FMP: 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.
FMP
Largest movements
- Receivables within one year -€5,174
down €5,174 (-16.4%), from €31,603 to €26,429
of which Other amounts receivable: -€5,289
- Financial fixed assets +€3,000
up €3,000 (+39.1%), from €7,675 to €10,675
- Cash +€2,032
up €2,032 (+35.6%), from €5,714 to €7,746
mainly Receivables within one year (+€5,174) and Net result for the year (+€4,638)
- Tangible fixed assets -€561
down €561 (-11.8%), from €4,743 to €4,182
- Reserves +€4,638
up €4,638 (+19.9%), from €23,351 to €27,989
- Tax, wage and social debts -€3,919
down €3,919 (-36.9%), from €10,608 to €6,688
- Trade debts -€2,951
down €2,951 (-23.7%), from €12,460 to €9,509
- Other debts +€1,341
up €1,341 (+439.7%), from €305 to €1,646
- Gross operating margin +€4,571
up €4,571 (+53.7%), from €8,507 to €13,079
- Other operating charges +€1,404
up €1,404 (+1189.6%), from €118 to €1,522
- Taxes +€596
up €596 (+23.5%), from €2,531 to €3,127
- Staff costs +€214
new in 2025: €214
- Financial income -€205
down €205 (-14.8%), from €1,386 to €1,180
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 | €49,924 | €49,032 | -€892 | -1.8% |
| Fixed assets | 21/28 | €12,418 | €14,857 | +€2,439 | +19.6% |
| Tangible fixed assets | 22/27 | €4,743 | €4,182 | -€561 | -11.8% |
| Furniture and vehicles | 24 | €4,743 | €4,182 | -€561 | -11.8% |
| Financial fixed assets | 28 | €7,675 | €10,675 | +€3,000 | +39.1% |
| Current assets | 29/58 | €37,506 | €34,175 | -€3,330 | -8.9% |
| Amounts receivable within one year | 40/41 | €31,603 | €26,429 | -€5,174 | -16.4% |
| Trade receivables | 40 | €7,462 | €7,578 | +€115 | +1.5% |
| Other amounts receivable | 41 | €24,141 | €18,851 | -€5,289 | -21.9% |
| Cash at bank and in hand | 54/58 | €5,714 | €7,746 | +€2,032 | +35.6% |
| Deferred charges and accrued income | 490/1 | €189 | - | -€189 | |
| Total equity and liabilities | 10/49 | €49,924 | €49,032 | -€892 | -1.8% |
| Equity | 10/15 | €26,551 | €31,189 | +€4,638 | +17.5% |
| Contributions | 10/11 | €3,200 | €3,200 | = | 0.0% |
| Reserves | 13 | €23,351 | €27,989 | +€4,638 | +19.9% |
| Distributable reserves | 133 | €23,351 | €27,989 | +€4,638 | +19.9% |
| Amounts payable | 17/49 | €23,372 | €17,843 | -€5,529 | -23.7% |
| Amounts payable within one year | 42/48 | €23,372 | €17,843 | -€5,529 | -23.7% |
| Trade debts | 44 | €12,460 | €9,509 | -€2,951 | -23.7% |
| Suppliers | 440/4 | €12,460 | €9,509 | -€2,951 | -23.7% |
| Taxes, remuneration and social security | 45 | €10,608 | €6,688 | -€3,919 | -36.9% |
| Taxes | 450/3 | €10,608 | €6,688 | -€3,919 | -36.9% |
| Other amounts payable | 47/48 | €305 | €1,646 | +€1,341 | +439.7% |
| Remuneration, social security and pensions | 62 | - | €214 | +€214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €561 | €561 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €1,522 | +€1,404 | +1189.6% |
| Non-recurring operating charges | 66A | - | €4,068 | +€4,068 | |
| Gross operating margin | 9900 | €8,507 | €13,079 | +€4,571 | +53.7% |
| Operating profit (loss) | 9901 | €7,828 | €6,714 | -€1,114 | -14.2% |
| Financial income | 75/76B | €1,386 | €1,180 | -€205 | -14.8% |
| Recurring financial income | 75 | €1,386 | €1,180 | -€205 | -14.8% |
| Financial charges | 65/66B | €143 | €130 | -€13 | -8.8% |
| Recurring financial charges | 65 | €143 | €130 | -€13 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €9,071 | €7,764 | -€1,307 | -14.4% |
| Income taxes | 67/77 | €2,531 | €3,127 | +€596 | +23.5% |
| Profit (loss) for the period | 9904 | €6,540 | €4,638 | -€1,902 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,540 | €4,638 | -€1,902 | -29.1% |
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 1 October 2026 via checked.be.