FRABELI: 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.
FRABELI
Largest movements
- Cash +€38,261
up €38,261 (+72.0%), from €53,120 to €91,380
mainly Stocks and contracts (+€30,814) and Trade debts (+€15,783)
- Stocks and contracts -€30,814
down €30,814 (-58.1%), from €53,031 to €22,217
- Trade debts +€15,783
up €15,783 (+73.1%), from €21,592 to €37,375
- Tax, wage and social debts -€6,117
down €6,117 (-83.3%), from €7,346 to €1,229
of which Taxes: -€4,172
- Gross operating margin -€3,872
down €3,872 (-59.3%), from €6,527 to €2,656
- Depreciation -€2,222
down €2,222 (-90.4%), from €2,458 to €236
- Financial income -€334
down €334 (-84.2%), from €397 to €63
- Other operating charges -€196
down €196 (-27.3%), from €717 to €521
- Financial charges -€95
down €95 (-31.6%), from €299 to €205
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €353,880 | €364,917 | +€11,037 | +3.1% |
| Fixed assets | 21/28 | €16,583 | €17,478 | +€895 | +5.4% |
| Tangible fixed assets | 22/27 | €583 | €1,478 | +€895 | +153.7% |
| Furniture and vehicles | 24 | €583 | €1,478 | +€895 | +153.7% |
| Financial fixed assets | 28 | €16,000 | €16,000 | = | 0.0% |
| Current assets | 29/58 | €337,297 | €347,439 | +€10,141 | +3.0% |
| Stocks and contracts in progress | 3 | €53,031 | €22,217 | -€30,814 | -58.1% |
| Stocks | 30/36 | €53,031 | €22,217 | -€30,814 | -58.1% |
| Amounts receivable within one year | 40/41 | €230,401 | €230,704 | +€303 | +0.1% |
| Trade receivables | 40 | €171,696 | €191,565 | +€19,868 | +11.6% |
| Other amounts receivable | 41 | €58,705 | €39,140 | -€19,565 | -33.3% |
| Cash at bank and in hand | 54/58 | €53,120 | €91,380 | +€38,261 | +72.0% |
| Deferred charges and accrued income | 490/1 | €745 | €3,137 | +€2,391 | +320.8% |
| Total equity and liabilities | 10/49 | €353,880 | €364,917 | +€11,037 | +3.1% |
| Equity | 10/15 | €324,942 | €326,313 | +€1,371 | +0.4% |
| 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 | €310,682 | €312,053 | +€1,371 | +0.4% |
| Amounts payable | 17/49 | €28,938 | €38,604 | +€9,666 | +33.4% |
| Amounts payable within one year | 42/48 | €28,938 | €38,604 | +€9,666 | +33.4% |
| Trade debts | 44 | €21,592 | €37,375 | +€15,783 | +73.1% |
| Suppliers | 440/4 | €21,592 | €37,375 | +€15,783 | +73.1% |
| Taxes, remuneration and social security | 45 | €7,346 | €1,229 | -€6,117 | -83.3% |
| Taxes | 450/3 | €4,897 | €726 | -€4,172 | -85.2% |
| Remuneration and social security | 454/9 | €2,449 | €503 | -€1,945 | -79.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,458 | €236 | -€2,222 | -90.4% |
| Other operating charges | 640/8 | €717 | €521 | -€196 | -27.3% |
| Non-recurring operating charges | 66A | €2,914 | - | -€2,914 | |
| Gross operating margin | 9900 | €6,527 | €2,656 | -€3,872 | -59.3% |
| Operating profit (loss) | 9901 | €438 | €1,899 | +€1,460 | +333.2% |
| Financial income | 75/76B | €397 | €63 | -€334 | -84.2% |
| Recurring financial income | 75 | €397 | €63 | -€334 | -84.2% |
| Financial charges | 65/66B | €299 | €205 | -€95 | -31.6% |
| Recurring financial charges | 65 | €299 | €205 | -€95 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €535 | €1,757 | +€1,221 | +228.1% |
| Income taxes | 67/77 | €386 | €386 | -€1 | -0.2% |
| Profit (loss) for the period | 9904 | €149 | €1,371 | +€1,222 | +820.3% |
| Profit (loss) for the period to be appropriated | 9905 | €149 | €1,371 | +€1,222 | +820.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.