BETON FRAGAPANE: 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.
BETON FRAGAPANE
Largest movements
- Cash -€81,803
down €81,803 (-27.9%), from €293,033 to €211,231
mainly Net result for the year (-€89,490) and Trade debts (-€31,462)
- Receivables within one year -€32,057
down €32,057 (-13.1%), from €245,485 to €213,429
of which Trade receivables: -€23,014
- Stocks and contracts -€27,506
down €27,506 (-18.9%), from €145,769 to €118,263
- Tangible fixed assets -€26,328
down €26,328 (-4.7%), from €556,095 to €529,767
of which Land and buildings: -€34,237
- Profit (loss) carried forward -€89,490
down €89,490 (-27.1%), from €330,611 to €241,121
- Trade debts -€31,462
down €31,462 (-14.6%), from €215,785 to €184,323
- Other debts -€26,123
down €26,123 (-42.2%), from €61,894 to €35,771
- Investment grants -€25,344
no longer reported in 2025 (was €25,344)
- Staff costs +€62,126
up €62,126 (+19.8%), from €313,479 to €375,605
- Gross operating margin +€22,775
up €22,775 (+7.1%), from €322,404 to €345,179
- Financial income +€20,730
up €20,730 (+338%), from €6,132 to €26,862
- Financial charges -€16,192
down €16,192 (-35.0%), from €46,248 to €30,056
of which Non-recurring financial charges: -€13,219
- Depreciation +€6,544
up €6,544 (+13.9%), from €47,245 to €53,789
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 | €1,245,886 | €1,074,416 | -€171,471 | -13.8% |
| Fixed assets | 21/28 | €558,087 | €531,493 | -€26,594 | -4.8% |
| Intangible fixed assets | 21 | €266 | - | -€266 | |
| Tangible fixed assets | 22/27 | €556,095 | €529,767 | -€26,328 | -4.7% |
| Land and buildings | 22 | €498,494 | €464,257 | -€34,237 | -6.9% |
| Plant, machinery and equipment | 23 | €34,395 | €51,366 | +€16,971 | +49.3% |
| Furniture and vehicles | 24 | €21,866 | €13,475 | -€8,392 | -38.4% |
| Other tangible fixed assets | 26 | €1,340 | €670 | -€670 | -50.0% |
| Financial fixed assets | 28 | €1,726 | €1,726 | = | 0.0% |
| Current assets | 29/58 | €687,799 | €542,923 | -€144,877 | -21.1% |
| Stocks and contracts in progress | 3 | €145,769 | €118,263 | -€27,506 | -18.9% |
| Stocks | 30/36 | €145,769 | €118,263 | -€27,506 | -18.9% |
| Amounts receivable within one year | 40/41 | €245,485 | €213,429 | -€32,057 | -13.1% |
| Trade receivables | 40 | €230,844 | €207,831 | -€23,014 | -10.0% |
| Other amounts receivable | 41 | €14,641 | €5,598 | -€9,043 | -61.8% |
| Cash at bank and in hand | 54/58 | €293,033 | €211,231 | -€81,803 | -27.9% |
| Deferred charges and accrued income | 490/1 | €3,511 | - | -€3,511 | |
| Total equity and liabilities | 10/49 | €1,245,886 | €1,074,416 | -€171,471 | -13.8% |
| Equity | 10/15 | €547,350 | €432,516 | -€114,834 | -21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €172,795 | €172,795 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €170,935 | €170,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | €330,611 | €241,121 | -€89,490 | -27.1% |
| Investment grants | 15 | €25,344 | - | -€25,344 | |
| Amounts payable | 17/49 | €698,536 | €641,899 | -€56,637 | -8.1% |
| Amounts payable after more than one year | 17 | €318,151 | €309,462 | -€8,689 | -2.7% |
| Financial debts | 170/4 | €318,151 | €309,462 | -€8,689 | -2.7% |
| Amounts payable within one year | 42/48 | €380,385 | €332,437 | -€47,947 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €35,717 | €44,537 | +€8,820 | +24.7% |
| Trade debts | 44 | €215,785 | €184,323 | -€31,462 | -14.6% |
| Suppliers | 440/4 | €215,785 | €184,323 | -€31,462 | -14.6% |
| Advances received on contracts in progress | 46 | €17,440 | €16,517 | -€922 | -5.3% |
| Taxes, remuneration and social security | 45 | €49,549 | €51,289 | +€1,740 | +3.5% |
| Taxes | 450/3 | €14,082 | €6,869 | -€7,212 | -51.2% |
| Remuneration and social security | 454/9 | €35,467 | €44,419 | +€8,952 | +25.2% |
| Other amounts payable | 47/48 | €61,894 | €35,771 | -€26,123 | -42.2% |
| Remuneration, social security and pensions | 62 | €313,479 | €375,605 | +€62,126 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,245 | €53,789 | +€6,544 | +13.9% |
| Other operating charges | 640/8 | €2,942 | €2,324 | -€618 | -21.0% |
| Gross operating margin | 9900 | €322,404 | €345,179 | +€22,775 | +7.1% |
| Operating profit (loss) | 9901 | -€41,262 | -€86,538 | -€45,276 | -110% |
| Financial income | 75/76B | €6,132 | €26,862 | +€20,730 | +338% |
| Recurring financial income | 75 | €6,132 | €26,862 | +€20,730 | +338% |
| Financial charges | 65/66B | €46,248 | €30,056 | -€16,192 | -35.0% |
| Recurring financial charges | 65 | €26,042 | €23,070 | -€2,973 | -11.4% |
| Non-recurring financial charges | 66B | €20,206 | €6,987 | -€13,219 | -65.4% |
| Profit (loss) for the period before taxes | 9903 | -€81,377 | -€89,733 | -€8,355 | -10.3% |
| Income taxes | 67/77 | €243 | -€243 | -€485 | |
| Profit (loss) for the period | 9904 | -€81,620 | -€89,490 | -€7,870 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,620 | -€89,490 | -€7,870 | -9.6% |
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 29 October 2026 via checked.be.