Forty4Impact: what changed
Two financial 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.
Forty4Impact
Largest movements
- Tangible fixed assets +€25,795
up €25,795 (+117%), from €22,036 to €47,831
of which Plant, machinery and equipment: +€28,640
- Cash +€12,786
up €12,786 (+41.4%), from €30,849 to €43,635
mainly Net result for the year (+€46,523) and Depreciation (+€10,188)
- Receivables within one year +€4,498
up €4,498 (+29.9%), from €15,036 to €19,534
of which Trade receivables: +€4,655
- Deferred charges and accrued income -€1,561
down €1,561 (-47.4%), from €3,294 to €1,733
- Reserves +€46,523
up €46,523 (+162%), from €28,683 to €75,206
- Other debts -€7,804
down €7,804 (-46.1%), from €16,943 to €9,139
- Tax, wage and social debts +€4,572
up €4,572 (+29.2%), from €15,656 to €20,228
- Trade debts -€1,211
down €1,211 (-34.5%), from €3,512 to €2,301
- Gross operating margin +€23,190
up €23,190 (+46.9%), from €49,403 to €72,593
- Depreciation +€8,365
up €8,365 (+459%), from €1,823 to €10,188
- Taxes +€4,432
up €4,432 (+55.7%), from €7,956 to €12,388
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.
Derived cash bridge
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 | €71,215 | €112,733 | +€41,518 | +58.3% |
| Fixed assets | 21/28 | €22,036 | €47,831 | +€25,795 | +117% |
| Tangible fixed assets | 22/27 | €22,036 | €47,831 | +€25,795 | +117% |
| Plant, machinery and equipment | 23 | €851 | €29,491 | +€28,640 | +3,367% |
| Furniture and vehicles | 24 | €21,185 | €18,340 | -€2,845 | -13.4% |
| Current assets | 29/58 | €49,180 | €64,903 | +€15,723 | +32.0% |
| Amounts receivable within one year | 40/41 | €15,036 | €19,534 | +€4,498 | +29.9% |
| Trade receivables | 40 | €14,700 | €19,355 | +€4,655 | +31.7% |
| Other amounts receivable | 41 | €336 | €179 | -€157 | -46.8% |
| Cash at bank and in hand | 54/58 | €30,849 | €43,635 | +€12,786 | +41.4% |
| Deferred charges and accrued income | 490/1 | €3,294 | €1,733 | -€1,561 | -47.4% |
| Total equity and liabilities | 10/49 | €71,215 | €112,733 | +€41,518 | +58.3% |
| Equity | 10/15 | €33,683 | €80,206 | +€46,523 | +138% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,683 | €75,206 | +€46,523 | +162% |
| Distributable reserves | 133 | €28,683 | €75,206 | +€46,523 | +162% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,533 | €32,527 | -€5,006 | -13.3% |
| Amounts payable within one year | 42/48 | €36,110 | €31,668 | -€4,442 | -12.3% |
| Trade debts | 44 | €3,512 | €2,301 | -€1,211 | -34.5% |
| Suppliers | 440/4 | €3,512 | €2,301 | -€1,211 | -34.5% |
| Taxes, remuneration and social security | 45 | €15,656 | €20,228 | +€4,572 | +29.2% |
| Taxes | 450/3 | €15,656 | €20,228 | +€4,572 | +29.2% |
| Other amounts payable | 47/48 | €16,943 | €9,139 | -€7,804 | -46.1% |
| Accrued charges and deferred income | 492/3 | €1,422 | €859 | -€563 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,823 | €10,188 | +€8,365 | +459% |
| Other operating charges | 640/8 | €362 | €608 | +€246 | +67.9% |
| Gross operating margin | 9900 | €49,403 | €72,593 | +€23,190 | +46.9% |
| Operating profit (loss) | 9901 | €47,218 | €61,796 | +€14,578 | +30.9% |
| Financial income | 75/76B | €20 | €29 | +€9 | +43.0% |
| Recurring financial income | 75 | €20 | €29 | +€9 | +43.0% |
| Financial charges | 65/66B | €3,062 | €2,914 | -€148 | -4.8% |
| Recurring financial charges | 65 | €3,062 | €2,914 | -€148 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €44,176 | €58,911 | +€14,735 | +33.4% |
| Income taxes | 67/77 | €7,956 | €12,388 | +€4,432 | +55.7% |
| Profit (loss) for the period | 9904 | €36,221 | €46,523 | +€10,303 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,221 | €46,523 | +€10,303 | +28.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.