FPMCO: what changed
Two fiscal 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.
FPMCO
Largest movements
- Receivables within one year +€35,769
up €35,769 (+19.2%), from €186,324 to €222,093
of which Other amounts receivable: +€35,769
- Current investments +€8,407
up €8,407 (+16.9%), from €49,650 to €58,057
- Reserves +€26,504
up €26,504 (+12.0%), from €220,679 to €247,183
of which Distributable reserves: +€26,504
- Current portion of long-term debt +€14,345
up €14,345, from €0 to €14,345
- Short-term financial debts +€8,470
up €8,470 (+38.1%), from €22,260 to €30,730
- Tax, wage and social debts -€8,151
down €8,151 (-48.3%), from €16,865 to €8,714
of which Taxes: -€4,672
- Financial charges -€8,518
down €8,518 (-51.8%), from €16,440 to €7,922
- Taxes +€2,574
up €2,574 (+30.1%), from €8,561 to €11,135
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.
Cash bridge derived
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 | €280,567 | €323,094 | +€42,527 | +15.2% |
| Fixed assets | 21/28 | €42,002 | €39,608 | -€2,394 | -5.7% |
| Tangible fixed assets | 22/27 | €18,102 | €15,708 | -€2,394 | -13.2% |
| Plant, machinery and equipment | 23 | €7,848 | €8,235 | +€387 | +4.9% |
| Furniture and vehicles | 24 | €8,366 | €5,825 | -€2,541 | -30.4% |
| Other tangible fixed assets | 26 | €1,887 | €1,647 | -€240 | -12.7% |
| Financial fixed assets | 28 | €23,900 | €23,900 | = | 0.0% |
| Current assets | 29/58 | €238,565 | €283,486 | +€44,921 | +18.8% |
| Amounts receivable within one year | 40/41 | €186,324 | €222,093 | +€35,769 | +19.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €186,324 | €222,093 | +€35,769 | +19.2% |
| Current investments | 50/53 | €49,650 | €58,057 | +€8,407 | +16.9% |
| Cash at bank and in hand | 54/58 | €2,591 | €3,336 | +€745 | +28.8% |
| Total equity and liabilities | 10/49 | €280,567 | €323,094 | +€42,527 | +15.2% |
| Equity | 10/15 | €240,679 | €267,183 | +€26,504 | +11.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €220,679 | €247,183 | +€26,504 | +12.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €218,679 | €245,183 | +€26,504 | +12.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €39,887 | €55,910 | +€16,023 | +40.2% |
| Amounts payable within one year | 42/48 | €39,887 | €55,910 | +€16,023 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €14,345 | +€14,345 | |
| Financial debts | 43 | €22,260 | €30,730 | +€8,470 | +38.1% |
| Credit institutions | 430/8 | €22,260 | €30,730 | +€8,470 | +38.1% |
| Trade debts | 44 | €763 | €2,122 | +€1,359 | +178.3% |
| Suppliers | 440/4 | €763 | €2,122 | +€1,359 | +178.3% |
| Taxes, remuneration and social security | 45 | €16,865 | €8,714 | -€8,151 | -48.3% |
| Taxes | 450/3 | €13,386 | €8,714 | -€4,672 | -34.9% |
| Remuneration and social security | 454/9 | €3,479 | €0 | -€3,479 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,644 | €9,281 | -€363 | -3.8% |
| Other operating charges | 640/8 | €2,299 | €2,303 | +€4 | +0.2% |
| Gross operating margin | 9900 | €57,021 | €56,621 | -€400 | -0.7% |
| Operating profit (loss) | 9901 | €45,078 | €45,037 | -€41 | -0.1% |
| Financial income | 75/76B | €208 | €523 | +€315 | +151.6% |
| Recurring financial income | 75 | €208 | €523 | +€315 | +151.6% |
| Financial charges | 65/66B | €16,440 | €7,922 | -€8,518 | -51.8% |
| Recurring financial charges | 65 | €16,440 | €7,922 | -€8,518 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €28,846 | €37,639 | +€8,793 | +30.5% |
| Income taxes | 67/77 | €8,561 | €11,135 | +€2,574 | +30.1% |
| Profit (loss) for the period | 9904 | €20,285 | €26,504 | +€6,219 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,285 | €26,504 | +€6,219 | +30.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.