FDAM: 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.
FDAM
Largest movements
- Cash +€43,076
up €43,076 (+137%), from €31,503 to €74,579
mainly Net result for the year (+€22,056) and Receivables within one year (+€13,242)
- Receivables within one year -€13,242
down €13,242 (-85.8%), from €15,425 to €2,183
- Current investments -€10,000
down €10,000 (-100%), from €10,000 to €0
- Deferred charges and accrued income -€1,643
down €1,643 (-35.7%), from €4,607 to €2,964
- Reserves +€21,306
up €21,306 (+48.2%), from €44,163 to €65,469
- Tax, wage and social debts -€1,831
down €1,831 (-14.8%), from €12,388 to €10,556
- Other debts -€1,227
down €1,227 (-37.1%), from €3,306 to €2,079
- Gross operating margin -€6,422
down €6,422 (-15.7%), from €41,006 to €34,584
- Taxes -€1,207
down €1,207 (-11.4%), from €10,544 to €9,337
- Financial income +€768
new in 2025: €768
- Other operating charges +€539
up €539 (+195%), from €277 to €817
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 | €63,677 | €81,604 | +€17,926 | +28.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,143 | €1,877 | -€266 | -12.4% |
| Tangible fixed assets | 22/27 | €2,138 | €1,872 | -€266 | -12.4% |
| Furniture and vehicles | 24 | €2,138 | €1,872 | -€266 | -12.4% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €61,535 | €79,726 | +€18,192 | +29.6% |
| Amounts receivable within one year | 40/41 | €15,425 | €2,183 | -€13,242 | -85.8% |
| Trade receivables | 40 | €15,425 | €2,183 | -€13,242 | -85.8% |
| Current investments | 50/53 | €10,000 | €0 | -€10,000 | -100% |
| Cash at bank and in hand | 54/58 | €31,503 | €74,579 | +€43,076 | +137% |
| Deferred charges and accrued income | 490/1 | €4,607 | €2,964 | -€1,643 | -35.7% |
| Total equity and liabilities | 10/49 | €63,677 | €81,604 | +€17,926 | +28.2% |
| Equity | 10/15 | €47,663 | €68,969 | +€21,306 | +44.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €44,163 | €65,469 | +€21,306 | +48.2% |
| Distributable reserves | 133 | €44,163 | €65,469 | +€21,306 | +48.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,015 | €12,635 | -€3,380 | -21.1% |
| Amounts payable within one year | 42/48 | €16,015 | €12,635 | -€3,380 | -21.1% |
| Trade debts | 44 | €322 | €0 | -€322 | -100% |
| Suppliers | 440/4 | €322 | €0 | -€322 | -100% |
| Taxes, remuneration and social security | 45 | €12,388 | €10,556 | -€1,831 | -14.8% |
| Taxes | 450/3 | €12,388 | €10,556 | -€1,831 | -14.8% |
| Other amounts payable | 47/48 | €3,306 | €2,079 | -€1,227 | -37.1% |
| Remuneration, social security and pensions | 62 | €0 | €143 | +€143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,740 | €1,570 | -€171 | -9.8% |
| Other operating charges | 640/8 | €277 | €817 | +€539 | +195% |
| Gross operating margin | 9900 | €41,006 | €34,584 | -€6,422 | -15.7% |
| Operating profit (loss) | 9901 | €38,988 | €32,055 | -€6,934 | -17.8% |
| Financial income | 75/76B | - | €768 | +€768 | |
| Recurring financial income | 75 | - | €768 | +€768 | |
| Financial charges | 65/66B | €1,794 | €1,430 | -€364 | -20.3% |
| Recurring financial charges | 65 | €1,794 | €1,430 | -€364 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €37,194 | €31,393 | -€5,802 | -15.6% |
| Income taxes | 67/77 | €10,544 | €9,337 | -€1,207 | -11.4% |
| Profit (loss) for the period | 9904 | €26,651 | €22,056 | -€4,594 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,651 | €22,056 | -€4,594 | -17.2% |
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 24 October 2026 via checked.be.