FORTYTWO MECHANICS: what changed
FORTYTWO MECHANICS
Largest movements
- Cash -€10,217
down €10,217 (-100%), from €10,217 to €0
mainly Net result for the year (-€14,860) and Other debts (-€11,252)
- Tangible fixed assets -€8,394
down €8,394 (-14.2%), from €59,119 to €50,725
of which Leasing and similar rights: -€9,775
- Receivables within one year +€1,799
up €1,799 (+26.7%), from €6,742 to €8,541
of which Trade receivables: +€1,164
- Deferred charges and accrued income -€955
down €955 (-54.6%), from €1,748 to €793
- Short-term financial debts +€19,156
new in 2025: €19,156
- Profit (loss) carried forward -€14,860
down €14,860 (-305%), from -€4,870 to -€19,730
- Other debts -€11,252
down €11,252 (-100%), from €11,252 to €0
- Debts after one year -€9,609
down €9,609 (-19.8%), from €48,650 to €39,040
- Current portion of long-term debt -€2,934
down €2,934 (-23.4%), from €12,543 to €9,609
- Gross operating margin -€8,027
down €8,027 (-44.4%), from €18,090 to €10,063
- Depreciation +€6,664
up €6,664 (+58.4%), from €11,414 to €18,078
- Financial charges +€2,626
up €2,626 (+100%), from €2,613 to €5,240
- Other operating charges +€428
up €428 (+36.3%), from €1,177 to €1,605
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 | €81,011 | €62,963 | -€18,048 | -22.3% |
| Fixed assets | 21/28 | €60,876 | €52,201 | -€8,675 | -14.2% |
| Intangible fixed assets | 21 | €1,757 | €1,476 | -€281 | -16.0% |
| Tangible fixed assets | 22/27 | €59,119 | €50,725 | -€8,394 | -14.2% |
| Land and buildings | 22 | €4,786 | €2,599 | -€2,187 | -45.7% |
| Plant, machinery and equipment | 23 | €2,994 | €808 | -€2,187 | -73.0% |
| Furniture and vehicles | 24 | €9,301 | €15,056 | +€5,755 | +61.9% |
| Leasing and similar rights | 25 | €42,038 | €32,263 | -€9,775 | -23.3% |
| Current assets | 29/58 | €20,136 | €10,763 | -€9,373 | -46.6% |
| Stocks and contracts in progress | 3 | €1,429 | €1,429 | = | 0.0% |
| Stocks | 30/36 | €1,429 | €1,429 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,742 | €8,541 | +€1,799 | +26.7% |
| Trade receivables | 40 | €6,597 | €7,761 | +€1,164 | +17.6% |
| Other amounts receivable | 41 | €145 | €779 | +€635 | +439% |
| Cash at bank and in hand | 54/58 | €10,217 | €0 | -€10,217 | -100% |
| Deferred charges and accrued income | 490/1 | €1,748 | €793 | -€955 | -54.6% |
| Total equity and liabilities | 10/49 | €81,011 | €62,963 | -€18,048 | -22.3% |
| Equity | 10/15 | €130 | -€14,730 | -€14,860 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,870 | -€19,730 | -€14,860 | -305% |
| Amounts payable | 17/49 | €80,881 | €77,693 | -€3,188 | -3.9% |
| Amounts payable after more than one year | 17 | €48,650 | €39,040 | -€9,609 | -19.8% |
| Financial debts | 170/4 | €48,650 | €39,040 | -€9,609 | -19.8% |
| Amounts payable within one year | 42/48 | €32,232 | €38,652 | +€6,421 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €12,543 | €9,609 | -€2,934 | -23.4% |
| Financial debts | 43 | - | €19,156 | +€19,156 | |
| Credit institutions | 430/8 | - | €19,156 | +€19,156 | |
| Trade debts | 44 | €1,865 | €972 | -€893 | -47.9% |
| Suppliers | 440/4 | €1,865 | €972 | -€893 | -47.9% |
| Taxes, remuneration and social security | 45 | €6,571 | €8,915 | +€2,344 | +35.7% |
| Taxes | 450/3 | €6,571 | €8,915 | +€2,344 | +35.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,252 | €0 | -€11,252 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,414 | €18,078 | +€6,664 | +58.4% |
| Other operating charges | 640/8 | €1,177 | €1,605 | +€428 | +36.3% |
| Non-recurring operating charges | 66A | €2,798 | €0 | -€2,798 | -100% |
| Gross operating margin | 9900 | €18,090 | €10,063 | -€8,027 | -44.4% |
| Operating profit (loss) | 9901 | €2,702 | -€9,620 | -€12,322 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.7% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.7% |
| Financial charges | 65/66B | €2,613 | €5,240 | +€2,626 | +100% |
| Recurring financial charges | 65 | €2,613 | €5,240 | +€2,626 | +100% |
| Profit (loss) for the period before taxes | 9903 | €92 | -€14,860 | -€14,951 | |
| Profit (loss) for the period | 9904 | €92 | -€14,860 | -€14,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €92 | -€14,860 | -€14,951 |
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 2 November 2026 via checked.be.