FRD CONCEPT SRL: 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.
FRD CONCEPT SRL
Largest movements
- Tangible fixed assets -€60,502
down €60,502 (-93.3%), from €64,824 to €4,322
of which Leasing and similar rights: -€39,600
- Cash -€37,373
down €37,373 (-61.0%), from €61,309 to €23,936
mainly Other debts (-€41,563) and Current portion of long-term debt (-€37,235)
- Intangible fixed assets +€12,774
up €12,774 (+44.3%), from €28,845 to €41,619
- Other debts -€41,563
down €41,563 (-88.1%), from €47,189 to €5,626
- Current portion of long-term debt -€37,235
down €37,235 (-78.4%), from €47,509 to €10,274
- Profit (loss) carried forward -€26,157
down €26,157 (-46.2%), from €56,639 to €30,482
- Trade debts +€25,626
up €25,626 (+536.7%), from €4,774 to €30,400
- Debts after one year -€10,274
down €10,274 (-41.6%), from €24,686 to €14,412
- Staff costs +€25,273
new in 2025: €25,273
- Gross operating margin -€14,798
down €14,798 (-24.7%), from €59,955 to €45,157
- Financial income +€9,498
up €9,498 (+31658.8%), from €30 to €9,528
- Depreciation -€4,645
down €4,645 (-8.2%), from €56,993 to €52,348
- Financial charges -€1,271
down €1,271 (-32.3%), from €3,931 to €2,660
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 | €185,025 | €99,979 | -€85,047 | -46.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €93,669 | €45,941 | -€47,728 | -51.0% |
| Intangible fixed assets | 21 | €28,845 | €41,619 | +€12,774 | +44.3% |
| Tangible fixed assets | 22/27 | €64,824 | €4,322 | -€60,502 | -93.3% |
| Plant, machinery and equipment | 23 | €2,666 | - | -€2,666 | |
| Furniture and vehicles | 24 | €12,202 | €1,003 | -€11,199 | -91.8% |
| Leasing and similar rights | 25 | €42,919 | €3,319 | -€39,600 | -92.3% |
| Other tangible fixed assets | 26 | €7,037 | - | -€7,037 | |
| Current assets | 29/58 | €91,356 | €54,038 | -€37,318 | -40.8% |
| Amounts receivable within one year | 40/41 | €23,976 | €25,701 | +€1,725 | +7.2% |
| Trade receivables | 40 | €23,976 | €25,701 | +€1,725 | +7.2% |
| Cash at bank and in hand | 54/58 | €61,309 | €23,936 | -€37,373 | -61.0% |
| Deferred charges and accrued income | 490/1 | €6,071 | €4,401 | -€1,670 | -27.5% |
| Total equity and liabilities | 10/49 | €185,025 | €99,979 | -€85,047 | -46.0% |
| Equity | 10/15 | €58,639 | €32,482 | -€26,157 | -44.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,639 | €30,482 | -€26,157 | -46.2% |
| Amounts payable | 17/49 | €126,386 | €67,497 | -€58,890 | -46.6% |
| Amounts payable after more than one year | 17 | €24,686 | €14,412 | -€10,274 | -41.6% |
| Financial debts | 170/4 | €24,686 | €14,412 | -€10,274 | -41.6% |
| Amounts payable within one year | 42/48 | €101,313 | €48,921 | -€52,392 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | €47,509 | €10,274 | -€37,235 | -78.4% |
| Trade debts | 44 | €4,774 | €30,400 | +€25,626 | +536.7% |
| Suppliers | 440/4 | €4,774 | €30,400 | +€25,626 | +536.7% |
| Taxes, remuneration and social security | 45 | €1,841 | €2,620 | +€780 | +42.4% |
| Taxes | 450/3 | €1,841 | €296 | -€1,545 | -83.9% |
| Remuneration and social security | 454/9 | - | €2,325 | +€2,325 | |
| Other amounts payable | 47/48 | €47,189 | €5,626 | -€41,563 | -88.1% |
| Accrued charges and deferred income | 492/3 | €387 | €4,163 | +€3,776 | +974.9% |
| Remuneration, social security and pensions | 62 | - | €25,273 | +€25,273 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,993 | €52,348 | -€4,645 | -8.2% |
| Other operating charges | 640/8 | €387 | €458 | +€71 | +18.3% |
| Gross operating margin | 9900 | €59,955 | €45,157 | -€14,798 | -24.7% |
| Operating profit (loss) | 9901 | €2,575 | -€32,923 | -€35,497 | |
| Financial income | 75/76B | €30 | €9,528 | +€9,498 | +31658.8% |
| Recurring financial income | 75 | €30 | €9,528 | +€9,498 | +31658.8% |
| Financial charges | 65/66B | €3,931 | €2,660 | -€1,271 | -32.3% |
| Recurring financial charges | 65 | €3,931 | €2,660 | -€1,271 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,326 | -€26,055 | -€24,729 | -1864.4% |
| Income taxes | 67/77 | €27 | €101 | +€74 | +272.4% |
| Profit (loss) for the period | 9904 | -€1,354 | -€26,157 | -€24,803 | -1832.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,354 | -€26,157 | -€24,803 | -1832.5% |
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 11 October 2026 via checked.be.