Forté: 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.
Forté
Largest movements
- Tangible fixed assets +€58,874
up €58,874 (+1721.3%), from €3,420 to €62,294
of which Other tangible fixed assets: +€60,536
- Cash -€44,069
down €44,069 (-51.7%), from €85,309 to €41,240
mainly Contributions, distributions and other (-€71,845) and Investment in fixed assets (net) (-€66,742)
- Receivables within one year +€7,536
up €7,536 (+65.8%), from €11,456 to €18,992
of which Trade receivables: +€5,191
- Other debts +€46,091
up €46,091 (+5999.7%), from €768 to €46,859
- Contributions -€18,000
down €18,000 (-96.8%), from €18,600 to €600
- Reserves -€10,777
down €10,777 (-15.9%), from €67,675 to €56,898
- Tax, wage and social debts +€4,139
up €4,139 (+33.1%), from €12,503 to €16,642
- Depreciation +€5,751
up €5,751 (+271.7%), from €2,117 to €7,868
- Gross operating margin -€4,148
down €4,148 (-5.8%), from €71,796 to €67,648
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 | €100,496 | €122,785 | +€22,289 | +22.2% |
| Fixed assets | 21/28 | €3,420 | €62,294 | +€58,874 | +1721.3% |
| Tangible fixed assets | 22/27 | €3,420 | €62,294 | +€58,874 | +1721.3% |
| Plant, machinery and equipment | 23 | €2,626 | €964 | -€1,662 | -63.3% |
| Other tangible fixed assets | 26 | €795 | €61,331 | +€60,536 | +7617.4% |
| Current assets | 29/58 | €97,076 | €60,491 | -€36,585 | -37.7% |
| Amounts receivable within one year | 40/41 | €11,456 | €18,992 | +€7,536 | +65.8% |
| Trade receivables | 40 | €9,801 | €14,992 | +€5,191 | +53.0% |
| Other amounts receivable | 41 | €1,655 | €4,000 | +€2,345 | +141.7% |
| Cash at bank and in hand | 54/58 | €85,309 | €41,240 | -€44,069 | -51.7% |
| Deferred charges and accrued income | 490/1 | €310 | €258 | -€52 | -16.6% |
| Total equity and liabilities | 10/49 | €100,496 | €122,785 | +€22,289 | +22.2% |
| Equity | 10/15 | €86,275 | €57,498 | -€28,777 | -33.4% |
| Contributions | 10/11 | €18,600 | €600 | -€18,000 | -96.8% |
| Reserves | 13 | €67,675 | €56,898 | -€10,777 | -15.9% |
| Distributable reserves | 133 | €67,675 | €56,898 | -€10,777 | -15.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,221 | €65,287 | +€51,066 | +359.1% |
| Amounts payable within one year | 42/48 | €13,289 | €63,784 | +€50,495 | +380.0% |
| Trade debts | 44 | €18 | €283 | +€265 | +1510.1% |
| Suppliers | 440/4 | €18 | €283 | +€265 | +1510.1% |
| Taxes, remuneration and social security | 45 | €12,503 | €16,642 | +€4,139 | +33.1% |
| Taxes | 450/3 | €12,503 | €16,642 | +€4,139 | +33.1% |
| Other amounts payable | 47/48 | €768 | €46,859 | +€46,091 | +5999.7% |
| Accrued charges and deferred income | 492/3 | €932 | €1,503 | +€571 | +61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,117 | €7,868 | +€5,751 | +271.7% |
| Other operating charges | 640/8 | €568 | €797 | +€229 | +40.3% |
| Gross operating margin | 9900 | €71,796 | €67,648 | -€4,148 | -5.8% |
| Operating profit (loss) | 9901 | €69,111 | €58,983 | -€10,128 | -14.7% |
| Financial income | 75/76B | €323 | €309 | -€14 | -4.3% |
| Recurring financial income | 75 | €323 | €309 | -€14 | -4.3% |
| Financial charges | 65/66B | €147 | €143 | -€4 | -2.7% |
| Recurring financial charges | 65 | €147 | €143 | -€4 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €69,286 | €59,148 | -€10,138 | -14.6% |
| Income taxes | 67/77 | €15,442 | €16,081 | +€639 | +4.1% |
| Profit (loss) for the period | 9904 | €53,845 | €43,068 | -€10,777 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,845 | €43,068 | -€10,777 | -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.