F.M.D.: 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.
F.M.D.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€720
no longer reported in 2024 (was €720)
- Gross operating margin -€60
down €60 (-32.8%), from -€184 to -€244
- Financial charges +€5
up €5 (+5.2%), from €101 to €106
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.
Cash bridge derived
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 | €313,299 | €313,299 | = | 0.0% |
| Fixed assets | 21/28 | €313,299 | €313,299 | = | 0.0% |
| Tangible fixed assets | 22/27 | €305,615 | €305,615 | = | 0.0% |
| Land and buildings | 22 | €305,615 | €305,615 | = | 0.0% |
| Financial fixed assets | 28 | €7,685 | €7,685 | = | 0.0% |
| Current assets | 29/58 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €313,299 | €313,299 | = | 0.0% |
| Equity | 10/15 | -€117,000 | -€117,350 | -€350 | -0.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,987 | -€148,336 | -€350 | -0.2% |
| Amounts payable | 17/49 | €430,299 | €430,649 | +€350 | +0.1% |
| Amounts payable within one year | 42/48 | €430,299 | €430,649 | +€350 | +0.1% |
| Financial debts | 43 | €36 | €33 | -€3 | -9.1% |
| Credit institutions | 430/8 | €36 | €33 | -€3 | -9.1% |
| Other amounts payable | 47/48 | €430,264 | €430,617 | +€353 | +0.1% |
| Other operating charges | 640/8 | €720 | - | -€720 | |
| Gross operating margin | 9900 | -€184 | -€244 | -€60 | -32.8% |
| Operating profit (loss) | 9901 | -€903 | -€244 | +€660 | +73.0% |
| Financial charges | 65/66B | €101 | €106 | +€5 | +5.2% |
| Recurring financial charges | 65 | €101 | €106 | +€5 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,004 | -€350 | +€654 | +65.2% |
| Profit (loss) for the period | 9904 | -€1,004 | -€350 | +€654 | +65.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,004 | -€350 | +€654 | +65.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.