FORMALYS: 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.
FORMALYS
Largest movements
- Tangible fixed assets -€10,217
down €10,217 (-3.1%), from €332,038 to €321,821
of which Land and buildings: -€9,284
- Receivables within one year -€4,404
down €4,404 (-69.9%), from €6,303 to €1,899
of which Trade receivables: -€3,217
- Debts after one year -€12,571
down €12,571 (-4.0%), from €310,511 to €297,940
- Profit (loss) carried forward -€6,038
down €6,038 (-21.8%), from -€27,720 to -€33,758
- Tax, wage and social debts +€3,867
up €3,867 (+394.9%), from €979 to €4,847
- Gross operating margin +€14,693
up €14,693 (+159.5%), from €9,209 to €23,902
- Depreciation -€5,429
down €5,429 (-33.8%), from €16,041 to €10,613
- Financial charges -€1,481
down €1,481 (-9.5%), from €15,653 to €14,172
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 | €345,526 | €331,550 | -€13,976 | -4.0% |
| Fixed assets | 21/28 | €332,605 | €321,993 | -€10,613 | -3.2% |
| Intangible fixed assets | 21 | €568 | €171 | -€396 | -69.8% |
| Tangible fixed assets | 22/27 | €332,038 | €321,821 | -€10,217 | -3.1% |
| Land and buildings | 22 | €327,804 | €318,521 | -€9,284 | -2.8% |
| Plant, machinery and equipment | 23 | €4,234 | €3,301 | -€933 | -22.0% |
| Current assets | 29/58 | €12,921 | €9,557 | -€3,364 | -26.0% |
| Amounts receivable within one year | 40/41 | €6,303 | €1,899 | -€4,404 | -69.9% |
| Trade receivables | 40 | €5,083 | €1,866 | -€3,217 | -63.3% |
| Other amounts receivable | 41 | €1,220 | €33 | -€1,187 | -97.3% |
| Cash at bank and in hand | 54/58 | €6,494 | €7,530 | +€1,036 | +16.0% |
| Deferred charges and accrued income | 490/1 | €124 | €128 | +€4 | +3.5% |
| Total equity and liabilities | 10/49 | €345,526 | €331,550 | -€13,976 | -4.0% |
| Equity | 10/15 | €12,280 | €6,242 | -€6,038 | -49.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,720 | -€33,758 | -€6,038 | -21.8% |
| Amounts payable | 17/49 | €333,246 | €325,308 | -€7,938 | -2.4% |
| Amounts payable after more than one year | 17 | €310,511 | €297,940 | -€12,571 | -4.0% |
| Financial debts | 170/4 | €310,511 | €297,940 | -€12,571 | -4.0% |
| Amounts payable within one year | 42/48 | €21,270 | €27,368 | +€6,097 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €15,319 | €18,363 | +€3,045 | +19.9% |
| Trade debts | 44 | €2,473 | €3,158 | +€685 | +27.7% |
| Suppliers | 440/4 | €2,473 | €3,158 | +€685 | +27.7% |
| Taxes, remuneration and social security | 45 | €979 | €4,847 | +€3,867 | +394.9% |
| Taxes | 450/3 | €979 | €4,847 | +€3,867 | +394.9% |
| Other amounts payable | 47/48 | €2,500 | €1,000 | -€1,500 | -60.0% |
| Accrued charges and deferred income | 492/3 | €1,464 | - | -€1,464 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,041 | €10,613 | -€5,429 | -33.8% |
| Other operating charges | 640/8 | €5,235 | €5,156 | -€79 | -1.5% |
| Gross operating margin | 9900 | €9,209 | €23,902 | +€14,693 | +159.5% |
| Operating profit (loss) | 9901 | -€12,067 | €8,134 | +€20,200 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €15,653 | €14,172 | -€1,481 | -9.5% |
| Recurring financial charges | 65 | €15,653 | €14,172 | -€1,481 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,720 | -€6,038 | +€21,681 | +78.2% |
| Profit (loss) for the period | 9904 | -€27,720 | -€6,038 | +€21,681 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,720 | -€6,038 | +€21,681 | +78.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.