FreckEls & Waffles: 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.
FreckEls & Waffles
Largest movements
- Cash +€6,420
up €6,420 (+321%), from €2,000 to €8,420
mainly Net result for the year (+€3,255) and Stocks and contracts (+€1,957)
- Stocks and contracts -€1,957
down €1,957 (-25.8%), from €7,577 to €5,621
- Receivables within one year -€502
down €502 (-75.4%), from €665 to €164
- Formation expenses -€261
down €261 (-25.8%), from €1,013 to €752
- Profit (loss) carried forward +€3,255
up €3,255 (+16.9%), from -€19,222 to -€15,967
- Tax, wage and social debts +€1,199
up €1,199 (+233%), from €515 to €1,714
- Trade debts -€665
down €665 (-53.7%), from €1,238 to €573
- Gross operating margin +€3,999
up €3,999, from -€133 to €3,866
- Financial charges -€296
down €296, from €257 to -€40
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 | €11,384 | €15,065 | +€3,682 | +32.3% |
| Formation expenses | 20 | €1,013 | €752 | -€261 | -25.8% |
| Current assets | 29/58 | €10,371 | €14,314 | +€3,943 | +38.0% |
| Stocks and contracts in progress | 3 | €7,577 | €5,621 | -€1,957 | -25.8% |
| Stocks | 30/36 | €7,577 | €5,621 | -€1,957 | -25.8% |
| Amounts receivable within one year | 40/41 | €665 | €164 | -€502 | -75.4% |
| Trade receivables | 40 | €665 | €164 | -€502 | -75.4% |
| Cash at bank and in hand | 54/58 | €2,000 | €8,420 | +€6,420 | +321% |
| Deferred charges and accrued income | 490/1 | €128 | €110 | -€19 | -14.6% |
| Total equity and liabilities | 10/49 | €11,384 | €15,065 | +€3,682 | +32.3% |
| Equity | 10/15 | -€13,022 | -€9,767 | +€3,255 | +25.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,222 | -€15,967 | +€3,255 | +16.9% |
| Amounts payable | 17/49 | €24,406 | €24,833 | +€427 | +1.7% |
| Amounts payable after more than one year | 17 | €8,000 | €8,000 | = | 0.0% |
| Financial debts | 170/4 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,406 | €16,833 | +€427 | +2.6% |
| Trade debts | 44 | €1,238 | €573 | -€665 | -53.7% |
| Suppliers | 440/4 | €1,238 | €573 | -€665 | -53.7% |
| Taxes, remuneration and social security | 45 | €515 | €1,714 | +€1,199 | +233% |
| Taxes | 450/3 | €515 | €1,714 | +€1,199 | +233% |
| Other amounts payable | 47/48 | €14,653 | €14,546 | -€107 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €261 | €261 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€133 | €3,866 | +€3,999 | |
| Operating profit (loss) | 9901 | -€781 | €3,205 | +€3,986 | |
| Financial income | 75/76B | €3 | €10 | +€7 | +195% |
| Recurring financial income | 75 | €3 | €10 | +€7 | +195% |
| Financial charges | 65/66B | €257 | -€40 | -€296 | |
| Recurring financial charges | 65 | €257 | -€40 | -€296 | |
| Profit (loss) for the period before taxes | 9903 | -€1,035 | €3,255 | +€4,289 | |
| Profit (loss) for the period | 9904 | -€1,035 | €3,255 | +€4,289 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,035 | €3,255 | +€4,289 |
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 28 October 2026 via checked.be.