Frappato: 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.
Frappato
Largest movements
- Cash +€75,513
up €75,513 (+171.7%), from €43,970 to €119,484
mainly Net result for the year (+€66,393) and Tax, wage and social debts (+€18,021)
- Receivables within one year +€2,113
up €2,113 (+16.1%), from €13,165 to €15,278
- Tangible fixed assets +€2,055
new in 2025: €2,055
- Reserves +€66,393
up €66,393 (+189.7%), from €35,005 to €101,398
- Tax, wage and social debts +€18,021
up €18,021 (+112.6%), from €16,006 to €34,028
- Other debts -€4,909
down €4,909 (-97.0%), from €5,059 to €150
- Gross operating margin +€39,385
up €39,385 (+88.0%), from €44,742 to €84,127
- Taxes +€7,649
up €7,649 (+79.0%), from €9,679 to €17,328
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 | €57,524 | €137,202 | +€79,678 | +138.5% |
| Fixed assets | 21/28 | - | €2,055 | +€2,055 | |
| Tangible fixed assets | 22/27 | - | €2,055 | +€2,055 | |
| Plant, machinery and equipment | 23 | - | €2,055 | +€2,055 | |
| Current assets | 29/58 | €57,524 | €135,147 | +€77,623 | +134.9% |
| Amounts receivable within one year | 40/41 | €13,165 | €15,278 | +€2,113 | +16.1% |
| Trade receivables | 40 | €13,165 | €15,278 | +€2,113 | +16.1% |
| Cash at bank and in hand | 54/58 | €43,970 | €119,484 | +€75,513 | +171.7% |
| Deferred charges and accrued income | 490/1 | €389 | €385 | -€4 | -1.0% |
| Total equity and liabilities | 10/49 | €57,524 | €137,202 | +€79,678 | +138.5% |
| Equity | 10/15 | €36,005 | €102,398 | +€66,393 | +184.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €35,005 | €101,398 | +€66,393 | +189.7% |
| Distributable reserves | 133 | €35,005 | €101,398 | +€66,393 | +189.7% |
| Amounts payable | 17/49 | €21,519 | €34,804 | +€13,285 | +61.7% |
| Amounts payable within one year | 42/48 | €21,519 | €34,804 | +€13,285 | +61.7% |
| Trade debts | 44 | €454 | €626 | +€172 | +37.9% |
| Suppliers | 440/4 | €454 | €626 | +€172 | +37.9% |
| Taxes, remuneration and social security | 45 | €16,006 | €34,028 | +€18,021 | +112.6% |
| Taxes | 450/3 | €16,006 | €34,028 | +€18,021 | +112.6% |
| Other amounts payable | 47/48 | €5,059 | €150 | -€4,909 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €168 | +€168 | |
| Other operating charges | 640/8 | - | €186 | +€186 | |
| Gross operating margin | 9900 | €44,742 | €84,127 | +€39,385 | +88.0% |
| Operating profit (loss) | 9901 | €44,742 | €83,773 | +€39,031 | +87.2% |
| Financial charges | 65/66B | €58 | €52 | -€6 | -10.8% |
| Recurring financial charges | 65 | €58 | €52 | -€6 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €44,684 | €83,722 | +€39,038 | +87.4% |
| Income taxes | 67/77 | €9,679 | €17,328 | +€7,649 | +79.0% |
| Profit (loss) for the period | 9904 | €35,005 | €66,393 | +€31,388 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,005 | €66,393 | +€31,388 | +89.7% |
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 10 October 2026 via checked.be.