FRAPAS: 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.
FRAPAS
Largest movements
- Cash +€12,752
up €12,752 (+135.7%), from €9,399 to €22,152
mainly Net result for the year (+€11,279) and Depreciation (+€4,635)
- Tangible fixed assets -€4,635
down €4,635 (-54.5%), from €8,504 to €3,869
of which Leasing and similar rights: -€3,441
- Profit (loss) carried forward +€11,279
up €11,279 (+50.3%), from -€22,407 to -€11,127
- Debts after one year -€3,195
no longer reported in 2025 (was €3,195)
- Tax, wage and social debts +€875
up €875 (+9.5%), from €9,209 to €10,084
of which Taxes: +€839
- Trade debts -€695
down €695 (-10.2%), from €6,820 to €6,124
- Gross operating margin +€11,363
up €11,363 (+19.0%), from €59,906 to €71,269
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 | €28,445 | €36,784 | +€8,339 | +29.3% |
| Fixed assets | 21/28 | €10,654 | €6,019 | -€4,635 | -43.5% |
| Tangible fixed assets | 22/27 | €8,504 | €3,869 | -€4,635 | -54.5% |
| Plant, machinery and equipment | 23 | €1,280 | €793 | -€486 | -38.0% |
| Furniture and vehicles | 24 | €880 | €173 | -€708 | -80.4% |
| Leasing and similar rights | 25 | €6,344 | €2,903 | -€3,441 | -54.2% |
| Financial fixed assets | 28 | €2,150 | €2,150 | = | 0.0% |
| Current assets | 29/58 | €17,791 | €30,765 | +€12,974 | +72.9% |
| Stocks and contracts in progress | 3 | €4,714 | €4,771 | +€57 | +1.2% |
| Stocks | 30/36 | €4,714 | €4,771 | +€57 | +1.2% |
| Amounts receivable within one year | 40/41 | €1,428 | €1,614 | +€186 | +13.0% |
| Trade receivables | 40 | €1,320 | €1,082 | -€238 | -18.0% |
| Other amounts receivable | 41 | €109 | €533 | +€424 | +389.4% |
| Cash at bank and in hand | 54/58 | €9,399 | €22,152 | +€12,752 | +135.7% |
| Deferred charges and accrued income | 490/1 | €2,249 | €2,227 | -€22 | -1.0% |
| Total equity and liabilities | 10/49 | €28,445 | €36,784 | +€8,339 | +29.3% |
| Equity | 10/15 | -€3,723 | €7,557 | +€11,279 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €92 | €92 | = | 0.0% |
| Distributable reserves | 133 | €92 | €92 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,407 | -€11,127 | +€11,279 | +50.3% |
| Amounts payable | 17/49 | €32,168 | €29,228 | -€2,941 | -9.1% |
| Amounts payable after more than one year | 17 | €3,195 | - | -€3,195 | |
| Financial debts | 170/4 | €3,195 | - | -€3,195 | |
| Amounts payable within one year | 42/48 | €28,738 | €29,028 | +€289 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €2,902 | €2,933 | +€31 | +1.1% |
| Trade debts | 44 | €6,820 | €6,124 | -€695 | -10.2% |
| Suppliers | 440/4 | €6,820 | €6,124 | -€695 | -10.2% |
| Taxes, remuneration and social security | 45 | €9,209 | €10,084 | +€875 | +9.5% |
| Taxes | 450/3 | €2,554 | €3,394 | +€839 | +32.9% |
| Remuneration and social security | 454/9 | €6,654 | €6,690 | +€36 | +0.5% |
| Other amounts payable | 47/48 | €9,808 | €9,887 | +€79 | +0.8% |
| Accrued charges and deferred income | 492/3 | €234 | €200 | -€35 | -14.7% |
| Remuneration, social security and pensions | 62 | €51,589 | €51,388 | -€200 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,838 | €4,635 | -€203 | -4.2% |
| Other operating charges | 640/8 | €1,241 | €1,663 | +€423 | +34.1% |
| Gross operating margin | 9900 | €59,906 | €71,269 | +€11,363 | +19.0% |
| Operating profit (loss) | 9901 | €2,238 | €13,582 | +€11,344 | +506.8% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €2,227 | €2,303 | +€76 | +3.4% |
| Recurring financial charges | 65 | €2,227 | €2,303 | +€76 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €17 | €11,279 | +€11,262 | +66680.9% |
| Profit (loss) for the period | 9904 | €17 | €11,279 | +€11,262 | +66680.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17 | €11,279 | +€11,262 | +66680.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.