FCMG: 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.
FCMG
Largest movements
- Cash +€28,482
up €28,482 (+86.9%), from €32,784 to €61,266
mainly Net result for the year (+€45,005) and Other debts (+€39,607)
- Receivables within one year +€18,297
up €18,297 (+130.5%), from €14,015 to €32,312
of which Other amounts receivable: +€17,447
- Tangible fixed assets -€7,558
down €7,558 (-26.1%), from €28,919 to €21,361
of which Furniture and vehicles: -€7,428
- Other debts +€39,607
up €39,607 (+10069.1%), from €393 to €40,000
- Debts after one year -€6,630
down €6,630 (-38.6%), from €17,188 to €10,557
- Profit (loss) carried forward +€5,005
up €5,005 (+13.6%), from €36,902 to €41,907
- Tax, wage and social debts +€2,489
up €2,489 (+22.2%), from €11,224 to €13,713
- Trade debts -€1,551
down €1,551 (-76.0%), from €2,041 to €490
- Gross operating margin +€18,136
up €18,136 (+36.2%), from €50,106 to €68,242
- Taxes +€3,288
up €3,288 (+31.9%), from €10,296 to €13,584
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 | €76,070 | €115,298 | +€39,228 | +51.6% |
| Fixed assets | 21/28 | €28,919 | €21,361 | -€7,558 | -26.1% |
| Tangible fixed assets | 22/27 | €28,919 | €21,361 | -€7,558 | -26.1% |
| Furniture and vehicles | 24 | €27,652 | €20,224 | -€7,428 | -26.9% |
| Other tangible fixed assets | 26 | €1,267 | €1,137 | -€130 | -10.3% |
| Current assets | 29/58 | €47,151 | €93,937 | +€46,786 | +99.2% |
| Amounts receivable within one year | 40/41 | €14,015 | €32,312 | +€18,297 | +130.5% |
| Trade receivables | 40 | €14,015 | €14,865 | +€849 | +6.1% |
| Other amounts receivable | 41 | €0 | €17,447 | +€17,447 | |
| Cash at bank and in hand | 54/58 | €32,784 | €61,266 | +€28,482 | +86.9% |
| Deferred charges and accrued income | 490/1 | €352 | €359 | +€7 | +2.0% |
| Total equity and liabilities | 10/49 | €76,070 | €115,298 | +€39,228 | +51.6% |
| Equity | 10/15 | €38,902 | €43,907 | +€5,005 | +12.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,902 | €41,907 | +€5,005 | +13.6% |
| Amounts payable | 17/49 | €37,168 | €71,391 | +€34,223 | +92.1% |
| Amounts payable after more than one year | 17 | €17,188 | €10,557 | -€6,630 | -38.6% |
| Financial debts | 170/4 | €17,188 | €10,557 | -€6,630 | -38.6% |
| Amounts payable within one year | 42/48 | €19,980 | €60,834 | +€40,853 | +204.5% |
| Current portion of amounts payable after more than one year | 42 | €6,322 | €6,630 | +€309 | +4.9% |
| Trade debts | 44 | €2,041 | €490 | -€1,551 | -76.0% |
| Suppliers | 440/4 | €2,041 | €490 | -€1,551 | -76.0% |
| Taxes, remuneration and social security | 45 | €11,224 | €13,713 | +€2,489 | +22.2% |
| Taxes | 450/3 | €11,224 | €13,713 | +€2,489 | +22.2% |
| Other amounts payable | 47/48 | €393 | €40,000 | +€39,607 | +10069.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,461 | €7,558 | +€97 | +1.3% |
| Other operating charges | 640/8 | €1,465 | €1,088 | -€376 | -25.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €50,106 | €68,242 | +€18,136 | +36.2% |
| Operating profit (loss) | 9901 | €41,180 | €59,596 | +€18,416 | +44.7% |
| Financial income | 75/76B | €25 | €324 | +€300 | +1211.5% |
| Recurring financial income | 75 | €25 | €324 | +€300 | +1211.5% |
| Financial charges | 65/66B | €1,605 | €1,332 | -€273 | -17.0% |
| Recurring financial charges | 65 | €1,605 | €1,332 | -€273 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €39,600 | €58,589 | +€18,988 | +47.9% |
| Income taxes | 67/77 | €10,296 | €13,584 | +€3,288 | +31.9% |
| Profit (loss) for the period | 9904 | €29,305 | €45,005 | +€15,700 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,305 | €45,005 | +€15,700 | +53.6% |
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 8 October 2026 via checked.be.