GLOBAL FORUM FORMEDIA DEVELOPMENT: 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.
GLOBAL FORUM FORMEDIA DEVELOPMENT
Largest movements
- Current investments +€255,319
new in 2025: €255,319
- Cash +€107,191
up €107,191 (+83.2%), from €128,895 to €236,087
mainly Accrued charges and deferred income (+€343,227) and Deferred charges and accrued income (+€33,951)
- Deferred charges and accrued income -€33,951
down €33,951 (-84.1%), from €40,366 to €6,415
- Accrued charges and deferred income +€343,227
up €343,227 (+224.0%), from €153,232 to €496,458
- Debts within one year -€32,706
down €32,706 (-35.4%), from €92,392 to €59,685
- Profit (loss) carried forward +€13,968
up €13,968 (+28.5%), from €48,962 to €62,930
- Gross operating margin +€61,836
up €61,836 (+263.8%), from €23,444 to €85,281
- Financial charges +€57,767
up €57,767 (+576.1%), from €10,027 to €67,794
- Financial income -€861
down €861 (-71.0%), from €1,213 to €352
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 | €294,586 | €619,074 | +€324,488 | +110.2% |
| Fixed assets | 21/28 | €1,591 | €1,421 | -€171 | -10.7% |
| Intangible fixed assets | 21 | €1,466 | €552 | -€914 | -62.4% |
| Tangible fixed assets | 22/27 | €126 | €869 | +€743 | +591.3% |
| Furniture and vehicles | 24 | €126 | €869 | +€743 | +591.3% |
| Current assets | 29/58 | €292,994 | €617,653 | +€324,659 | +110.8% |
| Amounts receivable within one year | 40/41 | €123,733 | €119,833 | -€3,900 | -3.2% |
| Trade receivables | 40 | €123,733 | €119,833 | -€3,900 | -3.2% |
| Current investments | 50/53 | - | €255,319 | +€255,319 | |
| Cash at bank and in hand | 54/58 | €128,895 | €236,087 | +€107,191 | +83.2% |
| Deferred charges and accrued income | 490/1 | €40,366 | €6,415 | -€33,951 | -84.1% |
| Total equity and liabilities | 10/49 | €294,586 | €619,074 | +€324,488 | +110.2% |
| Equity | 10/15 | €48,962 | €62,930 | +€13,968 | +28.5% |
| Profit (loss) carried forward | 14 | €48,962 | €62,930 | +€13,968 | +28.5% |
| Amounts payable | 17/49 | €245,623 | €556,144 | +€310,520 | +126.4% |
| Amounts payable within one year | 42/48 | €92,392 | €59,685 | -€32,706 | -35.4% |
| Trade debts | 44 | €18,473 | €20,883 | +€2,410 | +13.0% |
| Suppliers | 440/4 | €18,473 | €20,883 | +€2,410 | +13.0% |
| Taxes, remuneration and social security | 45 | €20,112 | €10,460 | -€9,652 | -48.0% |
| Taxes | 450/3 | €20,112 | €10,460 | -€9,652 | -48.0% |
| Accrued charges and deferred income | 492/3 | €153,232 | €496,458 | +€343,227 | +224.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,911 | €1,221 | -€690 | -36.1% |
| Other operating charges | 640/8 | €3,450 | €2,650 | -€800 | -23.2% |
| Gross operating margin | 9900 | €23,444 | €85,281 | +€61,836 | +263.8% |
| Operating profit (loss) | 9901 | €18,083 | €81,410 | +€63,327 | +350.2% |
| Financial income | 75/76B | €1,213 | €352 | -€861 | -71.0% |
| Recurring financial income | 75 | €1,213 | €352 | -€861 | -71.0% |
| Financial charges | 65/66B | €10,027 | €67,794 | +€57,767 | +576.1% |
| Recurring financial charges | 65 | €10,027 | €67,794 | +€57,767 | +576.1% |
| Profit (loss) for the period before taxes | 9903 | €9,269 | €13,968 | +€4,698 | +50.7% |
| Profit (loss) for the period | 9904 | €9,269 | €13,968 | +€4,698 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,269 | €13,968 | +€4,698 | +50.7% |
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 12 October 2026 via checked.be.