FMIC: 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.
FMIC
Largest movements
- Receivables within one year +€39,313
up €39,313 (+106%), from €37,182 to €76,494
of which Trade receivables: +€41,393
- Tangible fixed assets -€18,282
down €18,282 (-18.1%), from €101,268 to €82,986
of which Furniture and vehicles: -€11,602
- Cash -€13,372
down €13,372 (-46.4%), from €28,824 to €15,452
mainly Receivables within one year (-€39,313) and Trade debts (-€21,570)
- Stocks and contracts -€12,000
down €12,000 (-100%), from €12,000 to €0
- Trade debts -€21,570
down €21,570 (-44.8%), from €48,197 to €26,627
- Tax, wage and social debts +€14,936
up €14,936 (+258%), from €5,792 to €20,728
of which Taxes: +€11,630
- Reserves +€12,853
up €12,853 (+30.2%), from €42,502 to €55,355
- Debts after one year -€9,536
down €9,536 (-18.8%), from €50,699 to €41,163
of which Financial debts: -€9,536
- Gross operating margin +€22,478
up €22,478 (+37.4%), from €60,177 to €82,656
- Taxes +€8,920
up €8,920 (+7,117%), from €125 to €9,045
- Depreciation +€2,163
up €2,163 (+12.1%), from €17,814 to €19,977
- Other operating charges +€2,146
up €2,146 (+104%), from €2,072 to €4,219
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 | €186,361 | €182,108 | -€4,253 | -2.3% |
| Fixed assets | 21/28 | €106,680 | €88,068 | -€18,612 | -17.4% |
| Intangible fixed assets | 21 | €462 | €132 | -€330 | -71.4% |
| Tangible fixed assets | 22/27 | €101,268 | €82,986 | -€18,282 | -18.1% |
| Plant, machinery and equipment | 23 | €6,007 | €3,427 | -€2,580 | -42.9% |
| Furniture and vehicles | 24 | €42,354 | €30,752 | -€11,602 | -27.4% |
| Leasing and similar rights | 25 | €17,941 | €16,502 | -€1,439 | -8.0% |
| Other tangible fixed assets | 26 | €34,966 | €32,305 | -€2,661 | -7.6% |
| Financial fixed assets | 28 | €4,950 | €4,950 | = | 0.0% |
| Current assets | 29/58 | €79,681 | €94,040 | +€14,359 | +18.0% |
| Stocks and contracts in progress | 3 | €12,000 | €0 | -€12,000 | -100% |
| Stocks | 30/36 | €12,000 | €0 | -€12,000 | -100% |
| Amounts receivable within one year | 40/41 | €37,182 | €76,494 | +€39,313 | +106% |
| Trade receivables | 40 | €31,050 | €72,443 | +€41,393 | +133% |
| Other amounts receivable | 41 | €6,132 | €4,051 | -€2,080 | -33.9% |
| Cash at bank and in hand | 54/58 | €28,824 | €15,452 | -€13,372 | -46.4% |
| Deferred charges and accrued income | 490/1 | €1,675 | €2,094 | +€419 | +25.0% |
| Total equity and liabilities | 10/49 | €186,361 | €182,108 | -€4,253 | -2.3% |
| Equity | 10/15 | €47,502 | €60,355 | +€12,853 | +27.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,502 | €55,355 | +€12,853 | +30.2% |
| Distributable reserves | 133 | €42,502 | €55,355 | +€12,853 | +30.2% |
| Amounts payable | 17/49 | €138,859 | €121,753 | -€17,106 | -12.3% |
| Amounts payable after more than one year | 17 | €50,699 | €41,163 | -€9,536 | -18.8% |
| Financial debts | 170/4 | €25,699 | €16,163 | -€9,536 | -37.1% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €88,160 | €80,590 | -€7,570 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €9,198 | €9,536 | +€338 | +3.7% |
| Trade debts | 44 | €48,197 | €26,627 | -€21,570 | -44.8% |
| Suppliers | 440/4 | €48,197 | €26,627 | -€21,570 | -44.8% |
| Taxes, remuneration and social security | 45 | €5,792 | €20,728 | +€14,936 | +258% |
| Taxes | 450/3 | €994 | €12,624 | +€11,630 | +1,170% |
| Remuneration and social security | 454/9 | €4,799 | €8,104 | +€3,306 | +68.9% |
| Other amounts payable | 47/48 | €24,973 | €23,699 | -€1,274 | -5.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €34,127 | €34,756 | +€629 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,814 | €19,977 | +€2,163 | +12.1% |
| Other operating charges | 640/8 | €2,072 | €4,219 | +€2,146 | +104% |
| Non-recurring operating charges | 66A | €0 | €519 | +€519 | |
| Gross operating margin | 9900 | €60,177 | €82,656 | +€22,478 | +37.4% |
| Operating profit (loss) | 9901 | €6,164 | €23,184 | +€17,020 | +276% |
| Financial income | 75/76B | €208 | €0 | -€208 | -100% |
| Recurring financial income | 75 | €208 | €0 | -€208 | -100% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,585 | €1,286 | -€298 | -18.8% |
| Recurring financial charges | 65 | €1,585 | €1,286 | -€298 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €4,788 | €21,898 | +€17,110 | +357% |
| Income taxes | 67/77 | €125 | €9,045 | +€8,920 | +7,117% |
| Profit (loss) for the period | 9904 | €4,662 | €12,853 | +€8,191 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €4,662 | €12,853 | +€8,191 | +176% |
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 28 October 2026 via checked.be.