FraDeSch: 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.
FraDeSch
Largest movements
- Cash -€10,227
down €10,227 (-70.6%), from €14,479 to €4,252
mainly Trade debts (-€14,865) and Deferred charges and accrued income (-€1,390)
- Receivables within one year -€4,957
down €4,957 (-45.4%), from €10,912 to €5,955
- Deferred charges and accrued income +€1,390
up €1,390 (+4,849%), from €29 to €1,419
- Tangible fixed assets -€670
down €670 (-5.6%), from €11,876 to €11,206
- Trade debts -€14,865
down €14,865 (-73.5%), from €20,220 to €5,355
- Reserves -€2,128
down €2,128 (-30.9%), from €6,882 to €4,754
- Other debts +€1,479
up €1,479 (+167%), from €886 to €2,365
- Tax, wage and social debts +€1,050
up €1,050 (+7.0%), from €14,982 to €16,032
- Gross operating margin -€12,044
down €12,044 (-76.7%), from €15,694 to €3,650
- Taxes -€2,108
down €2,108 (-62.7%), from €3,362 to €1,254
- Depreciation -€399
down €399 (-17.6%), from €2,264 to €1,864
- Other operating charges -€363
down €363 (-32.6%), from €1,115 to €752
- Financial charges -€162
down €162 (-13.1%), from €1,238 to €1,076
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.
Derived cash bridge
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 | €43,970 | €29,507 | -€14,464 | -32.9% |
| Fixed assets | 21/28 | €11,876 | €11,206 | -€670 | -5.6% |
| Tangible fixed assets | 22/27 | €11,876 | €11,206 | -€670 | -5.6% |
| Plant, machinery and equipment | 23 | €1,970 | €1,751 | -€219 | -11.1% |
| Furniture and vehicles | 24 | €8,077 | €7,829 | -€248 | -3.1% |
| Other tangible fixed assets | 26 | €1,829 | €1,626 | -€203 | -11.1% |
| Current assets | 29/58 | €32,094 | €18,301 | -€13,793 | -43.0% |
| Stocks and contracts in progress | 3 | €6,675 | €6,675 | = | 0.0% |
| Stocks | 30/36 | €6,675 | €6,675 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,912 | €5,955 | -€4,957 | -45.4% |
| Trade receivables | 40 | €10,912 | €5,955 | -€4,957 | -45.4% |
| Cash at bank and in hand | 54/58 | €14,479 | €4,252 | -€10,227 | -70.6% |
| Deferred charges and accrued income | 490/1 | €29 | €1,419 | +€1,390 | +4,849% |
| Total equity and liabilities | 10/49 | €43,970 | €29,507 | -€14,464 | -32.9% |
| Equity | 10/15 | €7,882 | €5,754 | -€2,128 | -27.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,882 | €4,754 | -€2,128 | -30.9% |
| Distributable reserves | 133 | €6,882 | €4,754 | -€2,128 | -30.9% |
| Amounts payable | 17/49 | €36,088 | €23,752 | -€12,336 | -34.2% |
| Amounts payable within one year | 42/48 | €36,088 | €23,752 | -€12,336 | -34.2% |
| Trade debts | 44 | €20,220 | €5,355 | -€14,865 | -73.5% |
| Suppliers | 440/4 | €20,220 | €5,355 | -€14,865 | -73.5% |
| Taxes, remuneration and social security | 45 | €14,982 | €16,032 | +€1,050 | +7.0% |
| Taxes | 450/3 | €14,982 | €16,032 | +€1,050 | +7.0% |
| Other amounts payable | 47/48 | €886 | €2,365 | +€1,479 | +167% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,264 | €1,864 | -€399 | -17.6% |
| Other operating charges | 640/8 | €1,115 | €752 | -€363 | -32.6% |
| Gross operating margin | 9900 | €15,694 | €3,650 | -€12,044 | -76.7% |
| Operating profit (loss) | 9901 | €12,315 | €1,033 | -€11,282 | -91.6% |
| Financial income | 75/76B | €0 | €2 | +€2 | +19,700% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +19,700% |
| Financial charges | 65/66B | €1,238 | €1,076 | -€162 | -13.1% |
| Recurring financial charges | 65 | €1,238 | €1,076 | -€162 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €11,077 | -€41 | -€11,118 | |
| Income taxes | 67/77 | €3,362 | €1,254 | -€2,108 | -62.7% |
| Profit (loss) for the period | 9904 | €7,715 | -€1,295 | -€9,010 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,715 | -€1,295 | -€9,010 |
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 24 October 2026 via checked.be.