FRALOMAT: 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.
FRALOMAT
Largest movements
- Receivables within one year +€27,618
up €27,618 (+51.4%), from €53,764 to €81,382
of which Other amounts receivable: +€27,618
- Tangible fixed assets -€3,615
down €3,615 (-41.8%), from €8,647 to €5,032
of which Furniture and vehicles: -€3,615
- Reserves +€31,000
up €31,000 (+33.6%), from €92,360 to €123,360
of which Distributable reserves: +€31,000
- Debts after one year -€8,999
down €8,999 (-29.0%), from €31,001 to €22,002
- Tax, wage and social debts +€7,524
up €7,524 (+79.5%), from €9,461 to €16,985
of which Taxes: +€7,463
- Current portion of long-term debt -€4,147
no longer reported in 2024 (was €4,147)
- Trade debts -€3,890
down €3,890 (-5.6%), from €70,057 to €66,167
- Gross operating margin +€13,800
up €13,800 (+34.6%), from €39,863 to €53,662
- Taxes -€5,713
down €5,713 (-25.1%), from €22,775 to €17,063
- Other operating charges -€1,321
down €1,321 (-49.5%), from €2,669 to €1,349
- Depreciation +€980
up €980 (+37.2%), from €2,635 to €3,615
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €299,485 | €321,078 | +€21,593 | +7.2% |
| Fixed assets | 21/28 | €232,647 | €229,032 | -€3,615 | -1.6% |
| Tangible fixed assets | 22/27 | €8,647 | €5,032 | -€3,615 | -41.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €8,647 | €5,032 | -€3,615 | -41.8% |
| Financial fixed assets | 28 | €224,000 | €224,000 | = | 0.0% |
| Current assets | 29/58 | €66,837 | €92,046 | +€25,209 | +37.7% |
| Amounts receivable within one year | 40/41 | €53,764 | €81,382 | +€27,618 | +51.4% |
| Trade receivables | 40 | €4,077 | €4,077 | = | 0.0% |
| Other amounts receivable | 41 | €49,687 | €77,304 | +€27,618 | +55.6% |
| Cash at bank and in hand | 54/58 | €11,134 | €8,625 | -€2,509 | -22.5% |
| Deferred charges and accrued income | 490/1 | €1,939 | €2,039 | +€100 | +5.1% |
| Total equity and liabilities | 10/49 | €299,485 | €321,078 | +€21,593 | +7.2% |
| Equity | 10/15 | €178,924 | €210,031 | +€31,107 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,360 | €123,360 | +€31,000 | +33.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €90,500 | €121,500 | +€31,000 | +34.3% |
| Profit (loss) carried forward | 14 | €67,964 | €68,071 | +€107 | +0.2% |
| Amounts payable | 17/49 | €120,561 | €111,047 | -€9,514 | -7.9% |
| Amounts payable after more than one year | 17 | €31,001 | €22,002 | -€8,999 | -29.0% |
| Financial debts | 170/4 | €31,001 | €22,002 | -€8,999 | -29.0% |
| Amounts payable within one year | 42/48 | €89,560 | €89,044 | -€515 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €4,147 | - | -€4,147 | |
| Financial debts | 43 | €5,894 | €5,892 | -€2 | 0.0% |
| Credit institutions | 430/8 | €5,894 | €5,892 | -€2 | 0.0% |
| Trade debts | 44 | €70,057 | €66,167 | -€3,890 | -5.6% |
| Suppliers | 440/4 | €70,057 | €66,167 | -€3,890 | -5.6% |
| Taxes, remuneration and social security | 45 | €9,461 | €16,985 | +€7,524 | +79.5% |
| Taxes | 450/3 | €9,461 | €16,924 | +€7,463 | +78.9% |
| Remuneration and social security | 454/9 | €0 | €61 | +€61 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,635 | €3,615 | +€980 | +37.2% |
| Other operating charges | 640/8 | €2,669 | €1,349 | -€1,321 | -49.5% |
| Gross operating margin | 9900 | €39,863 | €53,662 | +€13,800 | +34.6% |
| Operating profit (loss) | 9901 | €34,558 | €48,699 | +€14,140 | +40.9% |
| Financial charges | 65/66B | €849 | €529 | -€321 | -37.7% |
| Recurring financial charges | 65 | €849 | €529 | -€321 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €33,709 | €48,170 | +€14,461 | +42.9% |
| Income taxes | 67/77 | €22,775 | €17,063 | -€5,713 | -25.1% |
| Profit (loss) for the period | 9904 | €10,934 | €31,107 | +€20,173 | +184.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,934 | €31,107 | +€20,173 | +184.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.