FMG Company: 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.
FMG Company
Largest movements
- Receivables within one year -€5,869
down €5,869 (-33.2%), from €17,701 to €11,832
of which Trade receivables: -€5,000
- Debts after one year -€32,316
down €32,316 (-11.6%), from €277,851 to €245,535
- Profit (loss) carried forward +€25,678
up €25,678 (+55.2%), from €46,477 to €72,155
- Tax, wage and social debts +€9,402
up €9,402 (+305%), from €3,087 to €12,489
- Current portion of long-term debt -€6,722
down €6,722 (-17.2%), from €39,040 to €32,317
- Gross operating margin -€32,355
down €32,355 (-38.5%), from €84,096 to €51,741
- Financial charges -€8,602
down €8,602 (-41.0%), from €21,005 to €12,403
- Taxes -€3,233
down €3,233 (-25.5%), from €12,700 to €9,467
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
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 | €375,191 | €370,915 | -€4,277 | -1.1% |
| Fixed assets | 21/28 | €357,130 | €358,640 | +€1,510 | +0.4% |
| Tangible fixed assets | 22/27 | €7,130 | €8,640 | +€1,510 | +21.2% |
| Plant, machinery and equipment | 23 | €2,442 | €1,763 | -€679 | -27.8% |
| Furniture and vehicles | 24 | €4,687 | €6,877 | +€2,189 | +46.7% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €18,062 | €12,275 | -€5,787 | -32.0% |
| Amounts receivable within one year | 40/41 | €17,701 | €11,832 | -€5,869 | -33.2% |
| Trade receivables | 40 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Other amounts receivable | 41 | €7,701 | €6,832 | -€869 | -11.3% |
| Deferred charges and accrued income | 490/1 | €361 | €443 | +€82 | +22.7% |
| Total equity and liabilities | 10/49 | €375,191 | €370,915 | -€4,277 | -1.1% |
| Equity | 10/15 | €48,977 | €74,655 | +€25,678 | +52.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | - | €2,500 | +€2,500 | |
| Other | 1109/19 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €46,477 | €72,155 | +€25,678 | +55.2% |
| Amounts payable | 17/49 | €326,214 | €296,260 | -€29,954 | -9.2% |
| Amounts payable after more than one year | 17 | €277,851 | €245,535 | -€32,316 | -11.6% |
| Financial debts | 170/4 | €277,851 | €245,535 | -€32,316 | -11.6% |
| Amounts payable within one year | 42/48 | €47,775 | €50,195 | +€2,420 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €39,040 | €32,317 | -€6,722 | -17.2% |
| Financial debts | 43 | €5,348 | €4,212 | -€1,136 | -21.2% |
| Credit institutions | 430/8 | €5,348 | €4,212 | -€1,136 | -21.2% |
| Trade debts | 44 | €301 | €1,177 | +€876 | +291% |
| Suppliers | 440/4 | €301 | €1,177 | +€876 | +291% |
| Taxes, remuneration and social security | 45 | €3,087 | €12,489 | +€9,402 | +305% |
| Taxes | 450/3 | €3,087 | €12,489 | +€9,402 | +305% |
| Accrued charges and deferred income | 492/3 | €588 | €529 | -€59 | -10.0% |
| Non-recurring operating income | 76A | - | €1,049 | +€1,049 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,189 | €4,039 | -€150 | -3.6% |
| Other operating charges | 640/8 | €138 | €161 | +€23 | +16.8% |
| Gross operating margin | 9900 | €84,096 | €51,741 | -€32,355 | -38.5% |
| Operating profit (loss) | 9901 | €79,769 | €47,540 | -€32,229 | -40.4% |
| Financial income | 75/76B | €413 | €7 | -€406 | -98.3% |
| Recurring financial income | 75 | €413 | €7 | -€406 | -98.3% |
| Financial charges | 65/66B | €21,005 | €12,403 | -€8,602 | -41.0% |
| Recurring financial charges | 65 | €21,005 | €12,403 | -€8,602 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €59,177 | €35,145 | -€24,032 | -40.6% |
| Income taxes | 67/77 | €12,700 | €9,467 | -€3,233 | -25.5% |
| Profit (loss) for the period | 9904 | €46,477 | €25,678 | -€20,799 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,477 | €25,678 | -€20,799 | -44.8% |
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 29 October 2026 via checked.be.