DFROG: 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.
DFROG
Largest movements
- Current investments +€95,110
up €95,110 (+172.9%), from €55,000 to €150,110
- Tangible fixed assets -€5,916
down €5,916 (-2.8%), from €210,398 to €204,481
of which Land and buildings: -€6,909
- Other debts +€184,905
new in 2026: €184,905
- Reserves -€124,905
no longer reported in 2026 (was €124,905)
- Tax, wage and social debts +€16,236
new in 2026: €16,236
of which Taxes: +€15,236
- Profit (loss) carried forward +€13,134
new in 2026: €13,134
- Gross operating margin +€15,377
up €15,377 (+16.3%), from €94,586 to €109,963
- Taxes +€2,879
up €2,879 (+18.1%), from €15,906 to €18,785
- Financial charges +€1,127
up €1,127 (+17.8%), from €6,336 to €7,463
- Depreciation +€1,101
up €1,101 (+13.5%), from €8,163 to €9,264
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €287,207 | €376,944 | +€89,737 | +31.2% |
| Fixed assets | 21/28 | €210,467 | €204,551 | -€5,916 | -2.8% |
| Tangible fixed assets | 22/27 | €210,398 | €204,481 | -€5,916 | -2.8% |
| Land and buildings | 22 | €207,923 | €201,014 | -€6,909 | -3.3% |
| Furniture and vehicles | 24 | €2,475 | €3,467 | +€992 | +40.1% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €76,740 | €172,393 | +€95,653 | +124.6% |
| Amounts receivable within one year | 40/41 | €18,908 | €16,485 | -€2,423 | -12.8% |
| Trade receivables | 40 | €16,810 | €15,246 | -€1,564 | -9.3% |
| Other amounts receivable | 41 | €2,099 | €1,239 | -€859 | -40.9% |
| Current investments | 50/53 | €55,000 | €150,110 | +€95,110 | +172.9% |
| Cash at bank and in hand | 54/58 | €2,442 | €5,135 | +€2,693 | +110.3% |
| Deferred charges and accrued income | 490/1 | €389 | €662 | +€273 | +70.0% |
| Total equity and liabilities | 10/49 | €287,207 | €376,944 | +€89,737 | +31.2% |
| Equity | 10/15 | €131,105 | €19,334 | -€111,771 | -85.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €124,905 | - | -€124,905 | |
| Distributable reserves | 133 | €124,905 | - | -€124,905 | |
| Profit (loss) carried forward | 14 | - | €13,134 | +€13,134 | |
| Amounts payable | 17/49 | €156,102 | €357,610 | +€201,508 | +129.1% |
| Amounts payable after more than one year | 17 | €153,000 | €153,000 | = | 0.0% |
| Financial debts | 170/4 | €153,000 | €153,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,102 | €204,610 | +€201,508 | +6496.3% |
| Trade debts | 44 | €3,102 | €3,469 | +€368 | +11.8% |
| Suppliers | 440/4 | €3,102 | €3,469 | +€368 | +11.8% |
| Taxes, remuneration and social security | 45 | - | €16,236 | +€16,236 | |
| Taxes | 450/3 | - | €15,236 | +€15,236 | |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | - | €184,905 | +€184,905 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,163 | €9,264 | +€1,101 | +13.5% |
| Other operating charges | 640/8 | €1,716 | €1,882 | +€166 | +9.7% |
| Gross operating margin | 9900 | €94,586 | €109,963 | +€15,377 | +16.3% |
| Operating profit (loss) | 9901 | €84,707 | €98,817 | +€14,110 | +16.7% |
| Financial income | 75/76B | €268 | €564 | +€296 | +110.5% |
| Recurring financial income | 75 | €268 | €564 | +€296 | +110.5% |
| Financial charges | 65/66B | €6,336 | €7,463 | +€1,127 | +17.8% |
| Recurring financial charges | 65 | €6,336 | €7,463 | +€1,127 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €78,639 | €91,919 | +€13,280 | +16.9% |
| Income taxes | 67/77 | €15,906 | €18,785 | +€2,879 | +18.1% |
| Profit (loss) for the period | 9904 | €62,733 | €73,134 | +€10,400 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €62,733 | €73,134 | +€10,400 | +16.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.