fodevam: what changed
fodevam
Largest movements
- Current investments +€26,755
new in 2026: €26,755
- Cash -€20,194
no longer reported in 2026 (was €20,194)
mainly Current investments (-€26,755) and Contributions, distributions and other (-€12,000)
- Tangible fixed assets -€6,779
down €6,779 (-9.9%), from €68,364 to €61,585
- Profit (loss) carried forward -€12,218
down €12,218 (-19.1%), from €63,864 to €51,646
- Other debts +€8,400
up €8,400 (+1,335%), from €629 to €9,029
- Tax, wage and social debts +€3,600
new in 2026: €3,600
- Purchases and services +€1,791
up €1,791 (+19.2%), from €9,334 to €11,125
- Gross operating margin -€1,594
down €1,594 (-15.2%), from €10,469 to €8,875
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.
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.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,558 | €88,340 | -€218 | -0.2% |
| Fixed assets | 21/28 | €68,364 | €61,585 | -€6,779 | -9.9% |
| Tangible fixed assets | 22/27 | €68,364 | €61,585 | -€6,779 | -9.9% |
| Land and buildings | 22 | €68,364 | €61,585 | -€6,779 | -9.9% |
| Current assets | 29/58 | €20,194 | €26,755 | +€6,561 | +32.5% |
| Current investments | 50/53 | - | €26,755 | +€26,755 | |
| Cash at bank and in hand | 54/58 | €20,194 | - | -€20,194 | |
| Total equity and liabilities | 10/49 | €88,558 | €88,340 | -€218 | -0.2% |
| Equity | 10/15 | €87,294 | €75,076 | -€12,218 | -14.0% |
| Contributions | 10/11 | €21,300 | €21,300 | = | 0.0% |
| Reserves | 13 | €2,130 | €2,130 | = | 0.0% |
| Distributable reserves | 133 | €2,130 | €2,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,864 | €51,646 | -€12,218 | -19.1% |
| Amounts payable | 17/49 | €1,264 | €13,264 | +€12,000 | +949% |
| Amounts payable within one year | 42/48 | €629 | €12,629 | +€12,000 | +1,908% |
| Taxes, remuneration and social security | 45 | - | €3,600 | +€3,600 | |
| Taxes | 450/3 | - | €3,600 | +€3,600 | |
| Other amounts payable | 47/48 | €629 | €9,029 | +€8,400 | +1,335% |
| Accrued charges and deferred income | 492/3 | €635 | €635 | = | 0.0% |
| Turnover | 70 | €19,803 | €20,000 | +€197 | +1.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,334 | €11,125 | +€1,791 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,779 | €6,779 | = | 0.0% |
| Other operating charges | 640/8 | €2,243 | €2,314 | +€71 | +3.2% |
| Gross operating margin | 9900 | €10,469 | €8,875 | -€1,594 | -15.2% |
| Operating profit (loss) | 9901 | €1,447 | -€218 | -€1,665 | |
| Financial charges | 65/66B | €90 | - | -€90 | |
| Recurring financial charges | 65 | €90 | - | -€90 | |
| Profit (loss) for the period before taxes | 9903 | €1,357 | -€218 | -€1,575 | |
| Profit (loss) for the period | 9904 | €1,357 | -€218 | -€1,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,357 | -€218 | -€1,575 |
Next steps
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 5 November 2026 via checked.be.