REFOREST 1: 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.
REFOREST 1
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€18,389
up €18,389 (+1.6%), from €1.1m to €1.1m
- Profit (loss) carried forward -€12,007
down €12,007 (-28.9%), from -€41,565 to -€53,572
- Gross operating margin -€100
down €100 (-2.6%), from -€3,783 to -€3,883
- Financial charges +€66
up €66 (+0.6%), from €11,498 to €11,564
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 | €1,107,184 | €1,113,309 | +€6,124 | +0.6% |
| Fixed assets | 21/28 | €75,937 | €75,937 | = | 0.0% |
| Financial fixed assets | 28 | €75,937 | €75,937 | = | 0.0% |
| Current assets | 29/58 | €1,031,248 | €1,037,372 | +€6,124 | +0.6% |
| Amounts receivable within one year | 40/41 | €1,026,744 | €1,026,744 | = | 0.0% |
| Other amounts receivable | 41 | €1,026,744 | €1,026,744 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,504 | €10,628 | +€6,124 | +136% |
| Total equity and liabilities | 10/49 | €1,107,184 | €1,113,309 | +€6,124 | +0.6% |
| Equity | 10/15 | -€29,165 | -€41,172 | -€12,007 | -41.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,565 | -€53,572 | -€12,007 | -28.9% |
| Amounts payable | 17/49 | €1,136,349 | €1,154,480 | +€18,131 | +1.6% |
| Amounts payable within one year | 42/48 | €1,136,349 | €1,154,480 | +€18,131 | +1.6% |
| Trade debts | 44 | €5,580 | €5,321 | -€258 | -4.6% |
| Suppliers | 440/4 | €5,580 | €5,321 | -€258 | -4.6% |
| Other amounts payable | 47/48 | €1,130,770 | €1,149,159 | +€18,389 | +1.6% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€3,783 | -€3,883 | -€100 | -2.6% |
| Operating profit (loss) | 9901 | -€4,750 | -€4,881 | -€131 | -2.8% |
| Financial income | 75/76B | €4,435 | €4,438 | +€3 | +0.1% |
| Recurring financial income | 75 | €4,435 | €4,438 | +€3 | +0.1% |
| Financial charges | 65/66B | €11,498 | €11,564 | +€66 | +0.6% |
| Recurring financial charges | 65 | €11,498 | €11,564 | +€66 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,812 | -€12,007 | -€194 | -1.6% |
| Profit (loss) for the period | 9904 | -€11,812 | -€12,007 | -€194 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,812 | -€12,007 | -€194 | -1.6% |
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 15 October 2026 via checked.be.