FOMIVAMED: 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.
FOMIVAMED
Largest movements
- Current investments +€50,400
up €50,400 (+85.1%), from €59,239 to €109,638
- Cash -€35,263
down €35,263 (-85.9%), from €41,033 to €5,770
mainly Current investments (-€50,400) and Investment in fixed assets (net) (-€37,227)
- Tangible fixed assets +€24,803
up €24,803 (+6.7%), from €369,862 to €394,665
of which Land and buildings: +€26,494
- Deferred charges and accrued income -€20,843
down €20,843 (-97.9%), from €21,296 to €452
- Receivables within one year -€7,881
down €7,881 (-7.9%), from €100,260 to €92,379
of which Other amounts receivable: -€12,211
- Reserves +€64,501
up €64,501 (+33.9%), from €190,405 to €254,906
- Debts after one year -€22,542
down €22,542 (-7.0%), from €320,746 to €298,204
- Other debts -€13,826
down €13,826 (-71.3%), from €19,387 to €5,561
- Accrued charges and deferred income -€11,952
down €11,952 (-99.4%), from €12,030 to €78
- Other operating charges -€48,023
down €48,023 (-97.4%), from €49,317 to €1,294
- Taxes +€12,211
up €12,211 (+97.0%), from €12,595 to €24,806
- Gross operating margin +€11,215
up €11,215 (+10.8%), from €104,029 to €115,245
- Financial charges +€6,423
up €6,423 (+105%), from €6,136 to €12,559
- Depreciation +€5,542
up €5,542 (+80.5%), from €6,882 to €12,424
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 | €591,689 | €602,905 | +€11,216 | +1.9% |
| Fixed assets | 21/28 | €369,862 | €394,665 | +€24,803 | +6.7% |
| Tangible fixed assets | 22/27 | €369,862 | €394,665 | +€24,803 | +6.7% |
| Land and buildings | 22 | €367,489 | €393,983 | +€26,494 | +7.2% |
| Furniture and vehicles | 24 | €2,374 | €683 | -€1,691 | -71.2% |
| Current assets | 29/58 | €221,827 | €208,240 | -€13,587 | -6.1% |
| Amounts receivable within one year | 40/41 | €100,260 | €92,379 | -€7,881 | -7.9% |
| Trade receivables | 40 | €87,856 | €92,186 | +€4,330 | +4.9% |
| Other amounts receivable | 41 | €12,405 | €194 | -€12,211 | -98.4% |
| Current investments | 50/53 | €59,239 | €109,638 | +€50,400 | +85.1% |
| Cash at bank and in hand | 54/58 | €41,033 | €5,770 | -€35,263 | -85.9% |
| Deferred charges and accrued income | 490/1 | €21,296 | €452 | -€20,843 | -97.9% |
| Total equity and liabilities | 10/49 | €591,689 | €602,905 | +€11,216 | +1.9% |
| Equity | 10/15 | €202,805 | €267,306 | +€64,501 | +31.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €190,405 | €254,906 | +€64,501 | +33.9% |
| Distributable reserves | 133 | €190,405 | €254,906 | +€64,501 | +33.9% |
| Amounts payable | 17/49 | €388,885 | €335,600 | -€53,285 | -13.7% |
| Amounts payable after more than one year | 17 | €320,746 | €298,204 | -€22,542 | -7.0% |
| Financial debts | 170/4 | €320,746 | €298,204 | -€22,542 | -7.0% |
| Amounts payable within one year | 42/48 | €56,109 | €37,318 | -€18,791 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €21,368 | €22,542 | +€1,174 | +5.5% |
| Trade debts | 44 | €14,634 | €9,215 | -€5,419 | -37.0% |
| Suppliers | 440/4 | €14,634 | €9,215 | -€5,419 | -37.0% |
| Taxes, remuneration and social security | 45 | €720 | - | -€720 | |
| Taxes | 450/3 | €720 | - | -€720 | |
| Other amounts payable | 47/48 | €19,387 | €5,561 | -€13,826 | -71.3% |
| Accrued charges and deferred income | 492/3 | €12,030 | €78 | -€11,952 | -99.4% |
| Remuneration, social security and pensions | 62 | -€1,416 | - | +€1,416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,882 | €12,424 | +€5,542 | +80.5% |
| Other operating charges | 640/8 | €49,317 | €1,294 | -€48,023 | -97.4% |
| Gross operating margin | 9900 | €104,029 | €115,245 | +€11,215 | +10.8% |
| Operating profit (loss) | 9901 | €49,247 | €101,527 | +€52,280 | +106% |
| Financial income | 75/76B | €841 | €340 | -€501 | -59.6% |
| Recurring financial income | 75 | €841 | €340 | -€501 | -59.6% |
| Financial charges | 65/66B | €6,136 | €12,559 | +€6,423 | +105% |
| Recurring financial charges | 65 | €6,136 | €12,559 | +€6,423 | +105% |
| Profit (loss) for the period before taxes | 9903 | €43,952 | €89,307 | +€45,355 | +103% |
| Income taxes | 67/77 | €12,595 | €24,806 | +€12,211 | +97.0% |
| Profit (loss) for the period | 9904 | €31,357 | €64,501 | +€33,144 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €31,357 | €64,501 | +€33,144 | +106% |
Source: filed annual accounts (NBB), financial years ended 1 July 2024 and 1 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.