FORMA CONCEPT: 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 CONCEPT
Largest movements
- Tangible fixed assets -€37,498
down €37,498 (-5.2%), from €725,005 to €687,507
of which Land and buildings: -€29,465
- Receivables within one year +€9,243
up €9,243 (+17.9%), from €51,541 to €60,784
of which Trade receivables: +€9,243
- Other debts +€70,295
up €70,295 (+42.6%), from €164,986 to €235,281
- Debts after one year -€51,890
down €51,890 (-19.6%), from €265,033 to €213,142
- Current portion of long-term debt -€32,522
down €32,522 (-38.5%), from €84,412 to €51,890
- Gross operating margin +€10,889
up €10,889 (+17.6%), from €62,027 to €72,915
- Other operating charges +€2,809
up €2,809 (+95.2%), from €2,951 to €5,760
- Taxes +€2,386
up €2,386 (+55.6%), from €4,288 to €6,673
- Financial charges -€1,002
down €1,002 (-9.7%), from €10,313 to €9,311
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 | €790,292 | €766,936 | -€23,356 | -3.0% |
| Fixed assets | 21/28 | €725,243 | €687,745 | -€37,498 | -5.2% |
| Tangible fixed assets | 22/27 | €725,005 | €687,507 | -€37,498 | -5.2% |
| Land and buildings | 22 | €684,568 | €655,103 | -€29,465 | -4.3% |
| Plant, machinery and equipment | 23 | €40,143 | €32,404 | -€7,739 | -19.3% |
| Furniture and vehicles | 24 | €293 | €0 | -€293 | -100.0% |
| Financial fixed assets | 28 | €238 | €238 | = | 0.0% |
| Current assets | 29/58 | €65,049 | €79,191 | +€14,141 | +21.7% |
| Amounts receivable within one year | 40/41 | €51,541 | €60,784 | +€9,243 | +17.9% |
| Trade receivables | 40 | €8,541 | €17,784 | +€9,243 | +108.2% |
| Other amounts receivable | 41 | €43,000 | €43,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,509 | €18,407 | +€4,898 | +36.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €790,292 | €766,936 | -€23,356 | -3.0% |
| Equity | 10/15 | €252,834 | €249,258 | -€3,577 | -1.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €222,834 | €219,258 | -€3,577 | -1.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €222,834 | €219,258 | -€3,577 | -1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €537,458 | €517,678 | -€19,780 | -3.7% |
| Amounts payable after more than one year | 17 | €265,033 | €213,142 | -€51,890 | -19.6% |
| Financial debts | 170/4 | €265,033 | €213,142 | -€51,890 | -19.6% |
| Amounts payable within one year | 42/48 | €270,624 | €303,140 | +€32,516 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €84,412 | €51,890 | -€32,522 | -38.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €15,254 | €11,572 | -€3,682 | -24.1% |
| Suppliers | 440/4 | €15,254 | €11,572 | -€3,682 | -24.1% |
| Taxes, remuneration and social security | 45 | €5,972 | €4,396 | -€1,576 | -26.4% |
| Taxes | 450/3 | €5,972 | €3,621 | -€2,351 | -39.4% |
| Remuneration and social security | 454/9 | €0 | €775 | +€775 | |
| Other amounts payable | 47/48 | €164,986 | €235,281 | +€70,295 | +42.6% |
| Accrued charges and deferred income | 492/3 | €1,801 | €1,396 | -€405 | -22.5% |
| Remuneration, social security and pensions | 62 | €130 | €170 | +€40 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,726 | €38,551 | -€175 | -0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €508 | €0 | -€508 | -100.0% |
| Other operating charges | 640/8 | €2,951 | €5,760 | +€2,809 | +95.2% |
| Gross operating margin | 9900 | €62,027 | €72,915 | +€10,889 | +17.6% |
| Operating profit (loss) | 9901 | €19,711 | €28,435 | +€8,723 | +44.3% |
| Financial income | 75/76B | €3,538 | €2,924 | -€614 | -17.3% |
| Recurring financial income | 75 | €3,538 | €2,924 | -€614 | -17.3% |
| Financial charges | 65/66B | €10,313 | €9,311 | -€1,002 | -9.7% |
| Recurring financial charges | 65 | €10,313 | €9,311 | -€1,002 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €12,936 | €22,048 | +€9,112 | +70.4% |
| Income taxes | 67/77 | €4,288 | €6,673 | +€2,386 | +55.6% |
| Profit (loss) for the period | 9904 | €8,648 | €15,374 | +€6,726 | +77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,648 | €15,374 | +€6,726 | +77.8% |
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 30 September 2026 via checked.be.