FRIMEX: 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.
FRIMEX
Largest movements
- Receivables within one year -€45,487
down €45,487 (-66.8%), from €68,073 to €22,586
of which Trade receivables: -€33,683
- Tangible fixed assets -€29,796
down €29,796 (-15.2%), from €196,036 to €166,239
- Cash +€22,795
up €22,795 (+19.4%), from €117,527 to €140,322
mainly Other debts (+€62,823) and Receivables within one year (+€45,487)
- Stocks and contracts +€18,750
new in 2025: €18,750
- Trade debts -€69,175
down €69,175 (-72.1%), from €95,937 to €26,762
- Other debts +€62,823
new in 2025: €62,823
- Accrued charges and deferred income -€44,770
no longer reported in 2025 (was €44,770)
- Profit (loss) carried forward +€43,004
up €43,004 (+32.9%), from €130,821 to €173,825
- Debts after one year -€19,333
down €19,333 (-48.0%), from €40,275 to €20,942
- Purchases and services -€436,719
down €436,719 (-76.5%), from €571,054 to €134,335
- Turnover -€221,342
down €221,342 (-36.2%), from €611,110 to €389,768
- Gross operating margin +€25,985
up €25,985 (+30.6%), from €84,791 to €110,776
- Depreciation +€8,173
up €8,173 (+26.2%), from €31,175 to €39,348
- Staff costs +€7,166
up €7,166 (+795%), from €902 to €8,068
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.
Derived cash bridge
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 | €381,714 | €347,975 | -€33,739 | -8.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €196,114 | €166,318 | -€29,796 | -15.2% |
| Tangible fixed assets | 22/27 | €196,036 | €166,239 | -€29,796 | -15.2% |
| Land and buildings | 22 | €60,688 | €51,636 | -€9,052 | -14.9% |
| Plant, machinery and equipment | 23 | €91,107 | €83,223 | -€7,884 | -8.7% |
| Furniture and vehicles | 24 | €44,241 | €31,381 | -€12,860 | -29.1% |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €185,600 | €181,657 | -€3,943 | -2.1% |
| Stocks and contracts in progress | 3 | - | €18,750 | +€18,750 | |
| Stocks | 30/36 | - | €18,750 | +€18,750 | |
| Amounts receivable within one year | 40/41 | €68,073 | €22,586 | -€45,487 | -66.8% |
| Trade receivables | 40 | €43,068 | €9,385 | -€33,683 | -78.2% |
| Other amounts receivable | 41 | €25,005 | €13,200 | -€11,805 | -47.2% |
| Cash at bank and in hand | 54/58 | €117,527 | €140,322 | +€22,795 | +19.4% |
| Total equity and liabilities | 10/49 | €381,714 | €347,975 | -€33,739 | -8.8% |
| Equity | 10/15 | €151,281 | €194,285 | +€43,004 | +28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,821 | €173,825 | +€43,004 | +32.9% |
| Amounts payable | 17/49 | €230,433 | €153,691 | -€76,743 | -33.3% |
| Amounts payable after more than one year | 17 | €40,275 | €20,942 | -€19,333 | -48.0% |
| Financial debts | 170/4 | €40,275 | €20,942 | -€19,333 | -48.0% |
| Amounts payable within one year | 42/48 | €145,388 | €132,749 | -€12,640 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €23,245 | €19,333 | -€3,912 | -16.8% |
| Financial debts | 43 | €25,000 | €12,000 | -€13,000 | -52.0% |
| Credit institutions | 430/8 | €25,000 | €12,000 | -€13,000 | -52.0% |
| Trade debts | 44 | €95,937 | €26,762 | -€69,175 | -72.1% |
| Suppliers | 440/4 | €95,937 | €26,762 | -€69,175 | -72.1% |
| Taxes, remuneration and social security | 45 | €1,206 | €11,831 | +€10,625 | +881% |
| Taxes | 450/3 | €1,206 | €9,164 | +€7,958 | +660% |
| Remuneration and social security | 454/9 | - | €2,667 | +€2,667 | |
| Other amounts payable | 47/48 | - | €62,823 | +€62,823 | |
| Accrued charges and deferred income | 492/3 | €44,770 | - | -€44,770 | |
| Turnover | 70 | €611,110 | €389,768 | -€221,342 | -36.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €571,054 | €134,335 | -€436,719 | -76.5% |
| Remuneration, social security and pensions | 62 | €902 | €8,068 | +€7,166 | +795% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,175 | €39,348 | +€8,173 | +26.2% |
| Other operating charges | 640/8 | €1,706 | €2,182 | +€476 | +27.9% |
| Gross operating margin | 9900 | €84,791 | €110,776 | +€25,985 | +30.6% |
| Operating profit (loss) | 9901 | €51,009 | €61,178 | +€10,170 | +19.9% |
| Financial income | 75/76B | €12 | €661 | +€649 | +5,414% |
| Recurring financial income | 75 | €12 | €661 | +€649 | +5,414% |
| Financial charges | 65/66B | €2,313 | €2,676 | +€363 | +15.7% |
| Recurring financial charges | 65 | €2,313 | €2,676 | +€363 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €48,707 | €59,163 | +€10,456 | +21.5% |
| Income taxes | 67/77 | €12,617 | €16,159 | +€3,542 | +28.1% |
| Profit (loss) for the period | 9904 | €36,090 | €43,004 | +€6,914 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,090 | €43,004 | +€6,914 | +19.2% |
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 13 October 2026 via checked.be.