Fragimar: what changed
Two fiscal 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.
Fragimar
Largest movements
- Receivables within one year -€634,764
down €634,764 (-17.7%), from €3.6m to €2.9m
of which Other amounts receivable: -€633,675
- Cash +€482,598
up €482,598 (+181019.6%), from €267 to €482,865
mainly Receivables within one year (+€634,764) and Stocks and contracts (+€10,712)
- Other debts -€99,041
down €99,041 (-6.0%), from €1.7m to €1.6m
- Financial income -€23,515
down €23,515 (-30.8%), from €76,441 to €52,926
- Financial charges -€16,403
down €16,403 (-27.8%), from €59,007 to €42,603
- Gross operating margin +€10,299
up €10,299 (+36.7%), from -€28,100 to -€17,801
- Other operating charges -€886
down €886 (-66.4%), from €1,333 to €447
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 | €4,021,740 | €3,859,862 | -€161,878 | -4.0% |
| Fixed assets | 21/28 | €177,235 | €177,235 | = | 0.0% |
| Tangible fixed assets | 22/27 | €61,877 | €61,877 | = | 0.0% |
| Furniture and vehicles | 24 | €61,877 | €61,877 | = | 0.0% |
| Financial fixed assets | 28 | €115,358 | €115,358 | = | 0.0% |
| Current assets | 29/58 | €3,844,504 | €3,682,627 | -€161,878 | -4.2% |
| Stocks and contracts in progress | 3 | €37,712 | €27,000 | -€10,712 | -28.4% |
| Stocks | 30/36 | €37,712 | €27,000 | -€10,712 | -28.4% |
| Amounts receivable within one year | 40/41 | €3,582,726 | €2,947,962 | -€634,764 | -17.7% |
| Trade receivables | 40 | €2,723 | €1,634 | -€1,089 | -40.0% |
| Other amounts receivable | 41 | €3,580,004 | €2,946,328 | -€633,675 | -17.7% |
| Cash at bank and in hand | 54/58 | €267 | €482,865 | +€482,598 | +181019.6% |
| Deferred charges and accrued income | 490/1 | €223,800 | €224,800 | +€1,000 | +0.4% |
| Total equity and liabilities | 10/49 | €4,021,740 | €3,859,862 | -€161,878 | -4.0% |
| Equity | 10/15 | €2,235,562 | €2,216,925 | -€18,637 | -0.8% |
| Contributions | 10/11 | €616,300 | €616,300 | = | 0.0% |
| Capital | 10 | €616,300 | €616,300 | = | 0.0% |
| Issued capital | 100 | €616,300 | €616,300 | = | 0.0% |
| Reserves | 13 | €1,619,137 | €1,600,587 | -€18,550 | -1.1% |
| Non-distributable reserves | 130/1 | €589,111 | €589,111 | = | 0.0% |
| Legal reserve | 130 | €61,630 | €61,630 | = | 0.0% |
| Reserves not available under the articles | 1311 | €527,481 | €527,481 | = | 0.0% |
| Tax-exempt reserves | 132 | €290,627 | €290,627 | = | 0.0% |
| Distributable reserves | 133 | €739,400 | €720,850 | -€18,550 | -2.5% |
| Profit (loss) carried forward | 14 | €125 | €38 | -€87 | -69.6% |
| Amounts payable | 17/49 | €1,786,177 | €1,642,937 | -€143,240 | -8.0% |
| Amounts payable within one year | 42/48 | €1,786,177 | €1,642,937 | -€143,240 | -8.0% |
| Financial debts | 43 | €35,000 | - | -€35,000 | |
| Other loans | 439 | €35,000 | - | -€35,000 | |
| Trade debts | 44 | €80,884 | €71,684 | -€9,200 | -11.4% |
| Suppliers | 440/4 | €80,884 | €71,684 | -€9,200 | -11.4% |
| Taxes, remuneration and social security | 45 | €7,871 | €7,871 | = | 0.0% |
| Taxes | 450/3 | €7,871 | €7,871 | = | 0.0% |
| Other amounts payable | 47/48 | €1,662,423 | €1,563,382 | -€99,041 | -6.0% |
| Other operating charges | 640/8 | €1,333 | €447 | -€886 | -66.4% |
| Non-recurring operating charges | 66A | - | €10,712 | +€10,712 | |
| Gross operating margin | 9900 | -€28,100 | -€17,801 | +€10,299 | +36.7% |
| Operating profit (loss) | 9901 | -€29,433 | -€28,960 | +€473 | +1.6% |
| Financial income | 75/76B | €76,441 | €52,926 | -€23,515 | -30.8% |
| Recurring financial income | 75 | €76,441 | €52,926 | -€23,515 | -30.8% |
| Financial charges | 65/66B | €59,007 | €42,603 | -€16,403 | -27.8% |
| Recurring financial charges | 65 | €59,007 | €42,603 | -€16,403 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,999 | -€18,637 | -€6,638 | -55.3% |
| Profit (loss) for the period | 9904 | -€11,999 | -€18,637 | -€6,638 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,999 | -€18,637 | -€6,638 | -55.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.