FMT VOYAGES: 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 VOYAGES
Largest movements
- Receivables within one year +€39,444
up €39,444 (+62.9%), from €62,722 to €102,166
of which Trade receivables: +€54,444
- Cash -€3,796
down €3,796 (-2.8%), from €133,353 to €129,557
mainly Receivables within one year (-€39,444) and Tax, wage and social debts (-€12,908)
- Advances received +€30,880
up €30,880 (+68.7%), from €44,940 to €75,820
- Trade debts +€16,399
up €16,399 (+41.6%), from €39,461 to €55,860
- Tax, wage and social debts -€12,908
down €12,908 (-33.4%), from €38,665 to €25,757
of which Taxes: -€17,724
- Purchases and services +€345,948
up €345,948 (+41.3%), from €836,637 to €1.2m
- Turnover +€285,606
up €285,606 (+30.3%), from €943,836 to €1.2m
- Gross operating margin -€46,874
down €46,874 (-43.7%), from €107,198 to €60,324
- Staff costs +€16,174
up €16,174 (+38.8%), from €41,653 to €57,827
- Taxes -€16,062
down €16,062, from €16,048 to -€14
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 | €196,075 | €231,723 | +€35,648 | +18.2% |
| Current assets | 29/58 | €196,075 | €231,723 | +€35,648 | +18.2% |
| Amounts receivable within one year | 40/41 | €62,722 | €102,166 | +€39,444 | +62.9% |
| Trade receivables | 40 | €47,722 | €102,166 | +€54,444 | +114% |
| Other amounts receivable | 41 | €15,000 | - | -€15,000 | |
| Cash at bank and in hand | 54/58 | €133,353 | €129,557 | -€3,796 | -2.8% |
| Total equity and liabilities | 10/49 | €196,075 | €231,723 | +€35,648 | +18.2% |
| Equity | 10/15 | €72,579 | €73,842 | +€1,263 | +1.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,579 | €48,842 | +€1,263 | +2.7% |
| Amounts payable | 17/49 | €123,496 | €157,881 | +€34,385 | +27.8% |
| Amounts payable within one year | 42/48 | €123,496 | €157,881 | +€34,385 | +27.8% |
| Trade debts | 44 | €39,461 | €55,860 | +€16,399 | +41.6% |
| Suppliers | 440/4 | €39,461 | €55,860 | +€16,399 | +41.6% |
| Advances received on contracts in progress | 46 | €44,940 | €75,820 | +€30,880 | +68.7% |
| Taxes, remuneration and social security | 45 | €38,665 | €25,757 | -€12,908 | -33.4% |
| Taxes | 450/3 | €28,956 | €11,232 | -€17,724 | -61.2% |
| Remuneration and social security | 454/9 | €9,709 | €14,525 | +€4,816 | +49.6% |
| Other amounts payable | 47/48 | €430 | €444 | +€14 | +3.3% |
| Turnover | 70 | €943,836 | €1,229,442 | +€285,606 | +30.3% |
| Non-recurring operating income | 76A | - | €4,296 | +€4,296 | |
| Goods, raw materials, services and sundry goods | 60/61 | €836,637 | €1,182,585 | +€345,948 | +41.3% |
| Remuneration, social security and pensions | 62 | €41,653 | €57,827 | +€16,174 | +38.8% |
| Other operating charges | 640/8 | - | €112 | +€112 | |
| Gross operating margin | 9900 | €107,198 | €60,324 | -€46,874 | -43.7% |
| Operating profit (loss) | 9901 | €65,545 | €2,385 | -€63,160 | -96.4% |
| Financial income | 75/76B | €161 | €134 | -€27 | -16.8% |
| Recurring financial income | 75 | €161 | €134 | -€27 | -16.8% |
| Financial charges | 65/66B | €2,527 | €1,270 | -€1,257 | -49.7% |
| Recurring financial charges | 65 | €2,527 | €1,270 | -€1,257 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €63,179 | €1,249 | -€61,930 | -98.0% |
| Income taxes | 67/77 | €16,048 | -€14 | -€16,062 | |
| Profit (loss) for the period | 9904 | €47,131 | €1,263 | -€45,868 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,131 | €1,263 | -€45,868 | -97.3% |
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 24 October 2026 via checked.be.