FRECHATEL: 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.
FRECHATEL
Largest movements
- Tangible fixed assets -€9,862
down €9,862 (-4.0%), from €247,052 to €237,190
of which Land and buildings: -€8,829
- Other debts -€14,211
down €14,211 (-5.4%), from €262,027 to €247,817
- Profit (loss) carried forward +€10,425
up €10,425 (+12.6%), from -€82,685 to -€72,260
- Current portion of long-term debt -€6,711
no longer reported in 2025 (was €6,711)
- Depreciation -€4,165
down €4,165 (-29.7%), from €14,027 to €9,862
- Other operating charges +€2,573
up €2,573 (+208.0%), from €1,237 to €3,811
- Gross operating margin -€1,920
down €1,920 (-7.6%), from €25,291 to €23,371
- Financial income +€756
up €756 (+6049.3%), from €13 to €769
- Financial charges -€511
down €511 (-92.4%), from €553 to €42
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 | €249,403 | €237,557 | -€11,846 | -4.7% |
| Fixed assets | 21/28 | €247,052 | €237,190 | -€9,862 | -4.0% |
| Tangible fixed assets | 22/27 | €247,052 | €237,190 | -€9,862 | -4.0% |
| Land and buildings | 22 | €237,066 | €228,237 | -€8,829 | -3.7% |
| Plant, machinery and equipment | 23 | €8,439 | €7,793 | -€646 | -7.7% |
| Furniture and vehicles | 24 | €1,546 | €1,160 | -€387 | -25.0% |
| Current assets | 29/58 | €2,351 | €367 | -€1,984 | -84.4% |
| Cash at bank and in hand | 54/58 | €2,351 | €367 | -€1,984 | -84.4% |
| Total equity and liabilities | 10/49 | €249,403 | €237,557 | -€11,846 | -4.7% |
| Equity | 10/15 | -€20,685 | -€10,260 | +€10,425 | +50.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,685 | -€72,260 | +€10,425 | +12.6% |
| Amounts payable | 17/49 | €270,088 | €247,817 | -€22,271 | -8.2% |
| Amounts payable within one year | 42/48 | €270,088 | €247,817 | -€22,271 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €6,711 | - | -€6,711 | |
| Trade debts | 44 | €1,349 | - | -€1,349 | |
| Suppliers | 440/4 | €1,349 | - | -€1,349 | |
| Other amounts payable | 47/48 | €262,027 | €247,817 | -€14,211 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,027 | €9,862 | -€4,165 | -29.7% |
| Other operating charges | 640/8 | €1,237 | €3,811 | +€2,573 | +208.0% |
| Gross operating margin | 9900 | €25,291 | €23,371 | -€1,920 | -7.6% |
| Operating profit (loss) | 9901 | €10,026 | €9,698 | -€328 | -3.3% |
| Financial income | 75/76B | €13 | €769 | +€756 | +6049.3% |
| Recurring financial income | 75 | €13 | €769 | +€756 | +6049.3% |
| Financial charges | 65/66B | €553 | €42 | -€511 | -92.4% |
| Recurring financial charges | 65 | €553 | €42 | -€511 | -92.4% |
| Profit (loss) for the period before taxes | 9903 | €9,486 | €10,425 | +€939 | +9.9% |
| Profit (loss) for the period | 9904 | €9,486 | €10,425 | +€939 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,486 | €10,425 | +€939 | +9.9% |
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.