FM PROMOTION: 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 PROMOTION
Largest movements
- Cash +€38,420
up €38,420 (+103%), from €37,231 to €75,651
mainly Net result for the year (+€23,092) and Tax, wage and social debts (+€9,309)
- Tangible fixed assets -€3,445
down €3,445 (-37.0%), from €9,301 to €5,856
of which Furniture and vehicles: -€2,342
- Receivables within one year -€3,215
down €3,215 (-93.9%), from €3,425 to €210
of which Trade receivables: -€2,549
- Profit (loss) carried forward +€23,092
up €23,092, from -€13,214 to €9,878
- Tax, wage and social debts +€9,309
up €9,309 (+67.3%), from €13,828 to €23,137
- Other debts +€3,721
up €3,721 (+7.5%), from €49,393 to €53,114
- Trade debts -€3,456
down €3,456 (-87.4%), from €3,955 to €499
- Gross operating margin -€19,787
down €19,787 (-35.2%), from €56,183 to €36,396
- Taxes -€3,942
down €3,942 (-29.5%), from €13,382 to €9,440
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 | €60,377 | €92,828 | +€32,451 | +53.7% |
| Fixed assets | 21/28 | €11,301 | €7,856 | -€3,445 | -30.5% |
| Tangible fixed assets | 22/27 | €9,301 | €5,856 | -€3,445 | -37.0% |
| Plant, machinery and equipment | 23 | €1,103 | - | -€1,103 | |
| Furniture and vehicles | 24 | €8,198 | €5,856 | -€2,342 | -28.6% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €49,076 | €84,972 | +€35,896 | +73.1% |
| Amounts receivable within one year | 40/41 | €3,425 | €210 | -€3,215 | -93.9% |
| Trade receivables | 40 | €2,549 | - | -€2,549 | |
| Other amounts receivable | 41 | €876 | €210 | -€666 | -76.0% |
| Cash at bank and in hand | 54/58 | €37,231 | €75,651 | +€38,420 | +103% |
| Deferred charges and accrued income | 490/1 | €8,420 | €9,111 | +€691 | +8.2% |
| Total equity and liabilities | 10/49 | €60,377 | €92,828 | +€32,451 | +53.7% |
| Equity | 10/15 | -€7,014 | €16,078 | +€23,092 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,214 | €9,878 | +€23,092 | |
| Amounts payable | 17/49 | €67,391 | €76,750 | +€9,359 | +13.9% |
| Amounts payable within one year | 42/48 | €67,176 | €76,750 | +€9,574 | +14.3% |
| Trade debts | 44 | €3,955 | €499 | -€3,456 | -87.4% |
| Suppliers | 440/4 | €3,955 | €499 | -€3,456 | -87.4% |
| Taxes, remuneration and social security | 45 | €13,828 | €23,137 | +€9,309 | +67.3% |
| Taxes | 450/3 | €13,828 | €23,137 | +€9,309 | +67.3% |
| Other amounts payable | 47/48 | €49,393 | €53,114 | +€3,721 | +7.5% |
| Accrued charges and deferred income | 492/3 | €215 | - | -€215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,792 | €3,445 | -€347 | -9.2% |
| Other operating charges | 640/8 | - | €377 | +€377 | |
| Gross operating margin | 9900 | €56,183 | €36,396 | -€19,787 | -35.2% |
| Operating profit (loss) | 9901 | €52,391 | €32,574 | -€19,817 | -37.8% |
| Financial charges | 65/66B | €165 | €42 | -€123 | -74.5% |
| Recurring financial charges | 65 | €45 | €42 | -€3 | -6.7% |
| Non-recurring financial charges | 66B | €120 | - | -€120 | |
| Profit (loss) for the period before taxes | 9903 | €52,226 | €32,532 | -€19,694 | -37.7% |
| Income taxes | 67/77 | €13,382 | €9,440 | -€3,942 | -29.5% |
| Profit (loss) for the period | 9904 | €38,844 | €23,092 | -€15,752 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,844 | €23,092 | -€15,752 | -40.6% |
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 19 October 2026 via checked.be.