SECOFORE: what changed
What changed
SECOFORE
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€1,943
2024 · €3,135-€1,192
Equity
€294,770
2024 · €292,827+€1,943
Cash
€294,937
2024 · €293,534+€1,403
Balance sheet total
€300,000
2024 · €296,492+€3,508
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€5,503
down €5,503 (-86.7%), from €6,348 to €845
- Gross operating margin +€3,666
up €3,666, from -€136 to €3,530
- Taxes -€551
down €551 (-20.3%), from €2,710 to €2,159
- Depreciation -€92
no longer reported in 2025 (was €92)
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.
Result 2024
€3,135
Gross operating margin
+€3,666
Depreciation
+€92
Other operating charges
+€30
Financial income
-€5,503
Financial charges
-€28
Taxes
+€551
Result 2025
€1,943
raises the resultlowers the result
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.
From operations
+€1,403
Investment
€0
Financing
-€0
Cash 2024
€293,534
From operations (derived)
+€1,403
Net result for the year
+€1,943
Receivables within one year
-€2,105
Trade debts
+€13
Tax, wage and social debts
+€1,307
Other debts
+€245
Financing
-€0
Contributions, distributions and other
-€0
Cash 2025
€294,937
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €296,492 | €300,000 | +€3,508 | +1.2% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €296,492 | €300,000 | +€3,508 | +1.2% |
| Amounts receivable within one year | 40/41 | €2,958 | €5,063 | +€2,105 | +71.2% |
| Trade receivables | 40 | €2,958 | €5,063 | +€2,105 | +71.2% |
| Cash at bank and in hand | 54/58 | €293,534 | €294,937 | +€1,403 | +0.5% |
| Total equity and liabilities | 10/49 | €296,492 | €300,000 | +€3,508 | +1.2% |
| Equity | 10/15 | €292,827 | €294,770 | +€1,943 | +0.7% |
| Contributions | 10/11 | €144,600 | €144,600 | = | 0.0% |
| Reserves | 13 | €128,200 | €130,100 | +€1,900 | +1.5% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €113,200 | €115,100 | +€1,900 | +1.7% |
| Profit (loss) carried forward | 14 | €20,027 | €20,070 | +€43 | +0.2% |
| Amounts payable | 17/49 | €3,665 | €5,230 | +€1,565 | +42.7% |
| Amounts payable within one year | 42/48 | €3,665 | €5,230 | +€1,565 | +42.7% |
| Trade debts | 44 | - | €13 | +€13 | |
| Suppliers | 440/4 | - | €13 | +€13 | |
| Taxes, remuneration and social security | 45 | €2,044 | €3,351 | +€1,307 | +63.9% |
| Taxes | 450/3 | €2,044 | €3,351 | +€1,307 | +63.9% |
| Other amounts payable | 47/48 | €1,621 | €1,866 | +€245 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92 | - | -€92 | |
| Other operating charges | 640/8 | €121 | €91 | -€30 | -24.8% |
| Gross operating margin | 9900 | -€136 | €3,530 | +€3,666 | |
| Operating profit (loss) | 9901 | -€349 | €3,439 | +€3,788 | |
| Financial income | 75/76B | €6,348 | €845 | -€5,503 | -86.7% |
| Recurring financial income | 75 | €6,348 | €845 | -€5,503 | -86.7% |
| Financial charges | 65/66B | €154 | €182 | +€28 | +18.4% |
| Recurring financial charges | 65 | €154 | €182 | +€28 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €5,845 | €4,102 | -€1,743 | -29.8% |
| Income taxes | 67/77 | €2,710 | €2,159 | -€551 | -20.3% |
| Profit (loss) for the period | 9904 | €3,135 | €1,943 | -€1,192 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,135 | €1,943 | -€1,192 | -38.0% |
Next steps
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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 4 November 2026 via checked.be.