FORNA: 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.
FORNA
Largest movements
- Cash +€11,797
up €11,797 (+103.0%), from €11,457 to €23,254
mainly Depreciation (+€8,530) and Net result for the year (+€4,781)
- Tangible fixed assets -€6,910
down €6,910 (-32.1%), from €21,534 to €14,624
- Profit (loss) carried forward +€4,781
up €4,781 (+26.5%), from €18,055 to €22,836
- Trade debts +€3,097
up €3,097 (+312.8%), from €990 to €4,087
- Other debts -€1,159
down €1,159 (-9.9%), from €11,653 to €10,494
- Tax, wage and social debts -€1,084
down €1,084 (-19.3%), from €5,615 to €4,531
- Gross operating margin -€2,748
down €2,748 (-12.1%), from €22,771 to €20,022
- Financial charges -€1,277
down €1,277 (-58.9%), from €2,168 to €891
- Taxes +€956
up €956 (+22.9%), from €4,182 to €5,138
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 | €39,244 | €44,485 | +€5,241 | +13.4% |
| Fixed assets | 21/28 | €21,534 | €14,624 | -€6,910 | -32.1% |
| Tangible fixed assets | 22/27 | €21,534 | €14,624 | -€6,910 | -32.1% |
| Furniture and vehicles | 24 | €21,534 | €14,624 | -€6,910 | -32.1% |
| Current assets | 29/58 | €17,711 | €29,861 | +€12,150 | +68.6% |
| Amounts receivable within one year | 40/41 | €5,617 | €5,906 | +€289 | +5.1% |
| Trade receivables | 40 | €5,617 | €5,906 | +€289 | +5.1% |
| Cash at bank and in hand | 54/58 | €11,457 | €23,254 | +€11,797 | +103.0% |
| Deferred charges and accrued income | 490/1 | €637 | €701 | +€65 | +10.2% |
| Total equity and liabilities | 10/49 | €39,244 | €44,485 | +€5,241 | +13.4% |
| Equity | 10/15 | €19,055 | €23,836 | +€4,781 | +25.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,055 | €22,836 | +€4,781 | +26.5% |
| Amounts payable | 17/49 | €20,189 | €20,649 | +€460 | +2.3% |
| Amounts payable within one year | 42/48 | €18,257 | €19,111 | +€854 | +4.7% |
| Trade debts | 44 | €990 | €4,087 | +€3,097 | +312.8% |
| Suppliers | 440/4 | €990 | €4,087 | +€3,097 | +312.8% |
| Taxes, remuneration and social security | 45 | €5,615 | €4,531 | -€1,084 | -19.3% |
| Taxes | 450/3 | €5,615 | €4,531 | -€1,084 | -19.3% |
| Other amounts payable | 47/48 | €11,653 | €10,494 | -€1,159 | -9.9% |
| Accrued charges and deferred income | 492/3 | €1,932 | €1,538 | -€394 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,402 | €8,530 | +€129 | +1.5% |
| Other operating charges | 640/8 | €604 | €619 | +€16 | +2.6% |
| Non-recurring operating charges | 66A | €169 | €63 | -€106 | -62.7% |
| Gross operating margin | 9900 | €22,771 | €20,022 | -€2,748 | -12.1% |
| Operating profit (loss) | 9901 | €13,597 | €10,810 | -€2,787 | -20.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +3900.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +3900.0% |
| Financial charges | 65/66B | €2,168 | €891 | -€1,277 | -58.9% |
| Recurring financial charges | 65 | €2,168 | €891 | -€1,277 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €11,428 | €9,919 | -€1,509 | -13.2% |
| Income taxes | 67/77 | €4,182 | €5,138 | +€956 | +22.9% |
| Profit (loss) for the period | 9904 | €7,246 | €4,781 | -€2,465 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,246 | €4,781 | -€2,465 | -34.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.