FREGAMAT: 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.
FREGAMAT
Largest movements
- Cash -€28,113
down €28,113 (-3.1%), from €902,497 to €874,383
mainly Other debts (-€29,941) and Net result for the year (-€7,475)
- Other debts -€29,941
down €29,941 (-20.7%), from €144,773 to €114,832
- Gross operating margin +€35,222
up €35,222 (+91.9%), from -€38,343 to -€3,121
- Other operating charges +€3,151
up €3,151 (+446.2%), from €706 to €3,858
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 | €926,029 | €891,224 | -€34,804 | -3.8% |
| Fixed assets | 21/28 | €13,612 | €13,612 | = | 0.0% |
| Financial fixed assets | 28 | €13,612 | €13,612 | = | 0.0% |
| Current assets | 29/58 | €912,417 | €877,612 | -€34,804 | -3.8% |
| Amounts receivable within one year | 40/41 | €8,990 | €2,404 | -€6,586 | -73.3% |
| Trade receivables | 40 | €7,260 | €0 | -€7,260 | -100.0% |
| Other amounts receivable | 41 | €1,730 | €2,404 | +€674 | +39.0% |
| Cash at bank and in hand | 54/58 | €902,497 | €874,383 | -€28,113 | -3.1% |
| Deferred charges and accrued income | 490/1 | €930 | €825 | -€105 | -11.3% |
| Total equity and liabilities | 10/49 | €926,029 | €891,224 | -€34,804 | -3.8% |
| Equity | 10/15 | €780,576 | €773,101 | -€7,475 | -1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €617,807 | €617,807 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €617,807 | €617,807 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,569 | €149,094 | -€7,475 | -4.8% |
| Amounts payable | 17/49 | €145,452 | €118,123 | -€27,329 | -18.8% |
| Amounts payable within one year | 42/48 | €145,452 | €118,123 | -€27,329 | -18.8% |
| Trade debts | 44 | €343 | €0 | -€343 | -100.0% |
| Suppliers | 440/4 | €343 | €0 | -€343 | -100.0% |
| Taxes, remuneration and social security | 45 | €337 | €3,291 | +€2,955 | +878.0% |
| Taxes | 450/3 | €337 | €3,291 | +€2,955 | +878.0% |
| Other amounts payable | 47/48 | €144,773 | €114,832 | -€29,941 | -20.7% |
| Other operating charges | 640/8 | €706 | €3,858 | +€3,151 | +446.2% |
| Gross operating margin | 9900 | -€38,343 | -€3,121 | +€35,222 | +91.9% |
| Operating profit (loss) | 9901 | -€39,049 | -€6,978 | +€32,071 | +82.1% |
| Financial charges | 65/66B | €281 | €289 | +€8 | +2.9% |
| Recurring financial charges | 65 | €281 | €289 | +€8 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€39,330 | -€7,268 | +€32,063 | +81.5% |
| Income taxes | 67/77 | €0 | €208 | +€208 | |
| Profit (loss) for the period | 9904 | -€39,330 | -€7,475 | +€31,855 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,330 | -€7,475 | +€31,855 | +81.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.