FORMATIS: 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.
FORMATIS
Largest movements
- Receivables within one year +€10,797
up €10,797 (+40.7%), from €26,504 to €37,301
of which Trade receivables: +€11,801
- Cash -€10,232
down €10,232 (-42.2%), from €24,242 to €14,010
mainly Receivables within one year (-€10,797) and Other debts (-€4,532)
- Tangible fixed assets -€662
no longer reported in 2025 (was €662)
- Other debts -€4,532
down €4,532 (-55.3%), from €8,192 to €3,660
- Accrued charges and deferred income +€1,800
new in 2025: €1,800
- Profit (loss) carried forward +€1,646
up €1,646 (+10.9%), from €15,153 to €16,799
- Tax, wage and social debts +€1,575
up €1,575 (+30.2%), from €5,212 to €6,787
of which Taxes: +€1,515
- Trade debts -€586
down €586 (-3.9%), from €14,997 to €14,410
- Depreciation -€1,154
down €1,154 (-63.5%), from €1,816 to €662
- Gross operating margin +€495
up €495 (+16.2%), from €3,063 to €3,558
- Financial charges +€179
up €179 (+48.5%), from €369 to €548
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 | €51,613 | €51,516 | -€97 | -0.2% |
| Fixed assets | 21/28 | €867 | €205 | -€662 | -76.4% |
| Tangible fixed assets | 22/27 | €662 | - | -€662 | |
| Furniture and vehicles | 24 | €662 | - | -€662 | |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €50,746 | €51,311 | +€565 | +1.1% |
| Amounts receivable within one year | 40/41 | €26,504 | €37,301 | +€10,797 | +40.7% |
| Trade receivables | 40 | €25,500 | €37,301 | +€11,801 | +46.3% |
| Other amounts receivable | 41 | €1,004 | - | -€1,004 | |
| Cash at bank and in hand | 54/58 | €24,242 | €14,010 | -€10,232 | -42.2% |
| Total equity and liabilities | 10/49 | €51,613 | €51,516 | -€97 | -0.2% |
| Equity | 10/15 | €23,213 | €24,859 | +€1,646 | +7.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,153 | €16,799 | +€1,646 | +10.9% |
| Amounts payable | 17/49 | €28,400 | €26,657 | -€1,743 | -6.1% |
| Amounts payable within one year | 42/48 | €28,400 | €24,857 | -€3,543 | -12.5% |
| Trade debts | 44 | €14,997 | €14,410 | -€586 | -3.9% |
| Suppliers | 440/4 | €14,997 | €14,410 | -€586 | -3.9% |
| Taxes, remuneration and social security | 45 | €5,212 | €6,787 | +€1,575 | +30.2% |
| Taxes | 450/3 | €160 | €1,675 | +€1,515 | +946.7% |
| Remuneration and social security | 454/9 | €5,052 | €5,112 | +€60 | +1.2% |
| Other amounts payable | 47/48 | €8,192 | €3,660 | -€4,532 | -55.3% |
| Accrued charges and deferred income | 492/3 | - | €1,800 | +€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,816 | €662 | -€1,154 | -63.5% |
| Other operating charges | 640/8 | €670 | €641 | -€28 | -4.2% |
| Gross operating margin | 9900 | €3,063 | €3,558 | +€495 | +16.2% |
| Operating profit (loss) | 9901 | €577 | €2,254 | +€1,677 | +290.5% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €369 | €548 | +€179 | +48.5% |
| Recurring financial charges | 65 | €369 | €548 | +€179 | +48.5% |
| Profit (loss) for the period before taxes | 9903 | €218 | €1,707 | +€1,488 | +682.0% |
| Income taxes | 67/77 | €57 | €61 | +€3 | +5.7% |
| Profit (loss) for the period | 9904 | €161 | €1,646 | +€1,485 | +923.5% |
| Profit (loss) for the period to be appropriated | 9905 | €161 | €1,646 | +€1,485 | +923.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.