FORTHOMME IMMO: 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.
FORTHOMME IMMO
Largest movements
- Tangible fixed assets -€44,790
down €44,790 (-7.1%), from €634,018 to €589,229
of which Land and buildings: -€36,782
- Cash +€9,816
up €9,816 (+576.1%), from €1,704 to €11,519
mainly Depreciation (+€54,542) and Other debts (+€2,719)
- Debts after one year -€12,470
no longer reported in 2025 (was €12,470)
- Reserves -€12,267
down €12,267 (-3.9%), from €316,354 to €304,087
of which Tax-exempt reserves: -€12,267
- Gross operating margin +€8,282
up €8,282 (+26.5%), from €31,211 to €39,492
- Depreciation -€2,916
down €2,916 (-5.1%), from €57,457 to €54,542
- Other operating charges -€487
down €487 (-5.3%), from €9,192 to €8,706
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 | €639,832 | €603,748 | -€36,084 | -5.6% |
| Fixed assets | 21/28 | €634,018 | €589,229 | -€44,790 | -7.1% |
| Tangible fixed assets | 22/27 | €634,018 | €589,229 | -€44,790 | -7.1% |
| Land and buildings | 22 | €560,513 | €523,731 | -€36,782 | -6.6% |
| Plant, machinery and equipment | 23 | €73,505 | €65,497 | -€8,008 | -10.9% |
| Current assets | 29/58 | €5,814 | €14,520 | +€8,706 | +149.8% |
| Cash at bank and in hand | 54/58 | €1,704 | €11,519 | +€9,816 | +576.1% |
| Deferred charges and accrued income | 490/1 | €4,110 | €3,000 | -€1,110 | -27.0% |
| Total equity and liabilities | 10/49 | €639,832 | €603,748 | -€36,084 | -5.6% |
| Equity | 10/15 | €394,027 | €375,722 | -€18,305 | -4.6% |
| Contributions | 10/11 | €14,254 | €14,254 | = | 0.0% |
| Reserves | 13 | €316,354 | €304,087 | -€12,267 | -3.9% |
| Tax-exempt reserves | 132 | €198,413 | €186,146 | -€12,267 | -6.2% |
| Distributable reserves | 133 | €117,942 | €117,942 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,419 | €57,380 | -€6,038 | -9.5% |
| Provisions and deferred taxes | 16 | €92,641 | €86,325 | -€6,316 | -6.8% |
| Deferred taxes | 168 | €92,641 | €86,325 | -€6,316 | -6.8% |
| Amounts payable | 17/49 | €153,164 | €141,702 | -€11,462 | -7.5% |
| Amounts payable after more than one year | 17 | €12,470 | - | -€12,470 | |
| Financial debts | 170/4 | €12,470 | - | -€12,470 | |
| Amounts payable within one year | 42/48 | €140,694 | €141,702 | +€1,008 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €13,239 | €12,470 | -€769 | -5.8% |
| Trade debts | 44 | €10,536 | €9,594 | -€942 | -8.9% |
| Suppliers | 440/4 | €10,536 | €9,594 | -€942 | -8.9% |
| Other amounts payable | 47/48 | €116,919 | €119,637 | +€2,719 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,457 | €54,542 | -€2,916 | -5.1% |
| Other operating charges | 640/8 | €9,192 | €8,706 | -€487 | -5.3% |
| Gross operating margin | 9900 | €31,211 | €39,492 | +€8,282 | +26.5% |
| Operating profit (loss) | 9901 | -€35,439 | -€23,755 | +€11,684 | +33.0% |
| Financial charges | 65/66B | €1,009 | €867 | -€142 | -14.1% |
| Recurring financial charges | 65 | €1,009 | €867 | -€142 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€36,448 | -€24,622 | +€11,826 | +32.4% |
| Transfer from deferred taxes | 780 | €6,316 | €6,316 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€30,131 | -€18,305 | +€11,826 | +39.2% |
| Transfer from tax-exempt reserves | 789 | €12,267 | €12,267 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,865 | -€6,038 | +€11,826 | +66.2% |
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 8 October 2026 via checked.be.