FMAZ: 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.
FMAZ
Largest movements
- Receivables within one year +€8,606
up €8,606 (+26.4%), from €32,656 to €41,263
of which Other amounts receivable: +€8,490
- Stocks and contracts +€892
up €892 (+6.8%), from €13,058 to €13,950
- Profit (loss) carried forward +€12,021
up €12,021 (+32.6%), from €36,826 to €48,848
- Tax, wage and social debts -€4,113
down €4,113 (-35.7%), from €11,512 to €7,399
- Trade debts +€1,426
up €1,426 (+404.5%), from €353 to €1,778
- Gross operating margin +€2,443
up €2,443 (+13.1%), from €18,632 to €21,075
- Financial income +€2,415
new in 2024: €2,415
- Taxes +€916
up €916 (+37.3%), from €2,459 to €3,375
- Other operating charges +€907
up €907 (+14.0%), from €6,493 to €7,401
- Financial charges -€238
down €238 (-31.9%), from €744 to €506
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 | €49,691 | €59,025 | +€9,334 | +18.8% |
| Fixed assets | 21/28 | €319 | €131 | -€187 | -58.8% |
| Tangible fixed assets | 22/27 | €319 | €131 | -€187 | -58.8% |
| Furniture and vehicles | 24 | €319 | €131 | -€187 | -58.8% |
| Current assets | 29/58 | €49,372 | €58,894 | +€9,522 | +19.3% |
| Stocks and contracts in progress | 3 | €13,058 | €13,950 | +€892 | +6.8% |
| Stocks | 30/36 | €13,058 | €13,950 | +€892 | +6.8% |
| Amounts receivable within one year | 40/41 | €32,656 | €41,263 | +€8,606 | +26.4% |
| Trade receivables | 40 | - | €116 | +€116 | |
| Other amounts receivable | 41 | €32,656 | €41,147 | +€8,490 | +26.0% |
| Cash at bank and in hand | 54/58 | €3,658 | €3,681 | +€24 | +0.6% |
| Total equity and liabilities | 10/49 | €49,691 | €59,025 | +€9,334 | +18.8% |
| Equity | 10/15 | €37,826 | €49,848 | +€12,021 | +31.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,826 | €48,848 | +€12,021 | +32.6% |
| Amounts payable | 17/49 | €11,865 | €9,178 | -€2,687 | -22.6% |
| Amounts payable within one year | 42/48 | €11,865 | €9,178 | -€2,687 | -22.6% |
| Trade debts | 44 | €353 | €1,778 | +€1,426 | +404.5% |
| Suppliers | 440/4 | €353 | €1,778 | +€1,426 | +404.5% |
| Taxes, remuneration and social security | 45 | €11,512 | €7,399 | -€4,113 | -35.7% |
| Taxes | 450/3 | €11,512 | €7,399 | -€4,113 | -35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156 | €187 | +€31 | +20.0% |
| Other operating charges | 640/8 | €6,493 | €7,401 | +€907 | +14.0% |
| Gross operating margin | 9900 | €18,632 | €21,075 | +€2,443 | +13.1% |
| Operating profit (loss) | 9901 | €11,982 | €13,487 | +€1,505 | +12.6% |
| Financial income | 75/76B | - | €2,415 | +€2,415 | |
| Recurring financial income | 75 | - | €2,415 | +€2,415 | |
| Financial charges | 65/66B | €744 | €506 | -€238 | -31.9% |
| Recurring financial charges | 65 | €744 | €506 | -€238 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €11,239 | €15,396 | +€4,157 | +37.0% |
| Income taxes | 67/77 | €2,459 | €3,375 | +€916 | +37.3% |
| Profit (loss) for the period | 9904 | €8,780 | €12,021 | +€3,241 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,780 | €12,021 | +€3,241 | +36.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.