FRADEGO: 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.
FRADEGO
Largest movements
- Current investments +€27,447
up €27,447 (+9.4%), from €292,553 to €320,000
- Cash -€25,530
down €25,530 (-75.3%), from €33,906 to €8,376
mainly Current investments (-€27,447) and Receivables within one year (-€3,543)
- Receivables within one year +€3,543
up €3,543 (+618.2%), from €573 to €4,116
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€2,385
down €2,385 (-29.4%), from €8,098 to €5,713
- Taxes -€406
down €406 (-45.5%), from €894 to €487
- Gross operating margin -€334
down €334 (-19.7%), from -€1,697 to -€2,031
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 | €330,241 | €332,582 | +€2,341 | +0.7% |
| Current assets | 29/58 | €330,241 | €332,582 | +€2,341 | +0.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €573 | €4,116 | +€3,543 | +618.2% |
| Other amounts receivable | 41 | €573 | €4,116 | +€3,543 | +618.2% |
| Current investments | 50/53 | €292,553 | €320,000 | +€27,447 | +9.4% |
| Cash at bank and in hand | 54/58 | €33,906 | €8,376 | -€25,530 | -75.3% |
| Deferred charges and accrued income | 490/1 | €3,208 | €89 | -€3,119 | -97.2% |
| Total equity and liabilities | 10/49 | €330,241 | €332,582 | +€2,341 | +0.7% |
| Equity | 10/15 | €329,953 | €332,582 | +€2,629 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €311,353 | €313,982 | +€2,629 | +0.8% |
| Distributable reserves | 133 | €311,353 | €313,982 | +€2,629 | +0.8% |
| Amounts payable | 17/49 | €288 | €0 | -€288 | -100.0% |
| Amounts payable within one year | 42/48 | €288 | €0 | -€288 | -100.0% |
| Trade debts | 44 | €288 | €0 | -€288 | -100.0% |
| Suppliers | 440/4 | €288 | €0 | -€288 | -100.0% |
| Other amounts payable | 47/48 | €0 | €0 | = | 0.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€1,697 | -€2,031 | -€334 | -19.7% |
| Operating profit (loss) | 9901 | -€2,211 | -€2,559 | -€348 | -15.8% |
| Financial income | 75/76B | €8,098 | €5,713 | -€2,385 | -29.4% |
| Recurring financial income | 75 | €8,098 | €5,713 | -€2,385 | -29.4% |
| Financial charges | 65/66B | €44 | €38 | -€6 | -13.2% |
| Recurring financial charges | 65 | €44 | €38 | -€6 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €5,844 | €3,116 | -€2,727 | -46.7% |
| Income taxes | 67/77 | €894 | €487 | -€406 | -45.5% |
| Profit (loss) for the period | 9904 | €4,950 | €2,629 | -€2,321 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,950 | €2,629 | -€2,321 | -46.9% |
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 3 October 2026 via checked.be.