FAM International: 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.
FAM International
Largest movements
- Stocks and contracts -€68,255
down €68,255 (-3.4%), from €2.0m to €2.0m
- Tangible fixed assets -€49,102
down €49,102 (-13.6%), from €360,435 to €311,333
of which Land and buildings: -€31,430
- Other debts -€172,000
no longer reported in 2025 (was €172,000)
- Profit (loss) carried forward +€74,115
up €74,115 (+297%), from €24,955 to €99,070
- Debts after one year -€49,032
down €49,032 (-2.3%), from €2.1m to €2.1m
of which Other amounts payable: -€180,222
- Current portion of long-term debt +€39,922
up €39,922 (+88.1%), from €45,300 to €85,222
- Other operating charges -€32,335
down €32,335 (-47.0%), from €68,856 to €36,520
- Gross operating margin -€31,862
down €31,862 (-13.5%), from €235,751 to €203,888
- Staff costs +€8,956
up €8,956 (+25.3%), from €35,450 to €44,406
- Depreciation -€8,224
down €8,224 (-20.2%), from €40,680 to €32,456
- Financial charges -€6,108
down €6,108 (-26.7%), from €22,876 to €16,768
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 | €2,748,189 | €2,679,137 | -€69,052 | -2.5% |
| Fixed assets | 21/28 | €370,765 | €321,663 | -€49,102 | -13.2% |
| Tangible fixed assets | 22/27 | €360,435 | €311,333 | -€49,102 | -13.6% |
| Land and buildings | 22 | €321,816 | €290,386 | -€31,430 | -9.8% |
| Plant, machinery and equipment | 23 | €38,619 | €20,947 | -€17,672 | -45.8% |
| Financial fixed assets | 28 | €10,330 | €10,330 | = | 0.0% |
| Current assets | 29/58 | €2,377,424 | €2,357,473 | -€19,950 | -0.8% |
| Stocks and contracts in progress | 3 | €2,025,553 | €1,957,298 | -€68,255 | -3.4% |
| Stocks | 30/36 | €2,025,553 | €1,957,298 | -€68,255 | -3.4% |
| Amounts receivable within one year | 40/41 | €348,318 | €369,507 | +€21,189 | +6.1% |
| Trade receivables | 40 | €320,318 | €353,434 | +€33,116 | +10.3% |
| Other amounts receivable | 41 | €28,000 | €16,073 | -€11,927 | -42.6% |
| Cash at bank and in hand | 54/58 | €3,553 | €25,311 | +€21,758 | +612% |
| Deferred charges and accrued income | 490/1 | - | €5,358 | +€5,358 | |
| Total equity and liabilities | 10/49 | €2,748,189 | €2,679,137 | -€69,052 | -2.5% |
| Equity | 10/15 | €356,216 | €430,331 | +€74,115 | +20.8% |
| Contributions | 10/11 | €310,000 | €310,000 | = | 0.0% |
| Capital | 10 | €310,000 | €310,000 | = | 0.0% |
| Issued capital | 100 | €310,000 | €310,000 | = | 0.0% |
| Reserves | 13 | €21,261 | €21,261 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,261 | €21,261 | = | 0.0% |
| Legal reserve | 130 | €21,261 | €21,261 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,955 | €99,070 | +€74,115 | +297% |
| Amounts payable | 17/49 | €2,391,973 | €2,248,806 | -€143,167 | -6.0% |
| Amounts payable after more than one year | 17 | €2,141,796 | €2,092,764 | -€49,032 | -2.3% |
| Financial debts | 170/4 | €137,296 | €268,486 | +€131,190 | +95.6% |
| Other amounts payable | 178/9 | €2,004,500 | €1,824,278 | -€180,222 | -9.0% |
| Amounts payable within one year | 42/48 | €250,177 | €148,481 | -€101,696 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €45,300 | €85,222 | +€39,922 | +88.1% |
| Trade debts | 44 | €15,791 | €43,227 | +€27,436 | +174% |
| Suppliers | 440/4 | €15,791 | €43,227 | +€27,436 | +174% |
| Taxes, remuneration and social security | 45 | €17,086 | €20,032 | +€2,946 | +17.2% |
| Taxes | 450/3 | €17,086 | €15,064 | -€2,021 | -11.8% |
| Remuneration and social security | 454/9 | - | €4,968 | +€4,968 | |
| Other amounts payable | 47/48 | €172,000 | - | -€172,000 | |
| Accrued charges and deferred income | 492/3 | - | €7,560 | +€7,560 | |
| Non-recurring operating income | 76A | €3,200 | €13,831 | +€10,631 | +332% |
| Remuneration, social security and pensions | 62 | €35,450 | €44,406 | +€8,956 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,680 | €32,456 | -€8,224 | -20.2% |
| Other operating charges | 640/8 | €68,856 | €36,520 | -€32,335 | -47.0% |
| Gross operating margin | 9900 | €235,751 | €203,888 | -€31,862 | -13.5% |
| Operating profit (loss) | 9901 | €90,764 | €90,506 | -€259 | -0.3% |
| Financial income | 75/76B | €14 | €377 | +€363 | +2,584% |
| Recurring financial income | 75 | €14 | €377 | +€363 | +2,584% |
| Financial charges | 65/66B | €22,876 | €16,768 | -€6,108 | -26.7% |
| Recurring financial charges | 65 | €22,876 | €16,768 | -€6,108 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €67,903 | €74,115 | +€6,212 | +9.1% |
| Profit (loss) for the period | 9904 | €67,903 | €74,115 | +€6,212 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €67,903 | €74,115 | +€6,212 | +9.1% |
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 31 October 2026 via checked.be.