FAMMO: 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.
FAMMO
Largest movements
- Financial fixed assets +€116,175
up €116,175 (+51.1%), from €227,250 to €343,425
- Cash +€7,611
up €7,611 (+1264.3%), from €602 to €8,213
mainly Debts after one year (+€110,000) and Other debts (+€16,999)
- Receivables within one year +€7,500
new in 2025: €7,500
- Debts after one year +€110,000
up €110,000 (+78.6%), from €140,000 to €250,000
- Other debts +€16,999
up €16,999 (+19.0%), from €89,624 to €106,623
- Profit (loss) carried forward +€3,612
up €3,612 (+78.4%), from -€4,605 to -€993
- Gross operating margin +€7,474
up €7,474, from -€548 to €6,926
- Other operating charges -€384
down €384 (-72.7%), from €528 to €144
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.
Cash bridge derived
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 | €228,019 | €359,138 | +€131,119 | +57.5% |
| Formation expenses | 20 | €167 | - | -€167 | |
| Fixed assets | 21/28 | €227,250 | €343,425 | +€116,175 | +51.1% |
| Financial fixed assets | 28 | €227,250 | €343,425 | +€116,175 | +51.1% |
| Current assets | 29/58 | €602 | €15,713 | +€15,111 | +2510.1% |
| Amounts receivable within one year | 40/41 | - | €7,500 | +€7,500 | |
| Trade receivables | 40 | - | €7,500 | +€7,500 | |
| Cash at bank and in hand | 54/58 | €602 | €8,213 | +€7,611 | +1264.3% |
| Total equity and liabilities | 10/49 | €228,019 | €359,138 | +€131,119 | +57.5% |
| Equity | 10/15 | -€1,605 | €2,007 | +€3,612 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,605 | -€993 | +€3,612 | +78.4% |
| Amounts payable | 17/49 | €229,624 | €357,131 | +€127,507 | +55.5% |
| Amounts payable after more than one year | 17 | €140,000 | €250,000 | +€110,000 | +78.6% |
| Financial debts | 170/4 | €140,000 | €250,000 | +€110,000 | +78.6% |
| Amounts payable within one year | 42/48 | €89,624 | €107,131 | +€17,507 | +19.5% |
| Trade debts | 44 | - | €508 | +€508 | |
| Suppliers | 440/4 | - | €508 | +€508 | |
| Other amounts payable | 47/48 | €89,624 | €106,623 | +€16,999 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174 | €167 | -€7 | -4.0% |
| Other operating charges | 640/8 | €528 | €144 | -€384 | -72.7% |
| Gross operating margin | 9900 | -€548 | €6,926 | +€7,474 | |
| Operating profit (loss) | 9901 | -€1,250 | €6,615 | +€7,865 | |
| Financial charges | 65/66B | €2,996 | €3,003 | +€7 | +0.2% |
| Recurring financial charges | 65 | €2,996 | €3,003 | +€7 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,246 | €3,612 | +€7,858 | |
| Profit (loss) for the period | 9904 | -€4,246 | €3,612 | +€7,858 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,246 | €3,612 | +€7,858 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.