FASSIMMO: 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.
FASSIMMO
Largest movements
- Receivables after one year -€27,460
down €27,460 (-100.0%), from €27,460 to €0
- Tangible fixed assets -€11,229
down €11,229 (-56.8%), from €19,756 to €8,527
of which Furniture and vehicles: -€10,929
- Receivables within one year +€5,025
up €5,025 (+3.6%), from €138,810 to €143,836
of which Trade receivables: +€4,750
- Cash -€4,953
down €4,953 (-21.6%), from €22,935 to €17,983
mainly Other debts (-€28,028) and Net result for the year (-€14,402)
- Other debts -€28,028
down €28,028 (-97.0%), from €28,905 to €878
- Profit (loss) carried forward -€14,402
down €14,402 (-29.5%), from €48,875 to €34,473
- Tax, wage and social debts +€7,555
up €7,555 (+33.8%), from €22,335 to €29,890
of which Remuneration and social security: +€8,957
- Current portion of long-term debt -€2,306
down €2,306 (-100.0%), from €2,306 to €0
- Gross operating margin +€117,410
up €117,410 (+405.4%), from €28,962 to €146,372
- Staff costs +€77,767
up €77,767 (+113.3%), from €68,653 to €146,420
- Depreciation +€4,890
up €4,890 (+77.2%), from €6,338 to €11,229
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 | €213,564 | €176,554 | -€37,010 | -17.3% |
| Fixed assets | 21/28 | €19,756 | €8,527 | -€11,229 | -56.8% |
| Tangible fixed assets | 22/27 | €19,756 | €8,527 | -€11,229 | -56.8% |
| Land and buildings | 22 | €2,400 | €2,100 | -€300 | -12.5% |
| Furniture and vehicles | 24 | €17,356 | €6,427 | -€10,929 | -63.0% |
| Current assets | 29/58 | €193,809 | €168,028 | -€25,781 | -13.3% |
| Amounts receivable after more than one year | 29 | €27,460 | €0 | -€27,460 | -100.0% |
| Other amounts receivable | 291 | €27,460 | €0 | -€27,460 | -100.0% |
| Amounts receivable within one year | 40/41 | €138,810 | €143,836 | +€5,025 | +3.6% |
| Trade receivables | 40 | €21,036 | €25,785 | +€4,750 | +22.6% |
| Other amounts receivable | 41 | €117,775 | €118,050 | +€276 | +0.2% |
| Current investments | 50/53 | €2,196 | €2,196 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,935 | €17,983 | -€4,953 | -21.6% |
| Deferred charges and accrued income | 490/1 | €2,407 | €4,014 | +€1,606 | +66.7% |
| Total equity and liabilities | 10/49 | €213,564 | €176,554 | -€37,010 | -17.3% |
| Equity | 10/15 | €145,810 | €131,408 | -€14,402 | -9.9% |
| Contributions | 10/11 | €76,600 | €76,600 | = | 0.0% |
| Reserves | 13 | €20,335 | €20,335 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,660 | €7,660 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,660 | €7,660 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,065 | €4,065 | = | 0.0% |
| Distributable reserves | 133 | €8,609 | €8,609 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,875 | €34,473 | -€14,402 | -29.5% |
| Amounts payable | 17/49 | €67,754 | €45,147 | -€22,608 | -33.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €67,754 | €45,147 | -€22,608 | -33.4% |
| Current portion of amounts payable after more than one year | 42 | €2,306 | €0 | -€2,306 | -100.0% |
| Financial debts | 43 | €0 | €1,822 | +€1,822 | |
| Credit institutions | 430/8 | €0 | €1,822 | +€1,822 | |
| Trade debts | 44 | €14,208 | €12,557 | -€1,651 | -11.6% |
| Suppliers | 440/4 | €14,208 | €12,557 | -€1,651 | -11.6% |
| Taxes, remuneration and social security | 45 | €22,335 | €29,890 | +€7,555 | +33.8% |
| Taxes | 450/3 | €6,033 | €4,630 | -€1,402 | -23.2% |
| Remuneration and social security | 454/9 | €16,303 | €25,260 | +€8,957 | +54.9% |
| Other amounts payable | 47/48 | €28,905 | €878 | -€28,028 | -97.0% |
| Non-recurring operating income | 76A | €1,116 | €0 | -€1,116 | -100.0% |
| Remuneration, social security and pensions | 62 | €68,653 | €146,420 | +€77,767 | +113.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,338 | €11,229 | +€4,890 | +77.2% |
| Other operating charges | 640/8 | €2,391 | €1,272 | -€1,119 | -46.8% |
| Non-recurring operating charges | 66A | €32,478 | €0 | -€32,478 | -100.0% |
| Gross operating margin | 9900 | €28,962 | €146,372 | +€117,410 | +405.4% |
| Operating profit (loss) | 9901 | -€80,898 | -€12,549 | +€68,349 | +84.5% |
| Financial income | 75/76B | €441 | €106 | -€335 | -76.0% |
| Recurring financial income | 75 | €441 | €106 | -€335 | -76.0% |
| Financial charges | 65/66B | €2,661 | €1,515 | -€1,146 | -43.1% |
| Recurring financial charges | 65 | €2,661 | €1,515 | -€1,146 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | -€83,118 | -€13,958 | +€69,161 | +83.2% |
| Income taxes | 67/77 | €548 | €445 | -€103 | -18.9% |
| Profit (loss) for the period | 9904 | -€83,666 | -€14,402 | +€69,264 | +82.8% |
| Transfer from tax-exempt reserves | 789 | €87,500 | €0 | -€87,500 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,834 | -€14,402 | -€18,236 |
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 4 October 2026 via checked.be.