F.A.M.O.: 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.
F.A.M.O.
Largest movements
- Cash +€22,777
up €22,777 (+9.4%), from €242,193 to €264,970
mainly Other debts (+€126,928) and Net result for the year (+€33,624)
- Tangible fixed assets -€10,294
down €10,294 (-6.1%), from €168,160 to €157,867
of which Land and buildings: -€9,708
- Other debts +€126,928
up €126,928 (+414%), from €30,625 to €157,554
- Profit (loss) carried forward -€87,262
down €87,262 (-100%), from €87,262 to €0
- Debts after one year -€30,167
down €30,167 (-16.5%), from €182,290 to €152,122
- Tax, wage and social debts -€6,381
down €6,381 (-49.2%), from €12,973 to €6,592
of which Taxes: -€6,381
- Trade debts +€5,614
up €5,614 (+1,036%), from €542 to €6,156
- Gross operating margin -€27,342
down €27,342 (-22.2%), from €122,993 to €95,651
- Taxes -€5,892
down €5,892 (-32.7%), from €17,995 to €12,103
- Other operating charges -€3,122
down €3,122 (-11.5%), from €27,221 to €24,099
- Financial income +€1,768
up €1,768 (+4,960%), from €36 to €1,804
- Depreciation -€1,297
down €1,297 (-7.0%), from €18,651 to €17,353
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.
Derived cash bridge
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 | €414,572 | €424,848 | +€10,276 | +2.5% |
| Fixed assets | 21/28 | €168,160 | €157,867 | -€10,294 | -6.1% |
| Tangible fixed assets | 22/27 | €168,160 | €157,867 | -€10,294 | -6.1% |
| Land and buildings | 22 | €166,264 | €156,556 | -€9,708 | -5.8% |
| Furniture and vehicles | 24 | €1,896 | €1,310 | -€585 | -30.9% |
| Current assets | 29/58 | €246,412 | €266,981 | +€20,570 | +8.3% |
| Amounts receivable within one year | 40/41 | €3,500 | €0 | -€3,500 | -100% |
| Trade receivables | 40 | €1,180 | €0 | -€1,180 | -100% |
| Other amounts receivable | 41 | €2,319 | €0 | -€2,319 | -100% |
| Cash at bank and in hand | 54/58 | €242,193 | €264,970 | +€22,777 | +9.4% |
| Deferred charges and accrued income | 490/1 | €719 | €2,011 | +€1,292 | +180% |
| Total equity and liabilities | 10/49 | €414,572 | €424,848 | +€10,276 | +2.5% |
| Equity | 10/15 | €155,433 | €68,171 | -€87,262 | -56.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,262 | €0 | -€87,262 | -100% |
| Amounts payable | 17/49 | €259,139 | €356,677 | +€97,538 | +37.6% |
| Amounts payable after more than one year | 17 | €182,290 | €152,122 | -€30,167 | -16.5% |
| Financial debts | 170/4 | €182,290 | €152,122 | -€30,167 | -16.5% |
| Amounts payable within one year | 42/48 | €75,368 | €203,878 | +€128,510 | +171% |
| Current portion of amounts payable after more than one year | 42 | €31,228 | €33,577 | +€2,349 | +7.5% |
| Trade debts | 44 | €542 | €6,156 | +€5,614 | +1,036% |
| Suppliers | 440/4 | €542 | €6,156 | +€5,614 | +1,036% |
| Taxes, remuneration and social security | 45 | €12,973 | €6,592 | -€6,381 | -49.2% |
| Taxes | 450/3 | €12,973 | €6,592 | -€6,381 | -49.2% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €30,625 | €157,554 | +€126,928 | +414% |
| Accrued charges and deferred income | 492/3 | €1,481 | €676 | -€805 | -54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,651 | €17,353 | -€1,297 | -7.0% |
| Other operating charges | 640/8 | €27,221 | €24,099 | -€3,122 | -11.5% |
| Gross operating margin | 9900 | €122,993 | €95,651 | -€27,342 | -22.2% |
| Operating profit (loss) | 9901 | €77,121 | €54,199 | -€22,922 | -29.7% |
| Financial income | 75/76B | €36 | €1,804 | +€1,768 | +4,960% |
| Recurring financial income | 75 | €36 | €1,804 | +€1,768 | +4,960% |
| Financial charges | 65/66B | €10,266 | €10,276 | +€10 | +0.1% |
| Recurring financial charges | 65 | €10,266 | €10,276 | +€10 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €66,891 | €45,727 | -€21,164 | -31.6% |
| Income taxes | 67/77 | €17,995 | €12,103 | -€5,892 | -32.7% |
| Profit (loss) for the period | 9904 | €48,896 | €33,624 | -€15,272 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,896 | €33,624 | -€15,272 | -31.2% |
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 15 October 2026 via checked.be.