LA FORET DE POPY: 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.
LA FORET DE POPY
Largest movements
- Tangible fixed assets -€30,064
down €30,064 (-26.3%), from €114,169 to €84,105
of which Furniture and vehicles: -€15,257
- Cash +€27,239
up €27,239 (+162%), from €16,813 to €44,052
mainly Depreciation (+€30,732) and Current investments (+€25,000)
- Current investments -€25,000
down €25,000 (-98.4%), from €25,404 to €404
- Debts after one year -€24,576
down €24,576 (-54.0%), from €45,510 to €20,934
- Profit (loss) carried forward -€13,281
down €13,281 (-19.2%), from €69,325 to €56,044
- Trade debts +€7,912
up €7,912 (+35.8%), from €22,122 to €30,034
- Tax, wage and social debts +€2,987
up €2,987 (+25.4%), from €11,777 to €14,764
of which Taxes: +€2,440
- Staff costs -€7,021
down €7,021 (-9.9%), from €70,616 to €63,595
- Gross operating margin -€6,427
down €6,427 (-7.0%), from €91,877 to €85,450
- Depreciation -€2,177
down €2,177 (-6.6%), from €32,909 to €30,732
- Other operating charges +€1,797
up €1,797 (+453%), from €397 to €2,194
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 | €201,589 | €173,372 | -€28,217 | -14.0% |
| Fixed assets | 21/28 | €114,349 | €84,285 | -€30,064 | -26.3% |
| Tangible fixed assets | 22/27 | €114,169 | €84,105 | -€30,064 | -26.3% |
| Plant, machinery and equipment | 23 | €5,001 | €3,213 | -€1,788 | -35.8% |
| Furniture and vehicles | 24 | €45,917 | €30,660 | -€15,257 | -33.2% |
| Other tangible fixed assets | 26 | €63,251 | €50,232 | -€13,019 | -20.6% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €87,240 | €89,087 | +€1,847 | +2.1% |
| Stocks and contracts in progress | 3 | €6,120 | €6,411 | +€291 | +4.8% |
| Stocks | 30/36 | €6,120 | €6,411 | +€291 | +4.8% |
| Amounts receivable within one year | 40/41 | €37,523 | €36,769 | -€754 | -2.0% |
| Trade receivables | 40 | €2,456 | €945 | -€1,511 | -61.5% |
| Other amounts receivable | 41 | €35,067 | €35,824 | +€757 | +2.2% |
| Current investments | 50/53 | €25,404 | €404 | -€25,000 | -98.4% |
| Cash at bank and in hand | 54/58 | €16,813 | €44,052 | +€27,239 | +162% |
| Deferred charges and accrued income | 490/1 | €1,380 | €1,451 | +€71 | +5.1% |
| Total equity and liabilities | 10/49 | €201,589 | €173,372 | -€28,217 | -14.0% |
| Equity | 10/15 | €80,185 | €66,904 | -€13,281 | -16.6% |
| Contributions | 10/11 | €10,860 | €10,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,325 | €56,044 | -€13,281 | -19.2% |
| Amounts payable | 17/49 | €121,404 | €106,468 | -€14,936 | -12.3% |
| Amounts payable after more than one year | 17 | €45,510 | €20,934 | -€24,576 | -54.0% |
| Financial debts | 170/4 | €45,510 | €20,934 | -€24,576 | -54.0% |
| Amounts payable within one year | 42/48 | €59,734 | €69,374 | +€9,640 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €23,865 | €24,576 | +€711 | +3.0% |
| Trade debts | 44 | €22,122 | €30,034 | +€7,912 | +35.8% |
| Suppliers | 440/4 | €22,122 | €30,034 | +€7,912 | +35.8% |
| Advances received on contracts in progress | 46 | €1,970 | - | -€1,970 | |
| Taxes, remuneration and social security | 45 | €11,777 | €14,764 | +€2,987 | +25.4% |
| Taxes | 450/3 | €1,144 | €3,584 | +€2,440 | +213% |
| Remuneration and social security | 454/9 | €10,633 | €11,180 | +€547 | +5.1% |
| Accrued charges and deferred income | 492/3 | €16,160 | €16,160 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €70,616 | €63,595 | -€7,021 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,909 | €30,732 | -€2,177 | -6.6% |
| Other operating charges | 640/8 | €397 | €2,194 | +€1,797 | +453% |
| Gross operating margin | 9900 | €91,877 | €85,450 | -€6,427 | -7.0% |
| Operating profit (loss) | 9901 | -€12,045 | -€11,071 | +€974 | +8.1% |
| Financial income | 75/76B | €1,091 | €687 | -€404 | -37.0% |
| Recurring financial income | 75 | €1,091 | €687 | -€404 | -37.0% |
| Financial charges | 65/66B | €3,085 | €2,479 | -€606 | -19.6% |
| Recurring financial charges | 65 | €3,085 | €2,479 | -€606 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,039 | -€12,863 | +€1,176 | +8.4% |
| Income taxes | 67/77 | €333 | €418 | +€85 | +25.5% |
| Profit (loss) for the period | 9904 | -€14,372 | -€13,281 | +€1,091 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,372 | -€13,281 | +€1,091 | +7.6% |
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 26 October 2026 via checked.be.