FAMUSE: 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.
FAMUSE
Largest movements
- Receivables within one year +€6,595
up €6,595 (+617%), from €1,070 to €7,664
of which Trade receivables: +€6,648
- Cash -€4,288
down €4,288 (-23.0%), from €18,658 to €14,370
mainly Receivables within one year (-€6,595) and Other debts (-€1,016)
- Tangible fixed assets -€2,353
down €2,353 (-55.4%), from €4,245 to €1,892
- Tax, wage and social debts +€2,069
new in 2025: €2,069
- Other debts -€1,016
down €1,016 (-36.3%), from €2,797 to €1,781
- Profit (loss) carried forward -€712
down €712 (-20.1%), from -€3,537 to -€4,249
- Trade debts -€387
no longer reported in 2025 (was €387)
- Taxes -€1,707
no longer reported in 2025 (was €1,707)
- Gross operating margin +€383
up €383 (+19.4%), from €1,971 to €2,355
- Financial charges +€149
up €149 (+122%), from €122 to €272
- Other operating charges +€125
up €125 (+32.2%), from €387 to €512
- Financial income +€67
up €67 (+2,239%), from €3 to €70
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,160 | €24,113 | -€47 | -0.2% |
| Fixed assets | 21/28 | €4,245 | €1,892 | -€2,353 | -55.4% |
| Tangible fixed assets | 22/27 | €4,245 | €1,892 | -€2,353 | -55.4% |
| Other tangible fixed assets | 26 | €4,245 | €1,892 | -€2,353 | -55.4% |
| Current assets | 29/58 | €19,915 | €22,222 | +€2,306 | +11.6% |
| Amounts receivable within one year | 40/41 | €1,070 | €7,664 | +€6,595 | +617% |
| Trade receivables | 40 | €1,016 | €7,664 | +€6,648 | +654% |
| Other amounts receivable | 41 | €53 | - | -€53 | |
| Cash at bank and in hand | 54/58 | €18,658 | €14,370 | -€4,288 | -23.0% |
| Deferred charges and accrued income | 490/1 | €187 | €187 | = | 0.0% |
| Total equity and liabilities | 10/49 | €24,160 | €24,113 | -€47 | -0.2% |
| Equity | 10/15 | €20,975 | €20,264 | -€712 | -3.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,000 | €4,000 | = | 0.0% |
| Other | 1109/19 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €20,513 | €20,513 | = | 0.0% |
| Distributable reserves | 133 | €20,513 | €20,513 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,537 | -€4,249 | -€712 | -20.1% |
| Amounts payable | 17/49 | €3,185 | €3,850 | +€665 | +20.9% |
| Amounts payable within one year | 42/48 | €3,185 | €3,850 | +€665 | +20.9% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | - | €2,069 | +€2,069 | |
| Taxes | 450/3 | - | €2,069 | +€2,069 | |
| Other amounts payable | 47/48 | €2,797 | €1,781 | -€1,016 | -36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,353 | €2,353 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €512 | +€125 | +32.2% |
| Gross operating margin | 9900 | €1,971 | €2,355 | +€383 | +19.4% |
| Operating profit (loss) | 9901 | -€769 | -€510 | +€258 | +33.6% |
| Financial income | 75/76B | €3 | €70 | +€67 | +2,239% |
| Recurring financial income | 75 | €3 | €70 | +€67 | +2,239% |
| Financial charges | 65/66B | €122 | €272 | +€149 | +122% |
| Recurring financial charges | 65 | €122 | €272 | +€149 | +122% |
| Profit (loss) for the period before taxes | 9903 | -€888 | -€712 | +€177 | +19.9% |
| Income taxes | 67/77 | €1,707 | - | -€1,707 | |
| Profit (loss) for the period | 9904 | -€2,596 | -€712 | +€1,884 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,596 | -€712 | +€1,884 | +72.6% |
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 18 October 2026 via checked.be.