FRADAX: 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.
FRADAX
Largest movements
- Tangible fixed assets -€2,709
down €2,709 (-13.3%), from €20,335 to €17,626
- Cash -€1,425
down €1,425 (-11.2%), from €12,755 to €11,330
mainly Other debts (-€3,001) and Net result for the year (-€1,221)
- Other debts -€3,001
down €3,001 (-44.1%), from €6,803 to €3,802
- Profit (loss) carried forward -€1,221
down €1,221 (-11.1%), from €11,004 to €9,783
- Gross operating margin +€117
up €117 (+4.2%), from €2,795 to €2,912
- Purchases and services -€117
down €117 (-57.1%), from €205 to €88
- Financial charges -€54
down €54 (-42.9%), from €126 to €72
of which Non-recurring financial charges: -€126
- Other operating charges +€48
up €48 (+3.7%), from €1,305 to €1,353
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 | €83,282 | €79,148 | -€4,134 | -5.0% |
| Fixed assets | 21/28 | €20,335 | €17,626 | -€2,709 | -13.3% |
| Tangible fixed assets | 22/27 | €20,335 | €17,626 | -€2,709 | -13.3% |
| Land and buildings | 22 | €20,335 | €17,626 | -€2,709 | -13.3% |
| Current assets | 29/58 | €62,947 | €61,522 | -€1,425 | -2.3% |
| Amounts receivable within one year | 40/41 | €50,192 | €50,192 | = | 0.0% |
| Trade receivables | 40 | €4,284 | €4,284 | = | 0.0% |
| Other amounts receivable | 41 | €45,908 | €45,908 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,755 | €11,330 | -€1,425 | -11.2% |
| Total equity and liabilities | 10/49 | €83,282 | €79,148 | -€4,134 | -5.0% |
| Equity | 10/15 | €76,479 | €75,258 | -€1,221 | -1.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,475 | €3,475 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,475 | €3,475 | = | 0.0% |
| Legal reserve | 130 | €3,475 | €3,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,004 | €9,783 | -€1,221 | -11.1% |
| Amounts payable | 17/49 | €6,803 | €3,890 | -€2,913 | -42.8% |
| Amounts payable within one year | 42/48 | €6,803 | €3,890 | -€2,913 | -42.8% |
| Trade debts | 44 | - | €88 | +€88 | |
| Suppliers | 440/4 | - | €88 | +€88 | |
| Other amounts payable | 47/48 | €6,803 | €3,802 | -€3,001 | -44.1% |
| Turnover | 70 | €3,000 | €3,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €205 | €88 | -€117 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,708 | €2,708 | = | 0.0% |
| Other operating charges | 640/8 | €1,305 | €1,353 | +€48 | +3.7% |
| Gross operating margin | 9900 | €2,795 | €2,912 | +€117 | +4.2% |
| Operating profit (loss) | 9901 | -€1,218 | -€1,149 | +€69 | +5.7% |
| Financial charges | 65/66B | €126 | €72 | -€54 | -42.9% |
| Recurring financial charges | 65 | €126 | €72 | -€54 | -42.9% |
| Non-recurring financial charges | 66B | €126 | - | -€126 | |
| Profit (loss) for the period before taxes | 9903 | -€1,344 | -€1,221 | +€123 | +9.2% |
| Profit (loss) for the period | 9904 | -€1,344 | -€1,221 | +€123 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,344 | -€1,221 | +€123 | +9.2% |
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 4 October 2026 via checked.be.