FM MOTORS: 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 MOTORS
Largest movements
- Receivables within one year -€36,757
down €36,757 (-54.8%), from €67,125 to €30,368
of which Trade receivables: -€36,094
- Cash -€20,198
down €20,198 (-87.1%), from €23,196 to €2,998
mainly Net result for the year (-€30,025) and Trade debts (-€17,603)
- Stocks and contracts +€6,870
up €6,870 (+5.4%), from €128,249 to €135,119
- Profit (loss) carried forward -€30,025
down €30,025 (-153%), from -€19,668 to -€49,693
- Trade debts -€17,603
down €17,603 (-58.0%), from €30,364 to €12,760
- Tax, wage and social debts -€2,400
no longer reported in 2025 (was €2,400)
- Gross operating margin -€32,016
down €32,016, from €5,436 to -€26,580
- Financial income -€1,420
down €1,420 (-97.8%), from €1,453 to €33
of which Financial income: -€1,420
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 | €222,021 | €171,505 | -€50,517 | -22.8% |
| Fixed assets | 21/28 | €3,451 | €3,020 | -€431 | -12.5% |
| Tangible fixed assets | 22/27 | €3,451 | €3,020 | -€431 | -12.5% |
| Other tangible fixed assets | 26 | €3,451 | €3,020 | -€431 | -12.5% |
| Current assets | 29/58 | €218,570 | €168,485 | -€50,085 | -22.9% |
| Stocks and contracts in progress | 3 | €128,249 | €135,119 | +€6,870 | +5.4% |
| Stocks | 30/36 | €128,249 | €135,119 | +€6,870 | +5.4% |
| Amounts receivable within one year | 40/41 | €67,125 | €30,368 | -€36,757 | -54.8% |
| Trade receivables | 40 | €65,755 | €29,660 | -€36,094 | -54.9% |
| Other amounts receivable | 41 | €1,371 | €708 | -€663 | -48.4% |
| Cash at bank and in hand | 54/58 | €23,196 | €2,998 | -€20,198 | -87.1% |
| Total equity and liabilities | 10/49 | €222,021 | €171,505 | -€50,517 | -22.8% |
| Equity | 10/15 | €3,332 | -€26,693 | -€30,025 | |
| Contributions | 10/11 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,668 | -€49,693 | -€30,025 | -153% |
| Amounts payable | 17/49 | €218,690 | €198,198 | -€20,492 | -9.4% |
| Amounts payable within one year | 42/48 | €218,690 | €198,198 | -€20,492 | -9.4% |
| Trade debts | 44 | €30,364 | €12,760 | -€17,603 | -58.0% |
| Suppliers | 440/4 | €30,364 | €12,760 | -€17,603 | -58.0% |
| Taxes, remuneration and social security | 45 | €2,400 | - | -€2,400 | |
| Remuneration and social security | 454/9 | €2,400 | - | -€2,400 | |
| Other amounts payable | 47/48 | €185,926 | €185,437 | -€489 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431 | €431 | = | 0.0% |
| Other operating charges | 640/8 | €2,792 | €2,723 | -€69 | -2.5% |
| Gross operating margin | 9900 | €5,436 | -€26,580 | -€32,016 | |
| Operating profit (loss) | 9901 | €2,213 | -€29,734 | -€31,947 | |
| Financial income | 75/76B | €1,453 | €33 | -€1,420 | -97.8% |
| Recurring financial income | 75 | €1,453 | €33 | -€1,420 | -97.8% |
| Non-recurring financial income | 76B | €1,453 | €33 | -€1,420 | -97.8% |
| Financial charges | 65/66B | €200 | €323 | +€123 | +61.7% |
| Recurring financial charges | 65 | €200 | €323 | +€123 | +61.7% |
| Profit (loss) for the period before taxes | 9903 | €3,466 | -€30,025 | -€33,490 | |
| Profit (loss) for the period | 9904 | €3,466 | -€30,025 | -€33,490 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,466 | -€30,025 | -€33,490 |
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 30 October 2026 via checked.be.