FROMAJ LOGISTIC: 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.
FROMAJ LOGISTIC
Largest movements
- Receivables within one year -€29,070
down €29,070 (-26.6%), from €109,278 to €80,208
- Tangible fixed assets +€4,405
up €4,405 (+39.0%), from €11,295 to €15,700
- Financial fixed assets -€3,000
down €3,000 (-93.8%), from €3,200 to €200
- Deferred charges and accrued income -€2,279
down €2,279 (-54.3%), from €4,198 to €1,918
- Cash -€1,927
down €1,927 (-14.0%), from €13,797 to €11,870
mainly Net result for the year (-€34,498) and Tax, wage and social debts (-€9,012)
- Profit (loss) carried forward -€34,498
down €34,498, from €17,256 to -€17,242
- Tax, wage and social debts -€9,012
down €9,012 (-12.5%), from €72,275 to €63,263
of which Remuneration and social security: -€5,024
- Trade debts +€7,427
up €7,427 (+31.7%), from €23,446 to €30,872
- Other debts +€2,346
up €2,346 (+64.0%), from €3,664 to €6,010
- Gross operating margin -€192,081
down €192,081 (-43.7%), from €439,681 to €247,600
- Staff costs -€133,957
down €133,957 (-33.2%), from €403,872 to €269,914
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 | €141,768 | €109,897 | -€31,871 | -22.5% |
| Fixed assets | 21/28 | €14,495 | €15,900 | +€1,405 | +9.7% |
| Tangible fixed assets | 22/27 | €11,295 | €15,700 | +€4,405 | +39.0% |
| Furniture and vehicles | 24 | €11,295 | €15,700 | +€4,405 | +39.0% |
| Financial fixed assets | 28 | €3,200 | €200 | -€3,000 | -93.8% |
| Current assets | 29/58 | €127,273 | €93,997 | -€33,276 | -26.1% |
| Amounts receivable within one year | 40/41 | €109,278 | €80,208 | -€29,070 | -26.6% |
| Trade receivables | 40 | €109,278 | €80,208 | -€29,070 | -26.6% |
| Cash at bank and in hand | 54/58 | €13,797 | €11,870 | -€1,927 | -14.0% |
| Deferred charges and accrued income | 490/1 | €4,198 | €1,918 | -€2,279 | -54.3% |
| Total equity and liabilities | 10/49 | €141,768 | €109,897 | -€31,871 | -22.5% |
| Equity | 10/15 | €37,716 | €3,218 | -€34,498 | -91.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,256 | -€17,242 | -€34,498 | |
| Amounts payable | 17/49 | €104,052 | €106,679 | +€2,627 | +2.5% |
| Amounts payable within one year | 42/48 | €104,052 | €106,400 | +€2,348 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €4,667 | €5,333 | +€667 | +14.3% |
| Trade debts | 44 | €23,446 | €30,872 | +€7,427 | +31.7% |
| Suppliers | 440/4 | €23,446 | €30,872 | +€7,427 | +31.7% |
| Advances received on contracts in progress | 46 | - | €921 | +€921 | |
| Taxes, remuneration and social security | 45 | €72,275 | €63,263 | -€9,012 | -12.5% |
| Taxes | 450/3 | €27,698 | €23,711 | -€3,988 | -14.4% |
| Remuneration and social security | 454/9 | €44,577 | €39,552 | -€5,024 | -11.3% |
| Other amounts payable | 47/48 | €3,664 | €6,010 | +€2,346 | +64.0% |
| Accrued charges and deferred income | 492/3 | - | €279 | +€279 | |
| Non-recurring operating income | 76A | - | €1,751 | +€1,751 | |
| Remuneration, social security and pensions | 62 | €403,872 | €269,914 | -€133,957 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,737 | €4,279 | -€2,458 | -36.5% |
| Other operating charges | 640/8 | €4,675 | €4,361 | -€314 | -6.7% |
| Non-recurring operating charges | 66A | €3,850 | - | -€3,850 | |
| Gross operating margin | 9900 | €439,681 | €247,600 | -€192,081 | -43.7% |
| Operating profit (loss) | 9901 | €20,548 | -€30,954 | -€51,502 | |
| Financial income | 75/76B | €4 | €0 | -€4 | -96.2% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -96.2% |
| Financial charges | 65/66B | €5,184 | €3,380 | -€1,804 | -34.8% |
| Recurring financial charges | 65 | €5,184 | €3,380 | -€1,804 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €15,368 | -€34,333 | -€49,701 | |
| Income taxes | 67/77 | €3,309 | €165 | -€3,144 | -95.0% |
| Profit (loss) for the period | 9904 | €12,059 | -€34,498 | -€46,557 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,059 | -€34,498 | -€46,557 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.