FMH LEX: 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.
FMH LEX
Largest movements
- Cash -€6,157
down €6,157 (-82.3%), from €7,484 to €1,328
mainly Tax, wage and social debts (-€9,364) and Net result for the year (-€535)
- Receivables within one year -€2,239
no longer reported in 2025 (was €2,239)
of which Other amounts receivable: -€1,479
- Deferred charges and accrued income -€662
down €662 (-23.6%), from €2,811 to €2,148
- Tax, wage and social debts -€9,364
down €9,364 (-75.7%), from €12,374 to €3,011
of which Remuneration and social security: -€6,273
- Trade debts +€557
up €557 (+67.9%), from €819 to €1,376
- Profit (loss) carried forward -€535
down €535 (-16.5%), from -€3,235 to -€3,771
- Other debts +€284
up €284 (+49.3%), from €576 to €860
- Financial charges -€422
down €422 (-26.3%), from €1,604 to €1,182
- Gross operating margin -€291
down €291 (-19.5%), from €1,494 to €1,203
- Taxes -€118
down €118 (-17.5%), from €675 to €557
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 | €12,534 | €3,476 | -€9,058 | -72.3% |
| Current assets | 29/58 | €12,534 | €3,476 | -€9,058 | -72.3% |
| Amounts receivable within one year | 40/41 | €2,239 | - | -€2,239 | |
| Trade receivables | 40 | €760 | - | -€760 | |
| Other amounts receivable | 41 | €1,479 | - | -€1,479 | |
| Cash at bank and in hand | 54/58 | €7,484 | €1,328 | -€6,157 | -82.3% |
| Deferred charges and accrued income | 490/1 | €2,811 | €2,148 | -€662 | -23.6% |
| Total equity and liabilities | 10/49 | €12,534 | €3,476 | -€9,058 | -72.3% |
| Equity | 10/15 | -€1,235 | -€1,771 | -€535 | -43.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,235 | -€3,771 | -€535 | -16.5% |
| Amounts payable | 17/49 | €13,769 | €5,247 | -€8,523 | -61.9% |
| Amounts payable within one year | 42/48 | €13,769 | €5,247 | -€8,523 | -61.9% |
| Trade debts | 44 | €819 | €1,376 | +€557 | +67.9% |
| Suppliers | 440/4 | €819 | €1,376 | +€557 | +67.9% |
| Taxes, remuneration and social security | 45 | €12,374 | €3,011 | -€9,364 | -75.7% |
| Taxes | 450/3 | €5,836 | €2,745 | -€3,091 | -53.0% |
| Remuneration and social security | 454/9 | €6,538 | €265 | -€6,273 | -95.9% |
| Other amounts payable | 47/48 | €576 | €860 | +€284 | +49.3% |
| Gross operating margin | 9900 | €1,494 | €1,203 | -€291 | -19.5% |
| Operating profit (loss) | 9901 | €1,494 | €1,203 | -€291 | -19.5% |
| Financial charges | 65/66B | €1,604 | €1,182 | -€422 | -26.3% |
| Recurring financial charges | 65 | €1,604 | €1,182 | -€422 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€109 | €22 | +€131 | |
| Income taxes | 67/77 | €675 | €557 | -€118 | -17.5% |
| Profit (loss) for the period | 9904 | -€785 | -€535 | +€249 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€785 | -€535 | +€249 | +31.8% |
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 19 October 2026 via checked.be.