Eurofriet: 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.
Eurofriet
Largest movements
- Tangible fixed assets +€19,078
up €19,078 (+5.1%), from €373,662 to €392,741
of which Plant, machinery and equipment: +€50,042
- Receivables within one year -€18,806
down €18,806 (-67.1%), from €28,021 to €9,214
of which Trade receivables: -€16,396
- Intangible fixed assets -€17,000
down €17,000 (-30.7%), from €55,285 to €38,285
- Cash -€13,018
down €13,018 (-22.9%), from €56,886 to €43,868
mainly Investment in fixed assets (net) (-€102,494) and Advances received (-€20,577)
- Advances received -€20,577
down €20,577 (-100%), from €20,577 to €0
- Current portion of long-term debt +€10,957
up €10,957 (+21.7%), from €50,416 to €61,372
- Debts after one year -€7,150
down €7,150 (-3.6%), from €201,074 to €193,924
- Trade debts -€6,406
down €6,406 (-24.1%), from €26,567 to €20,161
- Other debts -€6,036
down €6,036 (-5.8%), from €104,856 to €98,820
- Gross operating margin +€30,447
up €30,447 (+17.1%), from €178,166 to €208,613
- Depreciation +€18,564
up €18,564 (+22.7%), from €81,851 to €100,415
- Staff costs +€17,822
up €17,822 (+25.1%), from €71,097 to €88,919
- Financial income +€7,642
up €7,642 (+1,581%), from €483 to €8,126
of which Non-recurring financial income: +€8,115
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 | €527,463 | €497,928 | -€29,535 | -5.6% |
| Fixed assets | 21/28 | €428,947 | €431,026 | +€2,078 | +0.5% |
| Intangible fixed assets | 21 | €55,285 | €38,285 | -€17,000 | -30.7% |
| Tangible fixed assets | 22/27 | €373,662 | €392,741 | +€19,078 | +5.1% |
| Land and buildings | 22 | €13,956 | €7,109 | -€6,847 | -49.1% |
| Plant, machinery and equipment | 23 | €210,872 | €260,915 | +€50,042 | +23.7% |
| Furniture and vehicles | 24 | €21,905 | €12,812 | -€9,093 | -41.5% |
| Other tangible fixed assets | 26 | €126,929 | €111,905 | -€15,024 | -11.8% |
| Current assets | 29/58 | €98,516 | €66,902 | -€31,613 | -32.1% |
| Stocks and contracts in progress | 3 | €13,609 | €13,820 | +€211 | +1.5% |
| Stocks | 30/36 | €13,609 | €13,820 | +€211 | +1.5% |
| Amounts receivable within one year | 40/41 | €28,021 | €9,214 | -€18,806 | -67.1% |
| Trade receivables | 40 | €25,611 | €9,214 | -€16,396 | -64.0% |
| Other amounts receivable | 41 | €2,410 | €0 | -€2,410 | -100% |
| Cash at bank and in hand | 54/58 | €56,886 | €43,868 | -€13,018 | -22.9% |
| Total equity and liabilities | 10/49 | €527,463 | €497,928 | -€29,535 | -5.6% |
| Equity | 10/15 | €109,584 | €110,176 | +€591 | +0.5% |
| Contributions | 10/11 | €20,604 | €20,604 | = | 0.0% |
| Reserves | 13 | €88,981 | €89,572 | +€591 | +0.7% |
| Distributable reserves | 133 | €88,981 | €89,572 | +€591 | +0.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €417,879 | €387,753 | -€30,126 | -7.2% |
| Amounts payable after more than one year | 17 | €201,074 | €193,924 | -€7,150 | -3.6% |
| Financial debts | 170/4 | €201,074 | €193,924 | -€7,150 | -3.6% |
| Amounts payable within one year | 42/48 | €216,804 | €193,829 | -€22,976 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €50,416 | €61,372 | +€10,957 | +21.7% |
| Trade debts | 44 | €26,567 | €20,161 | -€6,406 | -24.1% |
| Suppliers | 440/4 | €26,567 | €20,161 | -€6,406 | -24.1% |
| Advances received on contracts in progress | 46 | €20,577 | €0 | -€20,577 | -100% |
| Taxes, remuneration and social security | 45 | €14,389 | €13,476 | -€914 | -6.4% |
| Taxes | 450/3 | €7,180 | €9,278 | +€2,099 | +29.2% |
| Remuneration and social security | 454/9 | €7,210 | €4,197 | -€3,012 | -41.8% |
| Other amounts payable | 47/48 | €104,856 | €98,820 | -€6,036 | -5.8% |
| Remuneration, social security and pensions | 62 | €71,097 | €88,919 | +€17,822 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,851 | €100,415 | +€18,564 | +22.7% |
| Other operating charges | 640/8 | €2,517 | €2,569 | +€52 | +2.1% |
| Gross operating margin | 9900 | €178,166 | €208,613 | +€30,447 | +17.1% |
| Operating profit (loss) | 9901 | €22,701 | €16,710 | -€5,991 | -26.4% |
| Financial income | 75/76B | €483 | €8,126 | +€7,642 | +1,581% |
| Recurring financial income | 75 | €483 | €10 | -€473 | -97.8% |
| Non-recurring financial income | 76B | - | €8,115 | +€8,115 | |
| Financial charges | 65/66B | €21,598 | €23,038 | +€1,440 | +6.7% |
| Recurring financial charges | 65 | €21,598 | €23,038 | +€1,440 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €1,586 | €1,797 | +€211 | +13.3% |
| Income taxes | 67/77 | €1,065 | €1,206 | +€140 | +13.2% |
| Profit (loss) for the period | 9904 | €521 | €591 | +€70 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €521 | €591 | +€70 | +13.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.