FRAVER: what changed
Two fiscal 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.
FRAVER
Largest movements
- Cash +€2,924
up €2,924 (+2112.4%), from €138 to €3,062
mainly Net result for the year (+€31,557) and Trade debts (+€2,503)
- Receivables within one year -€420
down €420 (-3.0%), from €14,225 to €13,805
of which Other amounts receivable: -€1,025
- Profit (loss) carried forward +€31,557
up €31,557 (+38.1%), from -€82,864 to -€51,307
- Other debts -€14,519
down €14,519 (-100.0%), from €14,519 to €0
- Accrued charges and deferred income -€12,418
down €12,418 (-100.0%), from €12,418 to €0
- Tax, wage and social debts -€4,619
down €4,619 (-37.5%), from €12,312 to €7,693
- Trade debts +€2,503
up €2,503 (+713.3%), from €351 to €2,854
- Gross operating margin -€4,720
down €4,720 (-10.1%), from €46,619 to €41,899
- Financial charges -€2,420
down €2,420 (-84.9%), from €2,850 to €430
- Taxes -€1,145
down €1,145 (-11.3%), from €10,151 to €9,007
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 | €14,363 | €16,867 | +€2,504 | +17.4% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €14,363 | €16,867 | +€2,504 | +17.4% |
| Amounts receivable within one year | 40/41 | €14,225 | €13,805 | -€420 | -3.0% |
| Trade receivables | 40 | €12,100 | €12,705 | +€605 | +5.0% |
| Other amounts receivable | 41 | €2,125 | €1,100 | -€1,025 | -48.2% |
| Cash at bank and in hand | 54/58 | €138 | €3,062 | +€2,924 | +2112.4% |
| Total equity and liabilities | 10/49 | €14,363 | €16,867 | +€2,504 | +17.4% |
| Equity | 10/15 | -€25,236 | €6,320 | +€31,557 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,027 | €39,027 | = | 0.0% |
| Distributable reserves | 133 | €39,027 | €39,027 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,864 | -€51,307 | +€31,557 | +38.1% |
| Amounts payable | 17/49 | €39,600 | €10,547 | -€29,053 | -73.4% |
| Amounts payable within one year | 42/48 | €27,182 | €10,547 | -€16,635 | -61.2% |
| Trade debts | 44 | €351 | €2,854 | +€2,503 | +713.3% |
| Suppliers | 440/4 | €351 | €2,854 | +€2,503 | +713.3% |
| Taxes, remuneration and social security | 45 | €12,312 | €7,693 | -€4,619 | -37.5% |
| Taxes | 450/3 | €12,312 | €7,693 | -€4,619 | -37.5% |
| Other amounts payable | 47/48 | €14,519 | €0 | -€14,519 | -100.0% |
| Accrued charges and deferred income | 492/3 | €12,418 | €0 | -€12,418 | -100.0% |
| Other operating charges | 640/8 | €831 | €905 | +€74 | +8.9% |
| Non-recurring operating charges | 66A | €154,500 | €0 | -€154,500 | -100.0% |
| Gross operating margin | 9900 | €46,619 | €41,899 | -€4,720 | -10.1% |
| Operating profit (loss) | 9901 | -€108,712 | €40,994 | +€149,706 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,850 | €430 | -€2,420 | -84.9% |
| Recurring financial charges | 65 | €2,850 | €430 | -€2,420 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | -€111,562 | €40,564 | +€152,126 | |
| Income taxes | 67/77 | €10,151 | €9,007 | -€1,145 | -11.3% |
| Profit (loss) for the period | 9904 | -€121,714 | €31,557 | +€153,271 | |
| Profit (loss) for the period to be appropriated | 9905 | -€121,714 | €31,557 | +€153,271 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.