FRADECO: 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.
FRADECO
Largest movements
- Receivables within one year +€38,106
up €38,106 (+54.4%), from €70,051 to €108,157
of which Other amounts receivable: +€26,006
- Tangible fixed assets -€10,771
down €10,771 (-3.1%), from €346,264 to €335,493
of which Land and buildings: -€12,746
- Reserves +€58,000
up €58,000 (+17.7%), from €326,938 to €384,938
of which Distributable reserves: +€58,000
- Debts after one year -€29,389
down €29,389 (-25.0%), from €117,421 to €88,032
- Trade debts -€5,403
down €5,403 (-71.5%), from €7,555 to €2,152
- Gross operating margin +€24,958
up €24,958 (+36.1%), from €69,135 to €94,093
- Financial income -€8,858
no longer reported in 2025 (was €8,858)
- Taxes +€4,123
up €4,123 (+32.3%), from €12,748 to €16,871
- Financial charges -€1,275
down €1,275 (-31.5%), from €4,050 to €2,775
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 | €504,435 | €526,786 | +€22,351 | +4.4% |
| Fixed assets | 21/28 | €346,264 | €335,493 | -€10,771 | -3.1% |
| Tangible fixed assets | 22/27 | €346,264 | €335,493 | -€10,771 | -3.1% |
| Land and buildings | 22 | €343,576 | €330,829 | -€12,746 | -3.7% |
| Plant, machinery and equipment | 23 | €2,190 | €1,708 | -€482 | -22.0% |
| Furniture and vehicles | 24 | €499 | €2,956 | +€2,457 | +492.5% |
| Current assets | 29/58 | €158,171 | €191,293 | +€33,122 | +20.9% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,051 | €108,157 | +€38,106 | +54.4% |
| Trade receivables | 40 | €1,815 | €13,915 | +€12,100 | +666.7% |
| Other amounts receivable | 41 | €68,236 | €94,242 | +€26,006 | +38.1% |
| Cash at bank and in hand | 54/58 | €11,151 | €8,136 | -€3,015 | -27.0% |
| Deferred charges and accrued income | 490/1 | €1,969 | - | -€1,969 | |
| Total equity and liabilities | 10/49 | €504,435 | €526,786 | +€22,351 | +4.4% |
| Equity | 10/15 | €347,098 | €405,686 | +€58,588 | +16.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €326,938 | €384,938 | +€58,000 | +17.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €324,938 | €382,938 | +€58,000 | +17.8% |
| Profit (loss) carried forward | 14 | €160 | €748 | +€588 | +367.2% |
| Amounts payable | 17/49 | €157,337 | €121,101 | -€36,236 | -23.0% |
| Amounts payable after more than one year | 17 | €117,421 | €88,032 | -€29,389 | -25.0% |
| Financial debts | 170/4 | €117,421 | €88,032 | -€29,389 | -25.0% |
| Amounts payable within one year | 42/48 | €39,916 | €33,068 | -€6,847 | -17.2% |
| Trade debts | 44 | €7,555 | €2,152 | -€5,403 | -71.5% |
| Suppliers | 440/4 | €7,555 | €2,152 | -€5,403 | -71.5% |
| Taxes, remuneration and social security | 45 | €17,570 | €17,975 | +€406 | +2.3% |
| Taxes | 450/3 | €17,570 | €17,975 | +€406 | +2.3% |
| Other amounts payable | 47/48 | €14,791 | €12,941 | -€1,850 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,734 | €13,727 | -€7 | -0.1% |
| Other operating charges | 640/8 | €2,443 | €2,133 | -€310 | -12.7% |
| Gross operating margin | 9900 | €69,135 | €94,093 | +€24,958 | +36.1% |
| Operating profit (loss) | 9901 | €52,957 | €78,233 | +€25,276 | +47.7% |
| Financial income | 75/76B | €8,858 | - | -€8,858 | |
| Recurring financial income | 75 | €8,858 | - | -€8,858 | |
| Financial charges | 65/66B | €4,050 | €2,775 | -€1,275 | -31.5% |
| Recurring financial charges | 65 | €4,050 | €2,775 | -€1,275 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €57,766 | €75,458 | +€17,693 | +30.6% |
| Income taxes | 67/77 | €12,748 | €16,871 | +€4,123 | +32.3% |
| Profit (loss) for the period | 9904 | €45,018 | €58,588 | +€13,570 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,018 | €58,588 | +€13,570 | +30.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.