FRAIKIN Luc: what changed
What changed
FRAIKIN Luc
NACE 01.110, Growing of cereals (except rice), leguminous crops and oil seeds
filed annual accounts (NBB)
Net result for the year
€11,198
2024 · €10,109+€1,089
Equity
€228,390
2024 · €217,193+€11,198
Cash
€273,551
2024 · €312,201-€38,650
Balance sheet total
€833,476
2024 · €713,210+€120,266
Largest movements
Assets
- Tangible fixed assets +€106,009
up €106,009 (+151%), from €70,075 to €176,084
of which Furniture and vehicles: +€105,862
- Receivables within one year +€55,915
up €55,915 (+151%), from €36,976 to €92,891
of which Trade receivables: +€30,917
- Cash -€38,650
down €38,650 (-12.4%), from €312,201 to €273,551
mainly Investment in fixed assets (net) (-€124,677) and Receivables within one year (-€55,915)
Equity and liabilities
- Accrued charges and deferred income +€66,092
up €66,092 (+53.9%), from €122,720 to €188,812
- Debts after one year +€32,331
up €32,331 (+24.9%), from €129,683 to €162,015
of which Financial debts: +€32,331
- Current portion of long-term debt +€15,284
up €15,284 (+118%), from €12,960 to €28,244
- Profit (loss) carried forward +€11,198
up €11,198 (+91.8%), from €12,193 to €23,390
Income statement
- Gross operating margin +€2,105
up €2,105 (+7.3%), from €28,693 to €30,798
- Depreciation +€1,092
up €1,092 (+6.2%), from €17,575 to €18,668
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€10,109
Gross operating margin
+€2,105
Depreciation
-€1,092
Other operating charges
+€190
Financial income
-€245
Financial charges
+€142
Taxes
-€9
Result 2025
€11,198
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€38,412
Investment
-€124,677
Financing
+€47,615
Cash 2024
€312,201
From operations (derived)
+€38,412
Net result for the year
+€11,198
Depreciation
+€18,668
Stocks and contracts
+€616
Receivables within one year
-€55,915
Deferred charges and accrued income
+€2,391
Trade debts
-€6,453
Tax, wage and social debts
+€2,586
Other debts
-€772
Accrued charges and deferred income
+€66,092
Investment (derived)
-€124,677
Investment in fixed assets (net)
-€124,677
Financing
+€47,615
Debts after one year
+€32,331
Current portion of long-term debt
+€15,284
Cash 2025
€273,551
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €713,210 | €833,476 | +€120,266 | +16.9% |
| Fixed assets | 21/28 | €87,139 | €193,148 | +€106,009 | +122% |
| Intangible fixed assets | 21 | €3 | €3 | = | 0.0% |
| Tangible fixed assets | 22/27 | €70,075 | €176,084 | +€106,009 | +151% |
| Land and buildings | 22 | €5,775 | €4,400 | -€1,375 | -23.8% |
| Plant, machinery and equipment | 23 | €4,870 | €6,392 | +€1,522 | +31.3% |
| Furniture and vehicles | 24 | €59,430 | €165,292 | +€105,862 | +178% |
| Financial fixed assets | 28 | €17,061 | €17,061 | = | 0.0% |
| Current assets | 29/58 | €626,071 | €640,328 | +€14,257 | +2.3% |
| Stocks and contracts in progress | 3 | €273,012 | €272,396 | -€616 | -0.2% |
| Stocks | 30/36 | €273,012 | €272,396 | -€616 | -0.2% |
| Amounts receivable within one year | 40/41 | €36,976 | €92,891 | +€55,915 | +151% |
| Trade receivables | 40 | €35,369 | €66,285 | +€30,917 | +87.4% |
| Other amounts receivable | 41 | €1,607 | €26,605 | +€24,998 | +1,555% |
| Cash at bank and in hand | 54/58 | €312,201 | €273,551 | -€38,650 | -12.4% |
| Deferred charges and accrued income | 490/1 | €3,882 | €1,491 | -€2,391 | -61.6% |
| Total equity and liabilities | 10/49 | €713,210 | €833,476 | +€120,266 | +16.9% |
| Equity | 10/15 | €217,193 | €228,390 | +€11,198 | +5.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,193 | €23,390 | +€11,198 | +91.8% |
| Amounts payable | 17/49 | €496,017 | €605,086 | +€109,069 | +22.0% |
| Amounts payable after more than one year | 17 | €129,683 | €162,015 | +€32,331 | +24.9% |
| Financial debts | 170/4 | €29,683 | €62,015 | +€32,331 | +109% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €243,613 | €254,259 | +€10,646 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €12,960 | €28,244 | +€15,284 | +118% |
| Trade debts | 44 | €12,795 | €6,343 | -€6,453 | -50.4% |
| Suppliers | 440/4 | €12,795 | €6,343 | -€6,453 | -50.4% |
| Taxes, remuneration and social security | 45 | €5,000 | €7,586 | +€2,586 | +51.7% |
| Taxes | 450/3 | - | €86 | +€86 | |
| Remuneration and social security | 454/9 | €5,000 | €7,500 | +€2,500 | +50.0% |
| Other amounts payable | 47/48 | €212,858 | €212,086 | -€772 | -0.4% |
| Accrued charges and deferred income | 492/3 | €122,720 | €188,812 | +€66,092 | +53.9% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,575 | €18,668 | +€1,092 | +6.2% |
| Other operating charges | 640/8 | €740 | €550 | -€190 | -25.6% |
| Gross operating margin | 9900 | €28,693 | €30,798 | +€2,105 | +7.3% |
| Operating profit (loss) | 9901 | €10,378 | €11,580 | +€1,202 | +11.6% |
| Financial income | 75/76B | €457 | €211 | -€245 | -53.7% |
| Recurring financial income | 75 | €457 | €211 | -€245 | -53.7% |
| Financial charges | 65/66B | €598 | €456 | -€142 | -23.7% |
| Recurring financial charges | 65 | €598 | €456 | -€142 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €10,237 | €11,335 | +€1,098 | +10.7% |
| Income taxes | 67/77 | €128 | €137 | +€9 | +7.4% |
| Profit (loss) for the period | 9904 | €10,109 | €11,198 | +€1,089 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,109 | €11,198 | +€1,089 | +10.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.