FMA: 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.
FMA
Largest movements
- Cash +€16,553
up €16,553 (+350.5%), from €4,722 to €21,275
mainly Trade debts (+€10,806) and Net result for the year (+€8,139)
- Stocks and contracts +€6,590
new in 2025: €6,590
- Intangible fixed assets -€2,000
down €2,000 (-33.3%), from €6,000 to €4,000
- Trade debts +€10,806
new in 2025: €10,806
- Profit (loss) carried forward +€9,183
up €9,183 (+201.2%), from €4,565 to €13,749
- Tax, wage and social debts +€913
up €913 (+81.4%), from €1,122 to €2,035
- Purchases and services +€130,135
up €130,135 (+46.4%), from €280,348 to €410,483
- Turnover +€128,428
up €128,428 (+44.3%), from €290,149 to €418,577
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.
Cash bridge derived
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 | €13,687 | €34,589 | +€20,903 | +152.7% |
| Fixed assets | 21/28 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Intangible fixed assets | 21 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Current assets | 29/58 | €7,687 | €30,589 | +€22,903 | +297.9% |
| Stocks and contracts in progress | 3 | - | €6,590 | +€6,590 | |
| Stocks | 30/36 | - | €6,590 | +€6,590 | |
| Amounts receivable within one year | 40/41 | €2,965 | €2,724 | -€241 | -8.1% |
| Other amounts receivable | 41 | €2,965 | €2,724 | -€241 | -8.1% |
| Cash at bank and in hand | 54/58 | €4,722 | €21,275 | +€16,553 | +350.5% |
| Total equity and liabilities | 10/49 | €13,687 | €34,589 | +€20,903 | +152.7% |
| Equity | 10/15 | €12,565 | €21,749 | +€9,183 | +73.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,565 | €13,749 | +€9,183 | +201.2% |
| Amounts payable | 17/49 | €1,122 | €12,841 | +€11,719 | +1044.6% |
| Amounts payable within one year | 42/48 | €1,122 | €12,841 | +€11,719 | +1044.6% |
| Trade debts | 44 | - | €10,806 | +€10,806 | |
| Suppliers | 440/4 | - | €10,806 | +€10,806 | |
| Taxes, remuneration and social security | 45 | €1,122 | €2,035 | +€913 | +81.4% |
| Taxes | 450/3 | €1,122 | €2,035 | +€913 | +81.4% |
| Turnover | 70 | €290,149 | €418,577 | +€128,428 | +44.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €280,348 | €410,483 | +€130,135 | +46.4% |
| Remuneration, social security and pensions | 62 | €243 | - | -€243 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,845 | €987 | -€858 | -46.5% |
| Gross operating margin | 9900 | €9,801 | €13,253 | +€3,452 | +35.2% |
| Operating profit (loss) | 9901 | €5,713 | €10,265 | +€4,552 | +79.7% |
| Financial income | 75/76B | €78 | €56 | -€22 | -28.1% |
| Recurring financial income | 75 | €78 | €56 | -€22 | -28.1% |
| Financial charges | 65/66B | €104 | €147 | +€43 | +41.7% |
| Recurring financial charges | 65 | €104 | €147 | +€43 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €5,687 | €10,174 | +€4,487 | +78.9% |
| Income taxes | 67/77 | €1,122 | €2,035 | +€913 | +81.4% |
| Profit (loss) for the period | 9904 | €4,565 | €8,139 | +€3,574 | +78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,565 | €8,139 | +€3,574 | +78.3% |
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 10 October 2026 via checked.be.