FORMA GROUP: 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 GROUP
Largest movements
- Financial fixed assets +€868,000
new in 2024: €868,000
- Cash +€120,475
up €120,475 (+645288.3%), from €19 to €120,494
mainly Debts after one year (+€887,722) and Net result for the year (+€68,938)
- Debts after one year +€887,722
new in 2024: €887,722
- Profit (loss) carried forward +€79,980
up €79,980, from -€22,314 to €57,666
- Tax, wage and social debts +€25,150
new in 2024: €25,150
- Turnover +€119,480
new in 2024: €119,480
- Gross operating margin +€114,087
up €114,087, from -€1,422 to €112,665
- Taxes +€25,095
new in 2024: €25,095
- Financial charges +€17,162
up €17,162 (+1167.4%), from €1,470 to €18,632
- Purchases and services +€6,815
new in 2024: €6,815
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304 | €988,494 | +€988,190 | +325051.8% |
| Fixed assets | 21/28 | - | €868,000 | +€868,000 | |
| Financial fixed assets | 28 | - | €868,000 | +€868,000 | |
| Current assets | 29/58 | €304 | €120,494 | +€120,190 | +39534.9% |
| Amounts receivable within one year | 40/41 | €285 | - | -€285 | |
| Other amounts receivable | 41 | €285 | - | -€285 | |
| Cash at bank and in hand | 54/58 | €19 | €120,494 | +€120,475 | +645288.3% |
| Total equity and liabilities | 10/49 | €304 | €988,494 | +€988,190 | +325051.8% |
| Equity | 10/15 | -€10,999 | €68,981 | +€79,980 | |
| Contributions | 10/11 | €9,455 | €11,315 | +€1,860 | +19.7% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€22,314 | €57,666 | +€79,980 | |
| Amounts payable | 17/49 | €11,303 | €919,513 | +€908,210 | +8035.2% |
| Amounts payable after more than one year | 17 | - | €887,722 | +€887,722 | |
| Other amounts payable | 178/9 | - | €887,722 | +€887,722 | |
| Amounts payable within one year | 42/48 | €11,303 | €31,791 | +€20,488 | +181.3% |
| Trade debts | 44 | €2,253 | €6,641 | +€4,388 | +194.8% |
| Suppliers | 440/4 | €2,253 | €6,641 | +€4,388 | +194.8% |
| Taxes, remuneration and social security | 45 | - | €25,150 | +€25,150 | |
| Taxes | 450/3 | - | €25,150 | +€25,150 | |
| Other amounts payable | 47/48 | €9,050 | - | -€9,050 | |
| Turnover | 70 | - | €119,480 | +€119,480 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €6,815 | +€6,815 | |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€1,422 | €112,665 | +€114,087 | |
| Operating profit (loss) | 9901 | -€1,807 | €112,665 | +€114,472 | |
| Financial charges | 65/66B | €1,470 | €18,632 | +€17,162 | +1167.4% |
| Recurring financial charges | 65 | €1,470 | €18,632 | +€17,162 | +1167.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,277 | €94,033 | +€97,310 | |
| Income taxes | 67/77 | - | €25,095 | +€25,095 | |
| Profit (loss) for the period | 9904 | -€3,277 | €68,938 | +€72,215 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,277 | €68,938 | +€72,215 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.