FRAICHEUR: 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.
FRAICHEUR
Largest movements
- Cash +€57,375
up €57,375 (+24.8%), from €231,205 to €288,581
mainly Net result for the year (+€50,901) and Receivables within one year (+€45,647)
- Receivables within one year -€45,647
down €45,647 (-39.2%), from €116,311 to €70,663
of which Other amounts receivable: -€23,935
- Stocks and contracts +€4,883
up €4,883 (+28.3%), from €17,229 to €22,112
- Reserves +€50,901
up €50,901 (+21.6%), from €235,729 to €286,630
of which Distributable reserves: +€50,901
- Other debts -€27,447
down €27,447 (-100.0%), from €27,447 to €0
- Tax, wage and social debts -€6,447
down €6,447 (-18.6%), from €34,672 to €28,224
of which Remuneration and social security: -€7,274
- Depreciation -€3,710
down €3,710 (-20.9%), from €17,760 to €14,049
- Staff costs -€3,222
down €3,222 (-1.4%), from €227,605 to €224,384
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.
Cash bridge derived
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 | €399,737 | €418,530 | +€18,793 | +4.7% |
| Fixed assets | 21/28 | €29,295 | €33,395 | +€4,099 | +14.0% |
| Tangible fixed assets | 22/27 | €29,047 | €33,147 | +€4,099 | +14.1% |
| Plant, machinery and equipment | 23 | €14,561 | €25,048 | +€10,487 | +72.0% |
| Furniture and vehicles | 24 | €5,483 | €135 | -€5,349 | -97.5% |
| Other tangible fixed assets | 26 | €9,003 | €7,964 | -€1,039 | -11.5% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €370,441 | €385,135 | +€14,694 | +4.0% |
| Stocks and contracts in progress | 3 | €17,229 | €22,112 | +€4,883 | +28.3% |
| Stocks | 30/36 | €17,229 | €22,112 | +€4,883 | +28.3% |
| Amounts receivable within one year | 40/41 | €116,311 | €70,663 | -€45,647 | -39.2% |
| Trade receivables | 40 | €87,124 | €65,412 | -€21,712 | -24.9% |
| Other amounts receivable | 41 | €29,187 | €5,251 | -€23,935 | -82.0% |
| Cash at bank and in hand | 54/58 | €231,205 | €288,581 | +€57,375 | +24.8% |
| Deferred charges and accrued income | 490/1 | €5,696 | €3,779 | -€1,917 | -33.7% |
| Total equity and liabilities | 10/49 | €399,737 | €418,530 | +€18,793 | +4.7% |
| Equity | 10/15 | €244,573 | €295,475 | +€50,901 | +20.8% |
| Contributions | 10/11 | €8,845 | €8,845 | = | 0.0% |
| Reserves | 13 | €235,729 | €286,630 | +€50,901 | +21.6% |
| Tax-exempt reserves | 132 | €8,924 | €8,924 | = | 0.0% |
| Distributable reserves | 133 | €226,804 | €277,706 | +€50,901 | +22.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €155,163 | €123,055 | -€32,108 | -20.7% |
| Amounts payable within one year | 42/48 | €155,163 | €123,037 | -€32,127 | -20.7% |
| Trade debts | 44 | €93,045 | €94,812 | +€1,768 | +1.9% |
| Suppliers | 440/4 | €93,045 | €94,812 | +€1,768 | +1.9% |
| Taxes, remuneration and social security | 45 | €34,672 | €28,224 | -€6,447 | -18.6% |
| Taxes | 450/3 | €4,137 | €4,963 | +€826 | +20.0% |
| Remuneration and social security | 454/9 | €30,535 | €23,262 | -€7,274 | -23.8% |
| Other amounts payable | 47/48 | €27,447 | €0 | -€27,447 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €18 | +€18 | |
| Remuneration, social security and pensions | 62 | €227,605 | €224,384 | -€3,222 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,760 | €14,049 | -€3,710 | -20.9% |
| Other operating charges | 640/8 | €909 | €1,001 | +€92 | +10.1% |
| Gross operating margin | 9900 | €314,164 | €312,637 | -€1,527 | -0.5% |
| Operating profit (loss) | 9901 | €67,889 | €73,202 | +€5,313 | +7.8% |
| Financial income | 75/76B | €5 | €1 | -€4 | -88.2% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -88.2% |
| Financial charges | 65/66B | €184 | €193 | +€9 | +4.9% |
| Recurring financial charges | 65 | €184 | €193 | +€9 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €67,710 | €73,010 | +€5,300 | +7.8% |
| Income taxes | 67/77 | €20,494 | €22,109 | +€1,615 | +7.9% |
| Profit (loss) for the period | 9904 | €47,216 | €50,901 | +€3,685 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,216 | €50,901 | +€3,685 | +7.8% |
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 10 October 2026 via checked.be.