FRAGILL&MOI: what changed
FRAGILL&MOI
Largest movements
- Receivables within one year +€18,556
up €18,556 (+28.4%), from €65,287 to €83,843
of which Trade receivables: +€16,275
- Cash +€2,163
up €2,163 (+57.4%), from €3,766 to €5,929
mainly Trade debts (+€13,025) and Net result for the year (+€7,921)
- Tangible fixed assets -€1,907
down €1,907 (-77.3%), from €2,467 to €560
- Trade debts +€13,025
up €13,025 (+1,449%), from €899 to €13,924
- Reserves +€7,921
up €7,921 (+14.4%), from €55,185 to €63,106
of which Distributable reserves: +€7,921
- Current portion of long-term debt -€2,038
down €2,038 (-77.7%), from €2,621 to €583
- Gross operating margin +€4,171
up €4,171 (+45.7%), from €9,134 to €13,306
- Taxes +€3,280
up €3,280 (+150%), from €2,180 to €5,460
- Depreciation -€2,576
down €2,576 (-57.5%), from €4,482 to €1,907
- Financial charges -€315
down €315 (-61.0%), from €517 to €201
- Financial income -€207
down €207 (-5.7%), from €3,664 to €3,457
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,519 | €90,331 | +€18,812 | +26.3% |
| Fixed assets | 21/28 | €2,467 | €560 | -€1,907 | -77.3% |
| Tangible fixed assets | 22/27 | €2,467 | €560 | -€1,907 | -77.3% |
| Furniture and vehicles | 24 | €2,467 | €560 | -€1,907 | -77.3% |
| Current assets | 29/58 | €69,052 | €89,771 | +€20,719 | +30.0% |
| Amounts receivable within one year | 40/41 | €65,287 | €83,843 | +€18,556 | +28.4% |
| Trade receivables | 40 | €2,634 | €18,910 | +€16,275 | +618% |
| Other amounts receivable | 41 | €62,653 | €64,933 | +€2,281 | +3.6% |
| Cash at bank and in hand | 54/58 | €3,766 | €5,929 | +€2,163 | +57.4% |
| Total equity and liabilities | 10/49 | €71,519 | €90,331 | +€18,812 | +26.3% |
| Equity | 10/15 | €61,385 | €69,306 | +€7,921 | +12.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,185 | €63,106 | +€7,921 | +14.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €53,325 | €61,246 | +€7,921 | +14.9% |
| Amounts payable | 17/49 | €10,133 | €21,025 | +€10,891 | +107% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €10,133 | €21,025 | +€10,891 | +107% |
| Current portion of amounts payable after more than one year | 42 | €2,621 | €583 | -€2,038 | -77.7% |
| Trade debts | 44 | €899 | €13,924 | +€13,025 | +1,449% |
| Suppliers | 440/4 | €899 | €13,924 | +€13,025 | +1,449% |
| Taxes, remuneration and social security | 45 | €6,613 | €6,517 | -€96 | -1.4% |
| Taxes | 450/3 | €6,613 | €6,517 | -€96 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,482 | €1,907 | -€2,576 | -57.5% |
| Other operating charges | 640/8 | €1,284 | €1,273 | -€12 | -0.9% |
| Gross operating margin | 9900 | €9,134 | €13,306 | +€4,171 | +45.7% |
| Operating profit (loss) | 9901 | €3,367 | €10,126 | +€6,758 | +201% |
| Financial income | 75/76B | €3,664 | €3,457 | -€207 | -5.7% |
| Recurring financial income | 75 | €3,664 | €3,457 | -€207 | -5.7% |
| Financial charges | 65/66B | €517 | €201 | -€315 | -61.0% |
| Recurring financial charges | 65 | €517 | €201 | -€315 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €6,515 | €13,381 | +€6,866 | +105% |
| Income taxes | 67/77 | €2,180 | €5,460 | +€3,280 | +150% |
| Profit (loss) for the period | 9904 | €4,335 | €7,921 | +€3,586 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,335 | €7,921 | +€3,586 | +82.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.