FRDT: 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.
FRDT
Largest movements
- Cash +€25,460
up €25,460 (+99.5%), from €25,596 to €51,056
mainly Net result for the year (+€26,778) and Other debts (+€23,591)
- Receivables within one year -€19,611
down €19,611 (-88.9%), from €22,067 to €2,456
of which Other amounts receivable: -€12,211
- Other debts +€23,591
up €23,591 (+112.9%), from €20,900 to €44,491
- Profit (loss) carried forward -€15,943
no longer reported in 2025 (was €15,943)
- Tax, wage and social debts -€1,811
down €1,811 (-19.8%), from €9,131 to €7,320
- Gross operating margin -€10,157
down €10,157 (-22.5%), from €45,158 to €35,000
- Taxes -€2,718
down €2,718 (-26.1%), from €10,408 to €7,690
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 | €48,204 | €54,052 | +€5,849 | +12.1% |
| Current assets | 29/58 | €48,204 | €54,052 | +€5,849 | +12.1% |
| Amounts receivable within one year | 40/41 | €22,067 | €2,456 | -€19,611 | -88.9% |
| Trade receivables | 40 | €7,546 | €146 | -€7,401 | -98.1% |
| Other amounts receivable | 41 | €14,521 | €2,310 | -€12,211 | -84.1% |
| Cash at bank and in hand | 54/58 | €25,596 | €51,056 | +€25,460 | +99.5% |
| Deferred charges and accrued income | 490/1 | €541 | €541 | = | 0.0% |
| Total equity and liabilities | 10/49 | €48,204 | €54,052 | +€5,849 | +12.1% |
| Equity | 10/15 | €18,021 | €2,000 | -€16,021 | -88.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €78 | - | -€78 | |
| Distributable reserves | 133 | €78 | - | -€78 | |
| Profit (loss) carried forward | 14 | €15,943 | - | -€15,943 | |
| Amounts payable | 17/49 | €30,182 | €52,052 | +€21,870 | +72.5% |
| Amounts payable within one year | 42/48 | €30,182 | €52,052 | +€21,870 | +72.5% |
| Trade debts | 44 | €151 | €241 | +€90 | +59.2% |
| Suppliers | 440/4 | €151 | €241 | +€90 | +59.2% |
| Taxes, remuneration and social security | 45 | €9,131 | €7,320 | -€1,811 | -19.8% |
| Taxes | 450/3 | €9,131 | €7,320 | -€1,811 | -19.8% |
| Other amounts payable | 47/48 | €20,900 | €44,491 | +€23,591 | +112.9% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | €45,158 | €35,000 | -€10,157 | -22.5% |
| Operating profit (loss) | 9901 | €44,259 | €34,072 | -€10,187 | -23.0% |
| Financial income | 75/76B | €654 | €617 | -€38 | -5.8% |
| Recurring financial income | 75 | €654 | €617 | -€38 | -5.8% |
| Financial charges | 65/66B | - | €221 | +€221 | |
| Recurring financial charges | 65 | - | €221 | +€221 | |
| Profit (loss) for the period before taxes | 9903 | €44,913 | €34,467 | -€10,446 | -23.3% |
| Income taxes | 67/77 | €10,408 | €7,690 | -€2,718 | -26.1% |
| Profit (loss) for the period | 9904 | €34,505 | €26,778 | -€7,728 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,505 | €26,778 | -€7,728 | -22.4% |
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 28 September 2026 via checked.be.