FOMAR: 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.
FOMAR
Largest movements
- Tangible fixed assets -€15,282
down €15,282 (-4.8%), from €321,539 to €306,256
- Current investments +€10,000
up €10,000 (+20.0%), from €50,000 to €60,000
- Cash -€5,205
down €5,205 (-31.2%), from €16,707 to €11,502
mainly Contributions, distributions and other (-€82,874) and Current investments (-€10,000)
- Reserves -€50,113
down €50,113 (-32.3%), from €154,918 to €104,805
- Other debts +€47,064
up €47,064 (+1,060%), from €4,442 to €51,506
- Revaluation surpluses -€8,000
down €8,000 (-10.0%), from €80,000 to €72,000
- Gross operating margin -€9,784
down €9,784 (-13.9%), from €70,639 to €60,854
- Taxes -€2,742
down €2,742 (-17.8%), from €15,383 to €12,641
- Financial charges +€851
up €851 (+8.9%), from €9,593 to €10,444
- Depreciation -€822
down €822 (-4.1%), from €19,803 to €18,981
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 | €398,802 | €391,594 | -€7,208 | -1.8% |
| Fixed assets | 21/28 | €321,539 | €306,256 | -€15,282 | -4.8% |
| Tangible fixed assets | 22/27 | €321,539 | €306,256 | -€15,282 | -4.8% |
| Land and buildings | 22 | €321,539 | €306,256 | -€15,282 | -4.8% |
| Current assets | 29/58 | €77,263 | €85,338 | +€8,075 | +10.5% |
| Amounts receivable within one year | 40/41 | €10,237 | €13,244 | +€3,007 | +29.4% |
| Trade receivables | 40 | €10,237 | €13,231 | +€2,995 | +29.3% |
| Other amounts receivable | 41 | - | €12 | +€12 | |
| Current investments | 50/53 | €50,000 | €60,000 | +€10,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €16,707 | €11,502 | -€5,205 | -31.2% |
| Deferred charges and accrued income | 490/1 | €320 | €593 | +€273 | +85.3% |
| Total equity and liabilities | 10/49 | €398,802 | €391,594 | -€7,208 | -1.8% |
| Equity | 10/15 | €272,559 | €214,446 | -€58,113 | -21.3% |
| Contributions | 10/11 | €37,641 | €37,641 | = | 0.0% |
| Revaluation surpluses | 12 | €80,000 | €72,000 | -€8,000 | -10.0% |
| Reserves | 13 | €154,918 | €104,805 | -€50,113 | -32.3% |
| Distributable reserves | 133 | €154,918 | €104,805 | -€50,113 | -32.3% |
| Amounts payable | 17/49 | €126,243 | €177,149 | +€50,905 | +40.3% |
| Amounts payable after more than one year | 17 | €115,000 | €115,000 | = | 0.0% |
| Financial debts | 170/4 | €115,000 | €115,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,243 | €61,149 | +€50,905 | +497% |
| Trade debts | 44 | €1,102 | €1,209 | +€107 | +9.7% |
| Suppliers | 440/4 | €1,102 | €1,209 | +€107 | +9.7% |
| Taxes, remuneration and social security | 45 | €4,699 | €8,434 | +€3,735 | +79.5% |
| Taxes | 450/3 | €4,699 | €8,434 | +€3,735 | +79.5% |
| Other amounts payable | 47/48 | €4,442 | €51,506 | +€47,064 | +1,060% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,803 | €18,981 | -€822 | -4.1% |
| Other operating charges | 640/8 | €2,713 | €2,814 | +€101 | +3.7% |
| Gross operating margin | 9900 | €70,639 | €60,854 | -€9,784 | -13.9% |
| Operating profit (loss) | 9901 | €48,123 | €39,059 | -€9,063 | -18.8% |
| Financial income | 75/76B | €512 | €786 | +€274 | +53.6% |
| Recurring financial income | 75 | €512 | €786 | +€274 | +53.6% |
| Financial charges | 65/66B | €9,593 | €10,444 | +€851 | +8.9% |
| Recurring financial charges | 65 | €9,593 | €10,444 | +€851 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €39,042 | €29,402 | -€9,640 | -24.7% |
| Transfer from deferred taxes | 780 | €8,000 | €8,000 | = | 0.0% |
| Income taxes | 67/77 | €15,383 | €12,641 | -€2,742 | -17.8% |
| Profit (loss) for the period | 9904 | €31,659 | €24,761 | -€6,898 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,659 | €24,761 | -€6,898 | -21.8% |
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 13 October 2026 via checked.be.