FETAFRITE: 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.
FETAFRITE
Largest movements
- Tangible fixed assets +€7,356
up €7,356 (+103.8%), from €7,090 to €14,447
of which Furniture and vehicles: +€8,335
- Cash +€2,167
up €2,167 (+16.4%), from €13,237 to €15,404
mainly Tax, wage and social debts (+€6,522) and Depreciation (+€3,644)
- Receivables within one year -€1,674
down €1,674 (-38.8%), from €4,313 to €2,639
of which Trade receivables: -€2,734
- Intangible fixed assets -€1,000
down €1,000 (-24.8%), from €4,030 to €3,030
- Tax, wage and social debts +€6,522
up €6,522 (+111.1%), from €5,870 to €12,392
of which Remuneration and social security: +€6,522
- Trade debts +€1,203
up €1,203 (+10.3%), from €11,630 to €12,832
- Other debts -€830
down €830 (-12.2%), from €6,805 to €5,975
- Staff costs +€55,511
up €55,511 (+209.4%), from €26,513 to €82,024
- Gross operating margin +€36,266
up €36,266 (+68.2%), from €53,200 to €89,466
- Taxes -€4,722
down €4,722 (-98.0%), from €4,818 to €96
- Write-downs -€3,850
no longer reported in 2025 (was €3,850)
- Other operating charges +€2,570
new in 2025: €2,570
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.
Cash bridge derived
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 | €44,287 | €51,208 | +€6,921 | +15.6% |
| Fixed assets | 21/28 | €23,517 | €29,874 | +€6,356 | +27.0% |
| Intangible fixed assets | 21 | €4,030 | €3,030 | -€1,000 | -24.8% |
| Tangible fixed assets | 22/27 | €7,090 | €14,447 | +€7,356 | +103.8% |
| Plant, machinery and equipment | 23 | €4,131 | €3,153 | -€978 | -23.7% |
| Furniture and vehicles | 24 | €2,959 | €11,294 | +€8,335 | +281.6% |
| Financial fixed assets | 28 | €12,397 | €12,397 | = | 0.0% |
| Current assets | 29/58 | €20,770 | €21,334 | +€564 | +2.7% |
| Stocks and contracts in progress | 3 | €3,220 | €3,292 | +€71 | +2.2% |
| Stocks | 30/36 | €3,220 | €3,292 | +€71 | +2.2% |
| Amounts receivable within one year | 40/41 | €4,313 | €2,639 | -€1,674 | -38.8% |
| Trade receivables | 40 | €2,734 | - | -€2,734 | |
| Other amounts receivable | 41 | €1,579 | €2,639 | +€1,059 | +67.1% |
| Cash at bank and in hand | 54/58 | €13,237 | €15,404 | +€2,167 | +16.4% |
| Total equity and liabilities | 10/49 | €44,287 | €51,208 | +€6,921 | +15.6% |
| Equity | 10/15 | €17,575 | €17,602 | +€26 | +0.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,575 | €14,602 | +€26 | +0.2% |
| Amounts payable | 17/49 | €26,712 | €33,606 | +€6,894 | +25.8% |
| Amounts payable within one year | 42/48 | €26,712 | €33,606 | +€6,894 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €2,408 | €2,408 | -€1 | 0.0% |
| Trade debts | 44 | €11,630 | €12,832 | +€1,203 | +10.3% |
| Suppliers | 440/4 | €11,630 | €12,832 | +€1,203 | +10.3% |
| Taxes, remuneration and social security | 45 | €5,870 | €12,392 | +€6,522 | +111.1% |
| Taxes | 450/3 | €1,818 | €1,818 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,052 | €10,574 | +€6,522 | +160.9% |
| Other amounts payable | 47/48 | €6,805 | €5,975 | -€830 | -12.2% |
| Remuneration, social security and pensions | 62 | €26,513 | €82,024 | +€55,511 | +209.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,090 | €3,644 | +€1,554 | +74.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,850 | - | -€3,850 | |
| Other operating charges | 640/8 | - | €2,570 | +€2,570 | |
| Gross operating margin | 9900 | €53,200 | €89,466 | +€36,266 | +68.2% |
| Operating profit (loss) | 9901 | €20,747 | €1,228 | -€19,520 | -94.1% |
| Financial income | 75/76B | €2 | €4 | +€2 | +123.6% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +123.6% |
| Financial charges | 65/66B | €1,356 | €1,109 | -€247 | -18.2% |
| Recurring financial charges | 65 | €1,356 | €1,109 | -€247 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €19,393 | €122 | -€19,271 | -99.4% |
| Income taxes | 67/77 | €4,818 | €96 | -€4,722 | -98.0% |
| Profit (loss) for the period | 9904 | €14,575 | €26 | -€14,549 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,575 | €26 | -€14,549 | -99.8% |
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 10 October 2026 via checked.be.