FORMATECH NEW TECHNOLOGIES: 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.
FORMATECH NEW TECHNOLOGIES
Largest movements
- Current investments -€500,000
down €500,000 (-50.0%), from €999,960 to €499,960
- Cash +€254,926
up €254,926 (+51.6%), from €493,636 to €748,562
mainly Current investments (+€500,000) and Trade debts (+€108,228)
- Profit (loss) carried forward -€352,549
down €352,549 (-45.7%), from €771,974 to €419,425
- Trade debts +€108,228
up €108,228 (+36.9%), from €292,975 to €401,203
of which Suppliers: +€108,228
- Tax, wage and social debts -€19,449
down €19,449 (-9.5%), from €205,681 to €186,232
of which Remuneration and social security: -€21,794
- Gross operating margin -€348,308
down €348,308 (-25.6%), from €1.4m to €1.0m
- Purchases and services +€292,921
up €292,921 (+12.1%), from €2.4m to €2.7m
- Turnover -€55,313
down €55,313 (-1.5%), from €3.7m to €3.7m
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 | €1,771,073 | €1,507,303 | -€263,770 | -14.9% |
| Fixed assets | 21/28 | €9,045 | €100 | -€8,945 | -98.9% |
| Tangible fixed assets | 22/27 | €8,945 | €0 | -€8,945 | -100.0% |
| Furniture and vehicles | 24 | €8,945 | €0 | -€8,945 | -100.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €1,762,027 | €1,507,203 | -€254,824 | -14.5% |
| Amounts receivable within one year | 40/41 | €267,137 | €256,991 | -€10,146 | -3.8% |
| Trade receivables | 40 | €213,116 | €215,476 | +€2,360 | +1.1% |
| Other amounts receivable | 41 | €54,021 | €41,515 | -€12,506 | -23.2% |
| Current investments | 50/53 | €999,960 | €499,960 | -€500,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €493,636 | €748,562 | +€254,926 | +51.6% |
| Deferred charges and accrued income | 490/1 | €1,295 | €1,690 | +€395 | +30.5% |
| Total equity and liabilities | 10/49 | €1,771,073 | €1,507,303 | -€263,770 | -14.9% |
| Equity | 10/15 | €1,272,417 | €919,868 | -€352,549 | -27.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €438,470 | €438,470 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €432,273 | €432,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €771,974 | €419,425 | -€352,549 | -45.7% |
| Amounts payable | 17/49 | €498,656 | €587,435 | +€88,779 | +17.8% |
| Amounts payable within one year | 42/48 | €498,656 | €587,435 | +€88,779 | +17.8% |
| Trade debts | 44 | €292,975 | €401,203 | +€108,228 | +36.9% |
| Suppliers | 440/4 | €292,975 | €401,203 | +€108,228 | +36.9% |
| Bills of exchange payable | 441 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €205,681 | €186,232 | -€19,449 | -9.5% |
| Taxes | 450/3 | €40,639 | €42,984 | +€2,345 | +5.8% |
| Remuneration and social security | 454/9 | €165,041 | €143,247 | -€21,794 | -13.2% |
| Turnover | 70 | €3,743,545 | €3,688,232 | -€55,313 | -1.5% |
| Non-recurring operating income | 76A | €5 | €676 | +€671 | +13451.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,423,701 | €2,716,622 | +€292,921 | +12.1% |
| Remuneration, social security and pensions | 62 | €1,351,406 | €1,345,177 | -€6,229 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,007 | €8,945 | -€61 | -0.7% |
| Other operating charges | 640/8 | €1,150 | €255 | -€895 | -77.8% |
| Non-recurring operating charges | 66A | €13,479 | €1,477 | -€12,002 | -89.0% |
| Gross operating margin | 9900 | €1,361,707 | €1,013,399 | -€348,308 | -25.6% |
| Operating profit (loss) | 9901 | -€13,335 | -€342,456 | -€329,121 | -2468.2% |
| Financial income | 75/76B | €18,114 | €10,143 | -€7,971 | -44.0% |
| Recurring financial income | 75 | €18,114 | €10,143 | -€7,971 | -44.0% |
| Financial charges | 65/66B | -€20,663 | €15,880 | +€36,543 | |
| Recurring financial charges | 65 | -€20,663 | €15,880 | +€36,543 | |
| Profit (loss) for the period before taxes | 9903 | €25,442 | -€348,193 | -€373,635 | |
| Income taxes | 67/77 | €20,386 | €4,356 | -€16,029 | -78.6% |
| Profit (loss) for the period | 9904 | €5,057 | -€352,549 | -€357,605 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,057 | -€352,549 | -€357,605 |
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 4 October 2026 via checked.be.