FORKOT: 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.
FORKOT
Largest movements
- Receivables within one year -€478,334
down €478,334 (-98.5%), from €485,667 to €7,333
of which Trade receivables: -€477,615
- Intangible fixed assets +€40,515
new in 2025: €40,515
- Stocks and contracts -€37,785
down €37,785 (-32.3%), from €117,034 to €79,249
- Cash +€32,729
up €32,729 (+426%), from €7,675 to €40,404
mainly Receivables within one year (+€478,334) and Net result for the year (+€48,418)
- Trade debts -€510,985
down €510,985 (-89.6%), from €570,357 to €59,372
- Profit (loss) carried forward +€48,418
up €48,418 (+170%), from €28,525 to €76,943
- Tax, wage and social debts +€21,096
up €21,096 (+150%), from €14,100 to €35,196
of which Taxes: +€16,704
- Staff costs -€38,274
down €38,274 (-35.6%), from €107,431 to €69,157
- Taxes +€11,933
up €11,933 (+173%), from €6,904 to €18,837
- Gross operating margin +€2,765
up €2,765 (+2.0%), from €136,932 to €139,697
- Depreciation +€2,226
up €2,226 (+6,956%), from €32 to €2,258
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 | €613,982 | €172,511 | -€441,471 | -71.9% |
| Fixed assets | 21/28 | €1,191 | €42,798 | +€41,607 | +3,493% |
| Intangible fixed assets | 21 | - | €40,515 | +€40,515 | |
| Tangible fixed assets | 22/27 | €1,191 | €783 | -€408 | -34.3% |
| Plant, machinery and equipment | 23 | €1,191 | €783 | -€408 | -34.3% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €612,791 | €129,713 | -€483,078 | -78.8% |
| Stocks and contracts in progress | 3 | €117,034 | €79,249 | -€37,785 | -32.3% |
| Stocks | 30/36 | €117,034 | €79,249 | -€37,785 | -32.3% |
| Amounts receivable within one year | 40/41 | €485,667 | €7,333 | -€478,334 | -98.5% |
| Trade receivables | 40 | €479,771 | €2,156 | -€477,615 | -99.6% |
| Other amounts receivable | 41 | €5,896 | €5,177 | -€719 | -12.2% |
| Cash at bank and in hand | 54/58 | €7,675 | €40,404 | +€32,729 | +426% |
| Deferred charges and accrued income | 490/1 | €2,415 | €2,727 | +€312 | +12.9% |
| Total equity and liabilities | 10/49 | €613,982 | €172,511 | -€441,471 | -71.9% |
| Equity | 10/15 | €29,525 | €77,943 | +€48,418 | +164% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,525 | €76,943 | +€48,418 | +170% |
| Amounts payable | 17/49 | €584,457 | €94,568 | -€489,889 | -83.8% |
| Amounts payable within one year | 42/48 | €584,457 | €94,568 | -€489,889 | -83.8% |
| Trade debts | 44 | €570,357 | €59,372 | -€510,985 | -89.6% |
| Suppliers | 440/4 | €570,357 | €59,372 | -€510,985 | -89.6% |
| Taxes, remuneration and social security | 45 | €14,100 | €35,196 | +€21,096 | +150% |
| Taxes | 450/3 | €11,450 | €28,154 | +€16,704 | +146% |
| Remuneration and social security | 454/9 | €2,650 | €7,042 | +€4,392 | +166% |
| Remuneration, social security and pensions | 62 | €107,431 | €69,157 | -€38,274 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32 | €2,258 | +€2,226 | +6,956% |
| Other operating charges | 640/8 | €945 | €802 | -€143 | -15.1% |
| Gross operating margin | 9900 | €136,932 | €139,697 | +€2,765 | +2.0% |
| Operating profit (loss) | 9901 | €28,524 | €67,480 | +€38,956 | +137% |
| Financial charges | 65/66B | €184 | €225 | +€41 | +22.3% |
| Recurring financial charges | 65 | €184 | €225 | +€41 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €28,340 | €67,255 | +€38,915 | +137% |
| Income taxes | 67/77 | €6,904 | €18,837 | +€11,933 | +173% |
| Profit (loss) for the period | 9904 | €21,436 | €48,418 | +€26,982 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €21,436 | €48,418 | +€26,982 | +126% |
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 13 October 2026 via checked.be.