Foronex Groep: 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.
Foronex Groep
Largest movements
- Receivables within one year +€527,658
up €527,658 (+50.0%), from €1.1m to €1.6m
of which Other amounts receivable: +€518,158
- Financial fixed assets +€107,286
up €107,286 (+11.1%), from €962,311 to €1.1m
- Cash -€63,863
down €63,863 (-95.4%), from €66,919 to €3,056
mainly Receivables within one year (-€527,658) and Contributions, distributions and other (-€500,000)
- Short-term financial debts +€1.0m
new in 2025: €1.0m
- Contributions -€500,000
down €500,000 (-25.0%), from €2.0m to €1.5m
- Profit (loss) carried forward +€295,722
up €295,722 (+50.6%), from -€584,572 to -€288,850
- Other debts -€248,000
down €248,000 (-39.8%), from €623,000 to €375,000
- Trade debts +€53,084
up €53,084 (+299%), from €17,744 to €70,828
- Gross operating margin +€347,365
up €347,365 (+4,112%), from €8,448 to €355,813
- Financial charges +€57,980
up €57,980 (+615%), from €9,427 to €67,407
of which Non-recurring financial charges: +€60,676
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 | €2,126,367 | €2,698,627 | +€572,259 | +26.9% |
| Fixed assets | 21/28 | €962,311 | €1,069,597 | +€107,286 | +11.1% |
| Financial fixed assets | 28 | €962,311 | €1,069,597 | +€107,286 | +11.1% |
| Current assets | 29/58 | €1,164,057 | €1,629,030 | +€464,973 | +39.9% |
| Amounts receivable within one year | 40/41 | €1,055,620 | €1,583,278 | +€527,658 | +50.0% |
| Trade receivables | 40 | €60,500 | €70,000 | +€9,500 | +15.7% |
| Other amounts receivable | 41 | €995,120 | €1,513,278 | +€518,158 | +52.1% |
| Cash at bank and in hand | 54/58 | €66,919 | €3,056 | -€63,863 | -95.4% |
| Deferred charges and accrued income | 490/1 | €41,518 | €42,695 | +€1,178 | +2.8% |
| Total equity and liabilities | 10/49 | €2,126,367 | €2,698,627 | +€572,259 | +26.9% |
| Equity | 10/15 | €1,447,423 | €1,243,145 | -€204,278 | -14.1% |
| Contributions | 10/11 | €2,000,120 | €1,500,120 | -€500,000 | -25.0% |
| Reserves | 13 | €31,875 | €31,875 | = | 0.0% |
| Distributable reserves | 133 | €31,875 | €31,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€584,572 | -€288,850 | +€295,722 | +50.6% |
| Amounts payable | 17/49 | €678,945 | €1,455,482 | +€776,537 | +114% |
| Amounts payable within one year | 42/48 | €643,333 | €1,449,065 | +€805,733 | +125% |
| Financial debts | 43 | - | €1,000,000 | +€1.0m | |
| Other loans | 439 | - | €1,000,000 | +€1.0m | |
| Trade debts | 44 | €17,744 | €70,828 | +€53,084 | +299% |
| Suppliers | 440/4 | €17,744 | €70,828 | +€53,084 | +299% |
| Taxes, remuneration and social security | 45 | €2,589 | €3,237 | +€649 | +25.1% |
| Taxes | 450/3 | €2,589 | €3,237 | +€649 | +25.1% |
| Other amounts payable | 47/48 | €623,000 | €375,000 | -€248,000 | -39.8% |
| Accrued charges and deferred income | 492/3 | €35,612 | €6,417 | -€29,195 | -82.0% |
| Other operating charges | 640/8 | €968 | €2,142 | +€1,175 | +121% |
| Non-recurring operating charges | 66A | €598,838 | - | -€598,838 | |
| Gross operating margin | 9900 | €8,448 | €355,813 | +€347,365 | +4,112% |
| Operating profit (loss) | 9901 | -€591,358 | €353,670 | +€945,028 | |
| Financial income | 75/76B | €16,212 | €12,695 | -€3,517 | -21.7% |
| Recurring financial income | 75 | €16,212 | €12,695 | -€3,517 | -21.7% |
| Financial charges | 65/66B | €9,427 | €67,407 | +€57,980 | +615% |
| Recurring financial charges | 65 | €9,427 | €6,731 | -€2,696 | -28.6% |
| Non-recurring financial charges | 66B | - | €60,676 | +€60,676 | |
| Profit (loss) for the period before taxes | 9903 | -€584,572 | €298,959 | +€883,531 | |
| Income taxes | 67/77 | - | €3,237 | +€3,237 | |
| Profit (loss) for the period | 9904 | -€584,572 | €295,722 | +€880,294 | |
| Profit (loss) for the period to be appropriated | 9905 | -€584,572 | €295,722 | +€880,294 |
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 31 October 2026 via checked.be.