FORREST FARM: 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.
FORREST FARM
Largest movements
- Receivables within one year +€75,984
up €75,984 (+144%), from €52,932 to €128,916
of which Trade receivables: +€65,001
- Cash +€58,533
up €58,533 (+77.3%), from €75,767 to €134,299
mainly Trade debts (+€164,952) and Depreciation (+€25,793)
- Tangible fixed assets -€25,793
down €25,793 (-28.3%), from €91,168 to €65,375
of which Furniture and vehicles: -€12,966
- Stocks and contracts +€11,356
up €11,356 (+7.5%), from €151,779 to €163,135
- Trade debts +€164,952
up €164,952 (+66.3%), from €248,665 to €413,617
- Debts after one year -€34,000
no longer reported in 2025 (was €34,000)
- Profit (loss) carried forward -€12,215
down €12,215 (-53.2%), from -€22,944 to -€35,159
- Gross operating margin +€17,265
up €17,265, from -€1,617 to €15,648
- Financial charges -€417
down €417 (-29.9%), from €1,396 to €979
- Taxes -€296
down €296 (-57.8%), from €512 to €216
- Financial income -€160
down €160 (-99.8%), from €160 to €0
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 | €371,646 | €491,781 | +€120,136 | +32.3% |
| Fixed assets | 21/28 | €91,168 | €65,375 | -€25,793 | -28.3% |
| Tangible fixed assets | 22/27 | €91,168 | €65,375 | -€25,793 | -28.3% |
| Plant, machinery and equipment | 23 | €41,577 | €28,750 | -€12,827 | -30.9% |
| Furniture and vehicles | 24 | €49,591 | €36,625 | -€12,966 | -26.1% |
| Current assets | 29/58 | €280,478 | €426,406 | +€145,928 | +52.0% |
| Stocks and contracts in progress | 3 | €151,779 | €163,135 | +€11,356 | +7.5% |
| Stocks | 30/36 | €151,779 | €163,135 | +€11,356 | +7.5% |
| Amounts receivable within one year | 40/41 | €52,932 | €128,916 | +€75,984 | +144% |
| Trade receivables | 40 | €45,902 | €110,902 | +€65,001 | +142% |
| Other amounts receivable | 41 | €7,030 | €18,014 | +€10,983 | +156% |
| Cash at bank and in hand | 54/58 | €75,767 | €134,299 | +€58,533 | +77.3% |
| Deferred charges and accrued income | 490/1 | - | €55 | +€55 | |
| Total equity and liabilities | 10/49 | €371,646 | €491,781 | +€120,136 | +32.3% |
| Equity | 10/15 | -€17,944 | -€30,159 | -€12,215 | -68.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,944 | -€35,159 | -€12,215 | -53.2% |
| Amounts payable | 17/49 | €389,590 | €521,940 | +€132,350 | +34.0% |
| Amounts payable after more than one year | 17 | €34,000 | - | -€34,000 | |
| Financial debts | 170/4 | €34,000 | - | -€34,000 | |
| Amounts payable within one year | 42/48 | €355,590 | €521,283 | +€165,693 | +46.6% |
| Current portion of amounts payable after more than one year | 42 | €34,000 | €34,000 | = | 0.0% |
| Trade debts | 44 | €248,665 | €413,617 | +€164,952 | +66.3% |
| Suppliers | 440/4 | €248,665 | €413,617 | +€164,952 | +66.3% |
| Taxes, remuneration and social security | 45 | €522 | €216 | -€306 | -58.6% |
| Taxes | 450/3 | €522 | €216 | -€306 | -58.6% |
| Other amounts payable | 47/48 | €72,403 | €73,450 | +€1,047 | +1.4% |
| Accrued charges and deferred income | 492/3 | - | €658 | +€658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,793 | €25,793 | = | 0.0% |
| Other operating charges | 640/8 | €981 | €875 | -€106 | -10.8% |
| Gross operating margin | 9900 | -€1,617 | €15,648 | +€17,265 | |
| Operating profit (loss) | 9901 | -€28,391 | -€11,020 | +€17,371 | +61.2% |
| Financial income | 75/76B | €160 | €0 | -€160 | -99.8% |
| Recurring financial income | 75 | €160 | €0 | -€160 | -99.8% |
| Financial charges | 65/66B | €1,396 | €979 | -€417 | -29.9% |
| Recurring financial charges | 65 | €1,396 | €979 | -€417 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,627 | -€11,999 | +€17,629 | +59.5% |
| Income taxes | 67/77 | €512 | €216 | -€296 | -57.8% |
| Profit (loss) for the period | 9904 | -€30,139 | -€12,215 | +€17,924 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,139 | -€12,215 | +€17,924 | +59.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.