FAMGLAS: what changed
What changed
FAMGLAS
NACE 43.343, Specialised construction activities
filed annual accounts (NBB)
Net result for the year
€137,684
2024 · €148,828-€11,145
Equity
€252,067
2024 · €249,383+€2,684
Cash
€209,201
2024 · €54,007+€155,194
Balance sheet total
€674,745
2024 · €617,478+€57,267
Largest movements
Assets
- Cash +€155,194
up €155,194 (+287%), from €54,007 to €209,201
mainly Net result for the year (+€137,684) and Receivables within one year (+€123,760)
- Receivables within one year -€123,760
down €123,760 (-31.8%), from €388,756 to €264,996
of which Other amounts receivable: -€86,985
- Tangible fixed assets +€13,984
up €13,984 (+20.8%), from €67,112 to €81,097
of which Furniture and vehicles: +€14,657
- Stocks and contracts +€8,338
up €8,338 (+8.3%), from €101,000 to €109,338
Equity and liabilities
- Trade debts +€36,483
up €36,483 (+51.3%), from €71,115 to €107,599
- Short-term financial debts -€23,629
no longer reported in 2025 (was €23,629)
- Advances received +€20,698
up €20,698 (+70.1%), from €29,506 to €50,204
- Other debts -€13,000
down €13,000 (-8.2%), from €157,965 to €144,965
- Accrued charges and deferred income +€11,359
up €11,359 (+379%), from €3,000 to €14,359
Income statement
- Staff costs +€23,742
up €23,742 (+8.6%), from €275,816 to €299,558
- Other operating charges -€8,112
down €8,112 (-50.9%), from €15,922 to €7,810
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€148,828
Gross operating margin
+€1,139
Staff costs
-€23,742
Depreciation
+€2,500
Write-downs
-€3,059
Other operating charges
+€8,112
Other operating items
+€28
Financial income
-€2,029
Financial charges
+€1,382
Taxes
+€4,524
Result 2025
€137,684
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€328,430
Investment
-€31,555
Financing
-€141,682
Cash 2024
€54,007
From operations (derived)
+€328,430
Net result for the year
+€137,684
Depreciation
+€17,570
Stocks and contracts
-€8,338
Receivables within one year
+€123,760
Deferred charges and accrued income
-€3,511
Trade debts
+€36,483
Tax, wage and social debts
+€5,725
Advances received
+€20,698
Other debts
-€13,000
Accrued charges and deferred income
+€11,359
Investment (derived)
-€31,555
Investment in fixed assets (net)
-€31,555
Financing
-€141,682
Debts after one year
+€8,995
Current portion of long-term debt
+€7,952
Short-term financial debts
-€23,629
Contributions, distributions and other
-€135,000
Cash 2025
€209,201
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €617,478 | €674,745 | +€57,267 | +9.3% |
| Fixed assets | 21/28 | €67,112 | €81,097 | +€13,984 | +20.8% |
| Tangible fixed assets | 22/27 | €67,112 | €81,097 | +€13,984 | +20.8% |
| Plant, machinery and equipment | 23 | €1,322 | €881 | -€441 | -33.3% |
| Furniture and vehicles | 24 | €65,506 | €80,163 | +€14,657 | +22.4% |
| Other tangible fixed assets | 26 | €285 | €52 | -€233 | -81.7% |
| Current assets | 29/58 | €550,366 | €593,648 | +€43,283 | +7.9% |
| Stocks and contracts in progress | 3 | €101,000 | €109,338 | +€8,338 | +8.3% |
| Stocks | 30/36 | €101,000 | €109,338 | +€8,338 | +8.3% |
| Amounts receivable within one year | 40/41 | €388,756 | €264,996 | -€123,760 | -31.8% |
| Trade receivables | 40 | €202,612 | €165,837 | -€36,775 | -18.2% |
| Other amounts receivable | 41 | €186,144 | €99,160 | -€86,985 | -46.7% |
| Cash at bank and in hand | 54/58 | €54,007 | €209,201 | +€155,194 | +287% |
| Deferred charges and accrued income | 490/1 | €6,603 | €10,114 | +€3,511 | +53.2% |
| Total equity and liabilities | 10/49 | €617,478 | €674,745 | +€57,267 | +9.3% |
| Equity | 10/15 | €249,383 | €252,067 | +€2,684 | +1.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €187,383 | €190,067 | +€2,684 | +1.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €181,183 | €183,867 | +€2,684 | +1.5% |
| Amounts payable | 17/49 | €368,095 | €422,678 | +€54,583 | +14.8% |
| Amounts payable after more than one year | 17 | €45,253 | €54,249 | +€8,995 | +19.9% |
| Financial debts | 170/4 | €45,253 | €54,249 | +€8,995 | +19.9% |
| Amounts payable within one year | 42/48 | €319,842 | €354,071 | +€34,229 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €13,355 | €21,308 | +€7,952 | +59.5% |
| Financial debts | 43 | €23,629 | - | -€23,629 | |
| Credit institutions | 430/8 | €23,629 | - | -€23,629 | |
| Trade debts | 44 | €71,115 | €107,599 | +€36,483 | +51.3% |
| Suppliers | 440/4 | €71,115 | €107,599 | +€36,483 | +51.3% |
| Advances received on contracts in progress | 46 | €29,506 | €50,204 | +€20,698 | +70.1% |
| Taxes, remuneration and social security | 45 | €24,270 | €29,995 | +€5,725 | +23.6% |
| Taxes | 450/3 | €9,494 | €4,989 | -€4,505 | -47.5% |
| Remuneration and social security | 454/9 | €14,776 | €25,006 | +€10,230 | +69.2% |
| Other amounts payable | 47/48 | €157,965 | €144,965 | -€13,000 | -8.2% |
| Accrued charges and deferred income | 492/3 | €3,000 | €14,359 | +€11,359 | +379% |
| Remuneration, social security and pensions | 62 | €275,816 | €299,558 | +€23,742 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,070 | €17,570 | -€2,500 | -12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,059 | - | +€3,059 | |
| Other operating charges | 640/8 | €15,922 | €7,810 | -€8,112 | -50.9% |
| Non-recurring operating charges | 66A | €28 | - | -€28 | |
| Gross operating margin | 9900 | €516,804 | €517,943 | +€1,139 | +0.2% |
| Operating profit (loss) | 9901 | €208,026 | €193,004 | -€15,022 | -7.2% |
| Financial income | 75/76B | €3,471 | €1,443 | -€2,029 | -58.4% |
| Recurring financial income | 75 | €3,471 | €1,443 | -€2,029 | -58.4% |
| Financial charges | 65/66B | €11,415 | €10,033 | -€1,382 | -12.1% |
| Recurring financial charges | 65 | €11,415 | €10,033 | -€1,382 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €200,082 | €184,413 | -€15,669 | -7.8% |
| Income taxes | 67/77 | €51,254 | €46,729 | -€4,524 | -8.8% |
| Profit (loss) for the period | 9904 | €148,828 | €137,684 | -€11,145 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €148,828 | €137,684 | -€11,145 | -7.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.