FORTE CONSULT: 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.
FORTE CONSULT
Largest movements
- Tangible fixed assets -€22,101
down €22,101 (-6.0%), from €366,944 to €344,843
- Receivables within one year -€8,520
down €8,520 (-34.9%), from €24,395 to €15,875
of which Trade receivables: -€8,790
- Other debts -€34,150
down €34,150 (-51.7%), from €66,025 to €31,875
- Reserves +€10,955
up €10,955 (+50.5%), from €21,690 to €32,645
of which Distributable reserves: +€10,955
- Debts after one year -€10,000
down €10,000 (-4.4%), from €228,660 to €218,660
of which Financial debts: -€10,000
- Short-term financial debts +€4,000
new in 2025: €4,000
- Gross operating margin +€18,451
up €18,451 (+60.9%), from €30,309 to €48,760
- Write-downs +€9,090
new in 2025: €9,090
- Taxes +€1,966
up €1,966 (+107.5%), from €1,828 to €3,793
- Other operating charges +€1,571
up €1,571 (+154.2%), from €1,019 to €2,590
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 | €396,415 | €364,362 | -€32,053 | -8.1% |
| Fixed assets | 21/28 | €366,944 | €344,843 | -€22,101 | -6.0% |
| Tangible fixed assets | 22/27 | €366,944 | €344,843 | -€22,101 | -6.0% |
| Land and buildings | 22 | €366,944 | €344,843 | -€22,101 | -6.0% |
| Current assets | 29/58 | €29,471 | €19,519 | -€9,952 | -33.8% |
| Amounts receivable within one year | 40/41 | €24,395 | €15,875 | -€8,520 | -34.9% |
| Trade receivables | 40 | €24,395 | €15,605 | -€8,790 | -36.0% |
| Other amounts receivable | 41 | - | €270 | +€270 | |
| Cash at bank and in hand | 54/58 | €3,879 | €3,645 | -€235 | -6.1% |
| Deferred charges and accrued income | 490/1 | €1,196 | €0 | -€1,196 | -100.0% |
| Total equity and liabilities | 10/49 | €396,415 | €364,362 | -€32,053 | -8.1% |
| Equity | 10/15 | €40,240 | €51,195 | +€10,955 | +27.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €21,690 | €32,645 | +€10,955 | +50.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €21,690 | €32,645 | +€10,955 | +50.5% |
| Provisions and deferred taxes | 16 | €47,452 | €47,452 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €47,452 | €47,452 | = | 0.0% |
| Pensions and similar obligations | 160 | €47,452 | €47,452 | = | 0.0% |
| Amounts payable | 17/49 | €308,723 | €265,715 | -€43,008 | -13.9% |
| Amounts payable after more than one year | 17 | €228,660 | €218,660 | -€10,000 | -4.4% |
| Financial debts | 170/4 | €11,666 | €1,666 | -€10,000 | -85.7% |
| Other amounts payable | 178/9 | €216,994 | €216,994 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,062 | €47,055 | -€33,008 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 43 | - | €4,000 | +€4,000 | |
| Credit institutions | 430/8 | - | €4,000 | +€4,000 | |
| Trade debts | 44 | €1,545 | €363 | -€1,182 | -76.5% |
| Suppliers | 440/4 | €1,545 | €363 | -€1,182 | -76.5% |
| Taxes, remuneration and social security | 45 | €2,492 | €817 | -€1,675 | -67.2% |
| Taxes | 450/3 | €2,492 | €817 | -€1,675 | -67.2% |
| Other amounts payable | 47/48 | €66,025 | €31,875 | -€34,150 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,101 | €22,101 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,090 | +€9,090 | |
| Other operating charges | 640/8 | €1,019 | €2,590 | +€1,571 | +154.2% |
| Gross operating margin | 9900 | €30,309 | €48,760 | +€18,451 | +60.9% |
| Operating profit (loss) | 9901 | €7,189 | €14,979 | +€7,790 | +108.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €340 | €231 | -€109 | -32.2% |
| Recurring financial charges | 65 | €340 | €231 | -€109 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €6,848 | €14,748 | +€7,899 | +115.3% |
| Income taxes | 67/77 | €1,828 | €3,793 | +€1,966 | +107.5% |
| Profit (loss) for the period | 9904 | €5,021 | €10,955 | +€5,934 | +118.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,021 | €10,955 | +€5,934 | +118.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.