FM TELECOM: 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 TELECOM
Largest movements
- Stocks and contracts +€12,135
up €12,135 (+722.3%), from €1,680 to €13,815
- Receivables within one year +€11,603
up €11,603 (+256.3%), from €4,526 to €16,130
of which Trade receivables: +€13,480
- Tangible fixed assets -€7,707
down €7,707 (-49.0%), from €15,734 to €8,026
of which Furniture and vehicles: -€6,957
- Trade debts +€13,754
up €13,754 (+1176.8%), from €1,169 to €14,923
- Profit (loss) carried forward -€6,246
down €6,246 (-30.6%), from -€20,432 to -€26,678
- Tax, wage and social debts +€3,139
up €3,139 (+20.8%), from €15,060 to €18,199
of which Taxes: +€4,639
- Other debts +€2,855
up €2,855 (+11.8%), from €24,212 to €27,068
- Advances received +€1,900
new in 2024: €1,900
- Turnover -€289,067
no longer reported in 2024 (was €289,067)
- Purchases and services -€226,323
no longer reported in 2024 (was €226,323)
- Gross operating margin -€58,438
down €58,438 (-89.7%), from €65,133 to €6,694
- Other operating charges +€4,919
up €4,919 (+309.2%), from €1,591 to €6,510
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 | €27,659 | €43,062 | +€15,403 | +55.7% |
| Fixed assets | 21/28 | €19,734 | €12,026 | -€7,707 | -39.1% |
| Tangible fixed assets | 22/27 | €15,734 | €8,026 | -€7,707 | -49.0% |
| Furniture and vehicles | 24 | €12,057 | €5,100 | -€6,957 | -57.7% |
| Other tangible fixed assets | 26 | €3,677 | €2,926 | -€750 | -20.4% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €7,925 | €31,035 | +€23,110 | +291.6% |
| Stocks and contracts in progress | 3 | €1,680 | €13,815 | +€12,135 | +722.3% |
| Stocks | 30/36 | €1,680 | €13,815 | +€12,135 | +722.3% |
| Amounts receivable within one year | 40/41 | €4,526 | €16,130 | +€11,603 | +256.3% |
| Trade receivables | 40 | - | €13,480 | +€13,480 | |
| Other amounts receivable | 41 | €4,526 | €2,650 | -€1,876 | -41.5% |
| Cash at bank and in hand | 54/58 | €1,266 | €1,041 | -€225 | -17.8% |
| Deferred charges and accrued income | 490/1 | €453 | €49 | -€404 | -89.1% |
| Total equity and liabilities | 10/49 | €27,659 | €43,062 | +€15,403 | +55.7% |
| Equity | 10/15 | -€12,782 | -€19,028 | -€6,246 | -48.9% |
| Contributions | 10/11 | €7,400 | €7,400 | = | 0.0% |
| Outside capital | 11 | €7,400 | - | -€7,400 | |
| Other | 1109/19 | €7,400 | - | -€7,400 | |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,432 | -€26,678 | -€6,246 | -30.6% |
| Amounts payable | 17/49 | €40,441 | €62,090 | +€21,648 | +53.5% |
| Amounts payable within one year | 42/48 | €40,441 | €62,090 | +€21,648 | +53.5% |
| Trade debts | 44 | €1,169 | €14,923 | +€13,754 | +1176.8% |
| Suppliers | 440/4 | €1,169 | €14,923 | +€13,754 | +1176.8% |
| Advances received on contracts in progress | 46 | - | €1,900 | +€1,900 | |
| Taxes, remuneration and social security | 45 | €15,060 | €18,199 | +€3,139 | +20.8% |
| Taxes | 450/3 | €13,560 | €18,199 | +€4,639 | +34.2% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €24,212 | €27,068 | +€2,855 | +11.8% |
| Turnover | 70 | €289,067 | - | -€289,067 | |
| Goods, raw materials, services and sundry goods | 60/61 | €226,323 | - | -€226,323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,264 | €4,461 | -€803 | -15.3% |
| Other operating charges | 640/8 | €1,591 | €6,510 | +€4,919 | +309.2% |
| Gross operating margin | 9900 | €65,133 | €6,694 | -€58,438 | -89.7% |
| Operating profit (loss) | 9901 | €58,278 | -€4,276 | -€62,554 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €438 | €1,943 | +€1,505 | +343.6% |
| Recurring financial charges | 65 | €438 | €1,943 | +€1,505 | +343.6% |
| Profit (loss) for the period before taxes | 9903 | €57,840 | -€6,219 | -€64,059 | |
| Income taxes | 67/77 | -€1,485 | €26 | +€1,511 | |
| Profit (loss) for the period | 9904 | €59,325 | -€6,246 | -€65,571 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,325 | -€6,246 | -€65,571 |
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 7 October 2026 via checked.be.