FAMOR: 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
FAMOR
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€10,857
2024 · €30,029-€40,885
Equity
€8.9m
2024 · €8.9m-€10,857
Cash
€228,806
2024 · €134,157+€94,648
Balance sheet total
€9.4m
2024 · €9.5m-€85,835
Largest movements
Assets
- Tangible fixed assets -€186,995
down €186,995 (-2.2%), from €8.5m to €8.4m
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial charges +€36,486
up €36,486, from -€29,888 to €6,597
- Gross operating margin -€22,988
down €22,988 (-10.1%), from €228,636 to €205,648
- Taxes -€2,997
down €2,997 (-97.4%), from €3,076 to €79
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
€30,029
Gross operating margin
-€22,988
Other operating charges
-€366
Other operating items
+€16,169
Financial income
-€212
Financial charges
-€36,486
Taxes
+€2,997
Result 2025
-€10,857
raises the resultlowers the resultnot broken down further in the accounts
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
+€171,669
Investment
-€3,291
Financing
-€73,730
Cash 2024
€134,157
From operations (derived)
+€171,669
Net result for the year
-€10,857
Depreciation
+€186,995
Receivables within one year
-€3,000
Smaller working-capital items
+€7
Tax, wage and social debts
-€1,953
Accrued charges and deferred income
+€476
Investment (derived)
-€3,291
Current investments
-€3,291
Financing
-€73,730
Debts after one year
-€74,602
Current portion of long-term debt
+€873
Cash 2025
€228,806
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,509,167 | €9,423,333 | -€85,835 | -0.9% |
| Fixed assets | 21/28 | €8,537,666 | €8,350,671 | -€186,995 | -2.2% |
| Tangible fixed assets | 22/27 | €8,537,666 | €8,350,671 | -€186,995 | -2.2% |
| Land and buildings | 22 | €8,537,666 | €8,350,671 | -€186,995 | -2.2% |
| Current assets | 29/58 | €971,501 | €1,072,662 | +€101,160 | +10.4% |
| Amounts receivable within one year | 40/41 | €12,000 | €15,000 | +€3,000 | +25.0% |
| Trade receivables | 40 | €12,000 | €15,000 | +€3,000 | +25.0% |
| Current investments | 50/53 | €821,513 | €824,805 | +€3,291 | +0.4% |
| Cash at bank and in hand | 54/58 | €134,157 | €228,806 | +€94,648 | +70.5% |
| Deferred charges and accrued income | 490/1 | €3,831 | €4,052 | +€221 | +5.8% |
| Total equity and liabilities | 10/49 | €9,509,167 | €9,423,333 | -€85,835 | -0.9% |
| Equity | 10/15 | €8,889,224 | €8,878,367 | -€10,857 | -0.1% |
| Contributions | 10/11 | €8,265,000 | €8,265,000 | = | 0.0% |
| Reserves | 13 | €624,224 | €624,224 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,698 | €20,698 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,698 | €20,698 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,326 | €8,326 | = | 0.0% |
| Distributable reserves | 133 | €595,199 | €595,199 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,857 | -€10,857 | |
| Amounts payable | 17/49 | €619,944 | €544,966 | -€74,978 | -12.1% |
| Amounts payable after more than one year | 17 | €514,338 | €439,735 | -€74,602 | -14.5% |
| Financial debts | 170/4 | €514,338 | €439,735 | -€74,602 | -14.5% |
| Amounts payable within one year | 42/48 | €93,346 | €92,495 | -€852 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €73,730 | €74,602 | +€873 | +1.2% |
| Trade debts | 44 | €74 | €246 | +€172 | +233% |
| Suppliers | 440/4 | €74 | €246 | +€172 | +233% |
| Taxes, remuneration and social security | 45 | €2,023 | €70 | -€1,953 | -96.5% |
| Taxes | 450/3 | €2,023 | €70 | -€1,953 | -96.5% |
| Other amounts payable | 47/48 | €17,520 | €17,576 | +€56 | +0.3% |
| Accrued charges and deferred income | 492/3 | €12,260 | €12,736 | +€476 | +3.9% |
| Non-recurring operating income | 76A | €18,484 | - | -€18,484 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,995 | €186,995 | = | 0.0% |
| Other operating charges | 640/8 | €25,768 | €26,135 | +€366 | +1.4% |
| Non-recurring operating charges | 66A | €16,169 | - | -€16,169 | |
| Gross operating margin | 9900 | €228,636 | €205,648 | -€22,988 | -10.1% |
| Operating profit (loss) | 9901 | -€296 | -€7,481 | -€7,185 | -2,430% |
| Financial income | 75/76B | €3,512 | €3,300 | -€212 | -6.0% |
| Recurring financial income | 75 | €3,512 | €3,300 | -€212 | -6.0% |
| Financial charges | 65/66B | -€29,888 | €6,597 | +€36,486 | |
| Recurring financial charges | 65 | -€29,888 | €6,597 | +€36,486 | |
| Profit (loss) for the period before taxes | 9903 | €33,105 | -€10,778 | -€43,883 | |
| Income taxes | 67/77 | €3,076 | €79 | -€2,997 | -97.4% |
| Profit (loss) for the period | 9904 | €30,029 | -€10,857 | -€40,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,029 | -€10,857 | -€40,885 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.