FOMALHAUT: 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.
FOMALHAUT
Largest movements
- Cash +€57,491
up €57,491 (+32.3%), from €178,176 to €235,666
mainly Net result for the year (+€92,370) and Receivables within one year (+€50,835)
- Receivables within one year -€50,835
down €50,835 (-93.7%), from €54,248 to €3,414
- Tangible fixed assets +€49,828
up €49,828 (+1,292%), from €3,857 to €53,686
of which Furniture and vehicles: +€44,746
- Profit (loss) carried forward +€92,370
up €92,370 (+55.9%), from €165,327 to €257,698
- Tax, wage and social debts -€32,500
down €32,500 (-52.5%), from €61,926 to €29,426
- Gross operating margin -€90,165
down €90,165 (-42.0%), from €214,575 to €124,410
- Taxes -€23,866
down €23,866 (-48.8%), from €48,936 to €25,070
- Depreciation +€7,340
up €7,340 (+3,050%), from €241 to €7,580
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 | €244,672 | €301,880 | +€57,208 | +23.4% |
| Fixed assets | 21/28 | €8,857 | €58,686 | +€49,828 | +563% |
| Tangible fixed assets | 22/27 | €3,857 | €53,686 | +€49,828 | +1,292% |
| Plant, machinery and equipment | 23 | €3,857 | €8,939 | +€5,082 | +132% |
| Furniture and vehicles | 24 | - | €44,746 | +€44,746 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €235,815 | €243,195 | +€7,380 | +3.1% |
| Amounts receivable within one year | 40/41 | €54,248 | €3,414 | -€50,835 | -93.7% |
| Trade receivables | 40 | €54,248 | €3,414 | -€50,835 | -93.7% |
| Cash at bank and in hand | 54/58 | €178,176 | €235,666 | +€57,491 | +32.3% |
| Deferred charges and accrued income | 490/1 | €3,391 | €4,115 | +€723 | +21.3% |
| Total equity and liabilities | 10/49 | €244,672 | €301,880 | +€57,208 | +23.4% |
| Equity | 10/15 | €170,327 | €262,698 | +€92,370 | +54.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,327 | €257,698 | +€92,370 | +55.9% |
| Amounts payable | 17/49 | €74,345 | €39,183 | -€35,162 | -47.3% |
| Amounts payable within one year | 42/48 | €74,345 | €39,183 | -€35,162 | -47.3% |
| Trade debts | 44 | €7,133 | €5,383 | -€1,751 | -24.5% |
| Suppliers | 440/4 | €7,133 | €5,383 | -€1,751 | -24.5% |
| Taxes, remuneration and social security | 45 | €61,926 | €29,426 | -€32,500 | -52.5% |
| Taxes | 450/3 | €61,926 | €29,426 | -€32,500 | -52.5% |
| Other amounts payable | 47/48 | €5,286 | €4,374 | -€912 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241 | €7,580 | +€7,340 | +3,050% |
| Gross operating margin | 9900 | €214,575 | €124,410 | -€90,165 | -42.0% |
| Operating profit (loss) | 9901 | €214,334 | €116,830 | -€97,504 | -45.5% |
| Financial income | 75/76B | €80 | €834 | +€753 | +938% |
| Recurring financial income | 75 | €80 | €834 | +€753 | +938% |
| Financial charges | 65/66B | €151 | €223 | +€72 | +47.9% |
| Recurring financial charges | 65 | €151 | €223 | +€72 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | €214,264 | €117,440 | -€96,823 | -45.2% |
| Income taxes | 67/77 | €48,936 | €25,070 | -€23,866 | -48.8% |
| Profit (loss) for the period | 9904 | €165,327 | €92,370 | -€72,957 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €165,327 | €92,370 | -€72,957 | -44.1% |
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 14 October 2026 via checked.be.