FMLC: what changed
What changed
FMLC
NACE 55.202, Accommodation
filed annual accounts (NBB)
Net result for the year
-€43,123
2025 · -€75,468+€32,345
Equity
€2.0m
2025 · €2.0m-€43,123
Cash
€26,816
2025 · €36,414-€9,598
Balance sheet total
€2.0m
2025 · €2.0m-€40,863
Largest movements
Assets
- Tangible fixed assets -€78,892
down €78,892 (-11.3%), from €697,211 to €618,318
of which Land and buildings: -€63,141
- Current investments +€48,636
up €48,636 (+4.0%), from €1.2m to €1.3m
Equity and liabilities
- Profit (loss) carried forward -€43,123
down €43,123 (-2.2%), from €2.0m to €1.9m
Income statement
- Financial income +€22,247
up €22,247 (+155%), from €14,369 to €36,616
- Gross operating margin +€12,226
up €12,226 (+144%), from €8,461 to €20,687
- Financial charges +€3,787
up €3,787 (+862%), from €439 to €4,226
- Other operating charges -€928
down €928 (-12.6%), from €7,368 to €6,441
- Depreciation -€673
down €673 (-0.8%), from €88,783 to €88,111
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
-€75,468
Gross operating margin
+€12,226
Depreciation
+€673
Other operating charges
+€928
Financial income
+€22,247
Financial charges
-€3,787
Taxes
+€59
Result 2026
-€43,123
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€48,255
Investment
-€57,854
Financing
€0
Cash 2025
€36,414
From operations (derived)
+€48,255
Net result for the year
-€43,123
Depreciation
+€88,111
Receivables within one year
+€3,136
Deferred charges and accrued income
-€2,127
Trade debts
+€1,024
Accrued charges and deferred income
+€1,235
Investment (derived)
-€57,854
Investment in fixed assets (net)
-€9,218
Current investments
-€48,636
Cash 2026
€26,816
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,009,671 | €1,968,808 | -€40,863 | -2.0% |
| Fixed assets | 21/28 | €697,211 | €618,318 | -€78,892 | -11.3% |
| Tangible fixed assets | 22/27 | €697,211 | €618,318 | -€78,892 | -11.3% |
| Land and buildings | 22 | €635,505 | €572,363 | -€63,141 | -9.9% |
| Plant, machinery and equipment | 23 | €19,823 | €11,720 | -€8,103 | -40.9% |
| Furniture and vehicles | 24 | €41,884 | €34,235 | -€7,648 | -18.3% |
| Current assets | 29/58 | €1,312,460 | €1,350,490 | +€38,029 | +2.9% |
| Amounts receivable within one year | 40/41 | €49,096 | €45,961 | -€3,136 | -6.4% |
| Trade receivables | 40 | €11,050 | €23,501 | +€12,451 | +113% |
| Other amounts receivable | 41 | €38,046 | €22,460 | -€15,587 | -41.0% |
| Current investments | 50/53 | €1,226,950 | €1,275,585 | +€48,636 | +4.0% |
| Cash at bank and in hand | 54/58 | €36,414 | €26,816 | -€9,598 | -26.4% |
| Deferred charges and accrued income | 490/1 | - | €2,127 | +€2,127 | |
| Total equity and liabilities | 10/49 | €2,009,671 | €1,968,808 | -€40,863 | -2.0% |
| Equity | 10/15 | €2,009,671 | €1,966,549 | -€43,123 | -2.1% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,974,671 | €1,931,549 | -€43,123 | -2.2% |
| Amounts payable | 17/49 | - | €2,259 | +€2,259 | |
| Amounts payable within one year | 42/48 | - | €1,024 | +€1,024 | |
| Trade debts | 44 | - | €1,024 | +€1,024 | |
| Suppliers | 440/4 | - | €1,024 | +€1,024 | |
| Accrued charges and deferred income | 492/3 | - | €1,235 | +€1,235 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,783 | €88,111 | -€673 | -0.8% |
| Other operating charges | 640/8 | €7,368 | €6,441 | -€928 | -12.6% |
| Gross operating margin | 9900 | €8,461 | €20,687 | +€12,226 | +144% |
| Operating profit (loss) | 9901 | -€87,691 | -€73,865 | +€13,826 | +15.8% |
| Financial income | 75/76B | €14,369 | €36,616 | +€22,247 | +155% |
| Recurring financial income | 75 | €14,369 | €36,616 | +€22,247 | +155% |
| Financial charges | 65/66B | €439 | €4,226 | +€3,787 | +862% |
| Recurring financial charges | 65 | €439 | €4,226 | +€3,787 | +862% |
| Profit (loss) for the period before taxes | 9903 | -€73,760 | -€41,475 | +€32,286 | +43.8% |
| Income taxes | 67/77 | €1,707 | €1,648 | -€59 | -3.5% |
| Profit (loss) for the period | 9904 | -€75,468 | -€43,123 | +€32,345 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,468 | -€43,123 | +€32,345 | +42.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.