FAMKA: 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.
What changed
FAMKA
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€81,429
2024 · €23,594+€57,835
Equity
€965,894
2024 · €909,484+€56,409
Cash
€31,531
2024 · €26,566+€4,965
Balance sheet total
€1.2m
2024 · €1.2m+€68,230
Largest movements
Assets
- Current investments +€382,756
up €382,756 (+69.7%), from €549,099 to €931,854
- Receivables after one year -€246,100
no longer reported in 2025 (was €246,100)
- Receivables within one year -€55,548
down €55,548 (-68.3%), from €81,327 to €25,779
- Tangible fixed assets -€17,861
down €17,861 (-7.1%), from €251,244 to €233,383
Equity and liabilities
- Reserves +€56,409
up €56,409 (+10.8%), from €522,263 to €578,673
of which Distributable reserves: +€57,192
Income statement
- Gross operating margin +€46,902
up €46,902 (+80.9%), from €57,973 to €104,875
- Financial income +€31,216
up €31,216 (+140%), from €22,296 to €53,513
- Taxes +€16,437
up €16,437 (+190%), from €8,662 to €25,098
- Financial charges +€3,364
up €3,364 (+23.9%), from €14,081 to €17,445
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.
Result 2024
€23,594
Gross operating margin
+€46,902
Other operating charges
-€483
Financial income
+€31,216
Financial charges
-€3,364
Taxes
-€16,437
Result 2025
€81,429
raises the resultlowers the result
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.
From operations
+€412,276
Investment
-€382,756
Financing
-€24,556
Cash 2024
€26,566
From operations (derived)
+€412,276
Net result for the year
+€81,429
Depreciation
+€17,861
Receivables after one year
+€246,100
Receivables within one year
+€55,548
Smaller working-capital items
-€405
Tax, wage and social debts
+€5,516
Other debts
+€9,910
Accrued charges and deferred income
-€3,683
Investment (derived)
-€382,756
Current investments
-€382,756
Financing
-€24,556
Debts after one year
+€464
Contributions, distributions and other
-€25,020
Cash 2025
€31,531
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,154,522 | €1,222,752 | +€68,230 | +5.9% |
| Fixed assets | 21/28 | €251,244 | €233,383 | -€17,861 | -7.1% |
| Tangible fixed assets | 22/27 | €251,244 | €233,383 | -€17,861 | -7.1% |
| Land and buildings | 22 | €251,244 | €233,383 | -€17,861 | -7.1% |
| Current assets | 29/58 | €903,278 | €989,369 | +€86,091 | +9.5% |
| Amounts receivable after more than one year | 29 | €246,100 | - | -€246,100 | |
| Other amounts receivable | 291 | €246,100 | - | -€246,100 | |
| Amounts receivable within one year | 40/41 | €81,327 | €25,779 | -€55,548 | -68.3% |
| Other amounts receivable | 41 | €81,327 | €25,779 | -€55,548 | -68.3% |
| Current investments | 50/53 | €549,099 | €931,854 | +€382,756 | +69.7% |
| Cash at bank and in hand | 54/58 | €26,566 | €31,531 | +€4,965 | +18.7% |
| Deferred charges and accrued income | 490/1 | €187 | €205 | +€18 | +9.6% |
| Total equity and liabilities | 10/49 | €1,154,522 | €1,222,752 | +€68,230 | +5.9% |
| Equity | 10/15 | €909,484 | €965,894 | +€56,409 | +6.2% |
| Contributions | 10/11 | €387,203 | €387,203 | = | 0.0% |
| Capital | 10 | €316,730 | €316,730 | = | 0.0% |
| Issued capital | 100 | €316,730 | €316,730 | = | 0.0% |
| Contributions outside capital | 11 | €70,473 | €70,473 | = | 0.0% |
| Share premium | 1100/10 | €70,473 | €70,473 | = | 0.0% |
| Reserves | 13 | €522,263 | €578,673 | +€56,409 | +10.8% |
| Non-distributable reserves | 130/1 | €53,183 | €53,183 | = | 0.0% |
| Legal reserve | 130 | €53,183 | €53,183 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,363 | €7,580 | -€782 | -9.4% |
| Distributable reserves | 133 | €460,717 | €517,909 | +€57,192 | +12.4% |
| Profit (loss) carried forward | 14 | €18 | €18 | = | 0.0% |
| Provisions and deferred taxes | 16 | €2,788 | €2,527 | -€261 | -9.4% |
| Deferred taxes | 168 | €2,788 | €2,527 | -€261 | -9.4% |
| Amounts payable | 17/49 | €242,250 | €254,331 | +€12,081 | +5.0% |
| Amounts payable after more than one year | 17 | €192,923 | €193,387 | +€464 | +0.2% |
| Financial debts | 170/4 | €192,923 | €193,387 | +€464 | +0.2% |
| Amounts payable within one year | 42/48 | €23,544 | €38,844 | +€15,300 | +65.0% |
| Trade debts | 44 | €126 | - | -€126 | |
| Suppliers | 440/4 | €126 | - | -€126 | |
| Taxes, remuneration and social security | 45 | €8,309 | €13,825 | +€5,516 | +66.4% |
| Taxes | 450/3 | €8,309 | €13,825 | +€5,516 | +66.4% |
| Other amounts payable | 47/48 | €15,110 | €25,020 | +€9,910 | +65.6% |
| Accrued charges and deferred income | 492/3 | €25,783 | €22,099 | -€3,683 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,861 | €17,861 | = | 0.0% |
| Other operating charges | 640/8 | €16,332 | €16,814 | +€483 | +3.0% |
| Gross operating margin | 9900 | €57,973 | €104,875 | +€46,902 | +80.9% |
| Operating profit (loss) | 9901 | €23,780 | €70,200 | +€46,419 | +195% |
| Financial income | 75/76B | €22,296 | €53,513 | +€31,216 | +140% |
| Recurring financial income | 75 | €22,296 | €53,513 | +€31,216 | +140% |
| Financial charges | 65/66B | €14,081 | €17,445 | +€3,364 | +23.9% |
| Recurring financial charges | 65 | €14,081 | €17,445 | +€3,364 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €31,995 | €106,267 | +€74,272 | +232% |
| Transfer from deferred taxes | 780 | €261 | €261 | = | 0.0% |
| Income taxes | 67/77 | €8,662 | €25,098 | +€16,437 | +190% |
| Profit (loss) for the period | 9904 | €23,594 | €81,429 | +€57,835 | +245% |
| Transfer from tax-exempt reserves | 789 | €782 | €782 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,377 | €82,211 | +€57,835 | +237% |
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 14 October 2026 via checked.be.