FM & Co: 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 & Co
Largest movements
- Cash -€29,925
down €29,925 (-43.1%), from €69,437 to €39,512
mainly Trade debts (-€26,135) and Investment in fixed assets (net) (-€23,519)
- Trade debts -€26,135
no longer reported in 2025 (was €26,135)
- Debts after one year -€8,400
down €8,400 (-1.2%), from €682,000 to €673,600
- Gross operating margin +€29,028
up €29,028, from -€290 to €28,738
- Depreciation +€20,961
new in 2025: €20,961
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 | €706,291 | €678,279 | -€28,012 | -4.0% |
| Fixed assets | 21/28 | €634,411 | €636,969 | +€2,558 | +0.4% |
| Tangible fixed assets | 22/27 | €634,411 | €636,969 | +€2,558 | +0.4% |
| Land and buildings | 22 | €634,411 | €636,969 | +€2,558 | +0.4% |
| Current assets | 29/58 | €71,880 | €41,310 | -€30,570 | -42.5% |
| Amounts receivable within one year | 40/41 | €1,929 | €1,061 | -€867 | -45.0% |
| Trade receivables | 40 | €1,329 | - | -€1,329 | |
| Other amounts receivable | 41 | €600 | €1,061 | +€461 | +76.9% |
| Cash at bank and in hand | 54/58 | €69,437 | €39,512 | -€29,925 | -43.1% |
| Deferred charges and accrued income | 490/1 | €515 | €737 | +€222 | +43.2% |
| Total equity and liabilities | 10/49 | €706,291 | €678,279 | -€28,012 | -4.0% |
| Equity | 10/15 | -€1,844 | €4,679 | +€6,523 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,844 | -€3,321 | +€6,523 | +66.3% |
| Amounts payable | 17/49 | €708,135 | €673,600 | -€34,535 | -4.9% |
| Amounts payable after more than one year | 17 | €682,000 | €673,600 | -€8,400 | -1.2% |
| Other amounts payable | 178/9 | €682,000 | €673,600 | -€8,400 | -1.2% |
| Amounts payable within one year | 42/48 | €26,135 | - | -€26,135 | |
| Trade debts | 44 | €26,135 | - | -€26,135 | |
| Suppliers | 440/4 | €26,135 | - | -€26,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €20,961 | +€20,961 | |
| Other operating charges | 640/8 | €1,041 | €1,083 | +€42 | +4.0% |
| Gross operating margin | 9900 | -€290 | €28,738 | +€29,028 | |
| Operating profit (loss) | 9901 | -€1,331 | €6,693 | +€8,024 | |
| Financial charges | 65/66B | €132 | €170 | +€38 | +28.7% |
| Recurring financial charges | 65 | €132 | €170 | +€38 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,463 | €6,523 | +€7,986 | |
| Profit (loss) for the period | 9904 | -€1,463 | €6,523 | +€7,986 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,463 | €6,523 | +€7,986 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.