Forima: 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.
Forima
Largest movements
- Cash -€6,770
down €6,770 (-9.6%), from €70,513 to €63,743
mainly Contributions, distributions and other (-€138,505) and Receivables within one year (-€5,016)
- Receivables within one year +€5,016
up €5,016 (+34.9%), from €14,360 to €19,375
of which Trade receivables: +€4,803
- Tangible fixed assets +€895
new in 2025: €895
- Other debts +€70,359
up €70,359 (+3,673%), from €1,916 to €72,275
- Reserves -€69,831
no longer reported in 2025 (was €69,831)
- Tax, wage and social debts -€3,158
down €3,158 (-36.8%), from €8,589 to €5,431
of which Taxes: -€3,285
- Trade debts +€1,770
up €1,770 (+86.9%), from €2,037 to €3,807
- Taxes -€1,097
down €1,097 (-4.1%), from €26,715 to €25,619
- Gross operating margin -€991
down €991 (-1.0%), from €97,041 to €96,050
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 | €84,872 | €84,013 | -€859 | -1.0% |
| Fixed assets | 21/28 | - | €895 | +€895 | |
| Tangible fixed assets | 22/27 | - | €895 | +€895 | |
| Furniture and vehicles | 24 | - | €895 | +€895 | |
| Current assets | 29/58 | €84,872 | €83,118 | -€1,754 | -2.1% |
| Amounts receivable within one year | 40/41 | €14,360 | €19,375 | +€5,016 | +34.9% |
| Trade receivables | 40 | €14,360 | €19,162 | +€4,803 | +33.4% |
| Other amounts receivable | 41 | - | €213 | +€213 | |
| Cash at bank and in hand | 54/58 | €70,513 | €63,743 | -€6,770 | -9.6% |
| Total equity and liabilities | 10/49 | €84,872 | €84,013 | -€859 | -1.0% |
| Equity | 10/15 | €72,331 | €2,500 | -€69,831 | -96.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €69,831 | - | -€69,831 | |
| Distributable reserves | 133 | €69,831 | - | -€69,831 | |
| Amounts payable | 17/49 | €12,541 | €81,513 | +€68,971 | +550% |
| Amounts payable within one year | 42/48 | €12,541 | €81,513 | +€68,971 | +550% |
| Trade debts | 44 | €2,037 | €3,807 | +€1,770 | +86.9% |
| Suppliers | 440/4 | €2,037 | €3,807 | +€1,770 | +86.9% |
| Taxes, remuneration and social security | 45 | €8,589 | €5,431 | -€3,158 | -36.8% |
| Taxes | 450/3 | €8,589 | €5,304 | -€3,285 | -38.3% |
| Remuneration and social security | 454/9 | - | €127 | +€127 | |
| Other amounts payable | 47/48 | €1,916 | €72,275 | +€70,359 | +3,673% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €417 | +€417 | |
| Other operating charges | 640/8 | €487 | €400 | -€88 | -18.0% |
| Gross operating margin | 9900 | €97,041 | €96,050 | -€991 | -1.0% |
| Operating profit (loss) | 9901 | €96,554 | €95,233 | -€1,321 | -1.4% |
| Financial income | 75/76B | €204 | - | -€204 | |
| Recurring financial income | 75 | €204 | - | -€204 | |
| Financial charges | 65/66B | €212 | €941 | +€729 | +345% |
| Recurring financial charges | 65 | €212 | €941 | +€729 | +345% |
| Profit (loss) for the period before taxes | 9903 | €96,546 | €94,293 | -€2,254 | -2.3% |
| Income taxes | 67/77 | €26,715 | €25,619 | -€1,097 | -4.1% |
| Profit (loss) for the period | 9904 | €69,831 | €68,674 | -€1,157 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,831 | €68,674 | -€1,157 | -1.7% |
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 17 October 2026 via checked.be.