FOTIMEX: 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.
FOTIMEX
Largest movements
- Receivables within one year -€102,211
down €102,211 (-9.2%), from €1.1m to €1.0m
of which Trade receivables: -€93,036
- Cash +€96,717
up €96,717 (+250%), from €38,612 to €135,329
mainly Receivables within one year (+€102,211) and Stocks and contracts (+€72,852)
- Stocks and contracts -€72,852
down €72,852 (-98.4%), from €74,026 to €1,174
- Tax, wage and social debts -€49,886
down €49,886 (-90.6%), from €55,040 to €5,154
of which Taxes: -€41,886
- Reserves -€26,439
down €26,439 (-2.3%), from €1.2m to €1.1m
of which Distributable reserves: -€24,580
- Gross operating margin -€177,671
down €177,671, from €110,666 to -€67,005
- Taxes -€38,528
down €38,528 (-81.9%), from €47,040 to €8,512
- Financial income -€5,398
down €5,398 (-9.0%), from €59,869 to €54,471
- Other operating charges -€1,435
down €1,435 (-57.3%), from €2,502 to €1,067
- Financial charges +€1,345
up €1,345 (+45.1%), from €2,980 to €4,325
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 | €1,228,761 | €1,150,415 | -€78,346 | -6.4% |
| Current assets | 29/58 | €1,228,761 | €1,150,415 | -€78,346 | -6.4% |
| Stocks and contracts in progress | 3 | €74,026 | €1,174 | -€72,852 | -98.4% |
| Stocks | 30/36 | €74,026 | €1,174 | -€72,852 | -98.4% |
| Amounts receivable within one year | 40/41 | €1,116,123 | €1,013,912 | -€102,211 | -9.2% |
| Trade receivables | 40 | €179,577 | €86,541 | -€93,036 | -51.8% |
| Other amounts receivable | 41 | €936,546 | €927,371 | -€9,175 | -1.0% |
| Cash at bank and in hand | 54/58 | €38,612 | €135,329 | +€96,717 | +250% |
| Total equity and liabilities | 10/49 | €1,228,761 | €1,150,415 | -€78,346 | -6.4% |
| Equity | 10/15 | €1,170,874 | €1,144,436 | -€26,438 | -2.3% |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Reserves | 13 | €1,164,677 | €1,138,238 | -€26,439 | -2.3% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €1,162,818 | €1,138,238 | -€24,580 | -2.1% |
| Amounts payable | 17/49 | €57,887 | €5,979 | -€51,908 | -89.7% |
| Amounts payable within one year | 42/48 | €57,887 | €5,979 | -€51,908 | -89.7% |
| Trade debts | 44 | €2,847 | €825 | -€2,022 | -71.0% |
| Suppliers | 440/4 | €2,847 | €825 | -€2,022 | -71.0% |
| Taxes, remuneration and social security | 45 | €55,040 | €5,154 | -€49,886 | -90.6% |
| Taxes | 450/3 | €47,040 | €5,154 | -€41,886 | -89.0% |
| Remuneration and social security | 454/9 | €8,000 | - | -€8,000 | |
| Other operating charges | 640/8 | €2,502 | €1,067 | -€1,435 | -57.3% |
| Gross operating margin | 9900 | €110,666 | -€67,005 | -€177,671 | |
| Operating profit (loss) | 9901 | €108,164 | -€68,072 | -€176,236 | |
| Financial income | 75/76B | €59,869 | €54,471 | -€5,398 | -9.0% |
| Recurring financial income | 75 | €59,869 | €54,471 | -€5,398 | -9.0% |
| Financial charges | 65/66B | €2,980 | €4,325 | +€1,345 | +45.1% |
| Recurring financial charges | 65 | €2,980 | €4,325 | +€1,345 | +45.1% |
| Profit (loss) for the period before taxes | 9903 | €165,053 | -€17,927 | -€182,980 | |
| Income taxes | 67/77 | €47,040 | €8,512 | -€38,528 | -81.9% |
| Profit (loss) for the period | 9904 | €118,013 | -€26,439 | -€144,452 | |
| Profit (loss) for the period to be appropriated | 9905 | €118,013 | -€26,439 | -€144,452 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.