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FMD TRANSPORT: 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.

What changed

FMD TRANSPORT

BE 0779.995.410
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€24,274
2024 · €18,334+€5,940
Equity
€53,436
2024 · €67,162-€13,726
Cash
€57,846
2024 · €43,457+€14,389
Balance sheet total
€87,970
2024 · €84,936+€3,033

Largest movements

2024 to 2025
Assets
  • Cash +€14,389

    up €14,389 (+33.1%), from €43,457 to €57,846

    mainly Net result for the year (+€24,274) and Tax, wage and social debts (+€11,651)

  • Receivables within one year -€9,433

    down €9,433 (-27.0%), from €34,893 to €25,461

    of which Other amounts receivable: -€6,722

  • Tangible fixed assets -€1,050

    down €1,050 (-90.8%), from €1,156 to €106

Equity and liabilities
  • Profit (loss) carried forward -€13,726

    down €13,726 (-26.3%), from €52,162 to €38,436

  • Tax, wage and social debts +€11,651

    up €11,651 (+120%), from €9,739 to €21,390

    of which Taxes: +€8,621

  • Other debts +€7,043

    up €7,043, from €0 to €7,043

  • Trade debts -€1,934

    down €1,934 (-24.1%), from €8,034 to €6,100

Income statement
  • Gross operating margin +€3,768

    up €3,768 (+5.1%), from €73,204 to €76,972

  • Other operating charges -€2,814

    down €2,814 (-11.1%), from €25,300 to €22,485

  • Taxes +€2,009

    up €2,009 (+43.8%), from €4,589 to €6,598

  • Staff costs -€1,590

    down €1,590 (-6.7%), from €23,772 to €22,181

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €18,334
Gross operating margin +€3,768
Staff costs +€1,590
Depreciation -€106
Other operating charges +€2,814
Financial income -€158
Financial charges +€40
Taxes -€2,009
Result 2025 €24,274
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€52,389
Investment €0
Financing -€38,000
Cash 2024 €43,457
Net result for the year +€24,274
Depreciation +€1,050
Receivables within one year +€9,433
Deferred charges and accrued income +€873
Trade debts -€1,934
Tax, wage and social debts +€11,651
Other debts +€7,043
Contributions, distributions and other -€38,000
Cash 2025 €57,846
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €84,936 €87,970 +€3,033 +3.6%
Fixed assets 21/28 €3,766 €2,716 -€1,050 -27.9%
Tangible fixed assets 22/27 €1,156 €106 -€1,050 -90.8%
Furniture and vehicles 24 €1,156 €106 -€1,050 -90.8%
Financial fixed assets 28 €2,610 €2,610 = 0.0%
Current assets 29/58 €81,170 €85,253 +€4,083 +5.0%
Amounts receivable within one year 40/41 €34,893 €25,461 -€9,433 -27.0%
Trade receivables 40 €27,934 €25,223 -€2,711 -9.7%
Other amounts receivable 41 €6,959 €238 -€6,722 -96.6%
Cash at bank and in hand 54/58 €43,457 €57,846 +€14,389 +33.1%
Deferred charges and accrued income 490/1 €2,820 €1,946 -€873 -31.0%
Total equity and liabilities 10/49 €84,936 €87,970 +€3,033 +3.6%
Equity 10/15 €67,162 €53,436 -€13,726 -20.4%
Contributions 10/11 €15,000 €15,000 = 0.0%
Profit (loss) carried forward 14 €52,162 €38,436 -€13,726 -26.3%
Amounts payable 17/49 €17,774 €34,533 +€16,760 +94.3%
Amounts payable within one year 42/48 €17,774 €34,533 +€16,760 +94.3%
Trade debts 44 €8,034 €6,100 -€1,934 -24.1%
Suppliers 440/4 €8,034 €6,100 -€1,934 -24.1%
Taxes, remuneration and social security 45 €9,739 €21,390 +€11,651 +120%
Taxes 450/3 €9,739 €18,360 +€8,621 +88.5%
Remuneration and social security 454/9 €0 €3,030 +€3,030
Other amounts payable 47/48 €0 €7,043 +€7,043
Remuneration, social security and pensions 62 €23,772 €22,181 -€1,590 -6.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €944 €1,050 +€106 +11.2%
Other operating charges 640/8 €25,300 €22,485 -€2,814 -11.1%
Gross operating margin 9900 €73,204 €76,972 +€3,768 +5.1%
Operating profit (loss) 9901 €23,189 €31,255 +€8,066 +34.8%
Financial income 75/76B €158 €0 -€158 -100.0%
Recurring financial income 75 €158 €0 -€158 -100.0%
Financial charges 65/66B €423 €383 -€40 -9.4%
Recurring financial charges 65 €423 €383 -€40 -9.4%
Profit (loss) for the period before taxes 9903 €22,923 €30,872 +€7,948 +34.7%
Income taxes 67/77 €4,589 €6,598 +€2,009 +43.8%
Profit (loss) for the period 9904 €18,334 €24,274 +€5,940 +32.4%
Profit (loss) for the period to be appropriated 9905 €18,334 €24,274 +€5,940 +32.4%

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 20 October 2026 via checked.be.