ALLFROST: 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.
ALLFROST
Largest movements
- Receivables within one year +€410,993
up €410,993 (+392.2%), from €104,781 to €515,773
of which Other amounts receivable: +€336,486
- Cash -€316,362
down €316,362 (-60.1%), from €526,667 to €210,304
mainly Receivables within one year (-€410,993) and Tax, wage and social debts (-€24,415)
- Tangible fixed assets -€83,501
down €83,501 (-18.8%), from €444,918 to €361,417
of which Plant, machinery and equipment: -€50,107
- Trade debts +€29,146
up €29,146 (+27.8%), from €104,725 to €133,871
- Tax, wage and social debts -€24,415
down €24,415 (-18.1%), from €134,678 to €110,263
of which Remuneration and social security: -€13,540
- Gross operating margin -€83,966
down €83,966 (-14.5%), from €579,837 to €495,870
- Staff costs -€36,017
down €36,017 (-8.8%), from €407,525 to €371,509
- Taxes -€10,410
down €10,410 (-86.8%), from €11,999 to €1,590
- Financial charges -€8,667
down €8,667 (-93.4%), from €9,284 to €617
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 | €1,096,270 | €1,103,322 | +€7,052 | +0.6% |
| Fixed assets | 21/28 | €444,918 | €361,417 | -€83,501 | -18.8% |
| Tangible fixed assets | 22/27 | €444,918 | €361,417 | -€83,501 | -18.8% |
| Land and buildings | 22 | €331,678 | €300,520 | -€31,158 | -9.4% |
| Plant, machinery and equipment | 23 | €106,023 | €55,916 | -€50,107 | -47.3% |
| Furniture and vehicles | 24 | €7,217 | €4,981 | -€2,236 | -31.0% |
| Current assets | 29/58 | €651,352 | €741,905 | +€90,553 | +13.9% |
| Amounts receivable within one year | 40/41 | €104,781 | €515,773 | +€410,993 | +392.2% |
| Trade receivables | 40 | €12,644 | €87,151 | +€74,507 | +589.3% |
| Other amounts receivable | 41 | €92,137 | €428,623 | +€336,486 | +365.2% |
| Cash at bank and in hand | 54/58 | €526,667 | €210,304 | -€316,362 | -60.1% |
| Deferred charges and accrued income | 490/1 | €19,904 | €15,827 | -€4,077 | -20.5% |
| Total equity and liabilities | 10/49 | €1,096,270 | €1,103,322 | +€7,052 | +0.6% |
| Equity | 10/15 | €852,831 | €856,135 | +€3,304 | +0.4% |
| Contributions | 10/11 | €517,500 | €517,500 | = | 0.0% |
| Capital | 10 | €517,500 | €517,500 | = | 0.0% |
| Issued capital | 100 | €517,500 | €517,500 | = | 0.0% |
| Reserves | 13 | €190,288 | €187,458 | -€2,830 | -1.5% |
| Non-distributable reserves | 130/1 | €52,306 | €52,306 | = | 0.0% |
| Legal reserve | 130 | €52,306 | €52,306 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,983 | €10,152 | -€2,830 | -21.8% |
| Distributable reserves | 133 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,043 | €151,178 | +€6,135 | +4.2% |
| Provisions and deferred taxes | 16 | €3,997 | €3,053 | -€944 | -23.6% |
| Deferred taxes | 168 | €3,997 | €3,053 | -€944 | -23.6% |
| Amounts payable | 17/49 | €239,442 | €244,133 | +€4,692 | +2.0% |
| Amounts payable within one year | 42/48 | €239,403 | €244,133 | +€4,731 | +2.0% |
| Trade debts | 44 | €104,725 | €133,871 | +€29,146 | +27.8% |
| Suppliers | 440/4 | €104,725 | €133,871 | +€29,146 | +27.8% |
| Taxes, remuneration and social security | 45 | €134,678 | €110,263 | -€24,415 | -18.1% |
| Taxes | 450/3 | €68,264 | €57,389 | -€10,876 | -15.9% |
| Remuneration and social security | 454/9 | €66,414 | €52,874 | -€13,540 | -20.4% |
| Accrued charges and deferred income | 492/3 | €39 | - | -€39 | |
| Remuneration, social security and pensions | 62 | €407,525 | €371,509 | -€36,017 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,331 | €83,501 | +€1,170 | +1.4% |
| Other operating charges | 640/8 | €39,420 | €40,576 | +€1,156 | +2.9% |
| Gross operating margin | 9900 | €579,837 | €495,870 | -€83,966 | -14.5% |
| Operating profit (loss) | 9901 | €50,561 | €285 | -€50,276 | -99.4% |
| Financial income | 75/76B | - | €4,282 | +€4,282 | |
| Recurring financial income | 75 | - | €4,282 | +€4,282 | |
| Financial charges | 65/66B | €9,284 | €617 | -€8,667 | -93.4% |
| Recurring financial charges | 65 | €9,284 | €617 | -€8,667 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €41,277 | €3,950 | -€37,327 | -90.4% |
| Transfer from deferred taxes | 780 | €944 | €944 | = | 0.0% |
| Income taxes | 67/77 | €11,999 | €1,590 | -€10,410 | -86.8% |
| Profit (loss) for the period | 9904 | €30,221 | €3,304 | -€26,917 | -89.1% |
| Transfer from tax-exempt reserves | 789 | €2,830 | €2,830 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,052 | €6,135 | -€26,917 | -81.4% |
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 3 October 2026 via checked.be.