FRATTI: 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.
FRATTI
Largest movements
- Cash -€10,899
down €10,899 (-100.0%), from €10,900 to €1
mainly Trade debts (-€12,233) and Other debts (-€5,199)
- Tangible fixed assets -€1,264
down €1,264 (-52.2%), from €2,421 to €1,158
of which Furniture and vehicles: -€1,264
- Receivables within one year -€1,259
down €1,259 (-43.9%), from €2,869 to €1,610
of which Trade receivables: -€1,266
- Deferred charges and accrued income +€613
new in 2025: €613
- Trade debts -€12,233
down €12,233 (-59.5%), from €20,573 to €8,341
- Other debts -€5,199
down €5,199 (-9.8%), from €53,046 to €47,847
- Profit (loss) carried forward +€4,159
up €4,159 (+2.3%), from -€177,683 to -€173,524
- Tax, wage and social debts +€1,847
up €1,847 (+178%), from €1,038 to €2,885
- Short-term financial debts -€1,382
down €1,382 (-17.4%), from €7,929 to €6,547
- Gross operating margin +€25,146
up €25,146, from -€16,264 to €8,882
- Depreciation +€668
up €668 (+112%), from €595 to €1,264
- Other operating charges +€309
up €309 (+18.3%), from €1,687 to €1,996
- Financial charges +€191
up €191 (+20.3%), from €941 to €1,131
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 | €16,190 | €3,382 | -€12,808 | -79.1% |
| Fixed assets | 21/28 | €2,421 | €1,158 | -€1,264 | -52.2% |
| Tangible fixed assets | 22/27 | €2,421 | €1,158 | -€1,264 | -52.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,421 | €1,158 | -€1,264 | -52.2% |
| Current assets | 29/58 | €13,769 | €2,224 | -€11,544 | -83.8% |
| Amounts receivable within one year | 40/41 | €2,869 | €1,610 | -€1,259 | -43.9% |
| Trade receivables | 40 | €2,869 | €1,603 | -€1,266 | -44.1% |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €10,900 | €1 | -€10,899 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €613 | +€613 | |
| Total equity and liabilities | 10/49 | €16,190 | €3,382 | -€12,808 | -79.1% |
| Equity | 10/15 | -€66,396 | -€62,237 | +€4,159 | +6.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €92,695 | €92,695 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €92,695 | €92,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,683 | -€173,524 | +€4,159 | +2.3% |
| Amounts payable | 17/49 | €82,586 | €65,620 | -€16,967 | -20.5% |
| Amounts payable within one year | 42/48 | €82,586 | €65,620 | -€16,967 | -20.5% |
| Financial debts | 43 | €7,929 | €6,547 | -€1,382 | -17.4% |
| Credit institutions | 430/8 | €7,929 | €6,547 | -€1,382 | -17.4% |
| Trade debts | 44 | €20,573 | €8,341 | -€12,233 | -59.5% |
| Suppliers | 440/4 | €20,573 | €8,341 | -€12,233 | -59.5% |
| Taxes, remuneration and social security | 45 | €1,038 | €2,885 | +€1,847 | +178% |
| Taxes | 450/3 | €1,038 | €2,885 | +€1,847 | +178% |
| Other amounts payable | 47/48 | €53,046 | €47,847 | -€5,199 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €595 | €1,264 | +€668 | +112% |
| Other operating charges | 640/8 | €1,687 | €1,996 | +€309 | +18.3% |
| Gross operating margin | 9900 | -€16,264 | €8,882 | +€25,146 | |
| Operating profit (loss) | 9901 | -€18,546 | €5,622 | +€24,168 | |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €941 | €1,131 | +€191 | +20.3% |
| Recurring financial charges | 65 | €941 | €1,131 | +€191 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,482 | €4,490 | +€23,973 | |
| Income taxes | 67/77 | €303 | €332 | +€28 | +9.4% |
| Profit (loss) for the period | 9904 | -€19,786 | €4,159 | +€23,944 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,786 | €4,159 | +€23,944 |
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 22 October 2026 via checked.be.