FME: 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.
FME
Largest movements
- Receivables within one year +€28,688
up €28,688 (+159.0%), from €18,043 to €46,731
of which Trade receivables: +€25,662
- Stocks and contracts -€5,000
down €5,000 (-13.3%), from €37,500 to €32,500
of which Contracts in progress: -€5,000
- Tangible fixed assets +€1,694
up €1,694 (+111.6%), from €1,517 to €3,211
- Trade debts +€12,272
up €12,272 (+47.4%), from €25,899 to €38,171
- Short-term financial debts +€3,947
up €3,947 (+38.9%), from €10,138 to €14,086
- Profit (loss) carried forward +€3,537
no longer reported in 2025 (was -€3,537)
- Reserves +€2,966
up €2,966 (+21.1%), from €14,044 to €17,010
- Tax, wage and social debts +€2,579
up €2,579 (+197.1%), from €1,308 to €3,887
- Gross operating margin +€13,474
up €13,474 (+449.7%), from €2,997 to €16,470
- Taxes +€3,172
up €3,172, from -€594 to €2,579
- Other operating charges +€2,173
up €2,173 (+322.3%), from €674 to €2,848
- Depreciation -€756
down €756 (-43.5%), from €1,739 to €983
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,269 | €85,553 | +€25,285 | +42.0% |
| Fixed assets | 21/28 | €1,645 | €3,339 | +€1,694 | +102.9% |
| Tangible fixed assets | 22/27 | €1,517 | €3,211 | +€1,694 | +111.6% |
| Furniture and vehicles | 24 | €1,517 | €3,211 | +€1,694 | +111.6% |
| Financial fixed assets | 28 | €128 | €128 | = | 0.0% |
| Current assets | 29/58 | €58,623 | €82,214 | +€23,591 | +40.2% |
| Stocks and contracts in progress | 3 | €37,500 | €32,500 | -€5,000 | -13.3% |
| Stocks | 30/36 | €32,500 | €32,500 | = | 0.0% |
| Contracts in progress | 37 | €5,000 | - | -€5,000 | |
| Amounts receivable within one year | 40/41 | €18,043 | €46,731 | +€28,688 | +159.0% |
| Trade receivables | 40 | €17,690 | €43,352 | +€25,662 | +145.1% |
| Other amounts receivable | 41 | €353 | €3,379 | +€3,026 | +857.6% |
| Deferred charges and accrued income | 490/1 | €3,080 | €2,984 | -€97 | -3.1% |
| Total equity and liabilities | 10/49 | €60,269 | €85,553 | +€25,285 | +42.0% |
| Equity | 10/15 | €22,907 | €29,410 | +€6,503 | +28.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,044 | €17,010 | +€2,966 | +21.1% |
| Distributable reserves | 133 | €14,044 | €17,010 | +€2,966 | +21.1% |
| Profit (loss) carried forward | 14 | -€3,537 | - | +€3,537 | |
| Amounts payable | 17/49 | €37,361 | €56,143 | +€18,782 | +50.3% |
| Amounts payable within one year | 42/48 | €37,361 | €56,143 | +€18,782 | +50.3% |
| Financial debts | 43 | €10,138 | €14,086 | +€3,947 | +38.9% |
| Credit institutions | 430/8 | €10,138 | €14,086 | +€3,947 | +38.9% |
| Trade debts | 44 | €25,899 | €38,171 | +€12,272 | +47.4% |
| Suppliers | 440/4 | €25,899 | €38,171 | +€12,272 | +47.4% |
| Taxes, remuneration and social security | 45 | €1,308 | €3,887 | +€2,579 | +197.1% |
| Taxes | 450/3 | €1,308 | €3,887 | +€2,579 | +197.1% |
| Other amounts payable | 47/48 | €16 | - | -€16 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,739 | €983 | -€756 | -43.5% |
| Other operating charges | 640/8 | €674 | €2,848 | +€2,173 | +322.3% |
| Gross operating margin | 9900 | €2,997 | €16,470 | +€13,474 | +449.7% |
| Operating profit (loss) | 9901 | €583 | €12,640 | +€12,057 | +2066.9% |
| Financial income | 75/76B | €1 | €96 | +€95 | +13428.2% |
| Recurring financial income | 75 | €1 | €96 | +€95 | +13428.2% |
| Financial charges | 65/66B | €3,780 | €3,655 | -€125 | -3.3% |
| Recurring financial charges | 65 | €3,780 | €3,655 | -€125 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,196 | €9,081 | +€12,277 | |
| Income taxes | 67/77 | -€594 | €2,579 | +€3,172 | |
| Profit (loss) for the period | 9904 | -€2,602 | €6,503 | +€9,105 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,602 | €6,503 | +€9,105 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.