FRANK FRUIT SORTERING: 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.
FRANK FRUIT SORTERING
Largest movements
- Receivables within one year +€54,110
up €54,110 (+16.3%), from €332,266 to €386,376
of which Trade receivables: +€119,126
- Tangible fixed assets -€46,538
down €46,538 (-19.6%), from €237,601 to €191,064
of which Plant, machinery and equipment: -€27,441
- Cash +€12,867
up €12,867 (+233%), from €5,517 to €18,384
mainly Net result for the year (+€49,174) and Depreciation (+€46,538)
- Stocks and contracts -€7,558
down €7,558 (-13.0%), from €57,955 to €50,397
- Reserves +€49,174
up €49,174 (+895%), from €5,496 to €54,670
of which Distributable reserves: +€49,174
- Debts after one year -€30,945
down €30,945 (-8.5%), from €363,732 to €332,787
- Trade debts +€10,903
up €10,903 (+6.9%), from €157,108 to €168,011
- Tax, wage and social debts -€8,841
down €8,841 (-20.1%), from €44,011 to €35,170
of which Remuneration and social security: -€5,823
- Staff costs -€144,416
down €144,416 (-44.7%), from €322,721 to €178,305
- Gross operating margin -€139,685
down €139,685 (-32.7%), from €427,626 to €287,942
- Depreciation -€6,882
down €6,882 (-12.9%), from €53,420 to €46,538
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.
Derived cash bridge
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 | €643,310 | €659,408 | +€16,098 | +2.5% |
| Fixed assets | 21/28 | €237,736 | €191,199 | -€46,538 | -19.6% |
| Tangible fixed assets | 22/27 | €237,601 | €191,064 | -€46,538 | -19.6% |
| Land and buildings | 22 | €48,945 | €42,603 | -€6,342 | -13.0% |
| Plant, machinery and equipment | 23 | €140,095 | €112,653 | -€27,441 | -19.6% |
| Leasing and similar rights | 25 | €48,562 | €35,807 | -€12,754 | -26.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €405,574 | €468,209 | +€62,636 | +15.4% |
| Stocks and contracts in progress | 3 | €57,955 | €50,397 | -€7,558 | -13.0% |
| Stocks | 30/36 | €57,955 | €50,397 | -€7,558 | -13.0% |
| Amounts receivable within one year | 40/41 | €332,266 | €386,376 | +€54,110 | +16.3% |
| Trade receivables | 40 | €267,249 | €386,376 | +€119,126 | +44.6% |
| Other amounts receivable | 41 | €65,016 | €0 | -€65,016 | -100% |
| Cash at bank and in hand | 54/58 | €5,517 | €18,384 | +€12,867 | +233% |
| Deferred charges and accrued income | 490/1 | €9,836 | €13,053 | +€3,217 | +32.7% |
| Total equity and liabilities | 10/49 | €643,310 | €659,408 | +€16,098 | +2.5% |
| Equity | 10/15 | €11,796 | €60,970 | +€49,174 | +417% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €5,496 | €54,670 | +€49,174 | +895% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,847 | €2,847 | = | 0.0% |
| Distributable reserves | 133 | €789 | €49,963 | +€49,174 | +6,232% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €631,514 | €598,438 | -€33,076 | -5.2% |
| Amounts payable after more than one year | 17 | €363,732 | €332,787 | -€30,945 | -8.5% |
| Financial debts | 170/4 | €363,732 | €332,787 | -€30,945 | -8.5% |
| Amounts payable within one year | 42/48 | €267,783 | €265,651 | -€2,132 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €35,414 | €30,945 | -€4,469 | -12.6% |
| Financial debts | 43 | €31,250 | €31,000 | -€250 | -0.8% |
| Credit institutions | 430/8 | €31,250 | €31,000 | -€250 | -0.8% |
| Trade debts | 44 | €157,108 | €168,011 | +€10,903 | +6.9% |
| Suppliers | 440/4 | €157,108 | €168,011 | +€10,903 | +6.9% |
| Taxes, remuneration and social security | 45 | €44,011 | €35,170 | -€8,841 | -20.1% |
| Taxes | 450/3 | €32,379 | €29,361 | -€3,018 | -9.3% |
| Remuneration and social security | 454/9 | €11,632 | €5,809 | -€5,823 | -50.1% |
| Other amounts payable | 47/48 | €0 | €526 | +€526 | |
| Remuneration, social security and pensions | 62 | €322,721 | €178,305 | -€144,416 | -44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,420 | €46,538 | -€6,882 | -12.9% |
| Other operating charges | 640/8 | €1,984 | €1,407 | -€578 | -29.1% |
| Non-recurring operating charges | 66A | - | €1,404 | +€1,404 | |
| Gross operating margin | 9900 | €427,626 | €287,942 | -€139,685 | -32.7% |
| Operating profit (loss) | 9901 | €49,501 | €60,288 | +€10,787 | +21.8% |
| Financial income | 75/76B | €0 | €109 | +€109 | +361,900% |
| Recurring financial income | 75 | €0 | €109 | +€109 | +361,900% |
| Financial charges | 65/66B | €11,562 | €10,747 | -€814 | -7.0% |
| Recurring financial charges | 65 | €11,562 | €10,747 | -€814 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €37,939 | €49,650 | +€11,710 | +30.9% |
| Income taxes | 67/77 | €460 | €475 | +€15 | +3.3% |
| Profit (loss) for the period | 9904 | €37,479 | €49,174 | +€11,695 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,479 | €49,174 | +€11,695 | +31.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.