FORMIKO: 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.
FORMIKO
Largest movements
- Tangible fixed assets +€773
up €773 (+149%), from €518 to €1,291
- Receivables within one year -€384
down €384 (-5.2%), from €7,320 to €6,936
of which Other amounts receivable: -€245
- Tax, wage and social debts +€577
up €577 (+722%), from €80 to €657
- Trade debts -€384
down €384 (-66.4%), from €578 to €194
- Profit (loss) carried forward +€262
up €262 (+6.4%), from -€4,069 to -€3,807
- Gross operating margin -€646
down €646 (-32.9%), from €1,960 to €1,315
- Depreciation -€126
down €126 (-18.3%), from €691 to €565
- Other operating charges +€74
up €74 (+19.2%), from €387 to €462
- Financial income +€30
up €30 (+101%), from €30 to €60
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.
Derived cash bridge
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 | €18,989 | €19,444 | +€455 | +2.4% |
| Fixed assets | 21/28 | €518 | €1,291 | +€773 | +149% |
| Tangible fixed assets | 22/27 | €518 | €1,291 | +€773 | +149% |
| Furniture and vehicles | 24 | €518 | €1,291 | +€773 | +149% |
| Current assets | 29/58 | €18,471 | €18,153 | -€318 | -1.7% |
| Amounts receivable within one year | 40/41 | €7,320 | €6,936 | -€384 | -5.2% |
| Trade receivables | 40 | €6,242 | €6,103 | -€139 | -2.2% |
| Other amounts receivable | 41 | €1,078 | €833 | -€245 | -22.7% |
| Cash at bank and in hand | 54/58 | €11,104 | €11,217 | +€113 | +1.0% |
| Deferred charges and accrued income | 490/1 | €47 | €0 | -€47 | -100% |
| Total equity and liabilities | 10/49 | €18,989 | €19,444 | +€455 | +2.4% |
| Equity | 10/15 | €18,331 | €18,593 | +€262 | +1.4% |
| Contributions | 10/11 | €22,400 | €22,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,069 | -€3,807 | +€262 | +6.4% |
| Amounts payable | 17/49 | €658 | €851 | +€193 | +29.3% |
| Amounts payable within one year | 42/48 | €658 | €851 | +€193 | +29.3% |
| Trade debts | 44 | €578 | €194 | -€384 | -66.4% |
| Suppliers | 440/4 | €578 | €194 | -€384 | -66.4% |
| Taxes, remuneration and social security | 45 | €80 | €657 | +€577 | +722% |
| Taxes | 450/3 | €80 | €657 | +€577 | +722% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €691 | €565 | -€126 | -18.3% |
| Other operating charges | 640/8 | €387 | €462 | +€74 | +19.2% |
| Gross operating margin | 9900 | €1,960 | €1,315 | -€646 | -32.9% |
| Operating profit (loss) | 9901 | €882 | €289 | -€594 | -67.3% |
| Financial income | 75/76B | €30 | €60 | +€30 | +101% |
| Recurring financial income | 75 | €30 | €60 | +€30 | +101% |
| Financial charges | 65/66B | €99 | €87 | -€12 | -12.6% |
| Recurring financial charges | 65 | €99 | €87 | -€12 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €813 | €262 | -€551 | -67.8% |
| Profit (loss) for the period | 9904 | €813 | €262 | -€551 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €813 | €262 | -€551 | -67.8% |
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 19 October 2026 via checked.be.