FRADEMCO: 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.
FRADEMCO
Largest movements
- Tangible fixed assets +€55,213
up €55,213 (+15.9%), from €346,205 to €401,418
of which Furniture and vehicles: +€55,887
- Receivables within one year +€23,317
up €23,317 (+348.4%), from €6,692 to €30,009
of which Trade receivables: +€26,001
- Debts after one year +€339,808
up €339,808 (+51.5%), from €660,192 to €1.0m
- Other debts -€179,102
down €179,102 (-54.4%), from €329,140 to €150,038
- Profit (loss) carried forward -€61,869
down €61,869 (-9.0%), from -€687,384 to -€749,253
- Trade debts -€17,879
down €17,879 (-96.0%), from €18,621 to €742
- Gross operating margin +€9,278
up €9,278 (+35.2%), from -€26,375 to -€17,097
- Depreciation +€5,971
up €5,971 (+17.4%), from €34,251 to €40,222
- Other operating charges +€4,589
up €4,589 (+454.4%), from €1,010 to €5,599
- Financial income +€2,854
new in 2025: €2,854
- Financial charges -€405
down €405 (-54.6%), from €741 to €336
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.
Cash bridge derived
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 | €416,087 | €498,400 | +€82,313 | +19.8% |
| Fixed assets | 21/28 | €346,460 | €401,673 | +€55,213 | +15.9% |
| Tangible fixed assets | 22/27 | €346,205 | €401,418 | +€55,213 | +15.9% |
| Land and buildings | 22 | €262,350 | €262,350 | = | 0.0% |
| Plant, machinery and equipment | 23 | €782 | €108 | -€674 | -86.2% |
| Furniture and vehicles | 24 | €83,073 | €138,960 | +€55,887 | +67.3% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €69,627 | €96,727 | +€27,100 | +38.9% |
| Amounts receivable within one year | 40/41 | €6,692 | €30,009 | +€23,317 | +348.4% |
| Trade receivables | 40 | €4,008 | €30,009 | +€26,001 | +648.7% |
| Other amounts receivable | 41 | €2,684 | €0 | -€2,684 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,905 | €5,688 | +€3,783 | +198.5% |
| Deferred charges and accrued income | 490/1 | €61,030 | €61,030 | = | 0.0% |
| Total equity and liabilities | 10/49 | €416,087 | €498,400 | +€82,313 | +19.8% |
| Equity | 10/15 | -€591,866 | -€653,735 | -€61,869 | -10.5% |
| Contributions | 10/11 | €93,300 | €93,300 | = | 0.0% |
| Reserves | 13 | €2,217 | €2,217 | = | 0.0% |
| Distributable reserves | 133 | €2,217 | €2,217 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€687,384 | -€749,253 | -€61,869 | -9.0% |
| Amounts payable | 17/49 | €1,007,953 | €1,152,135 | +€144,182 | +14.3% |
| Amounts payable after more than one year | 17 | €660,192 | €1,000,000 | +€339,808 | +51.5% |
| Financial debts | 170/4 | €660,192 | €1,000,000 | +€339,808 | +51.5% |
| Amounts payable within one year | 42/48 | €347,761 | €152,135 | -€195,626 | -56.3% |
| Trade debts | 44 | €18,621 | €742 | -€17,879 | -96.0% |
| Suppliers | 440/4 | €18,621 | €742 | -€17,879 | -96.0% |
| Taxes, remuneration and social security | 45 | - | €1,355 | +€1,355 | |
| Taxes | 450/3 | - | €1,355 | +€1,355 | |
| Other amounts payable | 47/48 | €329,140 | €150,038 | -€179,102 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,251 | €40,222 | +€5,971 | +17.4% |
| Other operating charges | 640/8 | €1,010 | €5,599 | +€4,589 | +454.4% |
| Non-recurring operating charges | 66A | - | €1,468 | +€1,468 | |
| Gross operating margin | 9900 | -€26,375 | -€17,097 | +€9,278 | +35.2% |
| Operating profit (loss) | 9901 | -€61,636 | -€64,387 | -€2,751 | -4.5% |
| Financial income | 75/76B | - | €2,854 | +€2,854 | |
| Recurring financial income | 75 | - | €2,854 | +€2,854 | |
| Financial charges | 65/66B | €741 | €336 | -€405 | -54.6% |
| Recurring financial charges | 65 | €741 | €336 | -€405 | -54.6% |
| Profit (loss) for the period before taxes | 9903 | -€62,377 | -€61,869 | +€508 | +0.8% |
| Income taxes | 67/77 | €287 | - | -€287 | |
| Profit (loss) for the period | 9904 | -€62,664 | -€61,869 | +€795 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,664 | -€61,869 | +€795 | +1.3% |
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 9 October 2026 via checked.be.