FCML: 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.
FCML
Largest movements
- Tangible fixed assets +€29,247
up €29,247 (+41.7%), from €70,077 to €99,324
of which Furniture and vehicles: +€29,971
- Cash -€24,889
down €24,889 (-26.4%), from €94,387 to €69,498
mainly Investment in fixed assets (net) (-€50,274) and Debts after one year (-€18,642)
- Receivables within one year +€4,975
up €4,975 (+14.4%), from €34,558 to €39,532
of which Trade receivables: +€2,983
- Deferred charges and accrued income +€3,466
up €3,466 (+92.0%), from €3,768 to €7,233
- Profit (loss) carried forward +€40,027
up €40,027 (+31.6%), from €126,774 to €166,800
- Debts after one year -€18,642
down €18,642 (-62.6%), from €29,799 to €11,157
- Tax, wage and social debts -€16,287
down €16,287 (-74.5%), from €21,868 to €5,580
- Trade debts +€4,242
up €4,242 (+293.9%), from €1,443 to €5,686
of which Suppliers: +€3,993
- Other debts +€2,688
up €2,688 (+81.8%), from €3,285 to €5,973
- Depreciation +€2,050
up €2,050 (+10.8%), from €18,978 to €21,027
- Staff costs +€1,725
up €1,725 (+69.3%), from €2,490 to €4,215
- Gross operating margin -€1,583
down €1,583 (-1.9%), from €82,552 to €80,969
- Financial charges -€1,173
down €1,173 (-33.2%), from €3,535 to €2,362
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 | €204,039 | €216,838 | +€12,798 | +6.3% |
| Fixed assets | 21/28 | €71,327 | €100,574 | +€29,247 | +41.0% |
| Tangible fixed assets | 22/27 | €70,077 | €99,324 | +€29,247 | +41.7% |
| Furniture and vehicles | 24 | €60,861 | €90,832 | +€29,971 | +49.2% |
| Leasing and similar rights | 25 | €9,216 | €8,492 | -€725 | -7.9% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €132,712 | €116,264 | -€16,448 | -12.4% |
| Amounts receivable within one year | 40/41 | €34,558 | €39,532 | +€4,975 | +14.4% |
| Trade receivables | 40 | €34,558 | €37,540 | +€2,983 | +8.6% |
| Other amounts receivable | 41 | - | €1,992 | +€1,992 | |
| Cash at bank and in hand | 54/58 | €94,387 | €69,498 | -€24,889 | -26.4% |
| Deferred charges and accrued income | 490/1 | €3,768 | €7,233 | +€3,466 | +92.0% |
| Total equity and liabilities | 10/49 | €204,039 | €216,838 | +€12,798 | +6.3% |
| Equity | 10/15 | €129,774 | €169,800 | +€40,027 | +30.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,774 | €166,800 | +€40,027 | +31.6% |
| Amounts payable | 17/49 | €74,266 | €47,037 | -€27,228 | -36.7% |
| Amounts payable after more than one year | 17 | €29,799 | €11,157 | -€18,642 | -62.6% |
| Other amounts payable | 178/9 | €29,799 | €11,157 | -€18,642 | -62.6% |
| Amounts payable within one year | 42/48 | €44,467 | €35,881 | -€8,586 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €17,871 | €18,642 | +€771 | +4.3% |
| Trade debts | 44 | €1,443 | €5,686 | +€4,242 | +293.9% |
| Suppliers | 440/4 | €1,443 | €5,437 | +€3,993 | +276.7% |
| Bills of exchange payable | 441 | - | €249 | +€249 | |
| Taxes, remuneration and social security | 45 | €21,868 | €5,580 | -€16,287 | -74.5% |
| Taxes | 450/3 | €21,868 | €5,580 | -€16,287 | -74.5% |
| Other amounts payable | 47/48 | €3,285 | €5,973 | +€2,688 | +81.8% |
| Remuneration, social security and pensions | 62 | €2,490 | €4,215 | +€1,725 | +69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,978 | €21,027 | +€2,050 | +10.8% |
| Other operating charges | 640/8 | €543 | €486 | -€57 | -10.5% |
| Gross operating margin | 9900 | €82,552 | €80,969 | -€1,583 | -1.9% |
| Operating profit (loss) | 9901 | €60,541 | €55,240 | -€5,301 | -8.8% |
| Financial charges | 65/66B | €3,535 | €2,362 | -€1,173 | -33.2% |
| Recurring financial charges | 65 | €3,535 | €2,362 | -€1,173 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €57,006 | €52,878 | -€4,129 | -7.2% |
| Income taxes | 67/77 | €12,561 | €12,018 | -€543 | -4.3% |
| Profit (loss) for the period | 9904 | €44,446 | €40,860 | -€3,586 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,446 | €40,860 | -€3,586 | -8.1% |
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.