DE FRIETOTTO: what changed
DE FRIETOTTO
Largest movements
- Cash +€44,061
up €44,061 (+60.6%), from €72,678 to €116,739
mainly Net result for the year (+€46,289) and Receivables within one year (+€17,706)
- Receivables within one year -€17,706
down €17,706 (-85.8%), from €20,631 to €2,925
of which Trade receivables: -€17,697
- Tangible fixed assets +€5,259
up €5,259 (+15.0%), from €35,104 to €40,363
of which Other tangible fixed assets: +€6,514
- Reserves +€96,676
new in 2025: €96,676
- Profit (loss) carried forward -€50,387
no longer reported in 2025 (was €50,387)
- Other debts -€23,287
down €23,287 (-48.7%), from €47,859 to €24,572
- Tax, wage and social debts +€15,891
up €15,891 (+110%), from €14,512 to €30,402
- Trade debts -€6,104
down €6,104 (-99.1%), from €6,161 to €57
- Depreciation +€5,897
up €5,897 (+120%), from €4,896 to €10,793
- Gross operating margin +€4,454
up €4,454 (+6.4%), from €69,513 to €73,966
- Taxes +€2,533
up €2,533 (+19.0%), from €13,312 to €15,845
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,919 | €161,707 | +€32,788 | +25.4% |
| Fixed assets | 21/28 | €35,104 | €40,363 | +€5,259 | +15.0% |
| Tangible fixed assets | 22/27 | €35,104 | €40,363 | +€5,259 | +15.0% |
| Plant, machinery and equipment | 23 | €5,392 | €7,648 | +€2,257 | +41.9% |
| Furniture and vehicles | 24 | €29,712 | €26,200 | -€3,512 | -11.8% |
| Other tangible fixed assets | 26 | - | €6,514 | +€6,514 | |
| Current assets | 29/58 | €93,815 | €121,344 | +€27,529 | +29.3% |
| Amounts receivable within one year | 40/41 | €20,631 | €2,925 | -€17,706 | -85.8% |
| Trade receivables | 40 | €20,623 | €2,925 | -€17,697 | -85.8% |
| Other amounts receivable | 41 | €8 | - | -€8 | |
| Cash at bank and in hand | 54/58 | €72,678 | €116,739 | +€44,061 | +60.6% |
| Deferred charges and accrued income | 490/1 | €506 | €1,680 | +€1,174 | +232% |
| Total equity and liabilities | 10/49 | €128,919 | €161,707 | +€32,788 | +25.4% |
| Equity | 10/15 | €60,387 | €106,676 | +€46,289 | +76.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €96,676 | +€96,676 | |
| Distributable reserves | 133 | - | €96,676 | +€96,676 | |
| Profit (loss) carried forward | 14 | €50,387 | - | -€50,387 | |
| Amounts payable | 17/49 | €68,532 | €55,031 | -€13,501 | -19.7% |
| Amounts payable within one year | 42/48 | €68,532 | €55,031 | -€13,501 | -19.7% |
| Trade debts | 44 | €6,161 | €57 | -€6,104 | -99.1% |
| Suppliers | 440/4 | €6,161 | €57 | -€6,104 | -99.1% |
| Taxes, remuneration and social security | 45 | €14,512 | €30,402 | +€15,891 | +110% |
| Taxes | 450/3 | €14,512 | €30,402 | +€15,891 | +110% |
| Other amounts payable | 47/48 | €47,859 | €24,572 | -€23,287 | -48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,896 | €10,793 | +€5,897 | +120% |
| Other operating charges | 640/8 | €825 | €934 | +€108 | +13.1% |
| Gross operating margin | 9900 | €69,513 | €73,966 | +€4,454 | +6.4% |
| Operating profit (loss) | 9901 | €63,791 | €62,240 | -€1,552 | -2.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -97.4% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -97.4% |
| Financial charges | 65/66B | €95 | €106 | +€11 | +11.4% |
| Recurring financial charges | 65 | €95 | €106 | +€11 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €63,699 | €62,134 | -€1,565 | -2.5% |
| Income taxes | 67/77 | €13,312 | €15,845 | +€2,533 | +19.0% |
| Profit (loss) for the period | 9904 | €50,387 | €46,289 | -€4,099 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,387 | €46,289 | -€4,099 | -8.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.