DISTRICT FRIPIERS: 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.
DISTRICT FRIPIERS
Largest movements
- Stocks and contracts +€86,377
up €86,377 (+95.5%), from €90,407 to €176,784
- Tangible fixed assets +€28,737
up €28,737 (+16.1%), from €178,048 to €206,785
of which Furniture and vehicles: +€37,618
- Cash +€22,913
up €22,913 (+283%), from €8,108 to €31,021
mainly Debts after one year (+€83,858) and Trade debts (+€34,152)
- Receivables within one year +€7,436
up €7,436 (+1,291%), from €576 to €8,012
of which Trade receivables: +€4,500
- Debts after one year +€83,858
up €83,858 (+54.4%), from €154,174 to €238,033
- Trade debts +€34,152
up €34,152 (+181%), from €18,914 to €53,066
- Current portion of long-term debt +€27,522
up €27,522 (+241%), from €11,403 to €38,924
- Tax, wage and social debts +€5,429
up €5,429 (+22.7%), from €23,873 to €29,302
of which Taxes: +€3,877
- Gross operating margin +€16,605
up €16,605 (+20.3%), from €81,734 to €98,339
- Staff costs +€10,329
up €10,329 (+18.1%), from €57,024 to €67,353
- Depreciation +€6,268
up €6,268 (+54.5%), from €11,497 to €17,765
- Financial charges +€3,324
up €3,324 (+40.6%), from €8,187 to €11,512
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 | €290,687 | €437,420 | +€146,733 | +50.5% |
| Formation expenses | 20 | €12,646 | €10,314 | -€2,332 | -18.4% |
| Fixed assets | 21/28 | €178,223 | €206,960 | +€28,737 | +16.1% |
| Tangible fixed assets | 22/27 | €178,048 | €206,785 | +€28,737 | +16.1% |
| Land and buildings | 22 | €144,838 | €140,060 | -€4,778 | -3.3% |
| Furniture and vehicles | 24 | €108 | €37,726 | +€37,618 | +34,961% |
| Other tangible fixed assets | 26 | €33,102 | €28,999 | -€4,104 | -12.4% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €99,818 | €220,146 | +€120,329 | +121% |
| Stocks and contracts in progress | 3 | €90,407 | €176,784 | +€86,377 | +95.5% |
| Stocks | 30/36 | €90,407 | €176,784 | +€86,377 | +95.5% |
| Amounts receivable within one year | 40/41 | €576 | €8,012 | +€7,436 | +1,291% |
| Trade receivables | 40 | - | €4,500 | +€4,500 | |
| Other amounts receivable | 41 | €576 | €3,512 | +€2,936 | +510% |
| Cash at bank and in hand | 54/58 | €8,108 | €31,021 | +€22,913 | +283% |
| Deferred charges and accrued income | 490/1 | €727 | €4,329 | +€3,603 | +496% |
| Total equity and liabilities | 10/49 | €290,687 | €437,420 | +€146,733 | +50.5% |
| Equity | 10/15 | €54,144 | €51,445 | -€2,700 | -5.0% |
| Contributions | 10/11 | €25,300 | €25,300 | = | 0.0% |
| Reserves | 13 | €3,487 | €3,487 | = | 0.0% |
| Distributable reserves | 133 | €3,487 | €3,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,357 | €22,658 | -€2,700 | -10.6% |
| Amounts payable | 17/49 | €236,543 | €385,975 | +€149,433 | +63.2% |
| Amounts payable after more than one year | 17 | €154,174 | €238,033 | +€83,858 | +54.4% |
| Financial debts | 170/4 | €154,174 | €238,033 | +€83,858 | +54.4% |
| Amounts payable within one year | 42/48 | €81,168 | €147,943 | +€66,775 | +82.3% |
| Current portion of amounts payable after more than one year | 42 | €11,403 | €38,924 | +€27,522 | +241% |
| Trade debts | 44 | €18,914 | €53,066 | +€34,152 | +181% |
| Suppliers | 440/4 | €18,914 | €53,066 | +€34,152 | +181% |
| Taxes, remuneration and social security | 45 | €23,873 | €29,302 | +€5,429 | +22.7% |
| Taxes | 450/3 | €17,615 | €21,492 | +€3,877 | +22.0% |
| Remuneration and social security | 454/9 | €6,258 | €7,810 | +€1,552 | +24.8% |
| Other amounts payable | 47/48 | €26,979 | €26,650 | -€328 | -1.2% |
| Accrued charges and deferred income | 492/3 | €1,200 | - | -€1,200 | |
| Remuneration, social security and pensions | 62 | €57,024 | €67,353 | +€10,329 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,497 | €17,765 | +€6,268 | +54.5% |
| Other operating charges | 640/8 | €5,988 | €5,188 | -€799 | -13.3% |
| Gross operating margin | 9900 | €81,734 | €98,339 | +€16,605 | +20.3% |
| Operating profit (loss) | 9901 | €7,225 | €8,033 | +€808 | +11.2% |
| Financial income | 75/76B | €407 | €956 | +€548 | +135% |
| Recurring financial income | 75 | €407 | €956 | +€548 | +135% |
| Financial charges | 65/66B | €8,187 | €11,512 | +€3,324 | +40.6% |
| Recurring financial charges | 65 | €8,187 | €11,512 | +€3,324 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | -€555 | -€2,523 | -€1,968 | -355% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€729 | -€2,700 | -€1,970 | -270% |
| Profit (loss) for the period to be appropriated | 9905 | -€729 | -€2,700 | -€1,970 | -270% |
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 28 October 2026 via checked.be.