F&M GLOBAL: 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 GLOBAL
Largest movements
- Receivables within one year -€152,060
down €152,060 (-42.3%), from €359,684 to €207,624
of which Trade receivables: -€149,180
- Tangible fixed assets -€36,290
down €36,290 (-100.0%), from €36,290 to €0
- Cash -€32,389
down €32,389 (-25.4%), from €127,316 to €94,927
mainly Other debts (-€197,401) and Trade debts (-€77,061)
- Other debts -€197,401
down €197,401 (-100.0%), from €197,401 to €0
- Trade debts -€77,061
down €77,061 (-37.9%), from €203,501 to €126,440
- Reserves +€40,166
up €40,166 (+90.4%), from €44,445 to €84,611
- Tax, wage and social debts +€14,013
up €14,013 (+61.8%), from €22,681 to €36,693
- Gross operating margin -€36,221
down €36,221 (-33.1%), from €109,380 to €73,159
- Other operating charges +€21,300
up €21,300 (+2475.0%), from €861 to €22,160
- Taxes -€15,983
down €15,983 (-57.7%), from €27,681 to €11,697
- Financial income -€14,162
down €14,162 (-93.8%), from €15,096 to €934
- Depreciation -€1,223
down €1,223 (-100.0%), from €1,223 to €0
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 | €523,677 | €303,404 | -€220,273 | -42.1% |
| Fixed assets | 21/28 | €36,290 | - | -€36,290 | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €36,290 | €0 | -€36,290 | -100.0% |
| Furniture and vehicles | 24 | €36,290 | €0 | -€36,290 | -100.0% |
| Current assets | 29/58 | €487,386 | €303,404 | -€183,983 | -37.7% |
| Amounts receivable within one year | 40/41 | €359,684 | €207,624 | -€152,060 | -42.3% |
| Trade receivables | 40 | €356,113 | €206,933 | -€149,180 | -41.9% |
| Other amounts receivable | 41 | €3,572 | €692 | -€2,880 | -80.6% |
| Cash at bank and in hand | 54/58 | €127,316 | €94,927 | -€32,389 | -25.4% |
| Deferred charges and accrued income | 490/1 | €386 | €852 | +€466 | +120.5% |
| Total equity and liabilities | 10/49 | €523,677 | €303,404 | -€220,273 | -42.1% |
| Equity | 10/15 | €100,095 | €140,261 | +€40,166 | +40.1% |
| Contributions | 10/11 | €55,650 | €55,650 | = | 0.0% |
| Reserves | 13 | €44,445 | €84,611 | +€40,166 | +90.4% |
| Distributable reserves | 133 | €44,445 | €84,611 | +€40,166 | +90.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €423,582 | €163,143 | -€260,439 | -61.5% |
| Amounts payable within one year | 42/48 | €423,582 | €163,143 | -€260,439 | -61.5% |
| Financial debts | 43 | - | €9 | +€9 | |
| Credit institutions | 430/8 | - | €9 | +€9 | |
| Trade debts | 44 | €203,501 | €126,440 | -€77,061 | -37.9% |
| Suppliers | 440/4 | €203,501 | €126,440 | -€77,061 | -37.9% |
| Taxes, remuneration and social security | 45 | €22,681 | €36,693 | +€14,013 | +61.8% |
| Taxes | 450/3 | €22,681 | €36,693 | +€14,013 | +61.8% |
| Other amounts payable | 47/48 | €197,401 | €0 | -€197,401 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€4 | €0 | +€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,223 | €0 | -€1,223 | -100.0% |
| Other operating charges | 640/8 | €861 | €22,160 | +€21,300 | +2475.0% |
| Gross operating margin | 9900 | €109,380 | €73,159 | -€36,221 | -33.1% |
| Operating profit (loss) | 9901 | €107,300 | €50,998 | -€56,302 | -52.5% |
| Financial income | 75/76B | €15,096 | €934 | -€14,162 | -93.8% |
| Recurring financial income | 75 | €15,096 | €934 | -€14,162 | -93.8% |
| Financial charges | 65/66B | €948 | €68 | -€879 | -92.8% |
| Recurring financial charges | 65 | €948 | €68 | -€879 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €121,448 | €51,863 | -€69,585 | -57.3% |
| Income taxes | 67/77 | €27,681 | €11,697 | -€15,983 | -57.7% |
| Profit (loss) for the period | 9904 | €93,768 | €40,166 | -€53,602 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €93,768 | €40,166 | -€53,602 | -57.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.