FREMED: 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.
FREMED
Largest movements
- Cash -€4,332
down €4,332 (-60.9%), from €7,119 to €2,787
mainly Net result for the year (-€4,495) and Investment in fixed assets (net) (-€4,250)
- Tangible fixed assets +€3,927
new in 2025: €3,927
- Receivables within one year -€883
down €883 (-42.8%), from €2,064 to €1,181
of which Trade receivables: -€676
- Stocks and contracts +€573
up €573 (+4.4%), from €13,120 to €13,693
- Other debts +€6,973
up €6,973 (+21.1%), from €32,983 to €39,956
- Profit (loss) carried forward -€4,495
down €4,495 (-11.6%), from -€38,915 to -€43,410
- Trade debts -€2,787
down €2,787 (-44.4%), from €6,276 to €3,489
- Tax, wage and social debts -€300
down €300 (-19.5%), from €1,538 to €1,238
- Gross operating margin -€3,203
down €3,203, from €598 to -€2,604
- Other operating charges +€874
up €874 (+170.3%), from €513 to €1,387
- Depreciation +€323
new in 2025: €323
- Financial charges +€30
up €30 (+19.9%), from €151 to €181
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 | €22,334 | €21,724 | -€610 | -2.7% |
| Fixed assets | 21/28 | €31 | €3,958 | +€3,927 | +12671.4% |
| Tangible fixed assets | 22/27 | - | €3,927 | +€3,927 | |
| Furniture and vehicles | 24 | - | €3,927 | +€3,927 | |
| Financial fixed assets | 28 | €31 | €31 | = | 0.0% |
| Current assets | 29/58 | €22,303 | €17,766 | -€4,537 | -20.3% |
| Stocks and contracts in progress | 3 | €13,120 | €13,693 | +€573 | +4.4% |
| Stocks | 30/36 | €13,120 | €13,693 | +€573 | +4.4% |
| Amounts receivable within one year | 40/41 | €2,064 | €1,181 | -€883 | -42.8% |
| Trade receivables | 40 | €964 | €289 | -€676 | -70.1% |
| Other amounts receivable | 41 | €1,100 | €893 | -€207 | -18.8% |
| Cash at bank and in hand | 54/58 | €7,119 | €2,787 | -€4,332 | -60.9% |
| Deferred charges and accrued income | 490/1 | - | €106 | +€106 | |
| Total equity and liabilities | 10/49 | €22,334 | €21,724 | -€610 | -2.7% |
| Equity | 10/15 | -€18,464 | -€22,959 | -€4,495 | -24.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,915 | -€43,410 | -€4,495 | -11.6% |
| Amounts payable | 17/49 | €40,797 | €44,683 | +€3,886 | +9.5% |
| Amounts payable within one year | 42/48 | €40,797 | €44,683 | +€3,886 | +9.5% |
| Trade debts | 44 | €6,276 | €3,489 | -€2,787 | -44.4% |
| Suppliers | 440/4 | €6,276 | €3,489 | -€2,787 | -44.4% |
| Taxes, remuneration and social security | 45 | €1,538 | €1,238 | -€300 | -19.5% |
| Taxes | 450/3 | €1,538 | €1,238 | -€300 | -19.5% |
| Other amounts payable | 47/48 | €32,983 | €39,956 | +€6,973 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €323 | +€323 | |
| Other operating charges | 640/8 | €513 | €1,387 | +€874 | +170.3% |
| Gross operating margin | 9900 | €598 | -€2,604 | -€3,203 | |
| Operating profit (loss) | 9901 | €85 | -€4,315 | -€4,400 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €151 | €181 | +€30 | +19.9% |
| Recurring financial charges | 65 | €151 | €181 | +€30 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | -€66 | -€4,495 | -€4,430 | -6742.4% |
| Profit (loss) for the period | 9904 | -€66 | -€4,495 | -€4,430 | -6742.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€66 | -€4,495 | -€4,430 | -6742.4% |
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 12 October 2026 via checked.be.