FRABER LOGISTICS: 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.
What changed
FRABER LOGISTICS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€134,974
2024 · €1.1m-€970,083
Equity
€5.9m
2024 · €5.8m+€134,974
Cash
€130,637
2024 · €67,205+€63,433
Balance sheet total
€6.8m
2024 · €6.7m+€98,803
Largest movements
Assets
- Tangible fixed assets -€122,724
down €122,724 (-6.1%), from €2.0m to €1.9m
of which Land and buildings: -€74,121
- Deferred charges and accrued income +€120,952
up €120,952 (+393%), from €30,789 to €151,741
Equity and liabilities
- Reserves +€134,974
up €134,974 (+2.4%), from €5.7m to €5.8m
of which Distributable reserves: +€171,964
- Debts after one year -€89,446
down €89,446 (-47.5%), from €188,433 to €98,987
Income statement
- Turnover -€1.5m
down €1.5m (-45.1%), from €3.2m to €1.8m
- Taxes -€324,833
down €324,833 (-84.2%), from €385,677 to €60,843
of which Taxes: -€324,833
- Other operating income +€86,687
up €86,687 (+160%), from €54,134 to €140,821
- Services and other goods -€55,469
down €55,469 (-4.8%), from €1.1m to €1.1m
- Financial income +€42,125
up €42,125 (+74.3%), from €56,667 to €98,792
of which Financial income: +€42,125
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.
Result 2024
€1.1m
Turnover
-€1.5m
Other operating income
+€86,687
Services and other goods
+€55,469
Staff costs
-€33,267
Depreciation
+€8,905
Other operating charges
-€914
Other operating items
-€5,433
Financial income
+€42,125
Financial charges
+€3,872
Taxes
+€324,833
Deferred taxes and other
-€1,364
Result 2025
€134,974
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€275,758
Investment
-€119,668
Financing
-€92,658
Cash 2024
€67,205
From operations (derived)
+€275,758
Net result for the year
+€134,974
Depreciation
+€242,392
Receivables within one year
-€37,143
Deferred charges and accrued income
-€120,952
Provisions
-€12,330
Trade debts
+€53,033
Tax, wage and social debts
+€35,688
Accrued charges and deferred income
-€19,903
Investment (derived)
-€119,668
Investment in fixed assets (net)
-€119,668
Financing
-€92,658
Debts after one year
-€89,446
Current portion of long-term debt
-€3,212
Cash 2025
€130,637
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,716,147 | €6,814,950 | +€98,803 | +1.5% |
| Fixed assets | 21/28 | €4,777,372 | €4,654,648 | -€122,724 | -2.6% |
| Tangible fixed assets | 22/27 | €2,003,643 | €1,880,919 | -€122,724 | -6.1% |
| Land and buildings | 22 | €1,111,373 | €1,037,252 | -€74,121 | -6.7% |
| Plant, machinery and equipment | 23 | €112,967 | €104,894 | -€8,073 | -7.1% |
| Furniture and vehicles | 24 | €163,778 | €145,574 | -€18,204 | -11.1% |
| Leasing and similar rights | 25 | €115,525 | €93,200 | -€22,326 | -19.3% |
| Other tangible fixed assets | 26 | €500,000 | €500,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,773,728 | €2,773,728 | = | 0.0% |
| Affiliated companies | 280/1 | €2,773,728 | €2,773,728 | = | 0.0% |
| Participating interests | 280 | €2,773,728 | €2,773,728 | = | 0.0% |
| Current assets | 29/58 | €1,938,775 | €2,160,303 | +€221,527 | +11.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,840,782 | €1,877,925 | +€37,143 | +2.0% |
| Trade receivables | 40 | €7,117 | €221,975 | +€214,858 | +3,019% |
| Other amounts receivable | 41 | €1,833,665 | €1,655,950 | -€177,715 | -9.7% |
| Cash at bank and in hand | 54/58 | €67,205 | €130,637 | +€63,433 | +94.4% |
| Deferred charges and accrued income | 490/1 | €30,789 | €151,741 | +€120,952 | +393% |
| Total equity and liabilities | 10/49 | €6,716,147 | €6,814,950 | +€98,803 | +1.5% |
| Equity | 10/15 | €5,759,443 | €5,894,417 | +€134,974 | +2.3% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Capital | 10 | €105,000 | €105,000 | = | 0.0% |
| Issued capital | 100 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €5,654,443 | €5,789,417 | +€134,974 | +2.4% |
| Non-distributable reserves | 130/1 | €10,500 | €10,500 | = | 0.0% |
| Legal reserve | 130 | €10,500 | €10,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €451,562 | €414,572 | -€36,990 | -8.2% |
| Distributable reserves | 133 | €5,192,381 | €5,364,346 | +€171,964 | +3.3% |
| Provisions and deferred taxes | 16 | €95,125 | €82,795 | -€12,330 | -13.0% |
| Deferred taxes | 168 | €95,125 | €82,795 | -€12,330 | -13.0% |
| Amounts payable | 17/49 | €861,578 | €837,737 | -€23,840 | -2.8% |
| Amounts payable after more than one year | 17 | €188,433 | €98,987 | -€89,446 | -47.5% |
| Financial debts | 170/4 | €188,433 | €98,987 | -€89,446 | -47.5% |
| Leasing and similar obligations | 172 | €60,133 | €40,691 | -€19,442 | -32.3% |
| Credit institutions | 173 | €128,300 | €58,296 | -€70,004 | -54.6% |
| Amounts payable within one year | 42/48 | €298,447 | €383,955 | +€85,508 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €127,600 | €124,388 | -€3,212 | -2.5% |
| Trade debts | 44 | €105,609 | €158,642 | +€53,033 | +50.2% |
| Suppliers | 440/4 | €105,609 | €158,642 | +€53,033 | +50.2% |
| Taxes, remuneration and social security | 45 | €65,237 | €100,925 | +€35,688 | +54.7% |
| Taxes | 450/3 | €20,025 | €13,573 | -€6,451 | -32.2% |
| Remuneration and social security | 454/9 | €45,213 | €87,352 | +€42,139 | +93.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €374,698 | €354,796 | -€19,903 | -5.3% |
| Operating income | 70/76A | €3,277,911 | €1,911,825 | -€1.4m | -41.7% |
| Turnover | 70 | €3,215,374 | €1,764,377 | -€1.5m | -45.1% |
| Other operating income | 74 | €54,134 | €140,821 | +€86,687 | +160% |
| Non-recurring operating income | 76A | €8,404 | €6,626 | -€1,777 | -21.2% |
| Operating charges | 60/66A | €1,845,180 | €1,818,643 | -€26,538 | -1.4% |
| Services and other goods | 61 | €1,146,757 | €1,091,289 | -€55,469 | -4.8% |
| Remuneration, social security and pensions | 62 | €401,449 | €434,717 | +€33,267 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251,297 | €242,392 | -€8,905 | -3.5% |
| Other operating charges | 640/8 | €45,387 | €46,301 | +€914 | +2.0% |
| Non-recurring operating charges | 66A | €289 | €3,945 | +€3,656 | +1,263% |
| Operating profit (loss) | 9901 | €1,432,731 | €93,182 | -€1.3m | -93.5% |
| Financial income | 75/76B | €56,667 | €98,792 | +€42,125 | +74.3% |
| Recurring financial income | 75 | €56,667 | €98,792 | +€42,125 | +74.3% |
| Income from current assets | 751 | €56,667 | €98,792 | +€42,125 | +74.3% |
| Other financial income | 752/9 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €12,359 | €8,487 | -€3,872 | -31.3% |
| Recurring financial charges | 65 | €12,359 | €8,487 | -€3,872 | -31.3% |
| Debt charges | 650 | €10,860 | €7,087 | -€3,772 | -34.7% |
| Other financial charges | 652/9 | €1,499 | €1,400 | -€99 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €1,477,040 | €183,487 | -€1.3m | -87.6% |
| Transfer from deferred taxes | 780 | €13,694 | €12,330 | -€1,364 | -10.0% |
| Income taxes | 67/77 | €385,677 | €60,843 | -€324,833 | -84.2% |
| Taxes | 670/3 | €385,677 | €60,843 | -€324,833 | -84.2% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,105,057 | €134,974 | -€970,083 | -87.8% |
| Transfer from tax-exempt reserves | 789 | €41,083 | €36,990 | -€4,092 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,146,140 | €171,964 | -€974,176 | -85.0% |
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 29 October 2026 via checked.be.