Vorm: what changed
Two fiscal 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.
Vorm
Largest movements
- Cash +€37,452
up €37,452 (+529.6%), from €7,072 to €44,524
mainly Net result for the year (+€30,998) and Depreciation (+€11,873)
- Tangible fixed assets -€10,438
down €10,438 (-10.0%), from €104,293 to €93,856
of which Furniture and vehicles: -€8,248
- Deferred charges and accrued income +€2,516
up €2,516 (+35.7%), from €7,045 to €9,561
- Reserves +€30,998
up €30,998 (+301.5%), from €10,281 to €41,280
- Other debts -€8,460
down €8,460 (-8.3%), from €102,366 to €93,906
- Tax, wage and social debts +€6,730
up €6,730 (+259.1%), from €2,598 to €9,327
- Gross operating margin +€36,919
up €36,919 (+224.8%), from €16,425 to €53,344
- Depreciation +€8,992
up €8,992 (+312.2%), from €2,880 to €11,873
- Taxes +€6,730
up €6,730 (+259.1%), from €2,598 to €9,327
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 | €120,861 | €149,188 | +€28,327 | +23.4% |
| Fixed assets | 21/28 | €104,293 | €93,856 | -€10,438 | -10.0% |
| Tangible fixed assets | 22/27 | €104,293 | €93,856 | -€10,438 | -10.0% |
| Plant, machinery and equipment | 23 | €1,804 | €1,424 | -€380 | -21.1% |
| Furniture and vehicles | 24 | €39,098 | €30,850 | -€8,248 | -21.1% |
| Other tangible fixed assets | 26 | €63,392 | €61,582 | -€1,810 | -2.9% |
| Current assets | 29/58 | €16,568 | €55,333 | +€38,765 | +234.0% |
| Amounts receivable within one year | 40/41 | €2,451 | €1,248 | -€1,203 | -49.1% |
| Trade receivables | 40 | €2,451 | €1,248 | -€1,203 | -49.1% |
| Cash at bank and in hand | 54/58 | €7,072 | €44,524 | +€37,452 | +529.6% |
| Deferred charges and accrued income | 490/1 | €7,045 | €9,561 | +€2,516 | +35.7% |
| Total equity and liabilities | 10/49 | €120,861 | €149,188 | +€28,327 | +23.4% |
| Equity | 10/15 | €13,281 | €44,280 | +€30,998 | +233.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,281 | €41,280 | +€30,998 | +301.5% |
| Distributable reserves | 133 | €10,281 | €41,280 | +€30,998 | +301.5% |
| Amounts payable | 17/49 | €107,580 | €104,909 | -€2,671 | -2.5% |
| Amounts payable within one year | 42/48 | €107,580 | €104,909 | -€2,671 | -2.5% |
| Trade debts | 44 | €2,616 | €1,676 | -€941 | -36.0% |
| Suppliers | 440/4 | €2,616 | €1,676 | -€941 | -36.0% |
| Taxes, remuneration and social security | 45 | €2,598 | €9,327 | +€6,730 | +259.1% |
| Taxes | 450/3 | €2,598 | €9,327 | +€6,730 | +259.1% |
| Other amounts payable | 47/48 | €102,366 | €93,906 | -€8,460 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,880 | €11,873 | +€8,992 | +312.2% |
| Other operating charges | 640/8 | €657 | €1,096 | +€440 | +66.9% |
| Gross operating margin | 9900 | €16,425 | €53,344 | +€36,919 | +224.8% |
| Operating profit (loss) | 9901 | €12,888 | €40,376 | +€27,487 | +213.3% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €9 | €53 | +€44 | +487.7% |
| Recurring financial charges | 65 | €9 | €53 | +€44 | +487.7% |
| Profit (loss) for the period before taxes | 9903 | €12,879 | €40,325 | +€27,446 | +213.1% |
| Income taxes | 67/77 | €2,598 | €9,327 | +€6,730 | +259.1% |
| Profit (loss) for the period | 9904 | €10,281 | €30,998 | +€20,717 | +201.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,281 | €30,998 | +€20,717 | +201.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.