FORMA: what changed
Two fiscal 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.
FORMA
Largest movements
- Receivables within one year +€5,645
new in 2025: €5,645
- Tangible fixed assets -€3,533
down €3,533 (-4.3%), from €82,020 to €78,487
- Profit (loss) carried forward +€8,231
up €8,231 (+51.3%), from €16,046 to €24,277
- Other debts -€6,607
down €6,607 (-47.8%), from €13,833 to €7,226
- Gross operating margin -€1,351
down €1,351 (-7.5%), from €17,962 to €16,611
- Other operating charges -€1,246
down €1,246 (-21.8%), from €5,722 to €4,477
- Depreciation +€900
up €900 (+34.2%), from €2,633 to €3,533
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.
Cash bridge derived
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 | €102,335 | €104,189 | +€1,854 | +1.8% |
| Fixed assets | 21/28 | €82,020 | €78,487 | -€3,533 | -4.3% |
| Tangible fixed assets | 22/27 | €82,020 | €78,487 | -€3,533 | -4.3% |
| Land and buildings | 22 | €82,020 | €78,487 | -€3,533 | -4.3% |
| Current assets | 29/58 | €20,315 | €25,702 | +€5,387 | +26.5% |
| Amounts receivable within one year | 40/41 | - | €5,645 | +€5,645 | |
| Other amounts receivable | 41 | - | €5,645 | +€5,645 | |
| Cash at bank and in hand | 54/58 | €19,752 | €19,902 | +€150 | +0.8% |
| Deferred charges and accrued income | 490/1 | €564 | €155 | -€408 | -72.5% |
| Total equity and liabilities | 10/49 | €102,335 | €104,189 | +€1,854 | +1.8% |
| Equity | 10/15 | €85,924 | €94,155 | +€8,231 | +9.6% |
| Contributions | 10/11 | €61,803 | €61,803 | = | 0.0% |
| Capital | 10 | €61,803 | €61,803 | = | 0.0% |
| Issued capital | 100 | €61,803 | €61,803 | = | 0.0% |
| Reserves | 13 | €8,075 | €8,075 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,180 | €6,180 | = | 0.0% |
| Legal reserve | 130 | €6,180 | €6,180 | = | 0.0% |
| Distributable reserves | 133 | €1,895 | €1,895 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,046 | €24,277 | +€8,231 | +51.3% |
| Amounts payable | 17/49 | €16,411 | €10,034 | -€6,377 | -38.9% |
| Amounts payable after more than one year | 17 | €400 | €400 | = | 0.0% |
| Other amounts payable | 178/9 | €400 | €400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,998 | €7,558 | -€6,440 | -46.0% |
| Trade debts | 44 | €165 | €332 | +€167 | +101.2% |
| Suppliers | 440/4 | €165 | €332 | +€167 | +101.2% |
| Other amounts payable | 47/48 | €13,833 | €7,226 | -€6,607 | -47.8% |
| Accrued charges and deferred income | 492/3 | €2,013 | €2,076 | +€63 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,633 | €3,533 | +€900 | +34.2% |
| Other operating charges | 640/8 | €5,722 | €4,477 | -€1,246 | -21.8% |
| Gross operating margin | 9900 | €17,962 | €16,611 | -€1,351 | -7.5% |
| Operating profit (loss) | 9901 | €9,607 | €8,602 | -€1,006 | -10.5% |
| Financial charges | 65/66B | €342 | €371 | +€29 | +8.4% |
| Recurring financial charges | 65 | €342 | €371 | +€29 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €9,265 | €8,231 | -€1,034 | -11.2% |
| Profit (loss) for the period | 9904 | €9,265 | €8,231 | -€1,034 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,265 | €8,231 | -€1,034 | -11.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.