FOMINVEST: 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.
What changed
FOMINVEST
NACE 77.110, Renting and leasing of cars and light motor vehicles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€453,501
2024 · -€394,523+€848,023
Equity
€16.5m
2024 · €16.1m+€453,501
Cash
€609,380
2024 · €193,514+€415,866
Balance sheet total
€27.8m
2024 · €28.7m-€929,873
Largest movements
Assets
- Tangible fixed assets -€1.4m
down €1.4m (-5.1%), from €26.7m to €25.3m
of which Land and buildings: -€869,207
- Cash +€415,866
up €415,866 (+215%), from €193,514 to €609,380
mainly Depreciation (+€1.5m) and Net result for the year (+€453,501)
Equity and liabilities
- Debts after one year -€1.3m
down €1.3m (-13.5%), from €9.7m to €8.4m
- Profit (loss) carried forward +€458,056
up €458,056 (+10.2%), from -€4.5m to -€4.0m
Income statement
- Gross operating margin +€949,279
up €949,279 (+52.5%), from €1.8m to €2.8m
- Staff costs +€64,853
up €64,853 (+21.9%), from €296,740 to €361,593
- Depreciation +€57,052
up €57,052 (+3.9%), from €1.4m to €1.5m
- Financial charges -€33,560
down €33,560 (-11.1%), from €302,349 to €268,788
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.
Result 2024
-€394,523
Gross operating margin
+€949,279
Staff costs
-€64,853
Depreciation
-€57,052
Other operating charges
-€10,662
Financial income
-€2,250
Financial charges
+€33,560
Result 2025
€453,501
raises the resultlowers the result
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.
From operations
+€1.9m
Investment
-€135,484
Financing
-€1.3m
Cash 2024
€193,514
From operations (derived)
+€1.9m
Net result for the year
+€453,501
Depreciation
+€1.5m
Receivables after one year
-€29,196
Receivables within one year
+€6,459
Deferred charges and accrued income
-€2,645
Provisions
-€12,556
Trade debts
-€184,830
Tax, wage and social debts
+€12,670
Other debts
+€21,261
Accrued charges and deferred income
+€85,199
Investment (derived)
-€135,484
Investment in fixed assets (net)
-€135,484
Financing
-€1.3m
Debts after one year
-€1.3m
Current portion of long-term debt
+€2,162
Cash 2025
€609,380
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,715,922 | €27,786,049 | -€929,873 | -3.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €26,703,819 | €25,332,698 | -€1.4m | -5.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €26,703,162 | €25,332,041 | -€1.4m | -5.1% |
| Land and buildings | 22 | €25,649,526 | €24,780,319 | -€869,207 | -3.4% |
| Plant, machinery and equipment | 23 | €368 | €94 | -€273 | -74.3% |
| Furniture and vehicles | 24 | €297,028 | €551,628 | +€254,600 | +85.7% |
| Assets under construction and advance payments | 27 | €756,241 | €0 | -€756,241 | -100% |
| Financial fixed assets | 28 | €657 | €657 | = | 0.0% |
| Current assets | 29/58 | €2,012,104 | €2,453,351 | +€441,248 | +21.9% |
| Amounts receivable after more than one year | 29 | €1,654,394 | €1,683,590 | +€29,196 | +1.8% |
| Other amounts receivable | 291 | €1,654,394 | €1,683,590 | +€29,196 | +1.8% |
| Amounts receivable within one year | 40/41 | €136,781 | €130,322 | -€6,459 | -4.7% |
| Trade receivables | 40 | €70,657 | €46,004 | -€24,653 | -34.9% |
| Other amounts receivable | 41 | €66,124 | €84,317 | +€18,193 | +27.5% |
| Cash at bank and in hand | 54/58 | €193,514 | €609,380 | +€415,866 | +215% |
| Deferred charges and accrued income | 490/1 | €27,414 | €30,059 | +€2,645 | +9.6% |
| Total equity and liabilities | 10/49 | €28,715,922 | €27,786,049 | -€929,873 | -3.2% |
| Equity | 10/15 | €16,094,877 | €16,548,378 | +€453,501 | +2.8% |
| Contributions | 10/11 | €20,000,000 | €20,000,000 | = | 0.0% |
| Capital | 10 | €20,000,000 | €20,000,000 | = | 0.0% |
| Issued capital | 100 | €20,000,000 | €20,000,000 | = | 0.0% |
| Reserves | 13 | €570,808 | €566,253 | -€4,555 | -0.8% |
| Non-distributable reserves | 130/1 | €35,809 | €59,917 | +€24,108 | +67.3% |
| Legal reserve | 130 | €35,809 | €59,917 | +€24,108 | +67.3% |
| Tax-exempt reserves | 132 | €534,999 | €506,336 | -€28,663 | -5.4% |
| Profit (loss) carried forward | 14 | -€4,475,931 | -€4,017,876 | +€458,056 | +10.2% |
| Provisions and deferred taxes | 16 | €229,692 | €217,136 | -€12,556 | -5.5% |
| Provisions for liabilities and charges | 160/5 | €400 | €800 | +€400 | +100% |
| Taxes | 161 | €400 | €800 | +€400 | +100% |
| Deferred taxes | 168 | €229,292 | €216,336 | -€12,956 | -5.7% |
| Amounts payable | 17/49 | €12,391,353 | €11,020,536 | -€1.4m | -11.1% |
| Amounts payable after more than one year | 17 | €9,664,095 | €8,356,816 | -€1.3m | -13.5% |
| Financial debts | 170/4 | €9,664,095 | €8,356,816 | -€1.3m | -13.5% |
| Amounts payable within one year | 42/48 | €2,285,834 | €2,137,098 | -€148,737 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €1,489,821 | €1,491,983 | +€2,162 | +0.1% |
| Trade debts | 44 | €655,650 | €470,820 | -€184,830 | -28.2% |
| Suppliers | 440/4 | €655,650 | €470,820 | -€184,830 | -28.2% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €8,295 | €20,965 | +€12,670 | +153% |
| Taxes | 450/3 | €6,549 | €5,740 | -€810 | -12.4% |
| Remuneration and social security | 454/9 | €1,746 | €15,226 | +€13,480 | +772% |
| Other amounts payable | 47/48 | €132,069 | €153,329 | +€21,261 | +16.1% |
| Accrued charges and deferred income | 492/3 | €441,424 | €526,623 | +€85,199 | +19.3% |
| Turnover | 70 | €2,675,011 | €2,668,576 | -€6,435 | -0.2% |
| Non-recurring operating income | 76A | €22,807 | €969,546 | +€946,739 | +4,151% |
| Goods, raw materials, services and sundry goods | 60/61 | €890,182 | €881,206 | -€8,975 | -1.0% |
| Remuneration, social security and pensions | 62 | €296,740 | €361,593 | +€64,853 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,449,552 | €1,506,604 | +€57,052 | +3.9% |
| Other operating charges | 640/8 | €211,917 | €222,579 | +€10,662 | +5.0% |
| Gross operating margin | 9900 | €1,807,637 | €2,756,916 | +€949,279 | +52.5% |
| Operating profit (loss) | 9901 | -€150,573 | €666,140 | +€816,713 | |
| Financial income | 75/76B | €45,843 | €43,593 | -€2,250 | -4.9% |
| Recurring financial income | 75 | €45,843 | €43,593 | -€2,250 | -4.9% |
| Financial charges | 65/66B | €302,349 | €268,788 | -€33,560 | -11.1% |
| Recurring financial charges | 65 | €302,349 | €268,788 | -€33,560 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€407,079 | €440,944 | +€848,023 | |
| Transfer from deferred taxes | 780 | €12,956 | €12,956 | +€0 | 0.0% |
| Income taxes | 67/77 | €400 | €400 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€394,523 | €453,501 | +€848,023 | |
| Transfer from tax-exempt reserves | 789 | €28,663 | €28,663 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€365,860 | €482,164 | +€848,023 |
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.