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FREMONTA: 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.

What changed

FREMONTA

BE 0758.864.355
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€164,370
2023 · €136,782+€27,588
Equity
€511,571
2023 · €347,201+€164,370
Cash
€722,393
2023 · €666,780+€55,613
Balance sheet total
€5.2m
2023 · €4.1m+€1.1m

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€1.1m

    up €1.1m (+31.2%), from €3.4m to €4.5m

    of which Trade receivables: +€1.1m

  • Cash +€55,613

    up €55,613 (+8.3%), from €666,780 to €722,393

    mainly Trade debts (+€898,228) and Net result for the year (+€164,370)

Equity and liabilities
  • Trade debts +€898,228

    up €898,228 (+23.9%), from €3.8m to €4.7m

  • Profit (loss) carried forward +€164,370

    up €164,370 (+48.0%), from €342,201 to €506,571

  • Tax, wage and social debts +€71,746

    new in 2024: €71,746

    of which Taxes: +€64,453

Income statement
  • Gross operating margin +€228,171

    up €228,171 (+94.3%), from €241,986 to €470,157

  • Staff costs +€164,093

    up €164,093 (+322.3%), from €50,906 to €214,999

  • Taxes +€16,429

    up €16,429 (+31.9%), from €51,484 to €67,913

  • Depreciation +€11,939

    up €11,939 (+918.4%), from €1,300 to €13,239

  • Other operating charges +€6,644

    up €6,644 (+307.0%), from €2,164 to €8,808

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €136,782
Gross operating margin +€228,171
Staff costs -€164,093
Depreciation -€11,939
Other operating charges -€6,644
Financial income -€2,002
Financial charges +€524
Taxes -€16,429
Result 2024 €164,370

Cash bridge derived

cash 2023 to 2024

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.

From operations +€85,361
Investment -€29,748
Financing €0
Cash 2023 €666,780
Net result for the year +€164,370
Depreciation +€13,239
Receivables within one year -€1.1m
Deferred charges and accrued income -€366
Trade debts +€898,228
Tax, wage and social debts +€71,746
Other debts +€7,371
Investment in fixed assets (net) -€29,748
Cash 2024 €722,393
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €4,105,687 €5,247,402 +€1.1m +27.8%
Fixed assets 21/28 €15,411 €31,920 +€16,509 +107.1%
Tangible fixed assets 22/27 €13,851 €30,360 +€16,509 +119.2%
Furniture and vehicles 24 €13,851 €30,360 +€16,509 +119.2%
Financial fixed assets 28 €1,560 €1,560 = 0.0%
Current assets 29/58 €4,090,276 €5,215,482 +€1.1m +27.5%
Amounts receivable within one year 40/41 €3,423,496 €4,492,723 +€1.1m +31.2%
Trade receivables 40 €3,423,496 €4,483,323 +€1.1m +31.0%
Other amounts receivable 41 - €9,400 +€9,400
Cash at bank and in hand 54/58 €666,780 €722,393 +€55,613 +8.3%
Deferred charges and accrued income 490/1 - €366 +€366
Total equity and liabilities 10/49 €4,105,687 €5,247,402 +€1.1m +27.8%
Equity 10/15 €347,201 €511,571 +€164,370 +47.3%
Contributions 10/11 €5,000 €5,000 = 0.0%
Capital 10 €5,000 - -€5,000
Issued capital 100 €5,000 - -€5,000
Profit (loss) carried forward 14 €342,201 €506,571 +€164,370 +48.0%
Amounts payable 17/49 €3,758,486 €4,735,831 +€977,345 +26.0%
Amounts payable within one year 42/48 €3,758,486 €4,735,831 +€977,345 +26.0%
Trade debts 44 €3,758,486 €4,656,714 +€898,228 +23.9%
Suppliers 440/4 €3,758,486 €4,656,714 +€898,228 +23.9%
Taxes, remuneration and social security 45 - €71,746 +€71,746
Taxes 450/3 - €64,453 +€64,453
Remuneration and social security 454/9 - €7,293 +€7,293
Other amounts payable 47/48 - €7,371 +€7,371
Remuneration, social security and pensions 62 €50,906 €214,999 +€164,093 +322.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,300 €13,239 +€11,939 +918.4%
Other operating charges 640/8 €2,164 €8,808 +€6,644 +307.0%
Gross operating margin 9900 €241,986 €470,157 +€228,171 +94.3%
Operating profit (loss) 9901 €187,616 €233,111 +€45,495 +24.2%
Financial income 75/76B €2,002 - -€2,002
Recurring financial income 75 €2,002 - -€2,002
Financial charges 65/66B €1,352 €828 -€524 -38.8%
Recurring financial charges 65 €1,352 €828 -€524 -38.8%
Profit (loss) for the period before taxes 9903 €188,266 €232,283 +€44,017 +23.4%
Income taxes 67/77 €51,484 €67,913 +€16,429 +31.9%
Profit (loss) for the period 9904 €136,782 €164,370 +€27,588 +20.2%
Profit (loss) for the period to be appropriated 9905 €136,782 €164,370 +€27,588 +20.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.