F.O.S.M.: 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.O.S.M.
Largest movements
- Cash -€94,943
down €94,943 (-38.2%), from €248,563 to €153,620
mainly Other debts (-€181,039) and Net result for the year (-€24,675)
- Tangible fixed assets -€93,714
down €93,714 (-2.7%), from €3.4m to €3.3m
of which Land and buildings: -€70,569
- Other debts -€181,039
down €181,039 (-13.4%), from €1.3m to €1.2m
- Gross operating margin -€204,639
down €204,639 (-56.8%), from €360,434 to €155,795
- Staff costs -€74,186
down €74,186, from €69,846 to -€4,340
- Taxes -€40,339
down €40,339, from €37,543 to -€2,796
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 | €3,736,612 | €3,522,558 | -€214,054 | -5.7% |
| Fixed assets | 21/28 | €3,409,297 | €3,315,583 | -€93,714 | -2.7% |
| Tangible fixed assets | 22/27 | €3,409,297 | €3,315,583 | -€93,714 | -2.7% |
| Land and buildings | 22 | €3,335,298 | €3,264,729 | -€70,569 | -2.1% |
| Furniture and vehicles | 24 | €73,999 | €50,854 | -€23,145 | -31.3% |
| Current assets | 29/58 | €327,314 | €206,975 | -€120,339 | -36.8% |
| Amounts receivable within one year | 40/41 | €74,349 | €48,200 | -€26,149 | -35.2% |
| Trade receivables | 40 | €46,464 | €24,200 | -€22,264 | -47.9% |
| Other amounts receivable | 41 | €27,885 | €24,000 | -€3,885 | -13.9% |
| Cash at bank and in hand | 54/58 | €248,563 | €153,620 | -€94,943 | -38.2% |
| Deferred charges and accrued income | 490/1 | €4,402 | €5,155 | +€752 | +17.1% |
| Total equity and liabilities | 10/49 | €3,736,612 | €3,522,558 | -€214,054 | -5.7% |
| Equity | 10/15 | €2,348,105 | €2,323,430 | -€24,675 | -1.1% |
| Contributions | 10/11 | €520,000 | €520,000 | = | 0.0% |
| Reserves | 13 | €1,765,000 | €1,765,000 | = | 0.0% |
| Distributable reserves | 133 | €1,765,000 | €1,765,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,105 | €38,430 | -€24,675 | -39.1% |
| Amounts payable | 17/49 | €1,388,507 | €1,199,128 | -€189,379 | -13.6% |
| Amounts payable within one year | 42/48 | €1,388,507 | €1,199,128 | -€189,379 | -13.6% |
| Financial debts | 43 | €157 | €10 | -€147 | -93.7% |
| Credit institutions | 430/8 | €157 | €10 | -€147 | -93.7% |
| Trade debts | 44 | €6,628 | €1,601 | -€5,027 | -75.8% |
| Suppliers | 440/4 | €6,628 | €1,601 | -€5,027 | -75.8% |
| Taxes, remuneration and social security | 45 | €35,466 | €32,301 | -€3,165 | -8.9% |
| Taxes | 450/3 | €28,991 | €32,301 | +€3,310 | +11.4% |
| Remuneration and social security | 454/9 | €6,475 | €0 | -€6,475 | -100% |
| Other amounts payable | 47/48 | €1,346,255 | €1,165,216 | -€181,039 | -13.4% |
| Non-recurring operating income | 76A | €6,000 | €0 | -€6,000 | -100% |
| Remuneration, social security and pensions | 62 | €69,846 | -€4,340 | -€74,186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,995 | €93,714 | -€281 | -0.3% |
| Other operating charges | 640/8 | €4,807 | €5,085 | +€278 | +5.8% |
| Non-recurring operating charges | 66A | €6,343 | €0 | -€6,343 | -100% |
| Gross operating margin | 9900 | €360,434 | €155,795 | -€204,639 | -56.8% |
| Operating profit (loss) | 9901 | €185,444 | €61,336 | -€124,108 | -66.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €87,829 | €88,807 | +€978 | +1.1% |
| Recurring financial charges | 65 | €87,829 | €88,807 | +€978 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €97,615 | -€27,471 | -€125,086 | |
| Income taxes | 67/77 | €37,543 | -€2,796 | -€40,339 | |
| Profit (loss) for the period | 9904 | €60,071 | -€24,675 | -€84,746 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,071 | -€24,675 | -€84,746 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.