FRAGILLE: 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.
FRAGILLE
Largest movements
- Tangible fixed assets +€24,643
up €24,643 (+729%), from €3,379 to €28,022
- Receivables within one year +€10,391
up €10,391 (+58.9%), from €17,635 to €28,025
of which Trade receivables: +€16,093
- Deferred charges and accrued income +€4,110
new in 2025: €4,110
- Cash -€3,613
down €3,613 (-8.8%), from €40,886 to €37,273
mainly Investment in fixed assets (net) (-€34,770) and Net result for the year (-€15,178)
- Financial fixed assets -€1,200
no longer reported in 2025 (was €1,200)
- Other debts +€25,297
up €25,297 (+2,099%), from €1,205 to €26,503
- Debts after one year +€17,868
new in 2025: €17,868
- Reserves -€15,178
down €15,178 (-38.8%), from €39,089 to €23,910
- Tax, wage and social debts +€13,727
up €13,727 (+317%), from €4,328 to €18,055
of which Taxes: +€10,340
- Advances received -€8,942
no longer reported in 2025 (was €8,942)
- Gross operating margin -€44,871
down €44,871 (-68.7%), from €65,344 to €20,473
- Staff costs +€18,846
up €18,846 (+2,770%), from €680 to €19,526
- Taxes -€10,599
down €10,599 (-91.7%), from €11,555 to €956
- Depreciation +€10,207
up €10,207 (+911%), from €1,121 to €11,327
- Financial charges -€8,686
down €8,686 (-77.7%), from €11,183 to €2,496
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 | €63,100 | €97,430 | +€34,330 | +54.4% |
| Fixed assets | 21/28 | €4,579 | €28,022 | +€23,443 | +512% |
| Tangible fixed assets | 22/27 | €3,379 | €28,022 | +€24,643 | +729% |
| Furniture and vehicles | 24 | €3,379 | €28,022 | +€24,643 | +729% |
| Financial fixed assets | 28 | €1,200 | - | -€1,200 | |
| Current assets | 29/58 | €58,521 | €69,408 | +€10,888 | +18.6% |
| Amounts receivable within one year | 40/41 | €17,635 | €28,025 | +€10,391 | +58.9% |
| Trade receivables | 40 | €9,889 | €25,982 | +€16,093 | +163% |
| Other amounts receivable | 41 | €7,746 | €2,044 | -€5,703 | -73.6% |
| Cash at bank and in hand | 54/58 | €40,886 | €37,273 | -€3,613 | -8.8% |
| Deferred charges and accrued income | 490/1 | - | €4,110 | +€4,110 | |
| Total equity and liabilities | 10/49 | €63,100 | €97,430 | +€34,330 | +54.4% |
| Equity | 10/15 | €44,089 | €28,910 | -€15,178 | -34.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,089 | €23,910 | -€15,178 | -38.8% |
| Distributable reserves | 133 | €39,089 | €23,910 | -€15,178 | -38.8% |
| Amounts payable | 17/49 | €19,011 | €68,520 | +€49,508 | +260% |
| Amounts payable after more than one year | 17 | - | €17,868 | +€17,868 | |
| Financial debts | 170/4 | - | €17,868 | +€17,868 | |
| Amounts payable within one year | 42/48 | €19,011 | €50,651 | +€31,640 | +166% |
| Current portion of amounts payable after more than one year | 42 | - | €4,940 | +€4,940 | |
| Trade debts | 44 | €4,536 | €1,154 | -€3,382 | -74.6% |
| Suppliers | 440/4 | €4,536 | €1,154 | -€3,382 | -74.6% |
| Advances received on contracts in progress | 46 | €8,942 | - | -€8,942 | |
| Taxes, remuneration and social security | 45 | €4,328 | €18,055 | +€13,727 | +317% |
| Taxes | 450/3 | €2,328 | €12,667 | +€10,340 | +444% |
| Remuneration and social security | 454/9 | €2,000 | €5,387 | +€3,387 | +169% |
| Other amounts payable | 47/48 | €1,205 | €26,503 | +€25,297 | +2,099% |
| Remuneration, social security and pensions | 62 | €680 | €19,526 | +€18,846 | +2,770% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,121 | €11,327 | +€10,207 | +911% |
| Other operating charges | 640/8 | €861 | €1,410 | +€549 | +63.7% |
| Gross operating margin | 9900 | €65,344 | €20,473 | -€44,871 | -68.7% |
| Operating profit (loss) | 9901 | €62,682 | -€11,790 | -€74,472 | |
| Financial income | 75/76B | €4 | €65 | +€61 | +1,725% |
| Recurring financial income | 75 | €4 | €65 | +€61 | +1,725% |
| Financial charges | 65/66B | €11,183 | €2,496 | -€8,686 | -77.7% |
| Recurring financial charges | 65 | €11,183 | €2,496 | -€8,686 | -77.7% |
| Profit (loss) for the period before taxes | 9903 | €51,503 | -€14,222 | -€65,725 | |
| Income taxes | 67/77 | €11,555 | €956 | -€10,599 | -91.7% |
| Profit (loss) for the period | 9904 | €39,948 | -€15,178 | -€55,126 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,948 | -€15,178 | -€55,126 |
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 19 October 2026 via checked.be.