FREMIS: 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.
FREMIS
Largest movements
- Receivables within one year -€277,776
down €277,776 (-90.5%), from €306,888 to €29,112
of which Trade receivables: -€280,534
- Tangible fixed assets +€238,890
up €238,890 (+372.1%), from €64,205 to €303,095
of which Land and buildings: +€289,948
- Cash +€52,406
up €52,406 (+291.9%), from €17,956 to €70,362
mainly Receivables within one year (+€277,776) and Other debts (+€96,000)
- Other debts +€96,000
new in 2025: €96,000
- Trade debts -€67,807
down €67,807 (-99.6%), from €68,079 to €271
- Accrued charges and deferred income +€31,791
up €31,791 (+171.8%), from €18,500 to €50,291
- Debts after one year -€29,403
down €29,403 (-100.0%), from €29,403 to €0
- Profit (loss) carried forward +€21,728
up €21,728 (+8.1%), from -€269,333 to -€247,605
- Gross operating margin +€49,374
up €49,374 (+102.3%), from €48,252 to €97,626
- Other operating charges +€36,253
up €36,253 (+192.0%), from €18,884 to €55,137
- Depreciation -€15,978
down €15,978 (-69.9%), from €22,866 to €6,889
- Taxes +€7,243
new in 2025: €7,243
- Financial charges +€5,354
up €5,354 (+419.6%), from €1,276 to €6,630
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 | €393,407 | €406,199 | +€12,792 | +3.3% |
| Fixed assets | 21/28 | €64,205 | €303,095 | +€238,890 | +372.1% |
| Tangible fixed assets | 22/27 | €64,205 | €303,095 | +€238,890 | +372.1% |
| Land and buildings | 22 | €13,147 | €303,095 | +€289,948 | +2205.4% |
| Plant, machinery and equipment | 23 | €3,496 | €0 | -€3,496 | -100.0% |
| Leasing and similar rights | 25 | €47,562 | €0 | -€47,562 | -100.0% |
| Current assets | 29/58 | €329,203 | €103,105 | -€226,098 | -68.7% |
| Amounts receivable within one year | 40/41 | €306,888 | €29,112 | -€277,776 | -90.5% |
| Trade receivables | 40 | €306,888 | €26,354 | -€280,534 | -91.4% |
| Other amounts receivable | 41 | - | €2,757 | +€2,757 | |
| Cash at bank and in hand | 54/58 | €17,956 | €70,362 | +€52,406 | +291.9% |
| Deferred charges and accrued income | 490/1 | €4,359 | €3,631 | -€728 | -16.7% |
| Total equity and liabilities | 10/49 | €393,407 | €406,199 | +€12,792 | +3.3% |
| Equity | 10/15 | €237,450 | €259,178 | +€21,728 | +9.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Outside capital | 11 | €500,000 | - | -€500,000 | |
| Other | 1109/19 | €500,000 | - | -€500,000 | |
| Reserves | 13 | €6,783 | €6,783 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,783 | €6,783 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,783 | €6,783 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€269,333 | -€247,605 | +€21,728 | +8.1% |
| Amounts payable | 17/49 | €155,958 | €147,021 | -€8,936 | -5.7% |
| Amounts payable after more than one year | 17 | €29,403 | €0 | -€29,403 | -100.0% |
| Financial debts | 170/4 | €29,403 | €0 | -€29,403 | -100.0% |
| Amounts payable within one year | 42/48 | €108,055 | €96,730 | -€11,325 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €21,109 | €0 | -€21,109 | -100.0% |
| Trade debts | 44 | €68,079 | €271 | -€67,807 | -99.6% |
| Suppliers | 440/4 | €68,079 | €271 | -€67,807 | -99.6% |
| Taxes, remuneration and social security | 45 | €18,867 | €459 | -€18,408 | -97.6% |
| Taxes | 450/3 | €18,867 | €459 | -€18,408 | -97.6% |
| Other amounts payable | 47/48 | - | €96,000 | +€96,000 | |
| Accrued charges and deferred income | 492/3 | €18,500 | €50,291 | +€31,791 | +171.8% |
| Non-recurring operating income | 76A | - | €76,442 | +€76,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,866 | €6,889 | -€15,978 | -69.9% |
| Other operating charges | 640/8 | €18,884 | €55,137 | +€36,253 | +192.0% |
| Gross operating margin | 9900 | €48,252 | €97,626 | +€49,374 | +102.3% |
| Operating profit (loss) | 9901 | €6,502 | €35,600 | +€29,099 | +447.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,276 | €6,630 | +€5,354 | +419.6% |
| Recurring financial charges | 65 | €1,276 | €6,630 | +€5,354 | +419.6% |
| Profit (loss) for the period before taxes | 9903 | €5,226 | €28,971 | +€23,746 | +454.4% |
| Income taxes | 67/77 | - | €7,243 | +€7,243 | |
| Profit (loss) for the period | 9904 | €5,226 | €21,728 | +€16,503 | +315.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,226 | €21,728 | +€16,503 | +315.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.