FREEMED: 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.
FREEMED
Largest movements
- Receivables within one year -€56,722
down €56,722 (-50.1%), from €113,287 to €56,565
- Cash +€48,795
up €48,795 (+15.4%), from €316,239 to €365,034
mainly Net result for the year (+€123,046) and Receivables within one year (+€56,722)
- Tangible fixed assets +€19,119
up €19,119 (+125.4%), from €15,247 to €34,366
- Deferred charges and accrued income +€13,381
up €13,381 (+23.1%), from €57,835 to €71,217
- Trade debts +€26,114
up €26,114 (+2093.0%), from €1,248 to €27,362
- Tax, wage and social debts -€25,006
down €25,006 (-34.7%), from €72,121 to €47,114
of which Taxes: -€21,306
- Other debts +€20,000
up €20,000 (+20.0%), from €100,000 to €120,000
- Gross operating margin +€30,197
up €30,197 (+19.0%), from €158,652 to €188,849
- Taxes +€6,801
up €6,801 (+12.9%), from €52,809 to €59,610
- Financial income -€1,912
down €1,912 (-24.7%), from €7,750 to €5,838
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €503,457 | €528,031 | +€24,574 | +4.9% |
| Fixed assets | 21/28 | €16,097 | €35,216 | +€19,119 | +118.8% |
| Tangible fixed assets | 22/27 | €15,247 | €34,366 | +€19,119 | +125.4% |
| Furniture and vehicles | 24 | €15,247 | €34,366 | +€19,119 | +125.4% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €487,361 | €492,816 | +€5,455 | +1.1% |
| Amounts receivable within one year | 40/41 | €113,287 | €56,565 | -€56,722 | -50.1% |
| Other amounts receivable | 41 | €113,287 | €56,565 | -€56,722 | -50.1% |
| Cash at bank and in hand | 54/58 | €316,239 | €365,034 | +€48,795 | +15.4% |
| Deferred charges and accrued income | 490/1 | €57,835 | €71,217 | +€13,381 | +23.1% |
| Total equity and liabilities | 10/49 | €503,457 | €528,031 | +€24,574 | +4.9% |
| Equity | 10/15 | €330,089 | €333,555 | +€3,466 | +1.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €57,983 | €57,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €57,983 | €57,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €57,983 | €57,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | €271,606 | €275,072 | +€3,466 | +1.3% |
| Amounts payable | 17/49 | €173,368 | €194,476 | +€21,108 | +12.2% |
| Amounts payable within one year | 42/48 | €173,368 | €194,476 | +€21,108 | +12.2% |
| Trade debts | 44 | €1,248 | €27,362 | +€26,114 | +2093.0% |
| Suppliers | 440/4 | €1,248 | €27,362 | +€26,114 | +2093.0% |
| Taxes, remuneration and social security | 45 | €72,121 | €47,114 | -€25,006 | -34.7% |
| Taxes | 450/3 | €68,421 | €47,114 | -€21,306 | -31.1% |
| Remuneration and social security | 454/9 | €3,700 | - | -€3,700 | |
| Other amounts payable | 47/48 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,788 | €10,180 | -€608 | -5.6% |
| Other operating charges | 640/8 | - | €1,523 | +€1,523 | |
| Gross operating margin | 9900 | €158,652 | €188,849 | +€30,197 | +19.0% |
| Operating profit (loss) | 9901 | €147,863 | €177,146 | +€29,282 | +19.8% |
| Financial income | 75/76B | €7,750 | €5,838 | -€1,912 | -24.7% |
| Recurring financial income | 75 | €7,750 | €5,838 | -€1,912 | -24.7% |
| Financial charges | 65/66B | €364 | €327 | -€36 | -10.0% |
| Recurring financial charges | 65 | €364 | €327 | -€36 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €155,249 | €182,657 | +€27,407 | +17.7% |
| Income taxes | 67/77 | €52,809 | €59,610 | +€6,801 | +12.9% |
| Profit (loss) for the period | 9904 | €102,440 | €123,046 | +€20,606 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €102,440 | €123,046 | +€20,606 | +20.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.