FM COMPANY: 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 COMPANY
Largest movements
- Tangible fixed assets +€22,267
up €22,267 (+26.5%), from €83,961 to €106,229
of which Plant, machinery and equipment: +€18,220
- Cash +€19,215
up €19,215 (+28.2%), from €68,240 to €87,455
mainly Net result for the year (+€57,144) and Depreciation (+€40,272)
- Receivables within one year +€4,993
new in 2025: €4,993
- Profit (loss) carried forward +€57,144
up €57,144 (+44.8%), from €127,469 to €184,612
- Tax, wage and social debts -€12,937
no longer reported in 2025 (was €12,937)
of which Remuneration and social security: -€8,445
- Advances received +€4,049
new in 2025: €4,049
- Other debts -€3,788
down €3,788 (-71.1%), from €5,326 to €1,538
- Trade debts +€2,508
up €2,508 (+72.3%), from €3,470 to €5,978
- Turnover -€328,149
no longer reported in 2025 (was €328,149)
- Purchases and services -€187,727
no longer reported in 2025 (was €187,727)
- Gross operating margin -€34,853
down €34,853 (-24.8%), from €140,422 to €105,569
- Depreciation +€28,588
up €28,588 (+245%), from €11,684 to €40,272
- Taxes +€6,900
new in 2025: €6,900
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.
Derived cash bridge
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 | €152,202 | €199,177 | +€46,976 | +30.9% |
| Fixed assets | 21/28 | €83,961 | €106,729 | +€22,767 | +27.1% |
| Tangible fixed assets | 22/27 | €83,961 | €106,229 | +€22,267 | +26.5% |
| Plant, machinery and equipment | 23 | - | €18,220 | +€18,220 | |
| Furniture and vehicles | 24 | €83,961 | €88,009 | +€4,047 | +4.8% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €68,240 | €92,449 | +€24,208 | +35.5% |
| Amounts receivable within one year | 40/41 | - | €4,993 | +€4,993 | |
| Other amounts receivable | 41 | - | €4,993 | +€4,993 | |
| Cash at bank and in hand | 54/58 | €68,240 | €87,455 | +€19,215 | +28.2% |
| Total equity and liabilities | 10/49 | €152,202 | €199,177 | +€46,976 | +30.9% |
| Equity | 10/15 | €130,469 | €187,612 | +€57,144 | +43.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,469 | €184,612 | +€57,144 | +44.8% |
| Amounts payable | 17/49 | €21,733 | €11,565 | -€10,168 | -46.8% |
| Amounts payable within one year | 42/48 | €21,733 | €11,565 | -€10,168 | -46.8% |
| Trade debts | 44 | €3,470 | €5,978 | +€2,508 | +72.3% |
| Suppliers | 440/4 | €3,470 | €5,978 | +€2,508 | +72.3% |
| Advances received on contracts in progress | 46 | - | €4,049 | +€4,049 | |
| Taxes, remuneration and social security | 45 | €12,937 | - | -€12,937 | |
| Taxes | 450/3 | €4,492 | - | -€4,492 | |
| Remuneration and social security | 454/9 | €8,445 | - | -€8,445 | |
| Other amounts payable | 47/48 | €5,326 | €1,538 | -€3,788 | -71.1% |
| Turnover | 70 | €328,149 | - | -€328,149 | |
| Goods, raw materials, services and sundry goods | 60/61 | €187,727 | - | -€187,727 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,684 | €40,272 | +€28,588 | +245% |
| Other operating charges | 640/8 | €1,101 | €1,145 | +€43 | +3.9% |
| Gross operating margin | 9900 | €140,422 | €105,569 | -€34,853 | -24.8% |
| Operating profit (loss) | 9901 | €127,637 | €64,153 | -€63,485 | -49.7% |
| Financial income | 75/76B | €78 | - | -€78 | |
| Recurring financial income | 75 | €78 | - | -€78 | |
| Financial charges | 65/66B | €246 | €109 | -€138 | -55.9% |
| Recurring financial charges | 65 | €246 | €109 | -€138 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €127,469 | €64,044 | -€63,425 | -49.8% |
| Income taxes | 67/77 | - | €6,900 | +€6,900 | |
| Profit (loss) for the period | 9904 | €127,469 | €57,144 | -€70,325 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €127,469 | €57,144 | -€70,325 | -55.2% |
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 22 October 2026 via checked.be.