In Forma: 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.
In Forma
Largest movements
- Cash +€40,956
up €40,956 (+51.3%), from €79,903 to €120,860
mainly Net result for the year (+€42,208) and Other debts (+€13,637)
- Reserves +€42,208
up €42,208 (+100.6%), from €41,972 to €84,180
of which Distributable reserves: +€44,068
- Other debts +€13,637
up €13,637 (+33.3%), from €40,977 to €54,615
- Tax, wage and social debts -€8,514
down €8,514 (-58.4%), from €14,578 to €6,064
- Trade debts -€5,230
down €5,230 (-35.1%), from €14,899 to €9,669
- Gross operating margin +€29,057
up €29,057 (+67.5%), from €43,053 to €72,110
- Taxes +€7,383
up €7,383 (+74.8%), from €9,870 to €17,253
- Financial charges +€1,035
up €1,035 (+48.9%), from €2,116 to €3,151
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 | €131,585 | €173,128 | +€41,543 | +31.6% |
| Fixed assets | 21/28 | €21,982 | €22,721 | +€739 | +3.4% |
| Tangible fixed assets | 22/27 | €21,982 | €22,721 | +€739 | +3.4% |
| Land and buildings | 22 | €7,495 | €6,376 | -€1,119 | -14.9% |
| Plant, machinery and equipment | 23 | €7,803 | €7,658 | -€145 | -1.9% |
| Furniture and vehicles | 24 | €6,685 | €8,688 | +€2,003 | +30.0% |
| Current assets | 29/58 | €109,603 | €150,406 | +€40,803 | +37.2% |
| Amounts receivable within one year | 40/41 | €26,906 | €26,906 | +€0 | 0.0% |
| Trade receivables | 40 | €26,902 | €26,887 | -€15 | -0.1% |
| Other amounts receivable | 41 | €4 | €19 | +€15 | +373.2% |
| Cash at bank and in hand | 54/58 | €79,903 | €120,860 | +€40,956 | +51.3% |
| Deferred charges and accrued income | 490/1 | €2,794 | €2,640 | -€153 | -5.5% |
| Total equity and liabilities | 10/49 | €131,585 | €173,128 | +€41,543 | +31.6% |
| Equity | 10/15 | €60,572 | €102,780 | +€42,208 | +69.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,972 | €84,180 | +€42,208 | +100.6% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €40,112 | €84,180 | +€44,068 | +109.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €71,013 | €70,347 | -€666 | -0.9% |
| Amounts payable within one year | 42/48 | €70,454 | €70,347 | -€107 | -0.2% |
| Trade debts | 44 | €14,899 | €9,669 | -€5,230 | -35.1% |
| Suppliers | 440/4 | €14,899 | €9,669 | -€5,230 | -35.1% |
| Taxes, remuneration and social security | 45 | €14,578 | €6,064 | -€8,514 | -58.4% |
| Taxes | 450/3 | €14,578 | €6,064 | -€8,514 | -58.4% |
| Other amounts payable | 47/48 | €40,977 | €54,615 | +€13,637 | +33.3% |
| Accrued charges and deferred income | 492/3 | €559 | €0 | -€559 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,845 | €9,425 | +€579 | +6.6% |
| Other operating charges | 640/8 | €962 | €1,185 | +€223 | +23.1% |
| Gross operating margin | 9900 | €43,053 | €72,110 | +€29,057 | +67.5% |
| Operating profit (loss) | 9901 | €33,245 | €61,500 | +€28,255 | +85.0% |
| Financial income | 75/76B | €660 | €1,112 | +€452 | +68.6% |
| Recurring financial income | 75 | €660 | €1,112 | +€452 | +68.6% |
| Financial charges | 65/66B | €2,116 | €3,151 | +€1,035 | +48.9% |
| Recurring financial charges | 65 | €2,116 | €3,151 | +€1,035 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | €31,789 | €59,461 | +€27,672 | +87.1% |
| Income taxes | 67/77 | €9,870 | €17,253 | +€7,383 | +74.8% |
| Profit (loss) for the period | 9904 | €21,919 | €42,208 | +€20,290 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,919 | €42,208 | +€20,290 | +92.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.