F.M.J.C.: 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.J.C.
Largest movements
- Receivables within one year -€4,398
down €4,398 (-16.4%), from €26,818 to €22,421
of which Trade receivables: -€4,398
- Cash -€2,765
down €2,765 (-41.7%), from €6,639 to €3,873
mainly Trade debts (-€8,790) and Investment in fixed assets (net) (-€4,554)
- Trade debts -€8,790
down €8,790 (-24.9%), from €35,272 to €26,481
- Short-term financial debts +€5,444
new in 2025: €5,444
- Profit (loss) carried forward -€4,545
down €4,545 (-6.4%), from -€71,414 to -€75,959
- Debts after one year -€3,130
down €3,130 (-60.1%), from €5,210 to €2,079
- Other debts +€2,690
up €2,690 (+4.4%), from €61,611 to €64,301
- Turnover +€31,018
up €31,018 (+33.4%), from €92,860 to €123,878
- Purchases and services +€19,486
up €19,486 (+32.0%), from €60,882 to €80,368
- Gross operating margin +€10,922
up €10,922 (+29.8%), from €36,678 to €47,600
- Staff costs +€1,883
up €1,883 (+4.4%), from €42,721 to €44,604
- Taxes -€1,672
no longer reported in 2025 (was €1,672)
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 | €42,357 | €34,913 | -€7,444 | -17.6% |
| Fixed assets | 21/28 | €8,901 | €8,620 | -€281 | -3.2% |
| Tangible fixed assets | 22/27 | €8,721 | €8,440 | -€281 | -3.2% |
| Land and buildings | 22 | €2,000 | - | -€2,000 | |
| Plant, machinery and equipment | 23 | €3,803 | €4,318 | +€515 | +13.5% |
| Furniture and vehicles | 24 | €2,917 | €4,121 | +€1,204 | +41.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €33,457 | €26,294 | -€7,163 | -21.4% |
| Amounts receivable within one year | 40/41 | €26,818 | €22,421 | -€4,398 | -16.4% |
| Trade receivables | 40 | €26,818 | €22,420 | -€4,398 | -16.4% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,639 | €3,873 | -€2,765 | -41.7% |
| Total equity and liabilities | 10/49 | €42,357 | €34,913 | -€7,444 | -17.6% |
| Equity | 10/15 | -€63,354 | -€67,899 | -€4,545 | -7.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,414 | -€75,959 | -€4,545 | -6.4% |
| Amounts payable | 17/49 | €105,712 | €102,812 | -€2,899 | -2.7% |
| Amounts payable after more than one year | 17 | €5,210 | €2,079 | -€3,130 | -60.1% |
| Financial debts | 170/4 | €5,210 | €2,079 | -€3,130 | -60.1% |
| Amounts payable within one year | 42/48 | €100,502 | €100,733 | +€231 | +0.2% |
| Financial debts | 43 | - | €5,444 | +€5,444 | |
| Credit institutions | 430/8 | - | €5,444 | +€5,444 | |
| Trade debts | 44 | €35,272 | €26,481 | -€8,790 | -24.9% |
| Suppliers | 440/4 | €35,272 | €26,481 | -€8,790 | -24.9% |
| Taxes, remuneration and social security | 45 | €3,620 | €4,507 | +€887 | +24.5% |
| Taxes | 450/3 | €1,215 | €2,595 | +€1,380 | +114% |
| Remuneration and social security | 454/9 | €2,405 | €1,912 | -€493 | -20.5% |
| Other amounts payable | 47/48 | €61,611 | €64,301 | +€2,690 | +4.4% |
| Turnover | 70 | €92,860 | €123,878 | +€31,018 | +33.4% |
| Non-recurring operating income | 76A | €962 | €208 | -€754 | -78.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €60,882 | €80,368 | +€19,486 | +32.0% |
| Remuneration, social security and pensions | 62 | €42,721 | €44,604 | +€1,883 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,983 | €4,835 | -€147 | -3.0% |
| Other operating charges | 640/8 | €2,490 | €1,504 | -€986 | -39.6% |
| Gross operating margin | 9900 | €36,678 | €47,600 | +€10,922 | +29.8% |
| Operating profit (loss) | 9901 | -€13,516 | -€3,344 | +€10,172 | +75.3% |
| Financial charges | 65/66B | €1,577 | €1,201 | -€376 | -23.8% |
| Recurring financial charges | 65 | €1,577 | €1,201 | -€376 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,092 | -€4,545 | +€10,548 | +69.9% |
| Income taxes | 67/77 | €1,672 | - | -€1,672 | |
| Profit (loss) for the period | 9904 | -€16,764 | -€4,545 | +€12,220 | +72.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,764 | -€4,545 | +€12,220 | +72.9% |
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 14 October 2026 via checked.be.