FMG HOLDING: 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 HOLDING
Largest movements
- Receivables within one year +€189,005
up €189,005 (+25.1%), from €752,885 to €941,890
of which Trade receivables: +€169,505
- Contributions -€1.1m
down €1.1m (-28.9%), from €3.9m to €2.8m
- Reserves +€1.1m
new in 2025: €1.1m
- Profit (loss) carried forward +€238,165
up €238,165 (+28.3%), from €841,534 to €1.1m
- Trade debts +€151,873
up €151,873 (+15.8%), from €963,141 to €1.1m
- Debts after one year -€150,228
down €150,228 (-15.8%), from €950,942 to €800,714
- Gross operating margin +€134,705
up €134,705 (+1,500%), from €8,978 to €143,683
- Financial income +€46,044
up €46,044 (+54.9%), from €83,889 to €129,933
- Financial charges +€26,206
up €26,206 (+318%), from €8,246 to €34,452
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 | €6,783,663 | €7,028,231 | +€244,568 | +3.6% |
| Fixed assets | 21/28 | €4,861,938 | €4,861,938 | = | 0.0% |
| Financial fixed assets | 28 | €4,861,938 | €4,861,938 | = | 0.0% |
| Current assets | 29/58 | €1,921,725 | €2,166,293 | +€244,568 | +12.7% |
| Amounts receivable within one year | 40/41 | €752,885 | €941,890 | +€189,005 | +25.1% |
| Trade receivables | 40 | €752,885 | €922,390 | +€169,505 | +22.5% |
| Other amounts receivable | 41 | - | €19,500 | +€19,500 | |
| Current investments | 50/53 | €1,120,000 | €1,120,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,840 | €104,403 | +€55,563 | +114% |
| Total equity and liabilities | 10/49 | €6,783,663 | €7,028,231 | +€244,568 | +3.6% |
| Equity | 10/15 | €4,711,659 | €4,949,824 | +€238,165 | +5.1% |
| Contributions | 10/11 | €3,870,125 | €2,750,125 | -€1.1m | -28.9% |
| Reserves | 13 | - | €1,120,000 | +€1.1m | |
| Non-distributable reserves | 130/1 | - | €1,120,000 | +€1.1m | |
| Own shares acquired | 1312 | - | €1,120,000 | +€1.1m | |
| Profit (loss) carried forward | 14 | €841,534 | €1,079,699 | +€238,165 | +28.3% |
| Amounts payable | 17/49 | €2,072,004 | €2,078,407 | +€6,403 | +0.3% |
| Amounts payable after more than one year | 17 | €950,942 | €800,714 | -€150,228 | -15.8% |
| Financial debts | 170/4 | €950,942 | €800,714 | -€150,228 | -15.8% |
| Amounts payable within one year | 42/48 | €1,121,062 | €1,277,693 | +€156,631 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €145,321 | €150,228 | +€4,907 | +3.4% |
| Trade debts | 44 | €963,141 | €1,115,013 | +€151,873 | +15.8% |
| Suppliers | 440/4 | €963,141 | €1,115,013 | +€151,873 | +15.8% |
| Taxes, remuneration and social security | 45 | €12,600 | €12,452 | -€148 | -1.2% |
| Taxes | 450/3 | €12,600 | €12,452 | -€148 | -1.2% |
| Other operating charges | 640/8 | €982 | €998 | +€17 | +1.7% |
| Gross operating margin | 9900 | €8,978 | €143,683 | +€134,705 | +1,500% |
| Operating profit (loss) | 9901 | €7,996 | €142,684 | +€134,688 | +1,684% |
| Financial income | 75/76B | €83,889 | €129,933 | +€46,044 | +54.9% |
| Recurring financial income | 75 | €83,889 | €129,933 | +€46,044 | +54.9% |
| Financial charges | 65/66B | €8,246 | €34,452 | +€26,206 | +318% |
| Recurring financial charges | 65 | €8,246 | €34,452 | +€26,206 | +318% |
| Profit (loss) for the period before taxes | 9903 | €83,638 | €238,165 | +€154,527 | +185% |
| Profit (loss) for the period | 9904 | €83,638 | €238,165 | +€154,527 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €83,638 | €238,165 | +€154,527 | +185% |
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 14 October 2026 via checked.be.