FUMEX: 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.
FUMEX
Largest movements
- Stocks and contracts +€12,875
up €12,875 (+74.5%), from €17,284 to €30,158
- Cash +€12,828
up €12,828 (+49.1%), from €26,119 to €38,947
mainly Net result for the year (+€22,165) and Other debts (+€8,851)
- Tangible fixed assets -€2,731
down €2,731 (-49.1%), from €5,564 to €2,834
of which Plant, machinery and equipment: -€1,432
- Deferred charges and accrued income -€1,297
down €1,297 (-17.6%), from €7,355 to €6,059
- Receivables within one year +€1,266
up €1,266 (+17.8%), from €7,131 to €8,397
of which Trade receivables: +€1,607
- Profit (loss) carried forward +€10,400
new in 2025: €10,400
- Other debts +€8,851
up €8,851 (+241%), from €3,673 to €12,524
- Tax, wage and social debts +€7,161
up €7,161 (+259%), from €2,760 to €9,921
of which Taxes: +€4,962
- Trade debts -€1,950
down €1,950 (-59.2%), from €3,293 to €1,343
- Debts after one year -€1,545
down €1,545 (-100%), from €1,545 to €0
- Gross operating margin +€6,759
up €6,759 (+25.3%), from €26,707 to €33,465
- Taxes +€1,276
up €1,276 (+19.7%), from €6,460 to €7,736
- Depreciation +€335
up €335 (+14.0%), from €2,395 to €2,731
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 | €63,454 | €86,394 | +€22,940 | +36.2% |
| Fixed assets | 21/28 | €5,564 | €2,834 | -€2,731 | -49.1% |
| Tangible fixed assets | 22/27 | €5,564 | €2,834 | -€2,731 | -49.1% |
| Plant, machinery and equipment | 23 | €3,408 | €1,976 | -€1,432 | -42.0% |
| Furniture and vehicles | 24 | €2,156 | €858 | -€1,299 | -60.2% |
| Current assets | 29/58 | €57,889 | €83,560 | +€25,671 | +44.3% |
| Stocks and contracts in progress | 3 | €17,284 | €30,158 | +€12,875 | +74.5% |
| Stocks | 30/36 | €17,284 | €30,158 | +€12,875 | +74.5% |
| Amounts receivable within one year | 40/41 | €7,131 | €8,397 | +€1,266 | +17.8% |
| Trade receivables | 40 | €6,677 | €8,284 | +€1,607 | +24.1% |
| Other amounts receivable | 41 | €454 | €112 | -€342 | -75.3% |
| Cash at bank and in hand | 54/58 | €26,119 | €38,947 | +€12,828 | +49.1% |
| Deferred charges and accrued income | 490/1 | €7,355 | €6,059 | -€1,297 | -17.6% |
| Total equity and liabilities | 10/49 | €63,454 | €86,394 | +€22,940 | +36.2% |
| Equity | 10/15 | €50,660 | €61,061 | +€10,400 | +20.5% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €43,160 | €43,160 | = | 0.0% |
| Distributable reserves | 133 | €43,160 | €43,160 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €10,400 | +€10,400 | |
| Amounts payable | 17/49 | €12,793 | €25,333 | +€12,540 | +98.0% |
| Amounts payable after more than one year | 17 | €1,545 | €0 | -€1,545 | -100% |
| Financial debts | 170/4 | €1,545 | €0 | -€1,545 | -100% |
| Amounts payable within one year | 42/48 | €11,248 | €25,333 | +€14,085 | +125% |
| Current portion of amounts payable after more than one year | 42 | €1,522 | €1,545 | +€23 | +1.5% |
| Trade debts | 44 | €3,293 | €1,343 | -€1,950 | -59.2% |
| Suppliers | 440/4 | €3,293 | €1,343 | -€1,950 | -59.2% |
| Taxes, remuneration and social security | 45 | €2,760 | €9,921 | +€7,161 | +259% |
| Taxes | 450/3 | €2,760 | €7,722 | +€4,962 | +180% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €3,673 | €12,524 | +€8,851 | +241% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,395 | €2,731 | +€335 | +14.0% |
| Other operating charges | 640/8 | €699 | €630 | -€69 | -9.9% |
| Gross operating margin | 9900 | €26,707 | €33,465 | +€6,759 | +25.3% |
| Operating profit (loss) | 9901 | €23,612 | €30,105 | +€6,492 | +27.5% |
| Financial income | 75/76B | €7 | €319 | +€312 | +4,506% |
| Recurring financial income | 75 | €7 | €319 | +€312 | +4,506% |
| Financial charges | 65/66B | €500 | €522 | +€22 | +4.4% |
| Recurring financial charges | 65 | €500 | €522 | +€22 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €23,119 | €29,902 | +€6,782 | +29.3% |
| Income taxes | 67/77 | €6,460 | €7,736 | +€1,276 | +19.7% |
| Profit (loss) for the period | 9904 | €16,659 | €22,165 | +€5,506 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,659 | €22,165 | +€5,506 | +33.1% |
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 19 October 2026 via checked.be.