FRAîCHE: what changed
Two fiscal 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.
FRAîCHE
Largest movements
- Tangible fixed assets -€33,103
down €33,103 (-5.8%), from €572,331 to €539,228
of which Land and buildings: -€16,822
- Cash -€27,413
down €27,413 (-23.0%), from €119,000 to €91,587
mainly Trade debts (-€63,369) and Debts after one year (-€17,859)
- Trade debts -€63,369
down €63,369 (-50.0%), from €126,723 to €63,354
- Debts after one year -€17,859
down €17,859 (-4.6%), from €386,600 to €368,741
- Profit (loss) carried forward +€17,568
up €17,568 (+38.6%), from €45,503 to €63,071
- Tax, wage and social debts -€11,277
down €11,277 (-36.4%), from €31,019 to €19,742
of which Remuneration and social security: -€8,215
- Other debts +€8,139
up €8,139 (+14.7%), from €55,505 to €63,644
- Gross operating margin +€12,521
up €12,521 (+10.8%), from €115,856 to €128,376
- Taxes +€2,891
up €2,891 (+83.8%), from €3,448 to €6,339
- Other operating charges -€1,769
down €1,769 (-31.6%), from €5,593 to €3,823
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €728,388 | €662,801 | -€65,586 | -9.0% |
| Fixed assets | 21/28 | €574,113 | €540,984 | -€33,129 | -5.8% |
| Tangible fixed assets | 22/27 | €572,331 | €539,228 | -€33,103 | -5.8% |
| Land and buildings | 22 | €526,629 | €509,807 | -€16,822 | -3.2% |
| Plant, machinery and equipment | 23 | €31,027 | €27,272 | -€3,755 | -12.1% |
| Furniture and vehicles | 24 | €14,675 | €2,149 | -€12,526 | -85.4% |
| Financial fixed assets | 28 | €1,782 | €1,755 | -€26 | -1.5% |
| Current assets | 29/58 | €154,275 | €121,818 | -€32,457 | -21.0% |
| Stocks and contracts in progress | 3 | €26,000 | €19,000 | -€7,000 | -26.9% |
| Stocks | 30/36 | €26,000 | €19,000 | -€7,000 | -26.9% |
| Amounts receivable within one year | 40/41 | €9,275 | €11,230 | +€1,956 | +21.1% |
| Trade receivables | 40 | €7,214 | €1,432 | -€5,782 | -80.1% |
| Other amounts receivable | 41 | €2,061 | €9,798 | +€7,737 | +375.4% |
| Cash at bank and in hand | 54/58 | €119,000 | €91,587 | -€27,413 | -23.0% |
| Total equity and liabilities | 10/49 | €728,388 | €662,801 | -€65,586 | -9.0% |
| Equity | 10/15 | €111,143 | €128,711 | +€17,568 | +15.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €53,241 | €53,241 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13 | €13 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13 | €13 | = | 0.0% |
| Distributable reserves | 133 | €53,228 | €53,228 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,503 | €63,071 | +€17,568 | +38.6% |
| Amounts payable | 17/49 | €617,245 | €534,090 | -€83,154 | -13.5% |
| Amounts payable after more than one year | 17 | €386,600 | €368,741 | -€17,859 | -4.6% |
| Financial debts | 170/4 | €386,600 | €368,741 | -€17,859 | -4.6% |
| Amounts payable within one year | 42/48 | €230,645 | €164,599 | -€66,046 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €17,398 | €17,859 | +€461 | +2.7% |
| Trade debts | 44 | €126,723 | €63,354 | -€63,369 | -50.0% |
| Suppliers | 440/4 | €126,723 | €63,354 | -€63,369 | -50.0% |
| Taxes, remuneration and social security | 45 | €31,019 | €19,742 | -€11,277 | -36.4% |
| Taxes | 450/3 | €17,146 | €14,083 | -€3,063 | -17.9% |
| Remuneration and social security | 454/9 | €13,874 | €5,659 | -€8,215 | -59.2% |
| Other amounts payable | 47/48 | €55,505 | €63,644 | +€8,139 | +14.7% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Non-recurring operating income | 76A | €4,132 | €4,375 | +€243 | +5.9% |
| Remuneration, social security and pensions | 62 | €60,282 | €61,374 | +€1,093 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,546 | €26,838 | +€292 | +1.1% |
| Other operating charges | 640/8 | €5,593 | €3,823 | -€1,769 | -31.6% |
| Gross operating margin | 9900 | €115,856 | €128,376 | +€12,521 | +10.8% |
| Operating profit (loss) | 9901 | €23,436 | €36,341 | +€12,905 | +55.1% |
| Financial income | 75/76B | €14 | €0 | -€13 | -96.5% |
| Recurring financial income | 75 | €14 | €0 | -€13 | -96.5% |
| Financial charges | 65/66B | €12,414 | €12,434 | +€20 | +0.2% |
| Recurring financial charges | 65 | €12,414 | €12,434 | +€20 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €11,036 | €23,907 | +€12,871 | +116.6% |
| Income taxes | 67/77 | €3,448 | €6,339 | +€2,891 | +83.8% |
| Profit (loss) for the period | 9904 | €7,587 | €17,568 | +€9,981 | +131.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,587 | €17,568 | +€9,981 | +131.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.