FOROPRINT: 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.
FOROPRINT
Largest movements
- Tangible fixed assets -€764,363
down €764,363 (-87.4%), from €874,074 to €109,711
of which Land and buildings: -€870,662
- Receivables after one year +€600,000
new in 2025: €600,000
- Stocks and contracts -€100,215
down €100,215 (-40.0%), from €250,721 to €150,506
- Current investments -€80,000
down €80,000 (-100%), from €80,000 to €0
- Receivables within one year +€52,682
up €52,682 (+41.5%), from €126,798 to €179,480
of which Trade receivables: +€44,333
- Debts after one year -€641,848
down €641,848 (-100%), from €641,848 to €0
- Other debts +€500,000
up €500,000, from €0 to €500,000
- Current portion of long-term debt -€68,625
down €68,625 (-100%), from €68,625 to €0
- Reserves -€39,102
down €39,102 (-6.7%), from €579,624 to €540,522
of which Distributable reserves: -€36,602
- Accrued charges and deferred income +€19,814
new in 2025: €19,814
- Gross operating margin +€551,540
up €551,540 (+183%), from €300,889 to €852,429
- Taxes +€119,373
up €119,373 (+275%), from €43,399 to €162,772
- Staff costs +€84,495
up €84,495 (+108%), from €78,401 to €162,896
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,412,586 | €1,152,575 | -€260,011 | -18.4% |
| Fixed assets | 21/28 | €874,074 | €109,711 | -€764,363 | -87.4% |
| Tangible fixed assets | 22/27 | €874,074 | €109,711 | -€764,363 | -87.4% |
| Land and buildings | 22 | €870,662 | €0 | -€870,662 | -100% |
| Plant, machinery and equipment | 23 | €2,825 | €28,475 | +€25,649 | +908% |
| Furniture and vehicles | 24 | €586 | €81,236 | +€80,650 | +13,760% |
| Current assets | 29/58 | €538,512 | €1,042,864 | +€504,352 | +93.7% |
| Amounts receivable after more than one year | 29 | - | €600,000 | +€600,000 | |
| Other amounts receivable | 291 | - | €600,000 | +€600,000 | |
| Stocks and contracts in progress | 3 | €250,721 | €150,506 | -€100,215 | -40.0% |
| Stocks | 30/36 | €250,721 | €150,506 | -€100,215 | -40.0% |
| Amounts receivable within one year | 40/41 | €126,798 | €179,480 | +€52,682 | +41.5% |
| Trade receivables | 40 | €126,798 | €171,131 | +€44,333 | +35.0% |
| Other amounts receivable | 41 | - | €8,349 | +€8,349 | |
| Current investments | 50/53 | €80,000 | €0 | -€80,000 | -100% |
| Cash at bank and in hand | 54/58 | €71,612 | €108,984 | +€37,373 | +52.2% |
| Deferred charges and accrued income | 490/1 | €9,381 | €3,893 | -€5,488 | -58.5% |
| Total equity and liabilities | 10/49 | €1,412,586 | €1,152,575 | -€260,011 | -18.4% |
| Equity | 10/15 | €604,424 | €565,322 | -€39,102 | -6.5% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €579,624 | €540,522 | -€39,102 | -6.7% |
| Non-distributable reserves | 130/1 | €2,500 | €0 | -€2,500 | -100% |
| Reserves not available under the articles | 1311 | €2,500 | €0 | -€2,500 | -100% |
| Distributable reserves | 133 | €577,124 | €540,522 | -€36,602 | -6.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €808,161 | €587,253 | -€220,909 | -27.3% |
| Amounts payable after more than one year | 17 | €641,848 | €0 | -€641,848 | -100% |
| Financial debts | 170/4 | €641,848 | €0 | -€641,848 | -100% |
| Amounts payable within one year | 42/48 | €166,313 | €567,438 | +€401,125 | +241% |
| Current portion of amounts payable after more than one year | 42 | €68,625 | €0 | -€68,625 | -100% |
| Trade debts | 44 | €51,038 | €40,173 | -€10,864 | -21.3% |
| Suppliers | 440/4 | €51,038 | €40,173 | -€10,864 | -21.3% |
| Taxes, remuneration and social security | 45 | €46,650 | €27,265 | -€19,385 | -41.6% |
| Taxes | 450/3 | €43,010 | €15,966 | -€27,044 | -62.9% |
| Remuneration and social security | 454/9 | €3,640 | €11,299 | +€7,659 | +210% |
| Other amounts payable | 47/48 | €0 | €500,000 | +€500,000 | |
| Accrued charges and deferred income | 492/3 | - | €19,814 | +€19,814 | |
| Non-recurring operating income | 76A | - | €531,362 | +€531,362 | |
| Remuneration, social security and pensions | 62 | €78,401 | €162,896 | +€84,495 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,565 | €31,866 | +€7,300 | +29.7% |
| Other operating charges | 640/8 | €20,714 | €24,680 | +€3,966 | +19.1% |
| Gross operating margin | 9900 | €300,889 | €852,429 | +€551,540 | +183% |
| Operating profit (loss) | 9901 | €177,208 | €632,987 | +€455,778 | +257% |
| Financial income | 75/76B | €1,138 | €5,334 | +€4,196 | +369% |
| Recurring financial income | 75 | €1,138 | €5,334 | +€4,196 | +369% |
| Financial charges | 65/66B | €20,227 | €14,651 | -€5,576 | -27.6% |
| Recurring financial charges | 65 | €20,227 | €14,651 | -€5,576 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €158,119 | €623,670 | +€465,551 | +294% |
| Income taxes | 67/77 | €43,399 | €162,772 | +€119,373 | +275% |
| Profit (loss) for the period | 9904 | €114,720 | €460,898 | +€346,178 | +302% |
| Profit (loss) for the period to be appropriated | 9905 | €114,720 | €460,898 | +€346,178 | +302% |
Source: filed annual accounts (NBB), financial years ended 30 June 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.