FRAGAPANE & Co: 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.
FRAGAPANE & Co
Largest movements
- Cash -€209,165
down €209,165 (-99.9%), from €209,307 to €141
mainly Receivables within one year (-€177,467) and Trade debts (-€23,232)
- Receivables within one year +€177,467
up €177,467 (+182%), from €97,495 to €274,962
of which Other amounts receivable: +€205,505
- Trade debts -€23,232
no longer reported in 2025 (was €23,232)
- Profit (loss) carried forward -€9,202
down €9,202 (-7.2%), from -€127,940 to -€137,142
- Gross operating margin -€325,840
down €325,840, from €308,711 to -€17,129
- Financial charges -€29,586
down €29,586 (-97.5%), from €30,342 to €756
- Financial income +€9,001
up €9,001 (+2,157%), from €417 to €9,419
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 | €307,961 | €275,527 | -€32,434 | -10.5% |
| Fixed assets | 21/28 | €1,159 | €423 | -€735 | -63.5% |
| Tangible fixed assets | 22/27 | €1,089 | €354 | -€735 | -67.5% |
| Plant, machinery and equipment | 23 | €335 | - | -€335 | |
| Furniture and vehicles | 24 | €754 | €354 | -€400 | -53.1% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €306,802 | €275,103 | -€31,699 | -10.3% |
| Amounts receivable within one year | 40/41 | €97,495 | €274,962 | +€177,467 | +182% |
| Trade receivables | 40 | €28,111 | €73 | -€28,038 | -99.7% |
| Other amounts receivable | 41 | €69,385 | €274,889 | +€205,505 | +296% |
| Cash at bank and in hand | 54/58 | €209,307 | €141 | -€209,165 | -99.9% |
| Total equity and liabilities | 10/49 | €307,961 | €275,527 | -€32,434 | -10.5% |
| Equity | 10/15 | €188,793 | €179,591 | -€9,202 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €298,133 | €298,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €287,237 | €287,237 | = | 0.0% |
| Distributable reserves | 133 | €9,036 | €9,036 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€127,940 | -€137,142 | -€9,202 | -7.2% |
| Provisions and deferred taxes | 16 | €95,746 | €95,746 | = | 0.0% |
| Deferred taxes | 168 | €95,746 | €95,746 | = | 0.0% |
| Amounts payable | 17/49 | €23,422 | €190 | -€23,232 | -99.2% |
| Amounts payable within one year | 42/48 | €23,422 | €190 | -€23,232 | -99.2% |
| Trade debts | 44 | €23,232 | - | -€23,232 | |
| Suppliers | 440/4 | €23,232 | - | -€23,232 | |
| Taxes, remuneration and social security | 45 | €190 | €190 | = | 0.0% |
| Taxes | 450/3 | €190 | €190 | = | 0.0% |
| Non-recurring operating income | 76A | €384,685 | - | -€384,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €862 | €735 | -€127 | -14.7% |
| Gross operating margin | 9900 | €308,711 | -€17,129 | -€325,840 | |
| Operating profit (loss) | 9901 | €307,848 | -€17,864 | -€325,713 | |
| Financial income | 75/76B | €417 | €9,419 | +€9,001 | +2,157% |
| Recurring financial income | 75 | €417 | €9,419 | +€9,001 | +2,157% |
| Financial charges | 65/66B | €30,342 | €756 | -€29,586 | -97.5% |
| Recurring financial charges | 65 | €30,342 | €756 | -€29,586 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €277,924 | -€9,202 | -€287,126 | |
| Transfer to deferred taxes | 680 | €95,746 | - | -€95,746 | |
| Income taxes | 67/77 | €125 | - | -€125 | |
| Profit (loss) for the period | 9904 | €182,053 | -€9,202 | -€191,255 | |
| Transfer to tax-exempt reserves | 689 | €287,237 | - | -€287,237 | |
| Profit (loss) for the period to be appropriated | 9905 | -€105,184 | -€9,202 | +€95,982 | +91.3% |
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 18 October 2026 via checked.be.