FORMANA: 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.
FORMANA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year +€3,374
up €3,374 (+69.5%), from €4,857 to €8,231
- Trade debts -€1,819
no longer reported in 2024 (was €1,819)
- Profit (loss) carried forward -€1,555
down €1,555 (-0.7%), from -€213,305 to -€214,860
- Gross operating margin -€348
down €348 (-32.2%), from -€1,082 to -€1,430
- Other operating charges +€125
new in 2024: €125
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.
Derived cash bridge
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 | €55,697 | €55,697 | = | 0.0% |
| Current assets | 29/58 | €55,697 | €55,697 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,673 | €55,673 | = | 0.0% |
| Trade receivables | 40 | €14,654 | €14,654 | = | 0.0% |
| Other amounts receivable | 41 | €41,019 | €41,019 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24 | €24 | = | 0.0% |
| Total equity and liabilities | 10/49 | €55,697 | €55,697 | = | 0.0% |
| Equity | 10/15 | -€33,192 | -€34,747 | -€1,555 | -4.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €161,521 | €161,521 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €159,662 | €159,662 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,305 | -€214,860 | -€1,555 | -0.7% |
| Provisions and deferred taxes | 16 | €82,213 | €82,213 | = | 0.0% |
| Deferred taxes | 168 | €82,213 | €82,213 | = | 0.0% |
| Amounts payable | 17/49 | €6,676 | €8,231 | +€1,555 | +23.3% |
| Amounts payable after more than one year | 17 | €4,857 | €8,231 | +€3,374 | +69.5% |
| Other amounts payable | 178/9 | €4,857 | €8,231 | +€3,374 | +69.5% |
| Amounts payable within one year | 42/48 | €1,819 | - | -€1,819 | |
| Trade debts | 44 | €1,819 | - | -€1,819 | |
| Suppliers | 440/4 | €1,819 | - | -€1,819 | |
| Other operating charges | 640/8 | - | €125 | +€125 | |
| Gross operating margin | 9900 | -€1,082 | -€1,430 | -€348 | -32.2% |
| Operating profit (loss) | 9901 | -€1,082 | -€1,555 | -€473 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,082 | -€1,555 | -€473 | -43.7% |
| Profit (loss) for the period | 9904 | -€1,082 | -€1,555 | -€473 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,082 | -€1,555 | -€473 | -43.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.