FDM services: 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.
FDM services
Largest movements
- Tangible fixed assets -€240,451
down €240,451 (-4.2%), from €5.7m to €5.5m
of which Land and buildings: -€240,120
- Cash +€118,958
up €118,958 (+42.1%), from €282,429 to €401,387
mainly Depreciation (+€240,451) and Net result for the year (+€227,565)
- Current portion of long-term debt -€350,000
no longer reported in 2025 (was €350,000)
- Profit (loss) carried forward +€227,565
up €227,565 (+78.7%), from -€289,250 to -€61,684
- Other operating charges -€44,043
down €44,043 (-96.8%), from €45,488 to €1,444
- Gross operating margin +€20,235
up €20,235 (+3.2%), from €635,184 to €655,419
- Financial charges -€17,083
down €17,083 (-8.4%), from €203,041 to €185,958
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 | €5,984,484 | €5,862,991 | -€121,493 | -2.0% |
| Fixed assets | 21/28 | €5,702,055 | €5,461,603 | -€240,451 | -4.2% |
| Tangible fixed assets | 22/27 | €5,702,055 | €5,461,603 | -€240,451 | -4.2% |
| Land and buildings | 22 | €5,699,232 | €5,459,112 | -€240,120 | -4.2% |
| Plant, machinery and equipment | 23 | €2,823 | €2,491 | -€331 | -11.7% |
| Current assets | 29/58 | €282,429 | €401,387 | +€118,958 | +42.1% |
| Cash at bank and in hand | 54/58 | €282,429 | €401,387 | +€118,958 | +42.1% |
| Total equity and liabilities | 10/49 | €5,984,484 | €5,862,991 | -€121,493 | -2.0% |
| Equity | 10/15 | €2,250,750 | €2,478,316 | +€227,565 | +10.1% |
| Contributions | 10/11 | €2,540,000 | €2,540,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€289,250 | -€61,684 | +€227,565 | +78.7% |
| Amounts payable | 17/49 | €3,733,733 | €3,384,675 | -€349,058 | -9.3% |
| Amounts payable after more than one year | 17 | €3,225,000 | €3,225,000 | = | 0.0% |
| Financial debts | 170/4 | €3,225,000 | €3,225,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €448,733 | €99,675 | -€349,058 | -77.8% |
| Current portion of amounts payable after more than one year | 42 | €350,000 | - | -€350,000 | |
| Trade debts | 44 | €46,086 | €47,028 | +€942 | +2.0% |
| Suppliers | 440/4 | €46,086 | €47,028 | +€942 | +2.0% |
| Other amounts payable | 47/48 | €52,647 | €52,647 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €60,000 | €60,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240,451 | €240,451 | = | 0.0% |
| Other operating charges | 640/8 | €45,488 | €1,444 | -€44,043 | -96.8% |
| Gross operating margin | 9900 | €635,184 | €655,419 | +€20,235 | +3.2% |
| Operating profit (loss) | 9901 | €349,245 | €413,523 | +€64,278 | +18.4% |
| Financial charges | 65/66B | €203,041 | €185,958 | -€17,083 | -8.4% |
| Recurring financial charges | 65 | €203,041 | €185,958 | -€17,083 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €146,205 | €227,565 | +€81,361 | +55.6% |
| Profit (loss) for the period | 9904 | €146,205 | €227,565 | +€81,361 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €146,205 | €227,565 | +€81,361 | +55.6% |
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 30 September 2026 via checked.be.