FRAJODIS: 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.
FRAJODIS
Largest movements
- Receivables within one year +€105,337
up €105,337 (+22.7%), from €464,906 to €570,243
of which Other amounts receivable: +€153,231
- Stocks and contracts -€41,990
down €41,990 (-8.8%), from €479,817 to €437,827
- Cash +€38,602
up €38,602 (+72.1%), from €53,541 to €92,143
mainly Net result for the year (+€123,948) and Stocks and contracts (+€41,990)
- Profit (loss) carried forward +€123,948
up €123,948 (+97.0%), from €127,753 to €251,701
- Trade debts -€38,602
down €38,602 (-80.4%), from €48,007 to €9,405
- Tax, wage and social debts +€17,020
up €17,020 (+123%), from €13,855 to €30,875
of which Taxes: +€16,723
- Gross operating margin +€220,056
up €220,056, from -€12,987 to €207,069
- Taxes +€13,616
new in 2025: €13,616
- Staff costs +€3,003
up €3,003 (+4.8%), from €62,506 to €65,509
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 | €998,264 | €1,100,630 | +€102,366 | +10.3% |
| Current assets | 29/58 | €998,264 | €1,100,630 | +€102,366 | +10.3% |
| Stocks and contracts in progress | 3 | €479,817 | €437,827 | -€41,990 | -8.8% |
| Stocks | 30/36 | €479,817 | €437,827 | -€41,990 | -8.8% |
| Amounts receivable within one year | 40/41 | €464,906 | €570,243 | +€105,337 | +22.7% |
| Trade receivables | 40 | €318,137 | €270,243 | -€47,894 | -15.1% |
| Other amounts receivable | 41 | €146,769 | €300,000 | +€153,231 | +104% |
| Cash at bank and in hand | 54/58 | €53,541 | €92,143 | +€38,602 | +72.1% |
| Deferred charges and accrued income | 490/1 | - | €417 | +€417 | |
| Total equity and liabilities | 10/49 | €998,264 | €1,100,630 | +€102,366 | +10.3% |
| Equity | 10/15 | €936,402 | €1,060,350 | +€123,948 | +13.2% |
| Contributions | 10/11 | €762,000 | €762,000 | = | 0.0% |
| Capital | 10 | €762,000 | €762,000 | = | 0.0% |
| Issued capital | 100 | €762,000 | €762,000 | = | 0.0% |
| Reserves | 13 | €46,649 | €46,649 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,977 | €25,977 | = | 0.0% |
| Legal reserve | 130 | €25,977 | €25,977 | = | 0.0% |
| Distributable reserves | 133 | €20,672 | €20,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,753 | €251,701 | +€123,948 | +97.0% |
| Amounts payable | 17/49 | €61,862 | €40,280 | -€21,582 | -34.9% |
| Amounts payable within one year | 42/48 | €61,862 | €40,280 | -€21,582 | -34.9% |
| Trade debts | 44 | €48,007 | €9,405 | -€38,602 | -80.4% |
| Suppliers | 440/4 | €48,007 | €9,405 | -€38,602 | -80.4% |
| Taxes, remuneration and social security | 45 | €13,855 | €30,875 | +€17,020 | +123% |
| Taxes | 450/3 | €6,120 | €22,843 | +€16,723 | +273% |
| Remuneration and social security | 454/9 | €7,735 | €8,032 | +€297 | +3.8% |
| Non-recurring operating income | 76A | €13,490 | €28,389 | +€14,899 | +110% |
| Remuneration, social security and pensions | 62 | €62,506 | €65,509 | +€3,003 | +4.8% |
| Other operating charges | 640/8 | €1,895 | €1,349 | -€546 | -28.8% |
| Non-recurring operating charges | 66A | €11,079 | €335 | -€10,744 | -97.0% |
| Gross operating margin | 9900 | -€12,987 | €207,069 | +€220,056 | |
| Operating profit (loss) | 9901 | -€88,467 | €139,876 | +€228,343 | |
| Financial income | 75/76B | €1,205 | - | -€1,205 | |
| Recurring financial income | 75 | €1,205 | - | -€1,205 | |
| Financial charges | 65/66B | €2,708 | €2,312 | -€396 | -14.6% |
| Recurring financial charges | 65 | €2,708 | €2,312 | -€396 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€89,970 | €137,564 | +€227,534 | |
| Income taxes | 67/77 | - | €13,616 | +€13,616 | |
| Profit (loss) for the period | 9904 | -€89,970 | €123,948 | +€213,918 | |
| Profit (loss) for the period to be appropriated | 9905 | -€89,970 | €123,948 | +€213,918 |
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 28 October 2026 via checked.be.