FAMENCO: 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.
FAMENCO
Largest movements
- Total assets +€316,103
up €316,103 (+53.8%), from €587,295 to €903,398
of which Fixed assets: +€190,042
- Total equity and liabilities +€316,103
up €316,103 (+53.8%), from €587,295 to €903,398
of which Equity: +€262,266
- Gross operating margin +€342,709
up €342,709 (+217.6%), from €157,476 to €500,184
- Taxes +€108,245
up €108,245 (+360.9%), from €29,990 to €138,235
- Depreciation +€19,299
up €19,299 (+32.8%), from €58,807 to €78,106
From the 2011 result to the 2012 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €587,295 | €903,398 | +€316,103 | +53.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €543,627 | €733,669 | +€190,042 | +35.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €539,120 | €693,114 | +€153,994 | +28.6% |
| Financial fixed assets | 28 | €4,507 | €40,555 | +€36,048 | +799.9% |
| Current assets | 29/58 | €113,783 | €169,729 | +€55,946 | +49.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €83,558 | €89,925 | +€6,366 | +7.6% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €30,225 | €77,433 | +€47,209 | +156.2% |
| Total equity and liabilities | 10/49 | €587,295 | €903,398 | +€316,103 | +53.8% |
| Equity | 10/15 | €182,914 | €445,180 | +€262,266 | +143.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €131,478 | €432,478 | +€301,000 | +228.9% |
| Profit (loss) carried forward | 14 | €41,994 | €39,036 | -€2,958 | -7.0% |
| Provisions and deferred taxes | 16 | €40,425 | €34,352 | -€6,072 | -15.0% |
| Amounts payable | 17/49 | €370,029 | €430,333 | +€60,304 | +16.3% |
| Amounts payable after more than one year | 17 | €321,857 | €355,617 | +€33,760 | +10.5% |
| Amounts payable within one year | 42/48 | €47,812 | €74,378 | +€26,566 | +55.6% |
| Trade debts | 44 | €14,843 | €14,843 | = | 0.0% |
| Turnover | 70 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,807 | €78,106 | +€19,299 | +32.8% |
| Gross operating margin | 9900 | €157,476 | €500,184 | +€342,709 | +217.6% |
| Operating profit (loss) | 9901 | €106,631 | €418,528 | +€311,897 | +292.5% |
| Recurring financial income | 75 | €763 | €954 | +€191 | +25.0% |
| Recurring financial charges | 65 | €19,578 | €19,578 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €87,984 | €400,501 | +€312,517 | +355.2% |
| Income taxes | 67/77 | €29,990 | €138,235 | +€108,245 | +360.9% |
| Profit (loss) for the period | 9904 | €57,994 | €262,266 | +€204,272 | +352.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,994 | €262,266 | +€204,272 | +352.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.