FORMIDELL: 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.
FORMIDELL
Largest movements
- Tangible fixed assets +€2,267
up €2,267 (+184.9%), from €1,226 to €3,493
of which Furniture and vehicles: +€2,477
- Receivables within one year -€470
down €470 (-30.9%), from €1,518 to €1,048
of which Other amounts receivable: -€470
- Cash -€59
no longer reported in 2025 (was €59)
mainly Net result for the year (-€15,694) and Trade debts (-€4,521)
- Other debts +€20,919
up €20,919 (+6.7%), from €310,228 to €331,146
- Profit (loss) carried forward -€15,694
down €15,694 (-4.1%), from -€378,620 to -€394,314
- Trade debts -€4,521
down €4,521 (-73.9%), from €6,117 to €1,596
- Short-term financial debts +€1,035
new in 2025: €1,035
- Gross operating margin +€1,116
up €1,116 (+8.6%), from -€13,050 to -€11,933
- Financial charges +€617
up €617 (+227.1%), from €272 to €889
- Depreciation +€405
up €405 (+59.8%), from €677 to €1,083
- Other operating charges +€143
up €143 (+11.9%), from €1,197 to €1,340
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 | €2,803 | €4,541 | +€1,738 | +62.0% |
| Fixed assets | 21/28 | €1,226 | €3,493 | +€2,267 | +184.9% |
| Tangible fixed assets | 22/27 | €1,226 | €3,493 | +€2,267 | +184.9% |
| Plant, machinery and equipment | 23 | €763 | €554 | -€210 | -27.5% |
| Furniture and vehicles | 24 | €463 | €2,940 | +€2,477 | +535.4% |
| Current assets | 29/58 | €1,577 | €1,048 | -€529 | -33.5% |
| Amounts receivable within one year | 40/41 | €1,518 | €1,048 | -€470 | -30.9% |
| Trade receivables | 40 | €485 | €485 | = | 0.0% |
| Other amounts receivable | 41 | €1,033 | €563 | -€470 | -45.5% |
| Cash at bank and in hand | 54/58 | €59 | - | -€59 | |
| Total equity and liabilities | 10/49 | €2,803 | €4,541 | +€1,738 | +62.0% |
| Equity | 10/15 | -€314,451 | -€330,145 | -€15,694 | -5.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €45,577 | €45,577 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €43,718 | €43,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€378,620 | -€394,314 | -€15,694 | -4.1% |
| Amounts payable | 17/49 | €317,254 | €334,686 | +€17,432 | +5.5% |
| Amounts payable within one year | 42/48 | €317,254 | €334,686 | +€17,432 | +5.5% |
| Financial debts | 43 | - | €1,035 | +€1,035 | |
| Credit institutions | 430/8 | - | €1,035 | +€1,035 | |
| Trade debts | 44 | €6,117 | €1,596 | -€4,521 | -73.9% |
| Suppliers | 440/4 | €6,117 | €1,596 | -€4,521 | -73.9% |
| Taxes, remuneration and social security | 45 | €909 | €909 | = | 0.0% |
| Taxes | 450/3 | €909 | €909 | = | 0.0% |
| Other amounts payable | 47/48 | €310,228 | €331,146 | +€20,919 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €677 | €1,083 | +€405 | +59.8% |
| Other operating charges | 640/8 | €1,197 | €1,340 | +€143 | +11.9% |
| Gross operating margin | 9900 | -€13,050 | -€11,933 | +€1,116 | +8.6% |
| Operating profit (loss) | 9901 | -€14,924 | -€14,356 | +€568 | +3.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €272 | €889 | +€617 | +227.1% |
| Recurring financial charges | 65 | €272 | €889 | +€617 | +227.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,195 | -€15,244 | -€49 | -0.3% |
| Income taxes | 67/77 | €459 | €450 | -€9 | -2.1% |
| Profit (loss) for the period | 9904 | -€15,654 | -€15,694 | -€40 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,654 | -€15,694 | -€40 | -0.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.