FROMTO Group: 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.
What changed
FROMTO Group
NACE 64.210, Activities of holding companies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€13.4m
2024 · -€12.1m-€1.3m
Equity
-€3.4m
2024 · €10.0m-€13.4m
Cash
€536,700
2024 · €431,095+€105,605
Balance sheet total
€707,127
2024 · €13.7m-€13.0m
Largest movements
Assets
- Financial fixed assets -€10.8m
down €10.8m (-100.0%), from €10.8m to €1
- Receivables within one year -€1.9m
down €1.9m (-92.9%), from €2.0m to €143,095
of which Other amounts receivable: -€1.4m
- Deferred charges and accrued income -€407,110
no longer reported in 2025 (was €407,110)
Equity and liabilities
- Profit (loss) carried forward -€13.4m
down €13.4m, from €898,360 to -€12.5m
- Other debts +€467,257
up €467,257 (+14.3%), from €3.3m to €3.7m
- Trade debts -€141,506
down €141,506 (-76.4%), from €185,142 to €43,636
Income statement
- Financial charges +€912,242
up €912,242 (+7.3%), from €12.5m to €13.4m
of which Non-recurring financial charges: +€833,353
- Services and other goods -€458,753
down €458,753 (-36.1%), from €1.3m to €811,970
- Write-downs +€368,364
new in 2025: €368,364
- Turnover -€278,518
down €278,518 (-14.8%), from €1.9m to €1.6m
- Financial income -€158,783
down €158,783 (-39.6%), from €401,435 to €242,652
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.
Result 2024
-€12.1m
Turnover
-€278,518
Other operating income
+€10,988
Services and other goods
+€458,753
Staff costs
-€80,442
Depreciation
-€21,739
Write-downs
-€368,364
Other operating charges
+€4,502
Other operating items
+€9,162
Financial income
-€158,783
Financial charges
-€912,242
Taxes
-€744
Result 2025
-€13.4m
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.
From operations
-€10.7m
Investment
+€10.8m
Financing
€0
Cash 2024
€431,095
From operations (derived)
-€10.7m
Net result for the year
-€13.4m
Depreciation
+€26,110
Receivables within one year
+€1.9m
Deferred charges and accrued income
+€407,110
Trade debts
-€141,506
Tax, wage and social debts
+€15,179
Other debts
+€467,257
Accrued charges and deferred income
+€87,445
Investment (derived)
+€10.8m
Investment in fixed assets (net)
+€10.8m
Cash 2025
€536,700
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,707,413 | €707,127 | -€13.0m | -94.8% |
| Fixed assets | 21/28 | €10,843,368 | €27,332 | -€10.8m | -99.7% |
| Tangible fixed assets | 22/27 | €34,548 | €27,331 | -€7,217 | -20.9% |
| Furniture and vehicles | 24 | €34,548 | €27,331 | -€7,217 | -20.9% |
| Financial fixed assets | 28 | €10,808,821 | €1 | -€10.8m | -100.0% |
| Affiliated companies | 280/1 | €10,808,821 | €1 | -€10.8m | -100.0% |
| Participating interests | 280 | €2,993,821 | - | -€3.0m | |
| Amounts receivable | 281 | €7,815,000 | €1 | -€7.8m | -100.0% |
| Current assets | 29/58 | €2,864,045 | €679,795 | -€2.2m | -76.3% |
| Amounts receivable within one year | 40/41 | €2,025,840 | €143,095 | -€1.9m | -92.9% |
| Trade receivables | 40 | €485,417 | - | -€485,417 | |
| Other amounts receivable | 41 | €1,540,423 | €143,095 | -€1.4m | -90.7% |
| Cash at bank and in hand | 54/58 | €431,095 | €536,700 | +€105,605 | +24.5% |
| Deferred charges and accrued income | 490/1 | €407,110 | - | -€407,110 | |
| Total equity and liabilities | 10/49 | €13,707,413 | €707,127 | -€13.0m | -94.8% |
| Equity | 10/15 | €10,030,768 | -€3,397,894 | -€13.4m | |
| Contributions | 10/11 | €8,744,200 | €8,744,200 | = | 0.0% |
| Capital | 10 | €8,744,200 | €8,744,200 | = | 0.0% |
| Issued capital | 100 | €8,744,200 | €8,744,200 | = | 0.0% |
| Reserves | 13 | €388,208 | €388,208 | = | 0.0% |
| Non-distributable reserves | 130/1 | €388,208 | €388,208 | = | 0.0% |
| Legal reserve | 130 | €388,208 | €388,208 | = | 0.0% |
| Profit (loss) carried forward | 14 | €898,360 | -€12,530,302 | -€13.4m | |
| Amounts payable | 17/49 | €3,676,645 | €4,105,020 | +€428,375 | +11.7% |
| Amounts payable within one year | 42/48 | €3,561,656 | €3,902,586 | +€340,930 | +9.6% |
| Trade debts | 44 | €185,142 | €43,636 | -€141,506 | -76.4% |
| Suppliers | 440/4 | €185,142 | €43,636 | -€141,506 | -76.4% |
| Taxes, remuneration and social security | 45 | €119,777 | €134,956 | +€15,179 | +12.7% |
| Taxes | 450/3 | €13,330 | €26,525 | +€13,195 | +99.0% |
| Remuneration and social security | 454/9 | €106,447 | €108,431 | +€1,984 | +1.9% |
| Other amounts payable | 47/48 | €3,256,737 | €3,723,994 | +€467,257 | +14.3% |
| Accrued charges and deferred income | 492/3 | €114,989 | €202,434 | +€87,445 | +76.0% |
| Operating income | 70/76A | €1,897,662 | €1,639,294 | -€258,368 | -13.6% |
| Turnover | 70 | €1,882,959 | €1,604,441 | -€278,518 | -14.8% |
| Other operating income | 74 | €14,703 | €25,692 | +€10,988 | +74.7% |
| Non-recurring operating income | 76A | - | €9,162 | +€9,162 | |
| Operating charges | 60/66A | €1,915,555 | €1,922,845 | +€7,290 | +0.4% |
| Services and other goods | 61 | €1,270,723 | €811,970 | -€458,753 | -36.1% |
| Remuneration, social security and pensions | 62 | €633,874 | €714,316 | +€80,442 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,371 | €26,110 | +€21,739 | +497.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €368,364 | +€368,364 | |
| Other operating charges | 640/8 | €6,587 | €2,085 | -€4,502 | -68.4% |
| Operating profit (loss) | 9901 | -€17,893 | -€283,551 | -€265,658 | -1484.7% |
| Financial income | 75/76B | €401,435 | €242,652 | -€158,783 | -39.6% |
| Recurring financial income | 75 | €401,435 | €242,652 | -€158,783 | -39.6% |
| Income from financial fixed assets | 750 | €363,380 | €242,652 | -€120,728 | -33.2% |
| Income from current assets | 751 | €38,056 | - | -€38,056 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €12,474,776 | €13,387,019 | +€912,242 | +7.3% |
| Recurring financial charges | 65 | €129,181 | €208,071 | +€78,890 | +61.1% |
| Debt charges | 650 | €116,232 | €207,383 | +€91,152 | +78.4% |
| Other financial charges | 652/9 | €12,950 | €688 | -€12,262 | -94.7% |
| Non-recurring financial charges | 66B | €12,345,595 | €13,178,947 | +€833,353 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,091,234 | -€13,427,918 | -€1.3m | -11.1% |
| Income taxes | 67/77 | - | €744 | +€744 | |
| Taxes | 670/3 | - | €744 | +€744 | |
| Profit (loss) for the period | 9904 | -€12,091,234 | -€13,428,662 | -€1.3m | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,091,234 | -€13,428,662 | -€1.3m | -11.1% |
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 10 October 2026 via checked.be.