FM AUTOMATION: 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.
What changed
FM AUTOMATION
NACE 25.110, Manufacture of metal structures and parts of structures
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
-€43,754
2025 · -€62,695+€18,942
Equity
€571,591
2025 · €615,345-€43,754
Cash
€15,782
2025 · €22,761-€6,979
Balance sheet total
€1.0m
2025 · €1.1m-€65,277
Largest movements
Assets
- Current investments -€57,594
down €57,594 (-23.6%), from €243,831 to €186,238
Equity and liabilities
- Reserves -€43,754
down €43,754 (-20.0%), from €218,489 to €174,735
- Other debts -€13,139
down €13,139 (-18.4%), from €71,540 to €58,400
Income statement
- Financial income +€32,714
up €32,714 (+256%), from €12,780 to €45,494
- Gross operating margin -€11,519
down €11,519 (-47.2%), from -€24,416 to -€35,935
- Depreciation +€2,260
up €2,260 (+5.3%), from €42,283 to €44,543
From the 2025 result to the 2026 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.
Result 2025
-€62,695
Gross operating margin
-€11,519
Depreciation
-€2,260
Other operating charges
-€222
Financial income
+€32,714
Financial charges
+€211
Taxes
+€18
Result 2026
-€43,754
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€20,057
Investment
+€23,171
Financing
-€10,092
Cash 2025
€22,761
From operations (derived)
-€20,057
Net result for the year
-€43,754
Depreciation
+€44,543
Receivables within one year
-€8,471
Deferred charges and accrued income
-€944
Trade debts
+€2,968
Tax, wage and social debts
-€1,260
Other debts
-€13,139
Investment (derived)
+€23,171
Investment in fixed assets (net)
-€34,423
Current investments
+€57,594
Financing
-€10,092
Debts after one year
-€10,387
Current portion of long-term debt
+€295
Cash 2026
€15,782
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,081,275 | €1,015,998 | -€65,277 | -6.0% |
| Fixed assets | 21/28 | €795,358 | €785,238 | -€10,119 | -1.3% |
| Tangible fixed assets | 22/27 | €795,358 | €785,238 | -€10,119 | -1.3% |
| Land and buildings | 22 | €786,171 | €745,318 | -€40,853 | -5.2% |
| Plant, machinery and equipment | 23 | - | €1,136 | +€1,136 | |
| Furniture and vehicles | 24 | €9,187 | €38,784 | +€29,598 | +322% |
| Current assets | 29/58 | €285,918 | €230,760 | -€55,158 | -19.3% |
| Amounts receivable within one year | 40/41 | €17,325 | €25,796 | +€8,471 | +48.9% |
| Trade receivables | 40 | €14,693 | €18,568 | +€3,875 | +26.4% |
| Other amounts receivable | 41 | €2,633 | €7,228 | +€4,595 | +175% |
| Current investments | 50/53 | €243,831 | €186,238 | -€57,594 | -23.6% |
| Cash at bank and in hand | 54/58 | €22,761 | €15,782 | -€6,979 | -30.7% |
| Deferred charges and accrued income | 490/1 | €2,000 | €2,945 | +€944 | +47.2% |
| Total equity and liabilities | 10/49 | €1,081,275 | €1,015,998 | -€65,277 | -6.0% |
| Equity | 10/15 | €615,345 | €571,591 | -€43,754 | -7.1% |
| Contributions | 10/11 | €396,856 | €396,856 | = | 0.0% |
| Reserves | 13 | €218,489 | €174,735 | -€43,754 | -20.0% |
| Distributable reserves | 133 | €218,489 | €174,735 | -€43,754 | -20.0% |
| Amounts payable | 17/49 | €465,930 | €444,407 | -€21,523 | -4.6% |
| Amounts payable after more than one year | 17 | €379,298 | €368,911 | -€10,387 | -2.7% |
| Financial debts | 170/4 | €379,298 | €368,911 | -€10,387 | -2.7% |
| Amounts payable within one year | 42/48 | €86,632 | €75,496 | -€11,136 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €10,092 | €10,387 | +€295 | +2.9% |
| Trade debts | 44 | €3,591 | €6,559 | +€2,968 | +82.7% |
| Suppliers | 440/4 | €3,591 | €6,559 | +€2,968 | +82.7% |
| Taxes, remuneration and social security | 45 | €1,410 | €150 | -€1,260 | -89.4% |
| Taxes | 450/3 | €1,410 | €150 | -€1,260 | -89.4% |
| Other amounts payable | 47/48 | €71,540 | €58,400 | -€13,139 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,283 | €44,543 | +€2,260 | +5.3% |
| Other operating charges | 640/8 | €3,575 | €3,797 | +€222 | +6.2% |
| Gross operating margin | 9900 | -€24,416 | -€35,935 | -€11,519 | -47.2% |
| Operating profit (loss) | 9901 | -€70,274 | -€84,275 | -€14,001 | -19.9% |
| Financial income | 75/76B | €12,780 | €45,494 | +€32,714 | +256% |
| Recurring financial income | 75 | €12,780 | €45,494 | +€32,714 | +256% |
| Financial charges | 65/66B | €4,903 | €4,692 | -€211 | -4.3% |
| Recurring financial charges | 65 | €4,903 | €4,692 | -€211 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€62,397 | -€43,473 | +€18,923 | +30.3% |
| Income taxes | 67/77 | €299 | €280 | -€18 | -6.2% |
| Profit (loss) for the period | 9904 | -€62,695 | -€43,754 | +€18,942 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,695 | -€43,754 | +€18,942 | +30.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.