts payable | 17/49 | €15,081 | €8,098 | -€6,983 | -46.3% |
| Amounts payable within one year | 42/48 | €14,610 | €7,064 | -€7,546 | -51.6% |
| Trade debts | 44 | €3,090 | €3,690 | +€600 | +19.4% |
| Suppliers | 440/4 | €3,090 | €3,690 | +€600 | +19.4% |
| Taxes, remuneration and social security | 45 | €92 | €122 | +€30 | +32.4% |
| Taxes | 450/3 | €92 | €122 | +€30 | +32.4% |
| Other amounts payable | 47/48 | €11,429 | €3,253 | -€8,176 | -71.5% |
| Accrued charges and deferred income | 492/3 | €471 | €1,034 | +€563 | +119.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,542 | €4,333 | -€210 | -4.6% |
| Other operating charges | 640/8 | €5,269 | €5,505 | +€236 | +4.5% |
| Gross operating margin | 9900 | €13,885 | €13,745 | -€140 | -1.0% |
| Operating profit (loss) | 9901 | €4,073 | €3,907 | -€167 | -4.1% |
| Financial income | 75/76B | €198 | €341 | +€142 | +71.9% |
| Recurring financial income | 75 | €198 | €341 | +€142 | +71.9% |
| Financial charges | 65/66B | €67 | €156 | +€89 | +132.0% |
| Recurring financial charges | 65 | €67 | €156 | +€89 | +132.0% |
| Profit (loss) for the period before taxes | 9903 | €4,204 | €4,091 | -€113 | -2.7% |
| Income taxes | 67/77 | €124 | €264 | +€139 | +111.9% |
| Profit (loss) for the period | 9904 | €4,080 | €3,828 | -€252 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,080 | €3,828 | -€252 | -6.2% |
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 29 September 2026 via checked.be.