FRAGRIMA: 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.
FRAGRIMA
Largest movements
- Cash -€39,304
down €39,304 (-65.1%), from €60,385 to €21,080
mainly Net result for the year (-€29,879) and Trade debts (-€15,601)
- Tangible fixed assets -€27,101
down €27,101 (-2.7%), from €987,372 to €960,270
of which Land and buildings: -€32,756
- Reserves -€29,879
down €29,879 (-3.3%), from €917,444 to €887,565
of which Distributable reserves: -€16,081
- Trade debts -€15,601
down €15,601 (-98.1%), from €15,907 to €306
- Other debts -€12,744
down €12,744 (-26.1%), from €48,864 to €36,120
- Gross operating margin +€5,632
up €5,632, from -€1,042 to €4,590
- Other operating charges -€5,311
down €5,311 (-81.4%), from €6,524 to €1,213
- Financial income -€2,876
down €2,876 (-95.8%), from €3,003 to €127
- Financial charges -€1,294
down €1,294 (-79.6%), from €1,625 to €331
- Depreciation +€607
up €607 (+1.6%), from €36,906 to €37,513
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 | €1,088,814 | €1,028,437 | -€60,376 | -5.5% |
| Fixed assets | 21/28 | €987,372 | €960,270 | -€27,101 | -2.7% |
| Tangible fixed assets | 22/27 | €987,372 | €960,270 | -€27,101 | -2.7% |
| Land and buildings | 22 | €962,984 | €930,228 | -€32,756 | -3.4% |
| Plant, machinery and equipment | 23 | €21,026 | €18,385 | -€2,641 | -12.6% |
| Furniture and vehicles | 24 | €1,962 | €10,258 | +€8,296 | +423% |
| Other tangible fixed assets | 26 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €101,442 | €68,167 | -€33,275 | -32.8% |
| Amounts receivable within one year | 40/41 | €1,044 | €8,319 | +€7,275 | +697% |
| Trade receivables | 40 | €0 | €4,253 | +€4,253 | |
| Other amounts receivable | 41 | €1,044 | €4,066 | +€3,022 | +290% |
| Current investments | 50/53 | €37,185 | €37,185 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,385 | €21,080 | -€39,304 | -65.1% |
| Deferred charges and accrued income | 490/1 | €2,829 | €1,582 | -€1,246 | -44.1% |
| Total equity and liabilities | 10/49 | €1,088,814 | €1,028,437 | -€60,376 | -5.5% |
| Equity | 10/15 | €1,016,644 | €986,765 | -€29,879 | -2.9% |
| Contributions | 10/11 | €99,200 | €99,200 | = | 0.0% |
| Reserves | 13 | €917,444 | €887,565 | -€29,879 | -3.3% |
| Tax-exempt reserves | 132 | €13,799 | €0 | -€13,799 | -100% |
| Distributable reserves | 133 | €903,646 | €887,565 | -€16,081 | -1.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €4,599 | €0 | -€4,599 | -100% |
| Deferred taxes | 168 | €4,599 | €0 | -€4,599 | -100% |
| Amounts payable | 17/49 | €67,570 | €41,672 | -€25,897 | -38.3% |
| Amounts payable within one year | 42/48 | €67,570 | €41,672 | -€25,897 | -38.3% |
| Trade debts | 44 | €15,907 | €306 | -€15,601 | -98.1% |
| Suppliers | 440/4 | €15,907 | €306 | -€15,601 | -98.1% |
| Advances received on contracts in progress | 46 | - | €5,146 | +€5,146 | |
| Taxes, remuneration and social security | 45 | €2,799 | €100 | -€2,699 | -96.4% |
| Taxes | 450/3 | €2,799 | €100 | -€2,699 | -96.4% |
| Other amounts payable | 47/48 | €48,864 | €36,120 | -€12,744 | -26.1% |
| Non-recurring operating income | 76A | €7,830 | €0 | -€7,830 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,906 | €37,513 | +€607 | +1.6% |
| Other operating charges | 640/8 | €6,524 | €1,213 | -€5,311 | -81.4% |
| Gross operating margin | 9900 | -€1,042 | €4,590 | +€5,632 | |
| Operating profit (loss) | 9901 | -€44,472 | -€34,136 | +€10,337 | +23.2% |
| Financial income | 75/76B | €3,003 | €127 | -€2,876 | -95.8% |
| Recurring financial income | 75 | €3,003 | €127 | -€2,876 | -95.8% |
| Financial charges | 65/66B | €1,625 | €331 | -€1,294 | -79.6% |
| Recurring financial charges | 65 | €1,625 | €331 | -€1,294 | -79.6% |
| Profit (loss) for the period before taxes | 9903 | -€43,095 | -€34,340 | +€8,755 | +20.3% |
| Transfer from deferred taxes | 780 | €7,389 | €4,599 | -€2,789 | -37.8% |
| Income taxes | 67/77 | €128 | €138 | +€10 | +8.1% |
| Profit (loss) for the period | 9904 | -€35,834 | -€29,879 | +€5,955 | +16.6% |
| Transfer from tax-exempt reserves | 789 | €22,167 | €13,799 | -€8,368 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,667 | -€16,081 | -€2,413 | -17.7% |
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 21 October 2026 via checked.be.