FORPS: 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.
FORPS
Largest movements
- Receivables within one year -€7,240
down €7,240 (-38.6%), from €18,767 to €11,528
of which Trade receivables: -€7,690
- Cash +€6,568
up €6,568 (+40.7%), from €16,155 to €22,723
mainly Receivables within one year (+€7,240) and Net result for the year (+€4,571)
- Deferred charges and accrued income +€1,642
new in 2025: €1,642
- Tangible fixed assets -€1,067
down €1,067 (-26.3%), from €4,061 to €2,995
- Reserves +€4,571
up €4,571 (+24.2%), from €18,925 to €23,496
- Tax, wage and social debts -€4,551
down €4,551 (-53.9%), from €8,440 to €3,890
- Depreciation -€13,760
down €13,760 (-92.8%), from €14,827 to €1,067
- Gross operating margin -€12,921
down €12,921 (-52.5%), from €24,599 to €11,678
- Financial charges +€1,714
up €1,714 (+102.9%), from €1,665 to €3,379
- Taxes +€334
up €334 (+18.8%), from €1,778 to €2,112
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 | €38,984 | €38,887 | -€97 | -0.2% |
| Fixed assets | 21/28 | €4,061 | €2,995 | -€1,067 | -26.3% |
| Tangible fixed assets | 22/27 | €4,061 | €2,995 | -€1,067 | -26.3% |
| Furniture and vehicles | 24 | €4,061 | €2,995 | -€1,067 | -26.3% |
| Current assets | 29/58 | €34,922 | €35,892 | +€970 | +2.8% |
| Amounts receivable within one year | 40/41 | €18,767 | €11,528 | -€7,240 | -38.6% |
| Trade receivables | 40 | €18,767 | €11,078 | -€7,690 | -41.0% |
| Other amounts receivable | 41 | - | €450 | +€450 | |
| Cash at bank and in hand | 54/58 | €16,155 | €22,723 | +€6,568 | +40.7% |
| Deferred charges and accrued income | 490/1 | - | €1,642 | +€1,642 | |
| Total equity and liabilities | 10/49 | €38,984 | €38,887 | -€97 | -0.2% |
| Equity | 10/15 | €21,425 | €25,996 | +€4,571 | +21.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,925 | €23,496 | +€4,571 | +24.2% |
| Distributable reserves | 133 | €18,925 | €23,496 | +€4,571 | +24.2% |
| Amounts payable | 17/49 | €17,559 | €12,891 | -€4,667 | -26.6% |
| Amounts payable within one year | 42/48 | €17,559 | €12,891 | -€4,667 | -26.6% |
| Trade debts | 44 | €2,331 | €2,321 | -€10 | -0.4% |
| Suppliers | 440/4 | €2,331 | €2,321 | -€10 | -0.4% |
| Taxes, remuneration and social security | 45 | €8,440 | €3,890 | -€4,551 | -53.9% |
| Taxes | 450/3 | €8,440 | €3,890 | -€4,551 | -53.9% |
| Other amounts payable | 47/48 | €6,788 | €6,681 | -€107 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,827 | €1,067 | -€13,760 | -92.8% |
| Other operating charges | 640/8 | €641 | €550 | -€91 | -14.2% |
| Gross operating margin | 9900 | €24,599 | €11,678 | -€12,921 | -52.5% |
| Operating profit (loss) | 9901 | €9,131 | €10,061 | +€930 | +10.2% |
| Financial charges | 65/66B | €1,665 | €3,379 | +€1,714 | +102.9% |
| Recurring financial charges | 65 | €1,665 | €3,379 | +€1,714 | +102.9% |
| Profit (loss) for the period before taxes | 9903 | €7,466 | €6,682 | -€784 | -10.5% |
| Income taxes | 67/77 | €1,778 | €2,112 | +€334 | +18.8% |
| Profit (loss) for the period | 9904 | €5,688 | €4,571 | -€1,118 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,688 | €4,571 | -€1,118 | -19.6% |
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 4 October 2026 via checked.be.