Fomon glamcation: 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.
Fomon glamcation
Largest movements
- Tangible fixed assets -€53,283
down €53,283 (-4.4%), from €1.2m to €1.2m
of which Furniture and vehicles: -€69,403
- Receivables within one year -€30,751
down €30,751 (-57.4%), from €53,581 to €22,830
of which Other amounts receivable: -€32,430
- Reserves +€110,806
up €110,806 (+7.6%), from €1.5m to €1.6m
of which Distributable reserves: +€110,806
- Debts after one year -€103,863
down €103,863 (-17.8%), from €584,191 to €480,328
- Other debts -€51,616
down €51,616 (-14.4%), from €359,231 to €307,615
- Short-term financial debts -€51,173
down €51,173 (-66.4%), from €77,116 to €25,943
of which Other loans: -€73,547
- Financial income +€103,149
up €103,149 (+81,342%), from €127 to €103,276
of which Financial income: +€97,873
- Gross operating margin +€37,522
up €37,522 (+17.9%), from €209,148 to €246,670
- Taxes +€18,963
up €18,963 (+423%), from €4,481 to €23,444
- Depreciation -€13,278
down €13,278 (-16.1%), from €82,429 to €69,151
- Other operating charges +€8,248
up €8,248 (+162%), from €5,083 to €13,332
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 | €2,708,000 | €2,623,891 | -€84,108 | -3.1% |
| Fixed assets | 21/28 | €2,650,908 | €2,597,625 | -€53,283 | -2.0% |
| Tangible fixed assets | 22/27 | €1,223,402 | €1,170,119 | -€53,283 | -4.4% |
| Land and buildings | 22 | €1,087,083 | €1,079,703 | -€7,380 | -0.7% |
| Plant, machinery and equipment | 23 | €5,372 | €4,053 | -€1,319 | -24.5% |
| Furniture and vehicles | 24 | €130,948 | €61,544 | -€69,403 | -53.0% |
| Other tangible fixed assets | 26 | - | €24,819 | +€24,819 | |
| Financial fixed assets | 28 | €1,427,506 | €1,427,506 | = | 0.0% |
| Current assets | 29/58 | €57,092 | €26,267 | -€30,825 | -54.0% |
| Amounts receivable within one year | 40/41 | €53,581 | €22,830 | -€30,751 | -57.4% |
| Trade receivables | 40 | €4,310 | €5,990 | +€1,679 | +39.0% |
| Other amounts receivable | 41 | €49,270 | €16,840 | -€32,430 | -65.8% |
| Cash at bank and in hand | 54/58 | €1,600 | €0 | -€1,600 | -100% |
| Deferred charges and accrued income | 490/1 | €1,911 | €3,437 | +€1,526 | +79.8% |
| Total equity and liabilities | 10/49 | €2,708,000 | €2,623,891 | -€84,108 | -3.1% |
| Equity | 10/15 | €1,526,652 | €1,637,458 | +€110,806 | +7.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,465,152 | €1,575,958 | +€110,806 | +7.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €1,459,002 | €1,569,808 | +€110,806 | +7.6% |
| Amounts payable | 17/49 | €1,181,348 | €986,434 | -€194,915 | -16.5% |
| Amounts payable after more than one year | 17 | €584,191 | €480,328 | -€103,863 | -17.8% |
| Financial debts | 170/4 | €584,191 | €480,328 | -€103,863 | -17.8% |
| Amounts payable within one year | 42/48 | €597,157 | €505,589 | -€91,568 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €120,850 | €103,863 | -€16,987 | -14.1% |
| Financial debts | 43 | €77,116 | €25,943 | -€51,173 | -66.4% |
| Credit institutions | 430/8 | €3,570 | €25,943 | +€22,373 | +627% |
| Other loans | 439 | €73,547 | - | -€73,547 | |
| Trade debts | 44 | €6,938 | €25,562 | +€18,624 | +268% |
| Suppliers | 440/4 | €6,938 | €25,562 | +€18,624 | +268% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €33,022 | €42,607 | +€9,585 | +29.0% |
| Taxes | 450/3 | €24,401 | €32,305 | +€7,905 | +32.4% |
| Remuneration and social security | 454/9 | €8,621 | €10,301 | +€1,680 | +19.5% |
| Other amounts payable | 47/48 | €359,231 | €307,615 | -€51,616 | -14.4% |
| Accrued charges and deferred income | 492/3 | - | €516 | +€516 | |
| Non-recurring operating income | 76A | - | €158 | +€158 | |
| Remuneration, social security and pensions | 62 | €72,026 | €74,759 | +€2,732 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,429 | €69,151 | -€13,278 | -16.1% |
| Other operating charges | 640/8 | €5,083 | €13,332 | +€8,248 | +162% |
| Non-recurring operating charges | 66A | €20,189 | €0 | -€20,189 | -100% |
| Gross operating margin | 9900 | €209,148 | €246,670 | +€37,522 | +17.9% |
| Operating profit (loss) | 9901 | €29,420 | €89,429 | +€60,008 | +204% |
| Financial income | 75/76B | €127 | €103,276 | +€103,149 | +81,342% |
| Recurring financial income | 75 | €127 | €98,000 | +€97,873 | +77,181% |
| Non-recurring financial income | 76B | - | €5,276 | +€5,276 | |
| Financial charges | 65/66B | €64,385 | €58,455 | -€5,930 | -9.2% |
| Recurring financial charges | 65 | €64,385 | €58,455 | -€5,930 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,838 | €134,250 | +€169,088 | |
| Income taxes | 67/77 | €4,481 | €23,444 | +€18,963 | +423% |
| Profit (loss) for the period | 9904 | -€39,318 | €110,806 | +€150,125 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,318 | €110,806 | +€150,125 |
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.