FUMAL GESTION: 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.
FUMAL GESTION
Largest movements
- Tangible fixed assets -€31,070
down €31,070 (-1.7%), from €1.8m to €1.8m
of which Land and buildings: -€28,241
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€1,449
down €1,449 (-3.9%), from €36,791 to €35,342
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 | €1,932,172 | €1,914,108 | -€18,064 | -0.9% |
| Fixed assets | 21/28 | €1,825,520 | €1,794,451 | -€31,070 | -1.7% |
| Tangible fixed assets | 22/27 | €1,825,520 | €1,794,451 | -€31,070 | -1.7% |
| Land and buildings | 22 | €1,819,382 | €1,791,141 | -€28,241 | -1.6% |
| Plant, machinery and equipment | 23 | €6,139 | €3,310 | -€2,829 | -46.1% |
| Current assets | 29/58 | €106,652 | €119,658 | +€13,006 | +12.2% |
| Cash at bank and in hand | 54/58 | €93,632 | €98,769 | +€5,137 | +5.5% |
| Deferred charges and accrued income | 490/1 | €13,020 | €20,889 | +€7,868 | +60.4% |
| Total equity and liabilities | 10/49 | €1,932,172 | €1,914,108 | -€18,064 | -0.9% |
| Equity | 10/15 | €371,976 | €366,459 | -€5,517 | -1.5% |
| Contributions | 10/11 | €361,700 | €361,700 | = | 0.0% |
| Reserves | 13 | €13,086 | €13,086 | = | 0.0% |
| Distributable reserves | 133 | €13,086 | €13,086 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,810 | -€8,327 | -€5,517 | -196% |
| Amounts payable | 17/49 | €1,560,197 | €1,547,650 | -€12,547 | -0.8% |
| Amounts payable within one year | 42/48 | €1,560,197 | €1,547,650 | -€12,547 | -0.8% |
| Trade debts | 44 | €1,434 | €863 | -€571 | -39.8% |
| Suppliers | 440/4 | €1,434 | €863 | -€571 | -39.8% |
| Other amounts payable | 47/48 | €1,558,763 | €1,546,787 | -€11,976 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,070 | €31,070 | = | 0.0% |
| Other operating charges | 640/8 | €9,209 | €9,344 | +€135 | +1.5% |
| Gross operating margin | 9900 | €36,791 | €35,342 | -€1,449 | -3.9% |
| Operating profit (loss) | 9901 | -€3,488 | -€5,072 | -€1,584 | -45.4% |
| Financial income | 75/76B | €30 | €25 | -€5 | -17.6% |
| Recurring financial income | 75 | €30 | €25 | -€5 | -17.6% |
| Financial charges | 65/66B | €263 | €470 | +€207 | +78.7% |
| Recurring financial charges | 65 | €263 | €470 | +€207 | +78.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,721 | -€5,517 | -€1,796 | -48.3% |
| Profit (loss) for the period | 9904 | -€3,721 | -€5,517 | -€1,796 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,721 | -€5,517 | -€1,796 | -48.3% |
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 17 October 2026 via checked.be.