FRAPPANT: 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.
FRAPPANT
Largest movements
- Cash +€56,186
up €56,186 (+36.3%), from €154,698 to €210,884
mainly Net result for the year (+€31,852) and Other debts (+€25,558)
- Receivables within one year -€15,791
down €15,791 (-34.9%), from €45,280 to €29,489
of which Trade receivables: -€14,990
- Other debts +€25,558
up €25,558 (+32.8%), from €77,858 to €103,416
- Reserves +€9,281
up €9,281 (+7.8%), from €119,329 to €128,610
- Gross operating margin -€7,839
down €7,839 (-13.2%), from €59,352 to €51,513
- Taxes -€2,305
down €2,305 (-15.8%), from €14,607 to €12,302
- Financial charges +€929
up €929 (+22.8%), from €4,081 to €5,010
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 | €226,323 | €265,631 | +€39,308 | +17.4% |
| Fixed assets | 21/28 | €24,650 | €23,539 | -€1,111 | -4.5% |
| Tangible fixed assets | 22/27 | €2,911 | €1,800 | -€1,111 | -38.2% |
| Furniture and vehicles | 24 | €2,911 | €1,800 | -€1,111 | -38.2% |
| Financial fixed assets | 28 | €21,739 | €21,739 | = | 0.0% |
| Current assets | 29/58 | €201,672 | €242,092 | +€40,420 | +20.0% |
| Amounts receivable within one year | 40/41 | €45,280 | €29,489 | -€15,791 | -34.9% |
| Trade receivables | 40 | €43,679 | €28,689 | -€14,990 | -34.3% |
| Other amounts receivable | 41 | €1,600 | €800 | -€801 | -50.0% |
| Cash at bank and in hand | 54/58 | €154,698 | €210,884 | +€56,186 | +36.3% |
| Deferred charges and accrued income | 490/1 | €1,695 | €1,719 | +€24 | +1.4% |
| Total equity and liabilities | 10/49 | €226,323 | €265,631 | +€39,308 | +17.4% |
| Equity | 10/15 | €138,056 | €147,337 | +€9,281 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,329 | €128,610 | +€9,281 | +7.8% |
| Distributable reserves | 133 | €119,329 | €128,610 | +€9,281 | +7.8% |
| Profit (loss) carried forward | 14 | €127 | €127 | = | 0.0% |
| Amounts payable | 17/49 | €88,267 | €118,294 | +€30,027 | +34.0% |
| Amounts payable within one year | 42/48 | €88,145 | €118,266 | +€30,121 | +34.2% |
| Trade debts | 44 | €493 | €2,745 | +€2,252 | +456% |
| Suppliers | 440/4 | €493 | €2,745 | +€2,252 | +456% |
| Taxes, remuneration and social security | 45 | €9,793 | €12,104 | +€2,311 | +23.6% |
| Taxes | 450/3 | €9,793 | €9,903 | +€109 | +1.1% |
| Remuneration and social security | 454/9 | - | €2,202 | +€2,202 | |
| Other amounts payable | 47/48 | €77,858 | €103,416 | +€25,558 | +32.8% |
| Accrued charges and deferred income | 492/3 | €122 | €28 | -€94 | -76.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,031 | €1,111 | +€80 | +7.8% |
| Other operating charges | 640/8 | €1,723 | €1,237 | -€486 | -28.2% |
| Gross operating margin | 9900 | €59,352 | €51,513 | -€7,839 | -13.2% |
| Operating profit (loss) | 9901 | €56,598 | €49,164 | -€7,434 | -13.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,081 | €5,010 | +€929 | +22.8% |
| Recurring financial charges | 65 | €4,081 | €5,010 | +€929 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €52,517 | €44,154 | -€8,363 | -15.9% |
| Income taxes | 67/77 | €14,607 | €12,302 | -€2,305 | -15.8% |
| Profit (loss) for the period | 9904 | €37,910 | €31,852 | -€6,057 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,910 | €31,852 | -€6,057 | -16.0% |
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 14 October 2026 via checked.be.