FRAWILOU: 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.
FRAWILOU
Largest movements
- Tangible fixed assets +€7,533
up €7,533 (+79.3%), from €9,498 to €17,031
of which Other tangible fixed assets: +€7,500
- Receivables within one year +€2,497
up €2,497 (+16.4%), from €15,200 to €17,697
of which Other amounts receivable: +€2,697
- Cash +€1,002
up €1,002 (+5.2%), from €19,263 to €20,265
mainly Net result for the year (+€17,294) and Tax, wage and social debts (+€1,283)
- Reserves +€17,294
up €17,294 (+101%), from €17,170 to €34,463
- Trade debts -€3,733
down €3,733 (-57.8%), from €6,453 to €2,720
- Other debts -€3,437
down €3,437 (-100%), from €3,437 to €0
- Tax, wage and social debts +€1,283
up €1,283 (+7.6%), from €16,873 to €18,156
- Gross operating margin +€4,860
up €4,860 (+20.5%), from €23,664 to €28,524
- Financial charges +€1,379
up €1,379 (+138%), from €998 to €2,377
- Taxes +€1,282
up €1,282 (+27.5%), from €4,665 to €5,947
- Other operating charges +€1,068
up €1,068 (+161%), from €664 to €1,732
- Depreciation +€1,007
up €1,007 (+599%), from €168 to €1,175
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 | €46,433 | €57,840 | +€11,407 | +24.6% |
| Fixed assets | 21/28 | €9,498 | €17,031 | +€7,533 | +79.3% |
| Tangible fixed assets | 22/27 | €9,498 | €17,031 | +€7,533 | +79.3% |
| Furniture and vehicles | 24 | €3,998 | €4,031 | +€33 | +0.8% |
| Other tangible fixed assets | 26 | €5,500 | €13,000 | +€7,500 | +136% |
| Current assets | 29/58 | €36,934 | €40,808 | +€3,874 | +10.5% |
| Amounts receivable within one year | 40/41 | €15,200 | €17,697 | +€2,497 | +16.4% |
| Trade receivables | 40 | €15,200 | €15,000 | -€200 | -1.3% |
| Other amounts receivable | 41 | - | €2,697 | +€2,697 | |
| Cash at bank and in hand | 54/58 | €19,263 | €20,265 | +€1,002 | +5.2% |
| Deferred charges and accrued income | 490/1 | €2,472 | €2,846 | +€375 | +15.2% |
| Total equity and liabilities | 10/49 | €46,433 | €57,840 | +€11,407 | +24.6% |
| Equity | 10/15 | €19,670 | €36,963 | +€17,294 | +87.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €17,170 | €34,463 | +€17,294 | +101% |
| Distributable reserves | 133 | €17,170 | €34,463 | +€17,294 | +101% |
| Amounts payable | 17/49 | €26,763 | €20,876 | -€5,887 | -22.0% |
| Amounts payable within one year | 42/48 | €26,763 | €20,876 | -€5,887 | -22.0% |
| Trade debts | 44 | €6,453 | €2,720 | -€3,733 | -57.8% |
| Suppliers | 440/4 | €6,453 | €2,720 | -€3,733 | -57.8% |
| Taxes, remuneration and social security | 45 | €16,873 | €18,156 | +€1,283 | +7.6% |
| Taxes | 450/3 | €16,873 | €18,156 | +€1,283 | +7.6% |
| Other amounts payable | 47/48 | €3,437 | €0 | -€3,437 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168 | €1,175 | +€1,007 | +599% |
| Other operating charges | 640/8 | €664 | €1,732 | +€1,068 | +161% |
| Gross operating margin | 9900 | €23,664 | €28,524 | +€4,860 | +20.5% |
| Operating profit (loss) | 9901 | €22,832 | €25,617 | +€2,785 | +12.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €998 | €2,377 | +€1,379 | +138% |
| Recurring financial charges | 65 | €998 | €2,377 | +€1,379 | +138% |
| Profit (loss) for the period before taxes | 9903 | €21,835 | €23,240 | +€1,406 | +6.4% |
| Income taxes | 67/77 | €4,665 | €5,947 | +€1,282 | +27.5% |
| Profit (loss) for the period | 9904 | €17,170 | €17,294 | +€124 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,170 | €17,294 | +€124 | +0.7% |
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 24 October 2026 via checked.be.