FRADESCO: 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.
FRADESCO
Largest movements
- Receivables within one year +€17,560
up €17,560 (+26.8%), from €65,492 to €83,052
- Tangible fixed assets -€4,798
down €4,798 (-19.3%), from €24,841 to €20,043
- Trade debts +€26,147
up €26,147 (+67.0%), from €39,001 to €65,148
- Profit (loss) carried forward -€8,762
down €8,762 (-22.4%), from €39,096 to €30,334
- Debts after one year -€4,509
no longer reported in 2025 (was €4,509)
- Turnover -€90,309
no longer reported in 2025 (was €90,309)
- Gross operating margin -€12,577
down €12,577, from €11,347 to -€1,230
- Taxes -€9,186
down €9,186 (-73.7%), from €12,472 to €3,286
- Purchases and services -€7,655
down €7,655 (-9.1%), from €84,258 to €76,603
- Staff costs +€1,131
up €1,131 (+891%), from €127 to €1,258
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 | €124,713 | €137,865 | +€13,152 | +10.5% |
| Fixed assets | 21/28 | €24,841 | €20,043 | -€4,798 | -19.3% |
| Tangible fixed assets | 22/27 | €24,841 | €20,043 | -€4,798 | -19.3% |
| Furniture and vehicles | 24 | €24,841 | €20,043 | -€4,798 | -19.3% |
| Current assets | 29/58 | €99,872 | €117,822 | +€17,950 | +18.0% |
| Amounts receivable within one year | 40/41 | €65,492 | €83,052 | +€17,560 | +26.8% |
| Other amounts receivable | 41 | €65,492 | €83,052 | +€17,560 | +26.8% |
| Cash at bank and in hand | 54/58 | €34,380 | €34,770 | +€390 | +1.1% |
| Total equity and liabilities | 10/49 | €124,713 | €137,865 | +€13,152 | +10.5% |
| Equity | 10/15 | €57,688 | €48,926 | -€8,762 | -15.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,096 | €30,334 | -€8,762 | -22.4% |
| Provisions and deferred taxes | 16 | €16,157 | €16,157 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €16,157 | €16,157 | = | 0.0% |
| Pensions and similar obligations | 160 | €16,157 | €16,157 | = | 0.0% |
| Amounts payable | 17/49 | €50,868 | €72,782 | +€21,914 | +43.1% |
| Amounts payable after more than one year | 17 | €4,509 | - | -€4,509 | |
| Financial debts | 170/4 | €4,509 | - | -€4,509 | |
| Amounts payable within one year | 42/48 | €46,359 | €72,782 | +€26,423 | +57.0% |
| Current portion of amounts payable after more than one year | 42 | €4,996 | €4,508 | -€488 | -9.8% |
| Trade debts | 44 | €39,001 | €65,148 | +€26,147 | +67.0% |
| Suppliers | 440/4 | €39,001 | €65,148 | +€26,147 | +67.0% |
| Taxes, remuneration and social security | 45 | €2,362 | €3,126 | +€764 | +32.3% |
| Taxes | 450/3 | €2,362 | €3,126 | +€764 | +32.3% |
| Turnover | 70 | €90,309 | - | -€90,309 | |
| Non-recurring operating income | 76A | €5,297 | - | -€5,297 | |
| Goods, raw materials, services and sundry goods | 60/61 | €84,258 | €76,603 | -€7,655 | -9.1% |
| Remuneration, social security and pensions | 62 | €127 | €1,258 | +€1,131 | +891% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,208 | €4,798 | -€410 | -7.9% |
| Other operating charges | 640/8 | €1,330 | €828 | -€502 | -37.7% |
| Non-recurring operating charges | 66A | €897 | - | -€897 | |
| Gross operating margin | 9900 | €11,347 | -€1,230 | -€12,577 | |
| Operating profit (loss) | 9901 | €3,785 | -€8,114 | -€11,899 | |
| Financial income | 75/76B | €3,377 | €4,153 | +€776 | +23.0% |
| Recurring financial income | 75 | €3,377 | €4,153 | +€776 | +23.0% |
| Financial charges | 65/66B | €816 | €1,515 | +€699 | +85.7% |
| Recurring financial charges | 65 | €816 | €1,515 | +€699 | +85.7% |
| Profit (loss) for the period before taxes | 9903 | €6,346 | -€5,476 | -€11,822 | |
| Income taxes | 67/77 | €12,472 | €3,286 | -€9,186 | -73.7% |
| Profit (loss) for the period | 9904 | -€6,126 | -€8,762 | -€2,636 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,126 | -€8,762 | -€2,636 | -43.0% |
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 14 October 2026 via checked.be.