O & FORMES: 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.
O & FORMES
Largest movements
- Tangible fixed assets -€22,333
down €22,333 (-4.5%), from €495,854 to €473,521
of which Land and buildings: -€13,500
- Receivables within one year -€13,712
down €13,712 (-100.0%), from €13,712 to €0
- Profit (loss) carried forward -€36,130
down €36,130, from €25,158 to -€10,972
- Gross operating margin -€459,086
down €459,086, from €447,558 to -€11,527
- Taxes -€92,681
down €92,681 (-99.6%), from €93,065 to €384
- Financial charges -€15,707
down €15,707 (-95.3%), from €16,489 to €782
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 | €677,404 | €638,836 | -€38,568 | -5.7% |
| Fixed assets | 21/28 | €495,854 | €473,521 | -€22,333 | -4.5% |
| Tangible fixed assets | 22/27 | €495,854 | €473,521 | -€22,333 | -4.5% |
| Land and buildings | 22 | €464,150 | €450,650 | -€13,500 | -2.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €31,704 | €22,871 | -€8,833 | -27.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €181,550 | €165,315 | -€16,236 | -8.9% |
| Amounts receivable within one year | 40/41 | €13,712 | €0 | -€13,712 | -100.0% |
| Other amounts receivable | 41 | €13,712 | €0 | -€13,712 | -100.0% |
| Cash at bank and in hand | 54/58 | €161,349 | €156,059 | -€5,290 | -3.3% |
| Deferred charges and accrued income | 490/1 | €6,489 | €9,255 | +€2,766 | +42.6% |
| Total equity and liabilities | 10/49 | €677,404 | €638,836 | -€38,568 | -5.7% |
| Equity | 10/15 | €319,518 | €283,388 | -€36,130 | -11.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €286,300 | €286,300 | = | 0.0% |
| Distributable reserves | 133 | €286,300 | €286,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,158 | -€10,972 | -€36,130 | |
| Amounts payable | 17/49 | €357,886 | €355,447 | -€2,439 | -0.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €357,875 | €355,447 | -€2,428 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,328 | €3,078 | +€1,750 | +131.8% |
| Suppliers | 440/4 | €1,328 | €3,078 | +€1,750 | +131.8% |
| Taxes, remuneration and social security | 45 | €97,315 | €97,565 | +€250 | +0.3% |
| Taxes | 450/3 | €97,315 | €97,565 | +€250 | +0.3% |
| Other amounts payable | 47/48 | €259,232 | €254,805 | -€4,427 | -1.7% |
| Accrued charges and deferred income | 492/3 | €11 | €0 | -€11 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,412 | €22,106 | -€306 | -1.4% |
| Other operating charges | 640/8 | €5,936 | €2,609 | -€3,326 | -56.0% |
| Gross operating margin | 9900 | €447,558 | -€11,527 | -€459,086 | |
| Operating profit (loss) | 9901 | €419,210 | -€36,243 | -€455,453 | |
| Financial income | 75/76B | €2,513 | €1,279 | -€1,234 | -49.1% |
| Recurring financial income | 75 | €2,513 | €1,279 | -€1,234 | -49.1% |
| Financial charges | 65/66B | €16,489 | €782 | -€15,707 | -95.3% |
| Recurring financial charges | 65 | €16,489 | €782 | -€15,707 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | €405,234 | -€35,746 | -€440,981 | |
| Income taxes | 67/77 | €93,065 | €384 | -€92,681 | -99.6% |
| Profit (loss) for the period | 9904 | €312,170 | -€36,130 | -€348,299 | |
| Profit (loss) for the period to be appropriated | 9905 | €312,170 | -€36,130 | -€348,299 |
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.