fodevam: 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.
fodevam
Largest movements
- Cash +€8,772
up €8,772 (+76.8%), from €11,422 to €20,194
mainly Depreciation (+€6,779) and Net result for the year (+€1,357)
- Tangible fixed assets -€6,780
down €6,780 (-9.0%), from €75,144 to €68,364
- Profit (loss) carried forward +€1,357
up €1,357 (+2.2%), from €62,507 to €63,864
- Purchases and services -€7,441
down €7,441 (-44.4%), from €16,775 to €9,334
- Gross operating margin +€4,817
up €4,817 (+85.2%), from €5,652 to €10,469
- Turnover -€2,624
down €2,624 (-11.7%), from €22,427 to €19,803
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 | €86,566 | €88,558 | +€1,992 | +2.3% |
| Fixed assets | 21/28 | €75,144 | €68,364 | -€6,780 | -9.0% |
| Tangible fixed assets | 22/27 | €75,144 | €68,364 | -€6,780 | -9.0% |
| Land and buildings | 22 | €75,144 | €68,364 | -€6,780 | -9.0% |
| Current assets | 29/58 | €11,422 | €20,194 | +€8,772 | +76.8% |
| Cash at bank and in hand | 54/58 | €11,422 | €20,194 | +€8,772 | +76.8% |
| Total equity and liabilities | 10/49 | €86,566 | €88,558 | +€1,992 | +2.3% |
| Equity | 10/15 | €85,937 | €87,294 | +€1,357 | +1.6% |
| Contributions | 10/11 | €21,300 | €21,300 | = | 0.0% |
| Capital | 10 | €21,300 | - | -€21,300 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Uncalled capital | 101 | €3,700 | - | -€3,700 | |
| Reserves | 13 | €2,130 | €2,130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,130 | - | -€2,130 | |
| Legal reserve | 130 | €2,130 | - | -€2,130 | |
| Distributable reserves | 133 | - | €2,130 | +€2,130 | |
| Profit (loss) carried forward | 14 | €62,507 | €63,864 | +€1,357 | +2.2% |
| Amounts payable | 17/49 | €629 | €1,264 | +€635 | +101.0% |
| Amounts payable within one year | 42/48 | €629 | €629 | = | 0.0% |
| Other amounts payable | 47/48 | €629 | €629 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €635 | +€635 | |
| Turnover | 70 | €22,427 | €19,803 | -€2,624 | -11.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €16,775 | €9,334 | -€7,441 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,799 | €6,779 | -€20 | -0.3% |
| Other operating charges | 640/8 | €2,156 | €2,243 | +€87 | +4.0% |
| Gross operating margin | 9900 | €5,652 | €10,469 | +€4,817 | +85.2% |
| Operating profit (loss) | 9901 | -€3,303 | €1,447 | +€4,750 | |
| Financial charges | 65/66B | €180 | €90 | -€90 | -50.0% |
| Recurring financial charges | 65 | €180 | €90 | -€90 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,483 | €1,357 | +€4,840 | |
| Profit (loss) for the period | 9904 | -€3,483 | €1,357 | +€4,840 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,483 | €1,357 | +€4,840 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.