FORINTEC INTERNATIONAL: what changed
What changed
FORINTEC INTERNATIONAL
NACE 46.841, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€257,890
2024 · €1,275-€259,165
Equity
-€246,244
2024 · €11,646-€257,890
Cash
€530
2024 · €748-€219
Balance sheet total
€204,859
2024 · €466,362-€261,503
Largest movements
Assets
- Receivables within one year -€161,232
down €161,232 (-77.7%), from €207,569 to €46,337
of which Trade receivables: -€81,361
- Stocks and contracts -€65,974
down €65,974 (-30.4%), from €217,148 to €151,175
- Tangible fixed assets -€27,542
down €27,542 (-87.4%), from €31,517 to €3,976
of which Leasing and similar rights: -€14,823
Equity and liabilities
- Profit (loss) carried forward -€257,890
down €257,890 (-414%), from -€62,271 to -€320,160
- Short-term financial debts +€48,247
up €48,247 (+95.9%), from €50,310 to €98,557
- Trade debts -€33,698
down €33,698 (-21.5%), from €156,564 to €122,866
- Debts after one year +€20,567
up €20,567 (+11.9%), from €172,390 to €192,956
- Accrued charges and deferred income -€16,387
down €16,387 (-88.8%), from €18,450 to €2,063
Income statement
- Gross operating margin -€124,217
down €124,217 (-92.3%), from €134,583 to €10,366
- Other operating charges +€46,030
up €46,030 (+413%), from €11,136 to €57,166
- Depreciation -€11,926
down €11,926 (-54.2%), from €22,013 to €10,087
- Staff costs +€7,555
up €7,555 (+11.3%), from €66,862 to €74,417
- Write-downs -€7,260
new in 2025: -€7,260
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,275
Gross operating margin
-€124,217
Staff costs
-€7,555
Depreciation
+€11,926
Write-downs
+€7,260
Other operating charges
-€46,030
Other operating items
-€109,522
Financial income
+€669
Financial charges
+€5,299
Taxes
+€3,005
Result 2025
-€257,890
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€78,672
Investment
+€21,199
Financing
+€57,255
Cash 2024
€748
From operations (derived)
-€78,672
Net result for the year
-€257,890
Depreciation
+€10,087
Stocks and contracts
+€65,974
Receivables within one year
+€161,232
Deferred charges and accrued income
+€2,793
Trade debts
-€33,698
Tax, wage and social debts
-€11,295
Other debts
+€511
Accrued charges and deferred income
-€16,387
Investment (derived)
+€21,199
Investment in fixed assets (net)
+€21,199
Financing
+€57,255
Debts after one year
+€20,567
Current portion of long-term debt
-€11,559
Short-term financial debts
+€48,247
Cash 2025
€530
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €466,362 | €204,859 | -€261,503 | -56.1% |
| Fixed assets | 21/28 | €35,261 | €3,976 | -€31,286 | -88.7% |
| Tangible fixed assets | 22/27 | €31,517 | €3,976 | -€27,542 | -87.4% |
| Plant, machinery and equipment | 23 | €10,416 | €0 | -€10,416 | -100% |
| Furniture and vehicles | 24 | €4,266 | €2,340 | -€1,926 | -45.1% |
| Leasing and similar rights | 25 | €14,823 | €0 | -€14,823 | -100% |
| Other tangible fixed assets | 26 | €2,012 | €1,635 | -€376 | -18.7% |
| Financial fixed assets | 28 | €3,744 | €0 | -€3,744 | -100% |
| Current assets | 29/58 | €431,101 | €200,883 | -€230,218 | -53.4% |
| Stocks and contracts in progress | 3 | €217,148 | €151,175 | -€65,974 | -30.4% |
| Stocks | 30/36 | €217,148 | €151,175 | -€65,974 | -30.4% |
| Amounts receivable within one year | 40/41 | €207,569 | €46,337 | -€161,232 | -77.7% |
| Trade receivables | 40 | €97,995 | €16,634 | -€81,361 | -83.0% |
| Other amounts receivable | 41 | €109,574 | €29,703 | -€79,871 | -72.9% |
| Cash at bank and in hand | 54/58 | €748 | €530 | -€219 | -29.2% |
| Deferred charges and accrued income | 490/1 | €5,635 | €2,842 | -€2,793 | -49.6% |
| Total equity and liabilities | 10/49 | €466,362 | €204,859 | -€261,503 | -56.1% |
| Equity | 10/15 | €11,646 | -€246,244 | -€257,890 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €11,916 | €11,916 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,916 | €11,916 | = | 0.0% |
| Legal reserve | 130 | €3,454 | €3,454 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,463 | €8,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,271 | -€320,160 | -€257,890 | -414% |
| Amounts payable | 17/49 | €454,716 | €451,103 | -€3,614 | -0.8% |
| Amounts payable after more than one year | 17 | €172,390 | €192,956 | +€20,567 | +11.9% |
| Financial debts | 170/4 | €172,390 | €192,956 | +€20,567 | +11.9% |
| Amounts payable within one year | 42/48 | €263,876 | €256,084 | -€7,793 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €15,601 | €4,042 | -€11,559 | -74.1% |
| Financial debts | 43 | €50,310 | €98,557 | +€48,247 | +95.9% |
| Credit institutions | 430/8 | €50,310 | €98,557 | +€48,247 | +95.9% |
| Trade debts | 44 | €156,564 | €122,866 | -€33,698 | -21.5% |
| Suppliers | 440/4 | €156,564 | €122,866 | -€33,698 | -21.5% |
| Taxes, remuneration and social security | 45 | €41,362 | €30,067 | -€11,295 | -27.3% |
| Taxes | 450/3 | €28,982 | €21,449 | -€7,533 | -26.0% |
| Remuneration and social security | 454/9 | €12,380 | €8,618 | -€3,761 | -30.4% |
| Other amounts payable | 47/48 | €39 | €550 | +€511 | +1,320% |
| Accrued charges and deferred income | 492/3 | €18,450 | €2,063 | -€16,387 | -88.8% |
| Non-recurring operating income | 76A | - | €48,461 | +€48,461 | |
| Remuneration, social security and pensions | 62 | €66,862 | €74,417 | +€7,555 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,013 | €10,087 | -€11,926 | -54.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€7,260 | -€7,260 | |
| Other operating charges | 640/8 | €11,136 | €57,166 | +€46,030 | +413% |
| Non-recurring operating charges | 66A | - | €109,522 | +€109,522 | |
| Gross operating margin | 9900 | €134,583 | €10,366 | -€124,217 | -92.3% |
| Operating profit (loss) | 9901 | €34,572 | -€233,566 | -€268,138 | |
| Financial income | 75/76B | €580 | €1,248 | +€669 | +115% |
| Recurring financial income | 75 | €580 | €1,248 | +€669 | +115% |
| Financial charges | 65/66B | €30,438 | €25,139 | -€5,299 | -17.4% |
| Recurring financial charges | 65 | €30,438 | €25,139 | -€5,299 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €4,714 | -€257,457 | -€262,170 | |
| Income taxes | 67/77 | €3,439 | €433 | -€3,005 | -87.4% |
| Profit (loss) for the period | 9904 | €1,275 | -€257,890 | -€259,165 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,275 | -€257,890 | -€259,165 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.