ForKoder: 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.
ForKoder
Largest movements
- Cash -€48,447
down €48,447 (-36.8%), from €131,682 to €83,235
mainly Contributions, distributions and other (-€105,400) and Receivables within one year (-€6,441)
- Receivables within one year +€6,441
up €6,441 (+14.4%), from €44,656 to €51,097
of which Other amounts receivable: +€8,202
- Reserves -€105,400
down €105,400 (-100.0%), from €105,400 to €0
- Other debts +€48,310
up €48,310 (+84.9%), from €56,869 to €105,179
- Profit (loss) carried forward +€16,849
up €16,849 (+716.2%), from €2,353 to €19,202
- Gross operating margin -€44,162
down €44,162 (-65.9%), from €67,025 to €22,863
- Taxes -€8,989
down €8,989 (-67.7%), from €13,287 to €4,298
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 | €177,792 | €136,495 | -€41,297 | -23.2% |
| Fixed assets | 21/28 | €1,272 | €1,941 | +€668 | +52.5% |
| Tangible fixed assets | 22/27 | €1,272 | €1,941 | +€668 | +52.5% |
| Furniture and vehicles | 24 | €1,272 | €1,941 | +€668 | +52.5% |
| Current assets | 29/58 | €176,519 | €134,554 | -€41,966 | -23.8% |
| Amounts receivable within one year | 40/41 | €44,656 | €51,097 | +€6,441 | +14.4% |
| Trade receivables | 40 | €44,656 | €42,894 | -€1,762 | -3.9% |
| Other amounts receivable | 41 | - | €8,202 | +€8,202 | |
| Cash at bank and in hand | 54/58 | €131,682 | €83,235 | -€48,447 | -36.8% |
| Deferred charges and accrued income | 490/1 | €182 | €222 | +€40 | +22.0% |
| Total equity and liabilities | 10/49 | €177,792 | €136,495 | -€41,297 | -23.2% |
| Equity | 10/15 | €110,753 | €22,202 | -€88,551 | -80.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €105,400 | €0 | -€105,400 | -100.0% |
| Distributable reserves | 133 | €105,400 | €0 | -€105,400 | -100.0% |
| Profit (loss) carried forward | 14 | €2,353 | €19,202 | +€16,849 | +716.2% |
| Amounts payable | 17/49 | €67,039 | €114,293 | +€47,254 | +70.5% |
| Amounts payable within one year | 42/48 | €67,039 | €114,293 | +€47,254 | +70.5% |
| Trade debts | 44 | €54 | €71 | +€17 | +31.2% |
| Suppliers | 440/4 | €54 | €71 | +€17 | +31.2% |
| Taxes, remuneration and social security | 45 | €10,116 | €9,043 | -€1,073 | -10.6% |
| Taxes | 450/3 | €10,116 | €4,707 | -€5,409 | -53.5% |
| Remuneration and social security | 454/9 | €0 | €4,336 | +€4,336 | |
| Other amounts payable | 47/48 | €56,869 | €105,179 | +€48,310 | +84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,356 | €1,173 | -€183 | -13.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €67,025 | €22,863 | -€44,162 | -65.9% |
| Operating profit (loss) | 9901 | €65,282 | €21,290 | -€43,992 | -67.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.1% |
| Financial charges | 65/66B | €143 | €143 | +€0 | +0.2% |
| Recurring financial charges | 65 | €143 | €143 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €65,140 | €21,146 | -€43,993 | -67.5% |
| Income taxes | 67/77 | €13,287 | €4,298 | -€8,989 | -67.7% |
| Profit (loss) for the period | 9904 | €51,853 | €16,849 | -€35,004 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €51,853 | €16,849 | -€35,004 | -67.5% |
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 3 October 2026 via checked.be.