FRABOLEC: 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.
FRABOLEC
Largest movements
- Cash -€31,979
down €31,979 (-51.5%), from €62,153 to €30,174
mainly Trade debts (-€65,828) and Debts after one year (-€12,553)
- Tangible fixed assets -€11,749
down €11,749 (-4.1%), from €285,239 to €273,489
of which Land and buildings: -€9,968
- Trade debts -€65,828
down €65,828 (-81.2%), from €81,035 to €15,207
- Profit (loss) carried forward +€19,820
up €19,820 (+57.7%), from -€34,343 to -€14,523
- Debts after one year -€12,553
down €12,553 (-6.1%), from €206,182 to €193,629
- Staff costs -€41,969
down €41,969 (-33.3%), from €125,941 to €83,972
- Gross operating margin +€14,211
up €14,211 (+11.0%), from €129,488 to €143,699
- Depreciation -€5,241
down €5,241 (-17.6%), from €29,799 to €24,558
- Other operating charges -€2,129
down €2,129 (-20.6%), from €10,331 to €8,202
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 | €458,064 | €404,398 | -€53,666 | -11.7% |
| Fixed assets | 21/28 | €288,986 | €275,376 | -€13,610 | -4.7% |
| Intangible fixed assets | 21 | €3,748 | €1,887 | -€1,861 | -49.6% |
| Tangible fixed assets | 22/27 | €285,239 | €273,489 | -€11,749 | -4.1% |
| Land and buildings | 22 | €253,843 | €243,875 | -€9,968 | -3.9% |
| Plant, machinery and equipment | 23 | €23,201 | €15,177 | -€8,023 | -34.6% |
| Furniture and vehicles | 24 | €8,195 | €14,437 | +€6,242 | +76.2% |
| Current assets | 29/58 | €169,078 | €129,021 | -€40,056 | -23.7% |
| Stocks and contracts in progress | 3 | €64,277 | €64,277 | = | 0.0% |
| Stocks | 30/36 | €64,277 | €64,277 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,024 | €31,298 | -€3,726 | -10.6% |
| Trade receivables | 40 | €8,359 | €12,374 | +€4,015 | +48.0% |
| Other amounts receivable | 41 | €26,666 | €18,925 | -€7,741 | -29.0% |
| Cash at bank and in hand | 54/58 | €62,153 | €30,174 | -€31,979 | -51.5% |
| Deferred charges and accrued income | 490/1 | €7,623 | €3,272 | -€4,351 | -57.1% |
| Total equity and liabilities | 10/49 | €458,064 | €404,398 | -€53,666 | -11.7% |
| Equity | 10/15 | -€17,603 | €2,217 | +€19,820 | |
| Contributions | 10/11 | €14,880 | €14,880 | = | 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 | -€34,343 | -€14,523 | +€19,820 | +57.7% |
| Amounts payable | 17/49 | €475,667 | €402,181 | -€73,486 | -15.4% |
| Amounts payable after more than one year | 17 | €206,182 | €193,629 | -€12,553 | -6.1% |
| Financial debts | 170/4 | €206,182 | €193,629 | -€12,553 | -6.1% |
| Amounts payable within one year | 42/48 | €269,486 | €208,174 | -€61,311 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €12,205 | €12,553 | +€347 | +2.8% |
| Trade debts | 44 | €81,035 | €15,207 | -€65,828 | -81.2% |
| Suppliers | 440/4 | €81,035 | €15,207 | -€65,828 | -81.2% |
| Taxes, remuneration and social security | 45 | €6,338 | €10,666 | +€4,327 | +68.3% |
| Taxes | 450/3 | €1,410 | €3,350 | +€1,941 | +137.6% |
| Remuneration and social security | 454/9 | €4,929 | €7,315 | +€2,387 | +48.4% |
| Other amounts payable | 47/48 | €169,906 | €169,748 | -€158 | -0.1% |
| Accrued charges and deferred income | 492/3 | - | €378 | +€378 | |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €125,941 | €83,972 | -€41,969 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,799 | €24,558 | -€5,241 | -17.6% |
| Other operating charges | 640/8 | €10,331 | €8,202 | -€2,129 | -20.6% |
| Gross operating margin | 9900 | €129,488 | €143,699 | +€14,211 | +11.0% |
| Operating profit (loss) | 9901 | -€36,583 | €26,967 | +€63,551 | |
| Financial income | 75/76B | €314 | €1 | -€314 | -99.8% |
| Recurring financial income | 75 | €314 | €1 | -€314 | -99.8% |
| Financial charges | 65/66B | €6,616 | €6,587 | -€29 | -0.4% |
| Recurring financial charges | 65 | €6,616 | €6,587 | -€29 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€42,885 | €20,381 | +€63,266 | |
| Income taxes | 67/77 | €809 | €561 | -€249 | -30.7% |
| Profit (loss) for the period | 9904 | -€43,695 | €19,820 | +€63,515 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,695 | €19,820 | +€63,515 |
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 7 October 2026 via checked.be.