FORSIX: 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.
FORSIX
Largest movements
- Current investments -€24,591
down €24,591 (-44.6%), from €55,146 to €30,554
- Cash +€3,086
up €3,086 (+32.5%), from €9,481 to €12,568
mainly Net result for the year (+€37,126) and Current investments (+€24,591)
- Receivables within one year -€2,599
down €2,599 (-18.4%), from €14,118 to €11,519
- Tax, wage and social debts -€19,584
down €19,584 (-89.8%), from €21,816 to €2,232
of which Taxes: -€21,086
- Trade debts -€8,630
down €8,630 (-86.8%), from €9,946 to €1,316
- Profit (loss) carried forward +€4,626
up €4,626 (+111.3%), from €4,157 to €8,784
- Accrued charges and deferred income -€2,450
down €2,450 (-31.8%), from €7,700 to €5,250
- Other debts +€892
up €892 (+2.7%), from €33,127 to €34,020
- Gross operating margin -€23,276
down €23,276 (-35.7%), from €65,242 to €41,966
- Taxes -€10,721
down €10,721 (-81.7%), from €13,123 to €2,402
- Staff costs -€2,909
down €2,909 (-73.1%), from €3,980 to €1,071
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 | €82,746 | €57,601 | -€25,145 | -30.4% |
| Fixed assets | 21/28 | €1,060 | €371 | -€688 | -65.0% |
| Tangible fixed assets | 22/27 | €973 | €284 | -€688 | -70.8% |
| Furniture and vehicles | 24 | €973 | €284 | -€688 | -70.8% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €81,686 | €57,230 | -€24,457 | -29.9% |
| Amounts receivable within one year | 40/41 | €14,118 | €11,519 | -€2,599 | -18.4% |
| Trade receivables | 40 | €14,118 | €11,519 | -€2,599 | -18.4% |
| Current investments | 50/53 | €55,146 | €30,554 | -€24,591 | -44.6% |
| Cash at bank and in hand | 54/58 | €9,481 | €12,568 | +€3,086 | +32.5% |
| Deferred charges and accrued income | 490/1 | €2,941 | €2,589 | -€353 | -12.0% |
| Total equity and liabilities | 10/49 | €82,746 | €57,601 | -€25,145 | -30.4% |
| Equity | 10/15 | €10,157 | €14,784 | +€4,626 | +45.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,157 | €8,784 | +€4,626 | +111.3% |
| Amounts payable | 17/49 | €72,589 | €42,817 | -€29,771 | -41.0% |
| Amounts payable within one year | 42/48 | €64,889 | €37,567 | -€27,321 | -42.1% |
| Trade debts | 44 | €9,946 | €1,316 | -€8,630 | -86.8% |
| Suppliers | 440/4 | €9,946 | €1,316 | -€8,630 | -86.8% |
| Taxes, remuneration and social security | 45 | €21,816 | €2,232 | -€19,584 | -89.8% |
| Taxes | 450/3 | €21,517 | €431 | -€21,086 | -98.0% |
| Remuneration and social security | 454/9 | €299 | €1,802 | +€1,502 | +502.2% |
| Other amounts payable | 47/48 | €33,127 | €34,020 | +€892 | +2.7% |
| Accrued charges and deferred income | 492/3 | €7,700 | €5,250 | -€2,450 | -31.8% |
| Remuneration, social security and pensions | 62 | €3,980 | €1,071 | -€2,909 | -73.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €688 | €688 | = | 0.0% |
| Other operating charges | 640/8 | €1,356 | €1,176 | -€181 | -13.3% |
| Gross operating margin | 9900 | €65,242 | €41,966 | -€23,276 | -35.7% |
| Operating profit (loss) | 9901 | €59,217 | €39,031 | -€20,186 | -34.1% |
| Financial income | 75/76B | €411 | €583 | +€172 | +41.8% |
| Recurring financial income | 75 | €411 | €583 | +€172 | +41.8% |
| Financial charges | 65/66B | €83 | €86 | +€3 | +3.5% |
| Recurring financial charges | 65 | €83 | €86 | +€3 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €59,545 | €39,528 | -€20,017 | -33.6% |
| Income taxes | 67/77 | €13,123 | €2,402 | -€10,721 | -81.7% |
| Profit (loss) for the period | 9904 | €46,422 | €37,126 | -€9,296 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,422 | €37,126 | -€9,296 | -20.0% |
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.