FOURGON: 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.
FOURGON
Largest movements
- Cash +€147,042
up €147,042 (+48.5%), from €303,097 to €450,139
mainly Stocks and contracts (+€106,322) and Net result for the year (+€52,698)
- Stocks and contracts -€106,322
down €106,322 (-56.4%), from €188,520 to €82,198
- Tangible fixed assets -€7,489
down €7,489 (-54.1%), from €13,834 to €6,346
of which Furniture and vehicles: -€3,773
- Reserves +€52,698
up €52,698 (+13.3%), from €396,227 to €448,924
- Other debts -€15,405
down €15,405 (-100.0%), from €15,405 to €0
- Provisions -€13,947
down €13,947 (-100.0%), from €13,947 to €0
- Tax, wage and social debts +€9,760
up €9,760 (+135930.5%), from €7 to €9,767
- Gross operating margin -€35,430
down €35,430 (-32.2%), from €110,131 to €74,701
- Provisions -€27,894
down €27,894, from €13,947 to -€13,947
- Taxes -€2,799
down €2,799 (-10.1%), from €27,631 to €24,832
- Other operating charges +€1,925
up €1,925 (+123.4%), from €1,560 to €3,485
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 | €533,471 | €561,591 | +€28,121 | +5.3% |
| Fixed assets | 21/28 | €13,969 | €6,481 | -€7,489 | -53.6% |
| Tangible fixed assets | 22/27 | €13,834 | €6,346 | -€7,489 | -54.1% |
| Plant, machinery and equipment | 23 | €8,162 | €4,794 | -€3,369 | -41.3% |
| Furniture and vehicles | 24 | €4,979 | €1,205 | -€3,773 | -75.8% |
| Other tangible fixed assets | 26 | €694 | €347 | -€347 | -50.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €519,501 | €555,110 | +€35,609 | +6.9% |
| Stocks and contracts in progress | 3 | €188,520 | €82,198 | -€106,322 | -56.4% |
| Stocks | 30/36 | €188,520 | €82,198 | -€106,322 | -56.4% |
| Amounts receivable within one year | 40/41 | €27,884 | €22,773 | -€5,111 | -18.3% |
| Trade receivables | 40 | €18,603 | €16,584 | -€2,019 | -10.9% |
| Other amounts receivable | 41 | €9,280 | €6,189 | -€3,091 | -33.3% |
| Cash at bank and in hand | 54/58 | €303,097 | €450,139 | +€147,042 | +48.5% |
| Total equity and liabilities | 10/49 | €533,471 | €561,591 | +€28,121 | +5.3% |
| Equity | 10/15 | €496,227 | €548,924 | +€52,698 | +10.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €396,227 | €448,924 | +€52,698 | +13.3% |
| Distributable reserves | 133 | €396,227 | €448,924 | +€52,698 | +13.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €13,947 | €0 | -€13,947 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €13,947 | €0 | -€13,947 | -100.0% |
| Environmental obligations | 163 | €13,947 | €0 | -€13,947 | -100.0% |
| Amounts payable | 17/49 | €23,297 | €12,667 | -€10,630 | -45.6% |
| Amounts payable within one year | 42/48 | €22,289 | €12,667 | -€9,622 | -43.2% |
| Trade debts | 44 | €6,876 | €2,900 | -€3,976 | -57.8% |
| Suppliers | 440/4 | €6,876 | €2,900 | -€3,976 | -57.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7 | €9,767 | +€9,760 | +135930.5% |
| Taxes | 450/3 | €7 | €9,767 | +€9,760 | +135930.5% |
| Other amounts payable | 47/48 | €15,405 | €0 | -€15,405 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,008 | €0 | -€1,008 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,157 | €7,489 | +€331 | +4.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €13,947 | -€13,947 | -€27,894 | |
| Other operating charges | 640/8 | €1,560 | €3,485 | +€1,925 | +123.4% |
| Gross operating margin | 9900 | €110,131 | €74,701 | -€35,430 | -32.2% |
| Operating profit (loss) | 9901 | €87,467 | €77,675 | -€9,792 | -11.2% |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €1,125 | €148 | -€977 | -86.9% |
| Recurring financial charges | 65 | €1,125 | €148 | -€977 | -86.9% |
| Profit (loss) for the period before taxes | 9903 | €86,342 | €77,530 | -€8,813 | -10.2% |
| Income taxes | 67/77 | €27,631 | €24,832 | -€2,799 | -10.1% |
| Profit (loss) for the period | 9904 | €58,711 | €52,698 | -€6,014 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,711 | €52,698 | -€6,014 | -10.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.