FREMATEC: 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.
FREMATEC
Largest movements
- Cash +€113,695
up €113,695 (+54.2%), from €209,635 to €323,330
mainly Net result for the year (+€63,274) and Depreciation (+€55,115)
- Tangible fixed assets -€55,115
down €55,115 (-24.8%), from €221,875 to €166,759
of which Plant, machinery and equipment: -€48,732
- Receivables within one year -€17,768
down €17,768 (-19.2%), from €92,389 to €74,621
- Stocks and contracts -€9,547
down €9,547 (-64.0%), from €14,914 to €5,367
- Reserves +€63,274
up €63,274 (+25.7%), from €245,829 to €309,103
of which Distributable reserves: +€63,274
- Debts after one year -€41,549
down €41,549 (-34.6%), from €119,928 to €78,378
of which Financial debts: -€41,549
- Tax, wage and social debts +€11,093
up €11,093 (+71.0%), from €15,626 to €26,718
of which Taxes: +€13,540
- Other debts -€10,884
down €10,884 (-22.7%), from €48,050 to €37,165
- Trade debts +€7,538
up €7,538 (+31.6%), from €23,890 to €31,428
- Other operating charges -€98,656
down €98,656 (-97.4%), from €101,288 to €2,631
- Taxes +€14,140
up €14,140 (+5,465%), from €259 to €14,399
- Staff costs -€12,475
down €12,475 (-100%), from €12,475 to €0
- Depreciation -€5,911
down €5,911 (-9.7%), from €61,027 to €55,115
- Gross operating margin +€2,020
up €2,020 (+1.4%), from €139,966 to €141,986
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 | €543,680 | €574,342 | +€30,661 | +5.6% |
| Fixed assets | 21/28 | €221,875 | €166,759 | -€55,115 | -24.8% |
| Tangible fixed assets | 22/27 | €221,875 | €166,759 | -€55,115 | -24.8% |
| Land and buildings | 22 | €13,865 | €8,675 | -€5,190 | -37.4% |
| Plant, machinery and equipment | 23 | €206,817 | €158,084 | -€48,732 | -23.6% |
| Furniture and vehicles | 24 | €1,193 | €0 | -€1,193 | -100% |
| Current assets | 29/58 | €321,806 | €407,582 | +€85,777 | +26.7% |
| Stocks and contracts in progress | 3 | €14,914 | €5,367 | -€9,547 | -64.0% |
| Stocks | 30/36 | €14,914 | €5,367 | -€9,547 | -64.0% |
| Amounts receivable within one year | 40/41 | €92,389 | €74,621 | -€17,768 | -19.2% |
| Trade receivables | 40 | €92,389 | €74,621 | -€17,768 | -19.2% |
| Cash at bank and in hand | 54/58 | €209,635 | €323,330 | +€113,695 | +54.2% |
| Deferred charges and accrued income | 490/1 | €4,867 | €4,264 | -€603 | -12.4% |
| Total equity and liabilities | 10/49 | €543,680 | €574,342 | +€30,661 | +5.6% |
| Equity | 10/15 | €295,829 | €359,103 | +€63,274 | +21.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €245,829 | €309,103 | +€63,274 | +25.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €245,829 | €309,103 | +€63,274 | +25.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €247,852 | €215,239 | -€32,613 | -13.2% |
| Amounts payable after more than one year | 17 | €119,928 | €78,378 | -€41,549 | -34.6% |
| Financial debts | 170/4 | €69,928 | €28,378 | -€41,549 | -59.4% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €127,924 | €136,861 | +€8,937 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €40,359 | €41,549 | +€1,190 | +2.9% |
| Trade debts | 44 | €23,890 | €31,428 | +€7,538 | +31.6% |
| Suppliers | 440/4 | €23,890 | €31,428 | +€7,538 | +31.6% |
| Taxes, remuneration and social security | 45 | €15,626 | €26,718 | +€11,093 | +71.0% |
| Taxes | 450/3 | €11,678 | €25,218 | +€13,540 | +116% |
| Remuneration and social security | 454/9 | €3,947 | €1,500 | -€2,447 | -62.0% |
| Other amounts payable | 47/48 | €48,050 | €37,165 | -€10,884 | -22.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €12,475 | €0 | -€12,475 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,027 | €55,115 | -€5,911 | -9.7% |
| Other operating charges | 640/8 | €101,288 | €2,631 | -€98,656 | -97.4% |
| Gross operating margin | 9900 | €139,966 | €141,986 | +€2,020 | +1.4% |
| Operating profit (loss) | 9901 | -€34,824 | €84,239 | +€119,063 | |
| Financial income | 75/76B | €154 | €8 | -€146 | -94.8% |
| Recurring financial income | 75 | €154 | €8 | -€146 | -94.8% |
| Financial charges | 65/66B | €6,232 | €6,574 | +€342 | +5.5% |
| Recurring financial charges | 65 | €6,232 | €6,574 | +€342 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | -€40,902 | €77,673 | +€118,575 | |
| Income taxes | 67/77 | €259 | €14,399 | +€14,140 | +5,465% |
| Profit (loss) for the period | 9904 | -€41,161 | €63,274 | +€104,434 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,161 | €63,274 | +€104,434 |
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.