FREMATRA: what changed
Two fiscal 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.
FREMATRA
Largest movements
- Receivables within one year +€19,847
up €19,847 (+110.9%), from €17,897 to €37,744
of which Other amounts receivable: +€13,048
- Intangible fixed assets +€4,115
new in 2024: €4,115
- Financial fixed assets +€2,865
up €2,865 (+584.7%), from €490 to €3,355
- Deferred charges and accrued income +€955
up €955 (+70.6%), from €1,353 to €2,308
- Advances received +€19,055
new in 2024: €19,055
- Tax, wage and social debts +€4,333
up €4,333 (+118.7%), from €3,649 to €7,981
- Other debts +€3,129
up €3,129 (+261.8%), from €1,195 to €4,324
- Short-term financial debts +€730
up €730 (+11.4%), from €6,427 to €7,156
- Financial income +€1,488
up €1,488 (+572246.2%), from €0 to €1,488
- Financial charges +€967
up €967 (+54.9%), from €1,762 to €2,730
- Other operating charges -€947
down €947 (-32.9%), from €2,876 to €1,929
- Depreciation +€177
up €177 (+26.0%), from €683 to €860
- Gross operating margin -€140
down €140 (-3.3%), from €4,239 to €4,099
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,015 | €51,478 | +€27,464 | +114.4% |
| Fixed assets | 21/28 | €910 | €7,755 | +€6,845 | +752.0% |
| Intangible fixed assets | 21 | - | €4,115 | +€4,115 | |
| Tangible fixed assets | 22/27 | €420 | €285 | -€135 | -32.2% |
| Furniture and vehicles | 24 | €420 | €285 | -€135 | -32.2% |
| Financial fixed assets | 28 | €490 | €3,355 | +€2,865 | +584.7% |
| Current assets | 29/58 | €23,104 | €43,723 | +€20,619 | +89.2% |
| Stocks and contracts in progress | 3 | €3,438 | €3,438 | = | 0.0% |
| Stocks | 30/36 | €3,438 | €3,438 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,897 | €37,744 | +€19,847 | +110.9% |
| Trade receivables | 40 | €11,665 | €18,463 | +€6,798 | +58.3% |
| Other amounts receivable | 41 | €6,232 | €19,280 | +€13,048 | +209.4% |
| Cash at bank and in hand | 54/58 | €417 | €234 | -€183 | -43.8% |
| Deferred charges and accrued income | 490/1 | €1,353 | €2,308 | +€955 | +70.6% |
| Total equity and liabilities | 10/49 | €24,015 | €51,478 | +€27,464 | +114.4% |
| Equity | 10/15 | €9,243 | €9,129 | -€114 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,217 | -€11,331 | -€114 | -1.0% |
| Amounts payable | 17/49 | €14,772 | €42,349 | +€27,578 | +186.7% |
| Amounts payable within one year | 42/48 | €14,593 | €42,051 | +€27,459 | +188.2% |
| Financial debts | 43 | €6,427 | €7,156 | +€730 | +11.4% |
| Credit institutions | 430/8 | €6,427 | €7,156 | +€730 | +11.4% |
| Trade debts | 44 | €3,322 | €3,535 | +€213 | +6.4% |
| Suppliers | 440/4 | €3,322 | €3,535 | +€213 | +6.4% |
| Advances received on contracts in progress | 46 | - | €19,055 | +€19,055 | |
| Taxes, remuneration and social security | 45 | €3,649 | €7,981 | +€4,333 | +118.7% |
| Taxes | 450/3 | €3,649 | €7,981 | +€4,333 | +118.7% |
| Other amounts payable | 47/48 | €1,195 | €4,324 | +€3,129 | +261.8% |
| Accrued charges and deferred income | 492/3 | €179 | €298 | +€119 | +66.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €683 | €860 | +€177 | +26.0% |
| Other operating charges | 640/8 | €2,876 | €1,929 | -€947 | -32.9% |
| Gross operating margin | 9900 | €4,239 | €4,099 | -€140 | -3.3% |
| Operating profit (loss) | 9901 | €680 | €1,309 | +€630 | +92.7% |
| Financial income | 75/76B | €0 | €1,488 | +€1,488 | +572246.2% |
| Recurring financial income | 75 | €0 | €1,488 | +€1,488 | +572246.2% |
| Financial charges | 65/66B | €1,762 | €2,730 | +€967 | +54.9% |
| Recurring financial charges | 65 | €1,762 | €2,730 | +€967 | +54.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,082 | €68 | +€1,150 | |
| Income taxes | 67/77 | €83 | €182 | +€98 | +118.0% |
| Profit (loss) for the period | 9904 | -€1,166 | -€114 | +€1,052 | +90.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,166 | -€114 | +€1,052 | +90.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.