FNM-Services: 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.
FNM-Services
Largest movements
- Cash -€31,423
down €31,423 (-50.2%), from €62,608 to €31,185
mainly Trade debts (-€39,578) and Receivables within one year (-€23,630)
- Receivables within one year +€23,630
up €23,630 (+81.1%), from €29,132 to €52,761
of which Trade receivables: +€18,504
- Deferred charges and accrued income +€22,337
up €22,337 (+1,933%), from €1,156 to €23,492
- Tangible fixed assets +€5,927
new in 2025: €5,927
- Intangible fixed assets -€1,780
down €1,780 (-22.1%), from €8,064 to €6,284
- Trade debts -€39,578
down €39,578 (-36.8%), from €107,509 to €67,932
- Profit (loss) carried forward +€21,486
no longer reported in 2025 (was -€21,486)
- Other debts +€20,107
new in 2025: €20,107
- Tax, wage and social debts +€16,449
up €16,449 (+127%), from €12,935 to €29,384
of which Remuneration and social security: +€14,684
- Gross operating margin +€127,096
up €127,096 (+222%), from €57,342 to €184,438
- Staff costs +€53,886
up €53,886 (+69.5%), from €77,491 to €131,377
- Taxes +€7,874
up €7,874 (+1,575%), from €500 to €8,374
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 | €100,959 | €119,649 | +€18,691 | +18.5% |
| Fixed assets | 21/28 | €8,064 | €12,211 | +€4,147 | +51.4% |
| Intangible fixed assets | 21 | €8,064 | €6,284 | -€1,780 | -22.1% |
| Tangible fixed assets | 22/27 | - | €5,927 | +€5,927 | |
| Furniture and vehicles | 24 | - | €5,927 | +€5,927 | |
| Current assets | 29/58 | €92,895 | €107,438 | +€14,543 | +15.7% |
| Amounts receivable within one year | 40/41 | €29,132 | €52,761 | +€23,630 | +81.1% |
| Trade receivables | 40 | €24,632 | €43,135 | +€18,504 | +75.1% |
| Other amounts receivable | 41 | €4,500 | €9,626 | +€5,126 | +114% |
| Cash at bank and in hand | 54/58 | €62,608 | €31,185 | -€31,423 | -50.2% |
| Deferred charges and accrued income | 490/1 | €1,156 | €23,492 | +€22,337 | +1,933% |
| Total equity and liabilities | 10/49 | €100,959 | €119,649 | +€18,691 | +18.5% |
| Equity | 10/15 | -€19,486 | €2,226 | +€21,712 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €226 | +€226 | |
| Distributable reserves | 133 | - | €226 | +€226 | |
| Profit (loss) carried forward | 14 | -€21,486 | - | +€21,486 | |
| Amounts payable | 17/49 | €120,444 | €117,423 | -€3,021 | -2.5% |
| Amounts payable within one year | 42/48 | €120,444 | €117,423 | -€3,021 | -2.5% |
| Trade debts | 44 | €107,509 | €67,932 | -€39,578 | -36.8% |
| Suppliers | 440/4 | €107,509 | €67,932 | -€39,578 | -36.8% |
| Taxes, remuneration and social security | 45 | €12,935 | €29,384 | +€16,449 | +127% |
| Taxes | 450/3 | €768 | €2,534 | +€1,766 | +230% |
| Remuneration and social security | 454/9 | €12,167 | €26,850 | +€14,684 | +121% |
| Other amounts payable | 47/48 | - | €20,107 | +€20,107 | |
| Remuneration, social security and pensions | 62 | €77,491 | €131,377 | +€53,886 | +69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €837 | €2,415 | +€1,579 | +189% |
| Other operating charges | 640/8 | - | €459 | +€459 | |
| Gross operating margin | 9900 | €57,342 | €184,438 | +€127,096 | +222% |
| Operating profit (loss) | 9901 | -€20,986 | €50,187 | +€71,173 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | - | €105 | +€105 | |
| Recurring financial charges | 65 | - | €105 | +€105 | |
| Profit (loss) for the period before taxes | 9903 | -€20,986 | €50,085 | +€71,071 | |
| Income taxes | 67/77 | €500 | €8,374 | +€7,874 | +1,575% |
| Profit (loss) for the period | 9904 | -€21,486 | €41,712 | +€63,197 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,486 | €41,712 | +€63,197 |
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 22 October 2026 via checked.be.