FMiD: 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.
FMiD
Largest movements
- Cash +€83,366
up €83,366 (+33.2%), from €251,266 to €334,632
mainly Other debts (+€178,375) and Net result for the year (+€147,683)
- Receivables within one year +€8,735
up €8,735 (+12.6%), from €69,416 to €78,151
of which Trade receivables: +€5,972
- Other debts +€178,375
up €178,375 (+667.5%), from €26,725 to €205,100
- Reserves -€63,519
down €63,519 (-24.8%), from €255,945 to €192,427
of which Distributable reserves: -€70,619
- Trade debts -€18,779
down €18,779 (-74.3%), from €25,277 to €6,498
- Gross operating margin +€33,026
up €33,026 (+19.1%), from €173,277 to €206,303
- Taxes +€7,082
up €7,082 (+19.0%), from €37,270 to €44,352
- Financial charges +€4,881
up €4,881 (+9039.4%), from €54 to €4,935
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €358,805 | €452,900 | +€94,095 | +26.2% |
| Fixed assets | 21/28 | €35,529 | €39,177 | +€3,648 | +10.3% |
| Intangible fixed assets | 21 | €851 | €636 | -€215 | -25.2% |
| Tangible fixed assets | 22/27 | €34,678 | €38,541 | +€3,863 | +11.1% |
| Land and buildings | 22 | €13,861 | €11,650 | -€2,211 | -15.9% |
| Plant, machinery and equipment | 23 | €66 | - | -€66 | |
| Furniture and vehicles | 24 | €20,751 | €26,890 | +€6,139 | +29.6% |
| Current assets | 29/58 | €323,276 | €413,723 | +€90,447 | +28.0% |
| Amounts receivable within one year | 40/41 | €69,416 | €78,151 | +€8,735 | +12.6% |
| Trade receivables | 40 | €64,845 | €70,817 | +€5,972 | +9.2% |
| Other amounts receivable | 41 | €4,571 | €7,334 | +€2,763 | +60.4% |
| Cash at bank and in hand | 54/58 | €251,266 | €334,632 | +€83,366 | +33.2% |
| Deferred charges and accrued income | 490/1 | €2,594 | €940 | -€1,653 | -63.7% |
| Total equity and liabilities | 10/49 | €358,805 | €452,900 | +€94,095 | +26.2% |
| Equity | 10/15 | €274,545 | €211,027 | -€63,519 | -23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €255,945 | €192,427 | -€63,519 | -24.8% |
| Tax-exempt reserves | 132 | €36,123 | €43,223 | +€7,100 | +19.7% |
| Distributable reserves | 133 | €219,822 | €149,204 | -€70,619 | -32.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €84,260 | €241,873 | +€157,613 | +187.1% |
| Amounts payable within one year | 42/48 | €84,260 | €241,873 | +€157,613 | +187.1% |
| Trade debts | 44 | €25,277 | €6,498 | -€18,779 | -74.3% |
| Suppliers | 440/4 | €25,277 | €6,498 | -€18,779 | -74.3% |
| Taxes, remuneration and social security | 45 | €32,258 | €30,275 | -€1,983 | -6.1% |
| Taxes | 450/3 | €32,258 | €30,275 | -€1,983 | -6.1% |
| Other amounts payable | 47/48 | €26,725 | €205,100 | +€178,375 | +667.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,473 | €8,311 | -€161 | -1.9% |
| Other operating charges | 640/8 | €1,278 | €1,021 | -€257 | -20.1% |
| Gross operating margin | 9900 | €173,277 | €206,303 | +€33,026 | +19.1% |
| Operating profit (loss) | 9901 | €163,526 | €196,971 | +€33,445 | +20.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €4,935 | +€4,881 | +9039.4% |
| Recurring financial charges | 65 | €54 | €4,935 | +€4,881 | +9039.4% |
| Profit (loss) for the period before taxes | 9903 | €163,472 | €192,035 | +€28,563 | +17.5% |
| Income taxes | 67/77 | €37,270 | €44,352 | +€7,082 | +19.0% |
| Profit (loss) for the period | 9904 | €126,202 | €147,683 | +€21,481 | +17.0% |
| Transfer to tax-exempt reserves | 689 | €35,000 | €7,100 | -€27,900 | -79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,202 | €140,583 | +€49,381 | +54.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.