F & M WALLONIE CONSTRUCTION: 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 WALLONIE CONSTRUCTION
Largest movements
- Tangible fixed assets -€12,683
down €12,683 (-50.4%), from €25,172 to €12,489
of which Furniture and vehicles: -€12,826
- Receivables within one year +€4,671
up €4,671 (+22.7%), from €20,559 to €25,231
of which Trade receivables: +€3,805
- Deferred charges and accrued income +€1,158
up €1,158 (+68.6%), from €1,688 to €2,846
- Profit (loss) carried forward -€21,686
down €21,686 (-68.4%), from €31,707 to €10,021
- Trade debts +€15,867
up €15,867 (+623%), from €2,548 to €18,415
- Gross operating margin -€18,981
down €18,981, from €12,695 to -€6,286
- Other operating charges -€1,087
down €1,087 (-48.2%), from €2,254 to €1,167
- Depreciation +€877
up €877 (+7.1%), from €12,302 to €13,178
- Taxes -€447
down €447 (-50.6%), from €883 to €436
- Financial charges +€141
up €141 (+181%), from €78 to €219
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 | €66,753 | €60,248 | -€6,505 | -9.7% |
| Fixed assets | 21/28 | €26,760 | €14,077 | -€12,683 | -47.4% |
| Tangible fixed assets | 22/27 | €25,172 | €12,489 | -€12,683 | -50.4% |
| Plant, machinery and equipment | 23 | €1,392 | €1,535 | +€143 | +10.3% |
| Furniture and vehicles | 24 | €23,780 | €10,954 | -€12,826 | -53.9% |
| Financial fixed assets | 28 | €1,588 | €1,588 | = | 0.0% |
| Current assets | 29/58 | €39,993 | €46,171 | +€6,178 | +15.4% |
| Amounts receivable within one year | 40/41 | €20,559 | €25,231 | +€4,671 | +22.7% |
| Trade receivables | 40 | €20,558 | €24,363 | +€3,805 | +18.5% |
| Other amounts receivable | 41 | €2 | €868 | +€866 | +56,975% |
| Cash at bank and in hand | 54/58 | €17,745 | €18,094 | +€349 | +2.0% |
| Deferred charges and accrued income | 490/1 | €1,688 | €2,846 | +€1,158 | +68.6% |
| Total equity and liabilities | 10/49 | €66,753 | €60,248 | -€6,505 | -9.7% |
| Equity | 10/15 | €60,885 | €39,199 | -€21,686 | -35.6% |
| Contributions | 10/11 | €29,100 | €29,100 | = | 0.0% |
| Reserves | 13 | €79 | €79 | = | 0.0% |
| Non-distributable reserves | 130/1 | €79 | €79 | = | 0.0% |
| Reserves not available under the articles | 1311 | €79 | €79 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,707 | €10,021 | -€21,686 | -68.4% |
| Amounts payable | 17/49 | €5,868 | €21,049 | +€15,181 | +259% |
| Amounts payable within one year | 42/48 | €5,868 | €21,049 | +€15,181 | +259% |
| Trade debts | 44 | €2,548 | €18,415 | +€15,867 | +623% |
| Suppliers | 440/4 | €2,548 | €18,415 | +€15,867 | +623% |
| Taxes, remuneration and social security | 45 | €2,232 | €1,857 | -€376 | -16.8% |
| Taxes | 450/3 | €2,232 | €1,857 | -€376 | -16.8% |
| Other amounts payable | 47/48 | €1,087 | €778 | -€310 | -28.5% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,302 | €13,178 | +€877 | +7.1% |
| Other operating charges | 640/8 | €2,254 | €1,167 | -€1,087 | -48.2% |
| Gross operating margin | 9900 | €12,695 | -€6,286 | -€18,981 | |
| Operating profit (loss) | 9901 | -€2,248 | -€21,031 | -€18,783 | -836% |
| Financial income | 75/76B | €1 | €0 | -€1 | -80.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -80.6% |
| Financial charges | 65/66B | €78 | €219 | +€141 | +181% |
| Recurring financial charges | 65 | €78 | €219 | +€141 | +181% |
| Profit (loss) for the period before taxes | 9903 | -€2,325 | -€21,249 | -€18,924 | -814% |
| Income taxes | 67/77 | €883 | €436 | -€447 | -50.6% |
| Profit (loss) for the period | 9904 | -€3,208 | -€21,686 | -€18,478 | -576% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,208 | -€21,686 | -€18,478 | -576% |
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 29 October 2026 via checked.be.