F.M. AUTO’S: 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.M. AUTO’S
Largest movements
- Stocks and contracts -€57,160
down €57,160 (-70.5%), from €81,060 to €23,900
- Tangible fixed assets -€7,827
down €7,827 (-92.9%), from €8,429 to €602
- Receivables within one year -€7,649
down €7,649 (-77.9%), from €9,823 to €2,173
of which Other amounts receivable: -€6,838
- Cash -€1,398
down €1,398 (-41.0%), from €3,408 to €2,010
mainly Trade debts (-€25,606) and Other debts (-€18,752)
- Trade debts -€25,606
no longer reported in 2024 (was €25,606)
- Other debts -€18,752
down €18,752 (-40.0%), from €46,854 to €28,101
- Profit (loss) carried forward -€18,065
down €18,065 (-61.8%), from -€29,245 to -€47,310
- Tax, wage and social debts -€9,825
down €9,825 (-88.7%), from €11,080 to €1,255
of which Taxes: -€8,125
- Accrued charges and deferred income -€1,920
no longer reported in 2024 (was €1,920)
- Gross operating margin +€13,668
up €13,668 (+52.0%), from -€26,275 to -€12,607
- Other operating charges +€2,750
up €2,750 (+179%), from €1,533 to €4,283
- Depreciation -€1,022
down €1,022 (-85.5%), from €1,195 to €173
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,211 | €30,043 | -€74,169 | -71.2% |
| Fixed assets | 21/28 | €8,429 | €602 | -€7,827 | -92.9% |
| Tangible fixed assets | 22/27 | €8,429 | €602 | -€7,827 | -92.9% |
| Furniture and vehicles | 24 | €8,429 | €602 | -€7,827 | -92.9% |
| Current assets | 29/58 | €95,783 | €29,441 | -€66,342 | -69.3% |
| Stocks and contracts in progress | 3 | €81,060 | €23,900 | -€57,160 | -70.5% |
| Stocks | 30/36 | €81,060 | €23,900 | -€57,160 | -70.5% |
| Amounts receivable within one year | 40/41 | €9,823 | €2,173 | -€7,649 | -77.9% |
| Trade receivables | 40 | €1,029 | €217 | -€811 | -78.9% |
| Other amounts receivable | 41 | €8,794 | €1,956 | -€6,838 | -77.8% |
| Cash at bank and in hand | 54/58 | €3,408 | €2,010 | -€1,398 | -41.0% |
| Deferred charges and accrued income | 490/1 | €1,492 | €1,358 | -€134 | -9.0% |
| Total equity and liabilities | 10/49 | €104,211 | €30,043 | -€74,169 | -71.2% |
| Equity | 10/15 | €18,751 | €686 | -€18,065 | -96.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €44,996 | €44,996 | = | 0.0% |
| Distributable reserves | 133 | €44,996 | €44,996 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,245 | -€47,310 | -€18,065 | -61.8% |
| Amounts payable | 17/49 | €85,460 | €29,356 | -€56,104 | -65.6% |
| Amounts payable within one year | 42/48 | €83,540 | €29,356 | -€54,184 | -64.9% |
| Trade debts | 44 | €25,606 | - | -€25,606 | |
| Suppliers | 440/4 | €25,606 | - | -€25,606 | |
| Taxes, remuneration and social security | 45 | €11,080 | €1,255 | -€9,825 | -88.7% |
| Taxes | 450/3 | €9,380 | €1,255 | -€8,125 | -86.6% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €46,854 | €28,101 | -€18,752 | -40.0% |
| Accrued charges and deferred income | 492/3 | €1,920 | - | -€1,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,195 | €173 | -€1,022 | -85.5% |
| Other operating charges | 640/8 | €1,533 | €4,283 | +€2,750 | +179% |
| Non-recurring operating charges | 66A | - | €629 | +€629 | |
| Gross operating margin | 9900 | -€26,275 | -€12,607 | +€13,668 | +52.0% |
| Operating profit (loss) | 9901 | -€29,003 | -€17,692 | +€11,312 | +39.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €169 | €255 | +€85 | +50.4% |
| Recurring financial charges | 65 | €169 | €255 | +€85 | +50.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,169 | -€17,946 | +€11,223 | +38.5% |
| Income taxes | 67/77 | €75 | €119 | +€44 | +58.0% |
| Profit (loss) for the period | 9904 | -€29,245 | -€18,065 | +€11,180 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,245 | -€18,065 | +€11,180 | +38.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.