FRA CONCEPT: 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.
FRA CONCEPT
Largest movements
- Receivables within one year -€9,498
down €9,498 (-95.2%), from €9,980 to €482
of which Trade receivables: -€9,036
- Profit (loss) carried forward -€16,108
down €16,108 (-60.0%), from -€26,860 to -€42,968
- Trade debts +€6,677
up €6,677 (+15.3%), from €43,572 to €50,249
- Gross operating margin -€13,664
down €13,664 (-559.3%), from -€2,443 to -€16,107
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 | €30,972 | €21,541 | -€9,431 | -30.5% |
| Current assets | 29/58 | €30,972 | €21,541 | -€9,431 | -30.5% |
| Amounts receivable within one year | 40/41 | €9,980 | €482 | -€9,498 | -95.2% |
| Trade receivables | 40 | €9,486 | €450 | -€9,036 | -95.3% |
| Other amounts receivable | 41 | €494 | €32 | -€462 | -93.5% |
| Cash at bank and in hand | 54/58 | €21 | €88 | +€67 | +319.0% |
| Deferred charges and accrued income | 490/1 | €20,971 | €20,971 | = | 0.0% |
| Total equity and liabilities | 10/49 | €30,972 | €21,541 | -€9,431 | -30.5% |
| Equity | 10/15 | -€12,600 | -€28,708 | -€16,108 | -127.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,860 | -€42,968 | -€16,108 | -60.0% |
| Amounts payable | 17/49 | €43,572 | €50,249 | +€6,677 | +15.3% |
| Amounts payable within one year | 42/48 | €43,572 | €50,249 | +€6,677 | +15.3% |
| Trade debts | 44 | €43,572 | €50,249 | +€6,677 | +15.3% |
| Suppliers | 440/4 | €43,572 | €50,249 | +€6,677 | +15.3% |
| Other operating charges | 640/8 | €43 | - | -€43 | |
| Gross operating margin | 9900 | -€2,443 | -€16,107 | -€13,664 | -559.3% |
| Operating profit (loss) | 9901 | -€2,486 | -€16,107 | -€13,621 | -547.9% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €95 | €1 | -€94 | -98.9% |
| Recurring financial charges | 65 | €95 | €1 | -€94 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,578 | -€16,108 | -€13,530 | -524.8% |
| Profit (loss) for the period | 9904 | -€2,578 | -€16,108 | -€13,530 | -524.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,578 | -€16,108 | -€13,530 | -524.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.