FMGP MANAGEMENT: 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.
FMGP MANAGEMENT
Largest movements
- Deferred charges and accrued income +€1,380
up €1,380 (+52.2%), from €2,644 to €4,024
- Cash -€1,027
down €1,027 (-49.8%), from €2,065 to €1,037
mainly Deferred charges and accrued income (-€1,380)
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€385
down €385 (-89.9%), from €428 to €43
- Gross operating margin +€68
up €68 (+6.9%), from -€984 to -€916
- Financial charges -€55
down €55 (-90.2%), from €61 to €6
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €55,343 | €55,358 | +€15 | 0.0% |
| Fixed assets | 21/28 | €339 | €296 | -€43 | -12.7% |
| Tangible fixed assets | 22/27 | €339 | €296 | -€43 | -12.7% |
| Furniture and vehicles | 24 | €339 | €296 | -€43 | -12.7% |
| Current assets | 29/58 | €55,003 | €55,062 | +€59 | +0.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €294 | - | -€294 | |
| Other amounts receivable | 41 | €294 | - | -€294 | |
| Cash at bank and in hand | 54/58 | €2,065 | €1,037 | -€1,027 | -49.8% |
| Deferred charges and accrued income | 490/1 | €2,644 | €4,024 | +€1,380 | +52.2% |
| Total equity and liabilities | 10/49 | €55,343 | €55,358 | +€15 | 0.0% |
| Equity | 10/15 | €55,222 | €55,238 | +€15 | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,500 | €22,500 | = | 0.0% |
| Distributable reserves | 133 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,722 | €29,738 | +€15 | +0.1% |
| Amounts payable | 17/49 | €120 | €120 | = | 0.0% |
| Amounts payable within one year | 42/48 | €120 | €120 | = | 0.0% |
| Other amounts payable | 47/48 | €120 | €120 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €428 | €43 | -€385 | -89.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€984 | -€916 | +€68 | +6.9% |
| Operating profit (loss) | 9901 | -€1,799 | -€1,359 | +€441 | +24.5% |
| Financial income | 75/76B | €1,380 | €1,380 | = | 0.0% |
| Recurring financial income | 75 | €1,380 | €1,380 | = | 0.0% |
| Financial charges | 65/66B | €61 | €6 | -€55 | -90.2% |
| Recurring financial charges | 65 | €61 | €6 | -€55 | -90.2% |
| Profit (loss) for the period before taxes | 9903 | -€480 | €15 | +€496 | |
| Profit (loss) for the period | 9904 | -€480 | €15 | +€496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€480 | €15 | +€496 |
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 23 October 2026 via checked.be.