FM 77: 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.
FM 77
Largest movements
- Receivables within one year +€122,161
up €122,161 (+197.5%), from €61,868 to €184,030
- Trade debts +€98,500
up €98,500 (+191.3%), from €51,500 to €150,000
- Profit (loss) carried forward +€25,775
up €25,775 (+37.4%), from €68,842 to €94,617
- Turnover -€647,125
no longer reported in 2025 (was €647,125)
- Purchases and services -€621,371
no longer reported in 2025 (was €621,371)
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 | €121,442 | €245,717 | +€124,275 | +102.3% |
| Fixed assets | 21/28 | €47,252 | €47,252 | = | 0.0% |
| Tangible fixed assets | 22/27 | €47,252 | €47,252 | = | 0.0% |
| Furniture and vehicles | 24 | €47,252 | €47,252 | = | 0.0% |
| Current assets | 29/58 | €74,189 | €198,465 | +€124,275 | +167.5% |
| Amounts receivable within one year | 40/41 | €61,868 | €184,030 | +€122,161 | +197.5% |
| Trade receivables | 40 | €61,868 | €184,030 | +€122,161 | +197.5% |
| Cash at bank and in hand | 54/58 | €12,321 | €14,435 | +€2,114 | +17.2% |
| Total equity and liabilities | 10/49 | €121,442 | €245,717 | +€124,275 | +102.3% |
| Equity | 10/15 | €69,942 | €95,717 | +€25,775 | +36.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,842 | €94,617 | +€25,775 | +37.4% |
| Amounts payable | 17/49 | €51,500 | €150,000 | +€98,500 | +191.3% |
| Amounts payable within one year | 42/48 | €51,500 | €150,000 | +€98,500 | +191.3% |
| Trade debts | 44 | €51,500 | €150,000 | +€98,500 | +191.3% |
| Suppliers | 440/4 | €51,500 | €150,000 | +€98,500 | +191.3% |
| Turnover | 70 | €647,125 | - | -€647,125 | |
| Goods, raw materials, services and sundry goods | 60/61 | €621,371 | - | -€621,371 | |
| Remuneration, social security and pensions | 62 | €2,241 | - | -€2,241 | |
| Other operating charges | 640/8 | €413 | €2,992 | +€2,579 | +624.5% |
| Gross operating margin | 9900 | €25,753 | €28,845 | +€3,091 | +12.0% |
| Operating profit (loss) | 9901 | €23,099 | €25,852 | +€2,753 | +11.9% |
| Financial charges | 65/66B | - | €77 | +€77 | |
| Recurring financial charges | 65 | - | €77 | +€77 | |
| Profit (loss) for the period before taxes | 9903 | €23,099 | €25,775 | +€2,676 | +11.6% |
| Profit (loss) for the period | 9904 | €23,099 | €25,775 | +€2,676 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,099 | €25,775 | +€2,676 | +11.6% |
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.