FORMADIS: 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.
FORMADIS
Largest movements
- Cash -€15,282
down €15,282 (-97.5%), from €15,671 to €389
mainly Net result for the year (-€31,548) and Tax, wage and social debts (-€546)
- Receivables within one year -€12,785
down €12,785 (-96.2%), from €13,285 to €500
- Tangible fixed assets -€4,037
down €4,037 (-9.5%), from €42,462 to €38,425
- Profit (loss) carried forward -€31,548
down €31,548 (-58.1%), from €54,342 to €22,794
- Gross operating margin -€27,088
down €27,088, from €7,505 to -€19,583
- Other operating charges +€5,475
up €5,475 (+253.8%), from €2,157 to €7,632
- Depreciation +€578
up €578 (+16.7%), from €3,459 to €4,037
- Taxes -€546
down €546 (-100.0%), from €546 to €0
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 | €71,768 | €39,674 | -€32,094 | -44.7% |
| Fixed assets | 21/28 | €42,462 | €38,425 | -€4,037 | -9.5% |
| Tangible fixed assets | 22/27 | €42,462 | €38,425 | -€4,037 | -9.5% |
| Land and buildings | 22 | €42,462 | €38,425 | -€4,037 | -9.5% |
| Current assets | 29/58 | €29,306 | €1,249 | -€28,057 | -95.7% |
| Amounts receivable within one year | 40/41 | €13,285 | €500 | -€12,785 | -96.2% |
| Other amounts receivable | 41 | €13,285 | €500 | -€12,785 | -96.2% |
| Cash at bank and in hand | 54/58 | €15,671 | €389 | -€15,282 | -97.5% |
| Deferred charges and accrued income | 490/1 | €350 | €359 | +€9 | +2.7% |
| Total equity and liabilities | 10/49 | €71,768 | €39,674 | -€32,094 | -44.7% |
| Equity | 10/15 | €71,222 | €39,674 | -€31,548 | -44.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,680 | €10,680 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €8,680 | €8,680 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,342 | €22,794 | -€31,548 | -58.1% |
| Amounts payable | 17/49 | €546 | €0 | -€546 | -100.0% |
| Amounts payable within one year | 42/48 | €546 | €0 | -€546 | -100.0% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €546 | €0 | -€546 | -100.0% |
| Taxes | 450/3 | €546 | €0 | -€546 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,459 | €4,037 | +€578 | +16.7% |
| Other operating charges | 640/8 | €2,157 | €7,632 | +€5,475 | +253.8% |
| Gross operating margin | 9900 | €7,505 | -€19,583 | -€27,088 | |
| Operating profit (loss) | 9901 | €1,889 | -€31,252 | -€33,141 | |
| Financial charges | 65/66B | €253 | €297 | +€43 | +17.2% |
| Recurring financial charges | 65 | €253 | €297 | +€43 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €1,636 | -€31,548 | -€33,184 | |
| Income taxes | 67/77 | €546 | €0 | -€546 | -100.0% |
| Profit (loss) for the period | 9904 | €1,090 | -€31,548 | -€32,639 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,090 | -€31,548 | -€32,639 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.