FORRIM: 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.
What changed
FORRIM
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€33,114
2024 · €99,383-€66,269
Equity
€578,446
2024 · €575,332+€3,114
Cash
€11,516
2024 · €27,934-€16,418
Balance sheet total
€1.8m
2024 · €1.8m+€14,163
Largest movements
Assets
- Tangible fixed assets -€68,540
down €68,540 (-14.4%), from €475,119 to €406,579
of which Plant, machinery and equipment: -€92,249
- Receivables within one year +€67,735
up €67,735 (+28.2%), from €240,491 to €308,226
of which Trade receivables: +€122,210
- Stocks and contracts +€21,645
up €21,645 (+2.1%), from €1.0m to €1.0m
Equity and liabilities
- Other debts +€174,880
up €174,880, from €0 to €174,880
- Short-term financial debts -€87,816
down €87,816 (-41.3%), from €212,816 to €125,000
- Trade debts -€86,897
down €86,897 (-10.7%), from €809,465 to €722,568
- Tax, wage and social debts +€37,061
up €37,061 (+33.0%), from €112,179 to €149,240
of which Taxes: +€28,060
- Debts after one year -€26,486
down €26,486 (-85.6%), from €30,949 to €4,463
Income statement
- Services and other goods +€111,535
up €111,535 (+23.6%), from €472,089 to €583,624
- Goods and materials -€92,364
down €92,364 (-2.4%), from €3.9m to €3.8m
of which Change in stocks: decrease (increase): -€164,079
- Turnover -€89,687
down €89,687 (-1.7%), from €5.4m to €5.3m
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.
Result 2024
€99,383
Turnover
-€89,687
Other operating income
+€6,397
Goods and materials
+€92,364
Services and other goods
-€111,535
Staff costs
-€4,824
Depreciation
+€3,205
Write-downs
-€5,333
Other operating charges
+€13,233
Other operating items
-€246
Financial income
+€1,142
Financial charges
+€4,400
Taxes
+€24,617
Result 2025
€33,114
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.
From operations
+€184,321
Investment
-€56,929
Financing
-€143,810
Cash 2024
€27,934
From operations (derived)
+€184,321
Net result for the year
+€33,114
Depreciation
+€125,469
Stocks and contracts
-€21,645
Receivables within one year
-€67,735
Deferred charges and accrued income
-€9,742
Trade debts
-€86,897
Tax, wage and social debts
+€37,061
Other debts
+€174,880
Accrued charges and deferred income
-€185
Investment (derived)
-€56,929
Investment in fixed assets (net)
-€56,929
Financing
-€143,810
Debts after one year
-€26,486
Current portion of long-term debt
+€492
Short-term financial debts
-€87,816
Contributions, distributions and other
-€30,000
Cash 2025
€11,516
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,766,920 | €1,781,083 | +€14,163 | +0.8% |
| Fixed assets | 21/28 | €475,119 | €406,579 | -€68,540 | -14.4% |
| Tangible fixed assets | 22/27 | €475,119 | €406,579 | -€68,540 | -14.4% |
| Plant, machinery and equipment | 23 | €270,415 | €178,166 | -€92,249 | -34.1% |
| Furniture and vehicles | 24 | €32,166 | €21,896 | -€10,270 | -31.9% |
| Other tangible fixed assets | 26 | €172,538 | €162,090 | -€10,447 | -6.1% |
| Assets under construction and advance payments | 27 | - | €44,426 | +€44,426 | |
| Current assets | 29/58 | €1,291,801 | €1,374,505 | +€82,704 | +6.4% |
| Stocks and contracts in progress | 3 | €1,016,845 | €1,038,490 | +€21,645 | +2.1% |
| Stocks | 30/36 | €1,016,845 | €1,038,490 | +€21,645 | +2.1% |
| Raw materials and consumables | 30/31 | €221,677 | €272,342 | +€50,665 | +22.9% |
| Goods purchased for resale | 34 | €795,168 | €766,147 | -€29,020 | -3.6% |
| Amounts receivable within one year | 40/41 | €240,491 | €308,226 | +€67,735 | +28.2% |
| Trade receivables | 40 | €79,900 | €202,110 | +€122,210 | +153.0% |
| Other amounts receivable | 41 | €160,591 | €106,116 | -€54,475 | -33.9% |
| Cash at bank and in hand | 54/58 | €27,934 | €11,516 | -€16,418 | -58.8% |
| Deferred charges and accrued income | 490/1 | €6,532 | €16,273 | +€9,742 | +149.1% |
| Total equity and liabilities | 10/49 | €1,766,920 | €1,781,083 | +€14,163 | +0.8% |
| Equity | 10/15 | €575,332 | €578,446 | +€3,114 | +0.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €525,332 | €528,446 | +€3,114 | +0.6% |
| Distributable reserves | 133 | €525,332 | €528,446 | +€3,114 | +0.6% |
| Amounts payable | 17/49 | €1,191,588 | €1,202,637 | +€11,049 | +0.9% |
| Amounts payable after more than one year | 17 | €30,949 | €4,463 | -€26,486 | -85.6% |
| Financial debts | 170/4 | €30,949 | €4,463 | -€26,486 | -85.6% |
| Credit institutions | 173 | €30,949 | €4,463 | -€26,486 | -85.6% |
| Amounts payable within one year | 42/48 | €1,160,455 | €1,198,174 | +€37,719 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €25,994 | €26,486 | +€492 | +1.9% |
| Financial debts | 43 | €212,816 | €125,000 | -€87,816 | -41.3% |
| Credit institutions | 430/8 | €212,816 | €125,000 | -€87,816 | -41.3% |
| Trade debts | 44 | €809,465 | €722,568 | -€86,897 | -10.7% |
| Suppliers | 440/4 | €809,465 | €722,568 | -€86,897 | -10.7% |
| Taxes, remuneration and social security | 45 | €112,179 | €149,240 | +€37,061 | +33.0% |
| Taxes | 450/3 | €18,845 | €46,905 | +€28,060 | +148.9% |
| Remuneration and social security | 454/9 | €93,334 | €102,335 | +€9,001 | +9.6% |
| Other amounts payable | 47/48 | €0 | €174,880 | +€174,880 | |
| Accrued charges and deferred income | 492/3 | €185 | €0 | -€185 | -100.0% |
| Operating income | 70/76A | €5,397,138 | €5,313,602 | -€83,536 | -1.5% |
| Turnover | 70 | €5,379,425 | €5,289,738 | -€89,687 | -1.7% |
| Other operating income | 74 | €10,401 | €16,798 | +€6,397 | +61.5% |
| Non-recurring operating income | 76A | €7,312 | €7,066 | -€246 | -3.4% |
| Operating charges | 60/66A | €5,253,271 | €5,266,163 | +€12,892 | +0.2% |
| Goods for resale, raw materials and consumables | 60 | €3,913,343 | €3,820,980 | -€92,364 | -2.4% |
| Purchases | 600/8 | €3,753,859 | €3,825,574 | +€71,715 | +1.9% |
| Change in stocks: decrease (increase) | 609 | €159,485 | -€4,594 | -€164,079 | |
| Services and other goods | 61 | €472,089 | €583,624 | +€111,535 | +23.6% |
| Remuneration, social security and pensions | 62 | €745,990 | €750,814 | +€4,824 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,674 | €125,469 | -€3,205 | -2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€22,384 | -€17,051 | +€5,333 | +23.8% |
| Other operating charges | 640/8 | €15,560 | €2,327 | -€13,233 | -85.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €143,867 | €47,439 | -€96,428 | -67.0% |
| Financial income | 75/76B | €7,721 | €8,863 | +€1,142 | +14.8% |
| Recurring financial income | 75 | €7,721 | €8,863 | +€1,142 | +14.8% |
| Income from current assets | 751 | €6,042 | €6,026 | -€16 | -0.3% |
| Other financial income | 752/9 | €1,680 | €2,837 | +€1,158 | +68.9% |
| Financial charges | 65/66B | €12,954 | €8,555 | -€4,400 | -34.0% |
| Recurring financial charges | 65 | €12,954 | €8,555 | -€4,400 | -34.0% |
| Debt charges | 650 | €11,380 | €6,775 | -€4,605 | -40.5% |
| Other financial charges | 652/9 | €1,575 | €1,780 | +€205 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €138,634 | €47,748 | -€90,886 | -65.6% |
| Income taxes | 67/77 | €39,250 | €14,633 | -€24,617 | -62.7% |
| Taxes | 670/3 | €39,250 | €14,658 | -€24,593 | -62.7% |
| Tax adjustments and reversals of tax provisions | 77 | - | €25 | +€25 | |
| Profit (loss) for the period | 9904 | €99,383 | €33,114 | -€66,269 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €99,383 | €33,114 | -€66,269 | -66.7% |
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 9 October 2026 via checked.be.