FDMDH: what changed
FDMDH
Largest movements
- Receivables within one year +€15,437
up €15,437 (+902%), from €1,712 to €17,149
of which Trade receivables: +€13,093
- Tangible fixed assets -€3,659
down €3,659 (-5.1%), from €71,986 to €68,327
- Other debts +€23,415
up €23,415 (+27.8%), from €84,146 to €107,561
- Profit (loss) carried forward -€12,588
down €12,588 (-237%), from -€5,311 to -€17,899
- Trade debts +€1,195
up €1,195 (+75.6%), from €1,579 to €2,774
- Financial charges +€3,859
up €3,859 (+162%), from €2,380 to €6,239
- Depreciation +€2,591
up €2,591 (+181%), from €1,428 to €4,019
- Gross operating margin -€791
down €791 (-75.0%), from -€1,055 to -€1,846
- Other operating charges +€159
up €159 (+35.4%), from €448 to €607
- Financial income +€123
new in 2025: €123
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,573 | €94,919 | +€12,346 | +15.0% |
| Formation expenses | 20 | €1,562 | €1,202 | -€360 | -23.0% |
| Fixed assets | 21/28 | €71,986 | €68,327 | -€3,659 | -5.1% |
| Tangible fixed assets | 22/27 | €71,986 | €68,327 | -€3,659 | -5.1% |
| Land and buildings | 22 | €71,986 | €68,327 | -€3,659 | -5.1% |
| Current assets | 29/58 | €9,025 | €25,390 | +€16,365 | +181% |
| Amounts receivable within one year | 40/41 | €1,712 | €17,149 | +€15,437 | +902% |
| Trade receivables | 40 | €1,339 | €14,433 | +€13,093 | +978% |
| Other amounts receivable | 41 | €373 | €2,717 | +€2,344 | +629% |
| Cash at bank and in hand | 54/58 | €7,313 | €8,240 | +€928 | +12.7% |
| Total equity and liabilities | 10/49 | €82,573 | €94,919 | +€12,346 | +15.0% |
| Equity | 10/15 | -€3,311 | -€15,899 | -€12,588 | -380% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,311 | -€17,899 | -€12,588 | -237% |
| Amounts payable | 17/49 | €85,884 | €110,818 | +€24,934 | +29.0% |
| Amounts payable within one year | 42/48 | €85,884 | €110,818 | +€24,934 | +29.0% |
| Trade debts | 44 | €1,579 | €2,774 | +€1,195 | +75.6% |
| Suppliers | 440/4 | €1,579 | €2,774 | +€1,195 | +75.6% |
| Taxes, remuneration and social security | 45 | €159 | €482 | +€324 | +204% |
| Taxes | 450/3 | €159 | €482 | +€324 | +204% |
| Other amounts payable | 47/48 | €84,146 | €107,561 | +€23,415 | +27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,428 | €4,019 | +€2,591 | +181% |
| Other operating charges | 640/8 | €448 | €607 | +€159 | +35.4% |
| Gross operating margin | 9900 | -€1,055 | -€1,846 | -€791 | -75.0% |
| Operating profit (loss) | 9901 | -€2,931 | -€6,471 | -€3,541 | -121% |
| Financial income | 75/76B | - | €123 | +€123 | |
| Recurring financial income | 75 | - | €123 | +€123 | |
| Financial charges | 65/66B | €2,380 | €6,239 | +€3,859 | +162% |
| Recurring financial charges | 65 | €2,380 | €6,239 | +€3,859 | +162% |
| Profit (loss) for the period before taxes | 9903 | -€5,311 | -€12,588 | -€7,277 | -137% |
| Profit (loss) for the period | 9904 | -€5,311 | -€12,588 | -€7,277 | -137% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,311 | -€12,588 | -€7,277 | -137% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.