FREMAGAVA: 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.
FREMAGAVA
Largest movements
- Cash -€2,580
down €2,580 (-47.2%), from €5,460 to €2,880
mainly Net result for the year (-€2,523) and Other debts (-€1,070)
- Profit (loss) carried forward -€2,523
down €2,523 (-68.7%), from -€3,670 to -€6,193
- Other debts -€1,070
no longer reported in 2025 (was €1,070)
- Debts after one year +€1,013
new in 2025: €1,013
- Gross operating margin -€1,495
down €1,495 (-238%), from -€628 to -€2,123
- Purchases and services +€1,495
up €1,495 (+238%), from €628 to €2,123
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.
Derived cash bridge
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 | €5,460 | €2,880 | -€2,580 | -47.2% |
| Current assets | 29/58 | €5,460 | €2,880 | -€2,580 | -47.2% |
| Cash at bank and in hand | 54/58 | €5,460 | €2,880 | -€2,580 | -47.2% |
| Total equity and liabilities | 10/49 | €5,460 | €2,880 | -€2,580 | -47.2% |
| Equity | 10/15 | €4,390 | €1,867 | -€2,523 | -57.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€3,670 | -€6,193 | -€2,523 | -68.7% |
| Amounts payable | 17/49 | €1,070 | €1,013 | -€57 | -5.4% |
| Amounts payable after more than one year | 17 | - | €1,013 | +€1,013 | |
| Other amounts payable | 178/9 | - | €1,013 | +€1,013 | |
| Amounts payable within one year | 42/48 | €1,070 | - | -€1,070 | |
| Other amounts payable | 47/48 | €1,070 | - | -€1,070 | |
| Goods, raw materials, services and sundry goods | 60/61 | €628 | €2,123 | +€1,495 | +238% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€628 | -€2,123 | -€1,495 | -238% |
| Operating profit (loss) | 9901 | -€1,015 | -€2,523 | -€1,507 | -148% |
| Profit (loss) for the period before taxes | 9903 | -€1,015 | -€2,523 | -€1,507 | -148% |
| Profit (loss) for the period | 9904 | -€1,015 | -€2,523 | -€1,507 | -148% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,015 | -€2,523 | -€1,507 | -148% |
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 14 October 2026 via checked.be.