FRABOMA: 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.
FRABOMA
Largest movements
- Current investments +€39,811
up €39,811 (+79.6%), from €50,000 to €89,811
- Cash +€14,316
up €14,316 (+13.9%), from €102,970 to €117,285
mainly Net result for the year (+€31,561) and Depreciation (+€11,458)
- Tangible fixed assets -€11,458
down €11,458 (-31.7%), from €36,163 to €24,705
- Receivables within one year -€7,996
down €7,996 (-43.3%), from €18,469 to €10,473
of which Other amounts receivable: -€9,000
- Reserves +€31,500
up €31,500 (+17.8%), from €177,360 to €208,860
- Financial charges +€2,821
up €2,821, from -€2,296 to €525
- Taxes -€996
down €996 (-6.9%), from €14,512 to €13,516
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 | €208,313 | €243,028 | +€34,715 | +16.7% |
| Fixed assets | 21/28 | €36,163 | €24,705 | -€11,458 | -31.7% |
| Tangible fixed assets | 22/27 | €36,163 | €24,705 | -€11,458 | -31.7% |
| Furniture and vehicles | 24 | €36,163 | €24,705 | -€11,458 | -31.7% |
| Current assets | 29/58 | €172,150 | €218,323 | +€46,173 | +26.8% |
| Amounts receivable within one year | 40/41 | €18,469 | €10,473 | -€7,996 | -43.3% |
| Trade receivables | 40 | €9,469 | €10,473 | +€1,004 | +10.6% |
| Other amounts receivable | 41 | €9,000 | €0 | -€9,000 | -100.0% |
| Current investments | 50/53 | €50,000 | €89,811 | +€39,811 | +79.6% |
| Cash at bank and in hand | 54/58 | €102,970 | €117,285 | +€14,316 | +13.9% |
| Deferred charges and accrued income | 490/1 | €711 | €754 | +€43 | +6.0% |
| Total equity and liabilities | 10/49 | €208,313 | €243,028 | +€34,715 | +16.7% |
| Equity | 10/15 | €197,447 | €229,007 | +€31,561 | +16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €177,360 | €208,860 | +€31,500 | +17.8% |
| Distributable reserves | 133 | €177,360 | €208,860 | +€31,500 | +17.8% |
| Profit (loss) carried forward | 14 | €1,487 | €1,547 | +€61 | +4.1% |
| Amounts payable | 17/49 | €10,867 | €14,020 | +€3,154 | +29.0% |
| Amounts payable within one year | 42/48 | €10,867 | €14,020 | +€3,154 | +29.0% |
| Trade debts | 44 | €30 | €252 | +€222 | +752.9% |
| Suppliers | 440/4 | €30 | €252 | +€222 | +752.9% |
| Taxes, remuneration and social security | 45 | €10,493 | €12,685 | +€2,192 | +20.9% |
| Taxes | 450/3 | €10,493 | €12,685 | +€2,192 | +20.9% |
| Other amounts payable | 47/48 | €344 | €1,084 | +€740 | +214.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,458 | €11,458 | = | 0.0% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €56,135 | €56,495 | +€360 | +0.6% |
| Operating profit (loss) | 9901 | €44,226 | €44,572 | +€346 | +0.8% |
| Financial income | 75/76B | €854 | €1,030 | +€176 | +20.6% |
| Recurring financial income | 75 | €854 | €1,030 | +€176 | +20.6% |
| Financial charges | 65/66B | -€2,296 | €525 | +€2,821 | |
| Recurring financial charges | 65 | -€2,296 | €525 | +€2,821 | |
| Profit (loss) for the period before taxes | 9903 | €47,376 | €45,077 | -€2,299 | -4.9% |
| Income taxes | 67/77 | €14,512 | €13,516 | -€996 | -6.9% |
| Profit (loss) for the period | 9904 | €32,864 | €31,561 | -€1,303 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,864 | €31,561 | -€1,303 | -4.0% |
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 11 October 2026 via checked.be.