Read here the annual report of Forvis Mazars in the Netherlands 2023 / 2024

We present to you the 2023 / 2024 annual report of Forvis Mazars Holding N.V. Last year, there were many developments that impacted our profession, including but not limited to the competition for talent, new standards, and rapid technological developments. These developments offer a wide range of opportunities to grow and adapt to a world that is rapidly changing. We constantly strive to further optimise our processes and so ensure innovative development of our services. Every day we are building towards the future of our organisation.

In the final period of our One24 strategy, we continued working on these themes and made adjustments where necessary:

  • Enhancing our service delivery model (Our clients)
  • Fostering a true quality and risk management culture across the firm (Our quality)
  • Care for and help develop our people (Our people)
  • Evolving towards a more purposeful, sustainable and innovative organisation (Our impact)
  • Sustaining our growth (Our sustainable growth)

Our revenues showed solid growth in 2023 / 2024. The consolidated turnover for 2023 / 2024 was € 165.3 million, an increase of over 7% compared to 2022 / 2023. Gross margin as a percentage of turnover decreased slightly due to investments in quality, people, and technology. It remains at a healthy level.

As of 1 January 2025, the Executive Board consists of Frank Walta (chairman), Anita de Casparis, Mark Lucas Luijckx, Robert Jan de Rek, Consuelo Sedney and Anouk Terstegen. Over the next four years, we are responsible for implementing our new Stellar strategy, which focuses on quality in all dimensions.

We emphasise and underscore the importance of an inclusive culture in which quality, collaboration and integrity are central. Our values guide how we cooperate with our clients, people, regulators, and other stakeholders in how we fulfil our social role. These values form the basis for the organisation's direction, where quality is in its broad sense is seen as the foundation for growth and trust.

For the 2024 / 2025 financial year, we expect organic growth consistent with our strategic objectives. While we will continue to face challenges such as the tight labour market, geopolitical uncertainties and technological developments, we will continue to invest. This includes the required investments in quality, talent management, sustainability and innovation. We do not expect any significant changes in our financing structure.

We thank our colleagues and partners who remain committed to the common good and the future of Forvis Mazars. We are well on our way and look to the future with confidence and full of energy.

Executive Board of Forvis Mazars

Document

Financieel jaarverslag van Forvis Mazars in Nederland 2023 / 2024

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