FORK INVEST: what changed
What changed
FORK INVEST
NACE 69.209, Other tax advisory services
filed annual accounts (NBB)
Net result for the year
€3.5m
2024 · €1.8m+€1.6m
Equity
€43.6m
2024 · €40.2m+€3.5m
Cash
€173,393
2024 · €130,543+€42,850
Balance sheet total
€58.7m
2024 · €53.5m+€5.2m
Largest movements
Assets
- Current investments +€5.3m
up €5.3m (+91.8%), from €5.8m to €11.2m
Equity and liabilities
- Profit (loss) carried forward +€3.5m
up €3.5m (+35.8%), from €9.7m to €13.2m
- Short-term financial debts +€2.5m
up €2.5m (+68.2%), from €3.7m to €6.2m
Income statement
- Financial income +€1.7m
up €1.7m (+75.4%), from €2.2m to €3.9m
- Write-downs -€216,143
down €216,143 (-97.9%), from €220,668 to €4,525
- Financial charges +€192,593
up €192,593 (+39.1%), from €491,955 to €684,548
- Gross operating margin -€47,792
down €47,792 (-10.4%), from €459,117 to €411,325
- Other operating charges +€10,952
up €10,952 (+287%), from €3,810 to €14,762
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
€1.8m
Gross operating margin
-€47,792
Staff costs
+€1,783
Depreciation
+€6,771
Write-downs
+€216,143
Other operating charges
-€10,952
Financial income
+€1.7m
Financial charges
-€192,593
Taxes
-€3,582
Result 2025
€3.5m
raises the resultlowers the result
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
+€3.8m
Investment
-€5.5m
Financing
+€1.8m
Cash 2024
€130,543
From operations (derived)
+€3.8m
Net result for the year
+€3.5m
Depreciation
+€61,114
Receivables within one year
+€239,816
Smaller working-capital items
+€1,802
Tax, wage and social debts
-€19,810
Other debts
+€31,121
Investment (derived)
-€5.5m
Investment in fixed assets (net)
-€156,059
Current investments
-€5.3m
Financing
+€1.8m
Debts after one year
-€500,000
Current portion of long-term debt
-€256,860
Short-term financial debts
+€2.5m
Cash 2025
€173,393
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,477,223 | €58,720,556 | +€5.2m | +9.8% |
| Fixed assets | 21/28 | €47,171,147 | €47,266,092 | +€94,945 | +0.2% |
| Intangible fixed assets | 21 | €232,800 | €174,600 | -€58,200 | -25.0% |
| Tangible fixed assets | 22/27 | €4,212 | €1,298 | -€2,914 | -69.2% |
| Plant, machinery and equipment | 23 | €326 | €0 | -€326 | -100% |
| Furniture and vehicles | 24 | €1,922 | €1,298 | -€624 | -32.4% |
| Other tangible fixed assets | 26 | €1,965 | €0 | -€1,965 | -100% |
| Financial fixed assets | 28 | €46,934,135 | €47,090,194 | +€156,059 | +0.3% |
| Current assets | 29/58 | €6,306,076 | €11,454,463 | +€5.1m | +81.6% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €265,888 | €26,072 | -€239,816 | -90.2% |
| Trade receivables | 40 | €13,888 | €18,888 | +€5,000 | +36.0% |
| Other amounts receivable | 41 | €252,000 | €7,184 | -€244,816 | -97.1% |
| Current investments | 50/53 | €5,822,979 | €11,171,098 | +€5.3m | +91.8% |
| Cash at bank and in hand | 54/58 | €130,543 | €173,393 | +€42,850 | +32.8% |
| Deferred charges and accrued income | 490/1 | €61,665 | €58,900 | -€2,765 | -4.5% |
| Total equity and liabilities | 10/49 | €53,477,223 | €58,720,556 | +€5.2m | +9.8% |
| Equity | 10/15 | €40,171,006 | €43,645,984 | +€3.5m | +8.7% |
| Contributions | 10/11 | €29,876,000 | €29,876,000 | = | 0.0% |
| Reserves | 13 | €583,933 | €583,933 | = | 0.0% |
| Non-distributable reserves | 130/1 | €570,600 | €570,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €570,600 | €570,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,333 | €13,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,711,073 | €13,186,051 | +€3.5m | +35.8% |
| Amounts payable | 17/49 | €13,306,217 | €15,074,571 | +€1.8m | +13.3% |
| Amounts payable after more than one year | 17 | €8,500,000 | €8,000,000 | -€500,000 | -5.9% |
| Financial debts | 170/4 | €1,000,000 | €500,000 | -€500,000 | -50.0% |
| Other amounts payable | 178/9 | €7,500,000 | €7,500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,806,217 | €7,074,571 | +€2.3m | +47.2% |
| Current portion of amounts payable after more than one year | 42 | €756,860 | €500,000 | -€256,860 | -33.9% |
| Financial debts | 43 | €3,689,303 | €6,204,168 | +€2.5m | +68.2% |
| Credit institutions | 430/8 | €3,689,303 | €6,204,168 | +€2.5m | +68.2% |
| Trade debts | 44 | €1,841 | €878 | -€963 | -52.3% |
| Suppliers | 440/4 | €1,841 | €878 | -€963 | -52.3% |
| Taxes, remuneration and social security | 45 | €57,577 | €37,767 | -€19,810 | -34.4% |
| Taxes | 450/3 | €55,700 | €36,263 | -€19,437 | -34.9% |
| Remuneration and social security | 454/9 | €1,877 | €1,504 | -€373 | -19.9% |
| Other amounts payable | 47/48 | €300,637 | €331,759 | +€31,121 | +10.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €18,046 | €16,262 | -€1,783 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,885 | €61,114 | -€6,771 | -10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €220,668 | €4,525 | -€216,143 | -97.9% |
| Other operating charges | 640/8 | €3,810 | €14,762 | +€10,952 | +287% |
| Gross operating margin | 9900 | €459,117 | €411,325 | -€47,792 | -10.4% |
| Operating profit (loss) | 9901 | €148,708 | €314,662 | +€165,954 | +112% |
| Financial income | 75/76B | €2,229,164 | €3,909,047 | +€1.7m | +75.4% |
| Recurring financial income | 75 | €2,229,164 | €3,909,047 | +€1.7m | +75.4% |
| Financial charges | 65/66B | €491,955 | €684,548 | +€192,593 | +39.1% |
| Recurring financial charges | 65 | €491,955 | €684,548 | +€192,593 | +39.1% |
| Profit (loss) for the period before taxes | 9903 | €1,885,918 | €3,539,161 | +€1.7m | +87.7% |
| Income taxes | 67/77 | €60,601 | €64,182 | +€3,582 | +5.9% |
| Profit (loss) for the period | 9904 | €1,825,317 | €3,474,979 | +€1.6m | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,825,317 | €3,474,979 | +€1.6m | +90.4% |
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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 2 November 2026 via checked.be.