Fremarca: 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.
Fremarca
Largest movements
- Receivables within one year +€56,430
up €56,430 (+92.2%), from €61,219 to €117,650
- Receivables after one year -€35,000
no longer reported in 2025 (was €35,000)
- Cash -€30,067
down €30,067 (-62.9%), from €47,834 to €17,767
mainly Receivables within one year (-€56,430) and Trade debts (-€7,018)
- Tangible fixed assets -€3,291
down €3,291 (-9.3%), from €35,386 to €32,096
of which Plant, machinery and equipment: -€2,621
- Trade debts -€7,018
down €7,018 (-63.7%), from €11,018 to €4,000
- Reserves -€4,910
down €4,910 (-6.1%), from €80,802 to €75,892
of which Distributable reserves: -€4,910
- Gross operating margin +€5,541
up €5,541, from -€4,340 to €1,201
- Other operating charges +€2,716
up €2,716 (+194%), from €1,403 to €4,120
- Financial income +€355
up €355 (+35.1%), from €1,010 to €1,365
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 | €179,890 | €167,962 | -€11,928 | -6.6% |
| Fixed assets | 21/28 | €35,386 | €32,096 | -€3,291 | -9.3% |
| Tangible fixed assets | 22/27 | €35,386 | €32,096 | -€3,291 | -9.3% |
| Land and buildings | 22 | €32,765 | €32,096 | -€670 | -2.0% |
| Plant, machinery and equipment | 23 | €2,621 | - | -€2,621 | |
| Current assets | 29/58 | €144,504 | €135,866 | -€8,637 | -6.0% |
| Amounts receivable after more than one year | 29 | €35,000 | - | -€35,000 | |
| Other amounts receivable | 291 | €35,000 | - | -€35,000 | |
| Amounts receivable within one year | 40/41 | €61,219 | €117,650 | +€56,430 | +92.2% |
| Other amounts receivable | 41 | €61,219 | €117,650 | +€56,430 | +92.2% |
| Cash at bank and in hand | 54/58 | €47,834 | €17,767 | -€30,067 | -62.9% |
| Deferred charges and accrued income | 490/1 | €450 | €450 | = | 0.0% |
| Total equity and liabilities | 10/49 | €179,890 | €167,962 | -€11,928 | -6.6% |
| Equity | 10/15 | €167,564 | €162,655 | -€4,910 | -2.9% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Capital | 10 | €86,763 | €86,763 | = | 0.0% |
| Issued capital | 100 | €86,763 | €86,763 | = | 0.0% |
| Reserves | 13 | €80,802 | €75,892 | -€4,910 | -6.1% |
| Non-distributable reserves | 130/1 | €8,676 | €8,676 | = | 0.0% |
| Legal reserve | 130 | €8,676 | €8,676 | = | 0.0% |
| Distributable reserves | 133 | €72,125 | €67,216 | -€4,910 | -6.8% |
| Amounts payable | 17/49 | €12,326 | €5,308 | -€7,018 | -56.9% |
| Amounts payable within one year | 42/48 | €12,326 | €5,308 | -€7,018 | -56.9% |
| Trade debts | 44 | €11,018 | €4,000 | -€7,018 | -63.7% |
| Suppliers | 440/4 | €11,018 | €4,000 | -€7,018 | -63.7% |
| Other amounts payable | 47/48 | €1,308 | €1,308 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,291 | €3,291 | = | 0.0% |
| Other operating charges | 640/8 | €1,403 | €4,120 | +€2,716 | +194% |
| Gross operating margin | 9900 | -€4,340 | €1,201 | +€5,541 | |
| Operating profit (loss) | 9901 | -€9,034 | -€6,209 | +€2,825 | +31.3% |
| Financial income | 75/76B | €1,010 | €1,365 | +€355 | +35.1% |
| Recurring financial income | 75 | €1,010 | €1,365 | +€355 | +35.1% |
| Financial charges | 65/66B | €54 | €66 | +€12 | +22.1% |
| Recurring financial charges | 65 | €54 | €66 | +€12 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,078 | -€4,910 | +€3,168 | +39.2% |
| Profit (loss) for the period | 9904 | -€8,078 | -€4,910 | +€3,168 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,078 | -€4,910 | +€3,168 | +39.2% |
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.