FREMATICS: 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.
FREMATICS
Largest movements
- Cash -€175,897
down €175,897 (-33.4%), from €526,154 to €350,256
mainly Investment in fixed assets (net) (-€220,191) and Trade debts (-€94,272)
- Tangible fixed assets +€134,150
up €134,150 (+44.0%), from €304,702 to €438,852
of which Other tangible fixed assets: +€183,149
- Receivables within one year +€32,948
up €32,948 (+97.8%), from €33,685 to €66,634
of which Trade receivables: +€32,427
- Debts after one year +€150,096
up €150,096 (+679.4%), from €22,092 to €172,188
- Trade debts -€94,272
down €94,272 (-23.5%), from €400,564 to €306,292
- Tax, wage and social debts -€63,746
down €63,746 (-26.9%), from €237,296 to €173,550
of which Remuneration and social security: -€60,621
- Current portion of long-term debt +€28,481
up €28,481 (+96.9%), from €29,403 to €57,884
- Profit (loss) carried forward -€24,878
down €24,878 (-84.5%), from -€29,447 to -€54,325
- Gross operating margin -€44,012
down €44,012 (-2.8%), from €1.6m to €1.5m
- Staff costs +€39,554
up €39,554 (+2.8%), from €1.4m to €1.5m
- Depreciation -€30,337
down €30,337 (-25.6%), from €118,520 to €88,184
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 | €922,908 | €918,089 | -€4,819 | -0.5% |
| Fixed assets | 21/28 | €320,161 | €452,168 | +€132,007 | +41.2% |
| Intangible fixed assets | 21 | €14,864 | €12,721 | -€2,143 | -14.4% |
| Tangible fixed assets | 22/27 | €304,702 | €438,852 | +€134,150 | +44.0% |
| Plant, machinery and equipment | 23 | €240,260 | €193,211 | -€47,049 | -19.6% |
| Furniture and vehicles | 24 | €3,112 | €1,162 | -€1,951 | -62.7% |
| Other tangible fixed assets | 26 | €61,331 | €244,480 | +€183,149 | +298.6% |
| Financial fixed assets | 28 | €595 | €595 | = | 0.0% |
| Current assets | 29/58 | €602,747 | €465,921 | -€136,826 | -22.7% |
| Stocks and contracts in progress | 3 | €24,694 | €24,434 | -€260 | -1.1% |
| Stocks | 30/36 | €24,694 | €24,434 | -€260 | -1.1% |
| Amounts receivable within one year | 40/41 | €33,685 | €66,634 | +€32,948 | +97.8% |
| Trade receivables | 40 | €31,850 | €64,277 | +€32,427 | +101.8% |
| Other amounts receivable | 41 | €1,836 | €2,357 | +€521 | +28.4% |
| Cash at bank and in hand | 54/58 | €526,154 | €350,256 | -€175,897 | -33.4% |
| Deferred charges and accrued income | 490/1 | €18,214 | €24,597 | +€6,383 | +35.0% |
| Total equity and liabilities | 10/49 | €922,908 | €918,089 | -€4,819 | -0.5% |
| Equity | 10/15 | €233,053 | €208,175 | -€24,878 | -10.7% |
| Contributions | 10/11 | €262,500 | €262,500 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€29,447 | -€54,325 | -€24,878 | -84.5% |
| Amounts payable | 17/49 | €689,855 | €709,914 | +€20,059 | +2.9% |
| Amounts payable after more than one year | 17 | €22,092 | €172,188 | +€150,096 | +679.4% |
| Financial debts | 170/4 | €22,092 | €172,188 | +€150,096 | +679.4% |
| Amounts payable within one year | 42/48 | €667,763 | €537,726 | -€130,037 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €29,403 | €57,884 | +€28,481 | +96.9% |
| Trade debts | 44 | €400,564 | €306,292 | -€94,272 | -23.5% |
| Suppliers | 440/4 | €400,564 | €306,292 | -€94,272 | -23.5% |
| Taxes, remuneration and social security | 45 | €237,296 | €173,550 | -€63,746 | -26.9% |
| Taxes | 450/3 | €14,001 | €10,876 | -€3,125 | -22.3% |
| Remuneration and social security | 454/9 | €223,295 | €162,674 | -€60,621 | -27.1% |
| Other amounts payable | 47/48 | €500 | €0 | -€500 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,411,083 | €1,450,637 | +€39,554 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,520 | €88,184 | -€30,337 | -25.6% |
| Other operating charges | 640/8 | €4,276 | €3,944 | -€332 | -7.8% |
| Non-recurring operating charges | 66A | - | €20 | +€20 | |
| Gross operating margin | 9900 | €1,587,346 | €1,543,333 | -€44,012 | -2.8% |
| Operating profit (loss) | 9901 | €53,465 | €548 | -€52,917 | -99.0% |
| Financial income | 75/76B | €1 | €173 | +€172 | +21288.9% |
| Recurring financial income | 75 | €1 | €173 | +€172 | +21288.9% |
| Financial charges | 65/66B | €17,925 | €25,369 | +€7,444 | +41.5% |
| Recurring financial charges | 65 | €17,925 | €25,369 | +€7,444 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €35,541 | -€24,648 | -€60,189 | |
| Income taxes | 67/77 | €290 | €230 | -€60 | -20.8% |
| Profit (loss) for the period | 9904 | €35,251 | -€24,878 | -€60,128 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,251 | -€24,878 | -€60,128 |
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 10 October 2026 via checked.be.