FRALAT: 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.
FRALAT
Largest movements
- Stocks and contracts -€513,472
down €513,472 (-62.0%), from €828,812 to €315,340
- Cash +€80,833
up €80,833 (+7050.0%), from €1,147 to €81,980
mainly Stocks and contracts (+€513,472) and Net result for the year (+€164,619)
- Other debts -€594,169
down €594,169 (-60.1%), from €988,692 to €394,523
- Profit (loss) carried forward +€161,619
up €161,619, from -€112,263 to €49,355
- Purchases and services +€503,644
up €503,644 (+977.4%), from €51,527 to €555,171
- Gross operating margin +€224,445
up €224,445, from -€48,466 to €175,979
- Financial charges +€5,680
up €5,680 (+2187.8%), from €260 to €5,940
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 | €897,735 | €464,746 | -€432,989 | -48.2% |
| Fixed assets | 21/28 | €67,242 | €63,015 | -€4,227 | -6.3% |
| Tangible fixed assets | 22/27 | €5,242 | €1,015 | -€4,227 | -80.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €5,242 | €1,015 | -€4,227 | -80.6% |
| Financial fixed assets | 28 | €62,000 | €62,000 | = | 0.0% |
| Current assets | 29/58 | €830,493 | €401,731 | -€428,762 | -51.6% |
| Stocks and contracts in progress | 3 | €828,812 | €315,340 | -€513,472 | -62.0% |
| Stocks | 30/36 | €828,812 | €315,340 | -€513,472 | -62.0% |
| Amounts receivable within one year | 40/41 | €57 | €4,411 | +€4,354 | +7673.4% |
| Other amounts receivable | 41 | €57 | €4,411 | +€4,354 | +7673.4% |
| Cash at bank and in hand | 54/58 | €1,147 | €81,980 | +€80,833 | +7050.0% |
| Deferred charges and accrued income | 490/1 | €477 | - | -€477 | |
| Total equity and liabilities | 10/49 | €897,735 | €464,746 | -€432,989 | -48.2% |
| Equity | 10/15 | -€91,858 | €69,760 | +€161,619 | |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,263 | €49,355 | +€161,619 | |
| Amounts payable | 17/49 | €989,593 | €394,986 | -€594,607 | -60.1% |
| Amounts payable within one year | 42/48 | €989,593 | €394,986 | -€594,607 | -60.1% |
| Trade debts | 44 | €387 | €201 | -€186 | -48.1% |
| Suppliers | 440/4 | €387 | €201 | -€186 | -48.1% |
| Taxes, remuneration and social security | 45 | €514 | €262 | -€252 | -49.0% |
| Taxes | 450/3 | €514 | €262 | -€252 | -49.0% |
| Other amounts payable | 47/48 | €988,692 | €394,523 | -€594,169 | -60.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,527 | €555,171 | +€503,644 | +977.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,227 | €4,227 | = | 0.0% |
| Other operating charges | 640/8 | €1,148 | €231 | -€916 | -79.9% |
| Gross operating margin | 9900 | -€48,466 | €175,979 | +€224,445 | |
| Operating profit (loss) | 9901 | -€53,840 | €171,521 | +€225,361 | |
| Financial charges | 65/66B | €260 | €5,940 | +€5,680 | +2187.8% |
| Recurring financial charges | 65 | €260 | €5,940 | +€5,680 | +2187.8% |
| Profit (loss) for the period before taxes | 9903 | -€54,100 | €165,581 | +€219,681 | |
| Income taxes | 67/77 | €258 | €962 | +€704 | +272.5% |
| Profit (loss) for the period | 9904 | -€54,358 | €164,619 | +€218,977 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,358 | €164,619 | +€218,977 |
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 1 October 2026 via checked.be.