FreMaTech: 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.
FreMaTech
Largest movements
- Tangible fixed assets -€24,204
down €24,204 (-25.9%), from €93,415 to €69,211
of which Furniture and vehicles: -€18,458
- Cash +€9,271
up €9,271 (+1,023%), from €906 to €10,177
mainly Depreciation (+€22,921) and Net result for the year (+€12,600)
- Receivables within one year +€4,368
up €4,368 (+28.9%), from €15,130 to €19,498
of which Trade receivables: +€2,856
- Stocks and contracts +€2,850
up €2,850 (+25.0%), from €11,392 to €14,242
- Other debts -€6,046
down €6,046 (-29.4%), from €20,588 to €14,542
- Reserves -€1,941
down €1,941 (-5.9%), from €32,707 to €30,766
of which Distributable reserves: -€1,941
- Tax, wage and social debts +€1,530
up €1,530 (+67.5%), from €2,267 to €3,797
- Gross operating margin +€16,700
up €16,700 (+69.2%), from €24,121 to €40,821
- Taxes +€4,776
up €4,776 (+2,050%), from €233 to €5,009
- Depreciation +€4,173
up €4,173 (+22.3%), from €18,748 to €22,921
- Other operating charges -€3,493
down €3,493 (-96.9%), from €3,606 to €113
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 | €120,843 | €113,418 | -€7,425 | -6.1% |
| Fixed assets | 21/28 | €93,415 | €69,211 | -€24,204 | -25.9% |
| Tangible fixed assets | 22/27 | €93,415 | €69,211 | -€24,204 | -25.9% |
| Plant, machinery and equipment | 23 | €26,543 | €20,797 | -€5,746 | -21.6% |
| Furniture and vehicles | 24 | €66,872 | €48,414 | -€18,458 | -27.6% |
| Current assets | 29/58 | €27,428 | €44,207 | +€16,779 | +61.2% |
| Amounts receivable after more than one year | 29 | - | €290 | +€290 | |
| Other amounts receivable | 291 | - | €290 | +€290 | |
| Stocks and contracts in progress | 3 | €11,392 | €14,242 | +€2,850 | +25.0% |
| Stocks | 30/36 | €11,392 | €14,242 | +€2,850 | +25.0% |
| Amounts receivable within one year | 40/41 | €15,130 | €19,498 | +€4,368 | +28.9% |
| Trade receivables | 40 | €15,130 | €17,986 | +€2,856 | +18.9% |
| Other amounts receivable | 41 | - | €1,512 | +€1,512 | |
| Cash at bank and in hand | 54/58 | €906 | €10,177 | +€9,271 | +1,023% |
| Total equity and liabilities | 10/49 | €120,843 | €113,418 | -€7,425 | -6.1% |
| Equity | 10/15 | €93,645 | €91,704 | -€1,941 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,707 | €30,766 | -€1,941 | -5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,847 | €28,906 | -€1,941 | -6.3% |
| Profit (loss) carried forward | 14 | €42,338 | €42,338 | = | 0.0% |
| Amounts payable | 17/49 | €27,198 | €21,714 | -€5,484 | -20.2% |
| Amounts payable within one year | 42/48 | €27,198 | €21,714 | -€5,484 | -20.2% |
| Trade debts | 44 | €4,343 | €3,375 | -€968 | -22.3% |
| Suppliers | 440/4 | €4,343 | €3,375 | -€968 | -22.3% |
| Taxes, remuneration and social security | 45 | €2,267 | €3,797 | +€1,530 | +67.5% |
| Taxes | 450/3 | €2,267 | €3,797 | +€1,530 | +67.5% |
| Other amounts payable | 47/48 | €20,588 | €14,542 | -€6,046 | -29.4% |
| Non-recurring operating income | 76A | €7,000 | €8,331 | +€1,331 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,748 | €22,921 | +€4,173 | +22.3% |
| Other operating charges | 640/8 | €3,606 | €113 | -€3,493 | -96.9% |
| Gross operating margin | 9900 | €24,121 | €40,821 | +€16,700 | +69.2% |
| Operating profit (loss) | 9901 | €1,767 | €17,787 | +€16,020 | +907% |
| Financial charges | 65/66B | €152 | €178 | +€26 | +17.1% |
| Recurring financial charges | 65 | €152 | €178 | +€26 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €1,615 | €17,609 | +€15,994 | +990% |
| Income taxes | 67/77 | €233 | €5,009 | +€4,776 | +2,050% |
| Profit (loss) for the period | 9904 | €1,382 | €12,600 | +€11,218 | +812% |
| Profit (loss) for the period to be appropriated | 9905 | €1,382 | €12,600 | +€11,218 | +812% |
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 16 October 2026 via checked.be.