Forthomme Management: what changed
Forthomme Management
Largest movements
- Cash +€60,199
up €60,199 (+1,102%), from €5,463 to €65,663
mainly Current investments (+€55,000) and Net result for the year (+€54,925)
- Current investments -€55,000
down €55,000 (-100%), from €55,000 to €0
- Deferred charges and accrued income +€21,261
up €21,261 (+1,247%), from €1,705 to €22,966
- Receivables within one year -€18,740
down €18,740 (-100%), from €18,740 to €0
of which Trade receivables: -€18,348
- Tangible fixed assets +€1,350
up €1,350 (+22.9%), from €5,897 to €7,247
- Other debts +€19,515
up €19,515 (+41.8%), from €46,682 to €66,197
- Reserves -€10,061
down €10,061 (-18.0%), from €56,017 to €45,956
- Trade debts -€1,360
down €1,360 (-48.4%), from €2,812 to €1,452
- Gross operating margin +€50,067
up €50,067 (+224%), from €22,359 to €72,426
- Financial income -€24,240
down €24,240 (-80.8%), from €30,000 to €5,760
- Taxes +€13,024
up €13,024 (+283%), from €4,608 to €17,632
- Financial charges +€1,546
up €1,546 (+766%), from €202 to €1,747
- Depreciation +€1,281
up €1,281 (+111%), from €1,158 to €2,440
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,555 | €124,626 | +€9,071 | +7.8% |
| Fixed assets | 21/28 | €34,647 | €35,997 | +€1,350 | +3.9% |
| Tangible fixed assets | 22/27 | €5,897 | €7,247 | +€1,350 | +22.9% |
| Furniture and vehicles | 24 | €5,897 | €7,247 | +€1,350 | +22.9% |
| Financial fixed assets | 28 | €28,750 | €28,750 | = | 0.0% |
| Current assets | 29/58 | €80,908 | €88,628 | +€7,721 | +9.5% |
| Amounts receivable within one year | 40/41 | €18,740 | €0 | -€18,740 | -100% |
| Trade receivables | 40 | €18,348 | €0 | -€18,348 | -100% |
| Other amounts receivable | 41 | €392 | €0 | -€392 | -100% |
| Current investments | 50/53 | €55,000 | €0 | -€55,000 | -100% |
| Cash at bank and in hand | 54/58 | €5,463 | €65,663 | +€60,199 | +1,102% |
| Deferred charges and accrued income | 490/1 | €1,705 | €22,966 | +€21,261 | +1,247% |
| Total equity and liabilities | 10/49 | €115,555 | €124,626 | +€9,071 | +7.8% |
| Equity | 10/15 | €61,017 | €50,956 | -€10,061 | -16.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €56,017 | €45,956 | -€10,061 | -18.0% |
| Distributable reserves | 133 | €56,017 | €45,956 | -€10,061 | -18.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,538 | €73,670 | +€19,132 | +35.1% |
| Amounts payable within one year | 42/48 | €54,538 | €73,670 | +€19,132 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,812 | €1,452 | -€1,360 | -48.4% |
| Suppliers | 440/4 | €2,812 | €1,452 | -€1,360 | -48.4% |
| Taxes, remuneration and social security | 45 | €5,043 | €6,020 | +€977 | +19.4% |
| Taxes | 450/3 | €5,043 | €6,020 | +€977 | +19.4% |
| Other amounts payable | 47/48 | €46,682 | €66,197 | +€19,515 | +41.8% |
| Non-recurring operating income | 76A | - | €6,743 | +€6,743 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,158 | €2,440 | +€1,281 | +111% |
| Other operating charges | 640/8 | €1,217 | €1,442 | +€224 | +18.4% |
| Gross operating margin | 9900 | €22,359 | €72,426 | +€50,067 | +224% |
| Operating profit (loss) | 9901 | €19,984 | €68,544 | +€48,561 | +243% |
| Financial income | 75/76B | €30,000 | €5,760 | -€24,240 | -80.8% |
| Recurring financial income | 75 | €30,000 | €5,760 | -€24,240 | -80.8% |
| Financial charges | 65/66B | €202 | €1,747 | +€1,546 | +766% |
| Recurring financial charges | 65 | €202 | €1,747 | +€1,546 | +766% |
| Profit (loss) for the period before taxes | 9903 | €49,782 | €72,557 | +€22,775 | +45.7% |
| Income taxes | 67/77 | €4,608 | €17,632 | +€13,024 | +283% |
| Profit (loss) for the period | 9904 | €45,174 | €54,925 | +€9,751 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,174 | €54,925 | +€9,751 | +21.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.