FREDELLA: 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.
FREDELLA
Largest movements
- Tangible fixed assets -€42,563
down €42,563 (-90.6%), from €46,963 to €4,400
- Receivables within one year +€34,633
up €34,633 (+41.0%), from €84,469 to €119,102
of which Trade receivables: +€45,127
- Debts after one year -€12,857
down €12,857 (-35.2%), from €36,565 to €23,708
- Current portion of long-term debt -€5,695
down €5,695 (-30.7%), from €18,552 to €12,857
- Trade debts +€4,763
up €4,763 (+420.7%), from €1,132 to €5,895
- Other debts +€4,295
new in 2024: €4,295
- Short-term financial debts +€3,809
up €3,809 (+62.1%), from €6,132 to €9,942
- Gross operating margin -€26,583
down €26,583 (-62.9%), from €42,262 to €15,679
- Taxes -€3,888
down €3,888 (-67.0%), from €5,805 to €1,918
- Other operating charges +€3,299
new in 2024: €3,299
- Depreciation +€1,100
new in 2024: €1,100
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,968 | €142,038 | -€7,930 | -5.3% |
| Fixed assets | 21/28 | €65,496 | €22,933 | -€42,563 | -65.0% |
| Tangible fixed assets | 22/27 | €46,963 | €4,400 | -€42,563 | -90.6% |
| Furniture and vehicles | 24 | €46,963 | €4,400 | -€42,563 | -90.6% |
| Financial fixed assets | 28 | €18,533 | €18,533 | = | 0.0% |
| Current assets | 29/58 | €84,472 | €119,105 | +€34,633 | +41.0% |
| Amounts receivable within one year | 40/41 | €84,469 | €119,102 | +€34,633 | +41.0% |
| Trade receivables | 40 | €39,160 | €84,287 | +€45,127 | +115.2% |
| Other amounts receivable | 41 | €45,309 | €34,815 | -€10,494 | -23.2% |
| Cash at bank and in hand | 54/58 | €3 | €3 | -€0 | -4.6% |
| Total equity and liabilities | 10/49 | €149,968 | €142,038 | -€7,930 | -5.3% |
| Equity | 10/15 | €62,214 | €62,618 | +€404 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,614 | €44,018 | +€404 | +0.9% |
| Amounts payable | 17/49 | €87,754 | €79,420 | -€8,334 | -9.5% |
| Amounts payable after more than one year | 17 | €36,565 | €23,708 | -€12,857 | -35.2% |
| Financial debts | 170/4 | €36,565 | €23,708 | -€12,857 | -35.2% |
| Amounts payable within one year | 42/48 | €51,189 | €55,712 | +€4,522 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €18,552 | €12,857 | -€5,695 | -30.7% |
| Financial debts | 43 | €6,132 | €9,942 | +€3,809 | +62.1% |
| Credit institutions | 430/8 | €6,132 | €9,942 | +€3,809 | +62.1% |
| Trade debts | 44 | €1,132 | €5,895 | +€4,763 | +420.7% |
| Suppliers | 440/4 | €1,132 | €5,895 | +€4,763 | +420.7% |
| Taxes, remuneration and social security | 45 | €25,373 | €22,723 | -€2,650 | -10.4% |
| Taxes | 450/3 | €24,702 | €22,723 | -€1,979 | -8.0% |
| Remuneration and social security | 454/9 | €671 | €0 | -€671 | -100.0% |
| Other amounts payable | 47/48 | - | €4,295 | +€4,295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,100 | +€1,100 | |
| Other operating charges | 640/8 | - | €3,299 | +€3,299 | |
| Non-recurring operating charges | 66A | €20,109 | €5,683 | -€14,427 | -71.7% |
| Gross operating margin | 9900 | €42,262 | €15,679 | -€26,583 | -62.9% |
| Operating profit (loss) | 9901 | €22,153 | €5,598 | -€16,555 | -74.7% |
| Financial charges | 65/66B | €2,901 | €3,276 | +€375 | +12.9% |
| Recurring financial charges | 65 | €2,901 | €3,276 | +€375 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €19,252 | €2,322 | -€16,930 | -87.9% |
| Income taxes | 67/77 | €5,805 | €1,918 | -€3,888 | -67.0% |
| Profit (loss) for the period | 9904 | €13,447 | €404 | -€13,042 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,447 | €404 | -€13,042 | -97.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.