FRATO CONSULTING: 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.
FRATO CONSULTING
Largest movements
- Cash +€180,455
up €180,455 (+149%), from €121,089 to €301,544
mainly Current investments (+€100,000) and Net result for the year (+€90,041)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year +€28,522
up €28,522 (+68.4%), from €41,679 to €70,200
of which Trade receivables: +€19,904
- Reserves +€65,730
up €65,730 (+30.6%), from €215,022 to €280,752
- Trade debts +€23,398
up €23,398 (+99.8%), from €23,441 to €46,839
- Tax, wage and social debts +€15,773
up €15,773 (+92.4%), from €17,063 to €32,836
of which Taxes: +€10,716
- Other debts +€5,599
up €5,599 (+106%), from €5,292 to €10,891
- Staff costs +€36,648
new in 2025: €36,648
- Gross operating margin +€11,939
up €11,939 (+7.4%), from €162,066 to €174,005
- Taxes -€4,597
down €4,597 (-9.7%), from €47,242 to €42,646
- Financial income +€3,574
up €3,574 (+559%), from €640 to €4,214
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 | €279,368 | €389,867 | +€110,500 | +39.6% |
| Fixed assets | 21/28 | €13,625 | €12,144 | -€1,481 | -10.9% |
| Tangible fixed assets | 22/27 | €13,625 | €12,144 | -€1,481 | -10.9% |
| Land and buildings | 22 | €2,466 | €2,208 | -€258 | -10.5% |
| Plant, machinery and equipment | 23 | €8,035 | €8,365 | +€330 | +4.1% |
| Furniture and vehicles | 24 | €3,124 | €1,571 | -€1,553 | -49.7% |
| Current assets | 29/58 | €265,743 | €377,723 | +€111,981 | +42.1% |
| Amounts receivable within one year | 40/41 | €41,679 | €70,200 | +€28,522 | +68.4% |
| Trade receivables | 40 | €41,679 | €61,583 | +€19,904 | +47.8% |
| Other amounts receivable | 41 | - | €8,618 | +€8,618 | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €121,089 | €301,544 | +€180,455 | +149% |
| Deferred charges and accrued income | 490/1 | €2,975 | €5,979 | +€3,004 | +101% |
| Total equity and liabilities | 10/49 | €279,368 | €389,867 | +€110,500 | +39.6% |
| Equity | 10/15 | €233,572 | €299,302 | +€65,730 | +28.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €215,022 | €280,752 | +€65,730 | +30.6% |
| Distributable reserves | 133 | €215,022 | €280,752 | +€65,730 | +30.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €45,796 | €90,566 | +€44,770 | +97.8% |
| Amounts payable within one year | 42/48 | €45,796 | €90,566 | +€44,770 | +97.8% |
| Trade debts | 44 | €23,441 | €46,839 | +€23,398 | +99.8% |
| Suppliers | 440/4 | €23,441 | €46,839 | +€23,398 | +99.8% |
| Taxes, remuneration and social security | 45 | €17,063 | €32,836 | +€15,773 | +92.4% |
| Taxes | 450/3 | €17,063 | €27,778 | +€10,716 | +62.8% |
| Remuneration and social security | 454/9 | - | €5,057 | +€5,057 | |
| Other amounts payable | 47/48 | €5,292 | €10,891 | +€5,599 | +106% |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | - | €36,648 | +€36,648 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,711 | €7,710 | -€1,001 | -11.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €162,066 | €174,005 | +€11,939 | +7.4% |
| Operating profit (loss) | 9901 | €152,968 | €129,247 | -€23,721 | -15.5% |
| Financial income | 75/76B | €640 | €4,214 | +€3,574 | +559% |
| Recurring financial income | 75 | €640 | €4,214 | +€3,574 | +559% |
| Financial charges | 65/66B | €119 | €774 | +€655 | +553% |
| Recurring financial charges | 65 | €119 | €774 | +€655 | +553% |
| Profit (loss) for the period before taxes | 9903 | €153,489 | €132,687 | -€20,802 | -13.6% |
| Income taxes | 67/77 | €47,242 | €42,646 | -€4,597 | -9.7% |
| Profit (loss) for the period | 9904 | €106,247 | €90,041 | -€16,205 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €106,247 | €90,041 | -€16,205 | -15.3% |
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 28 October 2026 via checked.be.