FMT DECOR: 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.
FMT DECOR
Largest movements
- Receivables within one year +€15,459
up €15,459 (+801%), from €1,930 to €17,389
of which Trade receivables: +€16,343
- Cash -€10,239
down €10,239 (-56.2%), from €18,208 to €7,969
mainly Receivables within one year (-€15,459) and Investment in fixed assets (net) (-€11,662)
- Tangible fixed assets -€2,058
down €2,058 (-15.0%), from €13,720 to €11,662
- Trade debts +€6,425
up €6,425 (+110%), from €5,839 to €12,264
of which Bills of exchange payable: +€10,373
- Profit (loss) carried forward +€4,570
up €4,570 (+39.2%), from €11,666 to €16,236
- Other debts -€4,312
down €4,312 (-67.4%), from €6,395 to €2,083
- Current portion of long-term debt -€3,760
no longer reported in 2025 (was €3,760)
- Gross operating margin +€1,513
up €1,513 (+8.0%), from €18,961 to €20,474
- Taxes +€240
up €240 (+20.1%), from €1,197 to €1,437
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 | €33,858 | €37,020 | +€3,162 | +9.3% |
| Fixed assets | 21/28 | €13,720 | €11,662 | -€2,058 | -15.0% |
| Tangible fixed assets | 22/27 | €13,720 | €11,662 | -€2,058 | -15.0% |
| Furniture and vehicles | 24 | €13,720 | €11,662 | -€2,058 | -15.0% |
| Current assets | 29/58 | €20,138 | €25,358 | +€5,220 | +25.9% |
| Amounts receivable within one year | 40/41 | €1,930 | €17,389 | +€15,459 | +801% |
| Trade receivables | 40 | - | €16,343 | +€16,343 | |
| Other amounts receivable | 41 | €1,930 | €1,046 | -€884 | -45.8% |
| Cash at bank and in hand | 54/58 | €18,208 | €7,969 | -€10,239 | -56.2% |
| Total equity and liabilities | 10/49 | €33,858 | €37,020 | +€3,162 | +9.3% |
| Equity | 10/15 | €16,666 | €21,236 | +€4,570 | +27.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,666 | €16,236 | +€4,570 | +39.2% |
| Amounts payable | 17/49 | €17,192 | €15,784 | -€1,408 | -8.2% |
| Amounts payable within one year | 42/48 | €17,192 | €15,784 | -€1,408 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €3,760 | - | -€3,760 | |
| Trade debts | 44 | €5,839 | €12,264 | +€6,425 | +110% |
| Suppliers | 440/4 | €5,811 | €1,863 | -€3,949 | -68.0% |
| Bills of exchange payable | 441 | €28 | €10,401 | +€10,373 | +37,544% |
| Taxes, remuneration and social security | 45 | €1,197 | €1,437 | +€241 | +20.1% |
| Taxes | 450/3 | €1,197 | €1,437 | +€241 | +20.1% |
| Other amounts payable | 47/48 | €6,395 | €2,083 | -€4,312 | -67.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,720 | €13,720 | +€0 | 0.0% |
| Other operating charges | 640/8 | €771 | €638 | -€132 | -17.2% |
| Gross operating margin | 9900 | €18,961 | €20,474 | +€1,513 | +8.0% |
| Operating profit (loss) | 9901 | €4,470 | €6,115 | +€1,645 | +36.8% |
| Financial charges | 65/66B | €111 | €108 | -€4 | -3.2% |
| Recurring financial charges | 65 | €111 | €108 | -€4 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €4,359 | €6,007 | +€1,649 | +37.8% |
| Income taxes | 67/77 | €1,197 | €1,437 | +€240 | +20.1% |
| Profit (loss) for the period | 9904 | €3,162 | €4,570 | +€1,408 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,162 | €4,570 | +€1,408 | +44.5% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.