CONDROZ FRITES: 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.
CONDROZ FRITES
Largest movements
- Cash -€68,778
down €68,778 (-23.4%), from €293,334 to €224,556
mainly Investment in fixed assets (net) (-€49,417) and Receivables within one year (-€44,758)
- Receivables within one year +€44,758
up €44,758 (+4,560%), from €981 to €45,740
of which Trade receivables: +€24,283
- Trade debts -€14,939
down €14,939 (-23.8%), from €62,672 to €47,733
- Tax, wage and social debts -€11,958
down €11,958 (-23.9%), from €50,090 to €38,132
of which Taxes: -€18,313
- Reserves +€10,000
up €10,000 (+2.2%), from €449,580 to €459,580
of which Distributable reserves: +€10,000
- Other debts -€6,200
down €6,200 (-37.2%), from €16,663 to €10,463
- Gross operating margin -€80,274
down €80,274 (-21.0%), from €382,233 to €301,958
- Taxes -€29,896
down €29,896 (-76.3%), from €39,164 to €9,268
- Staff costs +€14,304
up €14,304 (+6.7%), from €212,573 to €226,877
- Depreciation +€9,321
up €9,321 (+24.8%), from €37,617 to €46,938
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 | €593,628 | €576,384 | -€17,243 | -2.9% |
| Fixed assets | 21/28 | €290,742 | €293,221 | +€2,479 | +0.9% |
| Tangible fixed assets | 22/27 | €290,742 | €293,221 | +€2,479 | +0.9% |
| Land and buildings | 22 | €101,042 | €87,936 | -€13,106 | -13.0% |
| Furniture and vehicles | 24 | €189,235 | €205,199 | +€15,964 | +8.4% |
| Other tangible fixed assets | 26 | €465 | €85 | -€380 | -81.7% |
| Current assets | 29/58 | €302,886 | €283,164 | -€19,722 | -6.5% |
| Stocks and contracts in progress | 3 | €8,570 | €12,868 | +€4,298 | +50.1% |
| Stocks | 30/36 | €8,570 | €12,868 | +€4,298 | +50.1% |
| Amounts receivable within one year | 40/41 | €981 | €45,740 | +€44,758 | +4,560% |
| Trade receivables | 40 | €279 | €24,562 | +€24,283 | +8,716% |
| Other amounts receivable | 41 | €703 | €21,178 | +€20,475 | +2,913% |
| Cash at bank and in hand | 54/58 | €293,334 | €224,556 | -€68,778 | -23.4% |
| Total equity and liabilities | 10/49 | €593,628 | €576,384 | -€17,243 | -2.9% |
| Equity | 10/15 | €463,346 | €478,344 | +€14,998 | +3.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €449,580 | €459,580 | +€10,000 | +2.2% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €430,830 | €440,830 | +€10,000 | +2.3% |
| Profit (loss) carried forward | 14 | €9,766 | €14,764 | +€4,998 | +51.2% |
| Amounts payable | 17/49 | €130,282 | €98,041 | -€32,241 | -24.7% |
| Amounts payable within one year | 42/48 | €130,282 | €98,041 | -€32,241 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €856 | €1,713 | +€857 | +100% |
| Trade debts | 44 | €62,672 | €47,733 | -€14,939 | -23.8% |
| Suppliers | 440/4 | €62,672 | €47,733 | -€14,939 | -23.8% |
| Taxes, remuneration and social security | 45 | €50,090 | €38,132 | -€11,958 | -23.9% |
| Taxes | 450/3 | €29,730 | €11,417 | -€18,313 | -61.6% |
| Remuneration and social security | 454/9 | €20,361 | €26,715 | +€6,354 | +31.2% |
| Other amounts payable | 47/48 | €16,663 | €10,463 | -€6,200 | -37.2% |
| Remuneration, social security and pensions | 62 | €212,573 | €226,877 | +€14,304 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,617 | €46,938 | +€9,321 | +24.8% |
| Other operating charges | 640/8 | €2,928 | €2,298 | -€630 | -21.5% |
| Non-recurring operating charges | 66A | €8,160 | - | -€8,160 | |
| Gross operating margin | 9900 | €382,233 | €301,958 | -€80,274 | -21.0% |
| Operating profit (loss) | 9901 | €120,954 | €25,845 | -€95,109 | -78.6% |
| Financial income | 75/76B | €3,086 | €274 | -€2,812 | -91.1% |
| Recurring financial income | 75 | €3,086 | €274 | -€2,812 | -91.1% |
| Financial charges | 65/66B | €2,180 | €1,854 | -€326 | -15.0% |
| Recurring financial charges | 65 | €2,180 | €1,854 | -€326 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €121,860 | €24,266 | -€97,594 | -80.1% |
| Income taxes | 67/77 | €39,164 | €9,268 | -€29,896 | -76.3% |
| Profit (loss) for the period | 9904 | €82,696 | €14,998 | -€67,698 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €82,696 | €14,998 | -€67,698 | -81.9% |
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 15 October 2026 via checked.be.