FM SERVICES: what changed
Two fiscal 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 SERVICES
Largest movements
- Receivables within one year +€33,035
up €33,035 (+16.7%), from €197,284 to €230,318
of which Trade receivables: +€23,113
- Cash +€11,088
up €11,088 (+129.3%), from €8,576 to €19,664
mainly Net result for the year (+€41,552) and Other debts (+€18,000)
- Other debts +€18,000
up €18,000 (+96.9%), from €18,580 to €36,580
- Trade debts +€16,136
up €16,136 (+57.8%), from €27,937 to €44,073
- Profit (loss) carried forward +€11,552
up €11,552 (+8.8%), from €131,281 to €142,833
- Gross operating margin -€20,233
down €20,233 (-24.7%), from €81,977 to €61,743
- Depreciation -€8,967
no longer reported in 2024 (was €8,967)
- Staff costs +€7,485
up €7,485 (+372.0%), from €2,012 to €9,497
- Purchases and services -€4,916
down €4,916 (-9.9%), from €49,764 to €44,848
- Taxes -€4,720
down €4,720 (-31.2%), from €15,108 to €10,388
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €205,859 | €249,982 | +€44,123 | +21.4% |
| Current assets | 29/58 | €205,859 | €249,982 | +€44,123 | +21.4% |
| Amounts receivable within one year | 40/41 | €197,284 | €230,318 | +€33,035 | +16.7% |
| Trade receivables | 40 | €197,284 | €220,396 | +€23,113 | +11.7% |
| Other amounts receivable | 41 | - | €9,922 | +€9,922 | |
| Cash at bank and in hand | 54/58 | €8,576 | €19,664 | +€11,088 | +129.3% |
| Total equity and liabilities | 10/49 | €205,859 | €249,982 | +€44,123 | +21.4% |
| Equity | 10/15 | €132,281 | €143,833 | +€11,552 | +8.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,281 | €142,833 | +€11,552 | +8.8% |
| Amounts payable | 17/49 | €73,578 | €106,149 | +€32,571 | +44.3% |
| Amounts payable within one year | 42/48 | €73,578 | €106,149 | +€32,571 | +44.3% |
| Trade debts | 44 | €27,937 | €44,073 | +€16,136 | +57.8% |
| Suppliers | 440/4 | €27,937 | €44,073 | +€16,136 | +57.8% |
| Taxes, remuneration and social security | 45 | €27,061 | €25,496 | -€1,565 | -5.8% |
| Taxes | 450/3 | €27,061 | €25,496 | -€1,565 | -5.8% |
| Other amounts payable | 47/48 | €18,580 | €36,580 | +€18,000 | +96.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €49,764 | €44,848 | -€4,916 | -9.9% |
| Remuneration, social security and pensions | 62 | €2,012 | €9,497 | +€7,485 | +372.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,967 | - | -€8,967 | |
| Other operating charges | 640/8 | €401 | - | -€401 | |
| Gross operating margin | 9900 | €81,977 | €61,743 | -€20,233 | -24.7% |
| Operating profit (loss) | 9901 | €70,597 | €52,247 | -€18,351 | -26.0% |
| Financial charges | 65/66B | €307 | €307 | = | 0.0% |
| Recurring financial charges | 65 | €307 | €307 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €70,291 | €51,940 | -€18,351 | -26.1% |
| Income taxes | 67/77 | €15,108 | €10,388 | -€4,720 | -31.2% |
| Profit (loss) for the period | 9904 | €55,183 | €41,552 | -€13,631 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,183 | €41,552 | -€13,631 | -24.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.