FMGC: what changed
Two fiscal 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.
FMGC
Largest movements
- Cash +€74,684
up €74,684 (+13646.9%), from €547 to €75,231
mainly Net result for the year (+€58,664) and Tax, wage and social debts (+€12,229)
- Reserves +€55,000
new in 2025: €55,000
- Tax, wage and social debts +€12,229
new in 2025: €12,229
- Trade debts +€4,649
new in 2025: €4,649
- Profit (loss) carried forward +€3,664
up €3,664, from -€1,859 to €1,805
- Gross operating margin +€79,724
up €79,724, from -€1,859 to €77,865
- Taxes +€20,471
new in 2025: €20,471
- Financial income +€1,550
new in 2025: €1,550
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
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 | €633 | €75,795 | +€75,163 | +11880.8% |
| Current assets | 29/58 | €633 | €75,795 | +€75,163 | +11880.8% |
| Amounts receivable within one year | 40/41 | €85 | - | -€85 | |
| Trade receivables | 40 | €85 | - | -€85 | |
| Cash at bank and in hand | 54/58 | €547 | €75,231 | +€74,684 | +13646.9% |
| Deferred charges and accrued income | 490/1 | - | €564 | +€564 | |
| Total equity and liabilities | 10/49 | €633 | €75,795 | +€75,163 | +11880.8% |
| Equity | 10/15 | €141 | €58,805 | +€58,664 | +41502.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €55,000 | +€55,000 | |
| Distributable reserves | 133 | - | €55,000 | +€55,000 | |
| Profit (loss) carried forward | 14 | -€1,859 | €1,805 | +€3,664 | |
| Amounts payable | 17/49 | €491 | €16,990 | +€16,499 | +3358.2% |
| Amounts payable within one year | 42/48 | €491 | €16,990 | +€16,499 | +3358.2% |
| Trade debts | 44 | - | €4,649 | +€4,649 | |
| Suppliers | 440/4 | - | €4,649 | +€4,649 | |
| Taxes, remuneration and social security | 45 | - | €12,229 | +€12,229 | |
| Taxes | 450/3 | - | €12,229 | +€12,229 | |
| Other amounts payable | 47/48 | €491 | €111 | -€380 | -77.4% |
| Gross operating margin | 9900 | -€1,859 | €77,865 | +€79,724 | |
| Operating profit (loss) | 9901 | -€1,859 | €77,865 | +€79,724 | |
| Financial income | 75/76B | - | €1,550 | +€1,550 | |
| Recurring financial income | 75 | - | €1,550 | +€1,550 | |
| Financial charges | 65/66B | €0 | €280 | +€279 | +186253.3% |
| Recurring financial charges | 65 | €0 | €280 | +€279 | +186253.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,859 | €79,135 | +€80,994 | |
| Income taxes | 67/77 | - | €20,471 | +€20,471 | |
| Profit (loss) for the period | 9904 | -€1,859 | €58,664 | +€60,523 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,859 | €58,664 | +€60,523 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.