FAMO: 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.
FAMO
Largest movements
- Stocks and contracts +€15,481
up €15,481 (+40.6%), from €38,144 to €53,626
- Cash -€12,548
down €12,548 (-63.9%), from €19,634 to €7,087
mainly Contributions, distributions and other (-€24,000) and Stocks and contracts (-€15,481)
- Receivables within one year +€6,798
up €6,798 (+37.0%), from €18,388 to €25,186
of which Other amounts receivable: +€5,516
- Tangible fixed assets -€2,882
down €2,882 (-15.7%), from €18,390 to €15,508
of which Plant, machinery and equipment: -€2,030
- Other debts -€11,000
down €11,000 (-31.4%), from €35,000 to €24,000
- Reserves +€7,885
up €7,885 (+36.0%), from €21,887 to €29,772
- Tax, wage and social debts +€5,529
up €5,529 (+66.4%), from €8,323 to €13,853
- Short-term financial debts +€2,338
new in 2025: €2,338
- Trade debts +€1,982
up €1,982 (+12.4%), from €15,973 to €17,955
- Gross operating margin -€19,981
down €19,981 (-23.6%), from €84,683 to €64,702
- Write-downs +€8,231
up €8,231 (+226.4%), from €3,636 to €11,867
- Staff costs -€2,397
down €2,397 (-27.1%), from €8,861 to €6,464
- Financial charges -€1,276
down €1,276 (-43.9%), from €2,904 to €1,628
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 | €99,786 | €106,518 | +€6,732 | +6.7% |
| Fixed assets | 21/28 | €22,290 | €19,408 | -€2,882 | -12.9% |
| Tangible fixed assets | 22/27 | €18,390 | €15,508 | -€2,882 | -15.7% |
| Plant, machinery and equipment | 23 | €3,627 | €1,598 | -€2,030 | -56.0% |
| Furniture and vehicles | 24 | €14,762 | €13,910 | -€852 | -5.8% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €77,496 | €87,110 | +€9,614 | +12.4% |
| Stocks and contracts in progress | 3 | €38,144 | €53,626 | +€15,481 | +40.6% |
| Stocks | 30/36 | €38,144 | €53,626 | +€15,481 | +40.6% |
| Amounts receivable within one year | 40/41 | €18,388 | €25,186 | +€6,798 | +37.0% |
| Trade receivables | 40 | - | €1,283 | +€1,283 | |
| Other amounts receivable | 41 | €18,388 | €23,904 | +€5,516 | +30.0% |
| Cash at bank and in hand | 54/58 | €19,634 | €7,087 | -€12,548 | -63.9% |
| Deferred charges and accrued income | 490/1 | €1,330 | €1,212 | -€119 | -8.9% |
| Total equity and liabilities | 10/49 | €99,786 | €106,518 | +€6,732 | +6.7% |
| Equity | 10/15 | €40,487 | €48,372 | +€7,885 | +19.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,887 | €29,772 | +€7,885 | +36.0% |
| Distributable reserves | 133 | €21,887 | €29,772 | +€7,885 | +36.0% |
| Amounts payable | 17/49 | €59,299 | €58,146 | -€1,153 | -1.9% |
| Amounts payable within one year | 42/48 | €59,296 | €58,146 | -€1,150 | -1.9% |
| Financial debts | 43 | - | €2,338 | +€2,338 | |
| Credit institutions | 430/8 | - | €2,338 | +€2,338 | |
| Trade debts | 44 | €15,973 | €17,955 | +€1,982 | +12.4% |
| Suppliers | 440/4 | €15,973 | €17,955 | +€1,982 | +12.4% |
| Taxes, remuneration and social security | 45 | €8,323 | €13,853 | +€5,529 | +66.4% |
| Taxes | 450/3 | €8,323 | €13,853 | +€5,529 | +66.4% |
| Other amounts payable | 47/48 | €35,000 | €24,000 | -€11,000 | -31.4% |
| Accrued charges and deferred income | 492/3 | €3 | - | -€3 | |
| Remuneration, social security and pensions | 62 | €8,861 | €6,464 | -€2,397 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,356 | €6,650 | +€294 | +4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,636 | €11,867 | +€8,231 | +226.4% |
| Other operating charges | 640/8 | €2,253 | €2,403 | +€150 | +6.7% |
| Gross operating margin | 9900 | €84,683 | €64,702 | -€19,981 | -23.6% |
| Operating profit (loss) | 9901 | €63,576 | €37,317 | -€26,259 | -41.3% |
| Financial income | 75/76B | €415 | €978 | +€563 | +135.7% |
| Recurring financial income | 75 | €415 | €978 | +€563 | +135.7% |
| Financial charges | 65/66B | €2,904 | €1,628 | -€1,276 | -43.9% |
| Recurring financial charges | 65 | €2,904 | €1,628 | -€1,276 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €61,087 | €36,667 | -€24,420 | -40.0% |
| Income taxes | 67/77 | €4,076 | €4,782 | +€706 | +17.3% |
| Profit (loss) for the period | 9904 | €57,011 | €31,885 | -€25,126 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,011 | €31,885 | -€25,126 | -44.1% |
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 10 October 2026 via checked.be.