FRAIDILUX: 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.
FRAIDILUX
Largest movements
- Cash +€190,363
up €190,363 (+16.2%), from €1.2m to €1.4m
mainly Net result for the year (+€276,139) and Receivables within one year (+€12,455)
- Reserves +€199,113
up €199,113 (+14.7%), from €1.4m to €1.6m
of which Distributable reserves: +€199,113
- Other debts -€25,758
down €25,758 (-24.0%), from €107,283 to €81,525
- Taxes -€52,001
down €52,001 (-34.5%), from €150,663 to €98,661
- Gross operating margin -€39,661
down €39,661 (-5.8%), from €678,379 to €638,717
- Staff costs +€32,601
up €32,601 (+18.1%), from €180,435 to €213,036
- Other operating charges +€25,424
up €25,424 (+139.9%), from €18,174 to €43,599
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 | €2,260,500 | €2,427,003 | +€166,503 | +7.4% |
| Fixed assets | 21/28 | €47,944 | €47,519 | -€426 | -0.9% |
| Tangible fixed assets | 22/27 | €47,944 | €47,519 | -€426 | -0.9% |
| Land and buildings | 22 | €9,722 | €7,778 | -€1,944 | -20.0% |
| Plant, machinery and equipment | 23 | €31,010 | €34,604 | +€3,594 | +11.6% |
| Furniture and vehicles | 24 | €5,256 | €4,264 | -€992 | -18.9% |
| Leasing and similar rights | 25 | €1,956 | €873 | -€1,083 | -55.4% |
| Current assets | 29/58 | €2,212,556 | €2,379,484 | +€166,928 | +7.5% |
| Stocks and contracts in progress | 3 | €240,300 | €228,534 | -€11,766 | -4.9% |
| Stocks | 30/36 | €240,300 | €228,534 | -€11,766 | -4.9% |
| Amounts receivable within one year | 40/41 | €791,098 | €778,643 | -€12,455 | -1.6% |
| Trade receivables | 40 | €702,003 | €721,935 | +€19,933 | +2.8% |
| Other amounts receivable | 41 | €89,095 | €56,708 | -€32,388 | -36.4% |
| Cash at bank and in hand | 54/58 | €1,174,819 | €1,365,182 | +€190,363 | +16.2% |
| Deferred charges and accrued income | 490/1 | €6,339 | €7,126 | +€787 | +12.4% |
| Total equity and liabilities | 10/49 | €2,260,500 | €2,427,003 | +€166,503 | +7.4% |
| Equity | 10/15 | €1,489,464 | €1,688,578 | +€199,113 | +13.4% |
| Contributions | 10/11 | €136,985 | €136,985 | = | 0.0% |
| Reserves | 13 | €1,352,479 | €1,551,593 | +€199,113 | +14.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,346,279 | €1,545,393 | +€199,113 | +14.8% |
| Amounts payable | 17/49 | €771,036 | €738,426 | -€32,611 | -4.2% |
| Amounts payable within one year | 42/48 | €771,036 | €738,426 | -€32,611 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €38 | - | -€38 | |
| Trade debts | 44 | €630,854 | €618,233 | -€12,622 | -2.0% |
| Suppliers | 440/4 | €630,854 | €618,233 | -€12,622 | -2.0% |
| Taxes, remuneration and social security | 45 | €32,861 | €38,668 | +€5,807 | +17.7% |
| Taxes | 450/3 | €5,413 | €3,851 | -€1,561 | -28.8% |
| Remuneration and social security | 454/9 | €27,448 | €34,817 | +€7,369 | +26.8% |
| Other amounts payable | 47/48 | €107,283 | €81,525 | -€25,758 | -24.0% |
| Non-recurring operating income | 76A | €6,557 | €15,141 | +€8,584 | +130.9% |
| Remuneration, social security and pensions | 62 | €180,435 | €213,036 | +€32,601 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,760 | €11,525 | +€2,765 | +31.6% |
| Other operating charges | 640/8 | €18,174 | €43,599 | +€25,424 | +139.9% |
| Gross operating margin | 9900 | €678,379 | €638,717 | -€39,661 | -5.8% |
| Operating profit (loss) | 9901 | €471,009 | €370,557 | -€100,452 | -21.3% |
| Financial income | 75/76B | €13,638 | €11,747 | -€1,891 | -13.9% |
| Recurring financial income | 75 | €13,638 | €11,747 | -€1,891 | -13.9% |
| Financial charges | 65/66B | €3,017 | €7,504 | +€4,486 | +148.7% |
| Recurring financial charges | 65 | €3,017 | €7,504 | +€4,486 | +148.7% |
| Profit (loss) for the period before taxes | 9903 | €481,630 | €374,800 | -€106,830 | -22.2% |
| Income taxes | 67/77 | €150,663 | €98,661 | -€52,001 | -34.5% |
| Profit (loss) for the period | 9904 | €330,967 | €276,139 | -€54,829 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €330,967 | €276,139 | -€54,829 | -16.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.