FIRMAMENTA: 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.
FIRMAMENTA
Largest movements
- Receivables within one year -€85,810
down €85,810 (-65.6%), from €130,746 to €44,936
of which Other amounts receivable: -€101,834
- Tangible fixed assets -€24,613
down €24,613 (-38.8%), from €63,408 to €38,795
- Cash -€6,608
down €6,608 (-39.4%), from €16,787 to €10,179
mainly Contributions, distributions and other (-€275,000) and Tax, wage and social debts (-€21,292)
- Profit (loss) carried forward -€204,496
down €204,496, from €187,861 to -€16,635
- Other debts +€107,892
new in 2025: €107,892
- Tax, wage and social debts -€21,292
down €21,292 (-85.6%), from €24,880 to €3,588
of which Taxes: -€21,292
- Gross operating margin +€55,223
up €55,223 (+56.6%), from €97,609 to €152,832
- Depreciation +€38,090
up €38,090 (+723.4%), from €5,266 to €43,355
- Financial income -€5,858
down €5,858 (-100.0%), from €5,858 to €0
- Taxes +€1,713
up €1,713 (+7.9%), from €21,780 to €23,492
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 | €214,380 | €96,091 | -€118,290 | -55.2% |
| Fixed assets | 21/28 | €63,408 | €38,795 | -€24,613 | -38.8% |
| Tangible fixed assets | 22/27 | €63,408 | €38,795 | -€24,613 | -38.8% |
| Furniture and vehicles | 24 | €63,408 | €38,795 | -€24,613 | -38.8% |
| Current assets | 29/58 | €150,972 | €57,295 | -€93,677 | -62.0% |
| Amounts receivable within one year | 40/41 | €130,746 | €44,936 | -€85,810 | -65.6% |
| Trade receivables | 40 | €27,677 | €43,700 | +€16,023 | +57.9% |
| Other amounts receivable | 41 | €103,069 | €1,236 | -€101,834 | -98.8% |
| Cash at bank and in hand | 54/58 | €16,787 | €10,179 | -€6,608 | -39.4% |
| Deferred charges and accrued income | 490/1 | €3,439 | €2,180 | -€1,258 | -36.6% |
| Total equity and liabilities | 10/49 | €214,380 | €96,091 | -€118,290 | -55.2% |
| Equity | 10/15 | €188,861 | -€15,635 | -€204,496 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,861 | -€16,635 | -€204,496 | |
| Amounts payable | 17/49 | €25,519 | €111,725 | +€86,206 | +337.8% |
| Amounts payable within one year | 42/48 | €25,519 | €111,725 | +€86,206 | +337.8% |
| Trade debts | 44 | €639 | €245 | -€393 | -61.6% |
| Suppliers | 440/4 | €639 | €245 | -€393 | -61.6% |
| Taxes, remuneration and social security | 45 | €24,880 | €3,588 | -€21,292 | -85.6% |
| Taxes | 450/3 | €24,880 | €3,588 | -€21,292 | -85.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €107,892 | +€107,892 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,266 | €43,355 | +€38,090 | +723.4% |
| Other operating charges | 640/8 | €1,219 | €1,446 | +€227 | +18.6% |
| Non-recurring operating charges | 66A | - | €13,934 | +€13,934 | |
| Gross operating margin | 9900 | €97,609 | €152,832 | +€55,223 | +56.6% |
| Operating profit (loss) | 9901 | €91,124 | €94,097 | +€2,973 | +3.3% |
| Financial income | 75/76B | €5,858 | €0 | -€5,858 | -100.0% |
| Recurring financial income | 75 | €5,858 | €0 | -€5,858 | -100.0% |
| Financial charges | 65/66B | €460 | €100 | -€359 | -78.2% |
| Recurring financial charges | 65 | €460 | €100 | -€359 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | €96,523 | €93,996 | -€2,527 | -2.6% |
| Income taxes | 67/77 | €21,780 | €23,492 | +€1,713 | +7.9% |
| Profit (loss) for the period | 9904 | €74,743 | €70,504 | -€4,239 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,743 | €70,504 | -€4,239 | -5.7% |
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 10 October 2026 via checked.be.