FMB INVEST: 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.
FMB INVEST
Largest movements
- Tangible fixed assets -€25,777
down €25,777 (-15.0%), from €171,768 to €145,990
- Current investments -€3,798
down €3,798 (-2.0%), from €191,684 to €187,887
- Profit (loss) carried forward -€33,036
down €33,036 (-91.4%), from €36,138 to €3,101
- Other debts +€4,700
up €4,700 (+6.4%), from €73,154 to €77,854
- Financial income +€4,107
up €4,107 (+381%), from €1,079 to €5,186
- Gross operating margin -€3,844
down €3,844, from €2,922 to -€923
- Financial charges +€252
up €252 (+4.5%), from €5,626 to €5,878
- Other operating charges +€176
up €176 (+3.2%), from €5,468 to €5,644
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 | €372,805 | €344,956 | -€27,849 | -7.5% |
| Fixed assets | 21/28 | €171,768 | €145,990 | -€25,777 | -15.0% |
| Tangible fixed assets | 22/27 | €171,768 | €145,990 | -€25,777 | -15.0% |
| Land and buildings | 22 | €171,768 | €145,990 | -€25,777 | -15.0% |
| Current assets | 29/58 | €201,037 | €198,966 | -€2,072 | -1.0% |
| Amounts receivable within one year | 40/41 | €487 | €634 | +€147 | +30.2% |
| Other amounts receivable | 41 | €487 | €634 | +€147 | +30.2% |
| Current investments | 50/53 | €191,684 | €187,887 | -€3,798 | -2.0% |
| Cash at bank and in hand | 54/58 | €8,254 | €10,416 | +€2,162 | +26.2% |
| Deferred charges and accrued income | 490/1 | €613 | €29 | -€584 | -95.3% |
| Total equity and liabilities | 10/49 | €372,805 | €344,956 | -€27,849 | -7.5% |
| Equity | 10/15 | €241,853 | €208,816 | -€33,036 | -13.7% |
| Contributions | 10/11 | €50,650 | €50,650 | = | 0.0% |
| Reserves | 13 | €155,065 | €155,065 | = | 0.0% |
| Distributable reserves | 133 | €155,065 | €155,065 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,138 | €3,101 | -€33,036 | -91.4% |
| Amounts payable | 17/49 | €130,952 | €136,140 | +€5,187 | +4.0% |
| Amounts payable within one year | 42/48 | €73,154 | €77,982 | +€4,828 | +6.6% |
| Trade debts | 44 | €0 | €128 | +€128 | |
| Suppliers | 440/4 | €0 | €128 | +€128 | |
| Other amounts payable | 47/48 | €73,154 | €77,854 | +€4,700 | +6.4% |
| Accrued charges and deferred income | 492/3 | €57,798 | €58,157 | +€359 | +0.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,777 | €25,777 | = | 0.0% |
| Other operating charges | 640/8 | €5,468 | €5,644 | +€176 | +3.2% |
| Gross operating margin | 9900 | €2,922 | -€923 | -€3,844 | |
| Operating profit (loss) | 9901 | -€28,323 | -€32,344 | -€4,021 | -14.2% |
| Financial income | 75/76B | €1,079 | €5,186 | +€4,107 | +381% |
| Recurring financial income | 75 | €1,079 | €5,186 | +€4,107 | +381% |
| Financial charges | 65/66B | €5,626 | €5,878 | +€252 | +4.5% |
| Recurring financial charges | 65 | €5,626 | €5,878 | +€252 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€32,871 | -€33,036 | -€165 | -0.5% |
| Profit (loss) for the period | 9904 | -€32,871 | -€33,036 | -€165 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,871 | -€33,036 | -€165 | -0.5% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.